Composite Decking Market Size was US$ 1881.2 Million. Over the next five years the Composite Decking Market will register a 13.1% CAGR in terms of revenue, is expected to reach US$ 3874.3 Million by 2027.
Outdoor living projects are still a high priority for houseowners while considering renovation projects that is why composite decking industry is gaining impetus. As opposed to natural wood decking products, composite decking is mainly used for its special features. Over the forecast period, composite decking market is expected to grow because of the demand for low maintenance building projects.
The composite decking market is growing because of availability of new and innovative products. The growth of global composite decking market has been fueled by the recovery of residential market in North America. The primary factors that have influenced the composite decking market are uncapped and capped composite decking products replacing the old-fashioned decking materials. These capped and uncapped products have qualities such as resistance to color fading, rotting and more. Uncapped composite decking is costlier but can proved to be affordable in the long run than capped products. Basically, capped composite decking is plastic composites that have resin protected layer which is attached with help of wooden core. That resin protected layer restricts splintering, rotting and mold growth creation.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market.
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Top Key players in the Composite Decking Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global Composite Decking Market is fragmented with a large number of small players operating worldwide. The companies referred in the market research report includes - TimberTech (U.S.), Trex Company, Inc. (U.S.), Advanced Environmental Recycling Technologies, Inc. (U.S.), Fiberon LLC (U.S.) and UPM Biocomposites (Finland). Some of the other players in the composite decking market are TAMKO Building Products, Inc. (U.S), Universal Forest Products, Inc. (U.S), Axion International, Inc.(U.S), Integrity Composites (U.S), and Green Bay Decking (U.S), AZEK (U.S), Oldcastle(United States), Barrette Outdoor Living, Cali Bamboo, Leadvision, LumbeRock, and others
Composite Decking Market is segmented based on the type, applications, companies and regions.
Composite Decking Market has been segmented into By Type:
Composite Decking Market has been segmented into By Applications:
On the basis of geography, the composite decking market is segmented by regions such as North America, Europe, Asia Pacific, Middle-East & Africa, and Latin America. North America accounted for majority of the market share of composite decking in 2015 and is expected to remain dominant over the forecast period. The recovery of the residential markets in North America has been one of the major drivers for the composite decking market. Europe has a considerable market share in the global composite decking market. Asia Pacific is one of the fast-growing regions for composite decking and it is expected to remain so over the forecast period. The replacement of traditional types of composite decking materials with uncapped type of decking has fueled the demand for composite decking in this region. Middle East & Africa have an emerging composite decking market owing to the introduction of innovative types of composite decking products.
The report offers in-depth assessment of the growth and other aspects of the Composite Decking Market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
Report Attributes
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Report Details |
Forecast Period 2022 to 2027 CAGR |
CAGR of 13.1% during the review period (2022 to 2027). |
By Type |
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By Application |
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By Companies
| TimberTech (U.S.), Trex Company, Inc. (U.S.), Advanced Environmental Recycling Technologies, Inc. (U.S.), Fiberon LLC (U.S.) and UPM Biocomposites (Finland). Some of the other players in the composite decking market are TAMKO Building Products, Inc. (U.S), Universal Forest Products, Inc. (U.S), Axion International, Inc.(U.S), Integrity Composites (U.S), and Green Bay Decking (U.S), AZEK (U.S), Oldcastle(United States), Barrette Outdoor Living, Cali Bamboo, Leadvision, LumbeRock |
Regions Covered
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Countries Covered |
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Base Year
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2022 |
Historical Year
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2017 to 2022 |
Forecast Year
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2022 to 2027 |
Customization Available
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Yes, the report can be customized as per your needs |
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
What is the study period of this market?
The Composite Decking Market is studied from 2017 - 2027.
What is the growth rate of Composite Decking Market?
The Composite Decking Market is growing at a CAGR of 13.1% over the next 5 years.
Who are the key players in Composite Decking Market?
TimberTech (U.S.), Trex Company, Inc. (U.S.), Advanced Environmental Recycling Technologies, Inc. (U.S.), Fiberon LLC (U.S.) and UPM Biocomposites (Finland). Some of the other players in the composite decking market are TAMKO Building Products, Inc. (U.S), Universal Forest Products, Inc. (U.S), Axion International, Inc.(U.S), Integrity Composites (U.S), and Green Bay Decking (U.S), AZEK (U.S), Oldcastle(United States), Barrette Outdoor Living, Cali Bamboo, Leadvision, LumbeRock
What region does this Composite Decking Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Composite Decking Market?
Recycled and New Plastic, Bamboo Fibers, Wood Fibers, Other
What are the major end-use applications of Composite Decking Market?
Residential, Commercial
Application_List
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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