Decking Global Market Insights 2025, Analysis and Forecast to 2030, by Manufacturers, Regions, Technology, Application, Product Type

Decking Market Overview

The global decking market is poised for significant growth, driven by increasing demand for outdoor living spaces, advancements in decking materials, and rising construction activities. The market is projected to grow at a compound annual growth rate (CAGR) of 5.8% from 2025 to 2030, reaching a market size of $12.5 billion by 2030. This growth is fueled by the rising popularity of composite decking, which offers durability, low maintenance, and eco-friendly properties compared to traditional wood decking.

Market Size and Share Analysis

In 2022, the global decking market was valued at $8.7 billion. By product type, composite decking held the largest market share at 45%, followed by wood decking at 35%, and other materials such as PVC and aluminum decking accounting for the remaining 20%. The dominance of composite decking is attributed to its resistance to weathering, insects, and rot, making it a preferred choice for both residential and commercial applications.

Market Share by Product Type (2022)

• Composite Decking: 45%
• Wood Decking: 35%
• Others (PVC, Aluminum, etc.): 20%

Market Trends

The decking market is witnessing several key trends:

• Sustainability: Increasing consumer preference for eco-friendly materials is driving the adoption of composite decking made from recycled materials.
• Customization: Demand for customizable decking solutions, including color, texture, and design options, is on the rise.
• Technological Advancements: Innovations in decking materials, such as capped composites and enhanced wood treatments, are improving product performance and longevity.
• Outdoor Living Spaces: The growing trend of outdoor living spaces, particularly in residential settings, is boosting decking demand.

Market Segmentation

By Product Type

• Composite Decking: Expected to grow at a CAGR of 6.5% from 2025 to 2030, driven by its durability and low maintenance requirements.
• Wood Decking: Projected to grow at a CAGR of 4.2%, with demand driven by its natural aesthetic and cost-effectiveness.
• Others (PVC, Aluminum, etc.): Anticipated to grow at a CAGR of 3.8%, supported by niche applications in commercial and industrial settings.

By Application

• Residential: The largest application segment, accounting for 60% of the market share in 2022. Growth is driven by the increasing popularity of outdoor living spaces and home improvement projects.
• Commercial: Expected to grow at a CAGR of 5.2%, driven by demand for decking in hospitality, retail, and office spaces.
• Others (Industrial, Public Spaces, etc.): Projected to grow at a CAGR of 4.5%, supported by infrastructure development and urbanization.

By Region

• North America: Held the largest market share at 40% in 2022, driven by high demand for outdoor living spaces and advanced decking materials.
• Europe: Accounted for 30% of the market share, with growth driven by increasing construction activities and sustainability initiatives.
• Asia-Pacific: Expected to grow at the highest CAGR of 7.5%, fueled by rapid urbanization and rising disposable incomes.
• Rest of the World: Projected to grow at a CAGR of 5.0%, supported by infrastructure development in emerging economies.

Key Players

The global decking market is highly competitive, with key players focusing on product innovation, mergers, and acquisitions to strengthen their market position. Major players include:

• The AZEK Company Inc.
• Trex Company Inc.
• Fortune Brands Inc.
• CRH
• Westlake Royal Building Products
• CertainTeed/Saint-Gobain
• Gossen
• Deceuninck
• TimberTech
• Veka Innovations
• Enduris

Market News on Policy and Companies

Recent developments in the decking market include:

• Sustainability Initiatives: Companies like Trex and AZEK are investing in sustainable manufacturing processes and using recycled materials to produce eco-friendly decking products.
• Regulatory Changes: Governments worldwide are implementing stricter regulations on deforestation and promoting the use of sustainable materials, which is expected to drive the adoption of composite decking.
• Mergers and Acquisitions: In 2022, Fortune Brands Inc. acquired a leading decking manufacturer to expand its product portfolio and market reach.
• Technological Innovations: Companies are introducing advanced decking materials with enhanced durability, UV resistance, and low maintenance requirements.

Segment Forecasts (2025-2030)

The decking market is expected to witness steady growth across all segments:

• Composite Decking: Projected to grow at a CAGR of 6.5%, driven by increasing demand for durable and low-maintenance materials.
• Wood Decking: Expected to grow at a CAGR of 4.2%, supported by its natural aesthetic and cost-effectiveness.
• Residential Applications: Anticipated to grow at a CAGR of 5.8%, driven by the rising popularity of outdoor living spaces.
• Commercial Applications: Projected to grow at a CAGR of 5.2%, fueled by demand in hospitality and retail sectors.
• Asia-Pacific Region: Expected to grow at the highest CAGR of 7.5%, driven by rapid urbanization and infrastructure development.

Conclusion

The global decking market is set for robust growth, driven by increasing demand for outdoor living spaces, advancements in decking materials, and sustainability initiatives. Composite decking is expected to dominate the market, while wood decking will continue to hold a significant share due to its natural appeal. Key players are focusing on innovation and sustainability to capture market share, and the Asia-Pacific region is expected to emerge as a high-growth market. With a projected CAGR of 5.8%, the decking market is poised to reach $12.5 billion by 2030.