The Tent, Awning and Canvas Manufacturing industry has experienced growth over the five years to 2017. Improved economic conditions over the period have boosted downstream demand for industry products. Increasing per capita disposable income, rising consumer spending and falling unemployment have boosted consumer demand for industry goods at the retail level, driving sporting goods stores and wholesalers to increase purchases of canvases and tents from industry operators. Growing disposable income has boosted demand for industry products. However, as industry operators increasingly source higher-quality inputs to produce premium products, rising purchase costs have eroded industry profit margins over the period. As the domestic economy continues to improve and downstream demand grows, the industry is expected to experience continued growth over the five years to 2022.
This industry manufactures canvas and canvas-like products, such as awnings, sails, tarpaulins and tents, from purchased fabrics.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.