Canopy Market: Global Opportunity Analysis and Industry Forecast, 2020–2027
A09005 | Pages: NA | Dec 2020 | 21 Views | | |
Author(s) : NA | Tables: NA | Charts: NA | Formats*: | |
COVID-19
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Canopy Market: Global Opportunity Analysis and Industry Forecast, 2020–2027
Request Now !Canopy Market Analysis 2020-2027:
A canopy is an overhead roof or a structure over which a metal covering or fabric is attached to provide shelter or shade from various weather conditions such as hail, sun, snow, and rain. Canopy can also be a tent normally without a floor. Canopies are available as shade canopies, event or large canopies, garden canopies, and portable garage canopies. Furthermore, a canopy can be designed and manufactured using different materials, including a variety of fabrics, metals, glass, and wood. They provide resolutions to protect an area, keeping areas dry and safe, and can widen the living or working space in a building. The canopy layer provides protection from strong winds and storms, also intercepting sunlight and rainfall.
Market scope and structure analysis
Report Metric | Details |
Market size available for years | 2019–2027 |
Base year considered | 2019 |
Forecast period | 2020–2027 |
Forecast units | Value (USD Million) and Volume (Ton) |
Segments covered | Type, Application, End-use Industry, and Region |
Regions covered | North America (U.S. and Canada), Europe (Germany, UK, France, and the Rest of Europe), Asia-Pacific (China, Japan, India, and the Rest of Asia-Pacific), Latin America (Brazil, Mexico, and the Rest of LATAM), and the Middle East & Africa |
Companies covered | Eide Industries, Impact Canopy, Shade Structures, Advanced Design Awnings & Signs, Shade Structures, Sunair Awnings, JAY Enterprise, Lawrence Fabric & Metal Structures, Canopies UK, and KD Kanopy
|
COVID-19 impact analysis
- The COVID-19 pandemic has had a significant impact on tourism industry due to the resulting travel restriction as well as decline in demand among travelers. The tourism industry has been massively affected by the spread of coronavirus, as many countries have imposed travel restrictions in an attempt to halt its spread.
- The business community is afraid on account of cash crunch, supply chain disruptions, and manpower-related issues.
- The metal industry has been mostly affected due to COVID-19 outbreak. Construction, transport, and metal industries are likely to be affected by the coronavirus pandemic.
- Owing to the lockdown implemented across various countries, national and international transport have been hampered, which has significantly impacted the supply chain of numerous industries across the globe, thereby increasing the supply–demand gap.
- Thus, insufficiency in raw material supply is expected to hamper the production rate of canopy, which negatively impact the market growth.
Top impacting factors: market scenario analysis, trends, drivers, and impact analysis
Increase in demand for canopy in commercial and residential sectors is expected to complement the growth of the market. Furthermore, rise in installation of canopies in residential areas and above various commercial buildings for protection from heat, wind, and precipitation is another factor that drives the market growth. Polytetrafluoroethylene (PTFE) canopies are widely used due to superior weather-resistant characteristics, thermal stability, and high durability.
The demand for canopies is further boosted by expanded living spaces in urban areas, which makes this a possibility. In addition, rise in demand for car canopy as a recreational shade and outdoor car storage contributes toward the market growth. As housing space is decreasing significantly, it is important to provide shelter to the car with a canopy.
Canopy is witnessing increased adoption among consumers, owing to factors such as its flexibility, capability of optimizing space usage, easy installation, and cost-effective. Increase in consumer disposable income generates fuels the need for home renovation, which is expected to be one of the driving factors of the global canopy market.
However, extreme weather conditions are expected to destroy the canopy. Moreover, continuous cleaning is required for canopies to prevent the chances of becoming mildew and mold prone. These factors are expected to hamper the growth of the global canopy market.
Surge in usage of canopy and industrial applications
The global canopy market by region is segmented into North America, Europe, Asia-Pacific, and LAMEA. Rapid development of the residential sector in the North American and European regions is increasing popularity of inside-outside living, which is likely to boost the demand for canopies. Furthermore, increase in trend for beautification of living space accessible by canopies is expected to boost the market growth.
On the basis of application, the canopy market is categorized into event or large canopy and shade canopy segment. Among all, the shade canopy is used widely due to extensive use in residential areas and commercial areas globally. Increased outdoor space for seating and recreational purposes, owing to the installation of canopies in nearby residential and nonresidential buildings is expected to drive the product demand.
Key segments covered
Segment | Subsegment |
Type |
|
Application |
|
End-use Industry |
|
Key benefits of the report
- This study presents the analytical depiction of the global canopy market along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global canopy market share.
- The current market is quantitatively analyzed from 2020 to 2027 to highlight the market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides detailed market analysis depending on competitive intensity and how the competition will take shape in coming years.
Questions answered in the global canopy market research report:
- Which are the leading players active in the global canopy market?
- What are the upcoming trends in the global canopy market?
- What are the driving factors, restraints, and opportunities of the market?
- What are the projections for the future that would help in taking further strategic steps?
We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:
- Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
- Technologically sophisticated and reliable insights through well audited and veracious research methodology
- Sovereign research proceeds that present a tangible depiction of marketplace
With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.
Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, web-casts and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast
Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develops analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth and forecasts
Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:
- Chief executives and VPs of leading corporations specific to industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)
Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
Access from any device, anywhere
Clients can easily download both quantitative as well as
qualitative reports in PDF and excel formats.
REQUEST TOC/SAMPLE
Purchase Full Report of
Canopy Market: Global Opportunity Analysis and Industry Forecast, 2020–2027
- Online Only
-
$3,456$3,110 - Online cloud access only
- Restricted print, copy, paste & download
- Read only
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Data Pack
-
$3,840$3,456 - Restricted to one authorized user
- One print only
- Available in
Excel - Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Single User
-
$5,769$5,192 - Restricted to one authorized user
- One print only
- Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Five Users
-
$6,450$5,805 - Limited to five authorized users
- Print upto five copies
- Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
-
Enterprise
License/PDF -
$8,995$8,096 - Unlimited
within
company/enterprise - Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Library Membership
- $ 699/mo
- Published Content
E-access - Company Profiles
E-access - Newly Added Content Access
- 10 PDF
Downloads - 5 Excel Data
Pack Downloads - 250 Company Profiles PDF Downloads
-
Start reading.
Buy Now
This title and over 12,000+ are available on the Avenue Library. T&C*.
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
Why Allied Market Research?
Infallible Methodology
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
Analyst Support
For complete satisfaction
Customization
On-demand customization of scope of the report to exactly meet your needs
TARGETED MARKET VIEW
Targeted market view to provide pertinent information and save time of readers
Featured Reports
Get fresh content delivered
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.
Why Allied Market Research?
Infallible Methodology
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
Analyst Support
For complete satisfaction
Customization
On-demand customization of scope of the report to exactly meet your needs
TARGETED MARKET VIEW
Targeted market view to provide pertinent information and save time of readers