市场调查报告书
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1454196
全球复合地板材料市场规模、份额、成长分析(按材料类型、产品类型、最终用途)- 产业预测,2024-2031 年Global Composite Decking Market Size, Share, Growth Analysis, By Material Type(Wood-Plastic Composite, Capped Composite), By Product, By End-Use - Industry Forecast 2024-2031 |
复合地板材料的全球市场规模在2022年为33.1亿美元,从2023年的38.4亿美元增长到2031年的126.9亿美元,在预测期内(2024-2031年)预计复合年增长率为16.1%。
由木纤维或木粉和塑胶製成的复合地板材料的全球市场正在超越传统地板材料,由于其高耐用性、抗腐烂、腐烂和害虫、低维护要求和长使用寿命,与传统地板材料相比,它具有许多优势。木质装饰材料。都市化是塑胶地板产业向前发展的主要动力,快速成长的人口流向城市和城区。这种变化刺激了对户外生活和休閒区域的需求,复合地板因其弹性、美观和易于维护而成为首选。防潮、防霉和防霉进一步增强了其对潮湿环境和水池等水景的适用性。此外,在塑胶地板中使用回收材料符合日益增长的环保意识,并吸引具有永续性意识的消费者。这种趋势不仅存在于已开发国家,也存在于都市化快速发展的开发中开发中国家。近年来,这些动态推动了全球复合地板市场显着的年复合成长率(CAGR)。
Global composite decking market size was valued at USD 3.31 billion in 2022 and is poised to grow from USD 3.84 billion in 2023 to USD 12.69 billion by 2031, growing at a CAGR of 16.1% during the forecast period (2024-2031).
The global market for composite decking, composed of wood fibers or flour and plastic, boasts numerous advantages over traditional wood decking, such as heightened durability, resistance to rot, decay, and insects, low maintenance needs, and an extended lifespan. Urbanization serves as a major catalyst propelling the plastic flooring industry forward, with the burgeoning population gravitating towards cities and urban locales. This shift fuels the demand for outdoor living spaces and recreational areas, wherein composite decking emerges as a favored choice due to its resilience, aesthetic appeal, and ease of maintenance. Its resistance to moisture, mold, and mildew further cements its suitability for humid environments or areas near water bodies like pools. Moreover, the utilization of recycled materials in plastic decking aligns with growing environmental consciousness, attracting consumers concerned with sustainability, a trend observed not only in developed nations but also in rapidly urbanizing developing countries. These dynamics collectively contribute to the notable Compound Annual Growth Rate (CAGR) witnessed in the global composite decking market in recent years.
Top-down and bottom-up approaches were used to estimate and validate the size of the global composite decking market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Global Composite Decking Market Segmental Analysis
The global composite decking market can be segmented based on various factors, including material type, product type, end-use application, and geography. Based on material type market is segmented into wood-plastic composite (WPC), capped composite, and uncapped composite. Based on product type market is segmented into solid composite decking, hollow composite decking, and capped vs uncapped. Based on the end-use application type market is segmented into residential and commercial. Based on geography market is segmented into North America, Asia Pacific Region, Europe, Middle East, and Africa.
Drivers of the Global Composite Decking Market
As the pursuit of low-maintenance outdoor living options gains momentum among homeowners, the popularity of composite decking is on the ascent. Composite decking presents numerous benefits over conventional wood decking, boasting durability, resilience against rot and insect infestations, and reduced maintenance needs, all of which contribute to its increasing market demand. This surge is further propelled by the expansion of the residential construction industry, spurred by urbanization, population expansion, and enhancements in living standards, all of which stimulate the need for decking materials. Widely embraced in residential ventures, composite decking finds extensive application in the construction of decks, patios, balconies, and various outdoor living areas.
Restraints in the Global Composite Decking Market
Composite decking generally entails a higher initial expense in contrast to traditional wood decking, potentially dissuading cost-conscious consumers. Nevertheless, composite decking presents enduring value by necessitating less maintenance, lowering lifecycle expenses, and boasting a lengthier lifespan, thereby mitigating the upfront expenditure. To fully capitalize on the market's growth potential, companies ought to concentrate on innovating more economical composite decking alternatives.
Market Trends of the Global Composite Decking Market
In the composite decking market, industry participants may opt to prioritize the integration of innovative material technologies to develop novel product variants boasting superior properties. Emulating the look and texture of traditional materials like wood, while ensuring the durability inherent in composite materials, represents another avenue for companies to explore. Furthermore, embracing eco-friendly materials stands out as a pivotal long-term trend that market players should actively pursue.