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The decking market size is forecast to increase by USD 6.27 billion at a CAGR of 6.51% between 2023 and 2028. The market is experiencing significant growth due to several key factors. First, the shift towards outdoor living spaces and changing lifestyles is driving demand for high-quality decking solutions. This trend is particularly evident in the United States, where homeowners are investing in home improvements to enhance their outdoor living experiences. These alternatives, which include plastic decks, offer benefits like low maintenance and durability, making them attractive options for homeowners. Furthermore, the repair and remodeling sector presents a significant opportunity for growth, as many existing decks require upgrades or replacement. Raw material suppliers are responding to these trends by investing in research and development to produce innovative and sustainable decking solutions. Overall, the market is poised for continued expansion, driven by a combination of consumer preferences, industry trends, and technological advancements.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Product
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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