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GLOBAL WOODEN DECKING MARKET FORECAST 2022-2030
KEY FINDINGS The global wooden decking market is projected to grow with a CAGR of 4. 93% across the forecasted years of 2022 to 2030. The market growth is ascribed to the rise in remodeling activities, the increasing demand for housing and infrastructure in advanced economies, and the development of affordable housing projects.
New York, May 31, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "GLOBAL WOODEN DECKING MARKET FORECAST 2022-2030" - https://www.reportlinker.com/p06281757/?utm_source=GNW
MARKET INSIGHTS
Wood decking is a multi-faceted procedure involving the installation of a layer of quality materials on the exterior of a structure or building. It mainly aims to provide thermal insulation, in addition to protection from severe climatic conditions.
The construction sector is augmenting at a solid pace globally.Moreover, owing to the multiple opportunities available in regions such as the Asia-Pacific, North America, the Middle East, and Africa, the growing population, and the expanding need for structures, significant investments are recorded in the construction as well as renovation industries.
With the increasing living standards, individuals all over the world are inclined towards hardwood or timber decking, as well. Besides, it can be used in several ways, such as a part of garden landscaping in order to augment a residential space’s living area as well as a substitute for stone-based features like patios.
REGIONAL INSIGHTS
The global wooden decking market growth evaluation covers the assessment of Europe, the Asia-Pacific, North America, and Rest of World.North America is set to dominate the global market by 2030.
The regional market’s growth is attributed to the development of construction industries, the increase in private building investments, and the rise in residential structures.
COMPETITIVE INSIGHTS
The global wooden decking market is fragmented on account of the considerable presence of international as well as domestic players, mainly in North America and Europe.Furthermore, domestic players hold substantial market shares at both regional and national levels.
AZEK Company Inc, Deck Solutions LLC, Thermory AS, etc., are some of the leading companies operating in the market.
Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation cater to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
Companies mentioned
1. AZEK COMPANY INC
2. DECK SOLUTIONS LLC
3. DURALIFE DECKING & RAILING SYSTEMS
4. FIBERON
5. HUMBOLDT SAWMILL COMPANY LLC
6. INOVAR FLOOR
7. KEBONY
8. MENDOCINO FOREST PRODUCTS COMPANY LLC
9. METSÄ GROUP
10. NEOTIMBER
11. SETRA GROUP AB
12. TECNODECK (MITERA GROUP)
13. THERMORY AS
14. TREX COMPANY INC
15. UFP INDUSTRIES INC
16. UPM-KYMMENE OYJ
17. VETEDY GROUP
18. WEST FRASER TIMBER CO LTD
19. WEYERHAEUSER COMPANY
Read the full report: https://www.reportlinker.com/p06281757/?utm_source=GNW
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