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Growing Number of Affordable Housing Projects Will Strengthen the Global Wood Decking Market

01-29-2024 12:24 PM CET | Industry, Real Estate & Construction

Press release from: Inkwood Research

WOODEN DECKING MARKET

WOODEN DECKING MARKET

According to a new market research report launched by Inkwood Research, the Global Wooden Decking Market is growing with a CAGR of 4.93% between 2022 to 2030, generating a revenue of $30.94 billion by 2030.

Browse 48 market data Tables and 45 Figures spread over 233 Pages, along with an in-depth analysis of the Global Wooden Decking Market by Application, End-user, Type, & by Geography

Read the Market Summary Here:
https://inkwoodresearch.com/reports/wooden-decking-market/?utm_source=PaidPRNew&utm_medium=OpenPR&utm_campaign=InkwoodPR

This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects of this comprehensive market by assessing major geographies, and is a valuable asset for the existing players, new entrants, and future investors. The study presents a detailed market analysis, with inputs derived from industry professionals across the value chain.

Here's a link to our Country Report Summary:
https://inkwoodresearch.com/reports/united-states-wooden-decking-market/

The United States wooden decking market is expected to develop with a CAGR of 4.88% in terms of revenue across the estimated years, capturing a share of $8908.75 million by 2028.

Global Wooden Decking Market Scenario

The global building of homes has increased significantly as a result of migration, urbanization, economic growth, and population increase. The current population of 52 developing countries, according to the International Monetary Fund, is 6.53 billion, or 85.09% of the world's total population. It includes every country in Latin America, every country in Africa, every country in Asia except a few smaller island nations. Because of this, there is a greater need for suitable, affordable housing due to the world's rapid urbanization and population growth.

Numerous governments globally are also supporting the development of cost-effective homes. For example, the state government of New South Wales, Australia, is collaborating with the private sector, non-governmental, and community housing groups for the development and renovation of 23,000 social housing units. This factor plays an essential role in fueling the demand for wooden decking, thus augmenting the global wooden decking market growth.

The Global Wooden Decking Market report provides data tables and includes charts and graphs for visual analysis.

Request Free Sample Report for Global Wooden Decking Market by Type, End-User, Application & by Geography: https://www.inkwoodresearch.com/reports/wooden-decking-market/#request-free-sample

Market Segmentation

Market by Type:
• Cedar
• Wood-Plastic Composites (WPC)
• Pressure-Treated Wood
• Redwood
• Tropical Hardwood
• Other Types

Market by Application:
• Wall
• Railing
• Floor
• Other Applications

Market by End-User:
• Non-Residential
• Residential

Report Highlights
- The report provides a detailed analysis of the current and future market trends to identify the investment opportunities
- Market forecasts till 2030, using estimated market values as the base numbers
- Key market trends across the business segments, regions, and countries
- Key developments and strategies observed in the market
- Market dynamics such as drivers, restraints, opportunities, and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2030

Companies Profiled
• THERMORY AS
• METSÄ GROUP
• TECNODECK (MITERA GROUP)
• SETRA GROUP AB
• NEOTIMBER
• DURALIFE DECKING & RAILING SYSTEMS
• MENDOCINO FOREST PRODUCTS COMPANY LLC
• KEBONY
• INOVAR FLOOR
• HUMBOLDT SAWMILL COMPANY LLC
• WEYERHAEUSER COMPANY
• WEST FRASER TIMBER CO LTD
• VETEDY GROUP
• FIBERON
• UPM-KYMMENE OYJ
• UFP INDUSTRIES INC
• DECK SOLUTIONS LLC
• AZEK COMPANY INC
• TREX COMPANY INC

Related Reports:

GLOBAL WOOD-PLASTIC COMPOSITES MARKET -
https://inkwoodresearch.com/reports/wood-plastic-composites-market/

The global wood-plastic composites market is evaluated to capture $13470.41 million by 2028, rising with a CAGR of 10.43% in terms of volume and 11.87% in terms of revenue across the forecasted years.

Inkwood Research
169, Harrison Avenue
Boston, MA 02111
Tel: 1-(857)293-0150
Email: sales@inkwoodresearch.com
Website: www.inkwoodresearch.com

We at Inkwood research provide you with not just consulting services but also with syndicated and customized research reports which help advance your business further.

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