Market Overview:
The global awning materials market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for awnings in commercial and residential applications, owing to their functional and aesthetic benefits. In terms of type, the FRP lighting board segment is expected to lead the global awning materials market during the forecast period, followed by polycarbonate sheet and PC board segments. The FRP lighting board segment is projected to grow at a CAGR of 6.1% during the forecast period from 2018 to 2030.
Product Definition:
Awning materials are the fabrics, membranes, or other materials used in the construction of awnings. Awning fabrics are typically made from woven acrylic, polyester, or vinyl and can be treated with water and UV inhibitors to increase their lifespan. Membranes used in awnings can be made from PVC (vinyl), Teflon (PTFE), or silicone and are often coated with an anti-microbial agent to prevent the growth of mold and mildew. Other materials that may be used in awning construction include metal (aluminum or steel), wood, plastic, and canvas.
The primary purpose of an awning is to provide shade from the sun's rays. This can help reduce cooling costs in the summer months by blocking some of the sun's heat before it enters into your home or business. Awnings can also help protect furniture and carpets from fading due to UV exposure.
FRP lighting Board:
Fiber-reinforced plastic (FRP) lighting board is a new type of construction material that consists of glass fibers, resin and reinforcing fiber. It has the ability to transmit more light than traditional materials such as wood or concrete. Fiber-reinforced plastics are increasingly being used in the construction industry owing to their durability, versatility & strength along with lower maintenance costs and reduced carbon footprints.
Polycarbonate Sheet:
Polycarbonate sheet is a type of plastic that is produced from the reaction between bisphenol A (BPA) and phosgene. BPA is a synthetic compound derived from carbon compounds. Polycarbonate sheets are used in various applications such as in window frames, shower curtains, tableware, food packaging materials and others on account of their properties such as high tensile strength & durability along with resistance to chemicals & heat.
Application Insights:
The commercial application segment led the global awning materials market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. Increasing infrastructural development along with rising tourism are driving demand for awnings in commercial applications, such as shopping malls, hotels, restaurants and others. The home application segment was valued over USD 20 billion in 2017 owing to increasing product adoption for residential purposes including Patio Covers & Awnings by Home Designers LLC., Sunrooms by Hometone Corporation., Pergolas from Tarot A-Frames Ltd., Canopies from CanopyCovers Inc., and Porches from porchnetters.
The other applications include industrial buildings (such as factories), agricultural buildings (such as greenhouses) and construction sites where temporary or permanent structures need shade or protection against sunrays.
Regional Analysis:
North America is expected to be the largest regional market over the forecast period owing to increasing demand from commercial and residential applications. The region accounted for a share of more than 35% in 2017, on account of rising product demand from U.S., due to its superior performance, high durability, and attractive appearance. Moreover, presence of key manufacturers such as 3M; Avery Denison; Columbia River Materials; E-Z Glider Awnings LLC.; Hunter Douglas Inc.; Linear Technology Corporation; Maybelline New York LLC.; Pella Corporation Product Inc.; Schutt AG & Co., Ltd are also contributing towards growth in this region.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to rapid urbanization across countries such as China and India which will drive home awning materials consumption positively.
Growth Factors:
- Increasing demand for awnings from the commercial sector as a result of growing awareness about the benefits of using awnings for businesses
- Rising popularity of retractable awnings, which offer several advantages over traditional fixed-frame awnings, including ease of use and lower installation costs
- Growing demand for customized awning solutions that can be tailored to meet specific needs and requirements
- Increasing use of energy-efficient materials in the manufacturing of awning fabrics, which helps reduce power consumption and save on energy costs
- Proliferation of online stores that sell high-quality branded and custom-made awnings at competitive prices
Scope Of The Report
Report Attributes
Report Details
Report Title
Awning Materials Market Research Report
By Type
FRP lighting Board, Polycarbonate Sheet, PC Board, Sunshine Board
By Application
Commercial, Home, Others
By Companies
Johnson Bros. Metal Forming Co, Chicago Canvas And Supply, Innovative Insulation, Sign 2000, TMI LLC, Duracote Corp, Plas Tech
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
142
Number of Tables & Figures
100
Customization Available
Yes, the report can be customized as per your need.
Global Awning Materials Market Report Segments:
The global Awning Materials market is segmented on the basis of:
Types
FRP lighting Board, Polycarbonate Sheet, PC Board, Sunshine Board
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial, Home, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Johnson Bros. Metal Forming Co
- Chicago Canvas And Supply
- Innovative Insulation
- Sign 2000
- TMI LLC
- Duracote Corp
- Plas Tech
Highlights of The Awning Materials Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- FRP lighting Board
- Polycarbonate Sheet
- PC Board
- Sunshine Board
- By Application:
- Commercial
- Home
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Awning Materials Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Awnings are a type of roof covering that is typically used to protect a building from the sun and rain. They are made out of a variety of materials, including metal, plastic, or fabric.
Some of the major companies in the awning materials market are Johnson Bros. Metal Forming Co, Chicago Canvas And Supply, Innovative Insulation, Sign 2000, TMI LLC, Duracote Corp, Plas Tech.
The awning materials market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Awning Materials Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Awning Materials Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Awning Materials Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Awning Materials Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Awning Materials Market Size & Forecast, 2020-2028
4.5.1 Awning Materials Market Size and Y-o-Y Growth
4.5.2 Awning Materials Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 FRP lighting Board
5.2.2 Polycarbonate Sheet
5.2.3 PC Board
5.2.4 Sunshine Board
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Commercial
6.2.2 Home
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Awning Materials Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Awning Materials Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 FRP lighting Board
9.6.2 Polycarbonate Sheet
9.6.3 PC Board
9.6.4 Sunshine Board
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Commercial
9.10.2 Home
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 FRP lighting Board
10.6.2 Polycarbonate Sheet
10.6.3 PC Board
10.6.4 Sunshine Board
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Commercial
10.10.2 Home
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 FRP lighting Board
11.6.2 Polycarbonate Sheet
11.6.3 PC Board
11.6.4 Sunshine Board
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Commercial
11.10.2 Home
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 FRP lighting Board
12.6.2 Polycarbonate Sheet
12.6.3 PC Board
12.6.4 Sunshine Board
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Commercial
12.10.2 Home
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 FRP lighting Board
13.6.2 Polycarbonate Sheet
13.6.3 PC Board
13.6.4 Sunshine Board
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Commercial
13.10.2 Home
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Awning Materials Market: Competitive Dashboard
14.2 Global Awning Materials Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Johnson Bros. Metal Forming Co
14.3.2 Chicago Canvas And Supply
14.3.3 Innovative Insulation
14.3.4 Sign 2000
14.3.5 TMI LLC
14.3.6 Duracote Corp
14.3.7 Plas Tech
