| Product Code: ETC5825648 | 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 |
Barbados continues to rely heavily on umbrella imports, with key suppliers in 2024 being the USA, Trinidad and Tobago, China, Italy, and domestic sources. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. Despite a notable compound annual growth rate (CAGR) of 31.86% from 2020 to 2024, the negative growth rate of -15.6% in 2023-24 suggests a recent decline. Monitoring market dynamics and exploring strategies to counter this downturn will be crucial for stakeholders in the umbrella import industry in Barbados.

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 Barbados Umbrella Market Overview |
3.1 Barbados Country Macro Economic Indicators |
3.2 Barbados Umbrella Market Revenues & Volume, 2021 & 2031F |
3.3 Barbados Umbrella Market - Industry Life Cycle |
3.4 Barbados Umbrella Market - Porter's Five Forces |
3.5 Barbados Umbrella Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Barbados Umbrella Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Barbados Umbrella Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in tourism industry in Barbados leading to increased demand for umbrellas at resorts and beaches |
4.2.2 Rising awareness about sun protection and skin health driving the sales of umbrellas |
4.2.3 Innovative designs and materials in umbrella manufacturing attracting customers looking for stylish and durable products |
4.3 Market Restraints |
4.3.1 Seasonal nature of the market with higher demand during peak tourist seasons |
4.3.2 Competition from alternative sun protection products such as sunscreen lotions and hats impacting umbrella sales |
4.3.3 Economic fluctuations affecting disposable income and consumer spending on non-essential items like umbrellas |
5 Barbados Umbrella Market Trends |
6 Barbados Umbrella Market Segmentations |
6.1 Barbados Umbrella Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Barbados Umbrella Market Revenues & Volume, By Reverse Umbrella, 2021-2031F |
6.1.3 Barbados Umbrella Market Revenues & Volume, By Straight Umbrella, 2021-2031F |
6.1.4 Barbados Umbrella Market Revenues & Volume, By Folding Umbrella, 2021-2031F |
6.1.5 Barbados Umbrella Market Revenues & Volume, By Automatic Umbrella, 2021-2031F |
6.1.6 Barbados Umbrella Market Revenues & Volume, By Other, 2021-2031F |
6.2 Barbados Umbrella Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Barbados Umbrella Market Revenues & Volume, By Commercial Use, 2021-2031F |
6.2.3 Barbados Umbrella Market Revenues & Volume, By Entertainment Use, 2021-2031F |
7 Barbados Umbrella Market Import-Export Trade Statistics |
7.1 Barbados Umbrella Market Export to Major Countries |
7.2 Barbados Umbrella Market Imports from Major Countries |
8 Barbados Umbrella Market Key Performance Indicators |
8.1 Average time taken to introduce a new umbrella design or material to the market |
8.2 Customer satisfaction levels with the durability and UV protection of umbrellas |
8.3 Number of partnerships with hotels, resorts, and beach clubs for exclusive umbrella supply arrangements |
9 Barbados Umbrella Market - Opportunity Assessment |
9.1 Barbados Umbrella Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Barbados Umbrella Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Barbados Umbrella Market - Competitive Landscape |
10.1 Barbados Umbrella Market Revenue Share, By Companies, 2024 |
10.2 Barbados Umbrella Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |