Key Insights
The North America awnings market is poised for significant expansion, driven by rising consumer demand for energy-efficient solutions and enhanced outdoor living spaces. This upward trend is projected to continue through 2033. Key growth drivers include increased awareness of UV protection and the desire to safeguard interiors from sun damage. The growing popularity of outdoor entertaining and the aesthetic enhancements offered by awnings are further fueling market demand. A global emphasis on energy-efficient homes, often supported by regional incentives for conservation, is also accelerating market growth. The market is segmented by type (e.g., retractable, fixed), material (e.g., fabric, metal), and application (residential, commercial), each offering distinct growth avenues. The market is projected to reach a size of 11042.7 million by 2025, with an estimated CAGR of 6.2 during the forecast period.
North America Awnings Market Market Size (In Billion)
The competitive environment features both established industry leaders and dynamic new entrants. Continuous innovation in materials, design, and smart home integration is vital for sustained market advantage. While the residential sector currently dominates, commercial applications, particularly in hospitality and food services, are experiencing robust growth as businesses optimize curb appeal and outdoor patron areas. Future market projections indicate sustained expansion, supported by rising disposable incomes, increasing urbanization, and a growing preference for customizable, technologically advanced awning systems. This presents a favorable outlook for North America awnings market participants who effectively adapt to evolving consumer preferences and market dynamics.
North America Awnings Market Company Market Share
North America Awnings Market: A Comprehensive Report (2019-2033)
This detailed report provides an in-depth analysis of the North America awnings market, offering invaluable insights for industry stakeholders, investors, and strategic decision-makers. Covering the period from 2019 to 2033, with 2025 as the base year and a forecast period spanning 2025-2033, this report meticulously examines market size, segmentation, competitive dynamics, and future growth potential. Key players like Eide Industries Inc, NuImage Awnings, The Awning Factory, Stobag International, SunSetter Products, Marygrove Awnings, Awning Company of America Inc, Thompson Awnings Company, Carroll Awning Company, and Sunair Awnings are analyzed, among others. The report leverages extensive primary and secondary research to deliver actionable intelligence on this dynamic market.
North America Awnings Market Structure & Competitive Dynamics
The North America awnings market exhibits a moderately fragmented structure, with several major players and numerous smaller regional companies competing for market share. The market concentration ratio (CR5) is estimated at xx%, indicating a competitive landscape. Innovation is a key driver, with companies focusing on developing technologically advanced retractable awnings and smart awning solutions. Regulatory frameworks, particularly building codes and energy efficiency standards, influence product design and adoption. Direct substitutes, such as pergolas and shading screens, exert competitive pressure. End-user trends, including increasing preference for outdoor living spaces and energy-efficient solutions, are boosting demand. M&A activity is moderate, with recent acquisitions like LCI Industries' purchase of Girard Systems showcasing consolidation trends. The total value of M&A deals within the past five years is estimated at $xx Million. Key metrics such as market share for leading players are detailed in the full report.
- Market Concentration: Moderately fragmented, with a CR5 of xx%.
- Innovation: Focus on retractable awnings, smart features, and energy efficiency.
- Regulatory Landscape: Building codes and energy efficiency standards impact product design.
- Substitutes: Pergolas, shading screens present competitive pressure.
- End-User Trends: Growing preference for outdoor living and energy savings fuels demand.
- M&A Activity: Moderate, with deals valued at approximately $xx Million in the past five years.
North America Awnings Market Industry Trends & Insights
The North America awnings market is experiencing robust growth, driven by several key factors. The increasing popularity of outdoor living spaces, coupled with rising consumer disposable incomes, is a primary growth driver. Technological advancements, including the development of automated and retractable awnings with smart control systems, are enhancing product appeal and functionality. Changing consumer preferences towards energy-efficient solutions are also contributing to market expansion. The market is segmented by product type (retractable awnings, stationary awnings, vertical retractable awnings), application (residential, commercial), and geography (United States, Canada). The CAGR for the forecast period (2025-2033) is estimated to be xx%, with the market penetration rate in residential applications exceeding xx% by 2033. Competitive dynamics are shaping market evolution, with companies investing in R&D, strategic partnerships, and marketing initiatives to gain a competitive edge.
Dominant Markets & Segments in North America Awnings Market
The United States dominates the North America awnings market, accounting for approximately xx% of the total market value in 2025. Within the product segments, retractable awnings are the most popular choice, driven by their versatility and functionality. The residential application segment holds the largest market share, reflecting the growing demand for comfortable and stylish outdoor living spaces.
- Key Drivers for US Dominance: Large residential market, robust construction industry, and high disposable incomes.
- Key Drivers for Retractable Awning Segment: Versatility, energy efficiency, and aesthetic appeal.
- Key Drivers for Residential Application Segment: Rising disposable incomes, emphasis on outdoor living, and increasing home improvement activities.
Canada exhibits significant market growth potential due to expanding infrastructure projects and a rising trend of eco-friendly building practices.
North America Awnings Market Product Innovations
Recent product innovations in the North America awnings market include the integration of smart home technology, enabling remote control and automated operation. Materials innovation is also prominent, with the use of durable, weather-resistant fabrics and lightweight yet strong frame materials. These innovations enhance product longevity, functionality, and aesthetic appeal, providing competitive advantages to manufacturers. The market is witnessing a shift toward more sophisticated, personalized awnings tailored to specific consumer needs and preferences.
Report Segmentation & Scope
This report segments the North America awnings market based on product type (retractable awnings, stationary awnings, vertical retractable awnings), application (residential, commercial), and geography (United States, Canada). Each segment's growth projections, market size, and competitive dynamics are analyzed, providing a granular understanding of market opportunities. Growth rates vary significantly across segments, with retractable awnings experiencing particularly strong growth due to their versatile features. The detailed breakdown of market size for each segment is provided in the full report.
Key Drivers of North America Awnings Market Growth
Several key factors are driving the growth of the North America awnings market. The increasing consumer preference for enhanced outdoor living spaces and the growing demand for energy-efficient solutions are primary drivers. Technological advancements, such as smart awnings and durable materials, contribute to increased product adoption. Favorable economic conditions and government initiatives supporting sustainable building practices also boost market growth.
Challenges in the North America Awnings Market Sector
The North America awnings market faces challenges, including potential supply chain disruptions impacting raw material availability and production costs. Stringent building codes and regulations may increase compliance costs for manufacturers. Intense competition from established players and new entrants also presents a challenge to maintaining profitability. Economic downturns can influence consumer spending on discretionary items like awnings, potentially slowing market growth.
Leading Players in the North America Awnings Market Market
- Eide Industries Inc
- NuImage Awnings
- The Awning Factory
- Stobag International
- SunSetter Products
- Marygrove Awnings
- Awning Company of America Inc
- Thompson Awnings Company
- Carroll Awning Company
- Sunair Awnings
Key Developments in North America Awnings Market Sector
- March 2022: LCI Industries' subsidiary, Lippert Components Manufacturing, Inc., acquired Girard Systems and Girard Products LLC, significantly expanding its presence in the motorized awning segment. This acquisition is expected to boost innovation and market share for LCI Industries.
- November 2021: The Awning Factory announced a 32% expansion of its Orlando manufacturing facility, demonstrating growth confidence and investment in local production capabilities.
Strategic North America Awnings Market Outlook
The North America awnings market exhibits significant growth potential, driven by favorable demographics, technological innovation, and a rising focus on outdoor living. Strategic opportunities lie in developing smart and energy-efficient awnings, catering to specific consumer needs, and expanding into new geographic markets. Companies focused on innovation, sustainability, and strong distribution networks are poised to capitalize on the market's future growth trajectory.
North America Awnings Market Segmentation
- 1. Production Analysis
- 2. Consumption Analysis
- 3. Import Market Analysis (Value & Volume)
- 4. Export Market Analysis (Value & Volume)
- 5. Price Trend Analysis
North America Awnings Market Segmentation By Geography
-
1. North America
- 1.1. United States
- 1.2. Canada
- 1.3. Mexico
North America Awnings Market Regional Market Share
Geographic Coverage of North America Awnings Market
North America Awnings Market REPORT HIGHLIGHTS
| Aspects | Details |
|---|---|
| Study Period | 2020-2034 |
| Base Year | 2025 |
| Estimated Year | 2026 |
| Forecast Period | 2026-2034 |
| Historical Period | 2020-2025 |
| Growth Rate | CAGR of 6.2% from 2020-2034 |
| Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Increased Demand for Aesthetically Appealing Products to Fuel the Growth of the Stone Flooring Market; Demand for Stone Floors as a Decorative Tool in the Construction Industry
- 3.3. Market Restrains
- 3.3.1. High Initial Cost; Lack of Skilled Labor
- 3.4. Market Trends
- 3.4.1. Residential Application Dominates the Market
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. North America Awnings Market Analysis, Insights and Forecast, 2020-2032
- 5.1. Market Analysis, Insights and Forecast - by Production Analysis
- 5.2. Market Analysis, Insights and Forecast - by Consumption Analysis
- 5.3. Market Analysis, Insights and Forecast - by Import Market Analysis (Value & Volume)
- 5.4. Market Analysis, Insights and Forecast - by Export Market Analysis (Value & Volume)
- 5.5. Market Analysis, Insights and Forecast - by Price Trend Analysis
- 5.6. Market Analysis, Insights and Forecast - by Region
- 5.6.1. North America
- 5.1. Market Analysis, Insights and Forecast - by Production Analysis
- 6. Competitive Analysis
- 6.1. Market Share Analysis 2025
- 6.2. Company Profiles
- 6.2.1 Eide Industries Inc
- 6.2.1.1. Overview
- 6.2.1.2. Products
- 6.2.1.3. SWOT Analysis
- 6.2.1.4. Recent Developments
- 6.2.1.5. Financials (Based on Availability)
- 6.2.2 NuImage Awnings
- 6.2.2.1. Overview
- 6.2.2.2. Products
- 6.2.2.3. SWOT Analysis
- 6.2.2.4. Recent Developments
- 6.2.2.5. Financials (Based on Availability)
- 6.2.3 The Awning Factory
- 6.2.3.1. Overview
- 6.2.3.2. Products
- 6.2.3.3. SWOT Analysis
- 6.2.3.4. Recent Developments
- 6.2.3.5. Financials (Based on Availability)
- 6.2.4 Stobag International
- 6.2.4.1. Overview
- 6.2.4.2. Products
- 6.2.4.3. SWOT Analysis
- 6.2.4.4. Recent Developments
- 6.2.4.5. Financials (Based on Availability)
- 6.2.5 SunSetter Products
- 6.2.5.1. Overview
- 6.2.5.2. Products
- 6.2.5.3. SWOT Analysis
- 6.2.5.4. Recent Developments
- 6.2.5.5. Financials (Based on Availability)
- 6.2.6 Marygrove Awnings
- 6.2.6.1. Overview
- 6.2.6.2. Products
- 6.2.6.3. SWOT Analysis
- 6.2.6.4. Recent Developments
- 6.2.6.5. Financials (Based on Availability)
- 6.2.7 Awning Company of America Inc
- 6.2.7.1. Overview
- 6.2.7.2. Products
- 6.2.7.3. SWOT Analysis
- 6.2.7.4. Recent Developments
- 6.2.7.5. Financials (Based on Availability)
- 6.2.8 Thompson Awnings Company**List Not Exhaustive
- 6.2.8.1. Overview
- 6.2.8.2. Products
- 6.2.8.3. SWOT Analysis
- 6.2.8.4. Recent Developments
- 6.2.8.5. Financials (Based on Availability)
- 6.2.9 Carroll Awning Company
- 6.2.9.1. Overview
- 6.2.9.2. Products
- 6.2.9.3. SWOT Analysis
- 6.2.9.4. Recent Developments
- 6.2.9.5. Financials (Based on Availability)
- 6.2.10 Sunair Awnings
- 6.2.10.1. Overview
- 6.2.10.2. Products
- 6.2.10.3. SWOT Analysis
- 6.2.10.4. Recent Developments
- 6.2.10.5. Financials (Based on Availability)
- 6.2.1 Eide Industries Inc
List of Figures
- Figure 1: North America Awnings Market Revenue Breakdown (million, %) by Product 2025 & 2033
- Figure 2: North America Awnings Market Share (%) by Company 2025
List of Tables
- Table 1: North America Awnings Market Revenue million Forecast, by Production Analysis 2020 & 2033
- Table 2: North America Awnings Market Revenue million Forecast, by Consumption Analysis 2020 & 2033
- Table 3: North America Awnings Market Revenue million Forecast, by Import Market Analysis (Value & Volume) 2020 & 2033
- Table 4: North America Awnings Market Revenue million Forecast, by Export Market Analysis (Value & Volume) 2020 & 2033
- Table 5: North America Awnings Market Revenue million Forecast, by Price Trend Analysis 2020 & 2033
- Table 6: North America Awnings Market Revenue million Forecast, by Region 2020 & 2033
- Table 7: North America Awnings Market Revenue million Forecast, by Production Analysis 2020 & 2033
- Table 8: North America Awnings Market Revenue million Forecast, by Consumption Analysis 2020 & 2033
- Table 9: North America Awnings Market Revenue million Forecast, by Import Market Analysis (Value & Volume) 2020 & 2033
- Table 10: North America Awnings Market Revenue million Forecast, by Export Market Analysis (Value & Volume) 2020 & 2033
- Table 11: North America Awnings Market Revenue million Forecast, by Price Trend Analysis 2020 & 2033
- Table 12: North America Awnings Market Revenue million Forecast, by Country 2020 & 2033
- Table 13: United States North America Awnings Market Revenue (million) Forecast, by Application 2020 & 2033
- Table 14: Canada North America Awnings Market Revenue (million) Forecast, by Application 2020 & 2033
- Table 15: Mexico North America Awnings Market Revenue (million) Forecast, by Application 2020 & 2033
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the North America Awnings Market?
The projected CAGR is approximately 6.2%.
2. Which companies are prominent players in the North America Awnings Market?
Key companies in the market include Eide Industries Inc, NuImage Awnings, The Awning Factory, Stobag International, SunSetter Products, Marygrove Awnings, Awning Company of America Inc, Thompson Awnings Company**List Not Exhaustive, Carroll Awning Company, Sunair Awnings.
3. What are the main segments of the North America Awnings Market?
The market segments include Production Analysis, Consumption Analysis, Import Market Analysis (Value & Volume), Export Market Analysis (Value & Volume), Price Trend Analysis.
4. Can you provide details about the market size?
The market size is estimated to be USD 11042.7 million as of 2022.
5. What are some drivers contributing to market growth?
Increased Demand for Aesthetically Appealing Products to Fuel the Growth of the Stone Flooring Market; Demand for Stone Floors as a Decorative Tool in the Construction Industry.
6. What are the notable trends driving market growth?
Residential Application Dominates the Market.
7. Are there any restraints impacting market growth?
High Initial Cost; Lack of Skilled Labor.
8. Can you provide examples of recent developments in the market?
March 2022 - LCI Industries which, supplies, domestically and internationally, a broad array of highly engineered components for the leading original equipment manufacturers in the recreation and transportation product markets, and the related aftermarkets of those industries, announced that its subsidiary, Lippert Components Manufacturing, Inc., has acquired substantially all of the business assets of Girard Systems and Girard Products LLC, a manufacturer and distributor of proprietary awnings and tankless water heaters for OEMs. Having created a significant niche in the motorized segment of the market, Girard's patented awnings are featured on many of the premier Class A motorized units. Girard's strategically-placed locations in Alabama, California, and Indiana make it well-positioned to serve customers across the U.S. as it continues to grow.
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 4750, USD 4950, and USD 6800 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in million.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "North America Awnings Market," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the North America Awnings Market report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the North America Awnings Market?
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Methodology
Step 1 - Identification of Relevant Samples Size from Population Database
Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)
Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations
Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence