Awnings Market Scope and Size by 2031
MARKET OVERVIEW
Awnings are outdoor shade structures, such as retractable awnings, fixed awnings, canopies, and pergolas. Awnings are used to provide shade and protection from the sun, wind, and rain. They are used in both residential and commercial settings, including homes, cafes, restaurants, hotels, and other commercial establishments. Awnings are available in a variety of materials, including fabric, metal, and polycarbonate, and can be customized to fit the specific needs and preferences of the user. The increasing demand for outdoor living spaces and the growing construction industry is expected to drive the growth of the awnings market in the future.
MARKET DYNAMICS
The global awnings market is a highly competitive market due to many international and regional players' presence. The increasing demand for retractable awnings for garden spaces from the residential sector drives the market growth. Improving awnings operation with sensors and growing inclination towards the smart home solution is boosting the market growth. The rising disposable income, growing urbanization, and an increasing number of cafes and restaurants are key factors propelling the market. However, fluctuation in raw material price is acting as a challenging factor for the market players. The increasing inclining towards the idea of open sitting areas creates ample opportunities for market growth.
MARKET SCOPE
The "Global Awnings Market Analysis to 2031" is a specialized and in-depth study of the awnings market with a special focus on the global market trend analysis. The report aims to provide an overview of Awnings market with detailed market segmentation by type, product, and end user. The global awnings market expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Awnings market player and offers key trends and opportunities in the Awnings market. Rising living standards and inclination towards leisure and sports activities are accelerating the market growth in developed and developing nations.
MARKET SEGMENTATION
The global awnings market is segmented based on type, product, end user, and geography. Based on type, awnings market is segmented as fixed and retractable. Based on product, awnings market is segmented as patio, window, freestanding, and others. In terms of end user, awnings market is segmented as residential and commercial.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global awnings market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The awnings market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Awnings market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the awnings market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global awnings market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The awnings market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Awnings market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the awnings market in these regions.
MARKET PLAYERS
The reports cover key developments in the awnings market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from awnings market are anticipated to lucrative growth opportunities in the future with the rising demand for awnings market. Below mentioned is the list of few companies engaged in the awnings market.
The report also includes the profiles of key awnings market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Accent Awning Company
- ADVANCED DESIGN AWNINGS & SIGNS
- Awning Company of America
- Carroll Architectural Shade
- Eide Industries, Inc.
- KE USA Inc.
- Marygrove Awnings
- NuImage Awnings / Futureguard
- Sunesta
- SunSetter Products
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
TABLE OF CONTENTS
1.INTRODUCTION
1.1.SCOPE OF THE STUDY
1.2.THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3.MARKET SEGMENTATION
1.3.1Awnings Market - By Type
1.3.2Awnings Market - By Product
1.3.3Awnings Market - By End User
1.3.4Awnings Market - By Region
1.3.4.1By Country
2.KEY TAKEAWAYS
3.RESEARCH METHODOLOGY
4.AWNINGS MARKET LANDSCAPE
4.1.OVERVIEW
4.2.PEST ANALYSIS
4.2.1North America - Pest Analysis
4.2.2Europe - Pest Analysis
4.2.3Asia-Pacific - Pest Analysis
4.2.4Middle East and Africa - Pest Analysis
4.2.5South and Central America - Pest Analysis
4.3.ECOSYSTEM ANALYSIS
4.4.EXPERT OPINIONS
5.AWNINGS MARKET - KEY MARKET DYNAMICS
5.1.KEY MARKET DRIVERS
5.2.KEY MARKET RESTRAINTS
5.3.KEY MARKET OPPORTUNITIES
5.4.FUTURE TRENDS
5.5.IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6.AWNINGS MARKET - GLOBAL MARKET ANALYSIS
6.1.AWNINGS - GLOBAL MARKET OVERVIEW
6.2.AWNINGS - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING
7.AWNINGS MARKET - REVENUE AND FORECASTS TO 2028 â" TYPE
7.1.OVERVIEW
7.2.TYPE MARKET FORECASTS AND ANALYSIS
7.3.FIXED
7.3.1.Overview
7.3.2.Fixed Market Forecast and Analysis
7.4.RETRACTABLE
7.4.1.Overview
7.4.2.Retractable Market Forecast and Analysis
8.AWNINGS MARKET - REVENUE AND FORECASTS TO 2028 â" PRODUCT
8.1.OVERVIEW
8.2.PRODUCT MARKET FORECASTS AND ANALYSIS
8.3.PATIO
8.3.1.Overview
8.3.2.Patio Market Forecast and Analysis
8.4.WINDOW
8.4.1.Overview
8.4.2.Window Market Forecast and Analysis
8.5.FREESTANDING
8.5.1.Overview
8.5.2.Freestanding Market Forecast and Analysis
8.6.OTHERS
8.6.1.Overview
8.6.2.Others Market Forecast and Analysis
9.AWNINGS MARKET - REVENUE AND FORECASTS TO 2028 â" END USER
9.1.OVERVIEW
9.2.END USER MARKET FORECASTS AND ANALYSIS
9.3.RESIDENTIAL
9.3.1.Overview
9.3.2.Residential Market Forecast and Analysis
9.4.COMMERCIAL
9.4.1.Overview
9.4.2.Commercial Market Forecast and Analysis
10.AWNINGS MARKET REVENUE AND FORECASTS TO 2028 â" GEOGRAPHICAL ANALYSIS
10.1.NORTH AMERICA
10.1.1North America Awnings Market Overview
10.1.2North America Awnings Market Forecasts and Analysis
10.1.3North America Awnings Market Forecasts and Analysis - By Type
10.1.4North America Awnings Market Forecasts and Analysis - By Product
10.1.5North America Awnings Market Forecasts and Analysis - By End User
10.1.6North America Awnings Market Forecasts and Analysis - By Countries
10.1.6.1United States Awnings Market
10.1.6.1.1United States Awnings Market by Type
10.1.6.1.2United States Awnings Market by Product
10.1.6.1.3United States Awnings Market by End User
10.1.6.2Canada Awnings Market
10.1.6.2.1Canada Awnings Market by Type
10.1.6.2.2Canada Awnings Market by Product
10.1.6.2.3Canada Awnings Market by End User
10.1.6.3Mexico Awnings Market
10.1.6.3.1Mexico Awnings Market by Type
10.1.6.3.2Mexico Awnings Market by Product
10.1.6.3.3Mexico Awnings Market by End User
10.2.EUROPE
10.2.1Europe Awnings Market Overview
10.2.2Europe Awnings Market Forecasts and Analysis
10.2.3Europe Awnings Market Forecasts and Analysis - By Type
10.2.4Europe Awnings Market Forecasts and Analysis - By Product
10.2.5Europe Awnings Market Forecasts and Analysis - By End User
10.2.6Europe Awnings Market Forecasts and Analysis - By Countries
10.2.6.1Germany Awnings Market
10.2.6.1.1Germany Awnings Market by Type
10.2.6.1.2Germany Awnings Market by Product
10.2.6.1.3Germany Awnings Market by End User
10.2.6.2France Awnings Market
10.2.6.2.1France Awnings Market by Type
10.2.6.2.2France Awnings Market by Product
10.2.6.2.3France Awnings Market by End User
10.2.6.3Italy Awnings Market
10.2.6.3.1Italy Awnings Market by Type
10.2.6.3.2Italy Awnings Market by Product
10.2.6.3.3Italy Awnings Market by End User
10.2.6.4United Kingdom Awnings Market
10.2.6.4.1United Kingdom Awnings Market by Type
10.2.6.4.2United Kingdom Awnings Market by Product
10.2.6.4.3United Kingdom Awnings Market by End User
10.2.6.5Russia Awnings Market
10.2.6.5.1Russia Awnings Market by Type
10.2.6.5.2Russia Awnings Market by Product
10.2.6.5.3Russia Awnings Market by End User
10.2.6.6Rest of Europe Awnings Market
10.2.6.6.1Rest of Europe Awnings Market by Type
10.2.6.6.2Rest of Europe Awnings Market by Product
10.2.6.6.3Rest of Europe Awnings Market by End User
10.3.ASIA-PACIFIC
10.3.1Asia-Pacific Awnings Market Overview
10.3.2Asia-Pacific Awnings Market Forecasts and Analysis
10.3.3Asia-Pacific Awnings Market Forecasts and Analysis - By Type
10.3.4Asia-Pacific Awnings Market Forecasts and Analysis - By Product
10.3.5Asia-Pacific Awnings Market Forecasts and Analysis - By End User
10.3.6Asia-Pacific Awnings Market Forecasts and Analysis - By Countries
10.3.6.1Australia Awnings Market
10.3.6.1.1Australia Awnings Market by Type
10.3.6.1.2Australia Awnings Market by Product
10.3.6.1.3Australia Awnings Market by End User
10.3.6.2China Awnings Market
10.3.6.2.1China Awnings Market by Type
10.3.6.2.2China Awnings Market by Product
10.3.6.2.3China Awnings Market by End User
10.3.6.3India Awnings Market
10.3.6.3.1India Awnings Market by Type
10.3.6.3.2India Awnings Market by Product
10.3.6.3.3India Awnings Market by End User
10.3.6.4Japan Awnings Market
10.3.6.4.1Japan Awnings Market by Type
10.3.6.4.2Japan Awnings Market by Product
10.3.6.4.3Japan Awnings Market by End User
10.3.6.5South Korea Awnings Market
10.3.6.5.1South Korea Awnings Market by Type
10.3.6.5.2South Korea Awnings Market by Product
10.3.6.5.3South Korea Awnings Market by End User
10.3.6.6Rest of Asia-Pacific Awnings Market
10.3.6.6.1Rest of Asia-Pacific Awnings Market by Type
10.3.6.6.2Rest of Asia-Pacific Awnings Market by Product
10.3.6.6.3Rest of Asia-Pacific Awnings Market by End User
10.4.MIDDLE EAST AND AFRICA
10.4.1Middle East and Africa Awnings Market Overview
10.4.2Middle East and Africa Awnings Market Forecasts and Analysis
10.4.3Middle East and Africa Awnings Market Forecasts and Analysis - By Type
10.4.4Middle East and Africa Awnings Market Forecasts and Analysis - By Product
10.4.5Middle East and Africa Awnings Market Forecasts and Analysis - By End User
10.4.6Middle East and Africa Awnings Market Forecasts and Analysis - By Countries
10.4.6.1South Africa Awnings Market
10.4.6.1.1South Africa Awnings Market by Type
10.4.6.1.2South Africa Awnings Market by Product
10.4.6.1.3South Africa Awnings Market by End User
10.4.6.2Saudi Arabia Awnings Market
10.4.6.2.1Saudi Arabia Awnings Market by Type
10.4.6.2.2Saudi Arabia Awnings Market by Product
10.4.6.2.3Saudi Arabia Awnings Market by End User
10.4.6.3U.A.E Awnings Market
10.4.6.3.1U.A.E Awnings Market by Type
10.4.6.3.2U.A.E Awnings Market by Product
10.4.6.3.3U.A.E Awnings Market by End User
10.4.6.4Rest of Middle East and Africa Awnings Market
10.4.6.4.1Rest of Middle East and Africa Awnings Market by Type
10.4.6.4.2Rest of Middle East and Africa Awnings Market by Product
10.4.6.4.3Rest of Middle East and Africa Awnings Market by End User
10.5.SOUTH AND CENTRAL AMERICA
10.5.1South and Central America Awnings Market Overview
10.5.2South and Central America Awnings Market Forecasts and Analysis
10.5.3South and Central America Awnings Market Forecasts and Analysis - By Type
10.5.4South and Central America Awnings Market Forecasts and Analysis - By Product
10.5.5South and Central America Awnings Market Forecasts and Analysis - By End User
10.5.6South and Central America Awnings Market Forecasts and Analysis - By Countries
10.5.6.1Brazil Awnings Market
10.5.6.1.1Brazil Awnings Market by Type
10.5.6.1.2Brazil Awnings Market by Product
10.5.6.1.3Brazil Awnings Market by End User
10.5.6.2Argentina Awnings Market
10.5.6.2.1Argentina Awnings Market by Type
10.5.6.2.2Argentina Awnings Market by Product
10.5.6.2.3Argentina Awnings Market by End User
10.5.6.3Rest of South and Central America Awnings Market
10.5.6.3.1Rest of South and Central America Awnings Market by Type
10.5.6.3.2Rest of South and Central America Awnings Market by Product
10.5.6.3.3Rest of South and Central America Awnings Market by End User
11.INDUSTRY LANDSCAPE
11.1.MERGERS AND ACQUISITIONS
11.2.AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3.NEW PRODUCT LAUNCHES
11.4.EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12.AWNINGS MARKET, KEY COMPANY PROFILES
12.1.ACCENT AWNING COMPANY
12.1.1.Key Facts
12.1.2.Business Description
12.1.3.Products and Services
12.1.4.Financial Overview
12.1.5.SWOT Analysis
12.1.6.Key Developments
12.2.ADVANCED DESIGN AWNINGS AND SIGNS
12.2.1.Key Facts
12.2.2.Business Description
12.2.3.Products and Services
12.2.4.Financial Overview
12.2.5.SWOT Analysis
12.2.6.Key Developments
12.3.AWNING COMPANY OF AMERICA
12.3.1.Key Facts
12.3.2.Business Description
12.3.3.Products and Services
12.3.4.Financial Overview
12.3.5.SWOT Analysis
12.3.6.Key Developments
12.4.CARROLL ARCHITECTURAL SHADE
12.4.1.Key Facts
12.4.2.Business Description
12.4.3.Products and Services
12.4.4.Financial Overview
12.4.5.SWOT Analysis
12.4.6.Key Developments
12.5.EIDE INDUSTRIES, INC.
12.5.1.Key Facts
12.5.2.Business Description
12.5.3.Products and Services
12.5.4.Financial Overview
12.5.5.SWOT Analysis
12.5.6.Key Developments
12.6.KE USA INC.
12.6.1.Key Facts
12.6.2.Business Description
12.6.3.Products and Services
12.6.4.Financial Overview
12.6.5.SWOT Analysis
12.6.6.Key Developments
12.7.MARYGROVE AWNINGS
12.7.1.Key Facts
12.7.2.Business Description
12.7.3.Products and Services
12.7.4.Financial Overview
12.7.5.SWOT Analysis
12.7.6.Key Developments
12.8.NUIMAGE AWNINGS / FUTUREGUARD
12.8.1.Key Facts
12.8.2.Business Description
12.8.3.Products and Services
12.8.4.Financial Overview
12.8.5.SWOT Analysis
12.8.6.Key Developments
12.9.SUNESTA
12.9.1.Key Facts
12.9.2.Business Description
12.9.3.Products and Services
12.9.4.Financial Overview
12.9.5.SWOT Analysis
12.9.6.Key Developments
12.10.SUNSETTER PRODUCTS
12.10.1.Key Facts
12.10.2.Business Description
12.10.3.Products and Services
12.10.4.Financial Overview
12.10.5.SWOT Analysis
12.10.6.Key Developments
13.APPENDIX
13.1.ABOUT THE INSIGHT PARTNERS
13.2.GLOSSARY OF TERMS
The List of Companies
- Accent Awning Company
- ADVANCED DESIGN AWNINGS & SIGNS
- Awning Company of America
- Carroll Architectural Shade
- Eide Industries, Inc.
- KE USA Inc.
- Marygrove Awnings
- NuImage Awnings / Futureguard
- Sunesta
- SunSetter Products
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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