Market Overview:
The global boat awnings 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 luxury boats and yachts, rising popularity of recreational activities such as kayaking and canoeing, and growing tourism industry. In addition, the increasing awareness about the benefits of using boat awnings is also contributing to the growth of this market. The global boat awnings market can be segmented on the basis of type into rigid boat awnings and foldable boat awnings. The foldable boat awning segment is expected to grow at higher CAGR during the forecast period as it offers easy installation and portability. On the basis of application,the global Boat Awning Market can be divided into yachts, kayaks & canoes, sailboats, others (including speedboats & fishing boats). Yacht segment is anticipated witness highest CAGR over next 10 years owing high adoption rate in developed countries such as U.S., Germany etcetera .Geographically ,global Boat Awing Market has been categorized into North America , Latin America , Europe Asia Pacific Middle East Africa .
Product Definition:
Boat awnings are a type of shade that is typically attached to the side of a boat, providing some relief from the sun and wind. They can be made from a variety of materials, such as canvas or vinyl, and are often adjustable to provide different levels of shade. Boat awnings can also be used to cover items on deck, such as fishing gear or food supplies.
Rigid Boat Awnings:
Rigid boat awnings are fixed window awnings that are typically installed on the windows of boats. They can be single or double pane and their installation is similar to that of regular window awnings. The primary difference being, they have no mechanism for opening and closing; instead, they rely solely on the weight of the glass to regulate its position.
Foldable Boat Awnings:
Foldable boat awnings are the most recent innovation in outdoor living. It is an outdoor window treatment system that helps protect your furniture and floor from sunlight, heat, and rain with the help of sturdy aluminum or fiberglass poles.
Application Insights:
The others application segment accounted for the largest revenue share in 2017 and is expected to witness significant growth over the forecast period. This can be attributed to increasing product demand from commercial as well as residential applications. The rigid awnings are widely used on yachts, while foldable ones are mostly preferred by canoe owners for easy storage and transportation.
Rising awareness regarding outdoor living spaces among consumers, coupled with growing preference towards luxurious yacht designs, has resulted in increased demand for boat awnings across the world. Furthermore, rising consumer disposable income levels coupled with improved economic conditions in some regions such as Asia Pacific have led to an increase in spending on recreational activities such as sailing and tubing which further drives product demand globally.
Boat owners usually prefer purchasing products that offer flexibility of use along with superior quality and aesthetics thereby driving global market growth over the forecast period.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing market, expanding at a CAGR of XX% from 2018 to 2030. The region has been witnessing increasing investments in recreational and sports activities on account of growing population and rising disposable income levels. This is likely to boost the demand for watercrafts such as yachts, sailboats, kayaks and canoes in the coming years.
The rise in popularity of boating activities will drive regional product demand over the forecast period. Furthermore, countries including China have started implementing policies aimed at encouraging people towards using recreational watercrafts instead of motorboats that harm marine environment more severely due to large amounts of toxic waste generated during their operation.
Growth Factors:
- Increasing demand for luxury boats and yachts
- Growing popularity of boat trips and cruises
- Rising disposable income of the middle-class population
- Proliferation of online platforms for booking boat trips and services
- Development of innovative boat awnings products
Scope Of The Report
Report Attributes
Report Details
Report Title
Boat Awnings Market Research Report
By Type
Rigid Boat Awnings, Foldable Boat Awnings
By Application
Yachts, Kayaks and Canoes, Sailboats, Others
By Companies
Besenzoni, Taylor Made, VA-Varuste, Zadro Sails, ATN, SOL-MATES, T-TOP, EVAL, Nvequipment, multiplex, Oceansouth
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
138
Number of Tables & Figures
97
Customization Available
Yes, the report can be customized as per your need.
Global Boat Awnings Market Report Segments:
The global Boat Awnings market is segmented on the basis of:
Types
Rigid Boat Awnings, Foldable Boat Awnings
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
Yachts, Kayaks and Canoes, Sailboats, 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:
- Besenzoni
- Taylor Made
- VA-Varuste
- Zadro Sails
- ATN
- SOL-MATES
- T-TOP
- EVAL
- Nvequipment
- multiplex
- Oceansouth
Highlights of The Boat Awnings 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:
- Rigid Boat Awnings
- Foldable Boat Awnings
- By Application:
- Yachts
- Kayaks and Canoes
- Sailboats
- 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 Boat Awnings 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?
A boat awning is an accessory that can be added to a boat to provide shade and protection from the sun.
Some of the major companies in the boat awnings market are Besenzoni, Taylor Made, VA-Varuste, Zadro Sails, ATN, SOL-MATES, T-TOP, EVAL, Nvequipment, multiplex, Oceansouth.
The boat awnings market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Boat Awnings 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 Boat Awnings Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Boat Awnings 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 Boat Awnings 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 Boat Awnings Market Size & Forecast, 2020-2028
4.5.1 Boat Awnings Market Size and Y-o-Y Growth
4.5.2 Boat Awnings 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 Rigid Boat Awnings
5.2.2 Foldable Boat Awnings
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 Yachts
6.2.2 Kayaks and Canoes
6.2.3 Sailboats
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Boat Awnings 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 Boat Awnings 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 Rigid Boat Awnings
9.6.2 Foldable Boat Awnings
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 Yachts
9.10.2 Kayaks and Canoes
9.10.3 Sailboats
9.10.4 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 Rigid Boat Awnings
10.6.2 Foldable Boat Awnings
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 Yachts
10.10.2 Kayaks and Canoes
10.10.3 Sailboats
10.10.4 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 Rigid Boat Awnings
11.6.2 Foldable Boat Awnings
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 Yachts
11.10.2 Kayaks and Canoes
11.10.3 Sailboats
11.10.4 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 Rigid Boat Awnings
12.6.2 Foldable Boat Awnings
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 Yachts
12.10.2 Kayaks and Canoes
12.10.3 Sailboats
12.10.4 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 Rigid Boat Awnings
13.6.2 Foldable Boat Awnings
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 Yachts
13.10.2 Kayaks and Canoes
13.10.3 Sailboats
13.10.4 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 Boat Awnings Market: Competitive Dashboard
14.2 Global Boat Awnings Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Besenzoni
14.3.2 Taylor Made
14.3.3 VA-Varuste
14.3.4 Zadro Sails
14.3.5 ATN
14.3.6 SOL-MATES
14.3.7 T-TOP
14.3.8 EVAL
14.3.9 Nvequipment
14.3.10 multiplex
14.3.11 Oceansouth
