Wooden Decking Market - By Wood Type, By Category, By Application, By End User, By Distribution Channel, Forecast 2024

Description

Wooden Decking Market size is projected to expand at 7.1% CAGR from 2024 to 2032, led by the benefits of aesthetic appeal and versatile applications.

Lately, people are choosing various decking options for their natural beauty and warmth for enhancing outdoor spaces. Designers are also focusing on creating visually appealing environments that blend seamlessly with nature. The ongoing innovations are further ensuring that wooden decking facilitates stylish and functional outdoor areas for meeting the evolving design preferences and performance requirements. For instance, in February 2022, Notion introduced Rooftop Deck Flooring for expanding the range of its wooden decking options while catering to the growing demand for stylish and durable outdoor flooring.

The overall market is segregated into wood type, category, application, end-user, distribution channel, and region.

Based on wood type, the wooden decking market value from the wood-plastic composites segment is estimated to expand at a significant rate from 2024 to 2032. This is due to the increasing demand for the natural look of wood with the durability of synthetic materials. These composites help in enhancing outdoor spaces with more resistant and low-maintenance options compared to traditional wood. Rising need for offering improved weather resistance and longevity in decking applications will drive the product demand.

Wooden decking industry from the wall application segment is anticipated to expand at a substantial CAGR up to 2032. This is owing to the growing usage of wooden decking creatively on walls to add a touch of natural warmth and texture to interior and exterior spaces whilst enhancing their visual appeal for creating a cozy and inviting atmosphere. Designers are also experimenting with various finishes and patterns to achieve unique looks and styles. The influx of new techniques and treatments for improving the durability and versatility of wooden decking on walls will add to the segment growth.

Regionally, the Europe wooden decking market size is projected to depict robust growth between 2024 and 2032, on account of the rising disposable incomes and increasing real estate development. People are investing in high-quality outdoor spaces as they have more financial flexibility due to the expansion of new residential and commercial projects. The higher disposable incomes and multiplying real estate projects will also favor the regional industry growth.

Product Code: 3771

Chapter 1 Methodology & Scope

1.1 Market scope & definition
1.2 Base estimates & calculations
1.3 Forecast parameters
1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
  - 1.4.2.1 Paid sources
  - 1.4.2.2 Public sources

Chapter 2 Executive Summary

2.1 Industry 360° synopsis, 2021 - 2032

Chapter 3 Industry Insights

3.1 Industry ecosystem analysis
- 3.1.1 Factor affecting the value chain
- 3.1.2 Profit margin analysis
- 3.1.3 Disruptions
- 3.1.4 Future outlook
- 3.1.5 Manufacturers
- 3.1.6 Distributors
- 3.1.7 Retailers
3.2 Regulatory landscape
3.3 Impact forces
- 3.3.1 Growth drivers
  - 3.3.1.1 Increase in the construction industry
  - 3.3.1.2 Growing trend of outdoor living spaces
  - 3.3.1.3 Shift towards sustainable and biodegradable building materials
  - 3.3.1.4 Increase in the residential sector
- 3.3.2 Industry pitfalls & challenges
  - 3.3.2.1 Availability of substitutes
  - 3.3.2.2 Concerns related to deforestation
3.4 Growth potential analysis
3.5 Porter's analysis
3.6 PESTEL analysis

Chapter 4 Competitive Landscape, 2023

4.1 Introduction
4.2 Company market share analysis
4.3 Competitive positioning matrix
4.4 Strategic outlook matrix

Chapter 5 Market Estimates & Forecast, By Wood Type, 2021 - 2032, (USD Million)

5.1 Key trends
5.2 Pressure treated wood
5.3 Redwood
5.4 Cedar
5.5 Tropical hardwood
5.6 Wood-plastic composites
5.7 Others (Mahogany, teak, tigerwood, etc.)

Chapter 6 Market Estimates & Forecast, By Category, 2021 - 2032, (USD Million)

6.1 Key trends
6.2 Indoor
6.3 Outdoor

Chapter 7 Market Estimates & Forecast, By Application, 2021 - 2032, (USD Million)

7.1 Key trends
7.2 Railing
7.3 Floor
7.4 Wall
7.5 Others

Chapter 8 Market Estimates & Forecast, By End User, 2021 - 2032, (USD Million)

8.1 Key trends
8.2 Residential
- 8.2.1 New construction
- 8.2.2 Remodelling
8.3 Commercial
- 8.3.1 New construction
- 8.3.2 Remodelling

Chapter 9 Market Estimates & Forecast, By Distribution Channel, 2021 - 2032, (USD Million)

9.1 Key trends
9.2 Direct sales
9.3 Indirect sales

Chapter 10 Market Estimates & Forecast, By Region, 2021 - 2032, (USD Million)

10.1 Key trends
10.2 North America
- 10.2.1 U.S.
- 10.2.2 Canada
10.3 Europe
- 10.3.1 Germany
- 10.3.2 UK
- 10.3.3 France
- 10.3.4 Italy
- 10.3.5 Spain
- 10.3.6 Rest of Europe
10.4 Asia Pacific
- 10.4.1 China
- 10.4.2 India
- 10.4.3 Japan
- 10.4.4 South Korea
- 10.4.5 Australia
- 10.4.6 Rest of Asia Pacific
10.5 Latin America
- 10.5.1 Brazil
- 10.5.2 Mexico
- 10.5.3 Rest of Latin America
10.6 MEA
- 10.6.1 UAE
- 10.6.2 Saudi Arabia
- 10.6.3 South Africa
- 10.6.4 Rest of MEA

Chapter 11 Company Profiles (Business Overview, Financial Data, Product Landscape, Strategic Outlook, SWOT Analysis)

11.1 Alfresco Floors
11.2 AZEK Building Products
11.3 DuraLife
11.4 Fiberon
11.5 Humboldt Redwood Company
11.6 Inovar Floors
11.7 James Latham PLC
11.8 Kebony
11.9 Koppers
11.10 Metsa Group
11.11 Thermory AS
11.12 Trex Company, Inc.
11.13 UPM
11.14 United Construction Products
11.15 Universal Forest Products
11.16 Vetedy Group
11.17 West Fraser
11.18 Weyerhaeuser Company

Wooden Decking Market - By Wood Type, By Category, By Application, By End User, By Distribution Channel, Forecast 2024 - 2032