The wood deck market is expected to record a CAGR of over 4% over the forecast period. The main factors driving the research market are the increasing remodeling and renovation activities and the demand for luxurious infrastructure in developed countries.
The replacement by composite deck is expected to hinder the growth of the research market.
The wood deck market is expected to show high growth due to increased urbanization, large investments in infrastructure and industrial sectors, and increased construction activity in emerging economies. The repair and remodeling segment is expected to occupy the largest market share from 2016 to 2021 and dominate the wood deck market. New decks in new homes play a key role in transforming the timber deck landscape and are expected to grow at the second highest rate. During the forecast period.
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Key Market Players
- Sundek Interio
- United Construction Products
- AZEK Building Products
- Metsa Wood
- Humboldt Redwood Company
- Universal Forest Products
- Deck Solutions
- Trex Company
- Alfresco Floors
- Thermory AS
Wooden Decking Market Segmentation
- Pressure treated wood
- Tropical hardwood
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o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Wooden Decking Market Report
- What was the Wooden Decking Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Wooden Decking Market during the forecast period (2021-2027)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2021-2027)?
- Which manufacturer/vendor/players in the Wooden Decking Market was the market leader in 2018?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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