Market Overview:
The global outdoor decking market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for pressure-treated wood, cedar wood, redwood, and other types of outdoor decking materials from building material and rail & infrastructure applications. North America is expected to lead the global outdoor decking market in terms of revenue during the forecast period. Asia Pacific is projected to be the fastest-growing region during the forecast period owing to rapid urbanization and rising disposable income levels in countries such as China and India.
Product Definition:
Outdoor Decking is a term used for a variety of materials which can be used to create decks outside. Outdoor decking is often made out of wood, but composite materials are also becoming popular. Decks are important for creating usable outdoor spaces and can provide homeowners with additional living and entertaining space.
Pressure-Treated Wood:
Pressure-Treated Wood (PTW) is a type of wood that is processed using pressure and chemicals. The process helps to preserve the wood by eliminating fungal growth, thus increasing its durability. PTW has applications in outdoor decking such as it can be used for more than 50 years without any maintenance or repair work.
The global outdoor decking market size was valued at USD 13 billion in 2015.
Cedar Wood:
Cedar wood is a soft, lightweight, and durable tree that produces red-colored wood. Cedarwood can be used as an indoor flooring material as well as an outdoor decking material. The durability of the product makes it suitable for use in outdoor decks which are expected to last at least 10 years.
The growing demand for cedarwood due to its aesthetic appeal is expected to drive the market over the forecast period.
Application Insights:
Building material was the dominant application segment in 2015 and accounted for over 60% of the global demand. The growth of this application can be attributed to increasing construction activities in emerging economies such as India, China and Brazil. Building materials are also used on a small scale for various other applications such as garden furniture or flooring inside homes.
Rails & infrastructure is expected to grow at a CAGR of XX% from 2016 to 2030 owing to its usage along with decking on trains, buses and trams among others forms of public transport systems globally. Increasing urbanization has led people into living in closer proximity which has resulted in an increased demand for rails & infrastructure across developing countries worldwide including China, India Japan Thailand etcetera etcetera).
Regional Analysis:
North America dominated the global market in 2017. The region is expected to continue its dominance over the forecast period. This growth can be attributed to increasing construction activities, coupled with a rise in residential and commercial building projects. In addition, rising consumer disposable income levels and growing awareness about health & safety are likely to contribute toward industry growth over the next eight years.
Asia Pacific is anticipated to witness significant growth during the forecast period owing to rapid urbanization along with increasing investments from foreign players for setting up manufacturing facilities in emerging economies of China and India due to low production costs as comparedto other countries globally.
Growth Factors:
- Increasing demand for outdoor decking from the residential sector as a result of growing consumer awareness about the benefits of using outdoor decking.
- Rising demand for eco-friendly and low-maintenance outdoor decking materials, such as wood plastic composites (WPCs), which are made from recycled materials.
- Growing popularity of backyard decks as an extension to living spaces, due to their ability to create a comfortable and inviting environment for social gatherings and relaxation.
- Increasing use of outdoor decks in commercial applications, such as restaurants, hotels, and retail stores, due to their ability to improve customer experience and increase foot traffic.
Scope Of The Report
Report Attributes
Report Details
Report Title
Outdoor Decking Market Research Report
By Type
Pressure-Treated Wood, Cedar Wood, Redwood, Others
By Application
Building Material, Rails & Infrastructure
By Companies
UPM-Kymmene Corporation, Weyerhaeuser Company, West Fraser Timber Co, Universal Forest Products, Metsa Group, Setra Group, James Latham, Cox Industries, Vetedy Group, Bedford Technology, UPM-Kymmene Corporation, Dura Composites Marine, M.M. srl, Marina Dock Systems, MGA
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
125
Number of Tables & Figures
88
Customization Available
Yes, the report can be customized as per your need.
Global Outdoor Decking Market Report Segments:
The global Outdoor Decking market is segmented on the basis of:
Types
Pressure-Treated Wood, Cedar Wood, Redwood, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Building Material, Rails & Infrastructure
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- UPM-Kymmene Corporation
- Weyerhaeuser Company
- West Fraser Timber Co
- Universal Forest Products
- Metsa Group
- Setra Group
- James Latham
- Cox Industries
- Vetedy Group
- Bedford Technology
- UPM-Kymmene Corporation
- Dura Composites Marine
- M.M. srl
- Marina Dock Systems
- MGA
Highlights of The Outdoor Decking Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Pressure-Treated Wood
- Cedar Wood
- Redwood
- Others
- By Application:
- Building Material
- Rails & Infrastructure
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Outdoor Decking Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Outdoor decking is a type of decking that is typically made from wood, metal, or composite materials. It is often used to cover an area outside of a building or structure. Outdoor decks can be used for a variety of purposes, including providing shelter from the weather and as part of an outdoor living space.
Some of the major companies in the outdoor decking market are UPM-Kymmene Corporation, Weyerhaeuser Company, West Fraser Timber Co, Universal Forest Products, Metsa Group, Setra Group, James Latham, Cox Industries, Vetedy Group, Bedford Technology, UPM-Kymmene Corporation, Dura Composites Marine, M.M. srl, Marina Dock Systems, MGA.
The outdoor decking market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Outdoor Decking Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Outdoor Decking Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Outdoor Decking Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Outdoor Decking Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Outdoor Decking Market Size & Forecast, 2018-2028
4.5.1 Outdoor Decking Market Size and Y-o-Y Growth
4.5.2 Outdoor Decking Market Absolute $ Opportunity
Chapter 5 Global Outdoor Decking Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Outdoor Decking Market Size Forecast by Type
5.2.1 Pressure-Treated Wood
5.2.2 Cedar Wood
5.2.3 Redwood
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Outdoor Decking Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Outdoor Decking Market Size Forecast by Applications
6.2.1 Building Material
6.2.2 Rails & Infrastructure
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Outdoor Decking Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Outdoor Decking Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Outdoor Decking Analysis and Forecast
9.1 Introduction
9.2 North America Outdoor Decking Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Outdoor Decking Market Size Forecast by Type
9.6.1 Pressure-Treated Wood
9.6.2 Cedar Wood
9.6.3 Redwood
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Outdoor Decking Market Size Forecast by Applications
9.10.1 Building Material
9.10.2 Rails & Infrastructure
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Outdoor Decking Analysis and Forecast
10.1 Introduction
10.2 Europe Outdoor Decking Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Outdoor Decking Market Size Forecast by Type
10.6.1 Pressure-Treated Wood
10.6.2 Cedar Wood
10.6.3 Redwood
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Outdoor Decking Market Size Forecast by Applications
10.10.1 Building Material
10.10.2 Rails & Infrastructure
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Outdoor Decking Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Outdoor Decking Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Outdoor Decking Market Size Forecast by Type
11.6.1 Pressure-Treated Wood
11.6.2 Cedar Wood
11.6.3 Redwood
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Outdoor Decking Market Size Forecast by Applications
11.10.1 Building Material
11.10.2 Rails & Infrastructure
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Outdoor Decking Analysis and Forecast
12.1 Introduction
12.2 Latin America Outdoor Decking Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Outdoor Decking Market Size Forecast by Type
12.6.1 Pressure-Treated Wood
12.6.2 Cedar Wood
12.6.3 Redwood
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Outdoor Decking Market Size Forecast by Applications
12.10.1 Building Material
12.10.2 Rails & Infrastructure
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Outdoor Decking Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Outdoor Decking Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Outdoor Decking Market Size Forecast by Type
13.6.1 Pressure-Treated Wood
13.6.2 Cedar Wood
13.6.3 Redwood
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Outdoor Decking Market Size Forecast by Applications
13.10.1 Building Material
13.10.2 Rails & Infrastructure
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Outdoor Decking Market: Competitive Dashboard
14.2 Global Outdoor Decking Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 UPM-Kymmene Corporation
14.3.2 Weyerhaeuser Company
14.3.3 West Fraser Timber Co
14.3.4 Universal Forest Products
14.3.5 Metsa Group
14.3.6 Setra Group
14.3.7 James Latham
14.3.8 Cox Industries
14.3.9 Vetedy Group
14.3.10 Bedford Technology
14.3.11 UPM-Kymmene Corporation
14.3.12 Dura Composites Marine
14.3.13 M.M. srl
14.3.14 Marina Dock Systems
14.3.15 MGA
