Title: Wooden Decking Market Overview and Product Scope over 2019 - 2025
1Wooden Decking Market Global Industry Forecast
Analysis over 2019 - 2025
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2- Wooden Decking Market Scenario
- Wooden decks are flat surfaces that are able to
provide support and withstand weight. These are
used widely in luxury homes for generally outdoor
applications such as construction of floors,
rails across gardens. Globally the demand of
luxury homes is on rise due to rise in per capita
income, changing consumer aspirations and
lifestyles. High disposable income enables
citizens to spend their money on various
amenities, to reflect lavish lifestyles. - Moreover, in developed economies the wooden
decking market size is expected to show
substantial growth as the demand for luxury house
will propel due to their ability to provide
higher return on investment as these are one of
the best performing assets in terms of value and
will yield after a period of time. - Availability of substitutes such as composite
decking solutions which are easy to install and
durable, coupled with high maintenance
requirements for wooden decks is likely to hinder
the market growth rate in near future.
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3Continue-
- There are different types of wooden decks that
are used for various applications, among which
the most common ones are pressure treated wood,
redwood, cedar and tropical hardwood. Cedar is
one of the most common choices for wood decks as
they have better aesthetics and natural aroma.
Decks made from these woods also provide
resistance to insects, rots, etc. thus enabling
them to hold decent share in the overall wooden
decking market. - However, these decks are too soft and are used
majorly for balustrade and fencing applications.
Pressure treated lumber decks are also used as
these are less expensive as compared to cedar and
redwood with same qualities. They have
disadvantages such as inconsistent appearance,
splitting, and easy staining resulting in higher
maintenance, which results in less market
attractiveness for these types of wooden decks.
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4- Europe is expected to hold the significant share
in wooden decking market. In European Union
residential stock is the biggest segment
constituting around 75 of the total building
stock. Of this residential stock, around 64 are
row houses/single family houses. Countries such
as UK, Ireland, Norway, Netherlands have more
than 80 of single-family houses, and with
recovery in residential sector due to rise in
real estate prices the demand for wooden deck is
also expected to show a positive growth rate over
forecast timespan in region.
- Some of the prominent players in wooden decking
market are Sundek Interio, United Construction
Products, AZEK Building Products, Metsa Wood,
Humboldt Redwood Company, DuraLife, Kebony,
Universal Forest Products, Deck Solutions,
Koppers, Trex Company, Alfresco Floors, Thermory
AS, etc.
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