The European sold production of umbrellas and sun umbrellas in 2023 reveals that Spain leads with 36.948 million euros, closely followed by Germany at 35.462 million euros. Italy and the United Kingdom follow with 27.19 and 20.674 million euros, respectively. Remarkably, Croatia and Bosnia and Herzegovina posted significant year-on-year growths at 10.23% and 7.1%, contributing to their presence in the market. Finland, despite its smaller scale, showed exceptional growth with a 56.62% increase. However, countries like France experienced a slight decline of 1% in production value.
Future trends to watch include potential growth in the Southern European markets like Greece and Spain, driven by tourism and outdoor lifestyle growth. Sustainability and innovative materials may also become critical, influencing production standards and demand across Europe.
Top countries in Sold Production of Umbrellas and Sun Umbrellas by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 36,948,000 | 2023 | +8.09% | +6.63% | View data |
| 2 | 2 Germany | 35,462,000 | 2023 | +0.052% | -0.35% | View data |
| 3 | 3 Italy | 27,190,000 | 2023 | -10.99% | +1.52% | View data |
| 4 | 4 United Kingdom | 20,674,000 | 2023 | +1.07% | +8.01% | View data |
| 5 | 5 Croatia | 18,984,000 | 2023 | +5.66% | +10.23% | View data |
| 6 | 6 Bosnia and Herzegovina | 15,676,000 | 2023 | +6.31% | +7.1% | View data |
| 7 | 7 Bulgaria | 9,778,700 | 2023 | +2.91% | +0.85% | View data |
| 8 | 8 France | 8,097,100 | 2023 | -3.05% | -1% | View data |
| 9 | 9 Greece | 2,754,200 | 2023 | +12.08% | +3.79% | View data |
| 10 | 10 Finland | 377 | 2023 | +96.35% | +56.62% | View data |