United States Wooden Decking Market Forecast 2022-2028

The United States wooden decking market is expected to develop with a CAGR of 4.88% during the forecast period. The base year considered for the market study is 2021, and the forecasting years are from 2022 to 2028. The market growth of the country is primarily driven by the increasing focus on renewable energy and transportation, the rapidly-developing construction sector, and the rise in residential as well as commercial construction projects.

MARKET INSIGHTS

As a multi-faceted procedure, wood decking involves the installation of a layer of quality materials to structural or building exteriors. In addition to delivering thermal insulation, it also helps protect the structure from harsh climatic conditions. Wooden decks are made from pressure-treated wood, tropical hardwood, redwood, cedar, wood-plastic composites (WPC), as well as other materials.

According to the Associated General Contractors of America (AGC), the construction industry in the United States contributes greatly to the economy of the country. Annually, the construction sector generates over $1.4 trillion in terms of revenue. However, between 2019 and 2020, the total construction in the United States, collectively including residential and non-residential, declined by around 0.2%. On the other hand, private construction investment in the nation continued to surge in 2020. In the same year, some of the highest levels were ever recorded in the construction of private residential and non-residential structures. As a result, the aforementioned factors are set to propel the United States wooden decking market growth over the forecast period.

COMPETITIVE INSIGHTS

Some of the top companies operating in the market are: Azek Company Inc, Sawmill Company LLC, Weyerhaeuser Company, 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: 45552

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. COUNTRY SNAPSHOT
2.3. COUNTRY ANALYSIS
2.4. KEY GROWTH ENABLERS
2.5. KEY CHALLENGES

3. KEY ANALYTICS

3.1. IMPACT OF COVID-19 ON WOODEN DECKING MARKET
3.2. KEY MARKET TRENDS
3.3. PESTLE ANALYSIS
- 3.3.1. POLITICAL
- 3.3.2. ECONOMICAL
- 3.3.3. SOCIAL
- 3.3.4. TECHNOLOGICAL
- 3.3.5. LEGAL
- 3.3.6. ENVIRONMENTAL
3.4. PORTER'S FIVE FORCES ANALYSIS
- 3.4.1. BUYERS POWER
- 3.4.2. SUPPLIERS POWER
- 3.4.3. SUBSTITUTION
- 3.4.4. NEW ENTRANTS
- 3.4.5. INDUSTRY RIVALRY
3.5. OPPORTUNITY MATRIX
3.6. VALUE CHAIN ANALYSIS

4. MARKET BY TYPE

4.1. PRESSURE-TREATED WOOD
4.2. REDWOOD
4.3. TROPICAL HARDWOOD
4.4. CEDAR
4.5. WOOD-PLASTIC COMPOSITES (WPC)
4.6. OTHER TYPES

5. MARKET BY APPLICATION

5.1. RAILING
5.2. FLOOR
5.3. WALL
5.4. OTHER APPLICATIONS

6. MARKET BY END-USER

6.1. RESIDENTIAL
6.2. NON-RESIDENTIAL

7. COMPETITIVE LANDSCAPE

7.1. KEY STRATEGIC DEVELOPMENTS
- 7.1.1. MERGERS & ACQUISITIONS
- 7.1.2. PARTNERSHIPS & AGREEMENTS
- 7.1.3. BUSINESS EXPANSIONS
7.2. COMPANY PROFILES
- 7.2.1. AZEK COMPANY INC
- 7.2.2. DECK SOLUTIONS LLC
- 7.2.3. DURALIFE DECKING & RAILING SYSTEMS
- 7.2.4. FIBERON
- 7.2.5. HUMBOLDT SAWMILL COMPANY LLC
- 7.2.6. MENDOCINO FOREST PRODUCTS COMPANY LLC
- 7.2.7. TREX COMPANY INC
- 7.2.8. UFP INDUSTRIES INC
- 7.2.9. WEST FRASER TIMBER CO LTD
- 7.2.10. WEYERHAEUSER COMPANY

Product Code: 45552

LIST OF TABLES

TABLE 1: MARKET SNAPSHOT - WOODEN DECKING
TABLE 2: UNITED STATES WOODEN DECKING MARKET, BY TYPE, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
TABLE 3: UNITED STATES WOODEN DECKING MARKET, BY TYPE, FORECAST YEARS, 2022-2028 (IN $ MILLION)
TABLE 4: UNITED STATES WOODEN DECKING MARKET, BY APPLICATION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
TABLE 5: UNITED STATES WOODEN DECKING MARKET, BY APPLICATION, FORECAST YEARS, 2022-2028 (IN $ MILLION)
TABLE 6: UNITED STATES WOODEN DECKING MARKET, BY END-USER, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
TABLE 7: UNITED STATES WOODEN DECKING MARKET, BY END-USER, FORECAST YEARS, 2022-2028 (IN $ MILLION)
TABLE 8: LIST OF MERGERS & ACQUISITIONS
TABLE 9: LIST OF PARTNERSHIPS & AGREEMENTS
TABLE 10: 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: VALUE CHAIN ANALYSIS
FIGURE 5: UNITED STATES WOODEN DECKING MARKET, GROWTH POTENTIAL, BY TYPE, IN 2021
FIGURE 6: UNITED STATES WOODEN DECKING MARKET, BY PRESSURE-TREATED WOOD, 2022-2028 (IN $ MILLION)
FIGURE 7: UNITED STATES WOODEN DECKING MARKET, BY REDWOOD, 2022-2028 (IN $ MILLION)
FIGURE 8: UNITED STATES WOODEN DECKING MARKET, BY TROPICAL HARDWOOD, 2022-2028 (IN $ MILLION)
FIGURE 9: UNITED STATES WOODEN DECKING MARKET, BY CEDAR, 2022-2028 (IN $ MILLION)
FIGURE 10: UNITED STATES WOODEN DECKING MARKET, BY WOOD-PLASTIC COMPOSITES (WPC), 2022-2028 (IN $ MILLION)
FIGURE 11: UNITED STATES WOODEN DECKING MARKET, BY OTHER TYPES, 2022-2028 (IN $ MILLION)
FIGURE 12: UNITED STATES WOODEN DECKING MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2021
FIGURE 13: UNITED STATES WOODEN DECKING MARKET, BY RAILING, 2022-2028 (IN $ MILLION)
FIGURE 14: UNITED STATES WOODEN DECKING MARKET, BY FLOOR, 2022-2028 (IN $ MILLION)
FIGURE 15: UNITED STATES WOODEN DECKING MARKET, BY WALL, 2022-2028 (IN $ MILLION)
FIGURE 16: UNITED STATES WOODEN DECKING MARKET, BY OTHER APPLICATIONS, 2022-2028 (IN $ MILLION)
FIGURE 17: UNITED STATES WOODEN DECKING MARKET, GROWTH POTENTIAL, BY END-USER, IN 2021
FIGURE 18: UNITED STATES WOODEN DECKING MARKET, BY RESIDENTIAL, 2022-2028 (IN $ MILLION)
FIGURE 19: UNITED STATES WOODEN DECKING MARKET, BY NON-RESIDENTIAL, 2022-2028 (IN $ MILLION)