PUBLISHER: IMARC | PRODUCT CODE: 1390564
PUBLISHER: IMARC | PRODUCT CODE: 1390564
Awning Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Abstract
The global awning market size reached US$ 9.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 13.0 Billion by 2028, exhibiting a growth rate (CAGR) of 6.32% during 2022-2028.
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 2023-2028. 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.
Key Questions Answered in This Report
- 1. What was the size of the global awning market in 2022?
- 2. What is the expected growth rate of the global awning market during 2023-2028?
- 3. What has been the impact of COVID-19 on the global awning market?
- 4. What are the key factors driving the global awning market?
- 5. What is the breakup of the global awning market based on the type?
- 6. What is the breakup of the global awning market based on the product?
- 7. What is the breakup of the global awning market based on the end user?
- 8. What are the key regions in the global awning market?
- 9. Who are the key players/companies in the global awning market?
Table of Contents
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
- 9.1.1 United States
- 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
- 9.2.1 China
- 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
- 9.3.1 Germany
- 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
- 9.4.1 Brazil
- 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
- 14.3.1 Advanced Design Awnings & Signs
List of Figures
- Figure 1: Global: Awning Market: Major Drivers and Challenges
- Figure 2: Global: Awning Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Awning Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: Awning Market: Breakup by Type (in %), 2022
- Figure 5: Global: Awning Market: Breakup by Product (in %), 2022
- Figure 6: Global: Awning Market: Breakup by End User (in %), 2022
- Figure 7: Global: Awning Market: Breakup by Region (in %), 2022
- Figure 8: Global: Awning (Fixed Awning) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 9: Global: Awning (Fixed Awning) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 10: Global: Awning (Retractable Awning) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 11: Global: Awning (Retractable Awning) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 12: Global: Awning (Patio) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 13: Global: Awning (Patio) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 14: Global: Awning (Window) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 15: Global: Awning (Window) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 16: Global: Awning (Freestanding) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 17: Global: Awning (Freestanding) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 18: Global: Awning (Other Products) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 19: Global: Awning (Other Products) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 20: Global: Awning (Commercial) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 21: Global: Awning (Commercial) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 22: Global: Awning (Residential) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 23: Global: Awning (Residential) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 24: North America: Awning Market: Sales Value (in Million US$), 2017 & 2022
- Figure 25: North America: Awning Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 26: United States: Awning Market: Sales Value (in Million US$), 2017 & 2022
- Figure 27: United States: Awning Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 28: Canada: Awning Market: Sales Value (in Million US$), 2017 & 2022
- Figure 29: Canada: Awning Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 30: Asia-Pacific: Awning Market: Sales Value (in Million US$), 2017 & 2022
- Figure 31: Asia-Pacific: Awning Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 32: China: Awning Market: Sales Value (in Million US$), 2017 & 2022
- Figure 33: China: Awning Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 34: Japan: Awning Market: Sales Value (in Million US$), 2017 & 2022
- Figure 35: Japan: Awning Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 36: India: Awning Market: Sales Value (in Million US$), 2017 & 2022
- Figure 37: India: Awning Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 38: South Korea: Awning Market: Sales Value (in Million US$), 2017 & 2022
- Figure 39: South Korea: Awning Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 40: Australia: Awning Market: Sales Value (in Million US$), 2017 & 2022
- Figure 41: Australia: Awning Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 42: Indonesia: Awning Market: Sales Value (in Million US$), 2017 & 2022
- Figure 43: Indonesia: Awning Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 44: Others: Awning Market: Sales Value (in Million US$), 2017 & 2022
- Figure 45: Others: Awning Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 46: Europe: Awning Market: Sales Value (in Million US$), 2017 & 2022
- Figure 47: Europe: Awning Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 48: Germany: Awning Market: Sales Value (in Million US$), 2017 & 2022
- Figure 49: Germany: Awning Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 50: France: Awning Market: Sales Value (in Million US$), 2017 & 2022
- Figure 51: France: Awning Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 52: United Kingdom: Awning Market: Sales Value (in Million US$), 2017 & 2022
- Figure 53: United Kingdom: Awning Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 54: Italy: Awning Market: Sales Value (in Million US$), 2017 & 2022
- Figure 55: Italy: Awning Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 56: Spain: Awning Market: Sales Value (in Million US$), 2017 & 2022
- Figure 57: Spain: Awning Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 58: Russia: Awning Market: Sales Value (in Million US$), 2017 & 2022
- Figure 59: Russia: Awning Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 60: Others: Awning Market: Sales Value (in Million US$), 2017 & 2022
- Figure 61: Others: Awning Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 62: Latin America: Awning Market: Sales Value (in Million US$), 2017 & 2022
- Figure 63: Latin America: Awning Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 64: Brazil: Awning Market: Sales Value (in Million US$), 2017 & 2022
- Figure 65: Brazil: Awning Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 66: Mexico: Awning Market: Sales Value (in Million US$), 2017 & 2022
- Figure 67: Mexico: Awning Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 68: Others: Awning Market: Sales Value (in Million US$), 2017 & 2022
- Figure 69: Others: Awning Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 70: Middle East and Africa: Awning Market: Sales Value (in Million US$), 2017 & 2022
- Figure 71: Middle East and Africa: Awning Market: Breakup by Country (in %), 2022
- Figure 72: Middle East and Africa: Awning Market Forecast: Sales Value (in Million US$), 2023-2028
- 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, 2022 and 2028
- Table 2: Global: Awning Market Forecast: Breakup by Type (in Million US$), 2023-2028
- Table 3: Global: Awning Market Forecast: Breakup by Product (in Million US$), 2023-2028
- Table 4: Global: Awning Market Forecast: Breakup by End User (in Million US$), 2023-2028
- Table 5: Global: Awning Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 6: Global: Awning Market: Competitive Structure
- Table 7: Global: Awning Market: Key Players
