Global Retractable Awnings Market Research Report 2023

Report ID: 1917923 | Published Date: Jan 2025 | No. of Page: 93 | Base Year: 2024 | Rating: 4.3 | Webstory: Check our Web story

Retractable awnings are an ideal way to block sun and rain on a patio or deck without permanently altering a structure or erecting obstructive support poles.
Market Analysis and Insights: Global Retractable Awnings Market
Due to the COVID-19 pandemic, the global Retractable Awnings market size is estimated to be worth US$ 2716.2 million in 2022 and is forecast to a readjusted size of US$ 3831.3 million by 2028 with a CAGR of 5.9% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Manual Retractable Awning accounting for % of the Retractable Awnings global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Residential segment is altered to an % CAGR throughout this forecast period.
Significant growth opportunities can be grabbed in the retractable awnings market with growing renovations and remodeling of houses and commercial spaces across the world. Furthermore, the demand for retractable awnings is expected to increase with increasing number of eateries, cafes and quick service restaurants that employ retractable awnings, considering them as an additional means of brand image visibility apart from their regular functionality.
Global Retractable Awnings Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Retractable Awnings Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Manual Retractable Awning
Motorized Retractable Awning
Segment by Application
Residential
Commercial
By Company
Thule Group
Stobag
SunSetter Awnings
Markilux
Thompson Awnings
Eclipse Awning System
Awntech Corporation
Niantic Awning
Eastern Awning Systems
SunAIR Awnings & Solar Screens
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina

Frequently Asked Questions
Retractable Awnings report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
Retractable Awnings report is categorised based on following features:
  1. Global Market Players
  2. Geopolitical regions
  3. Consumer Insights
  4. Technological advancement
  5. Historic and Future Analysis of the Market
Retractable Awnings report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.

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