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Wooden Decking Market Report
Wooden Decking Market Size, Share, Trend, Forecast, & Industry Analysis – 2021-2026
The Wooden Decking Market is Segmented by Wood Type (Pressure-Treated Wood, Cedar Wood, Redwood, and Others), by Application Type (Building Material and Rails & Infrastructure), by Construction Type (Repairs & Remodeling and New Constructions), by End-User Type ...
Wooden Decking market is likely to witness a modest CAGR of 2.8% during the forecast period. Organic growth of the construction industry coupled with rising per capita income, and increasing investment by individuals to provide more aesthetic looks to their residential households as well as workplaces are the major factors for the healthy growth of the market for wooden decking.
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Wooden Decking Market - Snapshot |
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Growth |
2.8% for the next five year |
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Major Construction Type |
Repairs and Remodeling |
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Dominant End-User Type |
Residential |
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Region with the highest demand |
North America |
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Key Players |
UPM-Kymmene Oyj, Weyerhaeuser Company, West Fraser Timber Co. Ltd., UFP Industries, Inc., Metsä Group, Setra Group AB, James Latham plc, Cox Industries, Inc., Humboldt Redwood Company and Mendocino Redwood Company, and Vetedy Group. |
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Based on the construction type, the market is segmented as repairs & remodeling and new constructions. The repairs & remodeling segment held the larger share of the market in 2020, and is expected to remain dominant during the forecast period. Increasing repairs & remodeling activities to improve the aesthetics of the residential construction sector are the major factors behind the dominance of the segment over the next five years.
Based on the end-user type, the wooden decking market is segmented as residential and non-residential. The residential segment dominates the market, owing to surge in its demand for improving aesthetics and recreational facilities in the outdoors of residential constructions.
In terms of regions, North America is estimated to be the largest market, whereas Asia-Pacific is projected to be the highest-growing region in the market, fueled by its higher demand in emerging economies of the region such as China, India, and Japan. Highly growing construction industry along with rapid urbanization and rising disposable income in the emerging economies such as China, Japan, and India, are the major growth factors of the Asia-Pacific’s wooden decking market during the forecast period.
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Wooden Decking is a flat wooden floor surface constructed outside the residential buildings as extended living areas of the house or as a part of garden landscaping, railings, etc.
Wooden Deckings should be capable of withstanding weights as they are generally constructed above the ground and are usually covered by railings for safety.
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
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Wooden Decking Market Research Report - Features |
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Market Segmentation |
5 |
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Regions Covered |
4 |
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Countries/Sub-Regions Covered |
12 |
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No. of Figures & Tables |
>150 |
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Company Profiles |
10 |
The wooden decking market is segmented into the following categories.
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Some of the major players in the wooden decking market are-
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Market Segmentation
Competitive Benchmarking
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.
The wooden decking market is expected to witness an impressive growth of 2.8% CAGR in the foreseeable future.
UPM-Kymmene Oyj, Weyerhaeuser Company, West Fraser Timber Co. Ltd., UFP Industries, Inc., Metsä Group, Setra Group AB, James Latham plc, Cox Industries, Inc., Humboldt Redwood Company and Mendocino Redwood Company, Vetedy Group are among the key players in the wooden decking market.
North America is expected to be the largest wooden decking market during the forecast period.
The residential segment dominates the wooden decking market.
The repairs & remodeling segment is expected to remain dominant in the wooden decking market in the coming years.
Organic growth of the construction industry coupled with rising per capita income, and increasing investment by individuals to provide more aesthetic looks to their residential households as well as workplaces are the factors driving the growth of wooden decking market.
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