Deck
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Deck's market size Review forecast: What will the market be worth by 2025?
The deck market has recently recorded considerable growth. This market worth 13.53 billion US dollars in 2024 is expected to increase to $ 14.47 billion in 2025, which corresponds to an annual growth rate (CAGR) of 6.9%. The remarkable growth during historical times can be attributed to the increased demand for living space outdoors, the escalation of the urbanization, which is connected to residential buildings in connection with residential buildings, the use of composite cover materials, the popularity of domestic renovations and an improved emphasis on aesthetic attraction and ownership.
Deck's market size forecast: How high is the projected evaluation by 2029?
In the coming years it is predicted that the deck market size will achieve robust growth by 2029. This corresponds to an annual annual growth rate (CAGR) of 6.6%. Some factors that contribute to this growth during the forecast period are an increasing trend towards outdoor offices and workplaces, an increase in demand in developing countries due to urbanization, an increasing awareness of weather -resistant cover materials, a growing need for versatile outdoor spaces and an increased focus on energy -efficient external structures. Important trends during this period include the rise of technology -powered composite decks, the development of environmentally conscious materials, the merging of decks with outdoor living rooms, progress in the deck structure and improvements in the multi -stage deck design.
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What do the drivers change the deck market?
The development of the deck market is expected to be fueled by the expansion of the construction industry. The construction industry, which includes planning, designing, designing and building the infrastructure together with residential, commercial and industrial projects, is primarily growing due to the increased urbanization. This growth of urbanization increases the need for living, commercial and infrastructure development in order to meet up-to-day urban population groups. By providing functional outdoor living rooms, which improve the value and attractiveness of property, the development industry increases the construction industry and supports the growth of residential and commercial construction projects. For example, the Australia Bureau of Statistics, an Australian government institution, determined an increase in the apartments under construction from 240,065 units in 2022 to 240,813 units in 2023 in July of this year. The booming construction industry thus promotes the growth of the deck market.
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What long -term trends will define the future of the deck market?
Top -class companies on the deck market prioritize the creation of pioneering solutions such as hidden fastening systems in order to improve the visual attractiveness and integrity of the covering surface. Hidden fastening systems, which are invisible connector that are used to securely attach cover boards without observable screws or nails, lead to a polished, flawless surface. To illustrate, Trex Company Inc., a boarding company based in the USA, presented the Advanced Trex Hideaway Faster collection in March 2024, which was specially developed for composite and rill deck boards. This innovative range consists of hidden connecting elements, accompanied by stainless steel screws, which are positioned in stable nylon connectors filled with glass. This arrangement enables quick installation, extended reliability and flawless, thread -free cover surface. This system has been constructed to determine a precise distance and complete compatibility and to complete the compatibility with every Trex birthday and offers a refined finish and simple maintenance.
Which segments on the deck market offer the greatest profit potential?
The deck market treated in this report is segmented –
1) by material: metal, wood, plastic and composite materials, concrete
2) According to the fastening method: Deck Board Face Finding, Deck Board Hidden Fastening, Deck Board Edge fastening
3) by application: railings, walls, floors, other applications
4) According to end users: residential building, not living
Subsegms:
1) by metal deck
2) With wooden decks: pressure -treated wooden decks, cedar decks, redwood decks, tropical hardwood decks
3) through plastic and composite deck
4) by concrete deck
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Which companies dominate the deck market according to the market share and sales in 2025?
Large companies that work on the deck market are UFP Industries Inc, Nexan Building Products Inc, Azek Company Inc, Trex Company Inc, Tamko Building Products LLC, Fibre Composites LLC, Thermory as, Deckorators, Cali Bamboo LLC, Bauding Products, Moistureshield, Kebony Inc. Futurewood Pty Ltd, LumBerock Premium Decking, Buyrite Enterprises Limited., Envision Building Products LLC, Green Bay Decking LLC
Which regions offer the highest growth potential on the deck market?
North America was the largest region on the deck market in 2024. The Asian-Pacific space is expected to be the fastest growing region in the forecast period. The regions treated in the deck market report are Asian-Pacific, Western European, Eastern Europe, North America, South America, the Middle East and Africa.
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