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Awning Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The global awning market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 5% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

The awning is an architectural fabric used for weather protection and decoration purposes. It consists of a lightweight frame structure manufactured using aluminum, wood and iron, and attached with a hood and cover. It is commonly available in the sun, vertical, foldable and retractable variants. They are used over doors, windows, patios and gardens to improve the architectural design and coloring and are commonly available in a wide variety of fabrics, colors, patterns and sizes. Awnings are produced using cotton, wood, canvas and metallic materials to minimize exposure to ultraviolet (UV) rays, prevent carpets and furniture from fading and extend outdoor spaces. As a result, they are widely used across various residential, commercial and industrial complexes, such as retail outlets, hotels, restaurants, sports arenas and theaters.

Awning Market Trends:

Significant growth in the construction industry across the globe is one of the key factors creating a positive outlook for the market. Moreover, the increasing consumer preference toward expanded living space and beautification of luxurious buildings is providing a thrust to the market growth. Aluminum awnings are widely used as protective coverings as they are highly cost-effective, flexible, durable, energy-efficient and require low maintenance. Additionally, various product innovations, such as the integration of smart sensors to automatically retract the structure in storms and excessive rains, are acting as other growth-inducing factors. In line with this, the widespread adoption of adjustable motorized awnings with recyclable and sustainable fabric materials is also contributing to the market growth. Other factors, including the rising expenditure capacities of the consumers, along with extensive infrastructural development activities, especially in the emerging economies, are anticipated to drive the market toward growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global awning market, along with forecasts at the global, regional and country level from 2021-2026. Our report has categorized the market based on type, product and end user.

Breakup by Type:

  • Fixed Awning
  • Retractable Awning
    • Manual
    • Motorized
       

Breakup by Product:

  • Patio
  • Window
  • Freestanding
  • Others
     

Breakup by End User:

  • Commercial
  • Residential
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Advanced Design Awnings & Signs, Awning Company of America Inc, Carroll Architectural Shade, Eide Industries Inc., KE Durasol Awnings Inc., Marygrove Awnings, NuImage Awnings, Sunair Awnings, Sunesta, SunSetter Products and Thompson Awning.

Report Coverages:

Report Features Details
Base Year of the Analysis 2020
    Historical Period 2015-2020
Forecast Period 2021-2026
Units US$ Billion
Segment Coverage Type, Product, End User, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Advanced Design Awnings & Signs, Awning Company of America Inc, Carroll Architectural Shade, Eide Industries Inc., KE Durasol Awnings Inc., Marygrove Awnings, NuImage Awnings, Sunair Awnings, Sunesta, SunSetter Products and Thompson Awning.
Customization Scope 10% Free Customization
Report Price and Purchase Option                                     Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global awning market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global awning market?
  • What are the key regional markets?
  • What is the breakup of the market based on the type?
  • What is the breakup of the market based on the product?
  • What is the breakup of the market based on the end user?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global awning market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Awning Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Type
    6.1    Fixed Awning
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Retractable Awning
        6.2.1 Market Trends
        6.2.2 Key Segments
           6.2.2.1 Manual
           6.2.2.2 Motorized
        6.2.3 Market Forecast
7    Market Breakup by Product
    7.1    Patio
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Window
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Freestanding
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Others
        7.4.1 Market Trends
        7.4.2 Market Forecast
8    Market Breakup by End User
    8.1    Commercial
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Residential
        8.2.1 Market Trends
        8.2.2 Market Forecast
9    Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia-Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis

    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Analysis
14    Competitive Landscape

    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    Advanced Design Awnings & Signs
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio
        14.3.2    Awning Company of America Inc
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio
        14.3.3    Carroll Architectural Shade
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio
        14.3.4    Eide Industries Inc.
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio
        14.3.5    KE Durasol Awnings Inc.
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio
        14.3.6    Marygrove Awnings
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio
        14.3.7    NuImage Awnings
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio
        14.3.8    Sunair Awnings
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio
        14.3.9    Sunesta
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio
        14.3.10    SunSetter Products
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio
        14.3.11    Thompson Awning
           14.3.11.1 Company Overview
           14.3.11.2 Product Portfolio

List of Figures

Figure 1: Global: Awning Market: Major Drivers and Challenges
Figure 2: Global: Awning Market: Sales Value (in Billion US$), 2015-2020
Figure 3: Global: Awning Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 4: Global: Awning Market: Breakup by Type (in %), 2020
Figure 5: Global: Awning Market: Breakup by Product (in %), 2020
Figure 6: Global: Awning Market: Breakup by End User (in %), 2020
Figure 7: Global: Awning Market: Breakup by Region (in %), 2020
Figure 8: Global: Awning (Fixed Awning) Market: Sales Value (in Million US$), 2015 & 2020
Figure 9: Global: Awning (Fixed Awning) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 10: Global: Awning (Retractable Awning) Market: Sales Value (in Million US$), 2015 & 2020
Figure 11: Global: Awning (Retractable Awning) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 12: Global: Awning (Patio) Market: Sales Value (in Million US$), 2015 & 2020
Figure 13: Global: Awning (Patio) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 14: Global: Awning (Window) Market: Sales Value (in Million US$), 2015 & 2020
Figure 15: Global: Awning (Window) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 16: Global: Awning (Freestanding) Market: Sales Value (in Million US$), 2015 & 2020
Figure 17: Global: Awning (Freestanding) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 18: Global: Awning (Other Products) Market: Sales Value (in Million US$), 2015 & 2020
Figure 19: Global: Awning (Other Products) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 20: Global: Awning (Commercial) Market: Sales Value (in Million US$), 2015 & 2020
Figure 21: Global: Awning (Commercial) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 22: Global: Awning (Residential) Market: Sales Value (in Million US$), 2015 & 2020
Figure 23: Global: Awning (Residential) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 24: North America: Awning Market: Sales Value (in Million US$), 2015 & 2020
Figure 25: North America: Awning Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 26: United States: Awning Market: Sales Value (in Million US$), 2015 & 2020
Figure 27: United States: Awning Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 28: Canada: Awning Market: Sales Value (in Million US$), 2015 & 2020
Figure 29: Canada: Awning Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 30: Asia-Pacific: Awning Market: Sales Value (in Million US$), 2015 & 2020
Figure 31: Asia-Pacific: Awning Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 32: China: Awning Market: Sales Value (in Million US$), 2015 & 2020
Figure 33: China: Awning Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 34: Japan: Awning Market: Sales Value (in Million US$), 2015 & 2020
Figure 35: Japan: Awning Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 36: India: Awning Market: Sales Value (in Million US$), 2015 & 2020
Figure 37: India: Awning Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 38: South Korea: Awning Market: Sales Value (in Million US$), 2015 & 2020
Figure 39: South Korea: Awning Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 40: Australia: Awning Market: Sales Value (in Million US$), 2015 & 2020
Figure 41: Australia: Awning Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 42: Indonesia: Awning Market: Sales Value (in Million US$), 2015 & 2020
Figure 43: Indonesia: Awning Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 44: Others: Awning Market: Sales Value (in Million US$), 2015 & 2020
Figure 45: Others: Awning Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 46: Europe: Awning Market: Sales Value (in Million US$), 2015 & 2020
Figure 47: Europe: Awning Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 48: Germany: Awning Market: Sales Value (in Million US$), 2015 & 2020
Figure 49: Germany: Awning Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 50: France: Awning Market: Sales Value (in Million US$), 2015 & 2020
Figure 51: France: Awning Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 52: United Kingdom: Awning Market: Sales Value (in Million US$), 2015 & 2020
Figure 53: United Kingdom: Awning Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 54: Italy: Awning Market: Sales Value (in Million US$), 2015 & 2020
Figure 55: Italy: Awning Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 56: Spain: Awning Market: Sales Value (in Million US$), 2015 & 2020
Figure 57: Spain: Awning Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 58: Russia: Awning Market: Sales Value (in Million US$), 2015 & 2020
Figure 59: Russia: Awning Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 60: Others: Awning Market: Sales Value (in Million US$), 2015 & 2020
Figure 61: Others: Awning Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 62: Latin America: Awning Market: Sales Value (in Million US$), 2015 & 2020
Figure 63: Latin America: Awning Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 64: Brazil: Awning Market: Sales Value (in Million US$), 2015 & 2020
Figure 65: Brazil: Awning Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 66: Mexico: Awning Market: Sales Value (in Million US$), 2015 & 2020
Figure 67: Mexico: Awning Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 68: Others: Awning Market: Sales Value (in Million US$), 2015 & 2020
Figure 69: Others: Awning Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 70: Middle East and Africa: Awning Market: Sales Value (in Million US$), 2015 & 2020
Figure 71: Middle East and Africa: Awning Market: Breakup by Country (in %), 2020
Figure 72: Middle East and Africa: Awning Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 73: Global: Awning Industry: SWOT Analysis
Figure 74: Global: Awning Industry: Value Chain Analysis
Figure 75: Global: Awning Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Awning Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Awning Market Forecast: Breakup by Type (in Million US$), 2021-2026
Table 3: Global: Awning Market Forecast: Breakup by Product (in Million US$), 2021-2026
Table 4: Global: Awning Market Forecast: Breakup by End User (in Million US$), 2021-2026
Table 5: Global: Awning Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 6: Global: Awning Market: Competitive Structure
Table 7: Global: Awning Market: Key Players

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