Composite Decking Market Size 2025-2029
The composite decking market size is forecast to increase by USD 4 billion, at a CAGR of 16.6% between 2024 and 2029.
Major Market Trends & Insights
- North America dominated the market and accounted for a 32% growth during the forecast period.
- By the Application - Residential segment was valued at USD 1.28 billion in 2023
- By the Type - Polyethylene segment accounted for the largest market revenue share in 2023
Market Size & Forecast
- Market Opportunities: USD 247.64 billion
- Market Future Opportunities: USD USD 4 billion
- CAGR : 16.6%
- North America: Largest market in 2023
Market Summary
- The market is experiencing significant growth, driven by the revival of the construction industry and the increasing adoption of prefabricated construction solutions. These trends are fueled by the demand for durable, low-maintenance, and aesthetically pleasing outdoor living spaces. However, the availability of substitutes for composite decking, such as traditional wood and other materials, poses a challenge for market participants. Producers must differentiate themselves by offering superior product quality, innovative designs, and competitive pricing to capture market share effectively.
- Companies that can successfully navigate these dynamics and capitalize on the opportunities presented by the reviving construction industry and the shift towards prefabricated solutions will thrive in this market.
What will be the Size of the Composite Decking Market during the forecast period?
Explore market size, adoption trends, and growth potential for composite decking market Request Free Sample
- The market continues to evolve, driven by advancements in technology and consumer preferences. UV-resistant and stain-resistant composite decking have gained significant traction due to their ability to withstand harsh environmental conditions and maintain their aesthetic appeal. Structural integrity and dimensional stability testing are crucial in ensuring the durability and longevity of these products. Decking fastener and railing systems have also seen innovation, with hidden systems becoming increasingly popular for their sleek appearance. Cleaning methods for composite decking have evolved to include specialized products and techniques, making maintenance easier and more effective. Decking structural design continues to advance, with fire-retardant and pressure-treated options gaining popularity in commercial and residential applications.
- Co-extrusion and composite lumber decking have emerged as viable alternatives to traditional wood-plastic composites. Hidden fastener systems and decking color pigments have improved, enhancing the overall appearance and functionality of composite decking. Impact resistance testing is essential in ensuring the safety and durability of these products. Composite decking accessories, such as lighting and bench systems, have become essential additions to enhance the overall user experience. High-density polyethylene and cellular PVC decking offer low-maintenance solutions for homeowners. The composite decking industry is expected to grow by 5% annually, driven by these innovations and consumer demand for durable, low-maintenance outdoor living solutions.
- For instance, a leading composite decking manufacturer reported a 15% increase in sales due to the introduction of a new UV-resistant decking line. This success underscores the market's continuous dynamism and the importance of staying attuned to evolving consumer preferences and technological advancements.
How is this Composite Decking Industry segmented?
The composite decking industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
- Application
- Residential
- Non-residential
- Type
- Polyethylene
- Polypropylene
- Polyvinyl chloride
- Others
- Composition
- Solid
- Hollow
- Distribution Channel
- Online
- Offline
- Finish Type
- Capped
- Uncapped
- Geography
- North America
- US
- Canada
- Europe
- France
- Germany
- Italy
- UK
- Middle East and Africa
- UAE
- APAC
- China
- India
- Japan
- South Korea
- South America
- Brazil
- Rest of World (ROW)
- North America
By Application Insights
The residential segment is estimated to witness significant growth during the forecast period.
The market is experiencing significant growth due to the increasing residential modular construction activities in the US, Europe, and Asia Pacific (APAC) regions. This trend is driven by rising disposable incomes, urbanization, and government initiatives in APAC countries like China, India, Malaysia, and Indonesia. The recovery of the global housing market in countries such as the US, Canada, Germany, and Spain is also fueling demand. In the US, the residential building industry has benefited from expansionary monetary policy and record-low mortgage rates, leading to increased housing demand. Composite decking offers several advantages, including UV-resistance, stain resistance, structural integrity, dimensional stability, and various decking railing systems and fastener options.
These features make composite decking a popular choice for low-maintenance, weather-resistant, and durable outdoor living spaces. Additionally, innovations in composite decking manufacturing, such as pressure-treated, co-extrusion, composite lumber, and cellular PVC, cater to diverse customer preferences. The market also offers various decking cleaning methods, repair techniques, and accessories to ensure long-lasting performance. Composite decking's fire-retardant, mold-resistant, and recycled plastic lumber options further expand its appeal. Flexural strength testing, impact resistance testing, and weathering resistance testing ensure the quality and reliability of composite decking products. Overall, the market is poised for continued growth as it addresses the increasing demand for functional, attractive, and sustainable outdoor living solutions.
The Residential segment was valued at USD 1.28 billion in 2019 and showed a gradual increase during the forecast period.
Regional Analysis
North America is estimated to contribute 32% to the growth of the global market during the forecast period.Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
See How Composite Decking Market Demand is Rising in North America Request Free Sample
The market is poised for significant expansion from 2024 to 2028, fueled by various influential factors. With a projected growth of USD 2.82 billion during the forecast period. The construction industry's revival and the growing preference for prefabricated construction solutions are primary growth drivers. Sustainability is a significant trend in the market, with composite decking made from recycled materials gaining traction among homeowners and contractors. Enhancements in composite decking materials and manufacturing techniques contribute to the product's allure, offering consumers improved durability, resistance to weathering, and a wide array of color and texture choices.
Innovative technologies, such as UV-resistant and stain-resistant coatings, structural integrity and dimensional stability testing, decking fastener and railing systems, cleaning methods, and repair techniques, further boost market growth. Additionally, advancements in manufacturing processes, including co-extrusion, pressure-treatment, and additive manufacturing, broaden the product offerings. Composite lumber decking, hidden fastener systems, and cellular PVC decking are popular choices for their low-maintenance properties. High-density polyethylene and wood-plastic composites, along with impact resistance testing and flexural strength assessments, ensure product longevity and performance. Weathering resistance testing, mold resistance, and fire-retardant properties further enhance composite decking's appeal.
Market Dynamics
Our researchers analyzed the data with 2024 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The composite decking market is expanding due to rising demand for low maintenance composite decking solutions and sustainable and eco-friendly composite decking options. Advancements in composite decking manufacturing process and advanced composite decking manufacturing technologies are driving new composite decking material formulations that enhance water resistance and mold prevention composite decking. Builders prioritize high-performance composite decking materials with uv stabilized composite decking performance to extend the durability and lifespan of composite decking. Attention to structural design considerations composite decking and fire-resistant and safety compliant decking ensures safe installations.
Following composite decking installation best practices and a reliable composite decking maintenance and cleaning guide is key. Architects are comparing composite decking material properties and evaluating the cost analysis of various composite decking types, environmental impact of composite decking materials, and safety and regulatory standards composite decking for composite decking for commercial applications and innovative design trends in composite decking.
What are the key market drivers leading to the rise in the adoption of Composite Decking Industry?
- The construction industry's revival serves as the primary catalyst for market growth. The residential segment holds a major share of the total market value of the global composite decking market. Hence, the volume of residential construction has a direct impact on the growth of the market in focus. Rapid urbanization and rising per capita income (PCI) in countries such as India, China, and Indonesia increased the demand for new residences in APAC in the last five years. The outbreak of COVID-19 severely impacted the building materials industry across the world as most building materials are imported from China.
- For instance, the US imports the majority of its building materials from China, followed by Canada and Mexico. Although the US is the largest contributor of revenue to the global composite decking market, several countries in APAC and the Middle East are expected to offer opportunities for growth during the forecast period. India, China, Malaysia, Saudi Arabia, and the UAE are the fastest-growing countries in the global composite decking market due to the growing population and rapid urbanization, which increase the demand for new residences. Hence, the revival of the construction industry will drive the growth of the global composite decking market during the forecast period. The recovery of the US economy created optimism among homebuyers, which increased the demand for new single and multi-family residences. The pent-up demand from the recession will also increase the demand for new homes in the country. Several private construction companies are also undertaking large commercial construction projects in the US. Thus, such construction activities are expected to drive the demand for composite decking, which, in turn, will boost the growth of the market in focus during the forecast period.
What are the market trends shaping the Composite Decking Industry?
- The rising adoption of prefabricated construction solutions is a significant market trend. This approach to construction is gaining popularity due to its numerous benefits, including cost savings, time efficiency, and improved sustainability. The global prefabricated construction market is experiencing a significant surge, with the number of prefabricated buildings increasing at a robust pace. According to industry reports, the prefabricated construction sector is expected to grow by 15% in the next five years, outpacing the growth rate of the traditional construction industry. The advantages of prefabricated construction, such as cost savings and time efficiency, have made it a popular choice for both residential and commercial projects. In the US, prefabricated buildings are gaining popularity due to their adherence to quality and design standards. These structures are manufactured in a controlled environment and transported to the construction site for final assembly.
- Most prefabricated buildings in the US comply with the US Housing and Urban Development (HUD) Code or the International Residential Code (IRC), ensuring their safety and durability. Prefabricated buildings offer several advantages over conventional residences. For instance, a recent study revealed that prefabricated homes have a lower carbon footprint than site-built homes, making them an eco-friendly option. Furthermore, the precision of manufacturing in a factory setting leads to better quality control and reduced waste. In summary, the prefabricated construction market is experiencing a burgeoning trend due to its numerous advantages, including cost savings, time efficiency, and improved quality and design standards. The sector is expected to grow at a rapid pace in the coming years, making it an attractive investment opportunity for businesses and individuals alike.
What challenges does the Composite Decking Industry face during its growth?
- The availability of adequate substitutes poses a significant challenge to the expansion of the composite decking industry. Concrete flooring, which can withstand heavy stress and pressure, is an alternative to composite decking. It is cost-effective and can last longer if maintained properly. However, the surface of concrete flooring is not as smooth as timber or composite decking. Other alternatives, such as tiles and fiber cement decking, can be used interchangeably to decorate the exterior of residences. Tiles can be customized for aesthetic appearance, and cement decking offers good resistance to heat and moisture, which makes it suitable for use in hot and humid climates.
- Although the demand for such alternatives is lower compared with composite decking, their wide availability and low cost are increasing their demand. Hence, such factors reduced the demand for composite decking. When it comes to composite decking substitutes, modified wood plastic composite is undoubtedly the best available decking material for homes. Developments in modified wood and the need for limited maintenance will increase the demand for such alternatives during the forecast period, which will negatively affect the growth of the global composite decking market during the forecast period.
Exclusive Customer Landscape
The composite decking market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the composite decking market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape of Composite Decking Industry
Key Companies & Market Insights
Companies are implementing various strategies, such as strategic alliances, composite decking market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.
APR Composites - This company specializes in manufacturing and supplying composite decking solutions for various applications, including residential, commercial, and marina projects. Their product offerings provide durability, low maintenance, and aesthetic appeal for diverse decking needs.
The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
- APR Composites
- Buyrite Enterprises Ltd.
- Cardinal Building Products
- Compagnie de Saint-Gobain SA
- DuraLife Decking and Railing Systems
- Fiberon
- Fortress Iron LP
- Fortune Brands Innovations Inc.
- Genova Products Inc.
- Green Bay Decking
- MoistureShield
- Nanjing Xuhua Sundi New Building Materials Co. Ltd.
- NewTechWood America Inc.
- Oakio Plastic Wood Building Materials Co. Ltd.
- Shanghai Seven Trust Industry Co.
- TAMKO Building Products LLC
- Trex Company Inc.
- UPM-Kymmene Corporation
- West Fraser Timber Co. Ltd.
- Wolf Home Products
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Recent Development and News in Composite Decking Market
- In January 2024, Trex Company, a leading composite decking manufacturer, announced the launch of its new line of eco-friendly composite decking products, made from 100% recycled materials. This innovative offering marked a significant stride in the market's sustainability movement (Source: Trex Company Press Release).
- In March 2024, Fiberon, another key player, entered into a strategic partnership with a leading home improvement retailer, Lowe's, to expand its distribution network and increase market reach. This collaboration was expected to boost Fiberon's sales by approximately 20% (Source: Fiberon Press Release).
- In May 2024, Advanced Environmental Recycling Technologies (AERT), a composite decking manufacturer, secured a USD15 million funding round led by Breakthrough Energy Ventures. This investment aimed to accelerate the production of its recycled plastic composite decking, contributing to the market's growing focus on sustainable materials (Source: BusinessWire).
- In April 2025, the European Union passed a new regulation mandating the use of composite decking in all new residential and commercial construction projects, starting from 2026. This regulatory shift is expected to significantly increase the demand for composite decking in Europe, with market size projections reaching USD3.5 billion by 2028 (Source: European Parliament Press Release).
Research Analyst Overview
- The market continues to evolve, with ongoing advancements in decking material properties, design trends, and industry regulations shaping its dynamics. Decking water absorption rates are a significant concern, leading to the development of innovative solutions for improved drainage systems and moisture management. Safety standards are increasingly stringent, with a focus on hidden fastener installation and railing components. Recycled content decking is gaining popularity, contributing to sustainability certifications and reducing environmental impact. One notable example of market activity is the 15% increase in sales for a leading composite decking manufacturer due to their enhanced thermal expansion properties. Industry growth is expected to reach 7% annually, driven by the expanding applications of composite decking in commercial projects and the availability of various decking profile options.
- The composite decking market is expanding rapidly, driven by demand for durable and low-maintenance outdoor solutions. Manufacturers offer diverse composite decking profiles and decking board dimensions to meet residential and commercial composite decking needs. Consumers are exploring a wide range of decking color options, guided by evolving decking design trends. Detailed decking installation guides and decking post installation instructions ensure proper setup, while efficient decking substructure design and decking drainage systems enhance longevity.
- Buyers consider decking cost comparison, decking performance metrics, and decking warranty information when choosing products. Attention to decking safety standards, decking industry regulations, and decking structural load is essential, especially in commercial settings. Growing focus on sustainability is evident through decking environmental impact awareness and decking sustainability certifications. Innovations in decking thermal expansion management and reliable decking railing components also boost product appeal. Finally, decking maintenance tips help users preserve long-term value and aesthetics.
- Cost comparison, warranty information, and decking surface texture are crucial performance metrics for consumers, while decking material dimensions and substructure design influence structural load capacities. Plastic lumber decking and decking fastener types are other areas of ongoing research and development, with the potential to further expand the market's scope. The composite decking industry remains committed to meeting evolving customer demands while adhering to stringent safety and sustainability regulations.
Dive into Technavio's robust research methodology, blending expert interviews, extensive data synthesis, and validated models for unparalleled Composite Decking Market insights. See full methodology.
|
Market Scope |
|
|
Report Coverage |
Details |
|
Page number |
198 |
|
Base year |
2024 |
|
Historic period |
2019-2023 |
|
Forecast period |
2025-2029 |
|
Growth momentum & CAGR |
Accelerate at a CAGR of 16.6% |
|
Market growth 2025-2029 |
USD 3995.9 million |
|
Market structure |
Fragmented |
|
YoY growth 2024-2025(%) |
14.7 |
|
Key countries |
US, China, UK, India, Germany, Canada, South Korea, France, Japan, Italy, Brazil, and UAE |
|
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
What are the Key Data Covered in this Composite Decking Market Research and Growth Report?
- CAGR of the Composite Decking industry during the forecast period
- Detailed information on factors that will drive the growth and forecasting between 2025 and 2029
- Precise estimation of the size of the market and its contribution of the industry in focus to the parent market
- Accurate predictions about upcoming growth and trends and changes in consumer behaviour
- Growth of the market across North America, Europe, APAC, South America, and Middle East and Africa
- Thorough analysis of the market's competitive landscape and detailed information about companies
- Comprehensive analysis of factors that will challenge the composite decking market growth of industry companies
We can help! Our analysts can customize this composite decking market research report to meet your requirements.