Wooden Decking Market Report: Trends, Forecast and Competitive Analysis to 2030

Wooden Decking Trends and Forecast

The future of the global wooden decking market looks promising with opportunities in the residential and non-residential markets. The global wooden decking market is expected to reach an estimated $33.1 billion by 2030 with a CAGR of 5.1% from 2024 to 2030. The major drivers for this market are increasing remodeling and refurbishment activities and growing adoption of this decking in housing and luxurious infrastructure.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Wooden Decking by Segment

The study includes a forecast for the global wooden decking by type, application, end use, and region.

Wooden Decking Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Pressure-Treated Wood
• Redwood
• Tropical Hardwood
• Cedar
• Wood-Plastic Composites
• Others

Wooden Decking Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Railing
• Floor
• Wall
• Others

Wooden Decking Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Residential
• Non-Residential

Wooden Decking Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Wooden Decking Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies wooden decking companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the wooden decking companies profiled in this report include-

• The AZEK
• Trex Company
• Fiberon
• Metsa Wood
• DuraLife Decking and Railing Systems
• West Fraser Timber
• James Latham
• Vetedy Group
• Cox Industries
• Kymmene Corporation

Wooden Decking Market Insights

Lucintel forecasts that floor is expected to witness the highest growth over the forecast period.

Within this market, residential will remain larger segment over the forecast period.

North America will remain the largest region over the forecast period.

Features of the Global Wooden Decking Market

Market Size Estimates: Wooden decking market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Wooden decking market size by type, application, end use, and region in terms of value ($B).

Regional Analysis: Wooden decking market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, applications, end uses, and regions for the wooden decking market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the wooden decking market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the wooden decking market size?

Answer: The global wooden decking market is expected to reach an estimated $33.1 billion by 2030.

Q2. What is the growth forecast for wooden decking market?

Answer: The global wooden decking market is expected to grow with a CAGR of 5.1% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the wooden decking market?

Answer: The major drivers for this market are increasing remodeling and refurbishment activities and growing adoption of this decking in housing and luxurious infrastructure.

Q4. What are the major segments for wooden decking market?

Answer: The future of the wooden decking market looks promising with opportunities in the residential and non-residential markets.

Q5. Who are the key wooden decking market companies?

Answer: Some of the key wooden decking companies are as follows:

• The AZEK
• Trex Company
• Fiberon
• Metsa Wood
• DuraLife Decking and Railing Systems
• West Fraser Timber
• James Latham
• Vetedy Group
• Cox Industries
• Kymmene Corporation

Q6. Which wooden decking market segment will be the largest in future?

Answer: Lucintel forecasts that floor is expected to witness the highest growth over the forecast period.

Q7. In wooden decking market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the wooden decking market by type (pressure-treated wood, redwood, tropical hardwood, cedar, wood-plastic composites, and others), application (railing, floor, wall, and others), end use (residential and non-residential), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?