The Awnings Fabric market is projected to witness a significant growth during the forecast period. Factors such as expanded living space and sun protection, advances in fabric material, and beautification of the luxurious building drive the growth of the market. In addition, smart awnings with sensors to retract the structure in stormy or rainy weather is expected to propel the growth of the global awning industry. Moreover, fabrics and sheets that are available in different colours and patterns provide numerous opportunities to customers.
However, price volatility, and stringent regulatory barriers and advancements in the fabric materials are likely to hinder the growth of the Awnings Fabric market during the forecast period.
Covid-19 Impact on Awnings Fabric Market:
The ongoing COVID-19 pandemic conditions has severely affected every sector around the world. Whereas, the chemicals and materials sectors moderately affected during the pandemic. This is primarily due to uncut demand of chemicals for healthcare, life science and cleaning agents. However, other elements of chemical and material sectors such as paints, industrial oil, construction materials are facing diminution in demand. Strict lockdown resulted in nearly 50-60% reduction in supply for raw materials, which directly affected the manufacturing process. Further, halt on many end use industries directly affected the chemical demand all around the world.
Awnings Fabric Market Segment Overview
By type, the awning fabrics market is segmented into canvas awning fabric, acrylic awning fabric, vinyl awning fabrics, polyester fabrics, and others. The acrylic awning fabrics segment is expected to account for maximum market share in 2019. Factors such as durability and repelling water effectively are increasing demand acrylic awning fabrics in the market.
By application, the awning fabrics market is segmented into residential, commercial, and industrial. The residential segment is expected to account for maximum market share in 2019. Since there is increasing investment in residential spaces since past few years, the demand for awning fabric for residential applications is gradually increasing. Thus, enhancing the growth during the forecast period.
Market Analysis, Insights and Forecast – By Type
· As Canvas Awning Fabric
· Acrylic Awning Fabric
· Vinyl Awning Fabrics
· Polyester Fabrics
· Others
Market Analysis, Insights, and Forecast – By Application
· Residential
· Commercial
· Industrial Sectors
Awnings Fabric Market Regional Overview
The regional analysis includes adoption of Awnings Fabric products across North America, Europe, Asia-Pacific (APAC), Latin America Middle East & Africa (MEA). North America accounted for largest market share in 2020, in the Awnings Fabric market. The US is the most lucrative market in North America driving the demand for global Awnings Fabric market growth. Factors such as growing focus on home and building luxury, changing lifestyle and growing disposable income are largely contributing to the growth of Awnings Fabric market in North American region.
Awnings Fabric Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Awnings Fabric Market Competitor overview
Some key developments and strategies adopted by manufacturers in the Awnings Fabric are highlighted below.
· In February 2019, Recasens added Industrial Solutions Inc. (IIS) as its newest U.S.-based master distributor. The new partnership will provide greater access to the Recasens line of European-designed fabrics for fabricators and designers in the awning, marine and decor industries.
Awnings Fabric Market, Key Players
· Glen Raven, Inc.
· Recasens USA
· Twitchell
· Graniteville
· TenCate
· Marlen Textiles
· SunSetter
· Herculite
· Cooley
· Para SpA
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Awnings Fabric Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Type
- 5.2.1. As Canvas Awning Fabric
- 5.2.2. Acrylic Awning Fabric
- 5.2.3. Vinyl Awning Fabrics
- 5.2.4. Polyester Fabrics
- 5.2.5. Others
- 5.3. Market Analysis, Insights, and Forecast – By Application
- 5.3.1. Residential
- 5.3.2. Commercial
- 5.4. Industrial SectorsMarket Analysis, Insights and Forecast – By Region
- 5.4.1. North America
- 5.4.2. Europe
- 5.4.3. Asia Pacific
- 5.4.4. Latin America, Middle East, and Africa
6. North America Awnings Fabric Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Type
- 6.2.1. As Canvas Awning Fabric
- 6.2.2. Acrylic Awning Fabric
- 6.2.3. Vinyl Awning Fabrics
- 6.2.4. Polyester Fabrics
- 6.2.5. Others
- 6.3. Market Analysis, Insights, and Forecast – By Application
- 6.3.1. Residential
- 6.3.2. Commercial
- 6.4. Market Analysis, Insights and Forecast – By Country
- 6.4.1. U.S.
- 6.4.2. Canada
7. Europe Awnings Fabric Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Type
- 7.2.1. As Canvas Awning Fabric
- 7.2.2. Acrylic Awning Fabric
- 7.2.3. Vinyl Awning Fabrics
- 7.2.4. Polyester Fabrics
- 7.2.5. Others
- 7.3. Market Analysis, Insights, and Forecast – By Application
- 7.3.1. Residential
- 7.3.2. Commercial
- 7.4. Market Analysis, Insights and Forecast – By Country
- 7.4.1. UK
- 7.4.2. Germany
- 7.4.3. France
- 7.4.4. Italy
- 7.4.5. Spain
- 7.4.6. Russia
- 7.4.7. Rest of Europe
8. Asia Pacific Awnings Fabric Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Type
- 8.2.1. As Canvas Awning Fabric
- 8.2.2. Acrylic Awning Fabric
- 8.2.3. Vinyl Awning Fabrics
- 8.2.4. Polyester Fabrics
- 8.2.5. Others
- 8.3. Market Analysis, Insights, and Forecast – By Application
- 8.3.1. Residential
- 8.3.2. Commercial
- 8.4. Market Analysis, Insights and Forecast – By Country
- 8.4.1. China
- 8.4.2. India
- 8.4.3. Japan
- 8.4.4. Australia
- 8.4.5. South East Asia
- 8.4.6. Rest of Asia Pacific
9. Latin America, Middle East, and Africa Awnings Fabric Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Type
- 9.2.1. As Canvas Awning Fabric
- 9.2.2. Acrylic Awning Fabric
- 9.2.3. Vinyl Awning Fabrics
- 9.2.4. Polyester Fabrics
- 9.2.5. Others
- 9.3. Market Analysis, Insights, and Forecast – By Application
- 9.3.1. Residential
- 9.3.2. Commercial
- 9.4. Market Analysis, Insights and Forecast – By Country
- 9.4.1. Brazil
- 9.4.2. Saudi Arabia
- 9.4.3. UAE
- 9.4.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2020
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. Glen Raven, Inc.
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. Recasens USA
- 10.6. Twitchell
- 10.7. Graniteville
- 10.8. TenCate
- 10.9. Marlen Textiles
- 10.10. SunSetter
- 10.11. Herculite
- 10.12. Cooley
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
