Offset Pole Outdoor Umbrellas Market Size, Trends, Share, Growth, and Opportunity Forecast, 2024 - 2031 Global Industry Analysis By Type (Cantilever, Free-Standing), By Material (Aluminum, Steel, Wood, Others), By Canopy Fabric (Polyester, Acrylic, Olefin, Others), By Application (Residential, Commercial), By Distribution Channel (Online, Offline), and By Geography (North America, Europe, Asia Pacific, South America, and Middle East & Africa)

Offset Pole Outdoor Umbrellas Market Size, Trends, Share, Growth, and Opportunity Forecast, 2024 - 2031 Global Industry Analysis By Type (Cantilever, Free-Standing), By Material (Aluminum, Steel, Wood, Others), By Canopy Fabric (Polyester, Acrylic, Olefin, Others), By Application (Residential, Commercial), By Distribution Channel (Online, Offline), and By Geography (North America, Europe, Asia Pacific, South America, and Middle East & Africa)
Region: Global
Published: August 2024
Report Code: CGNCGS899
Pages: 227

Market Overview

The Global Offset Pole Outdoor Umbrellas Market size was valued at USD 1.46 Billion in 2023 and is anticipated to reach a value of USD 2.44 Billion by 2031 expanding at a CAGR of 6.7% between 2024 and 2031.

The analyzed Offset Pole Outdoor Umbrellas Market is a rather saturated segment of the global outdoor furniture market, characterized by its focus on the improvement of outdoor living conditions. Offset pole umbrellas or cantilever umbrellas are those which have the pole on the side so that the canopy uses the side pole and is floating in the air without having any support of the main central pole present in the center of the umbrella. This design is quite ideal for patios, gardens, pool, any other outdoor places, and for commercial uses such as cafes and resorts. Increasing usage of open to air living and leisure space has dramatically increased the use of attractive and effective shading structures and thus the growth of this market. The new era in technology and innovations in designing techniques has culminated into the production of offset umbrellas that are tough, easy to use and ‘stylish’. Elements including the adjustable angles, full rotation, incorporated led lights and water proof materials are some of the aspects that are more demanded by the consumers who are looking for product’s features, not only practical, but also beautiful ones. It is also a trend in relation to materials that are being used and production processes because people are willing to pay for items that are friendly to the environment.

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Offset Pole Outdoor Umbrellas Market Major Driving Forces

Growing Popularity of Outdoor Living: The tendency to use outdoor zones for recreation, meals, and leisure also contributes to the need to establish eye-catching and practical offset pole outdoor umbrellas to improve the circumstances. 

Expansion of Hospitality and Tourism Industry: There is increased demand in the development of hotels, resorts, cafes, and restaurants for adequate shading to ensure comfort for their customers, hence the demand for stylish and long-lasting shading systems. 

Rising Urbanization: The kinds of structures that are developed include residences and business premises, which provide outside facilities, and therefore the need for diversity in shading in a relatively small space, such as cafes or restaurants that require functionality and space optimization, such as offset pole umbrellas. 

Advancements in Design and Technology: The updates to the umbrellas, such as the revolving, adjustable, and lighted umbrellas, draw consumers looking for fashionable and practical accessories for outdoor activities. 

Offset Pole Outdoor Umbrellas Market Key Opportunities

Expansion into Emerging Markets: One major development opportunity is in developing economies since the trend in population growth is characterized by a constant rise in population densities, implying that more and more people are moving into urban centers, implying increased income per capita and hence increased expenditure on products such as outdoor living products. These markets can easily be accessed by business people through the sale of cheap yet classy offset pole outdoor umbrellas. 

Sustainable and Eco-Friendly Products: The incorporation of environment-friendly materials used in the making of the umbrella and environmentally friendly manufacturing methods will lead to sales to customers who care for the environment. It is worth focusing on sustainability as it can become a unique selling point, and consumers will remain brand loyal. 

Technological Integration: Smart features like the incorporation of solar-powered LED lighting, deatactomatic operating systems for the opening and closing processes, and weather response mechanisms make the offset pole umbrellas more appealing to the modern intelligent buyer.

Offset Pole Outdoor Umbrellas Market Key Trends

·         Growing requirements for fashionable and practical exterior products.

·         The hospitality and tourism sector and its growth.

·         Increased use of environmentally and climate-friendly products.

·         Smart home and automation.

·         Designs of umbrellas that are made to fit a particular client’s preferences are also preferable.

·         New durability and weather resistance features.

·         Increasing electronic business and internet sales clicks.

·         Other features, such as 360-degree rotation.

·         Working with outdoor furniture brands.

·         Marketing and branding appeals and techniques.

·         The section of the marketing strategy that covers promotional efforts based on the calendar and business events.

·         The generation of compact and transportable umbrella forms.

Region-wise Market Insights

Asia-Pacific accounted for the largest market share at 35.2% in 2023 whereas, it is also expected to register the fastest growth, expanding at a CAGR of 7.0% between 2024 and 2031.

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North America is the biggest market for offset pole outdoor umbrellas for reasons such as preference for outside living, increased construction of houses with compounds, and business outfits with outdoors. Particularly, the United States exhibits a powerful demand owing to a high average of home renovations and an increasing hospitality market. Europe comes second in the order of preference with Germany, France, and the UK, among others, that value fashion and durability of their outdoors to correspond with their developed tourism and leisure businesses. Factors favorable for the Asia-Pacific region relating to market growth include the following: Hasty growth in urbanization, along with an increasing number of disposable incomes, has led to a shift in the trend of spending leisure time outdoors. Some of the key core markets that exist include China, Japan, and Australia; they have heavily invested in residential and commercial areas. The increasing use of automotive goods, consumer electronics, and baskets that are environmentally friendly and technologically advanced also augurs well for the market in this region. Currently, Latin America, the Middle East, and Africa are indicating some emerging opportunities caused by the development of the hospitality and tourism industries and the process of urbanization. Especially, both Brazil and the UAE are facing an increasing demand for high-quality outdoor umbrellas for the improvement of luxury hotels and resorts. Also, it’s considerably easier to design spaces for living and leisure under the climate in the region, thus promoting the market.

Market Competition Landscape

The offset pole outdoor umbrellas market is driven by strong competition from small players as well as large organizations from around the globe and region. Some key players in the market include Treasure Garden, TUUCI, and Abba Patio, which occupy a large portion of the sunshade market due to their wide product portfolios, well-established distribution channels, and well-established brand reputations. These industry majors aim at creating products that are long-lasting, elegant, and functional that are reversible, have the ability to tilt, and come with an in-built LED light. However, the competition climate is not limited to the set of mentioned players only but still opens a vast array of local and miniature players who provide cost-optimistic solutions and minority niches of customers. These companies often mirror themselves as competing with large players and mostly concentrate on niche markets by meeting local tastes and preferences.

·         Treasure Garden

·         TUUCI

·         Abba Patio

·         Coolaroo

·         ShelterLogic

·         California Umbrella

·         Giantex

·         Blissun

·         Best Choice Products

·         Costco Wholesale Corporation

·         Sunnydaze Decor

·         Simply Shade

·         Purple Leaf

·         Outsunny

·         Sorara USA

Report Attribute/Metric

Details

Market Revenue in 2023

USD 1.46 Billion

Market Revenue in 2031

USD 2.44 Billion

CAGR (2024 – 2031)

6.7%

Base Year

2023

Forecast Period

2024 – 2031

Historical Data

2019 to 2023

Forecast Unit

Value (US$ Mn)

Key Report Deliverable

Revenue Forecast, Growth Trends, Market Dynamics, Segmental Overview, Regional and Country-wise Analysis, Competition Landscape

Segments Covered

·         By Type (Cantilever, Free-Standing)

·         By Material (Aluminum, Steel, Wood, Others)

·         By Canopy Fabric (Polyester, Acrylic, Olefin, Others)

·         By Application (Residential, Commercial)

·         By Distribution Channel (Online, Offline)

Geographies Covered

North America: U.S., Canada and Mexico

Europe: Germany, France, U.K., Italy, Spain, and Rest of Europe

Asia Pacific: China, India, Japan, South Korea, Southeast Asia, and Rest of Asia Pacific

South America: Brazil, Argentina, and Rest of Latin America

Middle East & Africa:  GCC Countries, South Africa, and Rest of Middle East & Africa

Key Players Analyzed

Treasure Garden, TUUCI, Abba Patio, Coolaroo, ShelterLogic, California Umbrella, Giantex, Blissun, Best Choice Products, Costco Wholesale Corporation, Sunnydaze Decor, Simply Shade, Purple Leaf, Outsunny, Sorara USA.

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