2025 Wooden Decking Industry Trends Report: Long-Term Outlook Through 2034

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How Large Will the Wooden Decking Market Size By 2025?
The market size of wooden decking has significantly expanded in the past few years. The market, which was valued at $12.42 billion in 2024, is forecasted to increase to $13.07 billion in 2025, reflecting a compound annual growth rate (CAGR) of 5.2%. This growth during the historic period is likely a result of higher disposable income levels, an increased preference for attractive home exteriors, growth in the tourism and hospitality sector, the rise of do-it-yourself (DIY) home improvement activities, and a heightened awareness about the benefits of durable building materials.

How Big Is the Wooden Decking Market Size Expected to Grow by 2029?
Expectations are set for the market size of wooden decking to enjoy a consistent expansion over the next several years. It's predicted to climb to a whopping $15.82 billion in 2029, boasting a compound annual growth rate (CAGR) of 4.9%. The anticipated growth during the forecast period can be credited to the surge in wooden materials being employed in landscaping, an increased craving for sophisticated exterior facilities, amplified usage of wood in commercial construction scenarios, vast unfoldment of residential infrastructure schemes, and an enhanced consciousness of eco-friendly wood products. The forecast period also foresees significant trends like the progress in pressure-treated wood techniques, the evolution of eco-conscious forestry methods, creative development in wood-plastic composite decking, progression in fire-preventive wood varnishes, and the invention of weather-enduring wooden compounds.

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Which Key Market Drivers Powering Wooden Decking Market Expansion and Growth?
The rise in home enhancement and refurbishment projects is predicted to spur the expansion of the wooden decking market. These activities include ameliorations, improvements, or restorations to residential properties for the purpose of enriching aesthetics or functionality. The surge is largely spurred by escalating homeownership rates, as individuals investing in their own properties often strive towards enhancing and preserving their homes to bolster comfort, practicality, and perennial value. Such refurbishment and home enhancement activities stoke demand for wooden decking because homeowners typically aim to revamp their outdoor areas with sturdy and visually appealing materials to augment their property's value and the allure of outdoor living. For example, according to Houzz Inc., a software factory based in the U.S., the median expenditure in 2022 climbed to $20,000 for kitchens and $13,500 for primary bathrooms, a hike of 33% and 50% respectively, in comparison to 2021. Consequently, the uptick in home enhancement and refurbishment projects is fueling the expansion of the wooden decking market.

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Which Fast-Growing Trends Are Poised to Disrupt the Wooden Decking Market?
Leading firms in the wooden decking market are concentrating on the production of novel construction materials such as thermally modified wood. This innovation is aimed at enhancing durability, boosting resistance to weather conditions and serving as green substitutes for treated lumber. Thermally modified wood, a product of heating natural wood at elevated temperatures in a regulated, oxygen-depleted ambiance, possesses upgraded durability and stability, with no chemical use. This manipulation makes the wood more impervious to dampness, decomposition, and pests, and prevents warping, rendering it perfect for external uses like decking, siding, and railings. For example, in June 2024, Spartan Forest Products Inc., a US-based manufacturing firm, introduced ThermaPro Wood, a fresh range of thermally modified, prefinished construction materials suited for commercial and residential purposes. The product assortment encompasses weather-proof decking, siding, and rainscreen components that come pre-sealed and ready for fixing, offering a sustainable and non-chemical alternative to conventional treated wood. The prefinished decking in the ThermaPro Wood range is particularly designed for outdoor resilience, making it perfect for decks, porches, pool surrounds, balconies, and walkways, enhancing the natural wood appearance with minimal upkeep.

What Are the Emerging Segments in the Wooden Decking Market?
The wooden decking market covered in this report is segmented -

1) By Type: Pressure Treated Wood, Redwood, Cedar, Tropical Hardwood, Wood-Plastic Composites, Other Types
2) By Installation: Indoor, Outdoor
3) By Application: Railing, Floor, Wall, Other Applications
4) By Distribution Channel: Online Sales, Retail Stores, Wholesale Distributors, Direct Sales
5) By End User: Homeowners, Contractors, Architects And Designers, Builders And Developers

Subsegments:
1) By Pressure Treated Wood: Pine, Fir, Spruce, Hem-Fir, Southern Yellow Pine
2) By Redwood: Construction Common Grade, Construction Heart Grade, Select Heart Grade, Select Common Grade
3) By Cedar: Western Red Cedar, Northern White Cedar, Eastern Red Cedar, Alaskan Yellow Cedar
4) By Tropical Hardwood: Ipe (Brazilian Walnut), Teak, Mahogany, Cumaru, Tigerwood, Garapa
5) By Wood-Plastic Composites: Polyethylene-Based Composites, Polypropylene-Based Composites, Polyvinyl Chloride (PVC)-Based Composites
6) By Other Types: Douglas Fir, Hemlock, Larch, Wood-Fiber Uncapped Composites, Recycled Plastic Uncapped Composites

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Who Are the Global Leaders in the Wooden Decking Market?
Major companies operating in the wooden decking market are Weyerhaeuser Company, West Fraser Timber Co. Ltd., UFP Industries Inc., Metsäliitto Cooperative, Trex Company Inc., James Latham Plc, Setra Group AB, Deckorators Inc., Cali Bamboo LLC, East Teak Fine Hardwoods Inc., Lampert Lumber Inc., Fortress Building Products Inc., Humboldt Redwood Company LLC, Thermory USA Inc., MoistureShield Inc., Wolf Home Products Inc., Accsys Technologies USA Inc., Nova USA Wood Products Inc., FraserWood Industries Inc., West Wind Hardwood Inc.

Which are the Top Profitable Regional Markets for the Wooden Decking Industry?
North America was the largest region in the wooden decking market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the wooden decking market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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