According to the research report titled ‘Europe Wooden Decking Market Size By Application, By Type, By End-user, Research Report, Country Outlook, Price Trends, Growth Prospects, Competitive Industry Share & Forecasts, 2021 - 2027’, available with Market Study Report, Europe wooden decking market is slated to record a strong compound annual growth rate over 2021-2027.
 

As per the report findings, wooden decking market in Europe is largely driven by high product demand for construction of luxury homes. Moreover, natural appearance, easy maintenance, pleasant smell, high durability, and availability of a variety of woods will continue to drive the the demand for wooden decks in outdoor spaces.
 

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Further, growing focus of homeowners, designers, and furniture makers towards maximize outdoor living through spaces such as porches, patios, backyards, gardens, balconies, terraces, and swimming pools due to increasing restrictions for outdoor activities amid the pandemic is generating lucrative prospects for the industry.
 

Furthermore, increasing consumer expenditure on timber products due to changing décor trends are enhancing Europe wooden decking market outlook. Moreover, high timber import in the Netherlands, Belgium, Germany, and France are favoring the business landscape. Apart from this, the availability of cheaper wood materials like softwoods has been stimulating outdoor ideas among consumers, thereby positively impacting the industry remuneration scope.
 

Even though the industry saw a decline of over 11% in 2020 due to the pandemic, many new green structures might come up across the region as mass vaccination can possibly stabilize the economy, in turn, will bolster the industry development.
 

Based on type, pressure-treated wood, cedar, and redwood are the key segments covered in the research. Seasoned forecasters predict that pressure-treated wood segment is anticipated to hold around 45% share of Europe wooden decking market share by the end of the forecast period, owing to increased demand from deck designers and homeowners due to its better weather resistance and enhanced durability.
 

Moving on to the end user spectrum, the business space is categorized into residential and non-residential which are further divided into new construction and repair/replacement. Among these, the residential sector is poised to outperform the commercial and non-residential sectors in terms of remuneration due to the ongoing pandemic. The segment held over 70% of the total market share in 2020, attributable to increasing urbanization across several metropolitan cities in the region.
 

Prominent players in Europe wooden decking industry sphere are the Millboard Company Ltd., BSW Timber Ltd., Buyrite Enterprises Ltd., Top Timber SL, Iperwood S.r.l., Parlato S.r.l., EasyDeck, JAF International Services GmbH, Thermory AS, Metsa Group, Alfresco Floors Ltd., Koppers Holdings Inc., and Vetedy Group.