1 / 5

Wooden Decking Market Advancements, Growth Opportunity and Forecast 2020-2027

Wooden Decking Market<br>

swati15
Download Presentation

Wooden Decking Market Advancements, Growth Opportunity and Forecast 2020-2027

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Wooden Decking Market To Reach USD 8.34 Billion By 2026 www.reportsanddata.com

  2. Market Summary According to the current analysis of Reports and Data, the global Wooden Decking market was valued at USD 7.53 Billion in 2018 and is expected to reach USD 8.34 Billion by year 2026, at a CAGR of 1.9 %. This report covers the genre of building materials with specific focus on wooden decking. A deck is a flat surface capable of supporting weight, similar to a floor, but typically constructed outdoors. They are often elevated from the ground and are usually connected to buildings. Decks are, mainly, of three types namely, wooden decks, composite decks and PVC decks. Composite and PVC decks are decks produced using artificial materials such as plastics. However, they preserve the woody look. Wooden decks, as the name suggests, are decks made purely of wood. These decks are usually used for residential and non-residential interiors and constructions. The wooden decks are of several types such as, redwood, cedar, pressure treated lumber etc. These wooden decking now-a-days come in two forms namely, tiles and panels. Increasing demand of wooden decks for residential interiors has been increasing due to the increase in constructions. www.reportsanddata.com Read More: https://www.reportsanddata.com/report-detail/wooden-decking-market

  3. Market Summary Further key findings from the report suggest • Several technological developments and advancements have developed the quality of the wooden decks making them splinter resistant, rot resistant, durable and sustainable. This has furthermore encouraged demand for wooden decks. • The rising environmental awareness and the stringent governmental laws to protect the environment acts as a restraining factor for production. This discourages a large number of newer participants of the market. • Pressure treated decking type of wooden decking dominates the market and is expected to continue its growth at a CAGR of 1.7% due to its durability and stability. Redwood decking is expected to grow at a CAGR of 2.4%. • North America dominates the market with the largest market share, owing to the technological advancement and the abundant resources. • Europe is the second largest market because of the abundance of wood in the region. • Asia Pacific is expected to have the fastest growth with a CAGR of 2.5% due to the availability of cheap labor and resources. The spiraling urbanization in the emerging economies of the region has resulted in an increase in the demand for wooden decks. • The key players include Universal Forests Products, Weyerhaeuser, West Fraser Timber, Intefor Co., James Latham Plc and Mendocino Redwood Company. Intefor Co. dominates the market. www.reportsanddata.com

  4. Market Summary For the purpose of this report, Reports and Data has segmented the Wooden Decking market on the basis of type, application, end use, and region: • Type (Revenue, USD Million; 2016–2026) Redwood Decking Cedar Decking Pressure treated Decking Others: Mahogany IPE (Brazilian Walnut) Teak Camaru • • • • • • • • • www.reportsanddata.com Application (Revenue, USD Million; 2016–2026) Residential Building Constructions Infrastructures • • • •

  5. About Us About Us Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. Contact US Contact US We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. www.reportsanddata.com John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com

More Related