Global Outdoor Canopies Market Overview:
A canopy is an overhead roof instead of a structure over that a cloth or metal covering is hooked up, able to offer shade or shelter from an atmospheric condition like sun, hail, snow, and rain. A cover also can be a tent, usually without a floor. Architectural canopies embrace projections offering protection from the weather, or simply decoration. Such canopies are supported by the building to that they're connected and infrequently additionally by a ground mounting provided by not but two stanchions, or upright support posts.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Foldable and Portable Canopy setup
Market Growth Drivers:
Rising Use of Canopies in Commercial Applications like Restaurants, Exhibitions and Upsurge in Plant Preservation in Household from Harmful Sunrays and Extreme Weather Conditions
Challenges:
High Costs Are Required to Make Certain Types of Awnings andCanopies
Restraints:
Individuals Renting the Canopy instead of Buying have affected the Market and steep expenses could be required to carrying out developmental activities for the same
Opportunities:
Canopies with More Infused Protection Technology
Competitive Landscape:
The Global market for Outdoor Canopies is fragmented by key players owing to the demand for canopies in various applications like commercial applications and household applications. The emerging players should focus upon creative marketing and more coating infused canopies in order to cater to increasing demand for convenience to grab market share.
Some of the key players profiled in the report are Eide Industries Inc. (United States), Advanced Design Awnings & Signs (United States), Shade Structures Inc. (United States), Sunair Awnings (United States), Polco India Pvt Ltd (India), Extreme Canopy (United States), Caravan Canopy Sports (United States), Eurmax Canopy (United States), Impact Canopy Usa (United States) and Eagle Peak Canopy (United States). Additionally, following companies can also be profiled that are part of our coverage like Mastercanopy (Italy) and SunSetter Products (United States). Considering Market by Sales Channel, the sub-segment i.e. Online will boost the Outdoor Canopies market. Considering Market by Material Type, the sub-segment i.e. PTFE will boost the Outdoor Canopies market.
Latest Market Insights:
In November 2023, Quik Shade has launched a new instant canopy that uses a special fabric to keep the temperature inside the canopy cooler than the outside temperature. This product is perfect for hot summer days when you need a little shade and relief from the heat.
In October 2023, Ozark Trail, a popular brand of outdoor gear, has partnered with REI, a major outdoor retailer, to offer a co-branded line of outdoor canopies. This partnership will make Ozark Trail canopies more widely available to consumers and allow REI to offer a wider selection of canopy products.
Tents, canopies and membrane structures shall have a fire-resistant certification: California State Fire Marshal with approved seal or meets NFPA 701 flame retardant standards.
What Can be Explored with the Outdoor Canopies Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Outdoor Canopies Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Outdoor Canopies
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Outdoor Canopies market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Outdoor Canopies market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Outdoor Canopies Manufacturers, Commercial Event Management, Residential and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.