Home > HVAC & Construction > Shade Sails Market
Shade Sails Market size surpassed USD 1.8 billion in 2022 and is anticipated to grow at 4% CAGR from 2023 to 2032 owing to the rising number of commercial construction activities across developed and developing countries. The surging global population and urbanization have accelerated commercial infrastructure developments, driving the demand for shade sails.
Get more details on this report: Request Free Sample PDF
Fluctuating prices of raw materials may affect the industry growth. Shade sails are made up of shade cloth, PVC, and high-density polypropylene mesh (HDPE). While shade cloth is affordable, PVC is relatively expensive, making product penetration across low- and middle-income nations difficult. Moreover, the increasing focus on the development of sustainable materials is accelerating the demand for recycled HDPE, resulting in volatile costs.
Report Coverage | Details |
---|---|
Base Year: | 2022 |
Market Size in 2022: | USD 1.8 Billion |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR: | 4% |
2032 Value Projection: | USD 2.6 Billion |
Historical Data for: | 2018 to 2022 |
No. of Pages: | 200 |
Tables, Charts & Figures: | 743 |
Segments covered: | Material Type, Shape, Application, and Region |
Growth Drivers: |
|
To get more details on this report: Request Free Sample PDF
The COVID-19 pandemic created unique opportunities for shade sails market expanison. Due to strict lockdowns imposed by economies worldwide, families were forced to indulge in indoor recreational activities and utilize their personal outdoor spaces. Individuals turned to home décor, remodeling, and renovations to make indoor spaces more suitable for entertainment and comfort, driving the demand for shade sails for residential use.
The growing concerns associated with UV exposure and the risk of skin disorders had accelerated the adoption of sunshades across commercial spaces. Shade sails have emerged as a prominent solution against harsh UV rays, providing safe shelter for kids at school. Industry players are also making efforts to develop advanced sunshades made up of textiles offering at least 50 UPF, and UVR block of up to 90%.
Get more details on this report: Request Free Sample PDF
Commercial shade sails market share will depict at 4.4% growth during 2023-2032. Commercial grade shade sails offer protection against harmful UV rays and have a long shelf life. They provide optimum quality, and durability along with customization options based on customer needs. Commercial shade sails offer a myriad of benefits including excellent UV protection, tailored designs, preservation of property, and reduced electricity costs. Due to their many benefits, these sails find use in commercial spaces such as parking lots, outdoor dining areas, military outdoor spaces, car washes, condominiums, sports fields, and recreational areas.
The plastic shade sails industry size crossed USD 397 million in 2022. HDPE has emerged as a promising plastic material in the production of sun sails, designed to provide protection from the sun. Sun sails are made using HDPE as it ensures breathability, allowing air and moisture to pass through the material for better comfort & ventilation. The rising demand for sustainable plastic materials and the growing number of recycling units established to produce recycled HDPE will drive the business development.
Get more details on this report: Request Free Sample PDF
Asia Pacific shade sails market is expected to hit a valuation of USD 732 million in 2022. Asian countries such as India and China have a thriving construction sector resulting in the introduction of large-scale residential and commercial infrastructure projects. Additionally, with the increasing efforts to boost economic development, several developing countries in APAC are investing in the advancement of commercial infrastructure to support the growing tourism and hospitality sectors in the region. Such developments will fuel demand for shade sails and similar construction products in the region.
Some of the leading companies operating in shade sails business landscape include GALE Pacific, Tenshon, Nelson Shade Solutions, USA SHADE, Sail Shade World, FTH Industries, Shade Comforts, Blinds and Shades, Shade N Net, and Shade N Sails.
Click here to Buy Section of this Report
Market, By Material
Market, By Shape
Market, By Application
Market, By Region