The Wooden Decking Market is expected to record a CAGR of over 5% over the forecast period (2021-2027).
The impact of COVID-19 on architecture and buildings is having an adverse impact on the wood deck market. In 2020, most construction and infrastructure projects were stopped for a specified period due to the COVID-19 pandemic. This drastically reduced the demand for wooden decks. You can see the impact of COVID-19 so far, but demand is back on track as some construction activities resume, which could balance the residential and non-residential wood deck markets.
A full report of Wooden Decking Market available at https://www.orionmarketreports.com/wooden-decking-market/24412/
Wooden Decking Market Segmentations
By Type:
• Pressure treated wood
• Redwood
• Cedar
• Others (tropical hardwood, tigerwood, mahogany, teak and ipe)
By Application:
• Building materials
• Rails & infrastructure
By Type of Construction:
• Repairs & remodeling
• New decks on new constructions
• New decks on existing constructions
By End-Use Sector:
• Residential
• Non-residential
Major Players
• Cox Industries Inc.
• Humboldt Redwood Company and Mendocino Redwood Company
• James Latham PLC
• Metsä Group
• Setra Group
• Universal Forest Products, Inc.
• UPM-Kymmene Corporation
• Vetedy Group
• West Fraser Timber Co. Ltd.
• Weyerhaeuser Company
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
