GLOBAL WOODEN DECKING MARKET 2022-2028

Building & Construction | Construction Materials

GLOBAL WOODEN DECKING MARKET 2022-2028

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

Request For Customization

Request Custom Report

Request Custom Report

Enquire before buying

Enquire Before Buying

A procedure that includes adding a layer of high-quality materials to the exteriors of any building or structure to provide thermal insulation and protection from harsh weather conditions is called wood decking. Wooden decks are manufactured from redwood, pressure-treated wood, tropical hardwood, cedar, wood-plastic composites (WPC), and other materials. Decking of wood is done for new constructions as well as for renovations and upkeep.

According to Triton Market Research’s report, the Global Wooden Decking Market is likely to grow with a CAGR of 4.82% in the forecast period 2022-2028. The market was valued at $20161.16 million in 2021 and is expected to reach a revenue of $27936.26 million by 2028.


Click here to check out our blog on the Global Wooden Decking Market

MARKET PERFORMANCE – DRIVERS, CHALLENGES, AND TRENDS

The market is driven by several factors such as the intensification of remodeling activities, elevated demand for housing & infrastructure in advanced economies, and a rise in affordable housing projects. The construction sector is expanding at a solid pace across the world. Due to the multiple opportunities available in North America, the Asia-Pacific, and the Middle East and Africa, the rising need for structures, and a growing population, these regions are witnessing massive investments in the construction and renovation industries.

Wooden decking is extensively employed in the residential sector for new construction, maintenance, and renovation of structures. In addition, high-rise residential and commercial buildings with rooftop decks frequently use urban landscaping techniques to create “green spaces” or “sky parks.” With the growing popularity of outdoor living spaces, numerous landscape architecture businesses have specialized in the design, building, and upkeep of these areas.

The growing usage of alternative materials for wood decking is a challenge for the market growth. Wood has traditionally been the most popular decking material; however, composite decking is starting to gain prominence for decking and outdoor area renovation. It provides all of the advantages of wood without the hassles of high maintenance and regular maintenance.

High-quality composite decking can endure adverse weather and extreme temperatures. Aluminum is another ideal material for decking as it is lighter and stronger than wood and resistant to mold, weather, and insects. It is even recyclable and thus, provides sustainability. As a result, alternative decking materials have a comparative advantage over wood decking.

Furthermore, significant advancements in the field of wood modification have been made in recent years, which indicates an overall positive market outlook. These changes were prompted by rising environmental concerns and growing demand for consistent and high-quality wood products. The acetylation technique is used in the wood industry to make wood more durable and dimensionally stable.

Several companies are increasing their acetylated wood production and launching products on the market. Acetylated wood is guaranteed by its manufacturers to last 25 to 50 years. It can be recycled or used as a clean fuel source when its lifecycle is up, offering sustainability. Because of the growing benefits and long life of acetylation of woods, it is becoming more often used in wooden decking.



Report scope can be customized per your requirements - Request Free Sample Report 

KEY GEOGRAPHIES COVERED:

•         North America: United States and Canada

•         Europe: United Kingdom, France, Germany, Spain, Italy, and Rest of Europe

•         Asia-Pacific: China, Japan, India, South Korea, ASEAN Countries, Australia & New Zealand, and Rest of Asia-Pacific

•         Latin America: Brazil, Mexico, and Rest of Latin America

•         Middle East and Africa: United Arab Emirates, Saudi Arabia, Turkey, South Africa, and Rest of Middle East & Africa

SEGMENTATION ANALYSIS – WOODEN DECKING MARKET:

         Market by Product Type:

o        Pressure-treated Wood

o        Redwood

o        Tropical Hardwood

o        Cedar

o        Wood-plastic Composites (WPC)

o        Other Product Types

Wood-plastic composites (WPC) is estimated to progress with the highest CAGR in the product type segment during the forecast period. Wood-plastic composites (WPC) are composed of wood fiber and thermoplastic polymers, such as polyethylene, PVC, or polylactic acid. In comparison to other wood varieties, they are regarded as a newer addition to the industry. They are rust-, rot-, and decay-resistant, and do not absorb water. WPCs are regarded as sustainable, since they can be made from recycled plastics and wood industry waste. They are becoming popular among customers because of their reduced life cycle cost. WPCs also take longer to deteriorate than other types of wood. UPM-Kymmene Oyj is one of the companies that offer wood-plastic composite decking products.

•         Market by Application:

o        Railing

o        Floor

o        Wall

o        Other Applications

•         Market by End-user:

o        Residential

o        Non-Residential

Residential leads the end-user in terms of revenue, accounting for the largest share in 2021. In the residential sector, wooden decking is utilized for new construction as well as for repairs and renovations. It is used in residential construction for a variety of purposes, including cladding & siding, flooring, swimming pool decks, pathways, etc. The wooden decking market is likely to be driven by the rising demand for residential projects globally. There has been a significant shortage of housing across the world. This has created a huge opportunity for investors and developers to adopt alternative construction methods and new collaborations to expedite development.

COMPETITIVE LANDSCAPE:

The competitive landscape helps dive into data about the key players in the wooden decking market. The strategic initiatives for each of the companies considered have been covered in detail.

Acquisition (January 2022): Azek Company Inc and StruXure Outdoor Inc

Azek Company Inc acquired StruXure Outdoor Inc, a designer and producer of premium and cutting-edge aluminum pergolas and cabanas.

Partnership (October 2022): Fiberon and Huttig Building Products

Fiberon entered into a distribution partnership with Huttig Building Products, a distributor of millwork, building materials, and wood products, for Fiberon’s outdoor living products.


Key Benefits of the Report:

      Triton Market Research has a collective experience of 25-30 years in the industry, with its analysts and experts encompassing the most infallible research methodology for its market intelligence and industry analysis.

 

      Our research methodology helps in achieving a broader consensus of the market size, shape, and industry trends within each industry segment.

 

      The strategy adopted in designing the research methodology includes the amalgamation of the information assembled from primary and secondary sources, with the assistance of analytical tools to construct the forecast and predictive models.

 

      The scope of the market report comprises the current scenario of the global wooden decking market, along with the detailed overview of the industry outlook, market dynamics, segmentation analysis, regional outlook, and competitive landscape for the period 2022-2028.

 

FAQs:

Q 1) Which is the fastest-growing application in the wooden decking market?

Floor is the fastest-growing application in the wooden decking market.

Q 2) Which product type captured the largest share in the wooden decking market?

Pressure-treated wood captured the largest market share in the wooden decking market. 

Related Reports

ASIA-PACIFC BUILDING INSULATION MARKET 2021-2028
Building & Construction

ASIA-PACIFC BUILDING INSULATION MARKET 2021-2028

Market by End-user, Applicatio ..

VIEW REPORT
ASIA-PACIFIC COPPER BUSBAR MARKET 2022-2028
Building & Construction

ASIA-PACIFIC COPPER BUSBAR MARKET 2022-2028

Market by Deployment, Type, Ap ..

VIEW REPORT
ASIA-PACIFIC ELECTRIC STEEL MARKET 2020-2028
Building & Construction

ASIA-PACIFIC ELECTRIC STEEL MARKET 2020-2028

Market By Type, Application, E ..

VIEW REPORT
ASIA-PACIFIC FENCING MARKET 2021-2028
Building & Construction

ASIA-PACIFIC FENCING MARKET 2021-2028

Market by Material, User, Prod ..

VIEW REPORT
ASIA-PACIFIC FORKLIFT TRUCK MARKET 2023-2030
Building & Construction

ASIA-PACIFIC FORKLIFT TRUCK MARKET 2023-2030

Market by Power Source, Type, ..

VIEW REPORT
ASIA-PACIFIC WOOD COATINGS MARKET 2019-2027
Building & Construction

ASIA-PACIFIC WOOD COATINGS MARKET 2019-2027

Market By Resin Type, Technolo ..

VIEW REPORT
ASIA-PACIFIC WOODEN DECKING MARKET 2022-2028
Building & Construction

ASIA-PACIFIC WOODEN DECKING MARKET 2022-2028

Market by Product Type, Applic ..

VIEW REPORT
EUROPE BUILDING INSULATION MARKET 2021-2028
Building & Construction

EUROPE BUILDING INSULATION MARKET 2021-2028

Market by End-user, Applicatio ..

VIEW REPORT

Table of Content

1. GLOBAL 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. GLOBAL 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. GLOBAL WOODEN DECKING MARKET OUTLOOK – BY APPLICATION

4.1. RAILING

4.2. FLOOR

4.3. WALL

4.4. OTHER APPLICATIONS

5. GLOBAL WOODEN DECKING MARKET OUTLOOK – BY END-USER

5.1. RESIDENTIAL

5.2. NON-RESIDENTIAL

6. GLOBAL WOODEN DECKING MARKET OUTLOOK – REGIONAL OUTLOOK

6.1. NORTH AMERICA

6.1.1. MARKET BY PRODUCT TYPE

6.1.2. MARKET BY APPLICATION

6.1.3. MARKET BY END-USER

6.1.4. COUNTRY ANALYSIS

6.1.4.1. UNITED STATES

6.1.4.2. CANADA

6.2. EUROPE

6.2.1. MARKET BY PRODUCT TYPE

6.2.2. MARKET BY APPLICATION

6.2.3. MARKET BY END-USER

6.2.4. COUNTRY ANALYSIS

6.2.4.1. UNITED KINGDOM

6.2.4.2. GERMANY

6.2.4.3. FRANCE

6.2.4.4. SPAIN

6.2.4.5. ITALY

6.2.4.6. REST OF EUROPE

6.3. ASIA-PACIFIC

6.3.1. MARKET BY PRODUCT TYPE

6.3.2. MARKET BY APPLICATION

6.3.3. MARKET BY END-USER

6.3.4. COUNTRY ANALYSIS

6.3.4.1. CHINA

6.3.4.2. JAPAN

6.3.4.3. INDIA

6.3.4.4. SOUTH KOREA

6.3.4.5. ASEAN COUNTRIES

6.3.4.6. AUSTRALIA & NEW ZEALAND

6.3.4.7. REST OF ASIA-PACIFIC

6.4. LATIN AMERICA

6.4.1. MARKET BY PRODUCT TYPE

6.4.2. MARKET BY APPLICATION

6.4.3. MARKET BY END-USER

6.4.4. COUNTRY ANALYSIS

6.4.4.1. BRAZIL

6.4.4.2. MEXICO

6.4.4.3. REST OF LATIN AMERICA

6.5. MIDDLE EAST AND AFRICA

6.5.1. MARKET BY PRODUCT TYPE

6.5.2. MARKET BY APPLICATION

6.5.3. MARKET BY END-USER

6.5.4. COUNTRY ANALYSIS

6.5.4.1. UNITED ARAB EMIRATES

6.5.4.2. SAUDI ARABIA

6.5.4.3. TURKEY

6.5.4.4. SOUTH AFRICA

6.5.4.5. REST OF MIDDLE EAST & AFRICA

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: GLOBAL WOODEN DECKING MARKET, BY REGIONAL OUTLOOK, 2022-2028 (IN $ MILLION)

TABLE 2: VENDOR SCORECARD

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

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

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

TABLE 6: GLOBAL WOODEN DECKING MARKET, BY REGIONAL OUTLOOK, 2022-2028 (IN $ MILLION)

TABLE 7: NORTH AMERICA WOODEN DECKING MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)

TABLE 8: NORTH AMERICA WOODEN DECKING MARKET, BY PRODUCT TYPE, 2022-2028 (IN $ MILLION)

TABLE 9: NORTH AMERICA WOODEN DECKING MARKET, BY APPLICATION, 2022-2028 (IN $ MILLION)

TABLE 10: NORTH AMERICA WOODEN DECKING MARKET, BY END-USER, 2022-2028 (IN $ MILLION)

TABLE 11: EUROPE WOODEN DECKING MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)

TABLE 12: EUROPE WOODEN DECKING MARKET, BY PRODUCT TYPE, 2022-2028 (IN $ MILLION)

TABLE 13: EUROPE WOODEN DECKING MARKET, BY APPLICATION, 2022-2028 (IN $ MILLION)

TABLE 14: EUROPE WOODEN DECKING MARKET, BY END-USER, 2022-2028 (IN $ MILLION)

TABLE 15: ASIA-PACIFIC WOODEN DECKING MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)

TABLE 16: ASIA-PACIFIC WOODEN DECKING MARKET, BY PRODUCT TYPE, 2022-2028 (IN $ MILLION)

TABLE 17: ASIA-PACIFIC WOODEN DECKING MARKET, BY APPLICATION, 2022-2028 (IN $ MILLION)

TABLE 18: ASIA-PACIFIC WOODEN DECKING MARKET, BY END-USER, 2022-2028 (IN $ MILLION)

TABLE 19: LATIN AMERICA WOODEN DECKING MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)

TABLE 20: LATIN AMERICA WOODEN DECKING MARKET, BY PRODUCT TYPE, 2022-2028 (IN $ MILLION)

TABLE 21: LATIN AMERICA WOODEN DECKING MARKET, BY APPLICATION, 2022-2028 (IN $ MILLION)

TABLE 22: LATIN AMERICA WOODEN DECKING MARKET, BY END-USER, 2022-2028 (IN $ MILLION)

TABLE 23: MIDDLE EAST AND AFRICA WOODEN DECKING MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)

TABLE 24: MIDDLE EAST AND AFRICA WOODEN DECKING MARKET, BY PRODUCT TYPE, 2022-2028 (IN $ MILLION)

TABLE 25: MIDDLE EAST AND AFRICA WOODEN DECKING MARKET, BY APPLICATION, 2022-2028 (IN $ MILLION)

TABLE 26: MIDDLE EAST AND AFRICA WOODEN DECKING MARKET, BY END-USER, 2022-2028 (IN $ MILLION)

List of Figures

FIGURE 1: MARKET ATTRACTIVENESS INDEX

FIGURE 2: VALUE CHAIN ANALYSIS

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

FIGURE 18: GLOBAL WOODEN DECKING MARKET, REGIONAL OUTLOOK, 2021 & 2028 (IN %)

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

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

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

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

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

FIGURE 24: SPAIN WOODEN DECKING MARKET 2022-2028 (IN $ MILLION)

FIGURE 25: ITALY WOODEN DECKING MARKET 2022-2028 (IN $ MILLION)

FIGURE 26: REST OF EUROPE WOODEN DECKING MARKET 2022-2028 (IN $ MILLION)

FIGURE 27: CHINA WOODEN DECKING MARKET 2022-2028 (IN $ MILLION)

FIGURE 28: JAPAN WOODEN DECKING MARKET 2022-2028 (IN $ MILLION)

FIGURE 29: INDIA WOODEN DECKING MARKET 2022-2028 (IN $ MILLION)

FIGURE 30: SOUTH KOREA WOODEN DECKING MARKET 2022-2028 (IN $ MILLION)

FIGURE 31: ASEAN COUNTRIES WOODEN DECKING MARKET 2022-2028 (IN $ MILLION)

FIGURE 32: AUSTRALIA & NEW ZEALAND WOODEN DECKING MARKET 2022-2028 (IN $ MILLION)

FIGURE 33: REST OF ASIA-PACIFIC WOODEN DECKING MARKET 2022-2028 (IN $ MILLION)

FIGURE 34: BRAZIL WOODEN DECKING MARKET 2022-2028 (IN $ MILLION)

FIGURE 35: MEXICO WOODEN DECKING MARKET 2022-2028 (IN $ MILLION)

FIGURE 36: REST OF LATIN AMERICA WOODEN DECKING MARKET 2022-2028 (IN $ MILLION)

FIGURE 37: UNITED ARAB EMIRATES WOODEN DECKING MARKET 2022-2028 (IN $ MILLION)

FIGURE 38: SAUDI ARABIA WOODEN DECKING MARKET 2022-2028 (IN $ MILLION)

FIGURE 39: TURKEY WOODEN DECKING MARKET 2022-2028 (IN $ MILLION)

FIGURE 40: SOUTH AFRICA WOODEN DECKING MARKET 2022-2028 (IN $ MILLION)

FIGURE 41: REST OF MIDDLE EAST & AFRICA WOODEN DECKING MARKET 2022-2028 (IN $ MILLION)

Purchase Options

  • Licence Type
  • Price
  • User/Sharing
  • Printing
  • Delivery Formats
  • Free customization (Pre-sale)
  • Analyst hour support (Post Sale)
  • Customized notification for newly published report
  • Free report on update (within 180 days)

Single User PDF

$2,750.00

  • User/Sharing
  • Restricted to one authorized user
  • Printing
  • Not printable
  • Delivery Formats
  • Pdf
  • Free customization (Pre-sale)
  • 10% Free customization
  • Analyst hour support (Post Sale)
  • 3 hours
  • Customized notification (newly published)
  • Free report on update (within 180 days)

Enterprise Online/PDF

$4,000.00

  • User/Sharing
  • Unlimited
  • Printing
  • Unlimited
  • Delivery Formats
  • Pdf and market estimation excel
  • Free customization (Pre-sale)
  • 20% Free customization
  • Analyst hour support (Post Sale)
  • 8 hour
  • Customized notification (newly published)
  • Free report on update (within 180 days)

Request free Sample

Request Custom Report

Request Custom Report

Enquire before buying

Enquire Before Buying