Tent, Awning & Canvas Manufacturing in the US - Industry Market Research Report

Tent, Awning & Canvas Manufacturing in the US - Industry Market Research Report

Tent, Awning & Canvas Manufacturing in the US

Tent, awning and canvas manufacturers produce a variety of canvas and canvas-related goods with a wide array of purposes. Canvas mills serve multiple downstream markets and can diversify their offerings. Despite the effects of the pandemic, tarps, tents and canvas facemasks were crucial to helping stave off the virus, allowing manufacturers to have a steady flow of sales amid economic turmoil. Even so, volatility in the world price of cotton, the primary material used in production, constrained profit. Overall, industry revenue is expected to grow at a CAGR of 5.6% over the five years, including an estimated 1.9% rise in the current year and total $3.6 billion in 2023.

This industry manufactures canvas and canvas-like products, such as awnings, sails, tarpaulins and tents, from purchased fabrics.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.