Canopy Market to reach USD 2.60 billion by 2029, size,share, Business insights, Industry Trends

Canopy are convenient and durable structures that can be easily installed compared to their counterparts. The 'polytetrafluoroethylene (PTFE)' is the fastest growing material segment due to its extensive use in several countries with high temperatures during the forecast period. Furthermore, the rapid growth of the residential sector and the increasing popularity of inside-outside living are likely to increase the demand for canopies in the market in the forecast period.

Data Bridge Market Research analyses that the canopy market was valued at USD 1.83 billion in 2021 and is expected to reach USD 2.60 billion by 2029, registering a CAGR of 4.50% during the forecast period of 2022 to 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Market Definition

A canopy is an overhead roof or structure attached by a metal or fabric covering. The canopy can provide shelter or shade from weather conditions such as snow, sun, hail, and rain. Canopies are used for gardens, shelters, events, and portable ones for garages.

View Detailed Report: https://www.databridgemarketresearch.com/reports/global-canopy-market

Some of the major players operating in the canopy market are:

HDT Global (U.K.)
AKS Industries, Inc. (U.S.)
CAMSS SHELTERS (U.S.)
Eureka! Expeditionary Systems (U.S.)
Federal-Fabrics-Fibers, Inc. (U.S.)
Weatherhaven Global Resources Ltd. (U.S.)
Shelter Tent Manufacturing Co Ltd (China)
Marshall of Cambridge (Holdings) Limited (U.K.)
Losberger De Boer (France)
HTS TENTIQ GmbH (Germany)
Zeppelin GmbH (Germany)
Super Structures Worldwide (U.S.)
Kratos Defense & Security Solutions, Inc. (U.S.)
General Dynamics Corporation (U.S.)
AAR (U.S.)
DHS Systems (U.S.)

Global Canopy Market Scope

The canopy market is segmented on the basis of material, application and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Material

Polytetrafluoroethylene (PTFE)
Ethylene Tetrafluoroethylene (ETFE)
Polyvinyl Chloride (PVC)
Polyester Cloth
Others

Application

Shade Canopy
Event or Large Canopy
Others

 End-Use

Residential
Non-Residential

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