Canopy Market Outlook, Research Methodology,
Drivers and Revenue Forecast till 2025
“Growing infiltration of canopies in a number of non-residential and residential buildings is expected to
motivate the demand for canopy and, sequentially, activate the general development of the canopy market
during the period of forecast.”
The scope of the global Canopy Market was projected at US$ 1.6 billion in 2018. The scope is likely to reach US$ 2.1
billion by 2025. It would develop at a CAGR of 4.0% during the period of forecast.
The canopies exist in various types such as portable garage canopies, large or event canopies, garden canopies, and
shade canopies. Additionally, a canopy is able to be designed and factory-made by means of diverse materials
comprising a variety of wood, metals, glass, and fabrics. The uses of the product differ dependent on the purposes of
the end-use and the materials utilized for it.
The manufacturing companies compete in the market by means of presenting the maximum appropriate and
dependable products, thereby giving way to a number of end-user applications. In addition, they are involved in
applying progressive technologies to develop inventive products, proposing extra benefits for example harvesting of
rainwater and completing the demand for the canopies.
Browse Full Research Report @
Growing infiltration of canopies in a number of non-residential and residential buildings is expected to motivate the
demand for canopy and, sequentially, activate the general development of the canopy market during the period of
Speedy development of the housing segment in the European and North American financial prudence and growing
admiration of inside-outside living are expected to increase the demand for canopies in the states during the period
of forecast. Additionally, increasing inclination for extended living space and redecoration presented by canopies i