Wooden Decking Market worth 7.81 Billion USD by 2021

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Wooden Decking Market worth 7.81 Billion USD by 2021

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The wooden decking market size is estimated to grow from USD 7.21 Billion in 2015 to USD 7.81 Billion by 2021, at a CAGR of 1.43%. The base year considered for the study is 2015 and the market size is projected from 2016 to 2021. – PowerPoint PPT presentation

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Title: Wooden Decking Market worth 7.81 Billion USD by 2021


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Wooden Decking Market 
The report "Wooden Decking Market by Type
(Pressure-Treated Wood, Cedar Wood, Redwood),
Application (Building Material, Rails
Infrastructure), Type of Construction (Repairs
Remodeling, New Decks on New Constructions),
End-Use, and Region - Global Forecast to 2021",
The wooden decking market size is estimated to
grow from USD 7.21 Billion in 2015 to USD 7.81
Billion by 2021, at a CAGR of 1.43.
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Introduction
The research methodology used to estimate and
forecast the wooden decking market begins with
capturing data on key vendor revenues through
secondary research and associations such as North
American Deck and Railing Association, Timber
Decking and Cladding Association, and Western Red
Cedar Lumber Association. The vendor offerings
are also taken into consideration to determine
the market segmentation. The bottom-up procedure
was employed to arrive at the overall size of the
global wooden decking market from the revenue of
the key players.
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Key Participants
The major players in the wooden decking market
include UPM-Kymmene Corporation (Finland),
Weyerhaeuser Company (U.S.), West Fraser Timber
Co. Ltd. (Canada), Universal Forest Products,
Inc. (U.S.), Metsä Group (Finland), Setra Group
(Sweden), James Latham plc (U.K.), Cox Industries
Inc. (U.S.), Humboldt Redwood Company and
Mendocino Redwood Company (U.S.), and Vetedy
Group (U.S.).
Speak with Analyst
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On The Basis Of Region
The U.S. contributes a major market share in the
global as well as North American wooden decking
market. The recovery of the U.S. residential
market by 2010 after the 20072009 recession, and
the increasing demand for low maintenance
building products are some of the factors driving
the wooden decking market in North America. This
market in the U.S. is growing rapidly due to the
presence of numerous leading players in this
region.
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