PUBLISHER: TechNavio | PRODUCT CODE: 1666748
PUBLISHER: TechNavio | PRODUCT CODE: 1666748
The decking market is forecasted to grow by USD 6897.7 million during 2024-2029, accelerating at a CAGR of 6.8% during the forecast period. The report on the decking market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by changing lifestyles and increasing use of outdoor living spaces, rising urbanization, and increasing replacement of wood with composite decking.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 5.8% |
CAGR | 6.8% |
Incremental Value | $6897.7 mn |
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's decking market is segmented as below:
By Application
By Product
By Distribution Channel
By Geographical Landscape
This study identifies the growing home improvement industry as one of the prime reasons driving the decking market growth during the next few years. Also, rising adoption of prefabricated construction solutions and increasing need for customized decking will lead to sizable demand in the market.
The report on the decking market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading decking market vendors that include Advantage Trim and Lumber Co., Beologic N.V., CRH PLC, Fiberon, Fortune Brands Innovations Inc., Hardy Smith Designs Pvt. Ltd., Humboldt Redwood Co. LLC, James Latham PLC, JSW Holdings Ltd., METSA GROUP, NewTechWood America Inc., Saraswati Wood Pvt. Ltd, The AZEK Co. Inc., Timber Holdings USA, Trex Co. Inc., UFP Industries Inc., UPM Kymmene Corp., VETEDY GROUP, West Fraser Timber Co. Ltd., and Xylos Arteriors India Pvt Ltd. Also, the decking market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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