Wood & Competitive Decking

US decking demand will rise 2.4 percent annually through 2018 to 3.5 billion lineal feet, valued at $6.5 billion. Plastic and wood-plastic composite decking will grow the fastest, based on their low maintenance requirements and long lifespans. The residential market will remain dominant while nonresidential decking grows the fastest.This study analyzes the 3.1 billion lineal foot US decking industry. It presents historical demand data for 2003, 2008 and 2013, with forecasts for 2018 and 2023 by product (e.g., wood, wood-plastic composite, plastic), market (e.g., residential, nonresidential, nonbuilding construction), application (new construction, improvement and repairs) and US region.The study also considers market environment factors, details industry structure, evaluates company market share and profiles 42 industry competitors, including Georgia-Pacific, Trex and AZEK Building Products.