Product Code: A179538
According to a new report published by Allied Market Research, titled, "Decking And Railing Market," The decking and railing market was valued at $9.8 billion in 2020, and is estimated to reach $18.1 billion by 2032, growing at a CAGR of 5.8% from 2023 to 2032.
The rise in the number of home remodeling projects globally fuels the growth of the decking and railing market. Many remodeling projects involve updating and upgrading existing decks and railing systems. As decking and railing materials age or become outdated, homeowners may opt to replace them with newer, more durable, and visually appealing options. This leads to increased sales of decking and railing products, as homeowners invest in modernizing and enhancing their outdoor spaces. Moreover, the demand for decking and railing materials will rise as a result of the increase in new home building. There are several uses for decking and railing solutions due to the range of residential developments being conducted. This includes common rooftop decks, balconies, patios, and terraces in addition to classic backyard decks. As a result, a wider range of demands and tastes can be met by the decking and railing sector. For instance, in March 2023, DLF, a reputable real estate development company, will invest $425 million over the following four years in the creation of a new luxury housing project in Gurugram, India, in order to accommodate the growing demand for residential houses. However, the fluctuating cost of raw materials used for manufacturing decking and railing is expected to have a negative impact on market growth.
The decking and railing market is segmented on the basis of composition, product type, material, application, and region. By composition, the market is bifurcated into solid and hollow. Furthermore, the product type segment is further categorized into Decking and Railing. Depending on the material, the market is categorized into wood, PVC, fiber cement, composite, and others. Region-wise, it is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, France, Sweden, UK, and rest of Europe), Asia-Pacific (China, India, Japan, Australia, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).
Competition Analysis
Competitive analysis and profiles of the major players in the decking and railing market are provided in the report. Major companies in the report include Fortress Building Products, LLC, Trex Company, Inc., GREEN BAY DECKING, UPM, Fortune Brands Innovations, Inc. (Fiberon), UFP Industries, Inc., Axion Structural Innovations LLC, Genova Products Inc., Shanghai Seven Trust Industry Co., Ltd., and The AZEK Company Inc. (TimberTech). Major players to remain competitive adopt development strategies such as product launch and partnerships.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the decking and railing market analysis from 2020 to 2032 to identify the prevailing decking and railing market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the decking and railing market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global decking and railing market trends, key players, market segments, application areas, and market growth strategies.
Additional benefits you will get with this purchase are:
- Quarterly Update and* (only available with a corporate license, on listed price)
- 5 additional Company Profile of client Choice pre- or Post-purchase, as a free update.
- Free Upcoming Version on the Purchase of Five and Enterprise User License.
- 16 analyst hours of support* (post-purchase, if you find additional data requirements upon review of the report, you may receive support amounting to 16 analyst hours to solve questions, and post-sale queries)
- 15% Free Customization* (in case the scope or segment of the report does not match your requirements, 20% is equivalent to 3 working days of free work, applicable once)
- Free data Pack on the Five and Enterprise User License. (Excel version of the report)
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Possible Customization with this report (with additional cost and timeline talk to the sales executive to know more)
- Analysis of raw material in a product (by %)
- Manufacturing Capacity
- End user preferences and pain points
- Product Benchmarking / Product specification and applications
- Senario Analysis & Growth Trend Comparision
- Upcoming/New Entrant by Regions
- Go To Market Strategy
- Market share analysis of players by products/segments
- New Product Development/ Product Matrix of Key Players
- Strategic Recommedations
- Additional company profiles with specific to client's interest
- Additional country or region analysis- market size and forecast
- Average Selling Price Analysis / Price Point Analysis
- Criss-cross segment analysis- market size and forecast
- Expanded list for Company Profiles
- Historic market data
- Import Export Analysis/Data
- Key player details (including location, contact details, supplier/vendor network etc. in excel format)
- Market share analysis of players at global/region/country level
- Per Capita Consumption Trends
- Product Consumption Analysis
- Reimbursement Scenario
- SWOT Analysis
- Volume Market Size and Forecast
Key Market Segments
By Application
- Residential
- Non residential
By Composition
By Product Type
By Material
- Wood
- Wood Type
- Pressure Treated Wood
- Redwood
- Cedar
- Hardwood
- Thermally Modified Wood
- PVC
- Fiber Cement
- Composite
- Type
- Capped
- Uncapped
- Resin Type
- Polypropylene
- Polyethylene
- Other
By Region
- North America
- Europe
- Germany
- France
- UK
- Sweden
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players:
- UPM
- Trex Company, Inc.
- GREEN BAY DECKING
- Fortune Brands Innovations, Inc. (Fiberon)
- UFP Industries, Inc.
- Axion Structural Innovations LLC
- Genova Products Inc.
- Shanghai Seven Trust Industry Co., Ltd.
- The AZEK Company Inc. (TimberTech)
- Fortress Building Products, LLC
TABLE OF CONTENTS
CHAPTER 1: INTRODUCTION
- 1.1. Report description
- 1.2. Key market segments
- 1.3. Key benefits to the stakeholders
- 1.4. Research Methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
- 3.1. Market definition and scope
- 3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
- 3.3. Porter's five forces analysis
- 3.3.1. Low threat of new entrants
- 3.3.2. Low threat of substitutes
- 3.3.3. Low intensity of rivalry
- 3.3.4. Low bargaining power of buyers
- 3.3.5. Low bargaining power of suppliers
- 3.4. Market dynamics
- 3.4.1. Drivers
- 3.4.1.1. Rise in the number of residential projects
- 3.4.1.2. Rise in the number of home remodeling projects
- 3.4.1.3. Advantages of decks and railings
- 3.4.2. Restraints
- 3.4.2.1. High cost materials
- 3.4.2.2. Structural limitations in harsh weather
- 3.4.3. Opportunities
- 3.4.3.1. Advancements in building materials
- 3.5. COVID-19 Impact Analysis on the market
CHAPTER 4: DECKING AND RAILING MARKET, BY COMPOSITION
- 4.1. Overview
- 4.1.1. Market size and forecast
- 4.2. Solid
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
- 4.3. Hollow
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
CHAPTER 5: DECKING AND RAILING MARKET, BY PRODUCT TYPE
- 5.1. Overview
- 5.1.1. Market size and forecast
- 5.2. Decking
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
- 5.3. Railing
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country
CHAPTER 6: DECKING AND RAILING MARKET, BY MATERIAL
- 6.1. Overview
- 6.1.1. Market size and forecast
- 6.2. Wood
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by region
- 6.2.3. Market share analysis by country
- 6.2.4. Wood Decking And Railing Market by Wood Type
- 6.2.4.1. Pressure Treated Wood Market size and forecast, by region
- 6.2.4.2. Pressure Treated Wood Market size and forecast, by country
- 6.2.4.3. Redwood Market size and forecast, by region
- 6.2.4.4. Redwood Market size and forecast, by country
- 6.2.4.5. Cedar Market size and forecast, by region
- 6.2.4.6. Cedar Market size and forecast, by country
- 6.2.4.7. Hardwood Market size and forecast, by region
- 6.2.4.8. Hardwood Market size and forecast, by country
- 6.2.4.9. Thermally Modified Wood Market size and forecast, by region
- 6.2.4.10. Thermally Modified Wood Market size and forecast, by country
- 6.3. PVC
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by region
- 6.3.3. Market share analysis by country
- 6.4. Fiber Cement
- 6.4.1. Key market trends, growth factors and opportunities
- 6.4.2. Market size and forecast, by region
- 6.4.3. Market share analysis by country
- 6.5. Composite
- 6.5.1. Key market trends, growth factors and opportunities
- 6.5.2. Market size and forecast, by region
- 6.5.3. Market share analysis by country
- 6.5.4. Composite Decking And Railing Market by Type
- 6.5.4.1. Capped Market size and forecast, by region
- 6.5.4.2. Capped Market size and forecast, by country
- 6.5.4.3. Uncapped Market size and forecast, by region
- 6.5.4.4. Uncapped Market size and forecast, by country
- 6.5.5. Composite Decking And Railing Market by Resin Type
- 6.5.5.1. Polypropylene Market size and forecast, by region
- 6.5.5.2. Polypropylene Market size and forecast, by country
- 6.5.5.3. Polyethylene Market size and forecast, by region
- 6.5.5.4. Polyethylene Market size and forecast, by country
- 6.6. Other
- 6.6.1. Key market trends, growth factors and opportunities
- 6.6.2. Market size and forecast, by region
- 6.6.3. Market share analysis by country
CHAPTER 7: DECKING AND RAILING MARKET, BY APPLICATION
- 7.1. Overview
- 7.1.1. Market size and forecast
- 7.2. Residential
- 7.2.1. Key market trends, growth factors and opportunities
- 7.2.2. Market size and forecast, by region
- 7.2.3. Market share analysis by country
- 7.3. Non residential
- 7.3.1. Key market trends, growth factors and opportunities
- 7.3.2. Market size and forecast, by region
- 7.3.3. Market share analysis by country
CHAPTER 8: DECKING AND RAILING MARKET, BY REGION
- 8.1. Overview
- 8.1.1. Market size and forecast By Region
- 8.2. North America
- 8.2.1. Key market trends, growth factors and opportunities
- 8.2.2. Market size and forecast, by Composition
- 8.2.3. Market size and forecast, by Product Type
- 8.2.4. Market size and forecast, by Material
- 8.2.4.1. North America Wood Decking And Railing Market by Wood Type
- 8.2.4.2. North America Composite Decking And Railing Market by Type
- 8.2.4.3. North America Composite Decking And Railing Market by Resin Type
- 8.2.5. Market size and forecast, by Application
- 8.2.6. Market size and forecast, by country
- 8.2.6.1. U.S.
- 8.2.6.1.1. Market size and forecast, by Composition
- 8.2.6.1.2. Market size and forecast, by Product Type
- 8.2.6.1.3. Market size and forecast, by Material
- 8.2.6.1.3.1. U.S. Wood Decking And Railing Market by Wood Type
- 8.2.6.1.3.2. U.S. Composite Decking And Railing Market by Type
- 8.2.6.1.3.3. U.S. Composite Decking And Railing Market by Resin Type
- 8.2.6.1.4. Market size and forecast, by Application
- 8.2.6.2. Canada
- 8.2.6.2.1. Market size and forecast, by Composition
- 8.2.6.2.2. Market size and forecast, by Product Type
- 8.2.6.2.3. Market size and forecast, by Material
- 8.2.6.2.3.1. Canada Wood Decking And Railing Market by Wood Type
- 8.2.6.2.3.2. Canada Composite Decking And Railing Market by Type
- 8.2.6.2.3.3. Canada Composite Decking And Railing Market by Resin Type
- 8.2.6.2.4. Market size and forecast, by Application
- 8.2.6.3. Mexico
- 8.2.6.3.1. Market size and forecast, by Composition
- 8.2.6.3.2. Market size and forecast, by Product Type
- 8.2.6.3.3. Market size and forecast, by Material
- 8.2.6.3.3.1. Mexico Wood Decking And Railing Market by Wood Type
- 8.2.6.3.3.2. Mexico Composite Decking And Railing Market by Type
- 8.2.6.3.3.3. Mexico Composite Decking And Railing Market by Resin Type
- 8.2.6.3.4. Market size and forecast, by Application
- 8.3. Europe
- 8.3.1. Key market trends, growth factors and opportunities
- 8.3.2. Market size and forecast, by Composition
- 8.3.3. Market size and forecast, by Product Type
- 8.3.4. Market size and forecast, by Material
- 8.3.4.1. Europe Wood Decking And Railing Market by Wood Type
- 8.3.4.2. Europe Composite Decking And Railing Market by Type
- 8.3.4.3. Europe Composite Decking And Railing Market by Resin Type
- 8.3.5. Market size and forecast, by Application
- 8.3.6. Market size and forecast, by country
- 8.3.6.1. Germany
- 8.3.6.1.1. Market size and forecast, by Composition
- 8.3.6.1.2. Market size and forecast, by Product Type
- 8.3.6.1.3. Market size and forecast, by Material
- 8.3.6.1.3.1. Germany Wood Decking And Railing Market by Wood Type
- 8.3.6.1.3.2. Germany Composite Decking And Railing Market by Type
- 8.3.6.1.3.3. Germany Composite Decking And Railing Market by Resin Type
- 8.3.6.1.4. Market size and forecast, by Application
- 8.3.6.2. France
- 8.3.6.2.1. Market size and forecast, by Composition
- 8.3.6.2.2. Market size and forecast, by Product Type
- 8.3.6.2.3. Market size and forecast, by Material
- 8.3.6.2.3.1. France Wood Decking And Railing Market by Wood Type
- 8.3.6.2.3.2. France Composite Decking And Railing Market by Type
- 8.3.6.2.3.3. France Composite Decking And Railing Market by Resin Type
- 8.3.6.2.4. Market size and forecast, by Application
- 8.3.6.3. UK
- 8.3.6.3.1. Market size and forecast, by Composition
- 8.3.6.3.2. Market size and forecast, by Product Type
- 8.3.6.3.3. Market size and forecast, by Material
- 8.3.6.3.3.1. UK Wood Decking And Railing Market by Wood Type
- 8.3.6.3.3.2. UK Composite Decking And Railing Market by Type
- 8.3.6.3.3.3. UK Composite Decking And Railing Market by Resin Type
- 8.3.6.3.4. Market size and forecast, by Application
- 8.3.6.4. Sweden
- 8.3.6.4.1. Market size and forecast, by Composition
- 8.3.6.4.2. Market size and forecast, by Product Type
- 8.3.6.4.3. Market size and forecast, by Material
- 8.3.6.4.3.1. Sweden Wood Decking And Railing Market by Wood Type
- 8.3.6.4.3.2. Sweden Composite Decking And Railing Market by Type
- 8.3.6.4.3.3. Sweden Composite Decking And Railing Market by Resin Type
- 8.3.6.4.4. Market size and forecast, by Application
- 8.3.6.5. Rest of Europe
- 8.3.6.5.1. Market size and forecast, by Composition
- 8.3.6.5.2. Market size and forecast, by Product Type
- 8.3.6.5.3. Market size and forecast, by Material
- 8.3.6.5.3.1. Rest of Europe Wood Decking And Railing Market by Wood Type
- 8.3.6.5.3.2. Rest of Europe Composite Decking And Railing Market by Type
- 8.3.6.5.3.3. Rest of Europe Composite Decking And Railing Market by Resin Type
- 8.3.6.5.4. Market size and forecast, by Application
- 8.4. Asia-Pacific
- 8.4.1. Key market trends, growth factors and opportunities
- 8.4.2. Market size and forecast, by Composition
- 8.4.3. Market size and forecast, by Product Type
- 8.4.4. Market size and forecast, by Material
- 8.4.4.1. Asia-Pacific Wood Decking And Railing Market by Wood Type
- 8.4.4.2. Asia-Pacific Composite Decking And Railing Market by Type
- 8.4.4.3. Asia-Pacific Composite Decking And Railing Market by Resin Type
- 8.4.5. Market size and forecast, by Application
- 8.4.6. Market size and forecast, by country
- 8.4.6.1. China
- 8.4.6.1.1. Market size and forecast, by Composition
- 8.4.6.1.2. Market size and forecast, by Product Type
- 8.4.6.1.3. Market size and forecast, by Material
- 8.4.6.1.3.1. China Wood Decking And Railing Market by Wood Type
- 8.4.6.1.3.2. China Composite Decking And Railing Market by Type
- 8.4.6.1.3.3. China Composite Decking And Railing Market by Resin Type
- 8.4.6.1.4. Market size and forecast, by Application
- 8.4.6.2. Japan
- 8.4.6.2.1. Market size and forecast, by Composition
- 8.4.6.2.2. Market size and forecast, by Product Type
- 8.4.6.2.3. Market size and forecast, by Material
- 8.4.6.2.3.1. Japan Wood Decking And Railing Market by Wood Type
- 8.4.6.2.3.2. Japan Composite Decking And Railing Market by Type
- 8.4.6.2.3.3. Japan Composite Decking And Railing Market by Resin Type
- 8.4.6.2.4. Market size and forecast, by Application
- 8.4.6.3. India
- 8.4.6.3.1. Market size and forecast, by Composition
- 8.4.6.3.2. Market size and forecast, by Product Type
- 8.4.6.3.3. Market size and forecast, by Material
- 8.4.6.3.3.1. India Wood Decking And Railing Market by Wood Type
- 8.4.6.3.3.2. India Composite Decking And Railing Market by Type
- 8.4.6.3.3.3. India Composite Decking And Railing Market by Resin Type
- 8.4.6.3.4. Market size and forecast, by Application
- 8.4.6.4. Australia
- 8.4.6.4.1. Market size and forecast, by Composition
- 8.4.6.4.2. Market size and forecast, by Product Type
- 8.4.6.4.3. Market size and forecast, by Material
- 8.4.6.4.3.1. Australia Wood Decking And Railing Market by Wood Type
- 8.4.6.4.3.2. Australia Composite Decking And Railing Market by Type
- 8.4.6.4.3.3. Australia Composite Decking And Railing Market by Resin Type
- 8.4.6.4.4. Market size and forecast, by Application
- 8.4.6.5. Rest of Asia-Pacific
- 8.4.6.5.1. Market size and forecast, by Composition
- 8.4.6.5.2. Market size and forecast, by Product Type
- 8.4.6.5.3. Market size and forecast, by Material
- 8.4.6.5.3.1. Rest of Asia-Pacific Wood Decking And Railing Market by Wood Type
- 8.4.6.5.3.2. Rest of Asia-Pacific Composite Decking And Railing Market by Type
- 8.4.6.5.3.3. Rest of Asia-Pacific Composite Decking And Railing Market by Resin Type
- 8.4.6.5.4. Market size and forecast, by Application
- 8.5. LAMEA
- 8.5.1. Key market trends, growth factors and opportunities
- 8.5.2. Market size and forecast, by Composition
- 8.5.3. Market size and forecast, by Product Type
- 8.5.4. Market size and forecast, by Material
- 8.5.4.1. LAMEA Wood Decking And Railing Market by Wood Type
- 8.5.4.2. LAMEA Composite Decking And Railing Market by Type
- 8.5.4.3. LAMEA Composite Decking And Railing Market by Resin Type
- 8.5.5. Market size and forecast, by Application
- 8.5.6. Market size and forecast, by country
- 8.5.6.1. Latin America
- 8.5.6.1.1. Market size and forecast, by Composition
- 8.5.6.1.2. Market size and forecast, by Product Type
- 8.5.6.1.3. Market size and forecast, by Material
- 8.5.6.1.3.1. Latin America Wood Decking And Railing Market by Wood Type
- 8.5.6.1.3.2. Latin America Composite Decking And Railing Market by Type
- 8.5.6.1.3.3. Latin America Composite Decking And Railing Market by Resin Type
- 8.5.6.1.4. Market size and forecast, by Application
- 8.5.6.2. Middle East
- 8.5.6.2.1. Market size and forecast, by Composition
- 8.5.6.2.2. Market size and forecast, by Product Type
- 8.5.6.2.3. Market size and forecast, by Material
- 8.5.6.2.3.1. Middle East Wood Decking And Railing Market by Wood Type
- 8.5.6.2.3.2. Middle East Composite Decking And Railing Market by Type
- 8.5.6.2.3.3. Middle East Composite Decking And Railing Market by Resin Type
- 8.5.6.2.4. Market size and forecast, by Application
- 8.5.6.3. Africa
- 8.5.6.3.1. Market size and forecast, by Composition
- 8.5.6.3.2. Market size and forecast, by Product Type
- 8.5.6.3.3. Market size and forecast, by Material
- 8.5.6.3.3.1. Africa Wood Decking And Railing Market by Wood Type
- 8.5.6.3.3.2. Africa Composite Decking And Railing Market by Type
- 8.5.6.3.3.3. Africa Composite Decking And Railing Market by Resin Type
- 8.5.6.3.4. Market size and forecast, by Application
CHAPTER 9: COMPETITIVE LANDSCAPE
- 9.1. Introduction
- 9.2. Top winning strategies
- 9.3. Product Mapping of Top 10 Player
- 9.4. Competitive Dashboard
- 9.5. Competitive Heatmap
- 9.6. Top player positioning, 2020
CHAPTER 10: COMPANY PROFILES
- 10.1. Axion Structural Innovations LLC
- 10.1.1. Company overview
- 10.1.2. Key Executives
- 10.1.3. Company snapshot
- 10.1.4. Operating business segments
- 10.1.5. Product portfolio
- 10.2. Fortress Building Products, LLC
- 10.2.1. Company overview
- 10.2.2. Key Executives
- 10.2.3. Company snapshot
- 10.2.4. Operating business segments
- 10.2.5. Product portfolio
- 10.2.6. Key strategic moves and developments
- 10.3. Fortune Brands Innovations, Inc. (Fiberon)
- 10.3.1. Company overview
- 10.3.2. Key Executives
- 10.3.3. Company snapshot
- 10.3.4. Operating business segments
- 10.3.5. Product portfolio
- 10.3.6. Business performance
- 10.4. Genova Products Inc.
- 10.4.1. Company overview
- 10.4.2. Key Executives
- 10.4.3. Company snapshot
- 10.4.4. Operating business segments
- 10.4.5. Product portfolio
- 10.5. GREEN BAY DECKING
- 10.5.1. Company overview
- 10.5.2. Key Executives
- 10.5.3. Company snapshot
- 10.5.4. Operating business segments
- 10.5.5. Product portfolio
- 10.6. Shanghai Seven Trust Industry Co., Ltd.
- 10.6.1. Company overview
- 10.6.2. Key Executives
- 10.6.3. Company snapshot
- 10.6.4. Operating business segments
- 10.6.5. Product portfolio
- 10.7. The AZEK Company Inc. (TimberTech)
- 10.7.1. Company overview
- 10.7.2. Key Executives
- 10.7.3. Company snapshot
- 10.7.4. Operating business segments
- 10.7.5. Product portfolio
- 10.7.6. Business performance
- 10.8. Trex Company, Inc.
- 10.8.1. Company overview
- 10.8.2. Key Executives
- 10.8.3. Company snapshot
- 10.8.4. Operating business segments
- 10.8.5. Product portfolio
- 10.8.6. Business performance
- 10.9. UFP Industries, Inc.
- 10.9.1. Company overview
- 10.9.2. Key Executives
- 10.9.3. Company snapshot
- 10.9.4. Operating business segments
- 10.9.5. Product portfolio
- 10.9.6. Business performance
- 10.10. UPM
- 10.10.1. Company overview
- 10.10.2. Key Executives
- 10.10.3. Company snapshot
- 10.10.4. Operating business segments
- 10.10.5. Product portfolio
- 10.10.6. Business performance