The global Decks Market Study analyzes and forecasts the market size across 6 regions and 24 countries for diverse segments -By Material (Wood, Metal, Plastics & Composites, Others), By Application (Railing, Walls, Floors, Others), By End-User (Residential, Non-Residential), By Fastening Method (Deck Board Face Fastening, Deck Board Hidden Fastening, Deck Board Edge Fastening).
The future of the decks market is shaped by trends such as urbanization, outdoor living preferences, and advancements in decking materials and technologies. Decks are outdoor platforms typically attached to a building, often used for relaxation, entertainment, and dining. Key trends shaping this market include the development of innovative decking materials such as composite wood, PVC, and aluminum, which offer durability, low maintenance, and aesthetic versatility, the integration of smart features such as LED lighting, wireless speakers, and remote-controlled awnings for enhanced functionality and ambiance, and the adoption of sustainable practices such as recycled materials and eco-friendly coatings to minimize environmental impact. As homeowners increasingly invest in outdoor living spaces to extend their living areas and enhance property value, the demand for decks that offer durability, aesthetics, and functionality suited to modern lifestyles is expected to drive market growth and stimulate further innovation in decking materials and design.
The market report analyses the leading companies in the industry including Alfresco Floors., Cordeck Building Solutions., CSM Products & Solutions LLC, Deck West., Deckorators Inc, Fiberon., Humboldt Redwood Company., Inovar Floor Industries Sdn Bhd., Koppers Inc, Metsä Wood., MoistureShield, Nexan Building Products Inc, Owens Corning, The AZEK Company Inc, Thermory., Trex Company Inc, Verco Decking Inc, Vetedy.
One prominent market trend in the decks industry is the growing demand for outdoor living spaces. Decks have become increasingly popular as homeowners seek to extend their living areas outdoors and create functional and aesthetically pleasing spaces for relaxation, entertaining, and recreation. With a greater emphasis on outdoor living and wellness, there is a rising demand for decks that provide a seamless transition between indoor and outdoor environments, incorporating features such as outdoor kitchens, fire pits, seating areas, and landscaping elements. The trend is driving the demand for high-quality decking materials and innovative design solutions that enhance the functionality, durability, and visual appeal of outdoor decks, catering to the evolving needs and lifestyles of homeowners.
A key driver in the decks market is the growth in home renovation and improvement projects. With the increasing age of housing stock and changing consumer preferences, there is a growing demand for renovation and remodeling projects aimed at upgrading and enhancing existing homes. Decks are a popular addition to home improvement projects, offering homeowners an opportunity to increase the value and curb appeal of their properties while expanding their outdoor living space. Additionally, factors such as low mortgage rates, rising home equity, and government incentives for home renovations contribute to the growth of the home improvement market, driving demand for decking materials and construction services.
One potential opportunity in the decks market lies in the expansion into sustainable and low-maintenance decking materials. As consumers become more environmentally conscious and seek durable, low-maintenance alternatives to traditional wood decking, there is a growing demand for eco-friendly and innovative decking materials such as composite decking, PVC decking, and aluminum decking. These materials offer benefits such as resistance to rot, decay, and insect damage, as well as minimal maintenance requirements and long-term durability. By investing in the development and promotion of sustainable and low-maintenance decking solutions, manufacturers and suppliers can capitalize on the growing demand for environmentally friendly and easy-to-maintain decking options, positioning themselves as leaders in the evolving decks market.
The Market Ecosystem for the Decks Market starts with Raw Material Acquisition, where Lumber Producers including Weyerhaeuser Company and Georgia-Pacific LLC supply timber for deck construction. Plastic Resin Suppliers including Dow Chemical Company and Metal Manufacturers including Alcoa Corporation are involved in composite and metal decks, respectively. Material Processing involves Treated Lumber Processors treating lumber for durability or Composite Deck Manufacturers including Trex Company, Inc. producing composite materials. Component Manufacturing, also optional, includes Fastener Manufacturers including Hilti Corporation, and Railing and Baluster Manufacturers including CertainTeed Corporation.
Distribution and Sales are facilitated by Building Material Distributors including Builders FirstSource, Inc., Home Improvement Retailers including The Home Depot, Inc., and Landscaping and Deck Builders which provide professional services. End users of decks include Homeowners seeking outdoor living spaces and Commercial Properties utilizing decks for outdoor seating or recreational purposes. The involvement of key players including Weyerhaeuser Company, Dow Chemical Company, and The Home Depot, Inc., spans various stages of the Market Ecosystem, ensuring the availability and accessibility of deck materials and components to meet diverse market demands.
In the Decks Market, the largest segment is "Wood." This dominance can be attributed to diverse key factors. Firstly, wood has been traditionally used as a decking material for centuries due to its natural beauty, versatility, and availability. Wood decks offer a timeless aesthetic appeal that complements various architectural styles and landscaping designs, making them a popular choice among homeowners and builders. Secondly, wood decks are relatively affordable compared to alternative decking materials such as metal and composites, making them accessible to a broad range of consumers. Additionally, wood decks are relatively easy to install and repair, allowing for DIY projects and customization options. In addition, wood decks can be treated or stained to enhance durability and weather resistance, prolonging their lifespan and maintaining their appearance over time. Overall, the combination of aesthetic appeal, affordability, ease of installation, and customization options positions Wood as the largest segment in the deck market.
Among the segments of the Decks Market, the "Railing" segment is the fastest-growing. This growth can be attributed to diverse key factors. Firstly, railings play a crucial role in enhancing the safety and aesthetics of decks by providing support and defining boundaries. As deck designs become more sophisticated and homeowners prioritize outdoor living spaces, there is an increasing demand for stylish and durable railing systems that complement the overall deck design. Secondly, advancements in railing materials and technologies have expanded the options available to consumers, with a wide range of materials such as wood, metal, composites, and glass being used in railing construction. Additionally, regulatory requirements for deck safety, such as building codes and standards, mandate the installation of railings in certain scenarios, further driving demand for railing systems. In addition, the growing trend of outdoor entertaining and leisure activities increases the demand for functional and attractive railing designs that enhance the usability and visual appeal of decks. Overall, the combination of safety regulations, design trends, material innovations, and lifestyle preferences positions the Railing segment as the fastest-growing in the Decks Market.
Among the segments of the Decks Market, the "Residential" segment is the fastest-growing. This growth can be attributed to diverse key factors. Firstly, there is a growing trend toward outdoor living spaces and backyard renovations among homeowners, driven by factors such as increasing disposable incomes, changing lifestyle preferences, and the desire for additional living and entertainment areas. As homeowners seek to extend their living spaces into the outdoors, decks become a popular choice for creating functional and aesthetically pleasing outdoor environments for relaxation, dining, and entertaining. Secondly, the COVID-19 pandemic has accelerated the demand for residential decks as homeowners prioritize outdoor spaces for socializing and recreation while adhering to social distancing guidelines. Additionally, rising property values and the desire to enhance curb appeal and property resale value further drive investments in residential deck construction and renovation projects. In addition, advancements in decking materials, design options, and construction techniques make it easier and more affordable for homeowners to build or upgrade their decks, contributing to the growth of the Residential segment in the Decks Market. Overall, the combination of lifestyle trends, pandemic-driven preferences, property values, and accessibility of decking solutions positions the Residential segment as the fastest-growing in the Decks Market.
By Material
Wood
Metal
Plastics & Composites
Others
By Application
Railing
Walls
Floors
Others
By End-User
Residential
Non-Residential
By Fastening Method
Deck Board Face Fastening
Deck Board Hidden Fastening
Deck Board Edge Fastening
Alfresco Floors.
Cordeck Building Solutions.
CSM Products & Solutions LLC
Deck West.
Deckorators Inc
Fiberon.
Humboldt Redwood Company.
Inovar Floor Industries Sdn Bhd.
Koppers Inc
Metsä Wood.
MoistureShield
Nexan Building Products Inc
Owens Corning
The AZEK Company Inc
Thermory.
Trex Company Inc
Verco Decking Inc
Vetedy
*- List Not Exhaustive
TABLE OF CONTENTS
1 Introduction to 2024 Decks Market
1.1 Market Overview
1.2 Quick Facts
1.3 Scope/Objective of the Study
1.4 Market Definition
1.5 Countries and Regions Covered
1.6 Units, Currency, and Conversions
1.7 Industry Value Chain
2 Research Methodology
2.1 Market Size Estimation
2.2 Sources and Research Methodology
2.3 Data Triangulation
2.4 Assumptions and Limitations
3 Executive Summary
3.1 Global Decks Market Size Outlook, $ Million, 2021 to 2030
3.2 Decks Market Outlook by Type, $ Million, 2021 to 2030
3.3 Decks Market Outlook by Product, $ Million, 2021 to 2030
3.4 Decks Market Outlook by Application, $ Million, 2021 to 2030
3.5 Decks Market Outlook by Key Countries, $ Million, 2021 to 2030
4 Market Dynamics
4.1 Key Driving Forces of Decks Industry
4.2 Key Market Trends in Decks Industry
4.3 Potential Opportunities in Decks Industry
4.4 Key Challenges in Decks Industry
5 Market Factor Analysis
5.1 Value Chain Analysis
5.2 Competitive Landscape
5.2.1 Global Decks Market Share by Company (%), 2023
5.2.2 Product Offerings by Company
5.3 Porter’s Five Forces Analysis
5.4 Pricing Analysis and Outlook
6 Growth Outlook Across Scenarios
6.1 Growth Analysis-Case Scenario Definitions
6.2 Low Growth Scenario Forecasts
6.3 Reference Growth Scenario Forecasts
6.4 High Growth Scenario Forecasts
7 Global Decks Market Outlook by Segments
7.1 Decks Market Outlook by Segments, $ Million, 2021- 2030
By Material
Wood
Metal
Plastics & Composites
Others
By Application
Railing
Walls
Floors
Others
By End-User
Residential
Non-Residential
By Fastening Method
Deck Board Face Fastening
Deck Board Hidden Fastening
Deck Board Edge Fastening
8 North America Decks Market Analysis and Outlook To 2030
8.1 Introduction to North America Decks Markets in 2024
8.2 North America Decks Market Size Outlook by Country, 2021-2030
8.2.1 United States
8.2.2 Canada
8.2.3 Mexico
8.3 North America Decks Market size Outlook by Segments, 2021-2030
By Material
Wood
Metal
Plastics & Composites
Others
By Application
Railing
Walls
Floors
Others
By End-User
Residential
Non-Residential
By Fastening Method
Deck Board Face Fastening
Deck Board Hidden Fastening
Deck Board Edge Fastening
9 Europe Decks Market Analysis and Outlook To 2030
9.1 Introduction to Europe Decks Markets in 2024
9.2 Europe Decks Market Size Outlook by Country, 2021-2030
9.2.1 Germany
9.2.2 France
9.2.3 Spain
9.2.4 United Kingdom
9.2.4 Italy
9.2.5 Russia
9.2.6 Norway
9.2.7 Rest of Europe
9.3 Europe Decks Market Size Outlook by Segments, 2021-2030
By Material
Wood
Metal
Plastics & Composites
Others
By Application
Railing
Walls
Floors
Others
By End-User
Residential
Non-Residential
By Fastening Method
Deck Board Face Fastening
Deck Board Hidden Fastening
Deck Board Edge Fastening
10 Asia Pacific Decks Market Analysis and Outlook To 2030
10.1 Introduction to Asia Pacific Decks Markets in 2024
10.2 Asia Pacific Decks Market Size Outlook by Country, 2021-2030
10.2.1 China
10.2.2 India
10.2.3 Japan
10.2.4 South Korea
10.2.5 Indonesia
10.2.6 Malaysia
10.2.7 Australia
10.2.8 Rest of Asia Pacific
10.3 Asia Pacific Decks Market size Outlook by Segments, 2021-2030
By Material
Wood
Metal
Plastics & Composites
Others
By Application
Railing
Walls
Floors
Others
By End-User
Residential
Non-Residential
By Fastening Method
Deck Board Face Fastening
Deck Board Hidden Fastening
Deck Board Edge Fastening
11 South America Decks Market Analysis and Outlook To 2030
11.1 Introduction to South America Decks Markets in 2024
11.2 South America Decks Market Size Outlook by Country, 2021-2030
11.2.1 Brazil
11.2.2 Argentina
11.2.3 Rest of South America
11.3 South America Decks Market size Outlook by Segments, 2021-2030
By Material
Wood
Metal
Plastics & Composites
Others
By Application
Railing
Walls
Floors
Others
By End-User
Residential
Non-Residential
By Fastening Method
Deck Board Face Fastening
Deck Board Hidden Fastening
Deck Board Edge Fastening
12 Middle East and Africa Decks Market Analysis and Outlook To 2030
12.1 Introduction to Middle East and Africa Decks Markets in 2024
12.2 Middle East and Africa Decks Market Size Outlook by Country, 2021-2030
12.2.1 Saudi Arabia
12.2.2 UAE
12.2.3 Oman
12.2.4 Rest of Middle East
12.2.5 Egypt
12.2.6 Nigeria
12.2.7 South Africa
12.2.8 Rest of Africa
12.3 Middle East and Africa Decks Market size Outlook by Segments, 2021-2030
By Material
Wood
Metal
Plastics & Composites
Others
By Application
Railing
Walls
Floors
Others
By End-User
Residential
Non-Residential
By Fastening Method
Deck Board Face Fastening
Deck Board Hidden Fastening
Deck Board Edge Fastening
13 Company Profiles
13.1 Company Snapshot
13.2 SWOT Profiles
13.3 Products and Services
13.4 Recent Developments
13.5 Financial Profile
Alfresco Floors.
Cordeck Building Solutions.
CSM Products & Solutions LLC
Deck West.
Deckorators Inc
Fiberon.
Humboldt Redwood Company.
Inovar Floor Industries Sdn Bhd.
Koppers Inc
Metsä Wood.
MoistureShield
Nexan Building Products Inc
Owens Corning
The AZEK Company Inc
Thermory.
Trex Company Inc
Verco Decking Inc
Vetedy
14 Appendix
14.1 Customization Offerings
14.2 Subscription Services
14.3 Related Reports
14.4 Publisher Expertise
By Material
Wood
Metal
Plastics & Composites
Others
By Application
Railing
Walls
Floors
Others
By End-User
Residential
Non-Residential
By Fastening Method
Deck Board Face Fastening
Deck Board Hidden Fastening
Deck Board Edge Fastening
Countries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)
Global Decks is forecast to reach $17.1 Billion in 2030 from $12.3 Billion in 2024, registering a CAGR of 5.6% over the outlook period
Emerging Markets across Asia Pacific, Europe, and Americas present robust growth prospects.
Alfresco Floors., Cordeck Building Solutions., CSM Products & Solutions LLC, Deck West., Deckorators Inc, Fiberon., Humboldt Redwood Company., Inovar Floor Industries Sdn Bhd., Koppers Inc, Metsä Wood., MoistureShield, Nexan Building Products Inc, Owens Corning, The AZEK Company Inc, Thermory., Trex Company Inc, Verco Decking Inc, Vetedy
Base Year- 2023; Estimated Year- 2024; Historic Period- 2018-2023; Forecast period- 2024 to 2030; Currency: Revenue (USD); Volume