Market Overview:
The global canopy market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The market growth is attributed to the increasing demand for canopies in residential and non-residential applications. PVC material is the most commonly used material in the global canopy market, followed by ETFE material and PTFE material. Asia Pacific is expected to be the fastest growing region during the forecast period, owing to the increasing demand for canopies from countries such as China and India.
Product Definition:
A canopy is a roof-like structure that covers an area or thing. The importance of canopy is that it can provide shade, which can help keep people and things cool.
PTFE Material:
It has excellent chemical resistance, high tensile strength, and low thermal conductivity. PTFE materials are widely used in the manufacturing of kitchenware such as pots & pans and other cookware due to its non-stick properties which make it easier to cook food with less oil or fat.
ETFE Material:
ETFE (Ethylene Tetrafluoroethylene) is a non-reactive, thermoplastic elastomer with excellent chemical and mechanical properties. It has high resistance to UV light and good insulation properties. It can be blended into polyolefins, including HDPE and LLDPE, to improve their physical characteristics as well as provide them with new functionalities.
Application Insights:
The residential application segment accounted for the largest share of over 70.0% in 2017. Canopies are widely used in residential applications including hotels, restaurants, hospitals, educational institutions and others. The increasing number of tourist arrivals at various international destinations has boosted the demand for canopies in the tourism industry which is expected to drive growth over the forecast period.
Canopy structures provide protection from extreme weather conditions such as rainstorms and snowfall by shielding occupants from direct contact with elements such as rainwater and windblown debris. Increasing consumer spending on comfort while traveling has driven demand for lightweight portable canopies that travelers can easily transport along with them during their trips thereby contributing to market growth across regions globally.
Regional Analysis:
North America dominated the global market in 2017. The growth is attributed to the presence of key players, high demand for green buildings, and favorable government policies promoting energy conservation. Europe accounted for a significant share in terms of revenue and is expected to witness steady growth over the forecast period owing to rising product demand from residential as well as non-residential applications.
Asia Pacific is anticipated to register fastest CAGR over the forecast period due to rapid urbanization coupled with increasing construction activities in emerging economies such as China and India. Furthermore, supportive government initiatives aimed at encouraging sustainable building practices are also expected favorably impact industry growth over the next eight years ending on 28th August 2030). In addition, growing awareness regarding carbon emission reduction programs will further propel product demand from 2018 till 2030 ending on 28th August 2030).
Growth Factors:
- Increasing demand for cannabis products due to its medicinal properties.
- Growing legalization of cannabis for recreational and medical use across the globe.
- Rising investment in research and development of cannabis-based products.
- Technological advancements in extraction and production processes of cannabis products
Scope Of The Report
Report Attributes
Report Details
Report Title
Canopy Market Research Report
By Type
PTFE Material, ETFE Material, PVC Material, Other
By Application
Residential, Non-residential
By Companies
Eide Industries, Advanced Design Awnings & Signs, Sunair Awnings, Shade Structures, Canopies UK, Lawrence Fabric & Metal Structures, Shade Structures, Impact Canopy, KD Kanopy, JAY JAY Enterprise, Eide Industries
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
185
Number of Tables & Figures
130
Customization Available
Yes, the report can be customized as per your need.
Global Canopy Market Report Segments:
The global Canopy market is segmented on the basis of:
Types
PTFE Material, ETFE Material, PVC Material, Other
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
Residential, Non-residential
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:
- Eide Industries
- Advanced Design Awnings & Signs
- Sunair Awnings
- Shade Structures
- Canopies UK
- Lawrence Fabric & Metal Structures
- Shade Structures
- Impact Canopy
- KD Kanopy
- JAY JAY Enterprise
- Eide Industries
Highlights of The Canopy 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:
- PTFE Material
- ETFE Material
- PVC Material
- Other
- By Application:
- Residential
- Non-residential
- 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 Canopy 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?
Canopy is a blockchain-based platform that allows users to buy and sell products and services using cryptocurrency. The company was founded in 2017 by CEO Ryan Zagone and CTO Amir Bandeali.
Some of the major companies in the canopy market are Eide Industries, Advanced Design Awnings & Signs, Sunair Awnings, Shade Structures, Canopies UK, Lawrence Fabric & Metal Structures, Shade Structures, Impact Canopy, KD Kanopy, JAY JAY Enterprise, Eide Industries.
The canopy market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Canopy 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 Canopy Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Canopy 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 Canopy 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 Canopy Market Size & Forecast, 2018-2028
4.5.1 Canopy Market Size and Y-o-Y Growth
4.5.2 Canopy Market Absolute $ Opportunity
Chapter 5 Global Canopy 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 Canopy Market Size Forecast by Type
5.2.1 PTFE Material
5.2.2 ETFE Material
5.2.3 PVC Material
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Canopy 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 Canopy Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Non-residential
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Canopy 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 Canopy 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 Canopy Analysis and Forecast
9.1 Introduction
9.2 North America Canopy 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 Canopy Market Size Forecast by Type
9.6.1 PTFE Material
9.6.2 ETFE Material
9.6.3 PVC Material
9.6.4 Other
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 Canopy Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Non-residential
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 Canopy Analysis and Forecast
10.1 Introduction
10.2 Europe Canopy 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 Canopy Market Size Forecast by Type
10.6.1 PTFE Material
10.6.2 ETFE Material
10.6.3 PVC Material
10.6.4 Other
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 Canopy Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Non-residential
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 Canopy Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Canopy 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 Canopy Market Size Forecast by Type
11.6.1 PTFE Material
11.6.2 ETFE Material
11.6.3 PVC Material
11.6.4 Other
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 Canopy Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Non-residential
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 Canopy Analysis and Forecast
12.1 Introduction
12.2 Latin America Canopy 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 Canopy Market Size Forecast by Type
12.6.1 PTFE Material
12.6.2 ETFE Material
12.6.3 PVC Material
12.6.4 Other
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 Canopy Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Non-residential
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) Canopy Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Canopy 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) Canopy Market Size Forecast by Type
13.6.1 PTFE Material
13.6.2 ETFE Material
13.6.3 PVC Material
13.6.4 Other
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) Canopy Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Non-residential
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 Canopy Market: Competitive Dashboard
14.2 Global Canopy Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Eide Industries
14.3.2 Advanced Design Awnings & Signs
14.3.3 Sunair Awnings
14.3.4 Shade Structures
14.3.5 Canopies UK
14.3.6 Lawrence Fabric & Metal Structures
14.3.7 Shade Structures
14.3.8 Impact Canopy
14.3.9 KD Kanopy
14.3.10 JAY JAY Enterprise
14.3.11 Eide Industries
