Wooden Decking

Wooden Decking

Global Wooden Decking Market to Reach US$9.6 Billion by 2030

The global market for Wooden Decking estimated at US$7.8 Billion in the year 2023, is expected to reach US$9.6 Billion by 2030, growing at a CAGR of 3.0% over the analysis period 2023-2030. Pressure-Treated Wood-based Decking, one of the segments analyzed in the report, is expected to record a 3.4% CAGR and reach US$4.6 Billion by the end of the analysis period. Growth in the Redwood-based Decking segment is estimated at 2.5% CAGR over the analysis period.

The U.S. Market is Estimated at US$2.8 Billion While China is Forecast to Grow at 4.1% CAGR

The Wooden Decking market in the U.S. is estimated at US$2.8 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.4 Billion by the year 2030 trailing a CAGR of 4.1% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 2.0% and 3.0% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 2.5% CAGR.

Global Wooden Decking Market - Key Trends & Drivers Summarized

Wooden decking is a popular choice for creating outdoor living spaces, offering a natural and aesthetically pleasing option for patios, gardens, and terraces. Decking materials typically include hardwoods like teak, mahogany, and ipe, as well as softwoods such as cedar, pine, and redwood. Each type of wood has unique properties that make it suitable for different climates and usage scenarios. Hardwood decking is known for its durability, resistance to wear, and rich color, making it ideal for high-traffic areas. Softwood decking, while generally more affordable, requires regular maintenance to preserve its appearance and longevity. Wooden decking adds value to properties by providing a versatile and attractive outdoor space for relaxation and entertainment.

Technological advancements and innovative treatments have significantly improved the performance and longevity of wooden decking. Pressure-treated wood has become a popular option due to its enhanced resistance to rot, insects, and decay. This process involves infusing wood with preservatives under high pressure, extending its lifespan and reducing maintenance needs. Additionally, advancements in sealants and finishes have provided better protection against moisture and UV damage, helping to maintain the wood`s natural beauty over time. Sustainable practices, such as the use of certified wood from responsibly managed forests, have also gained traction, addressing environmental concerns associated with deforestation and habitat destruction. These innovations ensure that wooden decking remains a viable and attractive option for outdoor spaces.

The growth in the wooden decking market is driven by several factors, including the increasing demand for outdoor living spaces, advancements in wood treatment technologies, and the trend toward sustainable building materials. The rising popularity of outdoor living and entertainment areas has led to higher demand for decking solutions that enhance the aesthetic and functional appeal of residential and commercial properties. Technological advancements in wood treatments and finishes have improved the durability and maintenance requirements of wooden decking, making it a more appealing choice for consumers. Additionally, the growing awareness of environmental sustainability has increased the demand for responsibly sourced and certified wood products. Government regulations and incentives promoting green building practices further support market growth. As these trends continue to evolve, the wooden decking market is expected to expand, driven by the need for high-quality, sustainable outdoor solutions.

Select Competitors (Total 99 Featured) -

• Georgia-Pacific LLC
• Boral Ltd.
• Boise Cascade Company
• Builders FirstSource, Inc
• AZEK Building Products, Inc.
• Hood Industries
• Beland Forest Products Ltd.
• Cali Bamboo LLC
• Accsys Technologies Plc
• Dasso Group
• East Teak Fine Hardwoods, Inc.
• Eva-Last Distributors
• Fiberon LLC
• Accord Floors
• Aliwood

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