DUBLIN, September 2, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Timber Decking Market 2016-2020" report to their offering.
The report forecasts the global timber decking market to grow at a CAGR of 4.63% during the period 2016-2020.
Commenting on the report, an analyst from the research 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.
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
- Advanced Environmental Recycling Technologies
- Advantage Trim & Lumber
- Timber Holding USA
- Accsys Technologies
- Cali Bamboo
- East Teak Fine Hardwoods
- Outdoor Structures Australia
- Western Forest Products
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by material
PART 07: Market segmentation by end-user
PART 08: Market segmentation by project type
PART 09: Market segmentation by structural component
PART 10: Geographical segmentation
PART 11: Market drivers
PART 12: Impact of drivers
PART 13: Market challenges
PART 14: Impact of drivers and challenges
PART 15: Market trends
PART 16: Vendor landscape
PART 17: Key vendor analysis
PART 18: About the Author
For more information about this report visit http://www.researchandmarkets.com/research/fdzz5j/global_timber
Related Topics: Wood and Wood Products
Research and Markets
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SOURCE Research and Markets