Global Composite Decking Market Research Report 2022
The global Composite Decking market was valued at USD 2,882.78 million in 2021 and is expected to reach USD 8,344.15 million by the end of 2028, growing at a CAGR of 16.34% between 2022 and 2028.
There are mainly two-type product of Composite Decking market: Capped Composite Decking AND Uncapped Composite Decking. In 2022, Capped Composite Decking accounted for a major share of 71.96% the global Composite Decking market, this product segment is poised to reach US$ 6,160.46 million by 2028 from US$ 2,421.01 million in 2022.
The global major manufacturers of Composite Decking include Trex, AZEK, Fiberon, Tianzhen Bamboo Flooring, Taizhou Huali, Barrette Outdoor Living, Oldcastle, UFP Industries, and UPM, etc. In terms of revenue, the global three largest players hold a 45% market share of Composite Decking in 2021.
Global Composite Decking Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Composite Decking Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
By Company
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
Segment by Type
Capped Composite Decking
Uncapped Composite Decking
Segment by Application
Residential
Commercial
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Mexico
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Europe
Germany
France
U.K.
Italy
Russia
Rest of Europe
South America
Brazil
Rest of South America
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