Dublin, Aug. 06, 2025 (GLOBE NEWSWIRE) -- The "Wooden Decking Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2025-2034" has been added to ResearchAndMarkets.com's offering.
The Global Wooden Decking Market was valued at USD 8.3 billion in 2024 and is estimated to grow at a CAGR of 2.8% to reach USD 10.9 billion by 2034, fueled by increasing demand for outdoor living areas, combined with a rise in construction activity across both developed and emerging economies.
Homeowners and developers are showing strong interest in enhancing property value and outdoor aesthetics, pushing demand for high-quality decking solutions. The market is also shaped by a shift toward sustainable materials. Eco-conscious consumers seek environmentally friendly alternatives, including wood from responsibly managed forests and advanced composite materials made from recycled components. These alternatives offer lower maintenance needs and better resistance to harsh weather conditions.
The focus on sustainable building practices is a major catalyst for change in this market. Innovations in wood treatment and composite material manufacturing have significantly improved the durability and lifespan of decking solutions. Products today resist decay, pests, and environmental wear, making them ideal for modern outdoor applications. Composite decking has gained traction for combining wood aesthetics with enhanced resilience, reducing upkeep. This has positioned composite materials as a preferred choice for long-term performance with a minimal environmental footprint.
In 2024, pressure-treated wood held the largest market share, contributing USD 3 billion due to its affordability, accessibility, and high resistance to moisture, rot, and insects. It remains a preferred option in decking projects thanks to improved strength and extended lifespan, enabled by advances in treatment technology. Despite the emergence of modern alternatives, its practical advantages help retain its popularity in commercial and residential applications.
The residential sector dominated the market with a 76% share in 2024 and is projected to maintain steady growth at a 3% CAGR through 2034. As more homeowners focus on wellness and relaxation within their living environments, outdoor spaces have become essential. Wooden decking offers an elegant, eco-conscious solution that aligns with contemporary design preferences. The market has seen increased adoption of certified sustainable wood and composites, particularly those verified for low environmental impact, supporting the green home movement.
The United States Wooden Decking Market held a 20% share in 2024. With a strong culture of homeownership and appreciation for outdoor spaces, the U.S. continues to drive market momentum. Builders increasingly incorporate wooden decks in new housing and renovation projects, with redwood and treated lumber favored for their durability and compatibility with regional climates.
Leading companies such as James Latham, Fiberon, Kebony, AZEK Building Products, Trex Company, UPM, Alfresco Floors, Inovar Floors, West Fraser, and DuraLife use several strategies to enhance market standing. They invest in R&D to create longer-lasting, eco-friendly options and adopt green certification standards to appeal to sustainability-driven consumers. Partnerships with retailers and digital marketing expand brand visibility. Some firms localize manufacturing to reduce costs and improve delivery times. Customization and advanced surface technologies are key differentiators to meet evolving customer preferences and competitive dynamics.
Comprehensive Market Analysis and Forecast
- Industry trends, key growth drivers, challenges, future opportunities, and regulatory landscape
- Competitive landscape with Porter's Five Forces and PESTEL analysis
- Market size, segmentation, and regional forecasts
- In-depth company profiles, business strategies, financial insights, and SWOT analysis
Key Attributes
| Report Attribute | Details |
| No. of Pages | 220 |
| Forecast Period | 2024-2034 |
| Estimated Market Value (USD) in 2024 | $8.3 Billion |
| Forecasted Market Value (USD) by 2034 | $10.9 Billion |
| Compound Annual Growth Rate | 2.8% |
| Regions Covered | Global |
Key Topics Covered
Chapter 1 Methodology & Scope
1.1 Research design
1.1.1 Research approach
1.1.2 Data collection methods
1.2 Base estimates and calculations
1.2.1 Base year calculation
1.2.2 Key trends for market estimates
1.3 Forecast model
1.4 Primary research & validation
1.4.1 Primary sources
1.4.2 Data mining sources
1.5 Market definitions
Chapter 2 Executive Summary
2.1 Industry 360 degree-degree synopsis, 2021-2034
Chapter 3 Industry Insights
3.1 Industry ecosystem analysis
3.1.1 Factor affecting the value chain.
3.1.2 Profit margin analysis.
3.1.3 Disruptions
3.1.4 Future outlook
3.1.5 Manufactures
3.1.6 Distributors
3.2 Impact of Trump administration tariffs
3.2.1 Trade impact
3.2.1.1 Trade volume disruptions
3.2.1.2 Retaliatory measures
3.2.2 Impact on industry
3.2.2.1 Supply-side impact (raw materials)
3.2.2.1.1 Price volatility in key materials
3.2.2.1.2 Supply chain restructuring
3.2.2.1.3 Production cost implications
3.2.2.2 Demand-side impact (cost to customers)
3.2.2.2.1 Price transmission to end markets
3.2.2.2.2 Market share dynamics
3.2.2.2.3 Consumer response patterns
3.2.3 Key companies impacted
3.2.4 Strategic industry responses
3.2.4.1 Supply chain reconfiguration
3.2.4.2 Pricing and product strategies
3.2.4.3 Policy engagement
3.2.5 Outlook & future considerations
3.3 Supplier landscape
3.4 Key news & initiatives
3.5 Regulatory landscape
3.6 Pricing trend analysis
3.7 Impact forces
3.7.1 Growth drivers
3.7.1.1 Increase in the construction industry
3.7.1.2 Growing trend of outdoor living spaces
3.7.1.3 Shift towards sustainable and biodegradable building materials
3.7.1.4 Increase in the residential sector
3.7.2 Industry pitfalls & challenges
3.7.2.1 Availability of substitutes
3.7.2.2 Concerns related to deforestation
3.8 Growth potential analysis
3.9 Porter's analysis
3.10 PESTEL analysis
Chapter 4 Competitive Landscape, 2024
4.1 Introduction
4.2 Company market share analysis
4.3 Competitive positioning matrix
4.4 Strategic outlook matrix
Chapter 5 Market Estimates & Forecast, by Wood Type, 2021-2034 (USD Billion, Thousand Units)
5.1 Key trends
5.2 Pressure treated wood
5.3 Redwood
5.4 Cedar
5.5 Tropical hardwood
5.6 Wood-plastic composites
5.7 Others (Mahagony, teak, tigerwood, etc.)
Chapter 6 Market Estimates & Forecast, by Installation, 2021-2034 (USD Billion, Thousand Units)
6.1 Key trends
6.2 Indoor
6.3 Outdoor
Chapter 7 Market Estimates & Forecast, by Application, 2021-2034 (USD Billion, Thousand Units)
7.1 Key trends
7.2 Railing
7.3 Floor
7.4 Wall
7.5 Others
Chapter 8 Market Estimates & Forecast, by End Use, 2021-2034 (USD Billion, Thousand Units)
8.1 Key trends
8.2 Residential
8.2.1 New construction
8.2.2 Remodeling
8.3 Commercial
8.3.1 New construction
8.3.2 Remodeling
Chapter 9 Market Estimates & Forecast, by Distribution Channel, 2021-2034 (USD Billion, Thousand Units)
9.1 Key trends
9.2 Direct sales
9.3 Indirect sales
Chapter 10 Market Estimates & Forecast, by Region, 2021-2034 (USD Billion, Thousand Units)
10.1 Key trends
10.2 North America
10.2.1 U.S.
10.2.2 Canada
10.3 Europe
10.3.1 UK
10.3.2 Germany
10.3.3 France
10.3.4 Italy
10.3.5 Spain
10.3.6 Russia
10.4 Asia-Pacific
10.4.1 China
10.4.2 India
10.4.3 Japan
10.4.4 South Korea
10.4.5 Australia
10.5 Latin America
10.5.1 Brazil
10.5.2 Mexico
10.6 MEA
10.6.1 UAE
10.6.2 Saudi Arabia
10.6.3 South Africa
Chapter 11 Company Profiles
11.1 Alfresco Floors
11.2 AZEK Building Products
11.3 DuraLife
11.4 Fiberon
11.5 Humboldt Redwood Company
11.6 Inovar Floors
11.7 James Latham
11.8 Kebony
11.9 Metsa Group
11.10 Trex Company
11.11 United Construction Products
11.12 Universal Forest Products
11.13 UPM
11.14 West Fraser
11.15 Weyerhaeuser Company
For more information about this report visit https://www.researchandmarkets.com/r/778ows
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