Global Awning Market: Industry Analysis and Forecast (2021-2027) by Type, Product, Industry, and Region

Global Awning Market size was valued at US$ 7.80 Bn. in 2020 and the total revenue is expected to grow at a CAGR of 6.1% through 2021 to 2027, reaching nearly US$ 11.81 Bn. Global Awning Market To know about the Research Methodology :- Request Free Sample Report

Global Awning Market Overview:

The Global Awning market was valued at US $7.80 Bn. in 2020, and it is expected to reach US $11.81 Bn. by 2027 with a CAGR of 6.1% during the forecast period. Awnings are sheets of fabric or other materials that are supported with a structure made of aluminium, iron, or wood. They have many applications, which show beneficial in both, the commercial plus residential sectors. They enhance style to homes by improving the architectural design and coloring. Though market forecasting through 2027 is based on real output, demand and supply of 2020, 2020 numbers are also estimated on real numbers published by key players as well all important players across the world. Market forecasting till 2027 is done based on past data from 2016 to 2019 with the impact of global lock down on the market in 2020 and 2021.

Global Awning Market Dynamics:

The global awnings market is expected to witness significant growth because of increasing use in the residential and commercial sectors. Rising demand in shops, houses, and hotels, due to toughness and the unique design is expected to force market growth over the estimated period. Moreover, rising demand for aluminum awnings in many applications with commercial windows, decorative, doors, and other residential will drive demand growth of the awnings market. Furthermore, as it helps as a protective coating its need will swell over the forthcoming years. In addition, fabrics and sheets that are available in different colors and patterns deliver various opportunities to customers. Luxaflex offers adjustable products made entirely of aluminium with sun and shade opening vanes. GS World has a large selection of window products to protect your windows from the elements, heat, and sunlight. These products come in a wide range of styles and colours. Straight drop canvas and system 2000 pivot arm awnings, rope and pulley blinds, fixed canopies, spring loaded automated and convertible awnings are also available from the company. These are the key major factor that drives the growth in the global market during the forecast period 2021-2027. Variable harsh weather conditions hamper the growth of the awning market, particularly in regions that are prone to heavy snowfall & rainfall. Smart awnings with sensors to retract the structure in stormy or rainy weather are expected to boost the growth of the global awning market.

Global Awning Market Segment Analysis:

Based on the Type, the market is segmented into Fixed, and Retractable. Retractable segment is expected to grow rapidly at a CAGR of xx% during the forecast period. This is due to its unique motorized technique and increase in its demand across high-end commercial and residential sectors. Solid demand for retractable types due to their protection from harmful sun rays is expected to boost market growth. Furthermore, as the need for high-quality retractable type grows to prevent heat gain, glare, and interior fading, the market will grow. These are the key major factor that drives the growth of this segment in the global market during the forecast period 2021-2027. Based on the Product, the market is segmented into Patio, Window, Freestanding, and Others. Patio segment is expected to hold the largest market shares of xx% by 2027. A retractable patio awning with several functions can give the ideal outdoor shade, allowing your family to enjoy the warm weather without having to go indoors. These are the key major factor that drives the growth of the patio segment in the global market during the forecast period 2021-2027. Global Awning MarketWindow segment is expected to grow rapidly at a CAGR of xx% during the forecast period. Awnings for windows increase the value, elegance, and functionality of your house. They allow you to install windows that are higher than many other types of windows. Awnings that are erected high allow for adequate natural light flow and ventilation while also providing maximum privacy for your house. They help you save money on your energy cost while also providing a touch of style and convenience. More wall space is available as a result of higher-placed windows, which can be used for design, furniture, and art placement. Based on the Industry, the market is segmented into Residential, and Commercial. Commercial segment is expected to grow rapidly at a CAGR of xx% during the forecast period. This is due to the increase in commercialization where awnings are used to increase the utilization and improve the visual appeal of outdoor spaces. This is the key major factor that drives the growth of the commercial segment in the global market during the forecast period 2021-2027.

Global Awning Market Regional Insights:

North America dominates the Global Awning market during the forecast period 2021-2027. North America is expected to hold the largest market shares of xx% by 2027. This is due to the extensive use of awnings in the residential sector, North America is a major awnings market with strong growth prospects. Furthermore, the region is expected to increase significantly as the textile sector, particularly in the United States and Canada, grow. These are the key factor that drives the growth of North America region in the global market during the forecast period 2021-2027. Asia Pacific is expected to grow rapidly at a CAGR of xx% during the forecast period. Due to the rise of the construction industry in China, India, Australia, Singapore, Malaysia, Thailand, and Vietnam, Asia Pacific is expected to have huge industry potential. Furthermore, the region's abundance of coated fabric production factories is expected to boost market growth. These are the key drivers that boost the growth of Asia Pacific region in the global market during the forecast period 2021-2027. Global Awning MarketEurope is expected to grow rapidly at a CAGR of xx% during the forecast period. A growing demand for vertical, stationary, cross arm, terrace, window, and pergola awnings is expected in Europe, with Germany, Italy, the Netherlands, Spain, Switzerland, and Austria leading the way. In addition, the region's growing construction industry will boost growth during the forecast period. These are the major drivers that is expected to boost the growth of Europe region in the global market during the forecast period 2021-2027. Middle East and Africa (MEA) and South America are the fastest growing regions in the global awning market during the forecast period. Consumers' rising disposable income in Latin America and the Middle East and Africa is expected to boost the growth in the global market during the forecast period 2021-2027. The objective of the report is to present a comprehensive analysis of the Global Awning Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also helps in understanding the Global Awning Market dynamic, structure by analyzing the market segments and project the Global Awning Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Awning Market make the report investor’s guide.

Global Awning Market Scope: Inquire before buying

Global Awning Market

Global Awning Market, by Region

• North America • Europe • Asia Pacific • South America • Middle East and Africa

Global Awning Market Key Players

Advanced Design Awning & SignAwning Company of AmericaCarroll AwningEide IndustriesKE Durasol • Marygrove Awning • Pure Leaf Naturals • ECOTEAS • Yuyo Drinks Ltd. • Playadito • Santo Pipó • LauroRaatz • Aguantadora • Kraus Yerba Mate • CBSe • Romance • Rosamonte • Selecta • La Virginia • Triunfo • Mate Factor • Wisdom Natural • Guyaki • Amanda • Andresito • Molinos • Canarias • La Tranquera

Frequently Asked Questions:

1] What segments are covered in Awning Market report? Ans. The segments covered in Awning Market report are based on Type, Product, and Industry. 2] Which region is expected to hold the highest share in the Global Awning Market? Ans. North America is expected to hold the highest share in the Global Awning Market. 3] Who are the top key players in the Global Awning Market? Ans. Advanced Design Awning & Sign, Awning Company of America, Carroll Awning, Eide Industries, KE Durasol, and Marygrove Awning are the top key players in the Global Awning Market. 4] Which segment holds the largest market share in the Global Awning market by 2027? Ans. Patio Awning segment hold the largest market share in the Global Awning market by 2027. 5] What is the market size of the Global Awning market by 2027? Ans. The market size of the Global Awning market is US $11.81 Bn. by 2027. 6] What was the market size of the Global Awning market in 2020? Ans. The market size of the Global Awning market was worth US $7.80 Bn. in 2020.

Global Awning Market

1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 1.4. Key Questions Answered 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations Used 2.3. Research Methodology 3. Executive Summary 3.1. Global Awning Market Size, by Market Value (US$ Bn) and Market, by Region 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.3. Drivers and Restraints Snapshot Analysis 4.3.1. Drivers 4.3.2. Restraints 4.3.3. Opportunities 4.3.4. Porter’s Analysis 4.3.5. Value Chain Analysis 4.3.6. SWOT Analysis 4.3.7. Key Trends in Global Awning Market 5. Global Awning Market Analysis and Forecast 5.1. Global Awning Market Analysis and Forecast 5.2. Global Awning Market Size& Y-o-Y Growth Analysis 5.2.1. North America 5.2.2. Europe 5.2.3. Asia Pacific 5.2.4. Middle East & Africa 5.2.5. Latin America 6. Global Awning Market Analysis and Forecast, by Type 6.1. Introduction and Definition 6.2. Key Findings 6.3. Global Awning Market Value Share Analysis, by Type 6.4. Global Awning Market Size (US$ Bn) Forecast, by Type 6.5. Global Awning Market Analysis, by Type 6.6. Global Awning Market Attractiveness Analysis, by Type 7. Global Awning Market Analysis and Forecast, by Industry 7.1. Introduction and Definition 7.2. Global Awning Market Value Share Analysis, by Industry 7.3. Global Awning Market Size (US$ Bn) Forecast, by Industry 7.4. Global Awning Market Analysis, by Industry 7.5. Global Awning Market Attractiveness Analysis, by Industry 8. Global Awning Market Analysis and Forecast, by Product 8.1. Introduction and Definition 8.2. Global Awning Market Value Share Analysis, by Product 8.3. Global Awning Market Size (US$ Bn) Forecast, by Product 8.4. Global Awning Market Analysis, by Product 8.5. Global Awning Market Attractiveness Analysis, by Product 9. Global Awning Market Analysis, by Region 9.1. Global Awning Market Value Share Analysis, by Region 9.2. Global Awning Market Size (US$ Bn) Forecast, by Region 9.3. Global Awning Market Attractiveness Analysis, by Region 10. North America Awning Market Analysis 10.1. Key Findings 10.2. North America Awning Market Overview 10.3. North America Awning Market Value Share Analysis, by Type 10.4. North America Awning Market Forecast, by Type 10.4.1. Fixed 10.4.2. Retractable 10.5. North America Awning Market Value Share Analysis, by Industry 10.6. North America Awning Market Forecast, by Industry 10.6.1. Residential 10.6.2. Commercial 10.7. North America Awning Market Value Share Analysis, by Product 10.8. North America Awning Market Forecast, by Product 10.8.1. Patio 10.8.2. Window 10.8.3. Freestanding 10.8.4. Others 10.9. North America Awning Market Value Share Analysis, by Country 10.10. North America Awning Market Forecast, by Country 10.10.1. U.S. 10.10.2. Canada 10.11. North America Awning Market Analysis, by Country 10.12. U.S. Awning Market Forecast, by Type 10.12.1. Fixed 10.12.2. Retractable 10.13. U.S. Awning Market Forecast, by Industry 10.13.1. Residential 10.13.2. Commercial 10.14. U.S. Awning Market Forecast, by Product 10.14.1. Patio 10.14.2. Window 10.14.3. Freestanding 10.14.4. Others 10.15. Canada Awning Market Forecast, by Type 10.15.1. Fixed 10.15.2. Retractable 10.16. Canada Awning Market Forecast, by Industry 10.16.1. Residential 10.16.2. Commercial 10.17. Canada Awning Market Forecast, by Product 10.17.1. Patio 10.17.2. Window 10.17.3. Freestanding 10.17.4. Others 10.18. North America Awning Market Attractiveness Analysis 10.18.1. By Type 10.18.2. By Industry 10.18.3. By Product 10.19. PEST Analysis 11. Europe Awning Market Analysis 11.1. Key Findings 11.2. Europe Awning Market Overview 11.3. Europe Awning Market Value Share Analysis, by Type 11.4. Europe Awning Market Forecast, by Type 11.4.1. Fixed 11.4.2. Retractable 11.5. Europe Awning Market Value Share Analysis, by Industry 11.6. Europe Awning Market Forecast, by Industry 11.6.1. Residential 11.6.2. Commercial 11.7. Europe Awning Market Value Share Analysis, by Product 11.8. Europe Awning Market Forecast, by Product 11.8.1. Patio 11.8.2. Window 11.8.3. Freestanding 11.8.4. Others 11.9. Europe Awning Market Value Share Analysis, by Country 11.10. Europe Awning Market Forecast, by Country 11.10.1.1. Germany 11.10.1.2. U.K. 11.10.1.3. France 11.10.1.4. Italy 11.10.1.5. Spain 11.10.1.6. Rest of Europe 11.11. Europe Awning Market Analysis, by Country/ Sub-region 11.12. Germany Awning Market Forecast, by Type 11.12.1. Fixed 11.12.2. Retractable 11.13. Germany Awning Market Forecast, by Industry 11.13.1. Residential 11.13.2. Commercial 11.14. Germany Awning Market Forecast, by Product 11.14.1. Patio 11.14.2. Window 11.14.3. Freestanding 11.14.4. Others 11.15. U.K. Awning Market Forecast, by Type 11.15.1. Fixed 11.15.2. Retractable 11.16. U.K. Awning Market Forecast, by Industry 11.16.1. Residential 11.16.2. Commercial 11.17. U.K. Awning Market Forecast, by Product 11.17.1. Patio 11.17.2. Window 11.17.3. Freestanding 11.17.4. Others 11.18. France Awning Market Forecast, by Type 11.18.1. Fixed 11.18.2. Retractable 11.19. France Awning Market Forecast, by Industry 11.19.1. Residential 11.19.2. Commercial 11.20. France Awning Market Forecast, by Product 11.20.1. Patio 11.20.2. Window 11.20.3. Freestanding 11.20.4. Others 11.21. Italy Awning Market Forecast, by Type 11.21.1. Fixed 11.21.2. Retractable 11.22. Italy Awning Market Forecast, by Industry 11.22.1. Residential 11.22.2. Commercial 11.23. Italy Awning Market Forecast, by Product 11.23.1. Patio 11.23.2. Window 11.23.3. Freestanding 11.23.4. Others 11.24. Spain Awning Market Forecast, by Type 11.24.1. Fixed 11.24.2. Retractable 11.25. Spain Awning Market Forecast, by Industry 11.25.1. Residential 11.25.2. Commercial 11.26. Spain Awning Market Forecast, by Product 11.26.1. Patio 11.26.2. Window 11.26.3. Freestanding 11.26.4. Others 11.27. Rest of Europe Awning Market Forecast, by Type 11.27.1. Fixed 11.27.2. Retractable 11.28. Rest of Europe Awning Market Forecast, by Industry 11.28.1. Residential 11.28.2. Commercial 11.29. Rest of Europe Awning Market Forecast, by Product 11.29.1. Patio 11.29.2. Window 11.29.3. Freestanding 11.29.4. Others 11.30. Europe Awning Market Attractiveness Analysis 11.30.1. By Type 11.30.2. By Industry 11.30.3. By Product 11.31. PEST Analysis 12. Asia Pacific Awning Market Analysis 12.1. Key Findings 12.2. Asia Pacific Awning Market Overview 12.3. Asia Pacific Awning Market Value Share Analysis, by Type 12.4. Asia Pacific Awning Market Forecast, by Type 12.4.1. Fixed 12.4.2. Retractable 12.5. Asia Pacific Awning Market Value Share Analysis, by Industry 12.6. Asia Pacific Awning Market Forecast, by Industry 12.6.1. Residential 12.6.2. Commercial 12.7. Asia Pacific Awning Market Value Share Analysis, by Product 12.8. Asia Pacific Awning Market Forecast, by Product 12.8.1. Patio 12.8.2. Window 12.8.3. Freestanding 12.8.4. Others 12.9. Asia Pacific Awning Market Value Share Analysis, by Country 12.10. Asia Pacific Awning Market Forecast, by Country 12.10.1. China 12.10.2. India 12.10.3. Japan 12.10.4. ASEAN 12.10.5. Rest of Asia Pacific 12.11. Asia Pacific Awning Market Analysis, by Country/ Sub-region 12.12. China Awning Market Forecast, by Type 12.12.1. Fixed 12.12.2. Retractable 12.13. China Awning Market Forecast, by Industry 12.13.1. Residential 12.13.2. Commercial 12.14. China Awning Market Forecast, by Product 12.14.1. Patio 12.14.2. Window 12.14.3. Freestanding 12.14.4. Others 12.15. India Awning Market Forecast, by Type 12.15.1. Fixed 12.15.2. Retractable 12.16. India Awning Market Forecast, by Industry 12.16.1. Residential 12.16.2. Commercial 12.16.3. thers 12.17. India Awning Market Forecast, by Product 12.17.1. Patio 12.17.2. Window 12.17.3. Freestanding 12.17.4. Others 12.18. Japan Awning Market Forecast, by Type 12.18.1. Fixed 12.18.2. Retractable 12.19. Japan Awning Market Forecast, by Industry 12.19.1. Residential 12.19.2. Commercial 12.20. Japan Awning Market Forecast, by Product 12.20.1. Patio 12.20.2. Window 12.20.3. Freestanding 12.20.4. Others 12.21. ASEAN Awning Market Forecast, by Type 12.21.1. Fixed 12.21.2. Retractable 12.22. ASEAN Awning Market Forecast, by Industry 12.22.1. Residential 12.22.2. Commercial 12.23. ASEAN Awning Market Forecast, by Product 12.23.1. Patio 12.23.2. Window 12.23.3. Freestanding 12.23.4. Others 12.24. Rest of Asia Pacific Awning Market Forecast, by Type 12.24.1. Fixed 12.24.2. Retractable 12.25. Rest of Asia Pacific Awning Market Forecast, by Industry 12.25.1. Residential 12.25.2. Commercial 12.26. Rest of Asia Pacific Awning Market Forecast, by Product 12.26.1. Patio 12.26.2. Window 12.26.3. Freestanding 12.26.4. Others 12.27. Asia Pacific Awning Market Attractiveness Analysis 12.27.1. By Type 12.27.2. By Industry 12.27.3. By Product 12.28. PEST Analysis 13. Middle East & Africa Awning Market Analysis 13.1. Key Findings 13.2. Middle East & Africa Awning Market Overview 13.3. Middle East & Africa Awning Market Value Share Analysis, by Type 13.4. Middle East & Africa Awning Market Forecast, by Type 13.4.1. Fixed 13.4.2. Retractable 13.5. Middle East & Africa Awning Market Value Share Analysis, by Industry 13.6. Middle East & Africa Awning Market Forecast, by Industry 13.6.1. Residential 13.6.2. Commercial 13.7. Middle East & Africa Awning Market Value Share Analysis, by Product 13.8. Middle East & Africa Awning Market Forecast, by Product 13.8.1. Patio 13.8.2. Window 13.8.3. Freestanding 13.8.4. Others 13.9. Middle East & Africa Awning Market Value Share Analysis, by Country 13.10. Middle East & Africa Awning Market Forecast, by Country 13.10.1. GCC 13.10.2. South Africa 13.10.3. Rest of Middle East & Africa 13.11. Middle East & Africa Awning Market Analysis, by Country/ Sub-region 13.12. GCC Awning Market Forecast, by Type 13.12.1. Fixed 13.12.2. Retractable 13.13. GCC Awning Market Forecast, by Industry 13.13.1. Residential 13.13.2. Commercial 13.14. GCC Awning Market Forecast, by Product 13.14.1. Patio 13.14.2. Window 13.14.3. Freestanding 13.14.4. Others 13.15. South Africa Awning Market Forecast, by Type 13.15.1. Fixed 13.15.2. Retractable 13.16. South Africa Awning Market Forecast, by Industry 13.16.1. Residential 13.16.2. Commercial 13.17. South Africa Awning Market Forecast, by Product 13.17.1. Patio 13.17.2. Window 13.17.3. Freestanding 13.17.4. Retail and eCommerce 13.17.5. Manufacturing 13.17.6. Others 13.18. Rest of Middle East & Africa Awning Market Forecast, by Type 13.18.1. Fixed 13.18.2. Retractable 13.19. Rest of Middle East & Africa Awning Market Forecast, by Industry 13.19.1. Residential 13.19.2. Commercial 13.20. Rest of Middle East & Africa Awning Market Forecast, by Product 13.20.1. Patio 13.20.2. Window 13.20.3. Freestanding 13.20.4. Others 13.21. Middle East & Africa Awning Market Attractiveness Analysis 13.21.1. By Type 13.21.2. By Industry 13.21.3. By Product 13.22. PEST Analysis 14. Latin America Awning Market Analysis 14.1. Key Findings 14.2. Latin America Awning Market Overview 14.3. Latin America Awning Market Value Share Analysis, by Type 14.4. Latin America Awning Market Forecast, by Type 14.4.1. Fixed 14.4.2. Retractable 14.5. Latin America Awning Market Value Share Analysis, by Industry 14.6. Latin America Awning Market Forecast, by Industry 14.6.1. Residential 14.6.2. Commercial 14.7. Latin America Awning Market Value Share Analysis, by Product 14.8. Latin America Awning Market Forecast, by Product 14.8.1. Patio 14.8.2. Window 14.8.3. Freestanding 14.8.4. Others 14.9. Latin America Awning Market Value Share Analysis, by Country 14.10. Latin America Awning Market Forecast, by Country 14.10.1. Brazil 14.10.2. Mexico 14.10.3. Rest of Latin America 14.11. Latin America Awning Market Analysis, by Country/ Sub-region 14.12. Brazil Awning Market Forecast, by Type 14.12.1. Fixed 14.12.2. Retractable 14.13. Brazil Awning Market Forecast, by Industry 14.13.1. Residential 14.13.2. Commercial 14.14. Brazil Awning Market Forecast, by Product 14.14.1. Patio 14.14.2. Window 14.14.3. Freestanding 14.14.4. Others 14.15. Mexico Awning Market Forecast, by Type 14.15.1. Fixed 14.15.2. Retractable 14.16. Mexico Awning Market Forecast, by Industry 14.16.1. Residential 14.16.2. Commercial 14.17. Mexico Awning Market Forecast, by Product 14.17.1. Patio 14.17.2. Window 14.17.3. Freestanding 14.17.4. Others 14.18. Rest of Latin America Awning Market Forecast, by Type 14.18.1. Fixed 14.18.2. Retractable 14.19. Rest of Latin America Awning Market Forecast, by Industry 14.19.1. Residential 14.19.2. Commercial 14.20. Rest of Latin America Awning Market Forecast, by Product 14.20.1. Patio 14.20.2. Window 14.20.3. Freestanding 14.20.4. Others 14.21. Latin America Awning Market Attractiveness Analysis 14.21.1. By Type 14.21.2. By Industry 14.21.3. By Product 14.22. PEST Analysis 15. Company Profiles 15.1. Market Share Analysis, by Company 15.2. Competition Matrix 15.3. Company Profiles: Key Players 15.3.1. Advanced Design Awning & Sign 15.3.1.1. Company Overview 15.3.1.2. Financial Overview 15.3.1.3. Business Strategy 15.3.1.4. Recent Developments 15.3.1.5. Manufacturing Footprint 15.3.2. Awning Company of America 15.3.3. Carroll Awning 15.3.4. Eide Industries 15.3.5. KE Durasol 15.3.6. Marygrove awning 15.3.7. NuImage Awnings 15.3.8. Sunair Awnings 15.3.9. Sunesta 15.3.10. Sunsetter Products 15.3.11. Global Awnings 15.3.12. SUNAIR Awnings 15.3.13. Nulmage 15.3.14. Durasol Awnings, Inc. 15.3.15. Aristocrat 15.3.16. A&A International 15.3.17. Thompson Awning Company 15.3.18. Levens Australia 15.3.19. Orion Bilnds 15.3.20. Somfy 15.3.21. Suntech Australia 15.3.22. GS World 15.3.23. The Awning Factory 15.3.24. Avalatec Awnings 15.3.25. Torbay Blinds 15.3.26. Luxaflex 16. Primary Key Insights

About This Report

Report ID21221
Category Consumer Goods & Services
Published DateSeptember 2019
Updated DateOct 2021
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