| Product Code: ETC5825658 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Bulgaria`s umbrella import Market Top 5 Importing Countries and Market Competition (HHI) Analysis witnessed a significant shift in 2024 with top exporters being China, Greece, Germany, Italy, and Cambodia. The Market Top 5 Importing Countries and Market Competition (HHI) Analysis concentration, as measured by the HHI, intensified from moderate to very high, indicating a more consolidated Market Top 5 Importing Countries and Market Competition (HHI) Analysis landscape. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) remained strong at 14.66% from 2020 to 2024, showcasing sustained demand for umbrellas in the Bulgarian Market Top 5 Importing Countries and Market Competition (HHI) Analysis . This trend suggests a strategic focus on key suppliers and potential challenges for new entrants in the Market Top 5 Importing Countries and Market Competition (HHI) Analysis .

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Bulgaria Umbrella Market Overview |
3.1 Bulgaria Country Macro Economic Indicators |
3.2 Bulgaria Umbrella Market Revenues & Volume, 2021 & 2031F |
3.3 Bulgaria Umbrella Market - Industry Life Cycle |
3.4 Bulgaria Umbrella Market - Porter's Five Forces |
3.5 Bulgaria Umbrella Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Bulgaria Umbrella Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Bulgaria Umbrella Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing awareness about the importance of sun protection |
4.2.2 Increasing disposable income leading to higher spending on accessories like umbrellas |
4.2.3 Tourism industry growth boosting demand for umbrellas in resorts and coastal areas |
4.3 Market Restraints |
4.3.1 Seasonal demand fluctuations affecting sales |
4.3.2 Competition from alternative sun protection products like hats and sunglasses |
4.3.3 Economic downturn impacting consumer spending on non-essential items |
5 Bulgaria Umbrella Market Trends |
6 Bulgaria Umbrella Market Segmentations |
6.1 Bulgaria Umbrella Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Bulgaria Umbrella Market Revenues & Volume, By Reverse Umbrella, 2021-2031F |
6.1.3 Bulgaria Umbrella Market Revenues & Volume, By Straight Umbrella, 2021-2031F |
6.1.4 Bulgaria Umbrella Market Revenues & Volume, By Folding Umbrella, 2021-2031F |
6.1.5 Bulgaria Umbrella Market Revenues & Volume, By Automatic Umbrella, 2021-2031F |
6.1.6 Bulgaria Umbrella Market Revenues & Volume, By Other, 2021-2031F |
6.2 Bulgaria Umbrella Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Bulgaria Umbrella Market Revenues & Volume, By Commercial Use, 2021-2031F |
6.2.3 Bulgaria Umbrella Market Revenues & Volume, By Entertainment Use, 2021-2031F |
7 Bulgaria Umbrella Market Import-Export Trade Statistics |
7.1 Bulgaria Umbrella Market Export to Major Countries |
7.2 Bulgaria Umbrella Market Imports from Major Countries |
8 Bulgaria Umbrella Market Key Performance Indicators |
8.1 Average selling price of umbrellas |
8.2 Number of tourist arrivals in Bulgaria |
8.3 Percentage of households owning multiple umbrellas |
9 Bulgaria Umbrella Market - Opportunity Assessment |
9.1 Bulgaria Umbrella Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Bulgaria Umbrella Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Bulgaria Umbrella Market - Competitive Landscape |
10.1 Bulgaria Umbrella Market Revenue Share, By Companies, 2024 |
10.2 Bulgaria Umbrella Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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