Market Size for Umbrellas in Thailand - 2022

Umbrella Consumption in Thailand - 2022

In 2022, the amount of umbrellas consumed in Thailand surged to 13M units, picking up by 24% compared with the previous year. In general, consumption showed a relatively flat trend pattern. As a result, consumption reached the peak volume of 16M units. From 2019 to 2022, the growth of the consumption remained at a lower figure.

The value of the umbrella market in Thailand soared to $14M in 2022, increasing by 21% 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, saw a mild descent. Over the period under review, the market reached the maximum level at $18M in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Source: IndexBox Market Intelligence Platform

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Free Data: Umbrellas - Thailand