United States Decks Market Size, Share, and COVID-19 Impact Analysis, By Material (Wood and Composite), By Type (Freestanding and Attached), and United States Decks Market Insights, Industry Trend, Forecasts to 2033

United States Decks Market Insights Forecasts To 2033

• The United States Decks Market Size is Expected to Grow at a CAGR of around 5.4% from 2023 to 2033
• The U.S. decks Market Size is Expected to reach a significant share by 2033.

The US Decks Market size is expected to grow 5.4% CAGR from 2023 to 2033, and is expected to reach a significant share by 2033.  The U.S. decks market is growing steadily, driven by outdoor living trends, sustainable materials, and home renovations. Composite decking is gaining traction, though wood remains the dominant material across applications.

Market Overview

The U.S. decks market involves the construction, installation, and design of outdoor platforms connected to residential or commercial structures, mainly for recreational and functional uses. Such structures are generally composed of materials like pressure-treated wood, composite decking, or PVC and play a central role in developing outdoor living spaces. Moreover, the U.S. decks market is poised for sturdy growth due to increased demand for outdoor living areas, old-housing stock, and home remodeling trends. Growing interest in low-maintenance, environmentally friendly products such as composite decking also boosts expansion. Additionally, businesses are making investments in expansion, partnerships, mergers & acquisitions, and research & development. In January 2022, for instance, The Azek Company, Inc. acquired StruXure Outdoor, Inc., a company that designs and manufactures creative and premium aluminum pergolas and cabanas. The acquisition will strengthen the company's position in outdoor living products and enhance its highly developed product portfolio.

Report Coverage

This research report categorizes the market for the US decks market based on various segments and regions forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the U.S. decks market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the USA decks market.

Driving Factors

The drivers of the U.S. decks market are the growth of telecommuting which motivates home-based lifestyle upgrades, enhanced real estate value from outdoor improvements, and the impact of social media placing emphasis on fashionable outdoor living. Increased do-it-yourself culture coupled with readily installable deck kits further drive consumer interaction and market growth. Moreover, the fast-growing urbanization movement in US, together with a consistent increase in residential as well as business building activities, is propelling growth within the nation. The widespread popularity of renovation and remodeling projects has put additional pressure on decks as property owners actively seek ways to enhance and expand outdoor spaces. This resultant effect is acting as a persuasive driver for the rising demand in the U.S. indicating the vibrant interplay between lifestyle trends and construction.

Restraining Factors

Restraining factors include high material and labor costs, supply chain disruptions, and seasonal limitations in construction. Economic uncertainty and fluctuating interest rates also reduce homeowner spending on non-essential outdoor projects.

Market Segmentation

The U.S. United States decks market share is classified into material and type.

• The wood segment accounted for the largest share of the US decks market in 2023 and is anticipated to grow at a significant CAGR during the forecast period.

On the basis of material, the United States decks market is divided into wood and composite. Among these, the wood segment accounted for the largest share of the United States decks market in 2023 and is anticipated to grow at a significant CAGR during the forecast period. Their popularity arises from natural looks, quick installation, and global availability. Yet, their fast-growing usage has been coming through composite material with its solidity and minimal requirements for maintenance, which is spreading gradually into markets.

• The attached segment accounted for a substantial share of the U.S. Decks market in 2023 and is anticipated to grow at a rapid pace during the projected period.     

On the basis of type, the U.S. Decks market is divided into freestanding, attached. Among these, the attached segment accounted for a substantial share of the U.S. Decks market in 2023 and is anticipated to grow at a rapid pace during the projected period. This is because of their structural integration with dwelling structures, rendering them more stable, accessible, and affordable. They are widely integrated into new home builds and renovations, providing smooth indoor-outdoor living transitions that strongly appeal to homeowners who desire functional and aesthetic outdoor space improvements.  

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the USA decks market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Trex Company, Inc.
• The AZEK Company (TimberTech)
• Fiberon LLC
• Cali Bamboo, LLC
• Deckorators, Inc.
• Lumberock Premium Decking
• Advantage Lumber LLC
• Barrette Outdoor Living, Inc.
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at the USA, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the US decks market based on the below-mentioned segments:

United States Decks Market, By Material

• Wood
• Composite

United States Decks Market, By Type

• Freestanding
• Attached