Decking Market by Product, Application, and Geography - Forecast and Analysis 2021-2025

  • Published: May 2021
  • Pages: 120
  • SKU: IRTNTR44129
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The decking market has the potential to grow by $ 4.19 bn during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 5%.

This decking market analysis report entails exhaustive statistical qualitative and quantitative data on Product (Composite, Wood, Plastic, and Aluminum), Application (Residential and Non-residential), and Geography (North America, Europe, APAC, South America, and MEA) and their contribution to the target market. View our sample report to gather market insights on the segmentations. Furthermore, with the latest key findings on the post COVID-19 impact on the market, available in this report, you can create successful business strategies to generate new sales opportunities.

What will the Decking Market Size be in 2021?

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Decking Market: Key Drivers and Trends

Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The changing lifestyles and increasing use of outdoor living spaces is notably driving the decking market growth, although factors such as availability of alternatives may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the decking market get your FREE report sample now.

This post-pandemic decking market report has assessed the shift in consumer behavior and identified trends and drivers that will help market players outmaneuver challenges. Technology innovations, implementation, and improvisation scope identified in the decking market trends is essential for building new business opportunities across segmentations and geographies.

Who are the Major Decking Market Vendors?

The decking market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The leading companies included in the report are as follows:

  • Advantage Trim & Lumber Co.
  • Beologic
  • CRH Plc
  • Fiberon
  • The AZEK Co. LLC
  • Trex Co. Inc.
  • Universal Forest Products Inc.
  • UPM-Kymmene Corp.
  • West Fraser Timber Co. Ltd.
  • Weyerhaeuser Company

The decking market analysis report contains exhaustive actionable insights on the organic and inorganic growth strategies deployed by the vendors. The decking market is fragmented and is expected to provide favorable growth environment to new and existing players in the coming years. Click here to uncover details of successful business strategies adopted by the vendors.

Furthermore, to make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Buy the full decking market statistics report to understand the magnitude of the economic impact on each segment and recovery expectations.

For insights on complete key vendor profiles, download a free sample of the decking market forecast report. The profiles include information on the production, sustainability, and prospects of the leading companies. The report's vendor landscape section also provides industry risk assessment in terms of labor cost, raw material price fluctuation, and other parameters, which is crucial for effective business planning.

Which are the Key Regions for Decking Market?

Decking Market Share by Geography

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The decking market size, share, & trends analysis report offers an up-to-date study of the geographical composition of the market. 41% of the market’s growth will originate from North America during the forecast period. US, China, UK, Germany, and Canada are the key markets for decking market in North America.

North America has been recording significant growth rate and is expected to offer several business opportunities to market vendors during the forecast period. One of the key factors driving the growth in North America is revival of construction industry. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Product Segments in the Decking Market?

Decking Market Share by Product

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The decking market share growth by the __ segment has been significant. This report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2021-2025 and embrace technologies to improve business efficiency.

This report provides thorough decking market segment analysis that will help you gauge the existing competition, demographics, lucrative target customer groups, solutions to improve sales and services, and other crucial market intelligence data. Request for a free sample of the report to get an exclusive glimpse of actionable market insights on post COVID-19 impact on each segment and the growth of the decking market size.

Decking Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 5%

Market growth 2021-2025

$ 4.19 billion

Market structure

Fragmented

YoY growth (%)

2.97

Regional analysis

North America, Europe, APAC, South America, and MEA

Performing market contribution

North America at 41%

Key consumer countries

US, China, UK, Germany, and Canada

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Advantage Trim & Lumber Co., Beologic, CRH Plc, Fiberon, The AZEK Co. LLC, Trex Co. Inc., Universal Forest Products Inc., UPM-Kymmene Corp., West Fraser Timber Co. Ltd., and Weyerhaeuser Company

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Factors Covered in this Decking Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive decking market growth during the next five years
  • Precise estimation of the decking market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the decking market across North America, Europe, APAC, South America, and MEA 
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of decking market vendors

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Five Forces Summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Product

    • Market segments
    • Comparison by Product
    • Composite - Market size and forecast 2020-2025
    • Wood - Market size and forecast 2020-2025
    • Plastic - Market size and forecast 2020-2025
    • Aluminum - Market size and forecast 2020-2025
    • Market opportunity by Product

    Market Segmentation by Application

    • Market segments
    • Comparison by Application
    • Residential - Market size and forecast 2020-2025
    • Non-residential - Market size and forecast 2020-2025
    • Market opportunity by Application

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • North America - Market size and forecast 2020-2025
      • Europe - Market size and forecast 2020-2025
      • APAC - Market size and forecast 2020-2025
      • South America - Market size and forecast 2020-2025
      • MEA - Market size and forecast 2020-2025
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Vendor landscape
      • Landscape disruption
      • Competitive Scenario

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • Advantage Trim & Lumber Co.
      • Beologic
      • CRH Plc
      • Fiberon
      • The AZEK Co. LLC
      • Trex Co. Inc.
      • Universal Forest Products Inc.
      • UPM-Kymmene Corp.
      • West Fraser Timber Co. Ltd.
      • Weyerhaeuser Company

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Framework

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      TechnavioINFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases
      Technavio

      TechnavioDATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts
      Technavio

      TechnavioREPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
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      The decking market growth will increase by $4.89 billion during 2019-2024.
      The decking market is expected to grow at a CAGR of 5.78% during 2019-2024.
      Technavio has segmented the decking market by product (Composite, Wood, Plastic, and Aluminum) ,application (Residential and Non-residential) , and geographic (North America, Europe, APAC, South America, and MEA).
      Advantage Trim & Lumber Co., Beologic, CRH Plc, Fiberon, The AZEK Co. LLC, Trex Co. Inc., Universal Forest Products Inc., UPM-Kymmene Corp., West Fraser Timber Co. Ltd., Weyerhaeuser Company are a few of the key vendors in the decking market.
      North America will register the highest growth rate of 41.39% among the other regions. Therefore, the decking market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
      • US
      • UK
      • China
      • Canada
      • Germany
      The key factors driving the decking market growth are:
      • Changing lifestyles and increasing use of outdoor living spaces
      • Rising adoption of prefabricated construction solutions
      The decking market vendors should focus on grabbing business opportunities from the composite segment as it accounted for the largest market share in the base year.
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