Wooden Decking Market, By Type, By Application, By End-User, By Geography

Description

The global wooden decking market is estimated to be valued at USD 8.08 Bn in 2024 and is expected to reach USD 10.01 Bn by 2031, growing at a compound annual growth rate (CAGR) of 3.1% from 2024 to 2031.

Report Coverage		Report Details
Base Year:	2023	Market Size in 2024:	US$ 8.08 Bn
Historical Data for:	2019 To 2023	Forecast Period:	2024 To 2031
Forecast Period 2024 to 2031 CAGR:	3.10%	2031 Value Projection:	US$ 10.01 Bn

Figure. Wooden Decking Market Share (%), By Region, 2024

The global wooden decking market has been witnessing significant growth in the recent years. Wooden decking is a flat constructed surface made of wood material that is installed outside of a building. The rising construction of residential properties along with increasing spending on outdoor renovations and beautification projects are some of the key factors driving the demand for wooden decking globally. Additionally, wooden decking offers various advantages such as aesthetic appeal, durability, and environment-friendly nature which has further augmented its popularity. However, factors such as high initial costs and maintenance requirements associated with wood material pose challenges for the market's growth.

Market Dynamics:

The global wooden decking market is primarily driven by the increasing construction of new residential properties as well as renovations and remodeling activities undertaken in the existing housing stock. Rapid urbanization coupled with rising disposable incomes in developing nations has augmented the spending on housing projects which use wooden decking extensively in outdoor areas. Moreover, growing focus of consumers on outdoor living spaces amid rising indoor and outdoor entertainment trends has also propelled the demand for wooden decking. However, high initial costs of wood along with maintenance issues associated with wooden surfaces such as rotting, cracks, and warping acts as a major restraining factor negatively impacting the market's growth. Additionally, availability of cheaper substitutes further provides challenges to market's expansion. Meanwhile, ongoing product innovation leading to the development of advanced wood species and composite wood decking materials is expected to present lucrative opportunities for market players over the coming years.

Key Features of the Study:

This report provides an in-depth analysis of the global wooden decking market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year.
It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market.
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players.
It profiles key players in the global wooden decking market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies.
Key companies covered as a part of this study include Trex Company, Inc. , AZEK Building Products , Fiberon , TimberTech , Cali Bamboo , DuraLife Decking & Railing Systems , MoistureShield , Deckorators , Green Bay Decking , UPM ProFi , Accoya , Kebony , Thermory , Osmo Holz und Color GmbH & Co. KG , Silvadec , Millboard , Metsa Wood , Outdure , Ecodek , and Kayu International.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
The global wooden decking market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global wooden decking market.

Detailed Segmentation-

By Type:
- Pressure-treated Wood
- RedWood
- Tropical HardWood
- Cedar
- Wood-Plastic Composites (WPC)
- Other Types (Thermally Modified Wood, Acetylated Wood)
By Application:
- Railing
- Floor
- Wall
- Other Applications
By End-User:
- Residential
- Non-residential
By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Company Profiles:
- Trex Company, Inc.
- AZEK Building Products
- Fiberon
- TimberTech
- Cali Bamboo
- DuraLife Decking & Railing Systems
- MoistureShield
- Deckorators
- Green Bay Decking
- UPM ProFi
- Accoya
- Kebony
- Thermory
- Osmo Holz und Color GmbH & Co. KG
- Silvadec
- Millboard
- Metsa Wood
- Outdure
- Ecodek
- Kayu International

Product Code: CMI5296

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Type
- Market Snippet, By Application
- Market Snippet, By End-User
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
PEST Analysis
PORTER's Five Forces Analysis
Market Opportunities
Regulatory Scenario
Key Developments
Industry Trend

4. Global Wooden Decking Market - Impact of Coronavirus (COVID-19) Pandemic

Overview
Factors Affecting the Global Wooden Decking Market - COVID-19
Impact Analysis

5. Global Wooden Decking Market, By Type, 2019-2031 (US$ Bn)

Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Pressure-treated Wood
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
RedWood
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Tropical HardWood
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Cedar
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Wood-Plastic Composites (WPC)
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Other Types (Thermally Modified Wood, Acetylated Wood)
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends

6. Global Wooden Decking Market, By Application, 2019-2031 (US$ Bn)

Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Railing
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Floor
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Wall
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Other Applications
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends

7. Global Wooden Decking Market, By End-User, 2019-2031 (US$ Bn)

Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Residential
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Non-residential
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends

8. Global Wooden Decking Market, By Region, 2019-2031 (US$ Bn)

Introduction
- Market Share Analysis, By Region, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
North America
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Type, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By Application, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By End-User, 2019- 2031 (US$ Bn)
- Countries
  - U.S.
  - Canada
  - Latin America
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Type, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By Application, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By End-User, 2019- 2031 (US$ Bn)
- Countries
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
  - Europe
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Type, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By Application, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By End-User, 2019- 2031 (US$ Bn)
- Countries
  - U.K.
  - Germany
  - Italy
  - France
  - Spain
  - Russia
  - Rest of Europe
  - Asia Pacific
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Type, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By Application, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By End-User, 2019- 2031 (US$ Bn)
- Countries
  - China
  - India
  - Japan
  - ASEAN
  - Australia
  - South Korea
  - Rest of Asia Pacific
  - Middle East & Africa
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Country, 2020 - 2031
- Market Size and Forecast, By Type, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By Application, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By End-User, 2019- 2031 (US$ Bn)
- Sub-regions/Countries
  - GCC Countries
  - Israel
  - Rest of Middle East & Africa

9. Competitive Landscape

Heat Map Analysis
Market Share Analysis (3x3 Matrix)
Company Profiles
- Trex Company, Inc.
  - Company Overview
  - Type Portfolio
  - Recent Developments/Updates
- AZEK Building Products
- Fiberon
- TimberTech
- Cali Bamboo
- DuraLife Decking & Railing Systems
- MoistureShield
- Deckorators
- Green Bay Decking
- UPM ProFi
- Accoya
- Kebony
- Thermory
- Osmo Holz und Color GmbH & Co. KG
- Silvadec
- Millboard
- Metsa Wood
- Outdure
- Ecodek
- Kayu International

10. Analyst Recommendation

Wheel of Fortune
Analyst View
Coherent Opportunity Map

11. Section

References
Research Methodology
About Us and Sales Contact
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