US Decking Market Size and Forecast (2020 - 2030), Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Material [Wood (Pressure Treated Lumber, Cedar, Hardwood, and Others), Composite, Plastic (Polyethylene, Polypropylene, Polyvinyl Chloride, and Others), and Others], Application (Railing, Floor, Wall, and Others), and End Use (Residential, Commercial, and Industrial)
Decking materials are commonly utilized in residential, commercial and industrial sectors. In the residential sector, decking materials are commonly used to create outdoor living spaces such as decks, patios, porches, and balconies, extending the usable area of homes and providing spaces for relaxation, entertainment, and outdoor dining. Homeowners often invest in decking materials that enhance the aesthetics of their outdoor spaces while offering durability, low maintenance requirements, and resistance to environmental elements. Additionally, decking materials play a crucial role in enhancing curb appeal and property value, making them a popular choice for residential construction and renovation projects. Commercially, decking materials are utilized in various applications across industries such as hospitality, tourism, retail, and recreation.
Based on material, the US decking market is segmented into wood, composite, plastic, and others. In 2022, wood segment held a significant market share and composite segment is expected to be the fastest-growing segment during the forecast period. Wood decking is a popular choice for residential and commercial outdoor spaces. It is available in various styles and types, such as pressure-treated lumber, hardwood, softwood, and modified wood. Innovation in the chemical treatment of wood decking helps in overcoming drawbacks such as moisture or insect resistance related to the application of traditional wood. Pressure-treated lumber is commonly produced using pine or other wood species. It is obtained through a chemical and pressure treatment of wood, aiding in the prolonged service life of wood.
Composite decking is a popular alternative to conventional wood decking materials, offering a range of benefits and features that appeal to contractors and designers. A composite decking made from wood fibers and recycled plastics offers a natural wood appearance with durability and low-maintenance characteristics of synthetic materials. Longevity, low maintenance requirements, and overall performance of composite decking are some factors that make it a good investment option for contractors. Decking made from composite only requires occasional cleaning, unlike wood decking that requires staining, sealing, and sanding at regular intervals in order to maintain its appearance. Advancements in composite decking technology have led to the development of products with enhanced aesthetics and performance.
The emphasis on sustainability has led to the development of eco-friendly decking materials made from recycled plastics, reclaimed wood fibers, and other renewable resources. These materials not only reduce the environmental impact of decking projects but also appeal to environmentally conscious consumers seeking to minimize their carbon footprint. This shift in consumer preferences has propelled the adoption of decking materials made from recycled plastics, reclaimed wood fibers, and other renewable resources that minimize environmental impact.
Sustainable decking options offer several advantages beyond environmental benefits, including durability, low maintenance requirements, and long-term cost savings. These materials are resistant to rot, decay, and insect damage, providing homeowners with outdoor living spaces that maintain their aesthetics and structural integrity over time with minimal upkeep. Additionally, sustainable decking options often come in a variety of colors, textures, and finishes, allowing homeowners to customize their outdoor spaces according to their design preferences while reducing their carbon footprint.
Moreover, the demand for sustainable decking options aligns with broader societal trends emphasizing sustainability, responsible consumption, and green living. As consumers become increasingly conscious of the environmental impact of their purchasing decisions, they are seeking out products and materials that align with their values and contribute to a more sustainable future. This trend is expected to drive continued growth and innovation within the US decking market, with manufacturers investing in research and development to expand their offerings of eco-friendly materials and meet the evolving needs of environmentally conscious consumers.
Trex Co Inc, The Azek Co Inc, Nova USA Wood Products LLC, General Woodcraft Inc, Advantage Lumber LLC, Ipe Woods USA LLC, Iron Woods, Fortune Brands Innovations Inc, NewTechwood America Inc, and Barrette Outdoor Living Inc, are among the leading players in the US decking market. These companies are adopting mergers & acquisitions and product launches to expand their geographic presence and consumer bases.
The overall US decking market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain more analytical insights. Participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers-along with external consultants, including valuation experts, research analysts, and key opinion leaders-specializing in the US decking market.
1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights: The US Decking Market
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
3.4 Limitations and Assumptions
4. The US Decking Market Landscape
4.1 Market Overview
4.2 Porter's Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Intensity of Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
4.3.1 Raw Material Suppliers
4.3.2 Decking Manufacturers
4.3.3 Distributors/Suppliers
4.3.4 End Use
4.3.5 List of Vendors in Value Chain
5. The US Decking Market - Key Market Dynamics
5.1 Decking Market - Key Market Dynamics
5.2 Market Drivers
5.2.1 Expansion in Housing Market
5.2.2 Rising Demand for Low Maintenance Decking
5.3 Market Restraints
5.3.1 Fluctuations in Raw Material Prices
5.4 Market Opportunities
5.4.1 Production of Innovative Decking Materials
5.5 Future Trends
5.5.1 Growing Demand for Sustainable Decking Options
5.6 Impact Analysis
6. Decking Market - US Market Analysis
6.1 The US Decking - US Market Overview
6.2 The US Decking Market Volume (Million Sq. Ft), 2020 - 2030
6.3 The US Decking Market Revenue (US$ Million), 2020 - 2030
6.4 The US Decking Market Forecast and Analysis
7. The US Decking Market Analysis - Material
7.1 Material Market Forecasts and Analysis
7.2 Wood
7.2.1 Overview
7.2.2 Wood Market Volume and Forecast to 2030 (Million Sq. Ft.)
7.2.3 Wood Market Revenue and Forecast to 2030 (US$ Million)
7.2.4 Pressure Treated Lumber
7.2.4.1 Overview
7.2.4.2 Pressure Treated Lumber Market Volume and Forecast to 2030 (Million Sq. Ft.)
7.2.4.3 Pressure Treated Lumber Market Revenue and Forecast to 2030 (US$ Million)
7.2.5 Cedar
7.2.5.1 Overview
7.2.5.2 Cedar Market Volume and Forecast to 2030 (Million Sq. Ft.)
7.2.5.3 Cedar Market Revenue and Forecast to 2030 (US$ Million)
7.2.6 Hardwood
7.2.6.1 Overview
7.2.6.2 Hardwood Market Volume and Forecast to 2030 (Million Sq. Ft.)
7.2.6.3 Hardwood Market Revenue and Forecast to 2030 (US$ Million)
7.2.7 Others
7.2.7.1 Overview
7.2.7.2 Others Market Volume and Forecast to 2030 (Million Sq. Ft.)
7.2.7.3 Others Market Revenue and Forecast to 2030 (US$ Million)
7.3 Composite
7.3.1 Overview
7.3.2 Composite Market Volume and Forecast to 2030 (Million Sq. Ft.)
7.3.3 Composite Market Revenue and Forecast to 2030 (US$ Million)
7.4 Plastic
7.4.1 Overview
7.4.2 Plastic Market Volume and Forecast to 2030 (Million Sq. Ft.)
7.4.3 Plastic Market Revenue and Forecast to 2030 (US$ Million)
7.4.4 Polyethylene
7.4.4.1 Overview
7.4.4.2 Polyethylene Market Volume and Forecast to 2030 (Million Sq. Ft.)
7.4.4.3 Polyethylene Market Revenue and Forecast to 2030 (US$ Million)
7.4.5 Polypropylene
7.4.5.1 Overview
7.4.5.2 Polypropylene Market Volume and Forecast to 2030 (Million Sq. Ft.)
7.4.5.3 Polypropylene Market Revenue and Forecast to 2030 (US$ Million)
7.4.6 Polyvinyl Chloride
7.4.6.1 Overview
7.4.6.2 Polyvinyl Chloride Market Volume and Forecast to 2030 (Million Sq. Ft.)
7.4.6.3 Polyvinyl Chloride Market Revenue and Forecast to 2030 (US$ Million)
7.4.7 Others
7.4.7.1 Overview
7.4.7.2 Others Market Volume and Forecast to 2030 (Million Sq. Ft.)
7.4.7.3 Others Market Revenue and Forecast to 2030 (US$ Million)
7.5 Others
7.5.1 Overview
7.5.2 Others Market Volume and Forecast to 2030 (Million Sq. Ft.)
7.5.3 Others Market Revenue and Forecast to 2030 (US$ Million)
8. The US Decking Market Analysis - Application
8.1 Application Market Forecasts and Analysis
8.2 Railing
8.2.1 Overview
8.2.2 Railing Market Revenue and Forecast to 2030 (US$ Million)
8.3 Floor
8.3.1 Overview
8.3.2 Floor Market Revenue and Forecast to 2030 (US$ Million)
8.4 Wall
8.4.1 Overview
8.4.2 Wall Market Revenue and Forecast to 2030 (US$ Million)
8.5 Others
8.5.1 Overview
8.5.2 Others Market Revenue and Forecast to 2030 (US$ Million)
9. The US Decking Market Analysis - End-Use
9.1 End-Use Market Forecasts and Analysis
9.2 Residential
9.2.1 Overview
9.2.2 Residential Market Revenue and Forecast to 2030 (US$ Million)
9.3 Commercial
9.3.1 Overview
9.3.2 Commercial Market Revenue and Forecast to 2030 (US$ Million)
9.4 Industrial
9.4.1 Overview
9.4.2 Industrial Market Revenue and Forecast to 2030 (US$ Million)
10. Industry Landscape
10.1 Overview
10.2 New Product Development
10.3 Merger & Acquisition
11. Competitive Landscape
11.1 Heat Map Analysis By Key Players
11.2 Company Positioning & Concentration
12. Decking Market - Key Company Profiles
12.1 The Azek Co Inc
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Barrette Outdoor Living Inc
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 NewTechWood America Inc
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Fortune Brands Innovations Inc
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Iron Woods
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Trex Co Inc
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Ipe Woods USA LLC
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Advantage Lumber LLC
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Nova USA Wood Products LLC
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 General Woodcraft Inc
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About Us
13.2 Glossary of Terms
List of TablesTable 1. The US Decking Market Segmentation
Table 2. The US Decking Market Volume and Forecasts To 2030 (Million Sq. Ft.)
Table 3. The US Decking Market Revenue and Forecasts To 2030 (US$ Million)
Table 4. Glossary of Terms, US decking market
List of Figures
Figure 1. Monthly New Residential Construction from Nov-2022 to Nov-2023, the US
Figure 2. Porter's Five Forces Analysis
Figure 3. Ecosystem: The US Decking Market
Figure 4. The US Construction Spending (2017-2023)
Figure 5. Lumber Prices in US (2020 - 2023)
Figure 6. The US Decking Market Impact Analysis of Drivers and Restraints
Figure 7. The US Decking Market Volume (Million Sq. Ft), 2020 - 2030
Figure 8. The US Decking Market Revenue (US$ Million), 2020 - 2030
Figure 9. Decking Market Share (%) - Material, 2022 and 2030
Figure 10. Wood Market Volume and Forecasts To 2030 (Million Sq. Ft.)
Figure 11. Wood Market Revenue and Forecasts To 2030 (US$ Million)
Figure 12. Pressure Treated Lumber Market Volume and Forecasts To 2030 (Million Sq. Ft.)
Figure 13. Pressure Treated Lumber Market Revenue and Forecasts To 2030 (US$ Million)
Figure 14. Cedar Market Volume and Forecasts To 2030 (Million Sq. Ft.)
Figure 15. Cedar Market Revenue and Forecasts To 2030 (US$ Million)
Figure 16. Hardwood Market Volume and Forecasts To 2030 (Million Sq. Ft.)
Figure 17. Hardwood Market Revenue and Forecasts To 2030 (US$ Million)
Figure 18. Others Market Volume and Forecasts To 2030 (Million Sq. Ft.)
Figure 19. Others Market Revenue and Forecasts To 2030 (US$ Million)
Figure 20. Composite Market Volume and Forecasts To 2030 (Million Sq. Ft.)
Figure 21. Composite Market Revenue and Forecasts To 2030 (US$ Million)
Figure 22. Plastic Market Volume and Forecasts To 2030 (Million Sq. Ft.)
Figure 23. Plastic Market Revenue and Forecasts To 2030 (US$ Million)
Figure 24. Polyethylene Market Volume and Forecasts To 2030 (Million Sq. Ft.)
Figure 25. Polyethylene Market Revenue and Forecasts To 2030 (US$ Million)
Figure 26. Polypropylene Market Volume and Forecasts To 2030 (Million Sq. Ft.)
Figure 27. Polypropylene Market Revenue and Forecasts To 2030 (US$ Million)
Figure 28. Polyvinyl Chloride Market Volume and Forecasts To 2030 (Million Sq. Ft.)
Figure 29. Polyvinyl Chloride Market Revenue and Forecasts To 2030 (US$ Million)
Figure 30. Others Market Volume and Forecasts To 2030 (Million Sq. Ft.)
Figure 31. Others Market Revenue and Forecasts To 2030 (US$ Million)
Figure 32. Others Market Volume and Forecasts To 2030 (Million Sq. Ft.)
Figure 33. Others Market Revenue and Forecasts To 2030 (US$ Million)
Figure 34. Decking Market Share (%) - Application, 2022 and 2030
Figure 35. Railing Market Revenue and Forecasts To 2030 (US$ Million)
Figure 36. Floor Market Revenue and Forecasts To 2030 (US$ Million)
Figure 37. Wall Market Revenue and Forecasts To 2030 (US$ Million)
Figure 38. Others Market Revenue and Forecasts To 2030 (US$ Million)
Figure 39. Decking Market Share (%) - End-Use, 2022 and 2030
Figure 40. Residential Market Revenue and Forecasts To 2030 (US$ Million)
Figure 41. Commercial Market Revenue and Forecasts To 2030 (US$ Million)
Figure 42. Industrial Market Revenue and Forecasts To 2030 (US$ Million)
Figure 43. Company Positioning & Concentration
Figure 44. Heat Map Analysis by Key Players