Global Wooden Decking Market, By Type (Pressure treated wood, Redwood, Cedar and Others), Type of Construction (Repairs and Remodelling, New decks on New Constructions and New Decks on Existing Constructions), Application (Building materials, Rails and infrastructure), End Use (Sector Residential and Non-residential), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of the Middle East and Africa) Industry Trends and Forecast to 2029.
Market Analysis and Insights : Global Wooden Decking Market
The wooden decking market is expected to witness market growth at a rate of 3.4% in the forecast period of 2022 to 2029 and is expected to reach USD 3,654.70 million by 2029. Data Bridge Market Research report on wooden decking market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the household income levels is escalating the growth of wooden decking market.
A deck is known to be a flat weight-bearing surface, elevated above the ground which is similar to a floor that is often built outside, a building. Wood and timber decking can be used in several ways. It is used in landscaping of a garden, to increase a living area of a house and as an alternative for some stone-based features including patios. Treated timber, composite lumber, composite material, and aluminum are all used for construction of decks.
Major factors that are expected to boost the growth of the wooden decking market in the forecast period are the rise in the need From the construction industry and growing demand for low maintenance building products. Furthermore, the increase in the urban population is further anticipated to propel the growth of the wooden decking market. Moreover, the increasing number of new construction projects is further estimated to cushion the growth of the wooden decking market. On the other hand, the accessibility of substitutes is further projected to impede the growth of the wooden decking market in the timeline period.
In addition, the rise in the repair and revamp activities of existing infrastructure will further provide potential opportunities for the growth of the wooden decking market in the coming years. However, the dearth of knowledge might further challenge the growth of the wooden decking market in the near future.
This wooden decking market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on the wooden decking market, contact Data Bridge Market Research for an Analyst Brief. Our team will help you take an informed market decision to achieve market growth.
Global Wooden Decking Market Scope and Market Size
The wooden decking market is segmented on the basis of type, type of construction, application and end use. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of type, the wooden decking market is segmented into pressure treated wood, redwood, cedar and others.
- On the basis of type of construction, the wooden decking market is segmented into repairs and remodelling, new decks on new constructions and new decks on existing constructions.
- On the basis of application, the wooden decking market is segmented into building materials, rails and infrastructure.
- On the basis of end use sector, the wooden decking market is segmented into residential and non-residential.
Wooden Decking Market Country Level Analysis
The wooden decking market is analysed, and market size, volume information is provided by country, type, type of construction, application and end use as referenced above.
The countries covered in the wooden decking market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (M.E.A.) as a part of Middle East and Africa (M.E.A.), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the wooden decking market due to the rise in the construction industry. Furthermore, growing residential construction and increase in the expenditures in home improvement will further boost the growth of the wooden decking market in the region during the forecast period. Asia-Pacific is projected to observe significant amount of growth in the wooden decking market due to the homebuilders and homeowners are installing decking systems in patio and gardens to improve the aesthetic look of a house. Moreover, the occurrence of major key players is further anticipated to propel the growth of the wooden decking market in the region in the coming years.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points such as consumption volumes, production sites, and volumes, import-export analysis, price trend analysis, cost of raw materials, downstream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Wooden Decking Market Share Analysis
The wooden decking market competitive landscape provides details by a competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to the wooden decking market.
Some of the major players operating in the wooden decking market are UPM., Weyerhaeuser Company., West Fraser Timber Co. Ltd., UFP Industries, Inc., METSÄ GROUP, Setra Group, James Latham, Cox Industries Inc., Humboldt Redwood Company Lumber Mill, The Mendocino Redwood Company, Vetedy Group, AlfrescoPlus, Deckorators, Inc., Deck Solutions LLC, Kebony US, Metsa Wood, Trex Company Inc., United Construction Products, Inc., Sundek Interio Private Limited., and Koppers Performance Chemicals among others.