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 global wooden decking market was valued at approximately USD 9.2 billion in 2022. The market is projected to experience a robust growth rate, with a compound annual growth rate (CAGR) of 6.5% over the forecast period. This growth is driven by increasing consumer preferences for natural and aesthetically pleasing outdoor environments, coupled with advancements in wood treatment technologies that enhance durability and reduce maintenance needs. Additionally, the rising trend of outdoor living spaces and the growing focus on sustainable and eco-friendly building materials are contributing to the market's expansion. Emerging markets are expected to offer significant opportunities for growth in the wooden decking sector. Regions such as Asia-Pacific and Latin America are witnessing a surge in construction activities and infrastructural developments, leading to a higher demand for wooden decking solutions. The expansion of residential and commercial construction projects, along with the increasing adoption of premium decking products in these regions, presents a promising avenue for market players. Furthermore, the growing awareness about the environmental benefits of wood as a renewable resource is likely to drive market growth and open new avenues for investment and innovation.
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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)
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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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