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Latin America Wooden Decking Market 2022-2028

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    Report

  • 105 Pages
  • January 2023
  • Region: Latin America
  • Triton Market Research
  • ID: 5710146

Favorable government initiatives and rising expenditure on infrastructure development are likely to aid the wooden decking market’s growth in Latin America

MARKET OUTLOOK

The Latin America wooden decking market is predicted to exhibit growth, with a CAGR of 4.43% over the forecast years from 2022 to 2028, states a report by the publisher. Mexico, Brazil, and Rest of Latin America are considered in the market in this region.

With new projects in the pipeline, the construction sector in Brazil is likely to witness tremendous growth. Also, by 2024, the government intends to serve 1.6 million low-income families via the Casa Verde e Amarela housing program. These developments are expected to enhance the demand for wood decking, and, in turn, foster the market growth in the years to come.

Mexico's housing industry is supported by government entities, such as CONAVI (National Housing Commission), FOVISSSTE, CFE, and INFONAVIT. In the short- and medium-term, new government programs such as the Programa Nacional de Infraestructura (PNI) are anticipated to encourage the construction of new dwelling units in the country's major cities.

Additionally, in the residential sector, CONAVI has established the National Appropriate Mitigation Action (NAMA) plan to design energy-efficient homes. These housing developments are not just energy-efficient, but also cost-effective, and are built considering the country's low-income group. Hence, the growth of the construction industry and the rising number of housing units are expected to boost the wooden decking market in Mexico.

COMPETITIVE OUTLOOK

Top contenders in the wooden decking market include Fiberon, Deck Solutions LLC, Humboldt Sawmill Company LLC, UFP Industries Inc, NeoTimber, Tecnodeck (Mittera Group), Weyerhaeuser Company, Setra Group AB, DuraLife Decking & Railing Systems, and Metsä Group.

Table of Contents

1. Latin 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. Latin 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. Latin America Wooden Decking Market Outlook - by Application
4.1. Railing
4.2. Floor
4.3. Wall
4.4. Other Applications
5. Latin America Wooden Decking Market Outlook - by End-User
5.1. Residential
5.2. Non-Residential
6. Latin America Wooden Decking Market - Country Outlook
6.1. Brazil
6.2. Mexico
6.3. Rest of Latin America
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: Latin America Wooden Decking Market, by Country Outlook, 2022-2028 (In $ Million)
Table 2: Vendor Scorecard
Table 3: Latin America Wooden Decking Market, by Product Type, 2022-2028 (In $ Million)
Table 4: Latin America Wooden Decking Market, by Application, 2022-2028 (In $ Million)
Table 5: Latin America Wooden Decking Market, by End-User, 2022-2028 (In $ Million)
Table 6: Latin 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: Latin America Wooden Decking Market, by Product Type, 2021 & 2028 (In %)
Figure 4: Latin America Wooden Decking Market, by Pressure-Treated Wood, 2022-2028 (In $ Million)
Figure 5: Latin America Wooden Decking Market, by Redwood, 2022-2028 (In $ Million)
Figure 6: Latin America Wooden Decking Market, by Tropical Hardwood, 2022-2028 (In $ Million)
Figure 7: Latin America Wooden Decking Market, by Cedar, 2022-2028 (In $ Million)
Figure 8: Latin America Wooden Decking Market, by Wood-Plastic Composites (Wpc), 2022-2028 (In $ Million)
Figure 9: Latin America Wooden Decking Market, by Other Product Types, 2022-2028 (In $ Million)
Figure 10: Latin America Wooden Decking Market, by Application, 2021 & 2028 (In %)
Figure 11: Latin America Wooden Decking Market, by Railing, 2022-2028 (In $ Million)
Figure 12: Latin America Wooden Decking Market, by Floor, 2022-2028 (In $ Million)
Figure 13: Latin America Wooden Decking Market, by Wall, 2022-2028 (In $ Million)
Figure 14: Latin America Wooden Decking Market, by Other Applications, 2022-2028 (In $ Million)
Figure 15: Latin America Wooden Decking Market, by End-User, 2021 & 2028 (In %)
Figure 16: Latin America Wooden Decking Market, by Residential, 2022-2028 (In $ Million)
Figure 17: Latin America Wooden Decking Market, by Non-Residential, 2022-2028 (In $ Million)
Figure 18: Latin America Wooden Decking Market, Country Outlook, 2021 & 2028 (In %)
Figure 19: Brazil Wooden Decking Market 2022-2028 (In $ Million)
Figure 20: Mexico Wooden Decking Market 2022-2028 (In $ Million)
Figure 21: Rest of Latin America 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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