Global Wooden Decking Market - Growing Demand for Worldwide Construction & Faster Industrialization to Stimulate the Demand

Market research future published a half-cooked research report on Global Wooden Decking Market that contains the information from 2017 to 2023. Global wooden decking market is expected to grow at ~1.37% CAGR from 2017 to 2023.

Taste the market data and market information presented through more than 85 market data tables and figures spread in 140 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global Wooden Decking Market Information from 2017 to 2023"

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Deck is nothing but a flat surface that is able to support and withstand weight. Wooden decking is used to build patios, garden landscaping, extend living areas, railings, and much more. Various types of wood, are used to make a wooden decking. Growing construction industry across the globe, is a major growth driver of the market. The increase in the private non-residential spending and the public non-residential spending, is also expected to contribute in the growth of the market. However, availability of substitutes such as plastic decks, may restrict the growth of the market.

Hence, the global wooden decking market is expected to grow at CAGR ~1.37% during the forecast period.

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North America region dominates the global wooden decking market

Geographically, the global wooden decking market has been divided into four major regions as North America, Europe, Asia Pacific and Rest of the World. North America region, has accounted for the largest market share, in 2016, followed by Europe. Increasing demand for low maintenance building products, is driving the growth of the market in North America region. U.S. contributes majorly in both, global and North America wooden decking market. Developments in commercial and residential structures in the U.S., is expected to fuel the demand for the market in the region. Additionally, consumer preference for green buildings and sustained investments in commercial real estate, have also had a positive influence on the growth of the market. Europe is the second-largest market for wood decking. Increasing repair and rehabilitation activities of existing infrastructure, creates huge potential for the market in the future.

Asia Pacific is expected to grow at the highest CAGR during the forecast period. Rapidly growing construction activities in the region, is driving the demand of the market. China, Japan, India, and Singapore are the major markets in Asia Pacific region. Growing residential and non-residential construction activities in the region, are driving the growth of the market here. Additionally, growing awareness about wooden decking, among consumers, is also expected to provide opportunities for market growth. In rest of the world, Middle East region is expected to contribute significantly during the forecast period, mainly due to changing lifestyle and high growth in construction sector.

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The prominent players in the wooden decking market include Mohawk Industries, Inc. (U.S.), UPM-Kymmene Corporation (Finland), Weyerhaeuser Company (U.S.), West Fraser Timber Co. Ltd. (Canada), Universal Forest Products, Inc. (U.S.), Metsa Group (Finland), Setra Group (Sweden), James Latham plc (U.K.), Cox Industries Inc. (U.S.), Humboldt Redwood Company and Mendocino Redwood Company (U.S.), Vetedy Group (U.S.)., Trex Company, Inc. (U.S.), Danzer (Austria), and Shaw Industries Group, Inc. (U.S.).

This research report provides insights, on various levels of analysis such as industry analysis, and market share analysis for the leading players along with their profiles. It also helps in studying the target segments by providing views on emerging & high-growth segments. The market data comprises the basic assessment of the competitive scenarios & strategies in the global construction lift market, including high-growth regions and/or countries, and political, & economic environments. The project report, further, provides views on both the historical market values and pricing & cost analysis.
DC
• composite deck boards
• composite lumber
• trek deck
• composite wood decking
• plastic decking boards
• merbau decking
• treated pine decking
• synthetic decking
• timber decking boards
• pvc decking
• patio deck
• composite decking material
• deck lumber

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