Stratview Research announces the launch of a new research report on the Wooden Decking Market is Segmented by Wood Type (Pressure-Treated Wood, Cedar Wood, Redwood, and Others), by Application Type (Building Material and Rails & Infrastructure), by Construction Type (Repairs & Remodeling and New Constructions), by End-User Type (Residential and Non-Residential), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).
The report calculates the short- and long-term ramifications of the COVID-19 pandemic on Wooden Decking Market consumption at the global, regional, and nation scales. The report also compares pre-COVID and post-COVID scenarios to evaluate the potential loss to the industry. The vital data provided in the report can play a crucial role for market participants as well as investors in formulating short-term as well as long-term growth strategies.
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The report delivers a detailed view of the industry based on Wooden Decking Market size, market growth, and opportunities. The report also analyses market key aspects such as-
- Market structure: Overview, industry life cycle analysis, supply chain analysis
- Covid-19 Impact analysis.
- Market environment analysis: Growth drivers and constraints, and SWOT analysis.
- Market trend and forecast analysis
- Market segment trend and forecast
- Competitive landscape and dynamics: Market share, product launches, etc.
- Attractive market segments and associated growth opportunities
- Emerging trends
- Strategic growth opportunities for the existing and new players
Highlights from the Report
Wooden Decking market is likely to witness a modest CAGR of 2.8% during the forecast period. Organic growth of the construction industry coupled with rising per capita income, and increasing investment by individuals to provide more aesthetic looks to their residential households as well as workplaces are the major factors for the healthy growth of the market for wooden decking.
In terms of regions, North America is estimated to be the largest market, whereas Asia-Pacific is projected to be the highest-growing region in the market, fueled by its higher demand in emerging economies of the region such as China, India, and Japan. Highly growing construction industry along with rapid urbanization and rising disposable income in the emerging economies such as China, Japan, and India, are the major growth factors of the Asia-Pacific’s wooden decking market during the forecast period.
According to the report, the key players of the market are –
- UPM-Kymmene Oyj
- Weyerhaeuser Company
- West Fraser Timber Co. Ltd.
- UFP Industries, Inc.
- Metsä Group
- Setra Group AB
- James Latham plc
- Cox Industries, Inc.
- Humboldt Redwood Company and Mendocino Redwood Company
- Vetedy Group.
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