Report Overview:
The Indian Umbrella Stand market is experiencing moderate growth, driven by urbanization, increasing focus on home and office organization, and the need for functional decor items. Key players include domestic manufacturers like @home and Fabindia, alongside imported brands. The market benefits from India's monsoon climate and the cultural importance of umbrellas. In 2024, metal umbrella stands accounted for 50% of sales, with growing interest in multi-functional stands that incorporate storage for other items.
The industry is seeing a trend towards sleek, modern designs that complement contemporary interiors. There's increasing demand for umbrella stands with water collection trays to prevent floor damage. Manufacturers are exploring eco-friendly materials like bamboo and recycled plastics for environmentally conscious consumers.
Market Value:
India Umbrella Stand market size was valued at US$ 23.6 million in 2024 and is projected to reach US$ 31.2 million by 2030, at a CAGR of 4.8% during the forecast period 20242030. CAGR of 4.8%
