Wooden Decking Market Revenue, Driving Factors, Key Players, Strategies, Trends, Forecast Till 2028

According to the current analysis of Reports and Data, the global Wooden Decking market was valued at USD 7,887.3 Million in 2020 and is expected to reach USD 9,089.1 Million by year 2028, at a CAGR of 1.7%. This report covers the genre of building materials with specific focus on wooden decking. A deck is a flat surface capable of supporting weight, similar to a floor, but typically constructed outdoors. They are often elevated from the ground and are usually connected to buildings. Decks are, mainly, of three types namely, wooden decks, composite decks and PVC decks. Composite and PVC decks are decks produced using artificial materials such as plastics. However, they preserve the woody look.  Wooden decks, as the name suggests, are decks made purely of wood. These decks are usually used for residential and non-residential interiors and constructions. The wooden decks are of several types such as, redwood, cedar, pressure treated lumber etc. These wooden decking now-a-days come in two forms namely, tiles and panels. Increasing demand of wooden decks for residential interiors has been increasing due to the increase in constructions. This is the major driving factor of the market. However, the growing environmental concerns and availability of alternatives act as the main restraining factors. They are predominantly used as rails and building materials. The continuous construction works has been encouraging this market as well.

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Market Dynamics:

Factors such as growing adoption of eco-friendly materials for construction due to rising environmental concerns, rapid industrialization, increasing number of renovations and redevelopment schemes are boosting market revenue growth. In addition, increasing government schemes and investments by private organizations to support manufacturing and construction industry is further fueling market growth.

Competitive Landscape:

The report further offers comprehensive analysis of each market player, company overview, expansion plans, global position and revenue contribution. The global Wooden Decking market is extremely competitive and comprises key players at global and regional level. These players are focusing on various strategies such as mergers and acquisitions, partnerships, collaborations, new product launches and joint ventures to strengthen their market position and expand their product base.

Leading companies operating in the global Wooden Decking market are: Universal Forests Products, Weyerhaeuser, West Fraser Timber, Intefor Co., James Latham Plc and Mendocino Redwood Company. Intefor Co. dominates the market.

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Furthermore, the report offers insights of the market segments based on product type, applications, and end users:

Type (Revenue, USD Million; 2020–2028)

Redwood Decking

Cedar Decking

Pressure treated Decking

Others:

Mahogany

IPE (Brazilian Walnut)

Teak

Camaru

Application (Revenue, USD Million; 2020–2028)

Residential

Building Constructions

Infrastructures

End Use (Revenue, USD Million; 2020–2028)

Residential

Non-residential:

Commercial

Patios

Docks

Hotels

Geographically, the global market has been segmented into:

Regional Outlook of Wooden Decking Market:

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • U.K.
  • Italy
  • France
  • BENELUX
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of APAC
• Latin America
  • Brazil
  • Rest of LATAM
• Middle East & Africa
  • Saudi Arabia
  • A.E.
  • South Africa
  • Rest of MEA

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