Wooden Decking Market was valued at USD 23.5 Billion in 2022 and is projected to reach USD 36.5 Billion by 2030, growing at a CAGR of 6.2% from 2024 to 2030.
The wooden decking market is broadly categorized into two major application segments: Residential and Non-residential. These applications cover a wide range of consumer and commercial demands, reflecting how wooden decking is used in both personal and business spaces. The Residential segment has grown significantly in recent years due to increased interest in outdoor living spaces. Homeowners seek to enhance their properties by installing wooden decks in their gardens, backyards, and pool areas to create aesthetically pleasing, functional, and comfortable outdoor environments. Wooden decking in residential areas is often favored for its natural look, durability, and ability to complement various styles of home décor. The materials used in these decks are generally designed to withstand the elements, with the added benefit of being sustainable and eco-friendly. As the trend for outdoor living continues to rise, the demand for residential wooden decking is expected to grow steadily.
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On the other hand, the Non-residential segment encompasses a wide array of commercial and public infrastructure applications, including decking solutions for hotels, resorts, restaurants, office buildings, and outdoor public spaces such as parks and boardwalks. The Non-residential market often demands more specialized wooden decking solutions that are durable enough to handle high foot traffic and harsh weather conditions while still maintaining aesthetic appeal. In these settings, wooden decking is often used to create attractive outdoor areas for clients, visitors, or employees, helping businesses to enhance their overall appeal. Non-residential wooden decks are typically designed with durability, strength, and weather resistance as primary considerations, making them ideal for use in areas that experience frequent use and require minimal maintenance. As more businesses look to invest in high-quality outdoor spaces for clients and employees, the Non-residential segment is poised for continued growth and innovation.
The wooden decking market has been shaped by several evolving trends. One of the most prominent trends is the growing consumer preference for eco-friendly and sustainable materials. With increased awareness of environmental concerns, more consumers are opting for wooden decking solutions sourced from sustainably managed forests, such as FSC-certified wood. Additionally, there is a rising demand for low-maintenance decking options, particularly in residential areas. This trend is driven by the desire for durable yet easy-to-care-for decking materials that require minimal upkeep, thus enhancing convenience for homeowners. Composite wood decking, which combines natural wood fibers and plastic, is gaining traction as it offers the visual appeal of wood but with lower maintenance requirements.Another significant trend is the customization and personalization of wooden decking. Homeowners and businesses alike are opting for unique decking designs tailored to their specific needs. This trend has driven innovation in decking materials, with manufacturers offering a range of customizable options in terms of finishes, colors, and sizes. Additionally, the integration of technology in decking materials is making waves in the industry, with features such as integrated lighting and heating systems. These innovations not only enhance the aesthetic value of wooden decks but also improve their functionality. As demand for aesthetically pleasing, long-lasting, and low-maintenance decking continues to grow, manufacturers are expected to focus on creating more versatile and customizable wooden decking solutions.
The wooden decking market is witnessing numerous opportunities, particularly in the residential and non-residential sectors. The growth of the global real estate market, coupled with the increasing trend of outdoor living spaces, presents a significant opportunity for wooden decking manufacturers. Homeowners are willing to invest in high-quality decking solutions to enhance the appearance and value of their properties, particularly in regions with favorable climates for outdoor living. Additionally, the rise of eco-consciousness among consumers presents an opportunity for manufacturers to introduce environmentally friendly decking options that appeal to sustainable construction trends.For the non-residential market, the expansion of hospitality and leisure industries, such as hotels, resorts, and recreational facilities, opens new doors for the wooden decking market. As businesses increasingly recognize the importance of outdoor spaces in attracting and retaining customers, they are investing in high-quality, durable wooden decking materials. The commercial sector's need for aesthetically appealing, durable, and low-maintenance decking solutions offers a lucrative opportunity for businesses in the wooden decking industry. Furthermore, the increased focus on smart technology integration in both residential and non-residential decking applications offers new avenues for growth and innovation, where smart decking systems, such as those incorporating lighting or heating, could become a staple of future decking designs.
What is wooden decking?
Wooden decking refers to the use of wood materials to create outdoor platforms or surfaces, typically used for patios, decks, and other outdoor spaces.
What are the types of wood used for decking?
Common types of wood used for decking include pressure-treated lumber, redwood, cedar, teak, and composite wood materials.
Why is wooden decking popular?
Wooden decking is popular for its natural aesthetic, durability, ease of customization, and ability to withstand various weather conditions.
How long does a wooden deck last?
With proper maintenance, a well-constructed wooden deck can last anywhere from 10 to 30 years, depending on the type of wood used and the climate.
Is wooden decking environmentally friendly?
Wooden decking can be environmentally friendly if sourced from sustainably managed forests, with options such as FSC-certified wood available for consumers.
What is the difference between composite and wooden decking?
Composite decking is made from a mixture of wood fibers and plastic, offering the appearance of wood but requiring less maintenance compared to traditional wooden decking.
How do I maintain a wooden deck?
Wooden decks require regular cleaning, sealing, and staining to protect them from weathering and to maintain their appearance.
What are the advantages of wooden decking for residential properties?
Wooden decking enhances the aesthetic appeal of outdoor spaces and adds value to residential properties, creating comfortable areas for relaxation and entertainment.
Can wooden decking be installed on uneven ground?
Yes, wooden decking can be installed on uneven ground by using adjustable deck supports or building a substructure to create a level surface.
What is the cost of installing a wooden deck?
The cost of installing a wooden deck varies depending on the type of wood, the deck's size, and any additional features, with an average price ranging from $10 to $50 per square foot.
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Humboldt Redwood Company
West Fraser Timber
UPM-Kymmene Corporation
Mendocino Redwood Company
Universal Forest Products
Weyerhaeuser Company
Cox Industries
Setra Group
Metsä Group
James Latham
Vetedy Group
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Wooden Decking Market
Residential
Non-residential
Based on Types the Market is categorized into Below types that held the largest Wooden Decking market share In 2023.
Pressure Treated Wood
Redwood
Cedar
Others
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
1. Introduction of the Global Wooden Decking Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Wooden Decking Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Wooden Decking Market, By Type
6. Global Wooden Decking Market, By Application
7. Global Wooden Decking Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Wooden Decking Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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