Increasing preference for home renovations and remodeling continue to drive the demand for retractable awnings, given the large influence of growing purchasing power parity with steady increase in GDP per capita worldwide. Moreover, in the era of automation, manufacturers are enhancing their products to cater to consumer convenience along with higher efficiency and retractable awnings are no exception.
With sales of retractable awnings to remain concentrated in Asia Pacific excluding Japan (APEJ), significant opportunities lie in developed economies of Europe and North America. A new report by Fact.MR compiles the sales and demand scenario of retractable awnings across key regions in the globe. According to the research report, global sales of retractable awnings is expected to surpass US$ 11 Bn by end of the year of assessment (2028), with significant demand for retractable awnings in residential and the commercial sector worldwide.
Competitive Assessment of Key Companies Completes the Retractable Awnings Intelligence Package
Fact.MR report on the retractable awnings market features a section on the key companies currently operating in the market for retractable awnings across regions worldwide. A dashboard view of the competition includes important information on the major players engaged in the manufacturing and distribution of retractable awnings across key regional and sub-regional markets. Market share analysis of these top players presents the readers with useful insights associated with dominance of various companies in the retractable awnings market space. Top company profiles are also covered in this section with information on retractable awnings manufacturing facilities along with a SWOT analysis. An intensity mapping of key participants in the retractable awnings market provides useful information for retractable awnings market players to understand the current retractable awnings market trends as well as various forces determining the competition levels in the retractable awnings market.
Following Questions Answers Covered in the Report are:
- How will the global Retractable Awnings Market perform during the forecast period? What will be the market size in terms of value and volume?
- Which segment will drive the global Retractable Awnings Market? Which regional market will show extensive growth in the future? What are the reasons?
- How will the market dynamics change because of the impact of future market opportunities, restraints, and drivers?
- What are the key strategies adopted by players to sustain themselves in the global Retractable Awnings Market?
- How will these strategies influence the market growth and competition?
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Regional analysis includes
- North America (U.S., Canada)
- Latin America (Brazil, Mexico, Argentina, Chile, Peru, Rest of LATAM)
- EU – (Germany, France, Italy, Spain), UK, BENELUX (Belgium, Netherlands, Luxemburg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Rep. etc.), Rest of Europe
- CIS & Russia
- Asia Pacific Excluding Japan (Greater China, India, S. Korea, ASEAN Countries, Rest of APEJ)
- Middle East and Africa (GCC Countries, Turkey, Iran, Israel, South Africa , Rest of MEA)
Get More Insights –http://www.globenewswire.com/en/news-release/2018/07/18/1538923/0/en/Sport-Protection-Equipment-Market-Expected-to-Touch-US-9-500-Mn-value-by-2022-End.html
The Report Covers Exhaustive Analysis On:
- Market Segments
- Market Dynamics
- Market Size & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Value Chain
The Retractable Awnings Market report answers the following queries:
- What is the largest share held by key players in the market?
- What strategies have proven most advantageous in the Retractable Awnings Market?
- Which region promises largest opportunity for new investors during the forecast period 2023 to 2031?
- What factors will most likely present challenges to growth during the forecast period?
- What will be the value of total revenues, and at what CAGR will the growth compound during the forecast period 2023 to 2031?
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