Dublin, January 13, 2023 /PRNewswire/ — Global Wood Decking Market 2022-2028 Report Added of ResearchAndMarkets.com Recruitment.
According to a publisher’s report, the global wooden decking market will grow at a CAGR of 4.82% during the forecast period from 2022 to 2028.
Factors such as increasing demand for housing and infrastructure in developed countries and rising affordable housing projects mainly contribute to the market growth. In addition, the intensified remodeling activity has also increased the demand for wooden decks.
On the other hand, the growing preference for and use of alternative wood decking materials is a major obstacle on the growth trajectory. However, construction of green buildings is on the rise, increasing the demand for wood decks. This is expected to create market growth opportunities.
The global market for wood decks is Europe, Asia Pacific, North America, latin americaand the middle east When Africa.
of Asia Pacific It is expected to witness the fastest growth in the global market during the forecast period. Several governments in the region are offering tax incentives to encourage investment in wood decking, which may boost the market growth.
on the other hand, North America is the world’s leading market, with the largest share in 2021. Its growth is highly dependent on the presence of numerous market players. In addition, usa When Canada Construction activity is growing significantly and is expected to increase the demand for wooden decking in the area.
Major players profiled in the report on the wooden decking market include Azek Company Inc, Metsa Group, Setra Group AB, UFP Industries Inc, Vetedy Group, Fiberon, West Fraser Timber Co Ltd, Humboldt Sawmill Company LLC, Inovar Floor, Includes NeoTimber, Weyerhaeuser. Companies, DuraLife Decking & Railing Systems, Trex Company Inc, Tecnodeck (Mittera Group), Mendocino Forest Products Company LLC, Thermory AS, Deck Solutions LLC, UPM-Kymmene Oyj, and Kebony.
UFP Industries Inc designs and manufactures wood and wood substitute products. Its product portfolio includes engineered wood components. Structural Materials; Customized Interior Fixtures; Specialty Wood Packaging, Parts and Packaging.
The company also offers treated timber, wall panels, specialty timber framing, pallets, decking and railing products, wood fences, roof trusses, piles, landscaping and garden products. UFP Industries serves the retail, construction and industrial markets. With 208 facilities worldwide, the company’s global presence gives it a competitive edge over its competitors.
- Strengthening remodeling activities
- Growing demand for housing and infrastructure in developed countries
- Increase in affordable housing projects
- Expanded use of alternative wood deck materials
- Growing demand for wood decks due to increased construction of green buildings
1. Global Wood Decking Market – Overview
2. Industry Outlook
3. Global Wooden Decking Market Outlook – By Product Type
4. Global Wooden Decking Market Outlook – By Application
5. Global Wooden Decking Market Outlook – By End User
6. Global Wooden Decking Market Outlook – Regional Outlook
7. Competitive environment
8. Study method and scope
- Azec Company Co., Ltd.
- setra group ab
- Upm-Kymmen Oyj
- metsa group
- beteddy group
- Ufp Industries Inc.
- innovation floor
- Deck Solutions LLC
- Humboldt Sawmill Company LLC
- West Fraser Timber Co Ltd
- Duralife Deck & Railing Systems
- Mendocino Forest Products Company LLC
- Trex Company, Inc.
- Techno Deck (Mitsutera Group)
For more information on this report, please visit https://www.researchandmarkets.com/r/m513o1.
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