Timber Decking Market Share, Size, Trends and Forecasts 2016-2020

Technavio Announces the Publication of its Research Report Global Timber Decking Market 2016-2020

Technavio recognizes the following companies as the key players in the global timber decking market: Advanced Environmental Recycling Technologies, Advantage Trim & Lumber, Fiberon, Timber Holding USA, TimberTech, and Trex.

Other Prominent Vendors in the market are: Accsys Technologies, Boral, Cali Bamboo, Dasso, East Teak Fine Hardwoods, Eva-Last, Kayu, MOSO, Roseburg, Millboard, Outdoor Structures Australia, TAMKO, UPM, Vetedy, Westwood, and Western Forest Products.

Browse full report with TOC@ https://marketreportscenter.com/reports/368522/global-timber-decking-market-2016-2020

Commenting on the report, an analyst from Technavios team said: Increased use of decking will be a key trend for market growth. Earlier in the 1980s and 1990s, decking was considered as an outdoor structure kept for pleasant looks and added to the aesthetics of the house. Since 2009, the concept of decking has changed altogether. It is considered more of an outdoor living space where people have their kitchen, fireplaces, and other things for entertainment and amusement. The underlying concept for the use of decks has changed. This has driven the demand for decking significantly. However, it has also encouraged homeowners to think from the perspective of which a deck has to develop and thus the kind of decking material to be used.”

According to the report, increase in consumer spending will be a key driver for market growth. Increased consumer spending power also drives the timber decking market. This is mainly because timber decking projects are capital-intensive. The impact of the consumer spending power can be seen by the trend shown by the global imports of wood by different nations. The imports increase or decrease depending on the demand and availability of the product.

Further, the report states that seasonality and government regulations will be a challenge for the...