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Wooden Decking Market 2020-2026 | Growth Forecast & Industry Share Report

Standards of living have improved significantly over the years, as a result of rapid industrialization, which has boosted the need for wooden decks and other such constructions in residences, hotels, schools and more.

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Wooden Decking Market 2020-2026 | Growth Forecast & Industry Share Report

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  1. Wooden Decking Market Report by Regional Outlook & Growth Forecast to 2026 • Burgeoning construction activities across the globe, alongside rising disposable incomes among populations are expected to fuel wooden decking market growth. Standards of living have improved significantly over the years, as a result of rapid industrialization, which has boosted the need for wooden decks and other such constructions in residences, hotels, schools and more. • Decks are flat surfaces, similar to floors, which are designed to withstand and support weight. Outdoor decks are usually elevated from ground level, usually to add an aesthetic appeal to the construction they are connected to. The application scope of the wooden decking industry is vast, including garden landscaping, extended living areas, patios, and more. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  2. The rising demand for luxury and premium homes, particularly in developing nations, alongside rising remodeling and refurbishment activities is anticipated to boost wooden decking market dynamics. The demand for luxury homes is rising steadily across the globe, mainly due to growing per capita incomes and the subsequent evolution in consumer lifestyles and preferences. In India, for instance, the proliferating availability of premium real estate and opulence in tier II and III cities has triggered a significant rise in luxury expenditure in the region. • Luxury expenditure has risen by over 30 times in tier II cities as compared to tier I cities, as high disposable incomes allow consumers to invest in various amenities and conveniences to sustain a lavish lifestyle. This rising inclination towards investment in luxury products, in addition to the rising demand for premium real estate will contribute heavily to wooden decking market penetration over the forecast spell. • Cedar is used extensively as the preferred material by the wooden decking industry for many years. This is mainly due to the wood’s natural resistance to insects and rot. Given its soft nature, however, the material is used more often for vertical elements such as privacy fencing, planters, pergolas, railing balustrades, etc. rather than for flooring. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  3. Request for a Sample Copy of this Report @ https://www.gminsights.com/request-sample/detail/3771 © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  4. Regional Analysis • The outbreak is also asserting a dramatic impact on home builder supply chains in the US, and other regions, which has led to a constraint of construction activity and diminished performance in residential construction. These factors are in turn likely to pull down demand for wood products, which will subsequently affect the wooden decking market outlook in the present time. However, the situation may start to improve in the post-pandemic era, once the construction sector and lumber demand begin their return to normalcy. • Competitive Analysis • Key players bolstering the global wooden decking industry share include Humboldt Redwood Company (Mendocino Redwood Company), Sundek Interio, Alfresco Floors, AZEK Building Products (CPG INTERNATIONAL INC., CPG INTERNATIONAL I INC), Thermory AS, United Construction Products (GMS), Kebony, Metsa Wood, Trex Company, DuraLife (Barrette Outdoor Living, Inc.), Universal Forest Products, Koppers, Deck Solutions, etc. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  5. Latest Research Report On Wooden Decking Market @ https://www.gminsights.com/industry-analysis/wooden-decking-market Request for sample of this research report@ https://www.gminsights.com/request-sample/detail/3771 Request for customization: https://www.gminsights.com/roc/3771 © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  6. Stay In Touch You can visit us at: www.gminsights.com Thank You…! © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com www.gminsights.com

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