Timber Decking Market 2016 Global Industry Analysis, Size, Share, Growth, Trends, and Forecast to 2020

The report covers the present scenario and the growth prospects of the global timber decking market for 2016-2020. The global timber decking market has been calculated based on the revenue generated from the sales of lumber, which includes both treated wood and untreated wood (hardwood and softwood) for decking, as well as sales of WPCs, which are made from recycled timber.

The report, Global Timber Decking Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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The analysts forecast global timber decking market to grow at a CAGR of 4.63% during the period 2016-2020. Decking is defined as a flat or profiled (anti-slip) timber surface designed as a structure to be deployed for outdoor use. Decking finds applications in the residential and non-residential sectors. Different types of woods are used for different applications. For instance, treated lumber (mainly softwood) is used for the substructure part of the deck. For the surface part of the deck, either hardwood or WPCs are preferred.

The following companies are the key players in the global timber decking market: Advanced Environmental Recycling Technologies, Advantage Trim & Lumber, Fiberon, Timber Holding USA, TimberTech, and Trex. Other Prominent Vendors in the market are: Accsys Technologies, Boral, Cali Bamboo, Dasso, East Teak Fine Hardwoods, Eva-Last, Kayu, MOSO, Roseburg, Millboard, Outdoor Structures Australia, TAMKO, UPM, Vetedy, Westwood, and Western Forest Products.

 The market is divided into the following segments based on geography: America, APAC and EMEA

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Increased use of decking will be a key trend for market growth. Earlier in the 1980s and 1990s, decking was considered as an outdoor structure kept for pleasant looks and added to the aesthetics of the house. Since 2009, the concept of decking has changed altogether. It is considered more of an outdoor living space where people have their kitchen, fireplaces, and other things for entertainment and amusement. The underlying concept for the use of decks has changed. This has driven the demand for decking significantly. However, it has also encouraged homeowners to think from the perspective of which a deck has to develop and thus the kind of decking material to be used.

According to the report, increase in consumer spending will be a key driver for market growth. Increased consumer spending power also drives the timber decking market. This is mainly because timber decking projects are capital-intensive. The impact of the consumer spending power can be seen by the trend shown by the global imports of wood by different nations. The imports increase or decrease depending on the demand and availability of the product.

Further, the report states that seasonality and government regulations will be a challenge for the market. The global timber deck market is affected by different external conditions such as holidays, and adverse weather conditions. Most of the vendors experience on a historical basis, lower demand for instance in fourth quarter. One of the main reason is the customer reduce the renovations for home improvement and new construction projects during this period because of severe weather conditions. Apart from seasonality, the timber decking market is subject to different regulations than federal, local and state.

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