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.
In the past few years from 2012-2017, the global production and consumption developed stably. The global Awnings Fabric market size in terms of production is projected to grow to 24474 K Sqm by 2022 from 18906 K Sqm in 2017 (estimated), with a CAGR 5.30%. At the same time, Asia-Pacific, EU and North America are remarkable in the global Awnings Fabric industry because of their market share and technology status of Awnings Fabric.
In the future, the production and consumption is estimated to continue developing with a stable growth rate. To meet the large and increasing demand, more and more manufacturers will go into this industry.
According to this study, over the next five years the Awnings Fabric market will register a 2.4% CAGR in terms of revenue, the global market size will reach US$ 300 million by 2024, from US$ 260 million in 2019.
Global Awnings Fabric Market report features the major aspect of the market in terms of historic data, current market situations, market demand along with detailed analysis of the key players involved in the market.Awnings Fabric Industry report also provides essential attributes associated with Awnings Fabric market and act an essential tool to companies active across the value chain and to the newcomer by enabling them to capitalize the opportunities and develop business strategies.
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Global Awnings Fabric Market focuses on the, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa.Awnings Fabric business report categorizes the market based on manufacturers, regions, type and application. From a global perspective, this report represents Awnings Fabric market in-depth outlook by analyzing historical statistics and future prospect.
TOP MOST PLAYERS:
Glen Raven, Inc
Market Segment by Type, covers:
Canvas Awning Fabric
Acrylic Awning Fabric
Vinyl Awning Fabrics
Market Segment by Applications, can be divided into:
The prospective of this Awnings Fabric industry study delivers the key industry dynamic with respect to driving & limiting factors with their current and expected impact on market growth. Moreover, Awnings Fabric present market share and future prospects of the segment in terms of has also been explored in this report.
Global Awnings Fabric market report showcases qualitative and quantitative estimation by industry analysts, first-hand data, and assistance from industry experts along with each industry manufacturers by the market valuation. Awnings Fabric report also gives extensive analysis of market share, latest industry trends and forecast data analysis with respect to sales revenue, market growth, and demand and supply scenario.
Conclusively, the Awnings Fabric Market report provides major statistics on the state of the industry also it is considered as an essential source of guidance and direction for businesses and individuals involved in the market.