Wooden Decking Market size is estimated to grow at over 5% CAGR of during 2023 and 2032. The growing trend of outdoor living spaces and the desire to create comfortable environments for relaxation & entertainment are the boosting the product demand. Wooden decking provides an attractive and versatile solution, enhancing the aesthetic appeal of outdoor areas while offering a durable and functional surface for various activities.
Moreover, the environmental consciousness with increased awareness about sustainable materials and eco-friendly choices is encouraging consumers to opt for timber decking as a renewable and biodegradable option. Notably, Trex Company Inc. launched Trex Signature® decking in February 2023, a premium product with realistic woodgrain offering beauty, sustainability, and performance. The combination of aesthetic appeal, versatility, and eco-friendly characteristics is shaping the growth graph of wooden decking industry.
To understand key trends
Download Free Sample
The focus among the wooden decking manufacturers to introduce different wood variants, finishes, and designs for catering to various consumer preferences and budgets is fueling the industry growth. However, increasing availability of alternative decking materials such as composite decking, which offer low maintenance, longer lifespan, and resistance to environmental factors is posing as challenge for the market. Additionally, concerns related to deforestation and the need for sustainable sourcing practices may lead to stricter regulations, restraining the market expansion.
|2023 to 2032
|Forecast Period 2023 to 2032 CAGR:
|Historical Data for:
|2018 to 2022
|No. of Pages:
|Tables, Charts & Figures:
|Type, Application, End-user
|Pitfalls & Challenges:
To understand market opportunities
Download Free Sample
The COVID-19 pandemic led to a slowdown in demand for decking materials. Many construction projects were delayed or put on hold, resulting in decreased sales and revenue for decking manufacturers. Supply chain disruptions, including transportation and logistics challenges, also affected the availability of raw materials and led to increased prices. Furthermore, the industry has adapted to the changing landscape by implementing safety measures, adopting digital platforms for sales and consultations, and emphasizing the benefits of outdoor living, leading to a gradual recovery from the initial impact of the pandemic.
The growing preference for low-maintenance decking materials will shape the industry trends. Consumers are seeking options that require minimal upkeep, such as composite decking or wood with advanced coatings and treatments. The introduction of innovative designs and customization options, with manufacturers offering a wide range of colors, textures, and patterns to suit individual style preferences will also foster the demand for wooden decking. With the integration of technology in decking solutions, such as smart decking systems with built-in lighting and wireless controls, consumer can enhance the overall outdoor experience.
The pressure-treated wood segment of wooden decking market is slated to record around 2.8% CAGR through 2032, owing to product’s durability, cost-effectiveness, and widespread availability. In addition, in recent years, there has been a shift towards alternative decking materials, propelled by concerns over the chemicals used in the pressure-treatment process and the environmental impact. While pressure-treated wood continues to account for a significant portion of the market, manufacturers are responding to the consumer concerns by developing more eco-friendly treatment methods and exploring alternative decking options that provide similar durability and aesthetics without the use of chemicals.
The residential segment will hold more than 70% share in wooden decking market by 2032. With the growing popularity of outdoor entertainment and relaxation areas, residential customers are increasingly investing in wooden decking to create functional and visually appealing outdoor environments. Whether it's for a backyard patio, a poolside deck, or a rooftop terrace, consumers value the natural beauty, versatility, and warmth that wooden decking provides. The option of choosing from a wide range of decking options, finishes, and designs to suit different architectural styles will favor the segmental growth.
Asia Pacific wooden decking market size is projected to grow at a rapid pace over 2023-2032. The large population, rapid urbanization, and increasing disposable income have fueled the demand for outdoor living spaces, driving the adoption of wooden decking. According to a report by the World Bank, East Asia & Pacific has an average annual rate of urbanization of 30%, making it the most rapidly urbanizing region. Additionally, there is cultural significance of outdoor areas in many Asian countries. Growing awareness about sustainable practices and the availability of cost-effective wood variants, in consort with presence of service provider offering a wide range of decking solutions tailored consumer needs is positively swaying the industry dynamics in Asia Pacific.
Major players operating in the wooden decking market are:
Click here to Buy Section of this Report
Market, By Type
Market, By Application
Market, By End-user
Market, By Region