Global Awnings Fabric Market Growth 2023-2029

Global Awnings Fabric Market Growth 2023-2029

Awning fabrics are very different from other textiles. They have an advanced set of properties which allow them to withstand annual changes in temperature, along with the other challenges posed by life outdoors, including UV lightening and damage caused by rain or dirt. They are strong enough to resist tearing effectively, even on seams and hems, and stay taut despite being opened and closed thousands of times.

Awnings were once made from canvas. Acrylic was a synthetic alternative which replaced canvas in the early 1960s, while polyester arrived in recent years using environmentally-conscious manufacturing processes. Acrylic looks and feels like canvas, while polyester has a thinner, flatter texture with a matt surface. Polyester’s more recent development meant a high-tech composition, with advantages in terms of strength, light fastness, UVA and UVB projection and nano-coatings. Acrylic has developed and now offers similar properties in these areas. Therefore the main difference is in the texture and feel of the fabric. Synthetic awning fabric is generally made from vinyl, acrylic, polyester, or a combination of any of the three. The way that synthetic fabric is formed and how it is coated, backed, and dyed will all make a difference in how it performances.

LPI (LP Information)' newest research report, the “Awnings Fabric Industry Forecast” looks at past sales and reviews total world Awnings Fabric sales in 2022, providing a comprehensive analysis by region and market sector of projected Awnings Fabric sales for 2023 through 2029. With Awnings Fabric sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Awnings Fabric industry.

This Insight Report provides a comprehensive analysis of the global Awnings Fabric landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Awnings Fabric portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Awnings Fabric market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Awnings Fabric and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Awnings Fabric.

The global Awnings Fabric market size is projected to grow from US$ 274.9 million in 2022 to US$ 324.2 million in 2029; it is expected to grow at a CAGR of 324.2 from 2023 to 2029.

Global Awnings Fabric key players include Glen Raven, Inc, Recasens USA, Twitchell , Graniteville, TenCate, etc. Global top five players hold a share about 25%.

Europe is the largest market, with a share about 40%, followed by North America and Asia-Pacific, having a total share about 50 percent.

In terms of product, Acrylic Awning Fabric is the largest segment, with a share about 45%. And in terms of application, the largest application is Commercial, followed by Residential and Industrial.

This report presents a comprehensive overview, market shares, and growth opportunities of Awnings Fabric market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Canvas Awning Fabric

Acrylic Awning Fabric

Vinyl Awning Fabrics

Polyester Fabrics

Others

Segmentation by application

Residential

Commercial

Industrial

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Glen Raven, Inc

Recasens USA

Twitchell

Graniteville

TenCate

Marlen Textiles

SunSetter

Herculite

Cooley

Para SpA

Giovanardi GmbH

Schmitz-Werke GmbH

Sunesta

SRF Limited

Sattler

Key Questions Addressed in this Report

What is the 10-year outlook for the global Awnings Fabric market?

What factors are driving Awnings Fabric market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Awnings Fabric market opportunities vary by end market size?

How does Awnings Fabric break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.