Global Awnings Fabric Market Overview:
An awning fabric is a type of supplemental cover or roof that helps to control intense sun exposure and heat that occurs both indoors as well as outdoors. The use of awning saves energy and can reduce temperatures by 8-15 degrees. It can also reduce air conditioning costs up to 25%. Awning fabrics come in all sizes, shapes, and materials. There are numerous materials are being used in awning fabrics such as vinyl, acrylic, polyester vinyl composite, metal, and other natural materials. Furthermore, it is extensively used by residential, commercial, and industrial sectors.
Attributes | Details |
---|
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:
Demand for Stronger, Quality Products
Market Growth Drivers:
Expanded Living Space and Sun Protection, Need For Beautification of the Building and Advancement in Fabric Material
Restraints:
Unreliability in Harsh Weather Condition and Expensive Pricing and Installation of Retractable Awning
Opportunities:
Technological Innovations in Mechanism
Competitive Landscape:
Some of the key players profiled in the report are Glen Raven, Inc. (United States), Recasens USA (United States), Twitchell Corp. (United States), Graniteville Specialty Fabrics (United States), TenCate (Netherlands), Marlen Textiles (United States), SunSetter (United States), Herculite (United States), Cooley (United States) and Para SpA (Italy). Additionally, following companies can also be profiled that are part of our coverage like Giovanardi GmbH (Germany), Schmitz-Werke GmbH (Germany), Sunesta (United States), SRF Limited (India), Sattler (United States) and weinor GmbH & Co. KG (Germany). Analyst at AMA Research see United States Vendors to retain maximum share of Global Awnings Fabric market by 2028. Considering Market by Sales Channel, the sub-segment i.e. Online will boost the Awnings Fabric market.
Latest Market Insights:
In August 2021, Heytex and Royal Ten Catemate acquired TenCate Outdoor Fabrics from Heytex Bramsche in Osnabruck, Germany. Combining technical expertise with a presence in the functional textile market allows Heytex to expand its presence in the market and enable TenCate Outdoor Fabrics to accelerate its growth potential. TenCate Outdoor Fabrics serves the European leisure tent and awning market.
On 19 Feb 2018, Weinor, a market leader of sun and rain protection, has planned to launch a new fabric collection for awnings in the market. The collections consist of a variety of modern acrylic and polyester fabrics in three parts, which each appeal to different types of customers.
What Can be Explored with the Awnings Fabric Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Awnings Fabric Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Awnings Fabric
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 Awnings Fabric 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 Awnings Fabric 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 Awnings Fabrics Manufacturers, Awnings Fabrics Raw Material Suppliers, Awnings Fabrics Traders/Distributors, Awnings Fabrics Importer/Exporter, Awnings Fabrics Industry Association and Downstream Vendors.
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.