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Showing posts with the label New Decks on New Constructions

In-depth Analysis of the COVID-19 Impact on Wooden Decking Market

Wooden decks are manufactured using a primary wooden core structure and lumber. Wooden decks are strong, durable, and capable of bearing enough weight to support home owners enjoy an extended living area. The wooden decking market is expected to witness high growth as a result of the rising urbanization, large-scale investments in infrastructure & industrial sectors, and rising construction activities in emerging economies. The repairs and re modelling segment is projected to have the largest market share and dominate the wooden decking market from 2016 to 2021. New decks on new houses plays a key role in changing the wooden decking landscape and is projected to grow at the second-highest rate during the forecast period. Wooden decking market   size will grow from USD 7.21 Billion in 2015 to USD 7.81 Billion by 2021, at an estimated CAGR of 1.43%. It is projected to witness significant growth in the next few years with the increasing demand for new constructions all over ...