How big is the Awning Market | Outdoor Living Trends 2025

Q: What is the size of the Awning Market?

The Awning market was valued at approximately USD 10.1 billion in 2024 and is projected to surpass a valuation of USD 13.9 billion by 2031.

Q: What is the growth rate of the Awning Market?

The Awning market is growing at a CAGR of around 4.6%.

Q: What factors drive the overall growth of the Awning market?

The growth of this market is driven by home upgrades, sun protection, and energy efficiency.

Q: What are the major challenges in the Awning market?

Weather durability and maintenance may hinder the growth of this market.

Q: Which regions are expected to lead in market share?

North America and Western Europe are leading the awning market.

Q: What is the impact of AI in the Awning industry?

Technologies such as motorized, sensor-based, and solar-powered systems are supporting to shape this market.

Q: How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

Q: Do you also provide customisation in the market study?

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How big is the Awning Market | Outdoor Solutions Insight

Code: MTA4717

Publication Date: Jul 2025

How big is the Awning Market?

According to 绿帽社 internal database and industry insights, the Global Awning market was valued at approximately USD 10.1 billion in 2024 and is projected to surpass a valuation of USD 13.9 billion by 2031 at a CAGR of 4.6%.

This growth is driven by rising demand for energy-efficient shading solutions, increased home renovation activities, and the growth of outdoor living trends in residential and commercial construction. Awnings are increasingly used for both functional and aesthetic enhancement across patios, windows, decks, and storefronts.

Key Growth Factors of the Awning Market

Rising consumer focus on energy savings and heat protection
Growth in residential remodeling and outdoor spaces
Increasing demand in hospitality and commercial sectors
Availability of smart and motorized retractable awnings
Expanding construction in urban and suburban areas
Wider adoption of eco-friendly, UV-resistant materials

Awning Market Trends

The awning market is expected to grow steadily, fueled by the expanding popularity of outdoor entertainment spaces, particularly in North America and Europe. Retractable and motorized awnings are becoming increasingly popular due to their convenience and appeal in modern home designs. In commercial spaces, awnings are being used to enhance branding and curb appeal for cafes, retail stores, and hotels. Rising demand for custom designs and material variety—including waterproof, mildew-resistant, and recycled fabrics—is reshaping product portfolios. Additionally, the Asia-Pacific region is witnessing higher adoption, supported by rapid urbanization and climate considerations.

Emerging Developments in the Awning Market

Emerging growth in the Awning market includes sensor-integrated awnings that automatically retreat or expand on the basis of sunlight, air, or rain. The solar-operated canopy system is attracting attention to the off-grid energy savings and minimal environmental impact. Advance in smart home integration now allow Awnings to sync with mobile apps and voice assistants. Manufacturers are also more durable yet searching for 3D printed components and light aluminum alloys for flexible frame structures. These growth shadow solutions reflect the convenience, stability and increasing emphasis on personal design in the market.