Market To Reach USD
9,089.1 Million By
Increasing demand for construction in several developing and under developed countries
along with demand for new decks on new houses, repairs of old ones and lower costs are
the factors contributing to the CAGR in the forecasted period.
Market Size – USD 7,887.3 Million in 2020, Market Growth - CAGR of 1.9%, Market Trends –
Continuous launch of varied products made of different materials.
According to the current analysis of Reports and Data, the global Wooden Decking market was
valued at USD 7,887.3 Million in 2020 and is expected to reach USD 9,089.1 Million by year 2028,
at a CAGR of 1.7%. 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.
Beneficial Aspects of the Report:
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. This is the major driving factor of the market. However, the growing
environmental concerns and availability of alternatives act as the main restraining factors. They are
predominantly used as rails and building materials. The continuous construction works has been
encouraging this market as well.
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