The sun shade sails are used to create outdoor shades in residential and commercial areas. The sun shades that are used in residential areas do not require extra hardware for its installation, it can be installed to the existing house of the consumer. But for commercial area, it might require extra poles, frames and other material for installing it in large space. Moreover, it is widely used in most of the hotels, motels and resorts, therefore, increase in, construction and hospitality industry, increases the demand for the market. The construction sector in the developing economies such as India, China, Vietnam, Australia, and Indonesia, etc., shows the highest growth in the global building and construction sector. In addition, global building and construction industry gets opportunities in residential, commercial and industrial sector. The main reason behind the growth of this market is rising housing and infrastructure growth due to increasing urbanization and growing population. Furthermore, there are some other factors, which help in increasing the demand of the market are population growth in developing countries, infrastructural development in developed countries, the trend toward increased residential development, and expected investments in advanced facility in textile industry. Hence, increasing building and construction industry in every region is one of the major factors that is driving the growth of global sun shade sails market.
Moreover, due to innovation and advancement in building interior and construction sector, the demand for sun shade sails are rising, and it is increasingly used in building and construction industry. Further, the sun shade sails market has faced dip in the market, as the travel and tourism industry across the world is extensively hampered due to COVID-19 pandemic, which decrease the demand for the hospitality industry that directly impacts the sun shade sails market. On the contrary, the global sun shade sails market grew with the increasing number of people spending more time at home leading to more home improvement projects. Thereby, expenditure towards sun shade sails has witnessed a significant growth especially in the home segment, which increases the demand of the sun shade sails market.
Apart from this, the shade sails has tiny mesh holes that allows the air to flow through the fabric which provides ventilation to the buildings. Installation of sun shade sails across various residential applications in different hot and humid areas provides extra cooling and ventilation. Along with this, the material that is used for the sun shade sails can be recycled and used for other purposes, therefore, taking care of the environment. Therefore, these benefits of the sun shades increases the demand of the sun shade sails market. Furthermore, the sun shade sails have different types such as fabric sail, plastic sail, and fiberglass fabric sail, among others, where, the plastic sails segment dominates the market because plastic sun shade sails are widely used in the commercial as well as residential sector due to its different properties which includes high tensile strength, flame retardant feature, high UV protection and sunlight control, and high insulation, etc. Due to the above features, plastic sun shade sails has high market requirement, therefore has highest market share.
Moreover, these types are used in different end-use segments such as home, hospitality business, and public areas, etc. Among them, the hospitality business segment dominates the market because sun shades are widely used in the hotels, motels and resorts for upgrading the look and they are combined with the hotel’s infrastructure for developing suitable space for guests and visitors. These sun shades sails are extensively used at the courtyards, poolside and outdoor dining areas, for protecting the guests from sun burns or harmful UV rays, therefore, it has highest demand in the hospitality segment.
In addition, Asia Pacific segment leads the market growth due to rising hospitality business, increasing sun shade exports and presence of major market players in the region. The Australasia region has highest demand for sun shade sails in commercial as well as residential sector due to rising incidence of sun diseases such as skin cancer and sunburn across the region. In China and India, the hospitality industry has rapid growth due to increasing travel and tourism sector which also increases the growth of the sun shade sails market.
Some of the major players of the global sun shade sails market are Coolaroo (Gale Pacific USA, Inc.), Architen Landrell Manufacturing Limited, KE Protezioni Solari SRL, DVELAS, Nelson Shade Solutions, NuRange Products Ltd., Abacus Shade Structures, Doyle Caribbean, Lucky International and Sunbrella Fabrics (Glen Raven, Inc.).
Trends and Future Outlook:
- Rising innovation and advancement in building interior and construction sector, leads to the growth of market.
- Growing development in travel and tourism industry across the world enhance the demand of sun shade sails market.