Market Overview:
The global motorized 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 motorized retractable awnings and pergolas in commercial applications, such as hotels, caf©s, restaurants, and public places. In addition, the growing demand for these products in residential applications is also contributing to the growth of this market. The global motorized retractable awnings and pergola market can be segmented on the basis of type into fabric, PVC, and others. The fabric segment is expected to account for the majority share of this market during the forecast period owing to its low cost as compared to other types of materials used in manufacturing these products. On the basis of application, this market can be divided into hotel & caf©s, residential buildings & complexes (including single-family homes), restaurants & food service establishments (FSEs), public places (such as transportation terminals or stadiums), and others (including industrial facilities or warehouses).
Product Definition:
Motorized retractable awnings and pergolas are structures that can be retracted or extended manually or with the help of a motor. They are typically used to provide shade or shelter from the elements, but can also be used for decorative purposes. Motorized retractable awnings and pergolas are important because they provide protection from the sun and wind, while also adding beauty and functionality to your home.
Fabric:
Fabric is the flexible material which is used to make awnings, pergola and motorized retractable roof. Awnings are widely used in residential as well as commercial places for protection from sun, rain or any other harmful rays. It also provides an attractive look to the building structure. The growth factor of a fabric depends on various factors such as type of yarns/filament, needle size, density and construction methods among others.
PVC:
PVC or Polyvinyl Chloride is a thermoplastic polymer with excellent chemical and mechanical properties. It can be easily processed, molded, extruded and recycled. PVC is used in various sectors including construction, furniture & interiors among others owing to its unique properties which include high strength, flexibility at low temperatures resistance to UV light & high temperature resistance to chemicals like solvents and acids.
Application Insights:
The market is segmented by application into a hotel and café, residential, restaurant, public places and others. The hotel and café segment dominated the global industry in 2017 with a revenue share of over 60%. This high share can be attributed to the rising number of construction projects across the globe that include hotels or cafes. Awnings enhance curb appeal by creating an attractive first impression with their decorative panels while shielding pedestrians from harsh sun rays. These elements also help create an airy feel within the building interiors which further boosts their demand among various end-use segments such as hotels or cafes.
The residential application segment is expected to witness significant growth over the forecast period owing to increasing urbanization trends across various regions including Asia Pacific and Middle East & Africa where people are moving towards compact living spaces in order to minimize space requirements at affordable prices for 1-room apartments or small houses.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region’s growth can be attributed to increasing product demand from countries, such as China, India, Japan, and Australia. In addition, rising disposable income levels are anticipated to fuel product adoption across this region. Furthermore retractable awnings offer cost-effective solutions for covering outdoor areas of restaurants and hotels thereby boosting regional demand.
The Asia Pacific market is characterized by high growth opportunities for retractable awnings in emerging economies due to rapidly expanding commercial sector coupled with growing tourism industry in these regions which requires proper infrastructure facilities for hosting events or accommodation of large number of tourists resulting into increased spending on hospitality sector including hotels/motels/inns or resorts that require proper outdoor facility coverings thus driving regional product adoption over the forecast period.
Growth Factors:
- Increasing demand for motorized retractable awnings and pergolas in the residential sector as they offer an easy way to extend living space and provide shade from the sun.
- Growing popularity of outdoor living spaces, which has led to an increase in demand for motorized retractable awnings and pergolas as they can be used to create shaded areas for relaxation and dining.
- Rising awareness about the benefits of using motorized retractable awnings and pergolas, such as protection from the sun's harmful UV rays, wind protection, privacy, etc.
- Technological advancements that have led to the development of more efficient motors and controls systems for retractable awnings and pergolas, making them easier to operate than ever before. 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Motorized Retractable Awnings and Pergola Market Research Report
By Type
Fabric, PVC, Others
By Application
Hotel & Café, Residential, Restaurant, Public Places, Others
By Companies
Stobag AG, Brustor, Retractable Awnings, Ohio Awning, FT AWNING, Eclipse, ShadeFX, Stobag AG
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
214
Number of Tables & Figures
150
Customization Available
Yes, the report can be customized as per your need.
Global Motorized Retractable Awnings and Pergola Market Report Segments:
The global Motorized Retractable Awnings and Pergola market is segmented on the basis of:
Types
Fabric, PVC, Others
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 & Café, Residential, Restaurant, Public Places, 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:
- Stobag AG
- Brustor
- Retractable Awnings
- Ohio Awning
- FT AWNING
- Eclipse
- ShadeFX
- Stobag AG
Highlights of The Motorized 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:
- Fabric
- PVC
- Others
- By Application:
- Hotel & Café
- Residential
- Restaurant
- Public Places
- 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 Motorized 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?
Motorized retractable awnings and pergolas are systems that allow you to open and close your awning or pergola using an electric motor. This allows you to control the amount of shade available on your patio or deck, as well as the temperature.
Some of the key players operating in the motorized retractable awnings and pergola market are Stobag AG, Brustor, Retractable Awnings, Ohio Awning, FT AWNING, Eclipse, ShadeFX, Stobag AG.
The motorized 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 Motorized 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 Motorized Retractable Awnings and Pergola Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Motorized 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 Motorized 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 Motorized Retractable Awnings and Pergola Market Size & Forecast, 2018-2028 4.5.1 Motorized Retractable Awnings and Pergola Market Size and Y-o-Y Growth 4.5.2 Motorized Retractable Awnings and Pergola Market Absolute $ Opportunity
Chapter 5 Global Motorized 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 Motorized Retractable Awnings and Pergola Market Size Forecast by Type
5.2.1 Fabric
5.2.2 PVC
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Motorized 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 Motorized Retractable Awnings and Pergola Market Size Forecast by Applications
6.2.1 Hotel & Café
6.2.2 Residential
6.2.3 Restaurant
6.2.4 Public Places
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Motorized 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 Motorized 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 Motorized Retractable Awnings and Pergola Analysis and Forecast
9.1 Introduction
9.2 North America Motorized 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 Motorized Retractable Awnings and Pergola Market Size Forecast by Type
9.6.1 Fabric
9.6.2 PVC
9.6.3 Others
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 Motorized Retractable Awnings and Pergola Market Size Forecast by Applications
9.10.1 Hotel & Café
9.10.2 Residential
9.10.3 Restaurant
9.10.4 Public Places
9.10.5 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 Motorized Retractable Awnings and Pergola Analysis and Forecast
10.1 Introduction
10.2 Europe Motorized 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 Motorized Retractable Awnings and Pergola Market Size Forecast by Type
10.6.1 Fabric
10.6.2 PVC
10.6.3 Others
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 Motorized Retractable Awnings and Pergola Market Size Forecast by Applications
10.10.1 Hotel & Café
10.10.2 Residential
10.10.3 Restaurant
10.10.4 Public Places
10.10.5 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 Motorized Retractable Awnings and Pergola Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Motorized 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 Motorized Retractable Awnings and Pergola Market Size Forecast by Type
11.6.1 Fabric
11.6.2 PVC
11.6.3 Others
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 Motorized Retractable Awnings and Pergola Market Size Forecast by Applications
11.10.1 Hotel & Café
11.10.2 Residential
11.10.3 Restaurant
11.10.4 Public Places
11.10.5 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 Motorized Retractable Awnings and Pergola Analysis and Forecast
12.1 Introduction
12.2 Latin America Motorized 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 Motorized Retractable Awnings and Pergola Market Size Forecast by Type
12.6.1 Fabric
12.6.2 PVC
12.6.3 Others
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 Motorized Retractable Awnings and Pergola Market Size Forecast by Applications
12.10.1 Hotel & Café
12.10.2 Residential
12.10.3 Restaurant
12.10.4 Public Places
12.10.5 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) Motorized Retractable Awnings and Pergola Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Motorized 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) Motorized Retractable Awnings and Pergola Market Size Forecast by Type
13.6.1 Fabric
13.6.2 PVC
13.6.3 Others
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) Motorized Retractable Awnings and Pergola Market Size Forecast by Applications
13.10.1 Hotel & Café
13.10.2 Residential
13.10.3 Restaurant
13.10.4 Public Places
13.10.5 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 Motorized Retractable Awnings and Pergola Market: Competitive Dashboard
14.2 Global Motorized Retractable Awnings and Pergola Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Stobag AG
14.3.2 Brustor
14.3.3 Retractable Awnings
14.3.4 Ohio Awning
14.3.5 FT AWNING
14.3.6 Eclipse
14.3.7 ShadeFX
14.3.8 Stobag AG