Market Overview:
The global timber 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 wooden flooring, parquet, laminate flooring and bamboo flooring across the globe. Additionally, the growing construction industry is also fueling the growth of this market. In terms of type, wooden flooring held a major share of the global timber decking market in 2017 and is expected to maintain its dominance during the forecast period as well. This can be attributed to its properties such as durability and resistance against moisture which make it suitable for use in both residential and commercial buildings.
Product Definition:
Timber Decking is a platform, often elevated, constructed from timber joists and decking boards. Timber Decking is used as an outdoor flooring surface to provide access to an outdoor area or as an outdoor living space. The importance of Timber Decking is that it provides a flat, level surface for various activities such as dining, relaxing or playing games.
Wooden Flooring:
Wooden flooring is a floor covering material made from wood. Wood can be classified as hardwood and softwood. Hardwood includes species such as oak, maple, teak, rosewood; whereas softwood includes species such as pine and cedar.
Parquet:
Parquet is a special type of wood that is cut into blocks and then SAWN into thin layers. Each layer has uniform thickness hence it’s also known as a deck. The parquet product range includes different species such as maple, oak, poplar and others which are used in the construction of timber decks. Timber decking products are available in various types such as pressure- Treated (PT) or non-pressure treated (NT).
Application Insights:
The residential building segment accounted for the largest share in 2016 and is projected to witness significant growth over the forecast period. Increasing urbanization, growing preference for flooring solutions such as wood or bamboo flooring, and rising disposable income are some of the factors expected to drive product demand in this application segment.
Commercial buildings were estimated at USD 2.97 billion in 2016 and is anticipated to witness a CAGR of XX% from 2017 to 2030 owing to increasing construction spending by commercial offices on upgrading their facilities with modern timber decking options that provide aesthetic appeal along with enhanced functionality and durability over wooden alternatives.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is projected to expand at a CAGR of XX% from 2018 to 2030 owing to increasing construction activities in emerging economies, such as China and India. In addition, rising disposable income levels are anticipated to fuel demand for high-end timber products across this region over the next eight years.
Europe accounted for 24% of the total revenue share in 2017 on account of rapid growth witnessed by this regional segment during the past few years on account of growing construction industry coupled with rising consumer disposable income levels and population growth rates especially in Germany, U.K.
Growth Factors:
- Increasing demand for outdoor living spaces: The popularity of timber decking is increasing as homeowners are looking to create outdoor living spaces that can be used for relaxation and entertainment. Timber decking provides a natural, warm look that can be customized to complement any home style.
- Low-maintenance and durability: Timber decking is a low-maintenance option that can last for many years with proper care. Unlike other materials such as concrete or vinyl, timber does not require regular painting or staining, making it a cost-effective choice in the long run.
- Environmental benefits: Timber is a renewable resource that comes from trees grown specifically for lumber production. When compared to other building materials such as plastic or metal, timber decks have much lower environmental impact due to their smaller carbon footprint and use of recycled materials.
- . Aesthetic appeal: Timber decks add value to your home by providing an attractive outdoor space that can be used for relaxing or entertaining guests year round.. They also provide additional insulation in colder climates, helping you save on energy costs while enjoying the outdoors comfortably all winter long!
Scope Of The Report
Report Attributes
Report Details
Report Title
Timber Decking Market Research Report
By Type
Wooden Flooring, Parquet, Laminate Flooring, Bamboo Floor
By Application
Residential Building, Commercial Building, Institutional Building, Industrial Facility, Others
By Companies
Fiberon, The AZEK Company, Trex, Accsys, Boral, Cali Bamboo, Dasso Group, East Teak Fine Hardwoods, UPM, West Fraser, Fiberon, Metsa Group, Vohringer, Power Dekor, Nature Home, DER
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
133
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global Timber Decking Market Report Segments:
The global Timber Decking market is segmented on the basis of:
Types
Wooden Flooring, Parquet, Laminate Flooring, Bamboo Floor
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
Residential Building, Commercial Building, Institutional Building, Industrial Facility, Others
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:
- Fiberon
- The AZEK Company
- Trex
- Accsys
- Boral
- Cali Bamboo
- Dasso Group
- East Teak Fine Hardwoods
- UPM
- West Fraser
- Fiberon
- Metsa Group
- Vohringer
- Power Dekor
- Nature Home
- DER
Highlights of The Timber 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:
- Wooden Flooring
- Parquet
- Laminate Flooring
- Bamboo Floor
- By Application:
- Residential Building
- Commercial Building
- Institutional Building
- Industrial Facility
- Others
- 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 Timber 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?
Timber decking is a type of wood flooring that is made up of several layers of thin, flat boards. The boards are usually glued together and then covered in a finish. Timber decking is popular because it's affordable, easy to install, and looks great on any floor.
Some of the major players in the timber decking market are Fiberon, The AZEK Company, Trex, Accsys, Boral, Cali Bamboo, Dasso Group, East Teak Fine Hardwoods, UPM, West Fraser, Fiberon, Metsa Group, Vohringer, Power Dekor, Nature Home, DER.
The timber 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 Timber 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 Timber Decking Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Timber 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 Timber 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 Timber Decking Market Size & Forecast, 2020-2028
4.5.1 Timber Decking Market Size and Y-o-Y Growth
4.5.2 Timber Decking Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Wooden Flooring
5.2.2 Parquet
5.2.3 Laminate Flooring
5.2.4 Bamboo Floor
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Residential Building
6.2.2 Commercial Building
6.2.3 Institutional Building
6.2.4 Industrial Facility
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Timber 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 Timber 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Wooden Flooring
9.6.2 Parquet
9.6.3 Laminate Flooring
9.6.4 Bamboo Floor
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 Market Size Forecast by Applications
9.10.1 Residential Building
9.10.2 Commercial Building
9.10.3 Institutional Building
9.10.4 Industrial Facility
9.10.5 Others
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Wooden Flooring
10.6.2 Parquet
10.6.3 Laminate Flooring
10.6.4 Bamboo Floor
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 Market Size Forecast by Applications
10.10.1 Residential Building
10.10.2 Commercial Building
10.10.3 Institutional Building
10.10.4 Industrial Facility
10.10.5 Others
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Wooden Flooring
11.6.2 Parquet
11.6.3 Laminate Flooring
11.6.4 Bamboo Floor
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 Market Size Forecast by Applications
11.10.1 Residential Building
11.10.2 Commercial Building
11.10.3 Institutional Building
11.10.4 Industrial Facility
11.10.5 Others
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Wooden Flooring
12.6.2 Parquet
12.6.3 Laminate Flooring
12.6.4 Bamboo Floor
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 Market Size Forecast by Applications
12.10.1 Residential Building
12.10.2 Commercial Building
12.10.3 Institutional Building
12.10.4 Industrial Facility
12.10.5 Others
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Wooden Flooring
13.6.2 Parquet
13.6.3 Laminate Flooring
13.6.4 Bamboo Floor
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) Market Size Forecast by Applications
13.10.1 Residential Building
13.10.2 Commercial Building
13.10.3 Institutional Building
13.10.4 Industrial Facility
13.10.5 Others
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 Timber Decking Market: Competitive Dashboard
14.2 Global Timber Decking Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Fiberon
14.3.2 The AZEK Company
14.3.3 Trex
14.3.4 Accsys
14.3.5 Boral
14.3.6 Cali Bamboo
14.3.7 Dasso Group
14.3.8 East Teak Fine Hardwoods
14.3.9 UPM
14.3.10 West Fraser
14.3.11 Fiberon
14.3.12 Metsa Group
14.3.13 Vohringer
14.3.14 Power Dekor
14.3.15 Nature Home
14.3.16 DER
