Global Patio Umbrellas Industry valued approximately USD XXX billion in 2018 is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2019-2026. A Patio umbrella refers to the umbrellas that are specially manufactured to be used for outdoor leisure. These umbrellas are generally used in homes backyard or patios, in open air restaurants and cafes, they are sometimes used on sea side or pool side. There are various types of patio umbrellas available in the Industry such as tilting patio umbrellas, beach umbrellas, bistro umbrellas etc. The growth of patio umbrellas Industry is primarily driven by rise in disposable income of individuals and changing lifestyle. Additionally, surge in tourism sector has further raised the demand for patio umbrellas across the globe. Besides this, rapid urbanization and growth in construction sector in some of the developing regions are anticipated to boost growth of the Industry in the near future. However, threat from substitutes may pose significant challenge to the Industry growth.
The regional analysis of Patio Umbrellas Industry is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. In region such as Asia-Pacific, Middle-East and Africa, rise in usage of passenger vehicles set the growth in Patio Umbrellas Industry over the forecasted period 2019-2026. Asia-Pacific is estimated to hold a prominent share of the Patio Umbrellas Industry. Developing countries, such as India and China, are significant players boosting the demand for the Patio Umbrellas Industry. Europe, North America and the Middle East and Africa are continuously witnessing infrastructural growth which fueling the demand of Patio Umbrellas Industry over the coming years. Asia Pacific region is contributing towards the growth of global Patio Umbrellas Industry and anticipated to exhibit higher growth rate / CAGR over the forecast period 2019-2026.
The objective of the study is to define Industry sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the Industry. Additionally, the report shall also incorporate available opportunities in micro Industrys for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
Patio Umbrellas Industry Share and Size by 2019-2025
Pati - Umbrellas Market Segmentation:
* North America
- Rest of Europe
- Rest of Asia-Pacific
- Latin America
- Middle East & Africa
Major Market Players in Pati - Umbrellas Market are as follows:
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