Market Size for Umbrellas in Pakistan - 2022

Umbrella Consumption in Pakistan - 2022

In 2022, consumption of umbrellas decreased by -72.2% to 463K units, falling for the second consecutive year after two years of growth. In general, consumption, however, showed a relatively flat trend pattern. As a result, consumption reached the peak volume of 2.1M units. From 2021 to 2022, the growth of the consumption remained at a lower figure.

The value of the umbrella market in Pakistan fell rapidly to $1.8M in 2022, which is down by -64.1% 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). Overall, consumption, however, continues to indicate a modest expansion. As a result, consumption attained the peak level of $6.3M. From 2021 to 2022, the growth of the market remained at a lower figure.

Source: IndexBox Market Intelligence Platform

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Free Data: Umbrellas - Pakistan