South Korea Umbrella Ground Anchor Market was valued at USD 0.15 Billion in 2022 and is projected to reach USD 0.22 Billion by 2030, growing at a CAGR of 4% from 2024 to 2030.
The Umbrella Ground Anchor Market in South Korea is an emerging segment within the broader umbrella and outdoor products industry. These anchors are increasingly in demand due to the growing need for stability in outdoor environments, particularly for umbrellas used in public spaces, outdoor cafes, and residential areas. With an increasing number of outdoor events and social gatherings, the requirement for secure umbrella anchors has grown significantly, ensuring that umbrellas can withstand strong winds and other weather elements.
Industries requiring reliable umbrella ground anchors typically include the hospitality industry, outdoor event management companies, and residential customers with large outdoor patios. The South Korean market, known for its innovation and technological advancement, has seen the rise of various types of umbrella ground anchors tailored to different user needs. These anchors are typically designed to be easy to install and remove, ensuring convenience while providing excellent functionality.
In terms of the types available in the market, traditional screw-in anchors, weighted bases, and innovative push-to-lock designs are the most common. Each type offers unique benefits; for example, screw-in anchors are best suited for grassy or soft ground, while weighted bases offer stability on harder surfaces such as patios and sidewalks. Additionally, adjustable anchors are gaining popularity, as they can cater to varying umbrella sizes and provide more versatility in use.
As South Korea experiences more unpredictable weather patterns, there is a growing demand for more durable and weather-resistant materials for ground anchors. Industries have begun to place higher requirements on these products, seeking anchors that are not only strong but also resistant to rust, corrosion, and UV degradation. This trend is likely to influence the future of the Umbrella Ground Anchor Market, as manufacturers focus on improving the longevity and robustness of their products.
The growing consumer preference for convenience and portability has also driven the demand for compact and lightweight umbrella anchors. These anchors provide easy mobility without sacrificing stability, making them ideal for businesses and individuals alike. Moreover, with the rise of eco-conscious consumers, many manufacturers are exploring sustainable materials to cater to the environmentally aware market.
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Scolaro
CARAVITA
Aztec Umbrella Systems
Bambrella
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the South Korea Umbrella Ground Anchor Market
Steel
Aluminum
Plastic
Composite Materials
Spiral Anchors
Plate Anchors
Helical Anchors
Drive-in Anchors
Manual Installation
Mechanical Installation
Hydraulic Installation
Pre-installed
Residential Use
Commercial Use
Industrial Use
Event Management
Homeowners
Contractors
Event Coordinators
Manufacturers
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea Umbrella Ground Anchor Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. South Korea Umbrella Ground Anchor Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Umbrella Ground Anchor Market, By Type
6. South Korea Umbrella Ground Anchor Market, By Application
7. South Korea Umbrella Ground Anchor Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Umbrella Ground Anchor Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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