Key Insights
The North American awnings market is poised for significant expansion, driven by a growing consumer preference for energy-efficient and aesthetically enhancing home improvement solutions. Key growth drivers include heightened awareness of awnings' benefits in reducing energy consumption, protecting interiors from sun damage, and improving property appeal. The market is projected to maintain a strong growth trajectory with a Compound Annual Growth Rate (CAGR) of 6.2% from 2025 to 2033. The increasing popularity of flexible retractable awnings, alongside advancements in durable, weather-resistant materials and automated control systems, further fuels this positive trend. The market is segmented by type (retractable, fixed), material (fabric, metal, wood), and application (residential, commercial). The market size is estimated to reach 11042.7 million by the base year 2025. The commercial sector, particularly hospitality and retail, is a significant contributor to market growth.
North America Awnings Market Market Size (In Billion)
The forecast period of 2025-2033 anticipates sustained market growth, supported by favorable economic conditions, ongoing investments in home improvement, and increasing demand for sustainable, energy-efficient solutions. Expect a surge in demand for innovative awning designs, focusing on enhanced functionality and aesthetics, presenting opportunities for manufacturers to introduce advanced materials, smart technologies, and customization. Competition will remain dynamic, with established players emphasizing product innovation and distribution expansion, alongside the emergence of new entrants focused on eco-friendly solutions.
North America Awnings Market Company Market Share
North America Awnings Market Report: 2019-2033
This comprehensive report provides an in-depth analysis of the North America awnings market, offering invaluable insights for industry professionals, investors, and strategic decision-makers. Covering the period from 2019 to 2033 (Study Period), with a base year of 2025 and a forecast period of 2025-2033, this report meticulously examines market dynamics, growth drivers, challenges, and emerging opportunities. The market size is projected to reach xx Million by 2033, exhibiting a robust CAGR of xx% during the forecast period.
North America Awnings Market Structure & Innovation Trends
This section analyzes the competitive landscape of the North America awnings market, examining market concentration, innovation drivers, regulatory frameworks, product substitutes, end-user demographics, and M&A activities. The market is characterized by a mix of large established players and smaller niche operators. Key players include 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 (list not exhaustive).
- Market Concentration: The market exhibits a moderately fragmented structure, with no single dominant player commanding a significant market share. The top 5 players collectively hold approximately xx% of the market share in 2025.
- Innovation Drivers: Technological advancements in materials (e.g., durable fabrics, automated retractable mechanisms), design aesthetics, and smart home integration are driving innovation.
- Regulatory Framework: Building codes and safety standards influence product design and manufacturing processes.
- Product Substitutes: Other shading solutions, such as pergolas and retractable canopies, compete with awnings.
- End-User Demographics: The residential segment is a major market driver, with increasing demand from homeowners seeking outdoor living solutions. The commercial segment encompasses hotels, restaurants, and office buildings.
- M&A Activities: Recent mergers and acquisitions, such as the acquisition of Girard Systems and Girard Products LLC by LCI Industries in March 2022, indicate consolidation and expansion within the industry. The deal value was xx Million.
North America Awnings Market Dynamics & Trends
This section delves into the factors driving market growth, including technological advancements, evolving consumer preferences, and competitive dynamics. The market is projected to witness strong growth driven by increasing disposable incomes, a preference for outdoor living spaces, and rising awareness of the benefits of awnings in energy efficiency and sun protection.
The residential segment is anticipated to dominate the market due to the growing demand for customizable awnings and retractable options offering both shade and weather protection. Commercial applications are also experiencing growth, driven by the need for aesthetically pleasing and functional shading solutions for buildings. Technological advancements in automated retractable awnings and smart home integration are contributing to market expansion. The increasing adoption of eco-friendly materials is also influencing consumer choices. Competitive intensity is moderate, with key players focusing on product differentiation, innovation, and strategic partnerships.
Dominant Regions & Segments in North America Awnings Market
The United States dominates the North America awnings market, accounting for xx% of the total market value in 2025, followed by Canada.
- By Product Type: Retractable awnings hold the largest market share due to their versatility and convenience, followed by stationary awnings. Vertical retractable awnings are a growing segment.
- By Application: The residential segment dominates, driven by homeowner demand for outdoor living spaces.
- United States: Strong economic growth, favorable climate in many regions, and high homeownership rates drive market growth.
- Canada: Growth is driven by increasing demand in both residential and commercial segments, particularly in warmer regions.
North America Awnings Market Product Innovations
Recent product innovations include the integration of smart technology, advanced fabric materials offering enhanced UV protection and durability, and more sophisticated retractable mechanisms for ease of use. These innovations address consumer demand for improved functionality, aesthetics, and energy efficiency.
Report Scope & Segmentation Analysis
This report segments the North America awnings market by product type (retractable awnings, vertical retractable awnings, stationary awnings), application (residential, commercial), and country (United States, Canada). Each segment’s growth trajectory, market size, and competitive dynamics are analyzed to provide a comprehensive market overview. For example, the retractable awning segment is projected to exhibit significant growth due to its convenience and versatility. The residential sector is expected to show robust expansion, fueled by demand for outdoor living enhancements and home improvement activities.
Key Drivers of North America Awnings Market Growth
Key growth drivers include increasing demand for energy-efficient solutions, rising disposable incomes, increasing preference for outdoor living, and technological advancements leading to more sophisticated and aesthetically pleasing awnings. Government initiatives promoting energy efficiency also support market growth.
Challenges in the North America Awnings Market Sector
Challenges include fluctuating raw material prices, supply chain disruptions, and intense competition among existing players. Seasonal demand fluctuations also pose challenges to manufacturers.
Emerging Opportunities in North America Awnings Market
Emerging opportunities lie in the integration of smart technology, the development of sustainable and eco-friendly awnings, and expansion into niche markets, such as the use of awnings in commercial settings like restaurants and hotels that cater to outdoor dining.
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 Industry
- March 2022: LCI Industries acquired Girard Systems and Girard Products LLC, expanding its presence in the motorized awning segment.
- November 2021: The Awning Factory announced a factory expansion in Orlando, Florida, indicating growth in local production.
Future Outlook for North America Awnings Market Market
The North America awnings market is poised for continued growth driven by technological innovations, evolving consumer preferences, and rising demand for outdoor living solutions. Strategic partnerships and product diversification will play key roles in shaping future market dynamics.
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