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Global Wooden Decking Market

  • Date Submitted: 08/10/2016 12:24 AM
  • Flesch-Kincaid Score: 43.3 
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Bharatbook.com announces a report on “Wooden Decking Market by Type, Application, Type of Construction, End-Use, and Region - Global Forecast to 2021”. Pressure-treated wood is projected to grow at the highest rate, as it can withstand moist and icy weather conditions, is durable, and long lasting.

Wooden decking market projected to grow at a CAGR of 1.43%
The Wooden Decking Market size is projected to grow at a CAGR of 1.43% during the forecast period of 2016 – 2021 and reach USD 7.81 billion by 2021. This market is driven by factors such as rapid urbanization, rising construction activities in emerging economies, and large-scale investments in the industrial and infrastructure sectors.

Pressure-treated wood type in wooden decking held the largest market share
Pressure-treated wood is projected to grow at the highest rate, as it can withstand moist and icy weather conditions, is durable, and long lasting. Also, being treated with waterborne preservatives, pressure-treated wood products are resistant from rots, insects, and internal decaying. Thus, it is widely used in residential, industrial, and commercial structures making this segment grow at the highest CAGR.

Asia-Pacific region is expected to witness a steady growth during the forecast period
The Asia-Pacific market is projected to be the fastest-growing market during the forecast period. The increasing population and rising income are accelerating the per capita spending on construction. The markets of China and India are projected to be lucrative due to their rising middle-class population and rising consumer spending on construction sectors.

Breakdown of Primaries
Primary interviews were conducted with a number of industry experts in order to collect data related to different aspects of the wooden decking market. Estimates reached after analyzing secondary sources were validated through these interviews. Primary sources included professionals such as constructors, wooden decking...

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