Global Composite Decking Market 2024-2028

Global Composite Decking Market 2024-2028

The composite decking market is forecasted to grow by USD 2.82 bn during 2023-2028, accelerating at a CAGR of 14.04% during the forecast period. The report on the composite decking market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by revival of construction industry, increasing interest in sustainable decking materials, and changing lifestyles and increasing use of outdoor living spaces.

Technavio's composite decking market is segmented as below:

By Application

• Residential
• Non-residential

By Type

• Polyethylene
• Polypropylene
• Polyvinyl chloride
• Others

By Geographical Landscape

• North America
• Europe
• APAC
• South America
• Middle East and Africa

This study identifies the rising adoption of prefabricated construction solutions as one of the prime reasons driving the composite decking market growth during the next few years. Also, increasing need for customized decking and growing home improvement industry will lead to sizable demand in the market.

The report on the composite decking market covers the following areas:

• Composite decking market sizing
• Composite decking market forecast
• Composite decking market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading composite decking market vendors that include APR Composites, Buyrite Enterprises Ltd., Compagnie de Saint Gobain, DuraLife Decking and Railing Systems, Fortress Iron LP, Fortune Brands Innovations Inc., Genova Products Inc., Green Bay Decking, Nanjing Xuhua Sundi New Building Materials Co. Ltd., NewTechWood America Inc., Oakio Plastic Wood Building Materials Co. Ltd., Shanghai Seven Trust Industry Co. Ltd., Shubh Composites, TAMKO Building Products LLC, The AZEK Co. Inc., Trex Co. Inc., TruNorth International Corp., UFP Industries Inc., UPM Kymmene Corp., and Wallong Technology Co. Ltd.. Also, the composite decking market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.