Decks Market to Reach USD 22.81 Billion by 2032 at 5.72% CAGR

The Global Decks Market is experiencing steady growth, with its size valued at USD 14.62 billion in 2024 and projected to reach USD 22.81 billion by 2032, registering a CAGR of 5.72% during the forecast period of 2025–2032. The expansion of the market is driven by rising consumer demand for functional and aesthetically appealing outdoor spaces, increased construction activity, and the availability of advanced decking materials such as composites, PVC, and eco-friendly alternatives. Decks have become essential features in modern residential and commercial properties, providing spaces for entertainment, relaxation, and dining.

Market Overview

The decks market is evolving with innovations in materials, design, and installation methods. Homeowners and commercial property developers increasingly invest in decks as part of lifestyle improvements, leading to significant market growth. Advanced materials such as composite and PVC decking offer long-term durability, low maintenance, and environmentally friendly alternatives to conventional wood. Modular and flexible deck systems, smart solutions, and intelligent features like LED lighting and app-controlled heating are increasingly popular.

Renovation and remodeling activities are also bolstering demand. As disposable incomes rise and lifestyles shift toward outdoor living, homeowners prioritize decorative, functional exteriors. The market is becoming highly competitive, with producers focusing on affordable pricing, sustainable materials, and product differentiation to capture consumer interest. According to Better Homes & Gardens’ 2025 deck trends, multi-level layouts, built-in seating, earthy color palettes, and low-maintenance designs are shaping modern deck preferences.

Download a Free Sample PDF @ https://www.snsinsider.com/sample-request/7635

Market Dynamics

Drivers:

• Growing Outdoor Living Trends: Rising interest in outdoor spaces is fueling decks market growth. Surveys indicate a 23% increase in spending on exterior home improvements from 2020 to 2023, with over 63% of new single-family homes in the U.S. featuring decks or patios in 2024. Homeowners increasingly use decks as private retreats, reinforcing lifestyle and real estate value.
• Rising Disposable Incomes: Higher earnings allow homeowners to invest in premium materials and design innovations.
• Commercial Development: Hotels, resorts, restaurants, and public spaces increasingly integrate decks to create multi-functional outdoor areas.

Restraints:

• Raw Material Price Fluctuations: Lumber, PVC, and composite resins are subject to volatile prices, disrupting project budgets and construction timelines. For example, U.S. framing lumber prices rose nearly 250% from May 2020 to May 2021. PVC and composite resin costs have similarly surged due to inflation and supply chain pressures, challenging cost stability for manufacturers and buyers.

Segmentation Analysis

By Material:

• Metal Decking: Dominates the market with 66% share due to its durability, strength, and resistance to pests, fire, and warping. Steel and aluminum are preferred for both structural and aesthetic applications.
• Plastics and Composites: Fastest-growing segment driven by durability, low maintenance, and environmental sustainability. Composite materials combine recycled wood fibers and polymers, offering long-term performance and aesthetic appeal.

By Application:

• Flooring: Leads the market with 39% share, as floors form the core functional surface of deck systems for patios, balconies, and rooftops. Durability and weather resistance are primary selection criteria.
• Railing Systems: Fastest-growing application, fueled by safety regulations and design innovations. Modern railings in aluminum, glass, and composite materials provide aesthetic appeal and enhanced safety, aligning with trends in upscale residential and commercial properties.

By End-Use:

• Residential Decks: Dominated the market with 82% share in 2024, reflecting growth in urban development, remodeling, and outdoor living investments.
• Non-Residential Decks: Fastest-growing segment, driven by hospitality, commercial infrastructure, public recreational facilities, and biophilic design trends.

By Method:

• Face Fastening: Leading installation method with 57% share due to affordability, ease of use, and structural reliability.
• Hidden Fastening Systems: Fastest-growing method, providing seamless deck surfaces, enhanced safety, and aesthetic appeal, increasingly preferred for upscale residential and commercial projects.

Regional Outlook

North America: The region dominated the global decks market in 2024, with a 32% share, led by the U.S. and Canada. Strong consumer interest in home renovation, outdoor living, and DIY culture is driving demand. The U.S. decks market is projected to grow from USD 3.46 billion in 2024 to USD 5.22 billion by 2032, at a CAGR of 5.26%. Leading manufacturers such as Trex Company and AZEK provide advanced composite and sustainable materials to meet this demand.

Asia-Pacific: Fastest-growing region due to rapid urbanization, rising disposable incomes, and growing residential and commercial construction. China and India lead adoption, supported by government infrastructure initiatives, lower production costs, and increasing awareness of low-maintenance, eco-friendly decking solutions.

Europe: Significant market share driven by strong architectural standards, environmental consciousness, and sustainable material preferences. Germany, the U.K., France, and Nordic countries lead in residential, hotel, and public infrastructure decking. Growth is moderate but steady, with emphasis on thermally modified timber, recycled composites, and compliance with EU green building regulations.

Key Companies:

Prominent players in the decks market include Trex Company, Inc., Fiberon, METSA WOOD, MoistureShield, The AZEK Company Inc., Thermory, Inovar Floor Industries Sdn Bhd., VETEDY, Deckorators, Inc., and WEARDECK (Owens Corning).

Buy Full Research Report @ https://www.snsinsider.com/checkout/7635

Recent Developments:

• Trex Company (May 2025): Showcased heat-mitigating Transcend Lineage decking and Signature X-Series railing in Palm Springs, made with up to 95% recycled content.
• Fiberon (June 2025): Donated composite decking for a veteran’s outdoor project in Arizona, demonstrating sustainability and community engagement.
• James Hardie (March 2025): Announced acquisition of AZEK Company in an $8.75 billion cash-and-stock deal, marking a major consolidation move in the building supply sector.

Conclusion

The decks market is poised for continued growth, reaching USD 22.81 billion by 2032 at a CAGR of 5.72%. Rising demand for stylish, functional, and sustainable outdoor living spaces, coupled with innovations in materials, installation methods, and design trends, is driving market expansion. While raw material price volatility presents challenges, growth is supported by increasing residential and commercial construction, urbanization, and consumer preference for eco-friendly and low-maintenance decking solutions. Advanced materials, modular systems, and smart deck features will continue to shape market development, positioning decks as a critical element of modern outdoor architecture.

Related Reports

Ultra-Low Temperature Freezers Market

Hydroponics Market

Light Gauge Steel Framing Market

Compressed Air Treatment Equipment Market

About Us:

S&S Insider is one of the leading market research and consulting agencies that dominates the market research industry globally. Our company’s aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the world.

Contact Us:

Rohan Jadhav – Principal Consultant

Phone: +1-315 636 4242 (US) | +44- 20 3290 5010 (UK)

Email: info@snsinsider.com