Asia-pacific Wooden Decking Market Forecast 2022-2030

The Asia-Pacific wooden decking market is evaluated to grow with a CAGR of 5.31% during the forecasted years 2022 to 2030. The market growth of the region is predominantly ascribed to the rising focus on infrastructural development, the surging number of multifunctional towers, IT towers, logistical centers, and universities, and the rise in individuals relocating to urban regions from rural areas.

MARKET INSIGHTS

The Asia-Pacific wooden decking market growth evaluation covers the study of China, Japan, South Korea, Australia & New Zealand, Vietnam, India, Indonesia, Thailand, and Rest of Asia-Pacific. With a gross domestic product (GDP) of around 9%, the construction industry in India is the second-largest sector. However, the industry witnessed a major plummet owing to lockdowns following the emergence of the COVID-19 pandemic. Moreover, in the upcoming years, India is set to invest around $1.3 trillion in housing, with 60 million new dwellings being constructed.

The construction sector is an important driver of economic growth in Indonesia. By 2024, under the National Medium-Term Development Plan (2020-2024 RPJMN), the country's government plans to invest $412 billion in industrial, energy, transportation, and housing infrastructure projects. Hence, the primary growth enablers of Indonesia's construction industry entail the construction of affordable dwelling units for residential settlement and the expansion of transportation infrastructure. As a result, these factors are anticipated to propel the Asia-Pacific wooden decking market growth during the estimated period.

COMPETITIVE INSIGHTS

Some of the leading players operating in the market are: Setra Group AB, INOVAR, Vetedy Group, etc.

Our report offerings include:

Explore key findings of the overall market

Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)

Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions

Market Segmentation cater to a thorough assessment of key segments with their market estimations

Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share

Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.

Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.

Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

Product Code: 45569

1. RESEARCH SCOPE & METHODOLOGY

1.1. STUDY OBJECTIVES
1.2. SCOPE OF STUDY
1.3. METHODOLOGY
1.4. ASSUMPTIONS & LIMITATIONS

2. EXECUTIVE SUMMARY

2.1. MARKET SIZE & ESTIMATES
2.2. MARKET OVERVIEW

3. MARKET DYNAMICS

3.1. KEY DRIVERS
- 3.1.1. RISING AFFORDABLE HOUSING PROJECTS
- 3.1.2. GROWTH IN REMODELING ACTIVITIES
- 3.1.3. RISING DEMAND FOR HOUSING AND INFRASTRUCTURE IN ADVANCED ECONOMIES
3.2. KEY RESTRAINTS
- 3.2.1. INCREASING USE OF ALTERNATIVE WOOD DECKING MATERIALS

4. KEY ANALYTICS

4.1. IMPACT OF COVID-19 ON WOODEN DECKING MARKET
4.2. KEY MARKET TRENDS
4.3. PORTER'S FIVE FORCES ANALYSIS
- 4.3.1. BUYERS POWER
- 4.3.2. SUPPLIERS POWER
- 4.3.3. SUBSTITUTION
- 4.3.4. NEW ENTRANTS
- 4.3.5. INDUSTRY RIVALRY
4.4. OPPORTUNITY MATRIX
4.5. VENDOR LANDSCAPE
4.6. VALUE CHAIN ANALYSIS

5. MARKET BY TYPE

5.1. PRESSURE-TREATED WOOD
5.2. REDWOOD
5.3. TROPICAL HARDWOOD
5.4. CEDAR
5.5. WOOD-PLASTIC COMPOSITES (WPC)
5.6. OTHER TYPES

6. MARKET BY APPLICATION

6.1. RAILING
6.2. FLOOR
6.3. WALL
6.4. OTHER APPLICATIONS

7. MARKET BY END-USER

7.1. RESIDENTIAL
7.2. NON-RESIDENTIAL

8. GEOGRAPHICAL ANALYSIS

8.1. ASIA-PACIFIC
- 8.1.1. MARKET SIZE & ESTIMATES
- 8.1.2. KEY DRIVERS
- 8.1.3. KEY CHALLENGES
- 8.1.4. KEY PLAYERS
- 8.1.5. COUNTRY ANALYSIS
  - 8.1.5.1. CHINA
  - 8.1.5.2. JAPAN
  - 8.1.5.3. INDIA
  - 8.1.5.4. SOUTH KOREA
  - 8.1.5.5. INDONESIA
  - 8.1.5.6. THAILAND
  - 8.1.5.7. VIETNAM
  - 8.1.5.8. AUSTRALIA & NEW ZEALAND
  - 8.1.5.9. REST OF ASIA-PACIFIC

9. COMPETITIVE LANDSCAPE

9.1. KEY STRATEGIC DEVELOPMENTS
- 9.1.1. MERGERS & ACQUISITIONS
- 9.1.2. PARTNERSHIPS & AGREEMENTS
- 9.1.3. BUSINESS EXPANSIONS
9.2. COMPANY PROFILES
- 9.2.1. AZEK COMPANY INC
- 9.2.2. DECK SOLUTIONS LLC
- 9.2.3. DURALIFE DECKING & RAILING SYSTEMS
- 9.2.4. FIBERON
- 9.2.5. HUMBOLDT SAWMILL COMPANY LLC
- 9.2.6. INOVAR FLOOR
- 9.2.7. KEBONY
- 9.2.8. MENDOCINO FOREST PRODUCTS COMPANY LLC
- 9.2.9. METSA GROUP
- 9.2.10. NEOTIMBER
- 9.2.11. SETRA GROUP AB
- 9.2.12. TECNODECK (MITERA GROUP)
- 9.2.13. THERMORY AS
- 9.2.14. TREX COMPANY INC
- 9.2.15. UFP INDUSTRIES INC
- 9.2.16. UPM-KYMMENE OYJ
- 9.2.17. VETEDY GROUP
- 9.2.18. WEST FRASER TIMBER CO LTD
- 9.2.19. WEYERHAEUSER COMPANY

Product Code: 45569

LIST OF TABLES

TABLE 1: MARKET SNAPSHOT - WOODEN DECKING
TABLE 2: ASIA-PACIFIC WOODEN DECKING MARKET, BY TYPE, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
TABLE 3: ASIA-PACIFIC WOODEN DECKING MARKET, BY TYPE, FORECAST YEARS, 2022-2030 (IN $ MILLION)
TABLE 4: ASIA-PACIFIC WOODEN DECKING MARKET, BY APPLICATION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
TABLE 5: ASIA-PACIFIC WOODEN DECKING MARKET, BY APPLICATION, FORECAST YEARS, 2022-2030 (IN $ MILLION)
TABLE 6: ASIA-PACIFIC WOODEN DECKING MARKET, BY END-USER, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
TABLE 7: ASIA-PACIFIC WOODEN DECKING MARKET, BY END-USER, FORECAST YEARS, 2022-2030 (IN $ MILLION)
TABLE 8: ASIA-PACIFIC WOODEN DECKING MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
TABLE 9: ASIA-PACIFIC WOODEN DECKING MARKET, BY COUNTRY, FORECAST YEARS, 2022-2030 (IN $ MILLION)
TABLE 10: KEY PLAYERS IN ASIA-PACIFIC WOODEN DECKING MARKET
TABLE 11: LIST OF MERGERS & ACQUISITIONS
TABLE 12: LIST OF PARTNERSHIPS & AGREEMENTS
TABLE 13: LIST OF BUSINESS EXPANSIONS

LIST OF FIGURES

FIGURE 1: KEY MARKET TRENDS
FIGURE 2: PORTER'S FIVE FORCES ANALYSIS
FIGURE 3: OPPORTUNITY MATRIX
FIGURE 4: VENDOR LANDSCAPE
FIGURE 5: VALUE CHAIN ANALYSIS
FIGURE 6: ASIA-PACIFIC WOODEN DECKING MARKET, GROWTH POTENTIAL, BY TYPE, IN 2021
FIGURE 7: ASIA-PACIFIC WOODEN DECKING MARKET, BY PRESSURE-TREATED WOOD, 2022-2030 (IN $ MILLION)
FIGURE 8: ASIA-PACIFIC WOODEN DECKING MARKET, BY REDWOOD, 2022-2030 (IN $ MILLION)
FIGURE 9: ASIA-PACIFIC WOODEN DECKING MARKET, BY TROPICAL HARDWOOD, 2022-2030 (IN $ MILLION)
FIGURE 10: ASIA-PACIFIC WOODEN DECKING MARKET, BY CEDAR, 2022-2030 (IN $ MILLION)
FIGURE 11: ASIA-PACIFIC WOODEN DECKING MARKET, BY WOOD-PLASTIC COMPOSITES (WPC), 2022-2030 (IN $ MILLION)
FIGURE 12: ASIA-PACIFIC WOODEN DECKING MARKET, BY OTHER TYPES, 2022-2030 (IN $ MILLION)
FIGURE 13: ASIA-PACIFIC WOODEN DECKING MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2021
FIGURE 14: ASIA-PACIFIC WOODEN DECKING MARKET, BY RAILING, 2022-2030 (IN $ MILLION)
FIGURE 15: ASIA-PACIFIC WOODEN DECKING MARKET, BY FLOOR, 2022-2030 (IN $ MILLION)
FIGURE 16: ASIA-PACIFIC WOODEN DECKING MARKET, BY WALL, 2022-2030 (IN $ MILLION)
FIGURE 17: ASIA-PACIFIC WOODEN DECKING MARKET, BY OTHER APPLICATIONS, 2022-2030 (IN $ MILLION)
FIGURE 18: ASIA-PACIFIC WOODEN DECKING MARKET, GROWTH POTENTIAL, BY END-USER, IN 2021
FIGURE 19: ASIA-PACIFIC WOODEN DECKING MARKET, BY RESIDENTIAL, 2022-2030 (IN $ MILLION)
FIGURE 20: ASIA-PACIFIC WOODEN DECKING MARKET, BY NON-RESIDENTIAL, 2022-2030 (IN $ MILLION)
FIGURE 21: ASIA-PACIFIC WOODEN DECKING MARKET, COUNTRY OUTLOOK, 2021 & 2030 (IN %)
FIGURE 22: CHINA WOODEN DECKING MARKET, 2022-2030 (IN $ MILLION)
FIGURE 23: JAPAN WOODEN DECKING MARKET, 2022-2030 (IN $ MILLION)
FIGURE 24: INDIA WOODEN DECKING MARKET, 2022-2030 (IN $ MILLION)
FIGURE 25: SOUTH KOREA WOODEN DECKING MARKET, 2022-2030 (IN $ MILLION)
FIGURE 26: INDONESIA WOODEN DECKING MARKET, 2022-2030 (IN $ MILLION)
FIGURE 27: THAILAND WOODEN DECKING MARKET, 2022-2030 (IN $ MILLION)
FIGURE 28: VIETNAM WOODEN DECKING MARKET, 2022-2030 (IN $ MILLION)
FIGURE 29: AUSTRALIA & NEW ZEALAND WOODEN DECKING MARKET, 2022-2030 (IN $ MILLION)
FIGURE 30: REST OF ASIA-PACIFIC WOODEN DECKING MARKET, 2022-2030 (IN $ MILLION)