Market Overview:
The global awning market size reached US$
8.4 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$
12.3 Billion by 2027, exhibiting a growth rate (CAGR) of
6.37% during 2022-2027. 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 report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, product and end user.
Breakup by Type:
- Fixed Awning
- Retractable Awning
Breakup by Product:
- Patio
- Window
- Freestanding
- Others
Breakup by End User:
Breakup by Region:
- North America
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- 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 Coverage:
| Report Features |
Details |
|---|
| Base Year of the Analysis |
2021 |
| Historical Period |
2016-2021 |
| Forecast Period |
2022-2027 |
| 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$ 2499
Five User License: US$ 3499
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$), 2016-2021
Figure 3: Global: Awning Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Awning Market: Breakup by Type (in %), 2021
Figure 5: Global: Awning Market: Breakup by Product (in %), 2021
Figure 6: Global: Awning Market: Breakup by End User (in %), 2021
Figure 7: Global: Awning Market: Breakup by Region (in %), 2021
Figure 8: Global: Awning (Fixed Awning) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Awning (Fixed Awning) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Awning (Retractable Awning) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Awning (Retractable Awning) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Awning (Patio) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Awning (Patio) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Awning (Window) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Awning (Window) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Awning (Freestanding) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Awning (Freestanding) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Awning (Other Products) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Awning (Other Products) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Awning (Commercial) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Awning (Commercial) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Awning (Residential) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Awning (Residential) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: North America: Awning Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: North America: Awning Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: United States: Awning Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: United States: Awning Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Canada: Awning Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Canada: Awning Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Asia-Pacific: Awning Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Asia-Pacific: Awning Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: China: Awning Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: China: Awning Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Japan: Awning Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Japan: Awning Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: India: Awning Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: India: Awning Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: South Korea: Awning Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: South Korea: Awning Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Australia: Awning Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Australia: Awning Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Indonesia: Awning Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Indonesia: Awning Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Others: Awning Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Others: Awning Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Europe: Awning Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Europe: Awning Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Germany: Awning Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Germany: Awning Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: France: Awning Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: France: Awning Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: United Kingdom: Awning Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: United Kingdom: Awning Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Italy: Awning Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Italy: Awning Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Spain: Awning Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Spain: Awning Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Russia: Awning Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Russia: Awning Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Others: Awning Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Others: Awning Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Latin America: Awning Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Latin America: Awning Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Brazil: Awning Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Brazil: Awning Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Mexico: Awning Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Mexico: Awning Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Others: Awning Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Others: Awning Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Middle East and Africa: Awning Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Middle East and Africa: Awning Market: Breakup by Country (in %), 2021
Figure 72: Middle East and Africa: Awning Market Forecast: Sales Value (in Million US$), 2022-2027
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, 2021 and 2027
Table 2: Global: Awning Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 3: Global: Awning Market Forecast: Breakup by Product (in Million US$), 2022-2027
Table 4: Global: Awning Market Forecast: Breakup by End User (in Million US$), 2022-2027
Table 5: Global: Awning Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Awning Market: Competitive Structure
Table 7: Global: Awning Market: Key Players