市場調查報告書
商品編碼
1454196
全球複合地板材料市場規模、佔有率、成長分析(按材料類型、產品類型、最終用途)- 產業預測,2024-2031 年Global Composite Decking Market Size, Share, Growth Analysis, By Material Type(Wood-Plastic Composite, Capped Composite), By Product, By End-Use - Industry Forecast 2024-2031 |
複合地板材料的全球市場規模在2022年為33.1億美元,從2023年的38.4億美元成長到2031年的126.9億美元,在預測期內(2024-2031年)預計複合年成長率為16.1%。
由木纖維或木粉和塑膠製成的複合地板材料的全球市場正在超越傳統地板材料,由於其高耐用性、抗腐爛、腐爛和害蟲、低維護要求和長使用壽命,與傳統地板材料相比,它具有許多優勢。木質裝飾材料。都市化是塑膠地板產業向前發展的主要動力,快速成長的人口流向城市和城區。這種變化刺激了對戶外生活和休閒區域的需求,複合地板因其彈性、美觀和易於維護而成為首選。防潮、防黴和防黴進一步增強了其對潮濕環境和水池等水景的適用性。此外,在塑膠地板中使用回收材料符合日益成長的環保意識,並吸引具有永續性意識的消費者。這種趨勢不僅存在於已開發國家,也存在於都市化快速發展的開發中開發中國家。近年來,這些動態推動了全球複合地板市場顯著的年複合成長率(CAGR)。
Global composite decking market size was valued at USD 3.31 billion in 2022 and is poised to grow from USD 3.84 billion in 2023 to USD 12.69 billion by 2031, growing at a CAGR of 16.1% during the forecast period (2024-2031).
The global market for composite decking, composed of wood fibers or flour and plastic, boasts numerous advantages over traditional wood decking, such as heightened durability, resistance to rot, decay, and insects, low maintenance needs, and an extended lifespan. Urbanization serves as a major catalyst propelling the plastic flooring industry forward, with the burgeoning population gravitating towards cities and urban locales. This shift fuels the demand for outdoor living spaces and recreational areas, wherein composite decking emerges as a favored choice due to its resilience, aesthetic appeal, and ease of maintenance. Its resistance to moisture, mold, and mildew further cements its suitability for humid environments or areas near water bodies like pools. Moreover, the utilization of recycled materials in plastic decking aligns with growing environmental consciousness, attracting consumers concerned with sustainability, a trend observed not only in developed nations but also in rapidly urbanizing developing countries. These dynamics collectively contribute to the notable Compound Annual Growth Rate (CAGR) witnessed in the global composite decking market in recent years.
Top-down and bottom-up approaches were used to estimate and validate the size of the global composite decking market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Global Composite Decking Market Segmental Analysis
The global composite decking market can be segmented based on various factors, including material type, product type, end-use application, and geography. Based on material type market is segmented into wood-plastic composite (WPC), capped composite, and uncapped composite. Based on product type market is segmented into solid composite decking, hollow composite decking, and capped vs uncapped. Based on the end-use application type market is segmented into residential and commercial. Based on geography market is segmented into North America, Asia Pacific Region, Europe, Middle East, and Africa.
Drivers of the Global Composite Decking Market
As the pursuit of low-maintenance outdoor living options gains momentum among homeowners, the popularity of composite decking is on the ascent. Composite decking presents numerous benefits over conventional wood decking, boasting durability, resilience against rot and insect infestations, and reduced maintenance needs, all of which contribute to its increasing market demand. This surge is further propelled by the expansion of the residential construction industry, spurred by urbanization, population expansion, and enhancements in living standards, all of which stimulate the need for decking materials. Widely embraced in residential ventures, composite decking finds extensive application in the construction of decks, patios, balconies, and various outdoor living areas.
Restraints in the Global Composite Decking Market
Composite decking generally entails a higher initial expense in contrast to traditional wood decking, potentially dissuading cost-conscious consumers. Nevertheless, composite decking presents enduring value by necessitating less maintenance, lowering lifecycle expenses, and boasting a lengthier lifespan, thereby mitigating the upfront expenditure. To fully capitalize on the market's growth potential, companies ought to concentrate on innovating more economical composite decking alternatives.
Market Trends of the Global Composite Decking Market
In the composite decking market, industry participants may opt to prioritize the integration of innovative material technologies to develop novel product variants boasting superior properties. Emulating the look and texture of traditional materials like wood, while ensuring the durability inherent in composite materials, represents another avenue for companies to explore. Furthermore, embracing eco-friendly materials stands out as a pivotal long-term trend that market players should actively pursue.