Market Overview:
The global freestanding retractable awnings and pergola 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 outdoor living spaces, rising disposable income, and growing awareness about the benefits of using retractable awnings and pergolas. The global freestanding retractable awnings and pergola market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into manual and motorized. The manual segment dominates the global freestanding retractable awnings and pergola market owing to its low cost as compared to motorized systems. However, with technological advancements in motorized systems such as solar-powered motors that do not require any external power supply, this segment is expected to witness high growth during the forecast period from 2018 to 2030. On the basis of application, hotel holds majority share in terms of revenue contribution in 2017; however residential applications are projected register highest CAGR over next 10 years owing increase in construction spending across globe coupled with changing lifestyle trends which has led people shift towards luxurious homes with outdoor living spaces including decks & patios etc.
Product Definition:
A freestanding retractable awning or pergola is an outdoor structure that is not attached to a building. Freestanding retractable awnings and pergolas are important for shading outdoor spaces from the sun and rain. They can also be used to create sheltered areas for relaxing or dining.
Manual:
Manual retractable awnings and pergola are gaining popularity among consumers due to its easy usage, installation process and low maintenance cost. The market is expected to witness significant growth over the forecast period owing to growing consumer awareness regarding advanced products in the outdoor living space.
Motorized:
Motorized and it's usage in Freestanding Retractable Awnings.
The global motorized and it's usage in freestanding retractable awnings and pergola market size was valued at USD 1.6 billion in 2015. The growing demand for energy-efficient solutions is expected to drive the industry growth over the forecast period.
Application Insights:
The market is segmented on the basis of application into hotel, residential, restaurant, public places, and caf© and bar. The hotel application segment accounted for the largest share in 2017. Freestanding awnings and pergolas are widely used as an exterior addition to hotels to enhance its aesthetic value. Furthermore, they provide additional seating areas along with protection from harsh sun rays by shading occupants from direct exposure during the day time hours. This factor is projected to fuel product demand over the forecast period especially in regions where weather conditions do not permit outdoor seating during daytime such as North America and Europe.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to retain its dominance throughout the forecast period owing to growing product demand from residential as well as commercial applications. Moreover, increasing awareness regarding energy conservation and sustainable building materials is projected to further propel product demand in this region over the forecast period.
Asia Pacific is anticipated to be one of the fastest-growing regions during the same period owing to rapid urbanization and growing population especially in China and India which are some of the major consumers of free-standing retractable awnings and pergolas globally. In addition, rising disposable income coupled with expanding middle class population groups will drive regional growth over next eight years or so.
Growth Factors:
- Increasing demand for outdoor living spaces: The popularity of outdoor living spaces is increasing among homeowners. This is driving the demand for freestanding retractable awnings and pergolas, which can be used to create an outdoor living space.
- Rising income levels: Rising income levels are enabling more people to invest in home improvement projects, including the installation of freestanding retractable awnings and pergolas.
- Growing awareness about the benefits of using freestanding retractable awnings and pergolas: There is growing awareness about the benefits of using freestanding retractable awnings and pergolas, such as increased privacy, protection from sun and rain, etc. This is driving their adoption among homeowners.
- Technological advancements: Technological advancements are resulting in better-quality freestanding retractable awnings and pergolas that are easier to install and operate. This is boosting their adoption among homeowners.
Scope Of The Report
Report Attributes
Report Details
Report Title
Freestanding Retractable Awnings and Pergola Market Research Report
By Type
Manual, Motorized
By Application
Hotel, Residential, Restaurant, Public Places, Café and Bar, Others
By Companies
Markilux, Stobag AG, Brustor, Sunsetter Oasis, ACME Sunshades Enterprise Inc, Retractable Awnings, Ohio Awning, Awntech, FT AWNING CO.,LTD, Sunair Awnings, KE USA, ShadeFX, FIM Srl, Lodon Awnings, Hurricane Proof, Eclipse
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
217
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Freestanding Retractable Awnings and Pergola Market Report Segments:
The global Freestanding Retractable Awnings and Pergola market is segmented on the basis of:
Types
Manual, Motorized
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
Hotel, Residential, Restaurant, Public Places, Café and Bar, 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:
- Markilux
- Stobag AG
- Brustor
- Sunsetter Oasis
- ACME Sunshades Enterprise Inc
- Retractable Awnings
- Ohio Awning
- Awntech
- FT AWNING CO.,LTD
- Sunair Awnings
- KE USA
- ShadeFX
- FIM Srl
- Lodon Awnings
- Hurricane Proof
- Eclipse
Highlights of The Freestanding Retractable Awnings and Pergola 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:
- Manual
- Motorized
- By Application:
- Hotel
- Residential
- Restaurant
- Public Places
- Café and Bar
- 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 Freestanding Retractable Awnings and Pergola 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.
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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?
Freestanding retractable awnings and pergolas are typically made from aluminum or steel, and can be opened or closed using a motorized system. They are often used as an outdoor living space, providing shade and protection from the sun.
Some of the key players operating in the freestanding retractable awnings and pergola market are Markilux, Stobag AG, Brustor, Sunsetter Oasis, ACME Sunshades Enterprise Inc, Retractable Awnings, Ohio Awning, Awntech, FT AWNING CO.,LTD, Sunair Awnings, KE USA, ShadeFX, FIM Srl, Lodon Awnings, Hurricane Proof, Eclipse.
The freestanding retractable awnings and pergola 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 Freestanding Retractable Awnings and Pergola 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 Freestanding Retractable Awnings and Pergola Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Freestanding Retractable Awnings and Pergola 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 Freestanding Retractable Awnings and Pergola 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 Freestanding Retractable Awnings and Pergola Market Size & Forecast, 2018-2028
4.5.1 Freestanding Retractable Awnings and Pergola Market Size and Y-o-Y Growth
4.5.2 Freestanding Retractable Awnings and Pergola Market Absolute $ Opportunity
Chapter 5 Global Freestanding Retractable Awnings and Pergola 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 Freestanding Retractable Awnings and Pergola Market Size Forecast by Type
5.2.1 Manual
5.2.2 Motorized
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Freestanding Retractable Awnings and Pergola 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 Freestanding Retractable Awnings and Pergola Market Size Forecast by Applications
6.2.1 Hotel
6.2.2 Residential
6.2.3 Restaurant
6.2.4 Public Places
6.2.5 Café and Bar
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Freestanding Retractable Awnings and Pergola 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 Freestanding Retractable Awnings and Pergola 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 Freestanding Retractable Awnings and Pergola Analysis and Forecast
9.1 Introduction
9.2 North America Freestanding Retractable Awnings and Pergola 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 Freestanding Retractable Awnings and Pergola Market Size Forecast by Type
9.6.1 Manual
9.6.2 Motorized
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 Freestanding Retractable Awnings and Pergola Market Size Forecast by Applications
9.10.1 Hotel
9.10.2 Residential
9.10.3 Restaurant
9.10.4 Public Places
9.10.5 Café and Bar
9.10.6 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 Freestanding Retractable Awnings and Pergola Analysis and Forecast
10.1 Introduction
10.2 Europe Freestanding Retractable Awnings and Pergola 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 Freestanding Retractable Awnings and Pergola Market Size Forecast by Type
10.6.1 Manual
10.6.2 Motorized
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 Freestanding Retractable Awnings and Pergola Market Size Forecast by Applications
10.10.1 Hotel
10.10.2 Residential
10.10.3 Restaurant
10.10.4 Public Places
10.10.5 Café and Bar
10.10.6 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 Freestanding Retractable Awnings and Pergola Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Freestanding Retractable Awnings and Pergola 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 Freestanding Retractable Awnings and Pergola Market Size Forecast by Type
11.6.1 Manual
11.6.2 Motorized
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 Freestanding Retractable Awnings and Pergola Market Size Forecast by Applications
11.10.1 Hotel
11.10.2 Residential
11.10.3 Restaurant
11.10.4 Public Places
11.10.5 Café and Bar
11.10.6 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 Freestanding Retractable Awnings and Pergola Analysis and Forecast
12.1 Introduction
12.2 Latin America Freestanding Retractable Awnings and Pergola 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 Freestanding Retractable Awnings and Pergola Market Size Forecast by Type
12.6.1 Manual
12.6.2 Motorized
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 Freestanding Retractable Awnings and Pergola Market Size Forecast by Applications
12.10.1 Hotel
12.10.2 Residential
12.10.3 Restaurant
12.10.4 Public Places
12.10.5 Café and Bar
12.10.6 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) Freestanding Retractable Awnings and Pergola Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Freestanding Retractable Awnings and Pergola 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) Freestanding Retractable Awnings and Pergola Market Size Forecast by Type
13.6.1 Manual
13.6.2 Motorized
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) Freestanding Retractable Awnings and Pergola Market Size Forecast by Applications
13.10.1 Hotel
13.10.2 Residential
13.10.3 Restaurant
13.10.4 Public Places
13.10.5 Café and Bar
13.10.6 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 Freestanding Retractable Awnings and Pergola Market: Competitive Dashboard
14.2 Global Freestanding Retractable Awnings and Pergola Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Markilux
14.3.2 Stobag AG
14.3.3 Brustor
14.3.4 Sunsetter Oasis
14.3.5 ACME Sunshades Enterprise Inc
14.3.6 Retractable Awnings
14.3.7 Ohio Awning
14.3.8 Awntech
14.3.9 FT AWNING CO.,LTD
14.3.10 Sunair Awnings
14.3.11 KE USA
14.3.12 ShadeFX
14.3.13 FIM Srl
14.3.14 Lodon Awnings
14.3.15 Hurricane Proof
14.3.16 Eclipse
