Global Composite Decking Board Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
According to our (Global Info Research) latest study, the global Composite Decking Board market size was valued at USD 2966.3 million in 2023 and is forecast to a readjusted size of USD 8182.6 million by 2030 with a CAGR of 15.6% during review period.
Composite decking is a man-made building product made up of mix of wood fibers, plastics and a small amount of bonding agents. This mix is heated, formed into board shaped lengths and then cooled. The resulting boards need far less maintenance than traditional wood decking whilst looking more authentic than plastic alternatives.
Global main manufacturers of composite decking include Trex, AZEK, Fiberon, Tianzhen Bamboo Flooring, Taizhou Huali, etc. The top five players hold a share about 56%. The global composite decking are mainly produced in North America and China, they occupied for a share around 69%. North America is the largest market, has a share about 47%, followed by China and Europe, with share 23% and 17%, separately.
The Global Info Research report includes an overview of the development of the Composite Decking Board industry chain, the market status of Residential (Recycled and New Plastic, Bamboo Fibers), Commercial (Recycled and New Plastic, Bamboo Fibers), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Composite Decking Board.
Regionally, the report analyzes the Composite Decking Board markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Composite Decking Board market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Composite Decking Board market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Composite Decking Board industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Sq.m), revenue generated, and market share of different by Type (e.g., Recycled and New Plastic, Bamboo Fibers).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Composite Decking Board market.
Regional Analysis: The report involves examining the Composite Decking Board market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Composite Decking Board market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Composite Decking Board:
Company Analysis: Report covers individual Composite Decking Board manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Composite Decking Board This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Residential, Commercial).
Technology Analysis: Report covers specific technologies relevant to Composite Decking Board. It assesses the current state, advancements, and potential future developments in Composite Decking Board areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Composite Decking Board market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Composite Decking Board market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Recycled and New Plastic
Bamboo Fibers
Wood Fibers
Other
Market segment by Application
Residential
Commercial
Major players covered
Trex
AZEK
Fiberon
Oldcastle
Universal Forest Products
TAMKO
Barrette Outdoor Living
Cali Bamboo
Leadvision
LumbeRock
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Composite Decking Board product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Composite Decking Board, with price, sales, revenue and global market share of Composite Decking Board from 2019 to 2024.
Chapter 3, the Composite Decking Board competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Composite Decking Board breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Composite Decking Board market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Composite Decking Board.
Chapter 14 and 15, to describe Composite Decking Board sales channel, distributors, customers, research findings and conclusion.