Awning Market Witnessing Stunning Growth with Top Players Awning Company of America, Carroll Awning, Eide Industries, KE Durasol, Marygrove awning
According to Allied Market Research, the global awning market is estimated to reach $11.04 billion in 2025, registering a CAGR of 6.2% from 2018 to 2025. The demand for beautification of the building expanded living space and sun production, and innovations in fabric materials are the prime drivers of the market growth.
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The key players profiled in this report include Advanced Design Awning & Sign, Awning Company of America, Carroll Awning, Eide Industries, KE Durasol, Marygrove awning, NuImage Awnings, Sunair Awnings, Sunesta, and Sunsetter Products.
Awnings are no longer as simple as they were in the 80s. New construction designs, few fabrics, and new gadgetry such as self-retractable awnings have transformed the old versions. Here are the newest trends of awning that are perfectly suitable for offices.
Awning Key Market Segments :
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Key Findings of the Awning Market :
Based on type, the retractable segment is projected to grow at the highest CAGR of 7.3% during the forecast period.
Asia-Pacific generated the highest revenue in 2017 and is anticipated to grow at the highest CAGR.
The patio segment generated the highest revenue in 2017 and is estimated to grow at the rate of 5.5%.
In Asia-Pacific, China accounted for the largest market share in 2017.
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In the end, Awning industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of ""Market Research Reports"" and ""Business Intelligence Solutions."" AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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