Driving Siding And Decking Market Growth in 2025: The Role of Rising Residential And Commercial Construction Fueling The Growth Of The Market Due To Urbanization-Driven Infrastructure Demand

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Siding And Decking Market Size Growth Forecast: What to Expect by 2025?
The market size for siding and decking has seen substantial growth over recent years. It is projected to increase from $56.84 billion in 2024 to $60.40 billion in 2025, with a compound annual growth rate (CAGR) of 6.3%. This considerable growth in the historic period can be credited to factors like heightened urbanization, an uptick in renovation efforts, a surge in disposable income, a focus on climate-resilient construction, and population growth.

How Will the Siding And Decking Market Size Evolve and Grow by 2029?
Anticipations are strong for remarkable expansion in the siding and decking market size in the coming years, projecting a surge to $76.26 billion by 2029, elevated by a compound annual growth rate (CAGR) of 6.0%. The anticipated growth throughout the forecast period is traced to factors such as the burgeoning housing sector, the popularity of DIY projects, advancements in the hospitality and tourism sector, the proliferation of e-commerce, as well as government incentives for environmentally friendly buildings. Key trends projected within this period encompass the swift adoption of emerging technology in the construction field, the emergence of prefab solutions, the rising demand for products resistant to termites and mold, the innovation of 3D printing and digital fabrication, and strategic collaborations with builders and developers.

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What Drivers Are Propelling the Growth of Siding And Decking Market Forward?
The growth of the siding and decking market is predicted to be fueled by the escalating need for residential and commercial spaces. These spaces, serving as specific zones, are designed for human habitation and for the operation of businesses or professional services respectively. The increased demand for these zones can be attributed primarily to swift urbanization, which results in higher population densities in cities, subsequently escalating the need for both dwelling and commercial infrastructural development. With the construction or expansion of more buildings, the demand for siding and decking is bound to rise, as these components play a critical role in exterior finishes and the creation of functional outdoor spaces. For instance, in a report issued by the US-based government agency, the Census Bureau, in June 2025, it was stated that private housing completions were reported at an annual pace of 1,526,000 on a seasonally adjusted basis in May, denoting a 5.4% rise (±12.0%) from the revised April estimate of 1,448,000. Consequently, the rising demand for residential and commercial spaces is propelling the progress of the siding and decking market.

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Which Emerging Trends Are Transforming the Siding And Decking Market in 2025?
Leading enterprises in the siding and decking industry are concentrating on creating cutting-edge solutions like lightweight sidings to offer enhanced convenience for renovation and new construction projects. These lightweight sidings are external cladding materials that are designed to be weightless, simplifying the processes of management, transportation, and installation, without compromising on providing security and aesthetic appeal to buildings. For example, in February 2024, Millboard, a company based in the UK and known for providing decking and cladding solutions, introduced two new shades to their high-end Envello Shadow Line+ siding range. The product stands out for its exceptional strength, low maintenance needs and its authentic-like wooden finish. The recently included Salt Blue and Sage Green hues, motivated by natural colors, introduce innovative design choices for outdoor areas. These finishes resemble painted timber's appearance but present a lighter, more appealing choice against traditional fiber cement boards. These new additions to the range provide more options for creative and durable outside designs.

What Are the Key Segments in the Siding And Decking Market?
The siding and decking market covered in this report is segmented -

1) By Product Type: Siding, Decking
2) By Material Type: Wood, Vinyl, Composite, Metal, Fiber Cement
3) By Installment Type: Pre-Installed, Do-It-Yourself (DIY), Professional Installation
4) By Application: Residential, Commercial, Industrial
5) By End-User Lifestyle: Luxury, Mid-Range, Economy

Subsegments:
1) By Siding: Wood Siding, Vinyl Siding, Fiber Cement Siding, Metal Siding, Engineered Wood Siding
2) By Decking: Wood Decking, Composite Decking, PVC Decking, Aluminum Decking, Concrete Decking

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Who Are the Key Players Shaping the Siding And Decking Market's Competitive Landscape?
Major Companies operating in the siding and decking market are UPM Corp., Georgia-Pacific LLC, James Hardie Industries, CertainTeed LLC, Oldcastle APG Inc., AZEK Company Inc., Trex Company Inc., Westlake Royal Building Products, Barrette Outdoor Living Inc., Kaycan Ltd., Fiberon Technologies Inc., VEKA Inc., Wolf Home Products, Millboard Company Ltd., DuxxBak Composite Decking, LP Building Solutions, DuraLife Decking, Envision Building Products LLC, Lunawood Corp., TruExterior.

What Geographic Markets Are Powering Growth in the Siding And Decking Market?
North America was the largest region in the siding and decking market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the siding and decking market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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