Timber Decking Market Analysis, Share and Size, Emerging Trends, Overview and Outlook, Growth And Segment Forecasts To 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-timberdecking-market-2016-2020 Commenting on the report, an analyst from Technavio’ s 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 market. The global timber deck market is affected by different external conditions such as holidays, and adverse weather conditions. Most of the vendors experience on a historical basis, lower demand for instance in fourth quarter. One of the main reason is the customer reduce the renovations for home improvement and new construction projects during this period because of severe weather conditions. Apart from seasonality, the timber decking market is subject to different regulations than federal, local and state.