In 2023, umbrella and parasol sales in the US stood at an undisclosed value. The forecast from 2024 to 2028 indicates steady growth, starting from $146.44 million in 2024 to $164.91 million in 2028. The year-on-year growth rates are as follows: 3.25% (2025), 3.09% (2026), 2.93% (2027), and 2.79% in 2028. The compound annual growth rate (CAGR) over this five-year period is approximately 2.76%, reflecting a consistent upward trend in demand.
Future trends to watch for include innovations in design and material, which might drive consumer interest, and an interplay between weather patterns and sales, potentially influencing different regional markets.
