Market Size for Umbrellas in Argentina - 2022

Umbrella Consumption in Argentina - 2022

In 2022, consumption of umbrellas increased by 44% to 3.1M units, rising for the second consecutive year after three years of decline. Overall, consumption, however, recorded a abrupt descent. Umbrella consumption peaked at 6.8M units in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

The size of the umbrella market in Argentina soared to $9M in 2022, with an increase of 38% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers margins, which will be included in the final consumer price). Over the period under review, consumption, however, continues to indicate a abrupt downturn. Umbrella consumption peaked at $13M in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Source: IndexBox Market Intelligence Platform

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Free Data: Umbrellas - Argentina