A recap from this year's Awning Symposium at IFAI Expo.
Retractable fabric systems are poised to transform outdoor spaces.
Protecting a courtyard from rain checks with a series of four inverted umbrellas.
Fabric solutions turn the outdoors into practical and pleasureable spaces with all the beauty and comfort of a room indoors.
The world's oldest cricket club added a new canopy over its Nursery Pavilion.
Hal Lapping tightens his company’s focus to make quality products affordable.
Kisha Moldovan builds relationships with sincerity and enthusiasm to boost business and advance the industry.
John Conroy ensures project success by asking the right questions.
A Thailand company transforms a fishbowl into an oasis.
Digital printing on textiles expands client lists and adds new dimensions to product innovation.
Rent What? Inc. adds an awe-inspiring moment to theatrical and musical events.
Andy Moon's concern for customers is the driving force behind product design.
What fabric manufacturers know about PVC fabrics that you should know, too.
Creating outdoor spaces that have the coziness of being inside.
Temperature extremes in Japan are leading to greater reliance on fabric shade structures.
Fabric suppliers and end-product manufacturers will see an overall drop in sales revenue in 2009 due to the slow U.S. economy, tight credit conditions and a retrenchment in spending by customers. In fact, in an IFAI survey in November 2008, only 35 percent of suppliers and manufacturers reported a favorable outlook for sales growth in 2009.
Prices for fabric will continue to increase. There is still a strong need to increase consumer awareness of awnings and their direct benefits, especially in energy savings. Growth in the awnings market is strong in certain areas of the United States, while other areas are suffering more from current economic conditions. Consolidation of companies will increase as weaker firms either go out of business or are acquired by stronger firms. This will lead to fewer players competing for the same-or possibly decreasing-pool of potential customers, who may be looking to scale back their own expenditures in 2009.
Creativity and the use of innovative materials and technologies will reward those market players who increase their value proposition to their customers in 2009. If the economic climate begins to improve in the second half of 2009, suppliers, manufacturers and customers should begin to gain confidence in the economy, which will help to spur growth for the awning and canopy market in the last six months of 2009 and beyond.
From the 2009 State of the Industry Report. Purchase a complete report at the IFAI Bookstore.