Europe Wooden Decking Market Forecast 2022-2030

Europe Wooden Decking Market Forecast 2022-2030

KEY FINDINGS

The Europe wooden decking market is estimated to grow with a CAGR of 4.68% across the forecast period of 2022 to 2030. Some of the key factors augmenting the market growth include the well-established presence of wooden decking companies, the implementation of initiatives to reinforce the residential housing sector, and the use of sustainable components in building construction to reduce emissions and warrant long-term sustainability.

MARKET INSIGHTS

The Europe wooden decking market growth assessment comprises the evaluation of the United Kingdom, Belgium, Spain, Italy, France, Germany, Poland, and Rest of Europe. France has Europe’s second-largest construction industry. Following a plummet in the construction sector in the year 2020, the country’s construction industry output began to rise in 2021. The recovery of the sector is mainly propelled by the renovation work segment, residential construction, and civil engineering. Moreover, France has also become an attractive market for international investors.

Investments within the construction sector in Italy are rising on account of the repair of existing buildings and government expenditure. Furthermore, due to the increased risk of business failure, the residential building industry is expected to continue increasing gradually. Hence, the demand for wooden decking utilized in construction is set to rise due to the proliferating construction industry in Italy, as a consequence of government initiatives. Therefore, these factors are expected to augment the market growth in Europe during the forecast period.

COMPETITIVE INSIGHTS

Some of the leading firms in the market are UPM-Kymmene Oyj, Kebony, Metsä Group, Tecnodeck, etc.

Our report offerings include:
Explore key findings of the overall market
Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
Market Segmentation cater to a thorough assessment of key segments with their market estimations
Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments