ASIA-PACIFIC WOODEN DECKING MARKET 2022-2028

Building & Construction | Construction Materials

ASIA-PACIFIC WOODEN DECKING MARKET 2022-2028

Market by Product Type, Application, End-user, and Country Outlook | Forecast 2022-2028

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As per Triton Market Research’s report, the wooden decking market in the Asia-Pacific is estimated to grow with a CAGR of 5.21% over the forecasting period 2022-2028.




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The countries scrutinized in this region include:

•         ASEAN Countries

•         Australia & New Zealand

•         Japan

•         South Korea

•         China

•         India

•         Rest of Asia-Pacific

China is expected to observe the fastest growth in the market in this region during the estimated period. Countries in Asia are focusing on infrastructure development, thereby fueling the construction industry in the region. The demand for wooden decking is expected to grow, as the number of logistics centers, IT towers, multifunctional towers, and universities increases, thus driving the market in the Asia-Pacific market. However, this growth is affected by fluctuations in timber production and demand.

China is the world’s leading construction market, accounting for 20% of overall construction investments. A rise in household income levels and a surging number of people relocating from rural to urban regions have fueled the demand for the residential building sector in the country. Moreover, the construction of non-residential infrastructure, such as hospitals & healthcare facilities and commercial facilities, is also on the rise, which is anticipated to fuel the demand for wooden decking in the country.

The construction sector in Japan is likely to grow in the forthcoming years due to enhanced expenditure on public & private infrastructure and commercial projects. Japan is known for its high-rise buildings, with Tokyo serving as the prime hub for such structures. Two high-rise towers for Tokyo station, a 37-story (230-meter tall) office tower and a 61-story (390-meter tall) office tower, are scheduled for completion by 2027. With the planning and construction of such structures growing in Japan, the country’s wooden decking market is expected to observe growth.  

Pressure-treated wood is specially treated to make it more durable and less resistant to mildew, rot, water damage, and insect infestation. Some pressure treatments can also make the wood fire-resistant. Pressure-treated wood is generally used for home ceilings, wall sidings, and outside stairs. It has a lifespan ranging from 9 to 40 years or more, depending on how and where it is used.

Triton’s report assesses the market according to product type, application, and end-user. Here, the product type segment comprises pressure-treated wood, cedar, tropical hardwood, redwood, wood-plastic composites (WPC), and other product types.

The notable companies in the wooden decking market include UFP Industries Inc, West Fraser Timber Co Ltd, NeoTimber, Inovar Floor, Kebony, DuraLife Decking & Railing Systems, Tecnodeck (Mittera Group), Vetedy Group, Trex Company Inc, and Deck Solutions LLC.

Inovar Floor is a Malaysia-based company that offers wood decking and flooring products. The company sells its outdoor decking products under the brand names DeckShield UltraDeck, NatureDeck, and NovaDeck. Inovar is renowned for its durable and environment-friendly products. The company is headquartered in Bestari Jaya, Kuala Lumpur. It has regional offices in India, Vietnam, Thailand, Taiwan, Singapore, and Australia.

 

Key deliverables of the report:

·       Market CAGR during the forecasting years 2022-2028

·       Detailed data highlighting key insights, industry components, and market strategies

·       Comprehensive information and estimation of the wooden decking market revenue growth in Asia-Pacific and its influence on the parent market

·       In-depth study of forthcoming trends in consumer behavioral patterns

·       A meticulous analysis of the competitive landscape, vendor scorecard, and Porter’s Five Forces Model

·       A wide-ranging study of factors that will challenge the Asia-Pacific wooden decking market’s growth during the upcoming years

Want to get specific insights? Our team of analysts can customize this report based on your preferences. Connect with us here

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Table of Content

1. ASIA-PACIFIC WOODEN DECKING MARKET – SUMMARY

2. INDUSTRY OUTLOOK

2.1. IMPACT OF COVID-19 ON THE WOODEN DECKING MARKET

2.2. KEY INSIGHT

2.2.1. WIDESPREAD USE OF ACETYLATED WOOD IN WOODEN DECKING

2.3. PORTER’S FIVE FORCES ANALYSIS

2.3.1. THREAT OF NEW ENTRANTS

2.3.2. THREAT OF SUBSTITUTES

2.3.3. BARGAINING POWER OF BUYERS

2.3.4. BARGAINING POWER OF SUPPLIERS

2.3.5. THREAT OF COMPETITIVE RIVALRY

2.4. MARKET ATTRACTIVENESS INDEX

2.5. VENDOR SCORECARD

2.6. VALUE CHAIN ANALYSIS

2.7. KEY MARKET STRATEGIES

2.7.1. ACQUISITIONS

2.7.2. CONTRACTS & PARTNERSHIPS

2.7.3. EXPANSIONS

2.8. MARKET DRIVERS

2.8.1. INTENSIFICATION OF REMODELING ACTIVITIES

2.8.2. ELEVATED DEMAND FOR HOUSING AND INFRASTRUCTURE IN ADVANCED ECONOMIES

2.8.3. INCREASE IN AFFORDABLE HOUSING PROJECTS

2.9. MARKET CHALLENGE

2.9.1. GROWING USAGE OF ALTERNATIVE WOOD DECKING MATERIALS

2.10. MARKET OPPORTUNITY

2.10.1. RISING DEMAND FOR WOODEN DECKS DUE TO AN INCREASE IN GREEN BUILDING CONSTRUCTION

3. ASIA-PACIFIC WOODEN DECKING MARKET OUTLOOK – BY PRODUCT TYPE

3.1. PRESSURE-TREATED WOOD

3.2. REDWOOD

3.3. TROPICAL HARDWOOD

3.4. CEDAR

3.5. WOOD-PLASTIC COMPOSITES (WPC)

3.6. OTHER PRODUCT TYPES

4. ASIA-PACIFIC WOODEN DECKING MARKET OUTLOOK – BY APPLICATION

4.1. RAILING

4.2. FLOOR

4.3. WALL

4.4. OTHER APPLICATIONS

5. ASIA-PACIFIC WOODEN DECKING MARKET OUTLOOK – BY END-USER

5.1. RESIDENTIAL

5.2. NON-RESIDENTIAL

6. ASIA-PACIFIC WOODEN DECKING MARKET – COUNTRY OUTLOOK

6.1. CHINA

6.2. JAPAN

6.3. INDIA

6.4. SOUTH KOREA

6.5. ASEAN COUNTRIES

6.6. AUSTRALIA & NEW ZEALAND

6.7. REST OF ASIA-PACIFIC

7. COMPETITIVE LANDSCAPE

7.1. AZEK COMPANY INC

7.2. SETRA GROUP AB

7.3. UPM-KYMMENE OYJ

7.4. METSÄ GROUP

7.5. VETEDY GROUP

7.6. UFP INDUSTRIES INC

7.7. INOVAR FLOOR

7.8. DECK SOLUTIONS LLC

7.9. HUMBOLDT SAWMILL COMPANY LLC

7.10. WEYERHAEUSER COMPANY

7.11. WEST FRASER TIMBER CO LTD

7.12. DURALIFE DECKING & RAILING SYSTEMS

7.13. THERMORY AS

7.14. NEOTIMBER

7.15. FIBERON

7.16. MENDOCINO FOREST PRODUCTS COMPANY LLC

7.17. TREX COMPANY INC

7.18. KEBONY

7.19. TECNODECK (MITTERA GROUP)

8. RESEARCH METHODOLOGY & SCOPE

8.1. RESEARCH SCOPE & DELIVERABLES

8.2. SOURCES OF DATA

8.3. RESEARCH METHODOLOGY

List of Tables

TABLE 1: ASIA-PACIFIC WOODEN DECKING MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)

TABLE 2: VENDOR SCORECARD

TABLE 3: ASIA-PACIFIC WOODEN DECKING MARKET, BY PRODUCT TYPE, 2022-2028 (IN $ MILLION)

TABLE 4: ASIA-PACIFIC WOODEN DECKING MARKET, BY APPLICATION, 2022-2028 (IN $ MILLION)

TABLE 5: ASIA-PACIFIC WOODEN DECKING MARKET, BY END-USER, 2022-2028 (IN $ MILLION)

TABLE 6: ASIA-PACIFIC WOODEN DECKING MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)

List of Figures

FIGURE 1: MARKET ATTRACTIVENESS INDEX

FIGURE 2: VALUE CHAIN ANALYSIS

FIGURE 3: ASIA-PACIFIC WOODEN DECKING MARKET, BY PRODUCT TYPE, 2021 & 2028 (IN %)

FIGURE 4: ASIA-PACIFIC WOODEN DECKING MARKET, BY PRESSURE-TREATED WOOD, 2022-2028 (IN $ MILLION)

FIGURE 5: ASIA-PACIFIC WOODEN DECKING MARKET, BY REDWOOD, 2022-2028 (IN $ MILLION)

FIGURE 6: ASIA-PACIFIC WOODEN DECKING MARKET, BY TROPICAL HARDWOOD, 2022-2028 (IN $ MILLION)

FIGURE 7: ASIA-PACIFIC WOODEN DECKING MARKET, BY CEDAR, 2022-2028 (IN $ MILLION)

FIGURE 8: ASIA-PACIFIC WOODEN DECKING MARKET, BY WOOD-PLASTIC COMPOSITES (WPC), 2022-2028 (IN $ MILLION)

FIGURE 9: ASIA-PACIFIC WOODEN DECKING MARKET, BY OTHER PRODUCT TYPES, 2022-2028 (IN $ MILLION)

FIGURE 10: ASIA-PACIFIC WOODEN DECKING MARKET, BY APPLICATION, 2021 & 2028 (IN %)

FIGURE 11: ASIA-PACIFIC WOODEN DECKING MARKET, BY RAILING, 2022-2028 (IN $ MILLION)

FIGURE 12: ASIA-PACIFIC WOODEN DECKING MARKET, BY FLOOR, 2022-2028 (IN $ MILLION)

FIGURE 13: ASIA-PACIFIC WOODEN DECKING MARKET, BY WALL, 2022-2028 (IN $ MILLION)

FIGURE 14: ASIA-PACIFIC WOODEN DECKING MARKET, BY OTHER APPLICATIONS, 2022-2028 (IN $ MILLION)

FIGURE 15: ASIA-PACIFIC WOODEN DECKING MARKET, BY END-USER, 2021 & 2028 (IN %)

FIGURE 16: ASIA-PACIFIC WOODEN DECKING MARKET, BY RESIDENTIAL, 2022-2028 (IN $ MILLION)

FIGURE 17: ASIA-PACIFIC WOODEN DECKING MARKET, BY NON-RESIDENTIAL, 2022-2028 (IN $ MILLION)

FIGURE 18: ASIA-PACIFIC WOODEN DECKING MARKET, COUNTRY OUTLOOK, 2021 & 2028 (IN %)

FIGURE 19: CHINA WOODEN DECKING MARKET 2022-2028 (IN $ MILLION)

FIGURE 20: JAPAN WOODEN DECKING MARKET 2022-2028 (IN $ MILLION)

FIGURE 21: INDIA WOODEN DECKING MARKET 2022-2028 (IN $ MILLION)

FIGURE 22: SOUTH KOREA WOODEN DECKING MARKET 2022-2028 (IN $ MILLION)

FIGURE 23: ASEAN COUNTRIES WOODEN DECKING MARKET 2022-2028 (IN $ MILLION)

FIGURE 24: AUSTRALIA & NEW ZEALAND WOODEN DECKING MARKET 2022-2028 (IN $ MILLION)

FIGURE 25: REST OF ASIA-PACIFIC WOODEN DECKING MARKET 2022-2028 (IN $ MILLION)

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