Press release
Wooden Decking Market Growth Insights Report to 2025 - Sundek Interio, United Construction Products, AZEK Building Products, Metsa Wood, Humboldt Redwood Company
Wooden Decking Market
Countries such as UK, Ireland, Norway, Netherlands have more than 80% of single-family houses, and with recovery in residential sector due to rise in real estate prices the demand for wooden decking market is also expected to show a positive growth rate over forecast timespan in region. Besides countries such as China, Brazil and Mexico will also show a decent growth due to increasing refurbishment and remodeling activities.
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In developed economies the wooden decking market size is expected to show substantial growth as the demand for luxury house will propel due to their ability to provide higher return on investment as these are one of the best performing assets in terms of value and will yield after a period of time.
Availability of substitutes such as composite decking solutions which are easy to install and durable, coupled with high maintenance requirements for wooden decks is likely to hinder the market growth rate in near future.
Wooden decks are flat surfaces that are able to provide support and withstand weight. These are used widely in luxury homes for generally outdoor applications such as construction of floors, rails across gardens. Globally the demand of luxury homes is on rise due to rise in per capita income, changing consumer aspirations and lifestyles. High disposable income enables citizens to spend their money on various amenities, to reflect lavish lifestyles.
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Wooden Decking Market, By Application, 2014-2025 (USD Million):
1. Railing
2. Walls
3. Floors
4. Others
Wooden Decking Market, By Type, 2014-2025 (USD Million):
1. Pressure treated wood
2. Redwood
3. Cedar
4. Tropical hardwood
Some of the prominent players in wooden decking market are Sundek Interio, United Construction Products, AZEK Building Products, Metsa Wood, Humboldt Redwood Company, DuraLife, Kebony, Universal Forest Products, Deck Solutions, Koppers, Trex Company, Alfresco Floors, Thermory AS, etc.
Related News: https://www.marketwatch.com/press-release/wooden-decking-market-growth-statistics-regional-forecast-2019-2025-2019-08-16
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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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