Wooden Decking Market Overview and Product Scope over 2019 - 2025

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Wooden Decking Market Global Industry Forecast
Analysis over 2019 - 2025
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• 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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• 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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• Regional Analysis

• 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.

• Competitive Analysis

• 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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