North America Wooden Decking Market 2022-2028

Growing investments by private entities for developing the construction sector are expected to aid the development of the wooden decking market in North America

MARKET OUTLOOK

According to the publisher, the wooden decking market in North America is anticipated to grow with a CAGR of 4.79% in the estimated duration from 2022 to 2028. The United States and Canada are studied the market in this region.

Several ongoing projects for infrastructural development, including projects in the residential, commercial, and industrial sectors, are expected to boost the construction sector's growth in the United States. For instance, in July 2021, Houston-based real estate firm, Midway, planned to invest $2.5 billion for the development of the East River Mixed-Use project. The project entails the construction of a mixed-use complex on 61 acres of property in Houston, Texas, with the aim of improving the country's residential and commercial amenities. The growth of the construction sector, due to the increase in such projects, is expected to drive the wooden decking market in the country.

Canada witnessed the sale of more than 580,000 residences in the first 10 months of 2021, exceeding the sale record of 552,423 dwellings during the same period in 2020. In addition, 74,812 projects were approved under the Investing in Canada Plan in November 2021, totaling over $78 billion in federal funding, as per industry statistics. Furthermore, there is increased investment in major building projects across the country. For example, several infrastructure projects have received funding from the national and provincial governments, under the Investing in Canada Infrastructure Program. This is expected to aid the demand for wooden decking in the country, and thus foster market growth.

COMPETITIVE OUTLOOK

Vetedy Group, UFP Industries Inc, Azek Company Inc, Setra Group AB, Tecnodeck (Mittera Group), West Fraser Timber Co Ltd, DuraLife Decking & Railing Systems, Thermory AS, Metsä Group, and Humboldt Sawmill Company LLC are some of the eminent companies in the wooden decking market.

1. North America 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. North America 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. North America Wooden Decking Market Outlook - by Application

4.1. Railing
4.2. Floor
4.3. Wall
4.4. Other Applications

5. North America Wooden Decking Market Outlook - by End-User

5.1. Residential
5.2. Non-Residential

6. North America Wooden Decking Market - Country Outlook

6.1. United States
6.2. Canada

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: North America Wooden Decking Market, by Country Outlook, 2022-2028 (In $ Million)
Table 2: Vendor Scorecard
Table 3: North America Wooden Decking Market, by Product Type, 2022-2028 (In $ Million)
Table 4: North America Wooden Decking Market, by Application, 2022-2028 (In $ Million)
Table 5: North America Wooden Decking Market, by End-User, 2022-2028 (In $ Million)
Table 6: North America 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: North America Wooden Decking Market, by Product Type, 2021 & 2028 (In %)
Figure 4: North America Wooden Decking Market, by Pressure-Treated Wood, 2022-2028 (In $ Million)
Figure 5: North America Wooden Decking Market, by Redwood, 2022-2028 (In $ Million)
Figure 6: North America Wooden Decking Market, by Tropical Hardwood, 2022-2028 (In $ Million)
Figure 7: North America Wooden Decking Market, by Cedar, 2022-2028 (In $ Million)
Figure 8: North America Wooden Decking Market, by Wood-Plastic Composites (Wpc), 2022-2028 (In $ Million)
Figure 9: North America Wooden Decking Market, by Other Product Types, 2022-2028 (In $ Million)
Figure 10: North America Wooden Decking Market, by Application, 2021 & 2028 (In %)
Figure 11: North America Wooden Decking Market, by Railing, 2022-2028 (In $ Million)
Figure 12: North America Wooden Decking Market, by Floor, 2022-2028 (In $ Million)
Figure 13: North America Wooden Decking Market, by Wall, 2022-2028 (In $ Million)
Figure 14: North America Wooden Decking Market, by Other Applications, 2022-2028 (In $ Million)
Figure 15: North America Wooden Decking Market, by End-User, 2021 & 2028 (In %)
Figure 16: North America Wooden Decking Market, by Residential, 2022-2028 (In $ Million)
Figure 17: North America Wooden Decking Market, by Non-Residential, 2022-2028 (In $ Million)
Figure 18: North America Wooden Decking Market, Country Outlook, 2021 & 2028 (In %)
Figure 19: United States Wooden Decking Market 2022-2028 (In $ Million)
Figure 20: Canada Wooden Decking Market 2022-2028 (In $ Million)