Wood & Competitive Decking

Wood & Competitive Decking

Decking demand in the US is expected to rise nearly two percent per year through 2020 in volume terms, according to Freedonia analysts. Rising personal incomes will drive gains as homeowners are better able to undertake residential improvement and repair projects. The increased usage of higher value decking materials will boost gains in terms of dollar value.

Wood-Plastic Composites to Lead Gains
Wood-plastic composite decking materials are expected to record the fastest gains in demand through 2020. Though more expensive than most wood products, wood-plastic composite decking will continue to gain market share, as these materials resemble wood but have far fewer maintenance requirements.

Strong Growth Expected in Residential Market
The residential market accounted for nearly three-fifths of the market in 2015, and is expected to register the fastest gains through 2020. Demand for decking in this market will be bolstered by strong growth in housing completions, as well as increases in the average deck size.

Decking Market Remains Fragmented
The majority of participants in the US decking industry are small, regionally focused firms, as the large size of the materials restricts how far they can be shipped before it becomes cost-prohibitive. However, there are larger decking manufacturers, including Axiall, CPG International, Fiberon, Georgia-Pacific, Hood Companies, Potlatch, Timbertech, Trex, and Universal Forest Products.

Scope of the Report
This report covers the scope, size, and growth of the US decking market including key trends in material usage and market segmentation. Regional and sub-regional demand is also provided. Historical data are provided for 2005, 2010, and 2015, with forecasts for 2020 and 2025. Data are provided both in lineal feet and dollars. Also included is an analysis of the key industry players and their market shares.

Decking material types covered in this study include:
Wood
Pressure-Treated Wood
Redwood
Cedar
Tropical Hardwood
Wood-Plastic Composites
Capstock-Coated
Uncoated
Plastics
Vinyl
Polyethylene
Metal

Markets analyzed in this study include:
Residential (New and Replacement) by Housing Type
Single-Family
Multifamily
Manufactured Housing
Nonresidential (New and Replacement)
Non-building (New and Replacement)