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Awning Market, by Type (Fixed and Retractable), Product (Patio, Window, Freestanding, and Others), and Industry (Residential and Commercial): Global Opportunity Analysis and Industry Forecast, 2018 - 2025

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CO_185060
Pages: 194
Oct 2018 | 432 Views
 
Author's : Preeti Kumari
Tables: 92
Charts: 32
 

Awning Market Overview :

Awnings are sheets of fabric or other materials that are supported with a structure made of aluminum, iron, or wood. They can be deployed at the door, window, patio, and in gardens to provide shade. They have numerous applications, which prove beneficial in both, the commercial as well as residential sectors. They add style to homes by improving the architectural design and coloring. Moreover, they help protect the furniture placed outside the house from sun damage. Awnings are available in various types, which include fixed/stationary awning and retractable awning. The global awning market was valued at $6,765.8 million in 2017 and is projected to reach $11,042.7 million in 2025, growing at a CAGR of 6.2%.

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Factors such as expanded living space and sun protection, advances in fabric material, and beautification of the luxurious building drive the growth of the market. In addition, smart awnings with sensors to retract the structure in stormy or rainy weather is expected to propel the growth of the global awning industry. Moreover, fabrics and sheets that are available in different colors and patterns provide numerous opportunities to customers.

The global awning market is segmented based on type, product, industry, and region. Based on type, the market is bifurcated into fixed awning and retractable awning. Retractable awning is further sub-segmented into manual and motorized. The retractable awning segment is anticipated to dominate the global awning market throughout the study period. Based on product, the market is categorized into patio, window, freestanding, and others. The industrial segment includes residential, and commercial. The commercial segment is projected to dominate the global awning market in future, due to increase in investments to develop commercial spaces such as shops, hotels, restaurants, sports arena, and theaters.

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By Product

Based on product, the market is segmented into patio, window, freestanding, and others. Among these, the patio segment was the highest contributor, and is expected to grow at a significant growth rate during the forecast period, owing to increase in deployment of retractable awning with advanced features in the residential and nonresidential sectors. Use of patio, decks, or veranda is preferred for various occasions such as gathering, lunch, sun bath, and dinners. Moreover, the retractable patio awning with LED lighting is expected to register high growth during the forecast period.

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By Region

The market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific holds a significant share in the global awning market and is projected to grow at a high CAGR, due to growth in installation of both, fixed and retractable awning systems in countries such as China, Japan, and India.

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Key Benefits for Awning Market :

  • The study provides an in-depth analysis of the global awning market along with the current trends and future estimations to elucidate the imminent investment pockets.

  • Information about the key drivers, restraints, and opportunities and their impact analyses on the market is included in the study.

  • Porters five forces analysis illustrates the potency of the buyers and suppliers operating in the industry.

  • The quantitative analysis of the global awning market from 2017 to 2025 is provided to determine the market potential.

Awning Key Market Segments :

By Type

  • Fixed Awning

  • Retractable Awning

    • Manual

    • Motorized

By Product

  • Patio

  • Window

  • Freestanding

  • Others

By Industry

  • Commercial

  • Residential

By Region

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Rest of Europe

  • Asia-Pacific

    • China

    • Japan

    • India

    • Rest of Asia-Pacific

  • LAMEA

    • Latin America

    • Middle East and Africa

Key Market Players Profiled in the Report

  • Advanced Design Awning & Sign

  • Awning Company of America

  • Carroll Awning

  • Eide Industries

  • KE Durasol

  • Marygrove awning

  • NuImage Awnings

  • Sunair Awnings

  • Sunesta

  • Sunsetter Products

 

Chapter: 1:    INTRODUCTION

1.1.    REPORT DESCRIPTION
1.2.    KEY BENEFITS FOR STAKEHOLDERS
1.3.    KEY MARKET SEGMENTS
1.4.    KEY MARKET PLAYERS
1.5.    RESEARCH METHODOLOGY

1.5.1.    Secondary research
1.5.2.    Primary research
1.5.3.    Analyst tools & models

Chapter: 2:    EXECUTIVE SUMMARY

2.1.    KEY FINDINGS:
2.2.    CXO PERSPECTIVE

Chapter: 3:    MARKET OVERVIEW

3.1.    MARKET DEFINITION AND SCOPE
3.2.    KEY FINDINGS

3.2.1.    Top investment pockets
3.2.2.    Porter's five forces analysis

3.3.    MARKET DYNAMICS

3.3.1.    Drivers

3.3.1.1.    Expanded living space and sun protection
3.3.1.2.    Need for beautification of the building
3.3.1.3.    Advancement in Fabric Material

3.3.2.    Restraints

3.3.2.1.    Unreliability in harsh weather condition
3.3.2.2.    Expensive pricing and installation of Retractable Awning

3.3.3.    Opportunity

3.3.3.1.    Technological Innovations in Mechanism

Chapter: 4:    AWNING MARKET, BY TYPE

4.1.    MARKET OVERVIEW

4.1.1.    Market size and forecast, by type

4.2.    FIXED AWNING

4.2.1.    Key market trends, growth factors and opportunities
4.2.2.    Market size and forecast, by region
4.2.3.    Market size and forecast, by country

4.3.    RETRACTABLE AWNING

4.3.1.    Manual
4.3.2.    Motorized
4.3.3.    Key market trends, growth factors and opportunities
4.3.4.    Market size and forecast, by region
4.3.5.    Market size and forecast, by country

Chapter: 5:    AWNING MARKET, BY PRODUCT

5.1.    MARKET OVERVIEW

5.1.1.    Market size and forecast, by product

5.2.    PATIO

5.2.1.    Key market trends, growth, and opportunities
5.2.2.    Market size and forecast, by region
5.2.3.    Market size and forecast, by country

5.3.    WINDOW

5.3.1.    Key market trends, growth, and opportunities
5.3.2.    Market size and forecast, by region
5.3.3.    Market size and forecast, by country

5.4.    FREESTANDING

5.4.1.    Key market trends, growth, and opportunities
5.4.2.    Market size and forecast, by region
5.4.3.    Market size and forecast, by country

5.5.    OTHERS

5.5.1.    Key market trends, growth, and opportunities
5.5.2.    Market size and forecast, by region
5.5.3.    Market size and forecast, by country

Chapter: 6:    AWNING MARKET, BY INDUSTRY

6.1.    MARKET OVERVIEW

6.1.1.    Market size and forecast, by industry

6.2.    COMMERCIAL

6.2.1.    Key market trends, growth factors and opportunities
6.2.2.    Market size and forecast, by region
6.2.3.    Market size and forecast, by country

6.3.    RESIDENTIAL

6.3.1.    Key market trends, growth factors and opportunities
6.3.2.    Market size and forecast, by region
6.3.3.    Market size and forecast, by country

Chapter: 7:    AWNING MARKET, BY REGION

7.1.    MARKET OVERVIEW

7.1.1.    Market size and forecast by region

7.2.    NORTH AMERICA

7.2.1.    Key market trends, growth factors and opportunities
7.2.2.    Market size and forecast, by type
7.2.3.    Market size and forecast, by product

7.2.1.    Market size and forecast, by industry
7.2.2.    Market size and forecast, by country

7.2.2.1.    U.S.

7.2.2.1.1.    U.S., market size and forecast by type
7.2.2.1.2.    U.S. market size and forecast, by product
7.2.2.1.3.    U.S. market size and forecast, by industry

7.2.2.2.    Canada

7.2.2.2.1.    Canada market size and forecast, by type
7.2.2.2.2.    Canada market size and forecast, by product
7.2.2.2.3.    Canada market size and forecast, by industry

7.2.2.3.    Mexico

7.2.2.3.1.    Mexico market size and forecast, by type
7.2.2.3.2.    Mexico market size and forecast, by product
7.2.2.3.3.    Mexico market size and forecast, by industry

7.3.    EUROPE

7.3.1.    Key market trends, growth factors and opportunities
7.3.2.    Europe market size and forecast, by type
7.3.3.    Europe market size and forecast, by product
7.3.4.    Europe market size and forecast, by industry
7.3.5.    Europe market size and forecast, by country

7.3.5.1.    Germany

7.3.5.1.1.    Germany market size and forecast, by type
7.3.5.1.2.    Germany market size and forecast, by product
7.3.5.1.3.    Germany market size and forecast, by industry

7.3.5.2.    UK

7.3.5.2.1.    UK market size and forecast, by type
7.3.5.2.2.    UK market size and forecast, by product
7.3.5.2.3.    UK market size and forecast, by industry

7.3.5.3.    France

7.3.5.3.1.    France market size and forecast, by type
7.3.5.3.2.    France market size and forecast, by product
7.3.5.3.3.    France market size and forecast, by industry

7.3.5.4.    Italy

7.3.5.4.1.    Italy market size and forecast, by type
7.3.5.4.2.    Italy market size and forecast, by product
7.3.5.4.3.    Italy market size and forecast, by industry

7.3.5.5.    Rest of Europe

7.3.5.5.1.    Rest of Europe market size and forecast, by type
7.3.5.5.2.    Rest of Europe market size and forecast, by product
7.3.5.5.3.    Rest of Europe market size and forecast, by industry

7.4.    ASIA-PACIFIC

7.4.1.    Key market trends, growth factors and opportunities
7.4.2.    Asia-Pacific market size and forecast, by type
7.4.3.    Asia-Pacific market size and forecast, by product
7.4.4.    Asia-Pacific market size and forecast, by industry
7.4.5.    Asia-Pacific market size and forecast, by country

7.4.5.1.    China

7.4.5.1.1.    China market size and forecast, by type
7.4.5.1.2.    China market size and forecast, by product
7.4.5.1.3.    China market size and forecast, by Industry

7.4.5.2.    JAPAN

7.4.5.2.1.    Japan market size and forecast, by type
7.4.5.2.2.    Japan market size and forecast, by product
7.4.5.2.3.    Japan market size and forecast, by Industry

7.4.5.3.    India

7.4.5.3.1.    India market size and forecast, by type
7.4.5.3.2.    India market size and forecast, by product
7.4.5.3.3.    Rest of Asia-Pacific market size and forecast, by Industry

7.4.5.4.    Rest of Asia-Pacific

7.4.5.4.1.    Rest of Asia-Pacific market size and forecast, by type
7.4.5.4.2.    Rest of Asia-Pacific market size and forecast, by product
7.4.5.4.3.    Rest of Asia-Pacific market size and forecast, by Industry

7.5.    LAMEA

7.5.1.    Key market trends, growth factors and opportunities
7.5.2.    LAMEA market size and forecast, by type
7.5.3.    LAMEA market size and forecast, by product
7.5.4.    LAMEA market size and forecast, by Industry
7.5.5.    LAMEA market size and forecast, by country

7.5.5.1.    Latin America

7.5.5.1.1.    Latin America market size and forecast, by type
7.5.5.1.2.    Latin America market size and forecast, by product
7.5.5.1.3.    Latin America market size and forecast, by Industry

7.5.5.2.    Middle East and Africa and Africa

7.5.5.2.1.    Middle East and Africa market size and forecast, by type
7.5.5.2.2.    Middle East and Africa market size and forecast, by product
7.5.5.2.3.    Middle East and Africa market size and forecast, by Industry

Chapter: 8:    COMPANY PROFILE

8.1.    ADVANCED DESIGN AWNINGS & SIGNS

8.1.1.    Company overview
8.1.2.    Company snapshot
8.1.3.    Product portfolio

8.2.    AWNING COMPANY OF AMERICA, INC.

8.2.1.    Company overview
8.2.2.    Company snapshot
8.2.3.    Product portfolio

8.3.    CARROLL AWNING CO., INC.

8.3.1.    Company overview
8.3.2.    Company snapshot
8.3.3.    Product portfolio

8.4.    EIDE INDUSTRIES, INC.

8.4.1.    Company overview
8.4.2.    Company snapshot
8.4.3.    Operating business segments

8.5.    KE DURASOL AWNINGS INC.

8.5.1.    Company overview
8.5.2.    Company snapshot
8.5.3.    Operating business segments

8.6.    NUIMAGE AWNINGS

8.6.1.    Company overview
8.6.2.    Company snapshot
8.6.3.    Operating business segments
8.7.    SUNAIR AWNINGS
8.7.1.    Company overview
8.7.2.    Company snapshot
8.7.3.    Operating business segments

8.8.    SUNESTA

8.8.1.    Company overview
8.8.2.    Company snapshot
8.8.3.    Product portfolio

8.9.    SUNSETTER PRODUCTS LP

8.9.1.    Company overview
8.9.2.    Company snapshot
8.9.3.    Product portfolio

8.10.    MARYGROVE AWNINGS

8.10.1.    Company overview
8.10.2.    Company snapshot
8.10.3.    Product portfolio

LIST OF TABLES

TABLE 01.    GLOBAL AWNING MARKET REVENUE, BY TYPE, 2017-2025 ($MILLION)
TABLE 02.    GLOBAL AWNING MARKET REVENUE, BY RETRACTABLE AWNING MECHANISM, 2017-2025 ($MILLION)
TABLE 03.    AWNING MARKET, FOR FIXED AWNING, BY REGION, 2017-2025 ($MILLION)
TABLE 04.    AWNING MARKET REVENUE, FOR RETRACTABLE AWNING, BY REGION, 2017-2025 ($MILLION)
TABLE 05.    AWNING MARKET REVENUE, BY RETRACTABLE AWNING MECHANISM, 2017-2025 ($MILLION)
TABLE 06.    GLOBAL AWNING MARKET REVENUE, BY PRODUCT, 2017-2025 ($MILLION)
TABLE 07.    AWNING MARKET REVENUE, FOR PATIO, BY REGION, 2017-2025 ($MILLION)
TABLE 08.    AWNING MARKET REVENUE, FOR WINDOW, BY REGION, 2017-2025 ($MILLION)
TABLE 09.    AWNING MARKET REVENUE, FOR FREESTANDING, BY REGION, 2017-2025 ($MILLION)
TABLE 10.    AWNING MARKET REVENUE, FOR OTHERS, BY REGION, 2017-2025 ($MILLION)
TABLE 11.    GLOBAL AWNING MARKET REVENUE, BY INDUSTRY, 2017-2025 ($MILLION)
TABLE 12.    AWNING MARKET, FOR CONNERCIAL, BY REGION, 2017-2025 ($MILLION)
TABLE 13.    AWNING MARKET REVENUE, FOR RESIDENTIAL, BY REGION, 2017-2025 ($MILLION)
TABLE 14.    GLOBAL AWNING MARKET, BY REGION, 2017–2025 ($MILLION)
TABLE 15.    NORTH AMERICA AWNING MARKET, BY TYPE, 2017–2025 ($MILLION)
TABLE 16.    NORTH AMERICA AWNING MARKET, BY PRODUCT, 2017–2025 ($MILLION)
TABLE 17.    NORTH AMERICA AWNING MARKET, BY INDUSTRY, 2017–2025 ($MILLION)
TABLE 18.    NORTH AMERICA AWNING MARKET, BY COUNTRY, 2017–2025 ($MILLION)
TABLE 19.    U.S. AWNING MARKET, BY TYPE, 2017–2025 ($MILLION)
TABLE 20.    U.S. AWNING MARKET, BY PRODUCT, 2017–2025 ($MILLION)
TABLE 21.    U.S. AWNING MARKET, BY INDUSTRY, 2017–2025 ($MILLION)
TABLE 22.    CANADA AWNING MARKET, BY TYPE, 2017–2025 ($MILLION)
TABLE 23.    CANADA AWNING MARKET, BY PRODUCT, 2017–2025 ($MILLION)
TABLE 24.    CANADA AWNING MARKET, BY INDUSTRY, 2017–2025 ($MILLION)
TABLE 25.    MEXICO AWNING MARKET, BY TYPE, 2017–2025 ($MILLION)
TABLE 26.    MEXICO AWNING MARKET, BY PRODUCT, 2017–2025 ($MILLION)
TABLE 27.    MEXICO AWNING MARKET, BY INDUSTRY, 2017–2025 ($MILLION)
TABLE 28.    EUROPE AWNING MARKET, BY TYPE, 2017–2025 ($MILLION)
TABLE 29.    EUROPE AWNING MARKET, BY PRODUCT, 2017–2025 ($MILLION)
TABLE 30.    EUROPE AWNING MARKET, BY INDUSTRY, 2017–2025 ($MILLION)
TABLE 31.    EUROPE AWNING MARKET, BY COUNTRY, 2017–2025 ($MILLION)
TABLE 32.    GERMANY AWNING MARKET, BY TYPE, 2017–2025 ($MILLION)
TABLE 33.    GERMANY AWNING MARKET, BY PRODUCT, 2017–2025 ($MILLION)
TABLE 34.    GERMANY AWNING MARKET, BY INDUSTRY, 2017–2025 ($MILLION)
TABLE 35.    UK AWNING MARKET, BY TYPE, 2017–2025 ($MILLION)
TABLE 36.    UK AWNING MARKET, BY PRODUCT, 2017–2025 ($MILLION)
TABLE 37.    UK AWNING MARKET, BY INDUSTRY, 2017–2025 ($MILLION)
TABLE 38.    FRANCE AWNING MARKET, BY TYPE, 2017–2025 ($MILLION)
TABLE 39.    FRANCE AWNING MARKET, BY PRODUCT, 2017–2025 ($MILLION)
TABLE 40.    FRANCE AWNING MARKET, BY INDUSTRY, 2017–2025 ($MILLION)
TABLE 41.    ITALY AWNING MARKET, BY TYPE, 2017–2025 ($MILLION)
TABLE 42.    ITALY AWNING MARKET, BY PRODUCT, 2017–2025 ($MILLION)
TABLE 43.    ITALY AWNING MARKET, BY INDUSTRY, 2017–2025 ($MILLION)
TABLE 44.    REST OF EUROPE AWNING MARKET, BY TYPE, 2017–2025 ($MILLION)
TABLE 45.    REST OF EUROPE AWNING MARKET, BY PRODUCT, 2017–2025 ($MILLION)
TABLE 46.    REST OF EUROPE AWNING MARKET, BY INDUSTRY, 2017–2025 ($MILLION)
TABLE 47.    ASIA-PACIFIC AWNING MARKET, BY TYPE, 2017–2025 ($MILLION)
TABLE 48.    ASIA-PACIFIC AWNING MARKET, BY PRODUCT, 2017–2025 ($MILLION)
TABLE 49.    ASIA-PACIFIC AWNING MARKET, BY INDUSTRY, 2017–2025 ($MILLION)
TABLE 50.    ASIA-PACIFIC AWNING MARKET, BY COUNTRY, 2017–2025 ($MILLION)
TABLE 51.    CHINA AWNING MARKET, BY TYPE, 2017–2025 ($MILLION)
TABLE 52.    CHINA AWNING MARKET, BY PRODUCT, 2017–2025 ($MILLION)
TABLE 53.    CHINA AWNING MARKET, BY INDUSTRY, 2017–2025 ($MILLION)
TABLE 54.    JAPAN AWNING MARKET, BY TYPE, 2017–2025 ($MILLION)
TABLE 55.    JAPAN AWNING MARKET, BY PRODUCT, 2017–2025 ($MILLION)
TABLE 56.    JAPAN AWNING MARKET, BY INDUSTRY, 2017–2025 ($MILLION)
TABLE 57.    INDIA AWNING MARKET, BY TYPE, 2017–2025 ($MILLION)
TABLE 58.    INDIA AWNING MARKET, BY PRODUCT, 2017–2025 ($MILLION)
TABLE 59.    INDIA AWNING MARKET, BY INDUSTRY, 2017–2025 ($MILLION)
TABLE 60.    REST OF ASIA-PACIFIC AWNING MARKET, BY TYPE, 2017–2025 ($MILLION)
TABLE 61.    REST OF ASIA-PACIFIC AWNING MARKET, BY PRODUCT, 2017–2025 ($MILLION)
TABLE 62.    REST OF ASIA-PACIFIC AWNING MARKET, BY INDUSTRY, 2017–2025 ($MILLION)
TABLE 63.    LAMEA AWNING MARKET, BY TYPE, 2017–2025 ($MILLION)
TABLE 64.    LAMEA AWNING MARKET, BY PRODUCT, 2017–2025 ($MILLION)
TABLE 65.    LAMEA AWNING MARKET, BY INDUSTRY, 2017–2025 ($MILLION)
TABLE 66.    LAMEA AWNINGS MARKET, BY COUNTRY, 2017–2025 ($MILLION)
TABLE 67.    LATIN AMERICA AWNING MARKET, BY TYPE, 2017–2025 ($MILLION)
TABLE 68.    LATIN AMERICA AWNING MARKET, BY PRODUCT, 2017–2025 ($MILLION)
TABLE 69.    LATIN AMERICA AWNING MARKET, BY INDUSTRY, 2017–2025 ($MILLION)
TABLE 70.    MIDDLE EAST AND AFRICA AWNING MARKET, BY TYPE, 2017–2025 ($MILLION)
TABLE 71.    MIDDLE EAST AND AFRICA AWNING MARKET, BY PRODUCT, 2017–2025 ($MILLION)
TABLE 72.    MIDDLE EAST AND AFRICA AWNING MARKET, BY INDUSTRY, 2017–2025 ($MILLION)
TABLE 73.    ADVANCED DESIGN AWNINGS & SIGNS: COMPANY SNAPSHOT
TABLE 74.    ADVANCED DESIGN AWNINGS & SIGNS: PRODUCT PORTFOLIO
TABLE 75.    AWNING COMPANY OF AMERICA, INC.: COMPANY SNAPSHOT
TABLE 76.    AWNING COMPANY OF AMERICA, INC.: PRODUCT PORTFOLIO
TABLE 77.    CARROLL AWNING CO., INC.: COMPANY SNAPSHOT
TABLE 78.    CARROLL AWNING CO., INC.: PRODUCT PORTFOLIO
TABLE 79.    EIDE INDUSTRIES, INC: COMPANY SNAPSHOT
TABLE 80.    EIDE INDUSTRIES, INC: PRODUCT CATEGORIES
TABLE 81.    KE DURASOL AWNINGS INC.: COMPANY SNAPSHOT
TABLE 82.    KE DURASOL AWNINGS INC.: PRODUCT CATEGORIES
TABLE 83.    NUIMAGE AWNINGS: COMPANY SNAPSHOT
TABLE 84.    NUIMAGE AWNINGS: OPERATING SEGMENTS
TABLE 85.    SUNAIR AWNINGS: COMPANY SNAPSHOT
TABLE 86.    SUNAIR AWNINGS: PRODUCT CATEGORY
TABLE 87.    SUNESTA: COMPANY SNAPSHOT
TABLE 88.    SUNESTA: PRODUCT PORTFOLIO
TABLE 89.    SUNSETTER PRODUCTS LP: COMPANY SNAPSHOT
TABLE 90.    SUNSETTER PRODUCTS LP: PRODUCT PORTFOLIO
TABLE 91.    MARYGROVE AWNINGS: COMPANY SNAPSHOT
TABLE 92.    MARYGROVE AWNINGS: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01.    GLOBAL AWNING MARKET, 2017-2025
FIGURE 02.    GLOBAL AWNING MARKET, BY COUNTRY, 2017-2025
FIGURE 03.    GLOBAL AWNING MARKET: KEY PLAYERS
FIGURE 04.    MODERATE-TO-HIGH BARGAINING POWER OF SUPPLIERS
FIGURE 05.    MODERATE-TO-HIGH BARGAINING POWER OF BUYERS
FIGURE 06.    MODERATE THREAT OF SUBSTITUTES
FIGURE 07.    LOW-TO-MODERATE THREAT OF NEW ENTRANTS
FIGURE 08.    MODERATE-TO-HIGH COMPETITIVE RIVALRY
FIGURE 09.    DRIVERS, RESTRAINTS: GLOBAL AWNING MARKET
FIGURE 10.    GLOBAL AWNING MARKET REVENUE, FOR FIXED AWNING, BY COUNTRY, 2017–2025 ($MILLION)
FIGURE 11.    GLOBAL AWNING MARKET REVENUE, FOR RETRACTABLE AWNING, BY COUNTRY, 2017–2025 ($MILLION)
FIGURE 12.    GLOBAL AWNING MARKET REVENUE, FOR PATIO, BY COUNTRY, 2017–2025 ($MILLION)
FIGURE 13.    GLOBAL AWNING MARKET REVENUE, FOR WINDOW, BY COUNTRY, 2017–2025 ($MILLION)
FIGURE 14.    GLOBAL AWNING MARKET REVENUE, FOR FREESTANDING, BY COUNTRY, 2017–2025 ($MILLION)
FIGURE 15.    GLOBAL AWNING MARKET REVENUE, FOR OTHERS, BY COUNTRY, 2017–2025 ($MILLION)
FIGURE 16.    GLOBAL AWNING MARKET REVENUE, FOR COMMERCIAL, BY COUNTRY, 2017–2025 ($MILLION)
FIGURE 17.    GLOBAL AWNING MARKET REVENUE, FOR RESIDENTIAL, BY COUNTRY, 2017–2025 ($MILLION)
FIGURE 18.    GLOBAL AWNING MARKET, BY REGION SNAPSHOT
FIGURE 19.    U.S. AWNING MARKET, 2017-2025 ($MILLION)
FIGURE 20.    CANADA AWNING MARKET, 2017-2025 ($MILLION)
FIGURE 21.    MEXICO AWNING MARKET, 2017-2025 ($MILLION)
FIGURE 22.    GERMANY AWNING MARKET, 2017-2025 ($MILLION)
FIGURE 23.    UK AWNING MARKET, 2017-2025 ($MILLION)
FIGURE 24.    FRANCE AWNING MARKET, 2017-2025 ($MILLION)
FIGURE 25.    ITALY AWNING MARKET, 2017-2025 ($MILLION)
FIGURE 26.    REST OF EUROPE AWNING MARKET, 2017-2025 ($MILLION)
FIGURE 27.    CHINA AWNING MARKET, 2017-2025 ($MILLION)
FIGURE 28.    JAPAN AWNING MARKET, 2017-2025 ($MILLION)
FIGURE 29.    INDIA AWNING MARKET, 2017-2025 ($MILLION)
FIGURE 30.    REST OF ASIA-PACIFIC AWNING MARKET, 2017-2025 ($MILLION)
FIGURE 31.    LATIN AMERICA AWNING MARKET, 2017-2025 ($MILLION)
FIGURE 32.    MIDDLE EAST AND AFRICA AWNING MARKET, 2017-2025 ($MILLION)

 

 

Awnings are devices that offer shade over windows, doors, decks, patios, and walkways. They are a reliable and convenient solution that help expand and make good use of the outdoor spaces. These awnings have been popular since 50 B.C. and were commonly used on American storefronts during the first half of the 19th century. Awnings have changed little over the years; however, introduction of retractable awning has garnered attention of customers. The market has evolved with the availability of various sheathing options such as fabric, plastic, plywood, and glass. Moreover, one can choose from steel, aluminum iron, and wooden frames for awnings. Furthermore, the demand for awnings has increased in commercial and residential sectors, owing to expanded living space and sun protection.

Nowadays, retractable awnings can be equipped with devices that are able to sense weather changes. For instance, they can automatically provide shade during a sunny day and retract when it begins to get windy or snowy. This innovation in awnings helps boost the growth of the awning market. Moreover, construction of luxury homes, hotels, and other commercial spaces fuels the demand for awnings globally. Furthermore, freestanding awnings are in great demand owing to their use in outdoor seating, for covering the pool and external restaurant space. Ongoing innovation activities to develop full-cassette awning, and motorized retractable awning further propel the growth of the industry.

Emerging economies such as China, Japan, and Middle East and Africa have experienced significant rise in demand for both fixed and retractable awning with increase in applications in residential and commercial sectors. Increase in demand for car parking, poolside, garden, restaurants, hotels, patio, stadium, open theater, and other outdoor areas boosts the growth of the awning market, especially in India. Furthermore, less expensive awning options as compared to concrete shade has accelerated the market growth in developing areas of Africa and Latin America. In addition, emerging economies, such as India, are expected to provide major growth opportunities in commercial and residential sectors.

 

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