Understanding North America Awnings Market Trends and Growth Dynamics

Key Insights

The North American awnings market is poised for robust expansion, driven by increasing consumer demand for enhanced energy efficiency, expanded outdoor living spaces, and aesthetically appealing architectural solutions. Over the forecast period, the market is projected to achieve a Compound Annual Growth Rate (CAGR) of 6.2%. The market size in the base year, 2025, is estimated at 11042.7 million. Key growth drivers include rising awareness of the cost-saving benefits of awnings through improved energy efficiency, a growing preference for outdoor living and entertaining areas, and the integration of innovative, durable, and customizable awning designs for both residential and commercial applications. Advancements in materials and smart technology are further accelerating market penetration.

Market segmentation reveals strong contributions from both the residential and commercial sectors. Homeowners are increasingly investing in improving their outdoor living environments, while businesses in hospitality, retail, and other industries are leveraging awnings to enhance curb appeal, optimize energy consumption, and create inviting customer spaces. The competitive landscape is characterized by a mix of established manufacturers and specialized providers, emphasizing innovation in product features, smart control systems, and integration with home automation technologies to maintain a competitive edge. The overall outlook for the North American awnings market remains highly positive, with sustained growth anticipated due to these converging trends.

North America Awnings Market Market Size and Forecast (2024-2030) — North America Awnings Market Company Market Share

North America Awnings Market: A Comprehensive Report (2019-2033)

This in-depth report provides a comprehensive analysis of the North America awnings market, covering market dynamics, growth trends, leading segments, key players, and future outlook. With a detailed study period from 2019 to 2033, including a base year of 2025 and forecast period from 2025 to 2033, this report is an essential resource for industry professionals, investors, and strategic decision-makers. The market is segmented by product type (Retractable Awnings, including Vertical Retractable Awnings; Stationary Awnings), application (Residential, Commercial), and country (United States, Canada). The total market size is projected to reach xx Million by 2033.

North America Awnings Market Dynamics & Structure

The North American awnings market is a moderately fragmented landscape, characterized by a mix of large established players and smaller regional manufacturers. Technological innovation, particularly in motorized and retractable awning systems, is a key driver of growth. Stringent building codes and energy efficiency regulations influence product design and adoption. Competitive substitutes, such as pergolas and other shading solutions, pose a challenge, but the versatility and aesthetic appeal of awnings maintain a strong market position. The residential segment dominates, driven by homeowner preferences for outdoor living spaces and sun protection. Consolidation through mergers and acquisitions (M&A) activity is anticipated to increase market concentration.

Market Concentration: Moderately fragmented, with a few dominant players and numerous smaller firms.
Technological Innovation: Motorized, smart awnings, and improved fabric technologies are key drivers.
Regulatory Frameworks: Building codes and energy efficiency standards influence product design.
Competitive Substitutes: Pergolas, shade sails, and other shading solutions pose competition.
End-User Demographics: Growing preference for outdoor living spaces drives residential demand.
M&A Trends: A moderate level of M&A activity is expected, leading to increased consolidation. For instance, the 2022 acquisition of Girard Systems by LCI Industries illustrates this trend.

North America Awnings Market Growth Trends & Insights

The North America awnings market exhibits robust growth, fueled by several factors. Increasing disposable incomes, a growing focus on outdoor living, and the rising adoption of energy-efficient shading solutions are key contributors. The market has witnessed a steady increase in demand, particularly within the residential sector. Technological advancements, such as smart awnings with automated controls, enhance product appeal and drive market expansion. Changes in consumer preferences towards sustainable and aesthetically pleasing products are also shaping market trends. The market is anticipated to experience a Compound Annual Growth Rate (CAGR) of xx% during the forecast period (2025-2033). Market penetration in both residential and commercial sectors is expected to rise significantly due to increasing awareness of the benefits of awnings. Specific details concerning CAGR figures and market penetration values are available in the full report.

Dominant Regions, Countries, or Segments in North America Awnings Market

The United States represents the largest segment of the North American awnings market, accounting for approximately xx% of the total market revenue in 2025. The residential segment holds the largest market share by application, driven by high demand for outdoor living spaces and sun protection. Within product types, retractable awnings are increasingly popular due to their versatility and functionality. Several factors contribute to the dominance of the US market, including a larger population base, higher disposable incomes, and established infrastructure. Canada shows significant growth potential, with increasing awareness of the benefits of awnings for both residential and commercial properties.

United States: Larger population, higher disposable incomes, well-established infrastructure.
Residential Segment: Growing preference for outdoor living, rising demand for sun protection.
Retractable Awnings: Versatility, functionality, and aesthetic appeal drive adoption.

North America Awnings Market Product Landscape

The North America awnings market offers a diverse range of products, including retractable awnings, stationary awnings, and motorized options. Recent innovations focus on improved durability, energy efficiency, and smart home integration. Products feature advanced fabrics with UV protection and water resistance, ensuring prolonged lifespan and enhanced performance. Unique selling propositions often include ease of operation, customization options, and aesthetically pleasing designs.

Key Drivers, Barriers & Challenges in North America Awnings Market

Key Drivers:

Rising disposable incomes and increased focus on outdoor living spaces.
Growing demand for energy-efficient building solutions.
Technological advancements leading to improved product features and functionality.

Key Barriers and Challenges:

High initial investment costs for some advanced awning systems.
Vulnerability to extreme weather conditions, potentially requiring costly repairs.
Intense competition from other shading and outdoor living products.

Emerging Opportunities in North America Awnings Market

Emerging opportunities include expansion into untapped market segments (e.g., eco-friendly awnings, smart home integration, niche commercial applications). Innovative applications such as awnings for pergolas and patio covers, and the integration of solar panels for energy generation are gaining traction. The evolving consumer preference for customization and personalized solutions also presents a significant opportunity.

Growth Accelerators in the North America Awnings Market Industry

Long-term growth will be propelled by technological breakthroughs, particularly in smart awnings, and strategic partnerships between manufacturers and building material retailers or contractors. Expansion into new markets, such as multi-family dwellings and hospitality sectors, will also play a crucial role.

Key Players Shaping 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

Notable Milestones in North America Awnings Market Sector

March 2022: LCI Industries' acquisition of Girard Systems significantly expands the motorized awning segment.
November 2021: The Awning Factory's planned factory expansion demonstrates growth in the commercial awning sector.

In-Depth North America Awnings Market Market Outlook

The North America awnings market presents significant long-term growth potential, driven by sustained demand for outdoor living solutions and continuous product innovation. Strategic partnerships and market expansion will be critical factors in realizing this potential. The market's evolution toward smarter, more energy-efficient, and aesthetically pleasing awnings will continue to shape the industry landscape in the coming years.

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 Market Share by Region - Global Geographic Distribution — North America Awnings Market Regional Market Share

Geographic Coverage of North America Awnings Market

Higher Coverage

Lower Coverage

No Coverage

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	By Production Analysis By Consumption Analysis By Import Market Analysis (Value & Volume) By Export Market Analysis (Value & Volume) By Price Trend Analysis By Geography North America United States Canada Mexico

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
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)

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*)

Top-down and bottom-up approaches are used to validate the global market size and estimate the market size for manufactures, regional segments, product, and application.

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

Additionally, after gathering mixed and scattered data from a wide range of sources, data is triangulated and correlated to come up with estimated figures which are further validated through primary mediums or industry experts, opinion leaders.