Wooden Decking Market Study by Regional Outlook and Competitive Landscape to 2026 - PowerPoint PPT Presentation

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Wooden Decking Market Study by Regional Outlook and Competitive Landscape to 2026

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Burgeoning construction activities across the globe, alongside rising disposable incomes among populations are expected to fuel wooden decking market growth. – PowerPoint PPT presentation

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Title: Wooden Decking Market Study by Regional Outlook and Competitive Landscape to 2026


1
Wooden Decking Market Report by Regional Outlook
Growth Forecast to 2026
  • Burgeoning construction activities across the
    globe, alongside rising disposable incomes among
    populations are expected to fuel wooden decking
    market growth. Standards of living have improved
    significantly over the years, as a result of
    rapid industrialization, which has boosted the
    need for wooden decks and other such
    constructions in residences, hotels, schools and
    more.
  • Decks are flat surfaces, similar to floors, which
    are designed to withstand and support weight.
    Outdoor decks are usually elevated from ground
    level, usually to add an aesthetic appeal to the
    construction they are connected to. The
    application scope of the wooden decking industry
    is vast, including garden landscaping, extended
    living areas, patios, and more.

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2
  • The rising demand for luxury and premium homes,
    particularly in developing nations, alongside
    rising remodeling and refurbishment activities is
    anticipated to boost wooden decking market
    dynamics. The demand for luxury homes is rising
    steadily across the globe, mainly due to growing
    per capita incomes and the subsequent evolution
    in consumer lifestyles and preferences. In India,
    for instance, the proliferating availability of
    premium real estate and opulence in tier II and
    III cities has triggered a significant rise in
    luxury expenditure in the region.
  • Luxury expenditure has risen by over 30 times in
    tier II cities as compared to tier I cities, as
    high disposable incomes allow consumers to invest
    in various amenities and conveniences to sustain
    a lavish lifestyle. This rising inclination
    towards investment in luxury products, in
    addition to the rising demand for premium real
    estate will contribute heavily to wooden decking
    market penetration over the forecast spell.
  • Cedar is used extensively as the preferred
    material by the wooden decking industry for many
    years. This is mainly due to the woods natural
    resistance to insects and rot. Given its soft
    nature, however, the material is used more often
    for vertical elements such as privacy fencing,
    planters, pergolas, railing balustrades, etc.
    rather than for flooring.

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  • Regional Analysis
  • The outbreak is also asserting a dramatic impact
    on home builder supply chains in the US, and
    other regions, which has led to a constraint of
    construction activity and diminished performance
    in residential construction. These factors are in
    turn likely to pull down demand for wood
    products, which will subsequently affect the
    wooden decking market outlook in the present
    time. However, the situation may start to improve
    in the post-pandemic era, once the construction
    sector and lumber demand begin their return to
    normalcy.
  • Competitive Analysis
  • Key players bolstering the global wooden decking
    industry share include Humboldt Redwood Company
    (Mendocino Redwood Company), Sundek Interio,
    Alfresco Floors, AZEK Building Products (CPG
    INTERNATIONAL INC., CPG INTERNATIONAL I INC),
    Thermory AS, United Construction Products (GMS),
    Kebony, Metsa Wood, Trex Company, DuraLife
    (Barrette Outdoor Living, Inc.), Universal Forest
    Products, Koppers, Deck Solutions, etc.

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Latest Research Report On Wooden Decking Market _at_
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en-decking-market
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