Parasol Market Report 2025 (Global Edition)

Global Parasol Market Report 2025 Market Size Split by Application (Commercial, Centre Pole Parasols, Cantilever Parasol, Wall Mounted Parasols, Personal), by Type (Automatic Parasol, Personal Parasol...

Parasol Market Report Description

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Parasol Market Insights Video

Competitive Landscape of the Parasol Market

The parasol marketplace's competitive panorama functions as diverse key players, along with installed brands and emerging producers. Major businesses pay attention to innovation, offering diverse products with more suitable UV safety, durability, and layout aesthetics. Competition is intensified through elements including pricing techniques, excellent, and distribution channels, including online and retail platforms. Additionally, businesses are more and more emphasizing sustainability with the aid of the use of green substances. Collaborations with door furnishings manufacturers and participation in exchange indicate, in addition, improved market positioning, using the increase in this dynamic region.

Top Companies Market Share in Parasol Industry: (In no particular order of Rank)

• GAGGIO srl
• Garden Art
• GLATZ AG
• IASO
• JANUS et Cie
• MakMax (Taiyo)
• MANUTTI
• MDT.
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Parasol Market

Which Region Dominates the Parasol Market in 2024?

According to Cognitive Market Research, North America currently dominates the Parasols market, and the region is expected to have significant growth during the projected period. The North American parasol marketplace is experiencing an increase pushed by way of accelerated out-of-door activities, growing attention to solar protection, and a call for stylish, useful out-of-door solutions. Consumers are investing in long-lasting, UV-resistant parasols for domestic and commercial use, contributing to a colorful and increasing marketplace inside the vicinity.

Which Region is Expanding at the Fastest CAGR?

Asia-Pacific is expected to make significant gains during the projected period, with the greatest compound annual growth rate (CAGR). The Asia-Pacific parasol marketplace is growing swiftly due to growing disposable earnings, urbanization, and a developing out-of-doors way of life. Increased focus on sun protection and a call for stylish outdoor furnishings are riding sales. Additionally, tourism and outdoor occasions in addition contribute to the expanding market in this dynamic region.

The current report Scope analyzes Parasol Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Parasol

According to Cognitive Market Research, the global Parasol market size was estimated at USD 109.6 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 43.84 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.00% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Parasol market with a market size of USD 34.59 million in 2024 and is projected to grow at a CAGR of 8.8% during the forecast period. The U.S. market's rising outdoor recreational activities.
• The Canada Parasol market had a market share of USD 5.26 million in 2024 and is projected to grow at a CAGR of 9.8% during the forecast period. Canada’s increasing consumer awareness.
• The Mexico Parasol market is projected to witness growth at a CAGR of 9.5% during the forecast period, with a market size of USD 3.99 million in 2024.

Europe Parasol

According to Cognitive Market Research, the global Parasol market size was estimated at USD 109.6 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 32.88 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.3% from 2024 to 2031.

• The United Kingdom Parasol market had a market share of USD 5.52 million in 2024 and is projected to grow at a CAGR of 10.1% during the forecast period. In the UK, Parasol sales witness an upswing due to the fashion trends.
• The France Parasol market is projected to witness growth at a CAGR of 8.5% during the forecast period, with a market size of USD 3.02 million in 2024.
• According to Cognitive Market Research, the German Parasol market size was valued at USD 6.51 million in 2024 and is projected to grow at a CAGR of 9.5% during the forecast period. In Germany, Parasol surged due to the product diversification.
• The Italy Parasol market is projected to witness growth at a CAGR of 8.7% during the forecast period, with a market size of USD 2.83 million in 2024.
• The Russia Parasol market is projected to witness growth at a CAGR of 8.3% during the forecast period, with a market size of USD 5.10 million in 2024.
• The Spain Parasol market is projected to witness growth at a CAGR of 8.4% during the forecast period with a market size of USD 2.70 million in 2024
• The Luxembourg Parasol market is projected to witness growth at a CAGR of 9.4% during the forecast period, with a market size of USD 1.02 million in 2024.
• The Portugal Parasol market is projected to witness growth at a CAGR of 9.1% during the forecast period, with a market size of USD 0.69 million in 2024.
• The Greece Parasol market is projected to witness growth at a CAGR of 9.6% during the forecast period, with a market size of USD 0.39 million in 2024.
• The Rest of Europe's Parasol market is projected to witness growth at a CAGR of 8.0% during the forecast period, with a market size of USD 5.10 million in 2024.

Asia Pacific Parasol

According to Cognitive Market Research, the global Parasol market size was estimated at USD 109.6 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 25.21 million in 2024 and will grow at a compound annual growth rate (CAGR) of 12.8% from 2024 to 2031.

• According to Cognitive Market Research, the China Parasol market size was valued at USD 11.34 million in 2024 and is projected to grow at a CAGR of 12.3% during the forecast period. Parasol surged in China due to e-commerce growth.
• The Japan Parasol market is projected to witness growth at a CAGR of 11.3% during the forecast period, with a market size of USD 3.48 million in 2024.
• The India Parasol market had a market share of USD 3.02 million in 2024 and is projected to grow at a CAGR of 14.6% during the forecast period. India's urbanization.
• The South Korean Parasol market is projected to witness growth at a CAGR of 11.9% during the forecast period, with a market size of USD 2.52 million in 2024.
• The Australian Parasol market is projected to witness growth at a CAGR of 12.5% during the forecast period, with a market size of USD 1.31 million in 2024.
• The South East Asia Parasol market is projected to witness growth at a CAGR of 13.8% during the forecast period, with a market size of USD 1.74 million in 2024.
• The Rest of Asia Pacific Parasol market is projected to witness growth at a CAGR of 12.6% during the forecast period, with a market size of USD 1.79 million in 2024.

South America Parasol

According to Cognitive Market Research, the global Parasol market size was estimated at USD 109.6 Million, out of which the Latin America held the market share of around 5% of the global revenue with a market size of USD 5.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.2% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Parasol market size was valued at USD 2.35 million in 2024 and is projected to grow at a CAGR of 10.8% during the forecast period. Parasols flourished in Brazil due to summer tourism.
• Argentina's Parasol market had a market share of USD 0.92 million in 2024 and is projected to grow at a CAGR of 11.1% during the forecast period. Argentina's environmental concerns.
• Colombia Parasol market is projected to witness growth at a CAGR of 10.0% during the forecast period, with a market size of USD 0.49 million in 2024.
• Peru Parasol market is projected to witness growth at a CAGR of 10.4% during the forecast period, with a market size of USD 0.45 million in 2024.
• Chile Parasol market is projected to witness growth at a CAGR of 10.5% during the forecast period, with a market size of USD 0.39 million in 2024.
• The Rest of Latin America's Parasol market is projected to witness growth at a CAGR of 9.3% during the forecast period, with a market size of USD 0.88 million in 2024.

Middle East Parasol

According to Cognitive Market Research, the global Parasol market size was estimated at USD 109.6 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 2.19 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.5% from 2024 to 2031..

• The GCC Countries Parasol market is projected to witness growth at a CAGR of 11.3% during the forecast period, with a market size of USD 0.94 million in 2024. Parasol sales flourish due to the technological advancements.
• The Egypt Parasol market is projected to witness growth at a CAGR of 10.8% during the forecast period, with a market size of USD 0.23 million in 2024.
• The South Africa Parasol market is projected to witness growth at a CAGR of 11.5% during the forecast period, with a market size of USD 0.35 million in 2024. Parasol sales flourished in South Africa due to rising disposable incomes.
• The Turkey Parasol market is projected to witness growth at a CAGR of 10.0% during the forecast period, with a market size of USD 0.19 million in 2024.
• The Nigeria Parasol market is projected to witness growth at a CAGR of 9.6% during the forecast period, with a market size of USD 0.23 million in 2024.
• The Rest of the MEA Parasol market is projected to witness growth at a CAGR of 9.5% during the forecast period, with a market size of USD 0.26 million in 2024.

Parasol Market Analysis

How are Segments Performing in the Global Parasol Market?

Parasol Market Application Segment Analysis

According to Cognitive Market Research, Commercial are likely to dominate the Parasol Market over the forecast period. The business segment of the parasol market is increasing as organizations search for stylish and practical out-of-door solutions for cafés, eating places, and hotels. Increased awareness of developing inviting outdoor areas and more desirable consumer reports pressure demand for durable, wonderful parasols, contributing to vast growth in this marketplace segment.

The Centre Pole Parasols is the fastest-growing segment in the Parasol Market. Centre pole parasols are gaining a reputation within the parasol market because of their versatility and balance. Ideal for each residential and industrial setting, these umbrellas provide powerful color insurance and aesthetic enchantment. Their ease of use and current designs are driving elevated client calls, contributing to market growth.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Parasol Industry. Request a Free Sample PDF!

Parasol Market Type Segment Analysis

According to Cognitive Market Research, the Automatic Parasol segment holds the largest share of the market. The automatic parasol phase is increasing unexpectedly within the parasol marketplace, driven by way of consumer calls for convenience and ease of use. These progressive umbrellas function with mechanisms for convenient starting and last, making them perfect for busy outside settings. Their functionality and modern-day layout entice clients, boosting universal market increase.

In the Parasol Market, the Personal Parasol has been expanding at a rapid pace. The personal parasol market is experiencing a boom as individuals are seeking portable and lightweight color answers for outdoor activities. Ideal for beaches, picnics, and journeys, those compact umbrellas provide convenience and style. Increased recognition of sun protection and a focus on non-public outside reviews force a call for this segment.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Parasol Material Segment Analysis

Parasol Market Material Segment Analysis

According to Cognitive Market Research, Cotton segment holds the largest market share. Cotton parasols are gaining traction within the market because of their natural, breathable fabric and eco-friendly enchantment. Consumers increasingly select sustainable materials for door merchandise. The smooth texture and vibrant designs of cotton parasols entice shoppers, contributing to a boom as they beautify outside aesthetics and provide powerful solar protection.

In the Parasol market, the rapidly growing sector is Silk . Silk parasols are becoming increasingly popular in the marketplace, appreciated for their high-priced look and lightweight design. Their fashionable aesthetic makes them perfect for upscale activities, weddings, and personal use. As consumers are trying to find particular and elegant outdoor solutions, the demand for silk parasols keeps developing, improving market variety.

• Cotton
• Silk
• Linen
• Canvas
• Plastic
• Others

Parasol Distribution Channel Segment Analysis

Parasol Market Distribution Channel Segment Analysis

According to Cognitive Market Research, the Direct segment dominates the market. Direct parasols are experiencing an increase within the market due to their honest design and easy setup. Ideal for both residential and business use, these umbrellas offer effective solar safety without complicated mechanisms. Their affordability and practicality enchantment to purchasers, using call for and contributing to the overall expansion of the parasol marketplace.

Indirect is projected to be the fastest-growing segment in the Parasol market. Indirect parasols are gaining recognition in the marketplace, particularly for their aesthetic attraction and flexibility. Often proposing elegant cantilever designs, those umbrellas provide color without obstructing areas, making them best for patios and out-of-doors eating. Their functional beauty draws consumers, driving a boom inside the parasol marketplace segment.

• Direct
• Indirect

Author's Detail

Sneha Mali

Research Analyst at Cognitive Market Research

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I am a research analyst working in various domains including the Consumer Goods domain, and my primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. I have knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively. I stay up-to-date with the latest research trends, methodologies, and technologies to ensure that my research is accurate, relevant, and impactful.

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