Awnings Market Size, Share, Outlook and Growth Opportunities 2019-2025
- ID:OGA1809MVC1636
- Published: December-2021
- Pages:110
- OG Analysis
Global Awnings Market size, Outlook and Growth Opportunities to 2025: By Product Type (Retractable and Stationary), By End User Industry (Residential and Commercial) and By Region
Global awnings market is poised to report 6.11%year-on-year growth in 2019.Shifting consumer preference towards awnings for remodeling and home renovations is the key factor driving the global awnings market growth. Expanding commercial and residential sectors are prevailing as a boon for key market players involving in the production of awnings. This is anticipated to enhance the growth of global awnings market during the forecast period. Rising GDP per capita coupled with increasing purchasing power parity of people is also expected to agur well for the growth of awnings market over the years.
Increasing number of quick service restaurants, eateries and others that are employing awnings as secondary covering for exterior wall of buildings are expected to offer key opportunities for the growth of awnings market.
High price of certain type of awnings and their frequent maintenance are key restraining factors challenging the companies operating in global awnings market and new entrants.
Retractable awnings market is the largest product type in global awnings market
Retractable is the widely used product type owing to various factors including easy to install, cost-effective nature, offers perfect shade, optimizes space usage, flexibility and others. Owing to these factors, there is a huge demand for retractable awnings in shops, restaurants, hotels and others. Accordingly, this high usage of awnings is anticipated to augment market penetration over the years. In addition to retractable awnings, the global awnings market is segmented into stationary product type.
The residential segment remains as the dominant industry segment in global awnings market
Global awnings market is categorized on the basis of application into residential and commercial.Increasing demand for awnings in various residential applications including door, decorative, window, carports and others is driving the global awnings market growth rate. Shifting consumer preference towards modern and architectural designs for designing houses is propelling the demand for awnings in the residential sector.
Increasing demand from residential and commercial sectors is driving North America awnings market
North America is the fastest growing region in global awnings market owing to increasing usage of product in residential and commercial sectors. North America is forecast to reflect potential growth opportunities for retractable awnings.This can be attributed towards booming home renovations in the region.North America awnings market is expected to spur at high pace owing to increasing consumer expenditure for remodeling, specifically in the United States. Further, the global awnings market is analysed for countries across various regions including Europe, Asia Pacific, Latin America, and Middle East and Africa.
Key competitors operating in the global awnings market
SunSetter Products (United States), Global Awnings LLC (United States), SUNAIR Awnings (United States), Awning Company of America, Inc. (United States), Carroll Awning Company (United States), Durasol Awnings, Inc. (United States), Eide Industries, Inc. (United States), Aristocrat (Australia), Orion Bilnds (United Kingdom),Thompson Awning Company (United states), among others are key competitors of global awnings market.
Scope:
Long term perspective on the Awning industry: 2018 (base year), 2019- 2025 (forecast period)
Awnings Market- Forecasts by Segments- Product Type and End-User Industry by geography.
- The research report classifies the global awnings market into 2 product types including retractable and stationary.
- This report provides the market outlook by 2end user industries including residential and commercial.
- The report analyses the global awnings market across countries in 5 regions including Asia-Pacific, Europe, North America, Latin America, and Middle East and Africa.
Awnings Market- Strategic Analysis Review
- Key strategies opted by leading players
- Short to Long Term Industry Trends
- Porter’s Five Forces Analysis
- Supply side and Demand Side Drivers and Challenges
Awnings Market- Growth Opportunities
- Potential New Business Opportunities
- Key Areas of Focus in forecast period
Awnings Market- Competitive Scenario
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10 companies are analysed in the report including SunSetter Products, Global Awnings, SUNAIR Awnings, Awning Company of America, Inc., Carroll Awning Company, Durasol Awnings, Inc., Eide Industries, Inc., Aristocrat, A&A International, and Thompson Awning Company.
- Company Peer-to-Peer Comparison
- Company Profile and SWOT Analysis
- Financial Analysis
Table of Contents
1. Table of Contents
1.1 List of Tables
1.2 List of Figures
2. Introduction to Global Awnings Market
2.1 Global Awnings Market Snapshot, 2018
2.2AwningsIndustry Overview
2.3 Research Perspective
3. Global Awnings Market- Strategic Analysis
3.1 Short Term and Long Term Industry Trends Affecting Global Awnings Markets
3.2 Leading Awnings Types Targeted by Global Manufacturers
3.3 Key Consumption Patterns of Awnings
3.4 Potential Markets Vital for business Expansion
3.5 Five Forces Analysis
3.6 Drivers and Restraints
4. Global Awnings Market Outlook and Growth Opportunities by Product Type
4.1 Retractable Awnings Market Outlook, 2019- 2025
4.2 Stationery Awnings Market Outlook, 2019- 2025
5. Global Awnings Market Outlook and Growth Opportunities by End User Industry
5.1 Awnings Demand in Residential End User Industry, Market Outlook, 2019- 2025
5.2 Awnings Demand in Commercial End User Industry, Market Outlook, 2019- 2025
6. Asia Pacific Awnings Market Outlook and Growth Opportunities
6.1 Key Findings, 2018
6.2 Asia Pacific Awnings Market Outlook by Product Type, 2019- 2025
6.3 Asia Pacific Awnings Market Outlook by End User Industry, 2019- 2025
6.4 Asia Pacific Awnings Market Outlook by Country, 2019- 2025
7. Europe Awnings Market Outlook and Growth Opportunities
7.1 Key Findings, 2018
7.2 Europe Awnings Market Outlook by Product Type, 2019- 2025
7.3 Europe Awnings Market Outlook by End User Industry, 2019- 2025
7.4 Europe Awnings Market Outlook by Country, 2019- 2025
8. North America Awnings Market Outlook and Growth Opportunities
8.1 Key Findings, 2018
8.2 North America Awnings Market Outlook by Product Type, 2019- 2025
8.3 North America Awnings Market Outlook by End User Industry, 2019- 2025
8.4 North America Awnings Market Outlook by Country, 2019- 2025
9. South & Central America Awnings Market Outlook and Growth Opportunities
9.1 Key Findings, 2018
9.2 South & Central America Awnings Market Outlook by Product Type, 2019- 2025
9.3South & Central America Awnings Market Outlook by End User Industry, 2019- 2025
9.4South & Central America Awnings Market Outlook by Country, 2019- 2025
10. Middle East & Africa Awnings Market Outlook and Growth Opportunities
10.1 Key Findings, 2018
10.2 Middle East & Africa Awnings Market Outlook by Product Type, 2019- 2025
10.3 Middle East & Africa Awnings Market Outlook by End User Industry, 2019- 2025
10.4 Middle East & Africa Awnings Market Outlook by Country, 2019- 2025
11. Competitive Landscape
11.1 Leading Players (Company Profile, SWOT Analysis, Awnings Products, Financial Analysis)
11.1.1 SunSetter Products
11.1.2 Global Awnings
11.1.3 SUNAIR Awnings
11.1.4 Awning Company of America, Inc.
11.1.5 Carroll Awning Company
11.1.6 Durasol Awnings, Inc.
11.1.7 Eide Industries, Inc.
11.1.8 Aristocrat
11.1.9 A&A International
11.1.10 Thompson Awning Company
11.2 Company Benchmarking
11.3 Financial Analysis
12. Recent News and Deals Landscape
12.1 Mergers and Acquisitions
12.2 New Product Launches
12.3 Asset Transactions
12.4 Financial Announcements
13 Appendix
13.1 OGAnalysis Expertise
13.2 Sources and Research Methodology
13.3 Contact Information
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