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Middle East and Africa Wooden Decking Market 2022-2028

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    Report

  • 102 Pages
  • January 2023
  • Region: Africa, Middle East
  • Triton Market Research
  • ID: 5710144

Efforts to bolster residential as well as commercial construction are expected to influence the demand for wooden decking in the Middle East and Africa

MARKET OUTLOOK

The publisher's study on the wooden decking market in the Middle East and Africa indicates that it is likely to progress with a CAGR of 4.95% in the forecasting years from 2022 to 2028. Turkey, the United Arab Emirates, South Africa, Saudi Arabia, and Rest of Middle East & Africa are analyzed in the market in this region.

Egypt is focusing on constructing a new capital that will serve as its new administrative center and provide housing to more than 6.5 million people. Additionally, in January 2020, Egypt officially began the construction of the largest integrated private medical city in the Middle East, by investing $1 billion in the project.

On the other hand, in March 2020, the World Bank granted additional funds amounting to $500 million to enhance the affordability of formal housing for people in the low-income group. Boosting the Social Housing and Mortgage Finance Fund of the country to formulate policies and manage social housing initiatives is another key objective. Such measures are expected to contribute to the demand for wooden decks, and thus drive the market growth in Rest of Middle East & Africa.

The construction industry of Turkey contributes 5.4% to the overall GDP, and is vital to its economy. The Urban Transformation Action Plan, which was initiated in 2019, is a driving force of this industry. It intends to demolish dilapidated old structures and replace them with sustainable living spaces, and also revitalize downtown districts and historical places. Such initiatives are expected to drive the demand for wooden decking in the country, and, in turn, foster market growth.

COMPETITIVE OUTLOOK

The leading players in the wooden decking market include Deck Solutions LLC, DuraLife Decking & Railing Systems, Tecnodeck (Mittera Group), Kebony, Trex Company Inc, Weyerhaeuser Company, NeoTimber, Humboldt Sawmill Company LLC, Azek Company Inc, and West Fraser Timber Co Ltd.

Table of Contents

1. Middle East and Africa Wooden Decking Market - Summary
2. Industry Outlook
2.1. Impact of Covid-19 on the Wooden Decking Market
2.2. Key Insight
2.2.1. Widespread Use of Acetylated Wood in Wooden Decking
2.3. Porter’S Five Forces Analysis
2.3.1. Threat of New Entrants
2.3.2. Threat of Substitutes
2.3.3. Bargaining Power of Buyers
2.3.4. Bargaining Power of Suppliers
2.3.5. Threat of Competitive Rivalry
2.4. Market Attractiveness Index
2.5. Vendor Scorecard
2.6. Value Chain Analysis
2.7. Key Market Strategies
2.7.1. Acquisitions
2.7.2. Contracts & Partnerships
2.7.3. Expansions
2.8. Market Drivers
2.8.1. Intensification of Remodeling Activities
2.8.2. Elevated Demand for Housing and Infrastructure in Advanced Economies
2.8.3. Increase in Affordable Housing Projects
2.9. Market Challenge
2.9.1. Growing Usage of Alternative Wood Decking Materials
2.10. Market Opportunity
2.10.1. Rising Demand for Wooden Decks Due to An Increase in Green Building Construction
3. Middle East and Africa Wooden Decking Market Outlook - by Product Type
3.1. Pressure-Treated Wood
3.2. Redwood
3.3. Tropical Hardwood
3.4. Cedar
3.5. Wood-Plastic Composites (Wpc)
3.6. Other Product Types
4. Middle East and Africa Wooden Decking Market Outlook - by Application
4.1. Railing
4.2. Floor
4.3. Wall
4.4. Other Applications
5. Middle East and Africa Wooden Decking Market Outlook - by End-User
5.1. Residential
5.2. Non-Residential
6. Middle East and Africa Wooden Decking Market - Country Outlook
6.1. United Arab Emirates
6.2. Saudi Arabia
6.3. Turkey
6.4. South Africa
6.5. Rest of Middle East & Africa
7. Competitive Landscape
7.1. Azek Company Inc
7.2. Setra Group Ab
7.3. Upm-Kymmene Oyj
7.4. Metsä Group
7.5. Vetedy Group
7.6. Ufp Industries Inc
7.7. Inovar Floor
7.8. Deck Solutions LLC
7.9. Humboldt Sawmill Company LLC
7.10. Weyerhaeuser Company
7.11. West Fraser Timber Co Ltd
7.12. Duralife Decking & Railing Systems
7.13. Thermory As
7.14. Neotimber
7.15. Fiberon
7.16. Mendocino Forest Products Company LLC
7.17. Trex Company Inc
7.18. Kebony
7.19. Tecnodeck (Mittera Group)
8. Research Methodology & Scope
8.1. Research Scope & Deliverables
8.2. Sources of Data
8.3. Research Methodology
List of Tables
Table 1: Middle East and Africa Wooden Decking Market, by Country Outlook, 2022-2028 (In $ Million)
Table 2: Vendor Scorecard
Table 3: Middle East and Africa Wooden Decking Market, by Product Type, 2022-2028 (In $ Million)
Table 4: Middle East and Africa Wooden Decking Market, by Application, 2022-2028 (In $ Million)
Table 5: Middle East and Africa Wooden Decking Market, by End-User, 2022-2028 (In $ Million)
Table 6: Middle East and Africa Wooden Decking Market, by Country Outlook, 2022-2028 (In $ Million)
List of Figures
Figure 1: Market Attractiveness Index
Figure 2: Value Chain Analysis
Figure 3: Middle East and Africa Wooden Decking Market, by Product Type, 2021 & 2028 (In %)
Figure 4: Middle East and Africa Wooden Decking Market, by Pressure-Treated Wood, 2022-2028 (In $ Million)
Figure 5: Middle East and Africa Wooden Decking Market, by Redwood, 2022-2028 (In $ Million)
Figure 6: Middle East and Africa Wooden Decking Market, by Tropical Hardwood, 2022-2028 (In $ Million)
Figure 7: Middle East and Africa Wooden Decking Market, by Cedar, 2022-2028 (In $ Million)
Figure 8: Middle East and Africa Wooden Decking Market, by Wood-Plastic Composites (Wpc), 2022-2028 (In $ Million)
Figure 9: Middle East and Africa Wooden Decking Market, by Other Product Types, 2022-2028 (In $ Million)
Figure 10: Middle East and Africa Wooden Decking Market, by Application, 2021 & 2028 (In %)
Figure 11: Middle East and Africa Wooden Decking Market, by Railing, 2022-2028 (In $ Million)
Figure 12: Middle East and Africa Wooden Decking Market, by Floor, 2022-2028 (In $ Million)
Figure 13: Middle East and Africa Wooden Decking Market, by Wall, 2022-2028 (In $ Million)
Figure 14: Middle East and Africa Wooden Decking Market, by Other Applications, 2022-2028 (In $ Million)
Figure 15: Middle East and Africa Wooden Decking Market, by End-User, 2021 & 2028 (In %)
Figure 16: Middle East and Africa Wooden Decking Market, by Residential, 2022-2028 (In $ Million)
Figure 17: Middle East and Africa Wooden Decking Market, by Non-Residential, 2022-2028 (In $ Million)
Figure 18: Middle East and Africa Wooden Decking Market, Country Outlook, 2021 & 2028 (In %)
Figure 19: United Arab Emirates Wooden Decking Market 2022-2028 (In $ Million)
Figure 20: Saudi Arabia Wooden Decking Market 2022-2028 (In $ Million)
Figure 21: Turkey Wooden Decking Market 2022-2028 (In $ Million)
Figure 22: South Africa Wooden Decking Market 2022-2028 (In $ Million)
Figure 23: Rest of Middle East & Africa Wooden Decking Market 2022-2028 (In $ Million)

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Azek Company Inc
  • Setra Group Ab
  • Upm-Kymmene Oyj
  • Metsä Group
  • Vetedy Group
  • Ufp Industries Inc
  • Inovar Floor
  • Deck Solutions LLC
  • Humboldt Sawmill Company LLC
  • Weyerhaeuser Company
  • West Fraser Timber Co Ltd
  • Duralife Decking & Railing Systems
  • Thermory As
  • Neotimber
  • Fiberon
  • Mendocino Forest Products Company LLC
  • Trex Company Inc
  • Kebony
  • Tecnodeck (Mittera Group)

Methodology

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