openPR Logo
Press release

Wooden Decking Market will register the CAGR of 1.37% Till 2023 | Top Key Players are Mohawk Industries, Inc., UPM-Kymmene Corporation, Weyerhaeuser Company, West Fraser Timber Co. Ltd., Universal Forest Products, Inc., Metsa Group, Setra Group, James Lat

10-20-2018 08:49 AM CET | Industry, Real Estate & Construction

Press release from: Market Research Future (MRFR)

Wooden Decking Market will register the CAGR of 1.37% Till 2023 |

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"

Get Sample Copy@ https://www.marketresearchfuture.com/sample_request/4755

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.

Market Research Analysis:

For the purpose of this study, the global wooden decking market has been divided into three segments such as by type, by application and by end user. On the basis of type, the market has been segmented as pressure-treated wood, redwood, cedar wood, tropical hardwood and others. Among the type, pressure-treated wood accounts the largest market share. Pressure-treated wood is durable and long lasting. It can withstand extreme moist and icy conditions. Upon being treated with waterborne preservatives, pressure-treated wood products become resistant to internal decaying, rots, and insects, which has increased its preference among customers. The product is widely adopted in residential and infrastructural buildings. On the basis of applications, the market has been segmented as floor, wall, railing and others. For aesthetic reasons, people prefer wooden deck on floorings, walls, and railings, which are needed to ensure personal safety on all but true ground level decks.

On the basis of application, the market has been segmented as residential and non-residential. Residential segment dominates the application segment of the market, and is expected to grow at the highest CAGR during the forecast period. Rise in demand for wood decking across the residential segment, attributed to changing consumer lifestyle and increased consumer disposable income. Moreover, the growing demand across the construction industry, and increased home improvement & renovation projects, also fuel the demand of the market in residential applications. Non-residential application is expected to contribute significantly in the market growth during the forecast period, mainly due to increase in hospitality, corporate offices, education, and retail sector.

Scope of the Report
This study provides an overview of the global wooden decking market, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next six years for each region. The scope of the study segments the global wooden decking market by its type, by application, by end user and region.

By Type

• Pressure-Treated Wood
• Redwood
• Cedar Wood
• Tropical Hardwood
• Others

By Application

• Floor
• Wall
• Railing
• Others

End User

• Residential
• Non-residential

By Region

• North America
• Asia-Pacific
• Europe
• Rest of the World

Access Report Details @ https://www.marketresearchfuture.com/reports/wooden-decking-market-4755

Ask for your specific company profile and country level customization on reports.

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.
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.

Get Discount @ https://www.marketresearchfuture.com/check-discount/4755

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact:

Market Research Future
Office No. 524/528, Amanora Chambers
Magarpatta Road, Hadapsar
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Wooden Decking Market will register the CAGR of 1.37% Till 2023 | Top Key Players are Mohawk Industries, Inc., UPM-Kymmene Corporation, Weyerhaeuser Company, West Fraser Timber Co. Ltd., Universal Forest Products, Inc., Metsa Group, Setra Group, James Lat here

News-ID: 1316132 • Views:

More Releases from Market Research Future (MRFR)

Generative AI in Gaming Market to Grow at a CAGR of 22.5% by 2032
Generative AI in Gaming Market to Grow at a CAGR of 22.5% by 2032
Generative AI in Gaming Market: Generative AI has been making significant inroads in the gaming market, offering a wide array of applications and opportunities for growth. Generative AI in gaming refers to the application of artificial intelligence (AI) techniques to create and enhance various aspects of video games. This technology has the potential to revolutionize the gaming industry by offering new levels of engagement, personalization, and immersion for players. Market Size and
Industrial Control Systems Market Regional Analysis, Review, Key Players Profile, Statistics and Growth to 2030
Industrial Control Systems Market Regional Analysis, Review, Key Players Profile …
The evolution of Industrial Control Systems can be traced back to the early days of automation, where basic control mechanisms were employed. Over time, advancements in technology, such as programmable logic controllers (PLCs), distributed control systems (DCS), and supervisory control and data acquisition (SCADA) systems, revolutionized industrial operations. Today, the ICS market encompasses a wide range of solutions, including robotics, sensors, actuators, and advanced software platforms. The Industrial Control Systems market
Digital Process Automation Market Analysis, Growth Drivers, Development Strategy, Future Trends 2032
Digital Process Automation Market Analysis, Growth Drivers, Development Strategy …
Digital Process Automation involves the use of technology to automate business processes, tasks, and workflows, thereby reducing manual intervention, minimizing errors, and improving overall operational efficiency. It encompasses a range of technologies such as robotic process automation (RPA), artificial intelligence (AI), machine learning (ML), workflow automation, and low-code/no-code platforms. The Digital Process Automation market industry is projected to grow from USD 10.82 billion in 2022 to USD 24.63 billion by 2030,
Solar Rooftop Market: A Comprehensive Analysis | MRFR Research
Solar Rooftop Market: A Comprehensive Analysis | MRFR Research
The solar rooftop market is proliferating on the global platform. The continually growing energy demand and wide adoption of solar rooftops in residential, commercial, infrastructural, and industrial sectors worldwide impact the market growth positively. Besides, the development of solar parks, funding support for domestic cells & modules, and schemes for grid-connected solar rooftop manufacturing influence the market growth. Rise in solar panel installations and growing government initiatives for infrastructure

All 5 Releases


More Releases for Wood

Thermally Modified Wood Market Growth, Opportunity, Forecast, Analysis by Key Pl …
New Jersey, United States,- The exploration study presented then's an excellent compendium of colorful types of analysis of important aspects of the world's marketable Thermally Modified Wood request. Through an intolerably delved analysis and Porter's five forces analysis, it provides a deep explanation of the strengths and sins of the global marketable Thermally Modified Wood request and the other players operating within it. The authors of the report also handed
Global Wood Processing Market | Global Wood Processing Industry: Ken Research
The wood processing market involves of sales of processed wood by several entities (organizations, sole traders and partnerships) that saw measurement lumber, boards, beams, timbers, poles, ties, shingles, shakes, siding, and wood chips from the logs or bolts. This industry also embraces establishments that treat planed, sawed and shaped wood with creosote or other preservers such as alkaline copper quat, copper azole, and sodium borates, to safeguard decay and to
Global Manufactured Wood Materials Market | Global Manufactured Wood Materials I …
The manufactured wood materials market entails of sales of produced wood materials by numerous entities (organizations, sole traders and partnerships) that produce veneer, plywood, engineered wood and reconstructed wood products. Some products established by this industry comprise hardwood and softwood veneer, fabricated and laminated wood arches, wood roof, floor trusses, wood sheets and boards. The manufactured wood materials industry encompasses various natures of procedures cast-off to transform the raw wood
Global Thermally Modified Wood Market 2019 Report Explored by Top Players: Arbor …
Global Thermally Modified Wood Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024 is a detailed research study that helps provides answers and related questions with respect to emerging trends. The report mainly encompasses the fundamental dynamics of the market which include drivers, restraints, opportunities, and challenges faced by the market players as anticipated to face during the forecast period from 2019 to 2024. The report contains details
Global Wood Waxes Market For Particleboard, Wood Coating, Lubrication
Latest industry research report on: Global Wood Waxes Market | Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts. In this report, the global Wood Waxes market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. In addition, drivers, restraints and opportunities, competitive landscape have also been
U.S. Wood Moldings, Wood Flooring, And Other Wood Millwork Products Market. Anal …
IndexBox has just published a new report "U.S. Wood Moldings, Wood Flooring, And Other Wood Millwork Products Market. Analysis And Forecast to 2025" ( http://www.indexbox.co.uk/store/us-wood-moldings-wood-flooring-and-other-wood-millwork-products-market-analysis-and-forecast-to-2020?utm_source=opr ). The report provides on a detailed analysis of the U.S. wood millwork product market. It indicates the latest data of the market size and volume, domestic production, exports and imports, price dynamics and turnover in the industry. In addition, the report contains insightful information