Global Composite Decking Market Growth 2023-2029

Global Composite Decking Market Growth 2023-2029

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.
LPI (LP Information)' newest research report, the “Composite Decking Industry Forecast” looks at past sales and reviews total world Composite Decking sales in 2022, providing a comprehensive analysis by region and market sector of projected Composite Decking sales for 2023 through 2029. With Composite Decking sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Composite Decking industry.
This Insight Report provides a comprehensive analysis of the global Composite Decking landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Composite Decking portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Composite Decking market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Composite Decking and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Composite Decking.
The global Composite Decking market size is projected to grow from US$ 2820.1 million in 2022 to US$ 8438.8 million in 2029; it is expected to grow at a CAGR of 8438.8 from 2023 to 2029.
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.
This report presents a comprehensive overview, market shares, and growth opportunities of Composite Decking market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Capped Composite Decking
Uncapped Composite Decking
Segmentation by application
Residential
Commercial
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Trex
AZEK
Fiberon
Tianzhen Bamboo Flooring
Taizhou Huali
Barrette Outdoor Living
Oldcastle
UFP Industries
UPM
TAMKO
Zhejiang Walrus
Cali Bamboo
Silvadec
TECNODECK
Fortress Building Products
DuxxBak Composite Decking
Key Questions Addressed in this Report
What is the 10-year outlook for the global Composite Decking market?
What factors are driving Composite Decking market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Composite Decking market opportunities vary by end market size?
How does Composite Decking break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.