Global Composite Decking Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030

Global Composite Decking Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030

Composite decking refers to deck boards made from cores comprised of either 100% polymer material or a blend of organic wood flakes and plastics. Composite decks require less maintenance and offer more design flexibility than traditional wood decking.

Market Overview:

The latest research study on the global Composite Decking market finds that the global Composite Decking market reached a value of USD 3593.09 million in 2023. It’s expected that the market will achieve USD 5578.19 million by 2029, exhibiting a CAGR of 7.61% during the forecast period.

Drivers

Increased Environmental Awareness
The concept of low-carbon environmental protection has gradually penetrated into various industries, and the composite decking industry is no exception. Driven by the concept of sustainable development, more and more consumers are paying attention to the environmental friendliness of products. As a product made of renewable materials, composite decking meets environmental standards and is favored by consumers. Consumers are increasingly inclined to opt for eco-friendly products, which is further driving the growth of the composite decking market.

Region Overview:

In 2022, the share of the Composite Decking market in North America stood at 52.46%.

Company Overview:

Trex Company is the world's largest manufacturer of high-performance, low maintenance and eco-friendly wood-alternative decking and railing, with more than 30 years of product experience. Stocked in more than 6,700 retail locations worldwide, Trex outdoor living products offer a wide range of style options with fewer ongoing maintenance requirements than wood, as well as a truly environmentally responsible choice.The company seeks to achieve Production growth by continually expanding and enhancing its product platform and by continuing to develop and promote Trex as the premium outdoor living brand for consumers.

Barrette Outdoor Living is an industry leader in outdoor living products, offering diverse, flexible solutions that turn homeowners' dreams into reality. Arrette Outdoor Living's products are cleverly designed and engineered to embrace home, life, and nature—perfectly transforming any outdoor space.Barrette Outdoor Living's journey began in 1975 when Barrette Outdoor Living began selling to consumers through retail stores. Since then, the company has grown considerably and expanded distribution to include online and brick-and-mortar retail stores; fence, railing, and trim dealers; and two-step distributors in most U.S. states and several territories in Canada.

Trex Company is one of the major players operating in the Composite Decking market, holding a share of 5.41% in 2023.

Segmentation Overview:

As for product types, the Uncapped Composites segment held the largest market share in 2022.

Application Overview:

The market's largest segment by application is the segment Residential, with a market share of 78.87% in 2022.

Key Companies in the global Composite Decking market covered in Chapter 3:

PT. Kayu Asri
MoistureShield
Vohringer Home Technology Co., Ltd
Barrette Outdoor Living
Trex Company, Inc.
Arte Mundi
Fiberon LLC
Axion Structural Innovations LLC
Certainteed Corporation
Inovar Floor
Green Bay Decking
Cali-Bamboo
TimberTech

In Chapter 4 and Chapter 14.2, on the basis of types, the Composite Decking market from 2019 to 2030 is primarily split into:

Capped Composites
Uncapped Composites

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Composite Decking market from 2019 to 2030 covers:

Residential
Non-residential

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2019-2030) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)