Global Decking Market 2024-2028

The decking market is forecasted to grow by USD 6272.21 mn during 2023-2028, accelerating at a CAGR of 6.51% during the forecast period. The report on the decking market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by changing lifestyles and increasing use of outdoor living spaces, revival of the construction industry, and increasing replacement of wood with composite decking.

Market Scope
Base Year	2023
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	5.54%
CAGR	6.51%
Incremental Value	$6272.21mn

Technavio's decking market is segmented as below:

By Application

Residential
Non-residential

By Product

Composite
Wood
Plastic
Aluminum

By Geographical Landscape

North America
Europe
APAC
South America
Middle East and Africa

This study identifies the growing home improvement industry as one of the prime reasons driving the decking market growth during the next few years. Also, the rising adoption of prefabricated construction solutions and the increasing need for customized decking will lead to sizable demand in the market.

The report on the decking market covers the following areas:

Decking market sizing
Decking market forecast
Decking market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading decking market vendors that include Advantage Trim and Lumber Co., Beologic N.V., CRH Plc, Fortune Brands Innovations Inc., Hardy Smith Designs Pvt. Ltd., Humboldt Redwood Company LLC, James Latham Plc, JSW STEEL Ltd., METSA GROUP, NewTechWood America Inc., Saraswati Wood Pvt. Ltd, The AZEK Co. Inc., Timber Holdings USA, Trex Co. Inc., UFP Industries Inc., UPM-Kymmene Corp., VETEDY GROUP, West Fraser Timber Co. Ltd., Weyerhaeuser Co., and Xylos Arteriors India Pvt Ltd. Also, the decking market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR44129

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Application
Exhibit 06: Executive Summary - Chart on Market Segmentation by Product
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global Decking Market 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global decking market Market 2018 - 2022 ($ million)
4.2 Application Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - Application Segment 2018 - 2022 ($ million)
4.3 Product Segment Analysis 2018 - 2022
Exhibit 20: Historic Market Size - Product Segment 2018 - 2022 ($ million)
4.4 Geography Segment Analysis 2018 - 2022
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.5 Country Segment Analysis 2018 - 2022
Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Application

6.1 Market segments
Exhibit 30: Chart on Application - Market share 2023-2028 (%)
Exhibit 31: Data Table on Application - Market share 2023-2028 (%)
6.2 Comparison by Application
Exhibit 32: Chart on Comparison by Application
Exhibit 33: Data Table on Comparison by Application
6.3 Residential - Market size and forecast 2023-2028
Exhibit 34: Chart on Residential - Market size and forecast 2023-2028 ($ million)
Exhibit 35: Data Table on Residential - Market size and forecast 2023-2028 ($ million)
Exhibit 36: Chart on Residential - Year-over-year growth 2023-2028 (%)
Exhibit 37: Data Table on Residential - Year-over-year growth 2023-2028 (%)
6.4 Non-residential - Market size and forecast 2023-2028
Exhibit 38: Chart on Non-residential - Market size and forecast 2023-2028 ($ million)
Exhibit 39: Data Table on Non-residential - Market size and forecast 2023-2028 ($ million)
Exhibit 40: Chart on Non-residential - Year-over-year growth 2023-2028 (%)
Exhibit 41: Data Table on Non-residential - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Application
Exhibit 42: Market opportunity by Application ($ million)
Exhibit 43: Data Table on Market opportunity by Application ($ million)

7 Market Segmentation by Product

7.1 Market segments
Exhibit 44: Chart on Product - Market share 2023-2028 (%)
Exhibit 45: Data Table on Product - Market share 2023-2028 (%)
7.2 Comparison by Product
Exhibit 46: Chart on Comparison by Product
Exhibit 47: Data Table on Comparison by Product
7.3 Composite - Market size and forecast 2023-2028
Exhibit 48: Chart on Composite - Market size and forecast 2023-2028 ($ million)
Exhibit 49: Data Table on Composite - Market size and forecast 2023-2028 ($ million)
Exhibit 50: Chart on Composite - Year-over-year growth 2023-2028 (%)
Exhibit 51: Data Table on Composite - Year-over-year growth 2023-2028 (%)
7.4 Wood - Market size and forecast 2023-2028
Exhibit 52: Chart on Wood - Market size and forecast 2023-2028 ($ million)
Exhibit 53: Data Table on Wood - Market size and forecast 2023-2028 ($ million)
Exhibit 54: Chart on Wood - Year-over-year growth 2023-2028 (%)
Exhibit 55: Data Table on Wood - Year-over-year growth 2023-2028 (%)
7.5 Plastic - Market size and forecast 2023-2028
Exhibit 56: Chart on Plastic - Market size and forecast 2023-2028 ($ million)
Exhibit 57: Data Table on Plastic - Market size and forecast 2023-2028 ($ million)
Exhibit 58: Chart on Plastic - Year-over-year growth 2023-2028 (%)
Exhibit 59: Data Table on Plastic - Year-over-year growth 2023-2028 (%)
7.6 Aluminum - Market size and forecast 2023-2028
Exhibit 60: Chart on Aluminum - Market size and forecast 2023-2028 ($ million)
Exhibit 61: Data Table on Aluminum - Market size and forecast 2023-2028 ($ million)
Exhibit 62: Chart on Aluminum - Year-over-year growth 2023-2028 (%)
Exhibit 63: Data Table on Aluminum - Year-over-year growth 2023-2028 (%)
7.7 Market opportunity by Product
Exhibit 64: Market opportunity by Product ($ million)
Exhibit 65: Data Table on Market opportunity by Product ($ million)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 67: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibit 68: Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
Exhibit 69: Chart on Geographic comparison
Exhibit 70: Data Table on Geographic comparison
9.3 North America - Market size and forecast 2023-2028
Exhibit 71: Chart on North America - Market size and forecast 2023-2028 ($ million)
Exhibit 72: Data Table on North America - Market size and forecast 2023-2028 ($ million)
Exhibit 73: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibit 74: Data Table on North America - Year-over-year growth 2023-2028 (%)
9.4 Europe - Market size and forecast 2023-2028
Exhibit 75: Chart on Europe - Market size and forecast 2023-2028 ($ million)
Exhibit 76: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Exhibit 77: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibit 78: Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.5 APAC - Market size and forecast 2023-2028
Exhibit 79: Chart on APAC - Market size and forecast 2023-2028 ($ million)
Exhibit 80: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Exhibit 81: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibit 82: Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.6 South America - Market size and forecast 2023-2028
Exhibit 83: Chart on South America - Market size and forecast 2023-2028 ($ million)
Exhibit 84: Data Table on South America - Market size and forecast 2023-2028 ($ million)
Exhibit 85: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibit 86: Data Table on South America - Year-over-year growth 2023-2028 (%)
9.7 Middle East and Africa - Market size and forecast 2023-2028
Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.8 US - Market size and forecast 2023-2028
Exhibit 91: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibit 92: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibit 93: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibit 94: Data Table on US - Year-over-year growth 2023-2028 (%)
9.9 China - Market size and forecast 2023-2028
Exhibit 95: Chart on China - Market size and forecast 2023-2028 ($ million)
Exhibit 96: Data Table on China - Market size and forecast 2023-2028 ($ million)
Exhibit 97: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibit 98: Data Table on China - Year-over-year growth 2023-2028 (%)
9.10 UK - Market size and forecast 2023-2028
Exhibit 99: Chart on UK - Market size and forecast 2023-2028 ($ million)
Exhibit 100: Data Table on UK - Market size and forecast 2023-2028 ($ million)
Exhibit 101: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibit 102: Data Table on UK - Year-over-year growth 2023-2028 (%)
9.11 Germany - Market size and forecast 2023-2028
Exhibit 103: Chart on Germany - Market size and forecast 2023-2028 ($ million)
Exhibit 104: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Exhibit 105: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibit 106: Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.12 Canada - Market size and forecast 2023-2028
Exhibit 107: Chart on Canada - Market size and forecast 2023-2028 ($ million)
Exhibit 108: Data Table on Canada - Market size and forecast 2023-2028 ($ million)
Exhibit 109: Chart on Canada - Year-over-year growth 2023-2028 (%)
Exhibit 110: Data Table on Canada - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 111: Market opportunity By Geographical Landscape ($ million)
Exhibit 112: Data Tables on Market opportunity By Geographical Landscape ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 113: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 114: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 115: Overview on factors of disruption
11.4 Industry risks
Exhibit 116: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 117: Vendors covered
12.2 Market positioning of vendors
Exhibit 118: Matrix on vendor position and classification
12.3 Advantage Trim and Lumber Co.
Exhibit 119: Advantage Trim and Lumber Co. - Overview
Exhibit 120: Advantage Trim and Lumber Co. - Product / Service
Exhibit 121: Advantage Trim and Lumber Co. - Key offerings
12.4 Beologic N.V.
Exhibit 122: Beologic N.V. - Overview
Exhibit 123: Beologic N.V. - Product / Service
Exhibit 124: Beologic N.V. - Key offerings
12.5 CRH Plc
Exhibit 125: CRH Plc - Overview
Exhibit 126: CRH Plc - Business segments
Exhibit 127: CRH Plc - Key news
Exhibit 128: CRH Plc - Key offerings
Exhibit 129: CRH Plc - Segment focus
12.6 Fortune Brands Innovations Inc.
Exhibit 130: Fortune Brands Innovations Inc. - Overview
Exhibit 131: Fortune Brands Innovations Inc. - Business segments
Exhibit 132: Fortune Brands Innovations Inc. - Key offerings
Exhibit 133: Fortune Brands Innovations Inc. - Segment focus
12.7 Humboldt Redwood Company LLC
Exhibit 134: Humboldt Redwood Company LLC - Overview
Exhibit 135: Humboldt Redwood Company LLC - Product / Service
Exhibit 136: Humboldt Redwood Company LLC - Key offerings
12.8 James Latham Plc
Exhibit 137: James Latham Plc - Overview
Exhibit 138: James Latham Plc - Product / Service
Exhibit 139: James Latham Plc - Key offerings
12.9 METSA GROUP
Exhibit 140: METSA GROUP - Overview
Exhibit 141: METSA GROUP - Business segments
Exhibit 142: METSA GROUP - Key news
Exhibit 143: METSA GROUP - Key offerings
Exhibit 144: METSA GROUP - Segment focus
12.10 Saraswati Wood Pvt. Ltd
Exhibit 145: Saraswati Wood Pvt. Ltd - Overview
Exhibit 146: Saraswati Wood Pvt. Ltd - Product / Service
Exhibit 147: Saraswati Wood Pvt. Ltd - Key offerings
12.11 Timber Holdings USA
Exhibit 148: Timber Holdings USA - Overview
Exhibit 149: Timber Holdings USA - Product / Service
Exhibit 150: Timber Holdings USA - Key offerings
12.12 Trex Co. Inc.
Exhibit 151: Trex Co. Inc. - Overview
Exhibit 152: Trex Co. Inc. - Business segments
Exhibit 153: Trex Co. Inc. - Key offerings
Exhibit 154: Trex Co. Inc. - Segment focus
12.13 UFP Industries Inc.
Exhibit 155: UFP Industries Inc. - Overview
Exhibit 156: UFP Industries Inc. - Business segments
Exhibit 157: UFP Industries Inc. - Key offerings
Exhibit 158: UFP Industries Inc. - Segment focus
12.14 UPM-Kymmene Corp.
Exhibit 159: UPM-Kymmene Corp. - Overview
Exhibit 160: UPM-Kymmene Corp. - Product / Service
Exhibit 161: UPM-Kymmene Corp. - Key offerings
12.15 VETEDY GROUP
Exhibit 162: VETEDY GROUP - Overview
Exhibit 163: VETEDY GROUP - Product / Service
Exhibit 164: VETEDY GROUP - Key offerings
12.16 West Fraser Timber Co. Ltd.
Exhibit 165: West Fraser Timber Co. Ltd. - Overview
Exhibit 166: West Fraser Timber Co. Ltd. - Business segments
Exhibit 167: West Fraser Timber Co. Ltd. - Key news
Exhibit 168: West Fraser Timber Co. Ltd. - Key offerings
Exhibit 169: West Fraser Timber Co. Ltd. - Segment focus
12.17 Weyerhaeuser Co.
Exhibit 170: Weyerhaeuser Co. - Overview
Exhibit 171: Weyerhaeuser Co. - Business segments
Exhibit 172: Weyerhaeuser Co. - Key news
Exhibit 173: Weyerhaeuser Co. - Key offerings
Exhibit 174: Weyerhaeuser Co. - Segment focus

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 175: Inclusions checklist
Exhibit 176: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 177: Currency conversion rates for US$
13.4 Research methodology
Exhibit 178: Research methodology
Exhibit 179: Validation techniques employed for market sizing
Exhibit 180: Information sources
13.5 List of abbreviations
Exhibit 181: List of abbreviations