Wooden Decking Market is expected to Grow with a CAGR of 6.94% through 2030
The
Wooden Decking Market is driven by rising consumer preference for aesthetic,
sustainable, and durable outdoor living solutions. Increased demand for
residential outdoor spaces, eco-friendly materials, and customization further
fuels market growth.
According
to TechSci Research report, “Wooden Decking Market – Global Industry Size,
Share, Trends, Competition Forecast & Opportunities, 2030F”, the
Global Wooden Decking Market was valued at USD 25.23 billion in 2024 and is expected to reach USD 38.08 billion by 2030 with a CAGR of 6.94% during the forecast period. The integration of Artificial Intelligence (AI) and the Internet of Things (IoT) is revolutionizing the wooden decking industry by enhancing both product development and user experience. AI-powered design tools allow for more efficient, personalized decking solutions, tailoring features such as wood grain patterns, colors, and layouts to individual preferences. Additionally, IoT technology is improving maintenance through smart sensors that monitor the condition of decking materials, detecting signs of wear, moisture levels, and structural integrity. This integration helps homeowners optimize the longevity of their outdoor spaces and provides valuable data for manufacturers to create smarter, more resilient products, ensuring that wooden decking remains a key player in the evolving outdoor living market.
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over XX Market data Figures spread through XX Pages and an in-depth TOC on
the "Global Wooden Decking Market.”
Based
on the Type of Construction, New Decks
on Existing Constructions segment held the largest Market share in 2024. The
demand for wooden decking in the New Decks on Existing
Constructions segment is significantly driven by several factors,
including the increasing trend of home renovation and remodeling projects,
especially in developed markets. Homeowners are increasingly seeking to enhance
the aesthetic appeal and functionality of their properties by adding or
upgrading outdoor spaces such as decks, patios, and balconies. This trend is
primarily fueled by the growing emphasis on outdoor living spaces, which have
become important for relaxation, social gatherings, and entertaining. The need
for outdoor spaces with improved aesthetics and functionality is further
amplified by the growing popularity of sustainable and natural building
materials, with wood being a preferred choice due to its timeless appeal,
durability, and environmental friendliness. Additionally, wooden decking
provides homeowners with the opportunity to increase the overall value of their
properties, making it an attractive investment, particularly for those looking
to sell or rent their homes in the future. The cost-effectiveness of wooden
decking, compared to alternative materials such as composite or stone, is
another factor that drives its adoption for new decks on existing
constructions, particularly in residential applications. Furthermore, the
growing awareness of the environmental benefits of sustainably sourced wood,
along with certifications such as FSC (Forest Stewardship Council), has
bolstered the demand for wooden decking materials, as consumers seek
eco-friendly alternatives to more industrial materials. The trend is also
supported by innovations in wood treatments and finishes, which enhance the
longevity and resilience of wooden decks, making them more resistant to
weathering, termites, and wear and tear. This technological advancement helps
to overcome the limitations that have traditionally associated wooden decking
with higher maintenance costs, thus broadening its appeal. In addition to the
residential sector, the rise of outdoor commercial spaces, including cafes,
restaurants, and hospitality establishments, has further spurred demand for
wooden decking in the "New Decks on Existing Constructions" segment,
as these spaces increasingly incorporate wood to create a warm, inviting
atmosphere. Another key driver is the influence of lifestyle trends, where
modern outdoor living designs embrace wood for its natural, aesthetic qualities
that complement contemporary architectural styles. As urban areas expand and
suburban developments grow, the potential for new decks on existing properties
continues to increase, creating long-term growth prospects for the wooden
decking market. Moreover, the shift toward DIY (do-it-yourself) projects, with
an increasing number of homeowners opting for self-installation, also
contributes to market growth as more consumers seek easy-to-install decking
solutions. With increasing disposable incomes, greater access to premium
quality decking materials, and evolving consumer preferences towards
personalized outdoor living experiences, the wooden decking market in this
segment is expected to experience robust growth. The overall market is further
supported by favorable government regulations promoting green building
practices, as well as the availability of wood from sustainably managed
forests, which makes wooden decking a more attractive choice for
environmentally conscious consumers. Thus, the combination of aesthetic appeal,
environmental considerations, cost-effectiveness, and innovative solutions
positions the "New Decks on Existing Constructions" segment as a key
driver of growth in the global wooden decking market.
Based
on region, Asia Pacific is the fastest-growing region in the Wooden Decking
Market, driven by rapid urbanization, increasing disposable incomes, and a
rising demand for residential and commercial construction. As outdoor living
spaces become more desirable, there is growing interest in wooden decking
solutions for both aesthetic and functional purposes. Countries like China,
India, and Japan are witnessing significant growth in the real estate sector,
which is contributing to higher demand for durable and visually appealing
outdoor materials. The increasing popularity of eco-friendly and sustainable
building materials, along with favorable government policies promoting green
construction, is further driving market expansion. Additionally, the rising
trend of outdoor entertainment and recreational activities, particularly in
urban areas, is fueling demand for wooden decking in residential properties,
public parks, and commercial spaces. The region’s growing middle class is
increasingly investing in home improvement and landscaping, which is further
boosting the demand for wooden decking products. Moreover, innovations in wood
preservation technologies, enhancing durability and weather resistance, are
making wooden decking more viable in the region’s diverse climate conditions.
With the continuous growth of construction and real estate projects, Asia
Pacific is poised to lead the global Wooden Decking Market in terms of growth
in the coming years.
Major
companies operating in the Global Wooden Decking Market are:
- Mohawk
Industries, Inc.
- UPM-Kymmene
Corporation
- Weyerhaeuser
Company
- West
Fraser Timber Co. Ltd.
- Universal
Forest Products, Inc.
- Metsa
Group
- Setra
Group
- James
Latham plc
- Cox
Industries Inc.
- Humboldt
Redwood Company
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“The
Global Wooden Decking Market is expected to rise in the upcoming years and
register a significant CAGR during the forecast period. TThe Wooden Decking
Market presents significant growth opportunities, driven by a shift towards
sustainable and aesthetically appealing outdoor living spaces. Increasing
demand for eco-friendly and renewable materials is accelerating the adoption of
sustainably sourced wood decking, particularly within residential and
commercial construction sectors. Additionally, the growing trend of outdoor
entertainment, coupled with a rising focus on home improvement, is contributing
to market expansion. Technological advancements in wood treatment processes,
which enhance durability and weather resistance, further elevate the appeal of
wooden decking. Moreover, the recovery of the real estate market and ongoing
infrastructure development initiatives offer considerable growth potential. Therefore,
the Market of Wooden Decking is expected to boost in the upcoming years.,” said
Mr. Karan Chechi, Research Director of TechSci Research, a research-based global management consulting firm.
“Wooden
Decking Market - Global Industry Size, Share, Trends, Opportunity, and
Forecast, Segmented, By Type (Pressure Treated Wood, Redwood, Cedar Wood and
Others), By Type of Construction (New Decks on Existing Constructions, Repairs
& Remodelling and New Decks on New Houses), By Application (Building
Material and Rails & Infrastructure), By End-User Sector (Residential and
Non-Residential), By Region, By Competition, 2020-2030F”, has evaluated the future growth
potential of Global Wooden Decking Market and provides statistics &
information on the Market size, structure, and future Market growth. The report
intends to provide cutting-edge Market intelligence and help decision-makers make
sound investment decisions., The report also identifies and analyzes the
emerging trends along with essential drivers, challenges, and opportunities in the
Global Wooden Decking Market.
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