Global Plastic Decking Strategic Business Report 2023: Rising Lumber Prices Increases Popularity of Plastic Decking

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Global Market for Composite Decking

Global Market for Composite Decking
Global Market for Composite Decking

Dublin, May 02, 2023 (GLOBE NEWSWIRE) -- The "Plastic Decking: Global Strategic Business Report" report has been added to's offering.

The global market for Composite Decking estimated at US$3.6 Billion in the year 2022, is projected to reach a revised size of US$8.3 Billion by 2030, growing at a CAGR of 10.9% over the analysis period 2022-2030.

Capped, one of the segments analyzed in the report, is projected to record 11.2% CAGR and reach US$6.1 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Uncapped segment is readjusted to a revised 10.2% CAGR for the next 8-year period.

The U.S. Market is Estimated at $1.2 Billion, While China is Forecast to Grow at 14.3% CAGR

The Composite Decking market in the U.S. is estimated at US$1.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.5 Billion by the year 2030 trailing a CAGR of 14.3% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.6% and 10.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 10% CAGR.

Select Competitors (Total 110 Featured) -

  • Axion Structural Innovations LLC

  • Certainteed Corporation

  • DuraLife Decking & Railing Systems

  • DuxxBak Composite Decking

  • Fiberon LLC

  • Newtechwood Company

  • TAMKO Building Products LLC

  • The AZEK Company Inc.

  • Trex Company, Inc.

  • UPM-Kymmene Corporation

  • YKK AP America Inc.

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.

  • Global competitiveness and key competitor percentage market shares

  • Market presence across multiple geographies - Strong/Active/Niche/Trivial

  • Online interactive peer-to-peer collaborative bespoke updates

  • Access to digital archives and Research Platform

  • Complimentary updates for one year

Key Attributes:

Report Attribute


No. of Pages


Forecast Period

2022 - 2030

Estimated Market Value (USD) in 2022

$3.6 Billion

Forecasted Market Value (USD) by 2030

$8.3 Billion

Compound Annual Growth Rate


Regions Covered


Key Topics Covered:




  • Impact of Covid-19 and a Looming Global Recession

  • Year 2021 and Beyond

  • World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2023

  • Recovery in Construction Industry to Drive Market Growth

  • World Construction Industry (in US$ Trillion) for the Years 2017, 2019 & 2022

  • Global Value of Megacity Construction Projects (US$ Billion) in 2019

  • Trends in the Construction Industry Influence Market Uptake

  • Increased Activities of Remodeling and Renovation to Propel the Growth

  • Global Remodeling Market in US$ Trillion for the Years 2017, 2019, 2021, 2023 and 2025

  • COVID-19 Impact on Plastic Decking Market

  • Home Improvement Projects & Interest in DIY Stimulate Composite Decking Demand amid COVID-19

  • Plastic Decking - Global Key Competitors Percentage Market Share in 2022 (E)

  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

  • A Prelude to Plastic Decking

  • Global Market Overview and Market Prospects

  • Affordability and Low Maintenance- Key Driving Forces of the World Plastic Decking Market

  • Capped Decking Leads the Market, Set to Make Big Gains

  • Polyethylene Constitutes the Main Resin

  • Regional Market Analysis

  • United States Leads the Global Plastic Decking Market, Asia-Pacific to Witness Fastest Growth

  • US Decking Market Trends

  • Asia-Pacific Witnesses Rapid Growth, Strong Construction Activity Makes China and India Lucrative Markets

  • Developing Countries Emerge as Hot Spots for Future Growth

  • Recent Market Activity




  • Increasing Shift towards Plastic, and Composite Decking from Natural Wood Counterparts Drive Market Growth

  • PVC Decking Witnesses Increased Popularity

  • Rising Lumber Prices Increases Popularity of Plastic Decking

  • Composite Decking as a Good Alternative to Wood Decks

  • Composite Decking Makers Set Focus on Chipping Away Wood Sales with Better Options

  • Plastic Decking Gains Popularity among Homeowners

  • Customers Seek More Functionality from Decks

  • Value Addition at Affordable Price Points

  • Building Relationships with Remodeling Contractors

  • Serious Efforts by Composite Vendors to Push Share

  • Recent Breakthroughs Make Composite Decking a Cooler Option for Homeowners

  • Composite Decking with Cooler Surfaces

  • Customized Surface Finishes - A New Trend

  • Multi-Width Composite Decking Boards

  • Synthetic, Affordable Decking

  • Hollowed Decking Boards Gain Popularity

  • Innovative Products Widen the Addressable Market

  • Technological Advancements Augment Functional and Design Attributes

  • Favorable Demographic & Socio-Economic Trends Strengthen Market Prospects

  • World Population (in Thousands) by Geographic Region for the Years 2019, 2030, 2050, and 2100

  • Top Countries Worldwide in Terms of Population in Millions for the Years 1990, 2019 and 2050

  • Rapid Growth in Urban Households

  • World Urban Population in Millions: 1950-2050

  • Degree of Urbanization Worldwide: Urban Population as a % of Total Population by Geographic Region for the Years 1950, 1970, 1990, 2018, 2030, and 2050

  • Growing Affluence of Middle Class Consumer Segment

  • Global Middle Class Population (In Million) by Region for the Years 2020, 2025 and 2030

  • Global Middle Class Spending (US$ Trillion) by Region for the Years 2020, 2025, and 2030

  • Rising Living Standards




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