Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 1832 million | USD 2610 million | 4.52% | 2022 |
FrequentlyAsked Questions
A canopy is a projecting roof-life structure that is installed to provide shelter, shade, and protection.
The global canopy market is projected to grow owing to the increasing demand and adoption of outside eating settings.
According to study, the global canopy market size was worth around USD 1832 million in 2022 and is predicted to grow to around USD 2610 million by 2030.
The CAGR value of the canopy market is expected to be around 4.52% during 2023-2030
The global canopy market is expected to witness the highest growth in North America led by the growing use of several types of canopy across commercial and residential units.
The global canopy market is led by players like Shade Structures, Inc., FabriTec Structures, Canopy Mart, Tensile Structure Systems, ShadeFX, BDiR Inc., Creative Shade Solutions, Shade Systems, Skyco Shading Systems, Architectural Shade Products, USA SHADE & Fabric Structures, MASA Architectural Canopies, Carroll Architectural Shade, Advanced Awnings and Signs, Samson Awnings, Renson, Sunesta, KE Outdoor Design, Somfy Systems, Vergola, Eurmax, Sunair Awnings & Solar Screens, Astralux, Uni-Systems, and Outsunny
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