#Reclaimed Lumber Market
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#Reclaimed Lumber Market#Global Reclaimed Lumber Market#Global Reclaimed Lumber Market Share#Global Reclaimed Lumber Market Growth
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Reclaimed Lumber Market Growth
The global reclaimed lumber market is on the rise! Valued at USD59.7B in 2023, it’s projected to hit USD86.6B by 2032 with a CAGR of 4.23%. Driven by sustainability, eco-consciousness, and growing industries, this market is shaping a greener future. Learn more!
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Wooden Decking Market - Forecast(2024 - 2030)
Wooden Decking Market size is forecast to reach $34.8 billion by 2030, after growing at a CAGR of 2.9% during 2024–2030. Growing construction activities and rising disposable income are the major factors expected to drive the growth of the wooden decking market. In addition, increasing demand for higher standard of living, rapid #industrialization, increasing demand for wood #decking in schools, hotels, and others are some of the other factors driving wooden decking market. In the wooden decking market, a notable trend is the increasing popularity of #sustainable and eco-friendly materials. Consumers are showing a growing preference for responsibly sourced wood, such as certified hardwoods and reclaimed timber, reflecting a broader commitment to #environmental #conservation. Another trend involves the integration of technology in wooden decking solutions, with the incorporation of smart features like LED lighting, wireless charging, and remote-controlled systems. This convergence of aesthetics and #functionality caters to a modern lifestyle, enhancing the overall appeal and usability of wooden decks in residential and commercial spaces. In addition, customer preference for green buildings, sustained investment in commercial real estate, and increased demand for wooden decking from commercial and residential sectors, increased private non-residential #expenditure and public non-residential expenditure are some of the other factors expected to drive the global wooden decking market.
Covid Impact
The COVID-19 pandemic has had a notable impact on the wooden decking market, influencing various aspects of production, supply chains, and consumer behavior. In the initial phases of the pandemic, global lockdowns, travel restrictions, and disruptions in labor availability led to challenges in the supply chain for wooden decking materials. The closure of manufacturing facilities and restrictions on transportation affected the timely delivery of raw materials, causing delays in production and distribution. he construction industry, a significant consumer of wooden decking, experienced a slowdown as a result of pandemic-related disruptions. Many construction projects were put on hold or delayed, impacting the demand for decking materials. Uncertainty about the economic outlook also led some consumers to postpone or reconsider home improvement projects, affecting the market. The wooden decking market demonstrated resilience as it adapted to the challenges posed by the pandemic. Manufacturers and suppliers implemented safety measures in their operations, and innovations in virtual consultations and digital tools emerged to facilitate remote decision-making for consumers planning home improvement projects.
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Report Coverage
The report: “Wooden Decking Market– Forecast (2024–2030)”, by IndustryARC, covers an in-depth analysis of the following segments of the Wooden Decking Industry.
By Type: Redwood, Tropical Hardwood, Pressure Treated Wood, Cedar and Others
By Application: Railing, Floor, Wall, Water and Waste Management, Tunnel and Landfills, Bridge and Highways and Others
By End Use Industry: Residential, Non-Residential
For More Details On This Report- Request For Sample
Key Takeaways
A wooden deck can keep a comfortable temperature even on a warm day, while plastic can get uncomfortably hot, as these decks are made up of composite lumber, treated lumber, and composite material. Therefore, the use of wooden decks in residential and nonresidential buildings has increased.
The growing construction industry in the United States is projected to propel the North American wooden decking market, during the forecast period.
The major factors driving the market is, increase in remodeling and refurbishment activities and demand for lavish infrastructure in developed nations.
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Type — Segment Analysis
Pressure treated wood held the largest share in the wooden decking market in 2023, as it can withstand in icy and moist weather conditions, and is durable and long lasting. In addition, pressure-treated wood is resistant to insects, rots and internal decay. Pressure treated lumber decks are also cheaper than cedar and redwood with the same quality. The only drawback of these decks is higher maintenance due to inconsistent appearance, splitting and easy staining.
End-User Industry — Segment Analysis
The residential segment held the largest share in the wooden decking market in 2023 and is growing at a CAGR of 3.2% through 2030. In the residential sector, wooden decking is used for both new construction and repair as well as renovation of houses. It is used for a wide range of purposes in residential building, such as cladding and siding, swimming pool decks, pathways, flooring and so on. The growing demand for residential projects worldwide is expected to drive the wooden decking market during the forecast period.
Geography — Segment Analysis
North America held the largest share in the wooden decking market in 2023 at 34%, owning to rising urbanization, large scale investments in infrastructure & industrial sectors, and rising construction activities in the region. The properties offered by wooden decks such as durability, sustainability, stability, splinter & rot resistance, and enhanced appearance is useful in application areas such as marinas, pool areas, resorts, docks, patios, hotels and others. The increase in disposable income of the urban population stimulates the construction of new houses in the region, which leads to an increase in demand for wooden decks.
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Drivers — Wooden Decking Market
• Growing construction activities.
Growth in the global wood decking market is attributed primarily due to the rapid increase in construction activities. Due to its ease of design, flexibility and adaptability to various purposes, wooden decking is used in a variety of homes to create patios, landscaping for gardens or for expanding the living area. Due to its long lifespan, customers have increasingly opted for wood decks. Increasing expenditure on upgrading homes or outdoor living spaces that include decks, patios and balconies is likely to have a significant impact in the near future on demand for decking material. According to the U.S. Census Bureau, US construction industry worth $2.1 trillion in 2022. Approximately 1.55 million new housing units are planned annually in the U.S. Therefore, the increasing number of houses and increase in construction activities worldwide is driving growth in the wooden decking market.
Challenges — Wooden Decking Market
• Availability of substitute
Substitute availability such as plastic decks is the major factor expected to restrain the growth of the global wooden decking market. Keeping a wooden deck looking and feeling new, can take quite a bit of maintenance. Availability and price of wooden decking are determined by location. Although wooden decking comes at a lower upfront cost, the cost of maintenance will accumulate. Whilst a plastic deck requires nothing but a good wash once in a while. Therefore, owning to these factors customers may prefer plastics decks which act as a restraint to the wooden decking market growth.
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Market Landscape
Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Wooden Decking Market. In 2023, the market of Wooden Decking Market has been consolidated by the top five players accounting for of the share. Major players in the Wooden Decking market are
• UPM- Corporation
• Weyerhaeuser Company
• West Fraser Timber Co. Ltd.
• Universal Forest Products, Inc.
• Metsä Group
• Setra Group
• James Latham plc
• Cox Industries Inc.
• Humboldt Redwood Company and Mendocino Redwood Company
• Vetedy Group.
For More Chemicals and Materials Market Reports, Please Click Here
#woodendecking#outdoorliving#homeimprovement#deckingmarket#sustainabledecking#deckdesign#wooddeck#compositedecking#deckingideas#backyarddeck#ecofriendly#deckingmaterials#hardwooddecking#timberdecking#Deckbuilders#deckingcontractors#deckingtrends#deckinstallation#deckrenovation.#deckmaintenance is#deckingindustry#deckingsolutions.#deckinginnovation#deckingtechnologies#deckingdesigns#gardenideas#outdoordecor#deckingnorthamerica#Deckingcompanies
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Hand hewn beams are one of today’s most popular choices on the reclaimed lumber market. Hand-hewing is almost a lost art, and these old wooden beams speak to the simplicity and beauty of hand-crafted products. Hand hewn beams from Modern Timber Craft will add timeless appeal to any room.
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Low-Cost Packaging: Available Second Hand Pallets For Sale
In some circumstances, their reclaimed second hand pallets for sale are preferable to hardwood pallets despite their higher cost. Plastic may be used in areas with severe chemicals since it is more resistant than wood to some types of acids and alkalis.
While buy export pallets do not require nails, wooden pallets are fastened together with nails, which means that any nails used on plastic pallets might possibly break any delicate objects being transported. These are but a few of the benefits of purchasing plastic pallets.
Look at Inexpensive Storage Options in Various Sizes
Determining the cost of storing products in a warehouse is straightforward if you understand the main strategies utilised by storage facilities Euro pallet size firms to set their prices. Because using these pallets will assist bring fine and sterilised items to market much faster, the reliable pallet providers in Melbourne urge businesses to utilise them to better their exports and various business operations. They do this by applying heat treatment processes.
They can relieve pressure on their natural bushland and save the fragile ecosystems that are in danger of collapsing by recycling pallets. As Australian company owners and operators, it is their responsibility to take all reasonable steps to protect the biodiversity and beauty of the areas in which our operations are located.
Enhanced in the Handling of Hazardous Materials
One of the main reasons plastic pallets are the finest export pallets is that they handle hazardous chemicals safer than wooden ones. It is best to cure the lumber before using it to make wooden pallets since the wood may contain fungus, moulds, insects, diseases, and other things.
This might damage the goods during transportation and cause financial loss as well. Because plastic pallets don't harbour pesticides or diseases, using them will assist you stay clear of these problems. Furthermore, they are easily cleaned, guaranteeing the hygienic part as well.
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Use Concrete Crushing from Local Recyclers for a Cost-effective Landscaping Solution!
If property owners are looking for useful but affordable landscaping materials, they can buy concrete crushing from well-known recycling material suppliers locally.
Both residential and commercial property owners can buy environmentally friendly and cost-effective crushed concrete and garden supplies in Melbourne for landscaping at an affordable cost.
Usually, some well-known recycling services collect used concrete from construction sites and recycle it to turn it into useful crushed to prepare driveways, pathways, sideway walking or parking and gathering spaces in commercial premises.
They provide organic mulch, topsoil, and compost by collecting wood waste and other organic waste from many commercial and residential sources.
Reasons to Purchase Recycled Organic Materials for Landscaping:
Renowned concrete recycling companies offer precisely ground and crushed construction debris and concrete that can be used to create long-lasting driveways, parking lots, pathways, backfilling trenches, filling gaps, stabilising slopes, shorelines, or drainage channels.
Additionally, a quick and inexpensive way to protect vulnerable areas from soil erosion and water damage is to use high-quality recycled building materials from reputable suppliers.
Reputable suppliers provide high-quality recycled materials that are versatile, resistant to extreme weather and soil erosion, and useful for a range of outdoor projects that enhance the area's aesthetic appeal. They specialise in gathering, processing, and providing recycled materials at a significantly lower cost.
When compared to using typical construction materials, builders and property owners can save a significant amount of money by working with reputable companies that specialise in the collection, processing, and supply of recycled materials. They make high-quality crushed concrete accessible, making it possible to build driveways, walkways around pools, and other structures.
Furthermore, using reclaimed concrete is good for the environment. This procedure lessens the need for virgin resources and the carbon footprint associated with producing concrete.
For environmentally-conscious builders and landowners, this process—which uses recycled concrete and lumber waste—increases the focus on sustainability.
Find a Reputable Recycling Company:
It is important to search for a reputable recycling provider in a nearby area online to ensure sustainable construction methods and obtain high-quality recycled materials.
Check their reviews or feedback online, ask for any recommendations from friends, family or colleagues, and visit their social media to gauge their customer support service.
Additionally, email or call them to learn more about their services, pricing, transparency, delivery support, and reliability. Compare these factors in the market and ask them whether they have any after-delivery support if anything goes wrong with their products or services.
Finally, select the right supplier and get cost-effective landscaping solutions at a reasonable price.
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Composite Decking vs. Wood What’s the Difference
You’ve officially decided to create your own outdoor oasis at home by building a deck! Now, the question that remains is, what are you going to build that deck out of?
For years, natural wood has been the go-to decking material. However, engineered materials that have come onto the market more recently, like composite decking, offer many advantages and can even lead to long-term savings. Is wood or composite decking right for your project? Learn more about the differences between these two materials so you can make the right decision for your home and budget. What is Composite Decking?
Composite decking has been around since the late 1980s and has experienced a steady growth in popularity over the past several years. Composite decking is simply wood fibers encased in plastic. Surprisingly, this material is a big hit with eco-conscious customers because it is usually made from recycled plastics and reclaimed organic wood and sawdust. Composite decking material is available in a wide range of colors, patterns, and textures. It’s also resistant to water damage, fading, and other types of wear and tear you would expect from being constantly exposed to the elements.
What is Wood Decking?
Lumber refers to organic wood that has been processed and cut into planks suitable for construction. The properties of the wood may vary depending on what type of tree it came from. For example, hardwoods like teak, garapa, and ipe are generally considered more durable. Softwoods like cedar are easier to work with and can be pressure-treated to be more resistant. Wood naturally comes in various shades of brown but can be stained in a variety of colors. People love the natural, authentic look and texture of organic wood.
Composite Decking vs. Wood Decking The main difference between wood decking and composite decking is that wood is a natural material while composite is man-made. As a result, manufacturers have developed composite to have many of the same benefits of wood—namely, its aesthetics and versatility—but with a longer lifespan and lower maintenance needs. As a result, however, composite decking is usually more expensive per square foot at initial installation.
The Pros & Cons of Composite Decking vs. Wood
Pros of Composite Decking
Because it contains plastic, composite decking material repels moisture instead of absorbing it. As a result, it won’t warp, splinter, crack, or rot. Wood-destroying insects and rodents cannot chew through composite decking boards either, giving them superior durability. As a result, your composite deck can last up to 50 years before it needs to be replaced. Maintenance is a relatively simple process. Once or twice a year, you should spray your deck with a power washer or give it a good scrub with soap and water. Otherwise, sweeping away any debris like dirt and leaves will keep your deck looking great.
Composite decking boards can be cut and fastened just like regular wood boards. One additional advantage they have over wood is that they can also be bent with the application of heat to create curved sections of the deck. Newer composite materials are specially engineered to remain cool even in direct sunlight on the hottest summer days. Cons of Composite Decking
There are a few drawbacks to using composite decking. First and foremost, the materials cost more per square foot. The next concern is aesthetics. Some people don’t like composite because it doesn’t look natural enough. Composite decking comes in many different colors, but it is hard to paint or stain your deck a new color once you’ve installed it. Some composite materials that haven’t been designed with cooling technology can retain heat and reach up to 150 degrees Fahrenheit in the sun. Since it doesn’t absorb water, it is more likely to present a slipping hazard after precipitation. Pros of Wood Decking
One of the main benefits of using wood is for aesthetic reasons. Real wood doesn’t just “look natural”—it is! Plus, if you want to change up the look of your deck, it’s easy to stain the wood to a different color. Another great thing about wood is that it can be much cheaper than composite—though this does depend on the type of lumber you use. There are also some people who would argue that using wood is better for the environment because it is a completely organic material, and trees can be replanted. However, composite materials reuse materials that would otherwise end up in landfills and don’t require new trees to be cut down, so the jury is still out on which material is more sustainable. Depending on the type of composite, wood may or may not be cooler. Cons of Wood Decking
Wood absorbs water, making it susceptible to warping, cracking, splintering, molding, and rotting. Water damage also makes wood more vulnerable to damage from insects and rodents. To help minimize the effects of environmental damage, you should sand, stain, seal, and paint your deck every two to five years. Like composite decking, you should clean it semi-annually.
Wood decking material will also fade with exposure to direct sunlight, and regular wood will get hotter on a summer’s day than composite planks with cooling technology. Even with regular maintenance, your wood decking can last up to 30 years at most. In reality, it will probably be closer to 10 to 20 years. Cost of Composite Decking vs. Wood
Cost is one of the most important factors to consider when planning a home improvement project. There are two different costs to consider: installation cost and maintenance cost. The installation cost is the upfront cost you will pay to build the deck. The overall installation cost depends on the cost of the material and how big your deck is. Composite decking cost
Composite decking usually costs between $30-$60 per square foot. If you build a 7’ by 12’ deck, you’ll spend around $3000 to $5000. Composite decking cost
Wood, on the other hand, starts at around $15 per square foot and tops off around $30-$40 per square foot. This makes the total upfront cost of your deck closer to $1000-$2000. Just looking at installation costs, wood comes out as the cheaper material. However, wood decks require extensive maintenance, including regular sanding, staining, and sealing to prevent water, pest, and sun damage, whereas composite decking only requires occasional cleaning once installed. The cost of maintaining composite decking is usually no more than a few hundred dollars each year, but it can be up to $1000 a year for wood. Over time, that difference can really add up. Composite decking will cost less over the course of its entire lifetime, and you will get more years of use out of it. How to Choose Between Composite Decking vs. Wood
There are many factors to consider when choosing the right material for your decking project, including cost, aesthetics, maintenance, durability, and sustainability. Though composite offers some unique features and benefits, the “right” choice ultimately comes down to your budget, lifestyle, and preferences. If you live in an area that doesn’t get a lot of rain or you are committed to the upkeep required for a more natural look, wood might be a great option. However, if you live in a damp climate and want to enjoy your deck with minimal yearly work and costs, you’re probably better off opting for composite. Get Composite and Wood Decking in Tulsa
Whether you’re considering wood or composite for your decking project, DeckIt is your premium supplier for decking materials in Tulsa, Oklahoma. We offer several high-quality varieties of wood and composite decking materials for every style and project. Contact us today to learn more about our options and get started on your deck.
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Global Reclaimed Lumber Market Assessment, Opportunities, and Forecast, 2030
Global Reclaimed Lumber Market size was valued at USD 51.12 billion in 2022, which is expected to grow to USD 74.38 billion in 2030 with a CAGR of 4.8% during the forecast period between 2023 and 2030. Several drivers propel the escalated demand for reclaimed lumber. At the forefront is the burgeoning focus on sustainability and responsible environmental practices within numerous industries. Reclaimed lumber, epitomizing recycled wood sourced from deconstructed buildings or repurposed structures, stands in harmony with these principles by diminishing the necessity for freshly harvested timber and alleviating the pressure on forests and ecosystems. Moreover, reclaimed lumber has distinctive aesthetic benefits and appeal beyond its ecological benefits. Its weathered characteristics, diverse patinas, and varying grain patterns make it an appealing option for architects, designers, and homeowners aiming to imbue spaces with a genuine sense of history and authenticity, aligning seamlessly with the growing preference for eco-conscious and unique furniture and design elements. Additionally, the versatility of reclaimed lumber further strengthens demand.
Furthermore, support from regulatory frameworks and a growing recognition of the advantages of reclaimed lumber has firmly established its adoption in various countries. Governments and organizations progressively acknowledge the significance of sustainable methodologies, thus actively encouraging the utilization of reclaimed wood through various applications such as construction, furniture manufacturing, and interior design.
Sample Report- https://www.marketsandata.com/industry-reports/reclaimed-lumber-market/sample-request
Rise of Furniture E-commerce to Drive the Demand for Reclaimed Lumber
The surge in furniture demand is a major driving force for the reclaimed lumber market. Consumers increasingly embrace sustainability, and reclaimed lumber offers a sustainable material choice for furniture production by repurposing old wood. Unique aesthetic appeal, characterized by weathered features and diverse patinas provided by reclaimed lumber, aligns well with the growing trend for distinctive and eco-friendly furniture, strengthening the demand for reclaimed lumber. Moreover, the rise of vintage and retro trends in interior design further amplifies the demand for furniture made from reclaimed lumber, contributing to the market’s growth.
For instance, the furniture industry witnessed an average growth of 3.2% during the first half of 2022 compared to the same period in 2021. This rise in sales and the adoption of e-commerce by furniture retailers led to demand growth of reclaimed lumber.
Strong Construction Projects to Raise Reclaimed Lumber Usage
Reclaimed lumber is a cost-effective alternative to new wood, which often comes at a lower price point, especially when compared to premium or old-growth timber, making it an attractive option for cost-conscious construction projects. Additionally, using reclaimed lumber aligns with waste reduction goals and supports the circular economy by repurposing discarded wood. Factors such as local sourcing preferences, regulatory incentives, and increased awareness within the construction industry further fuel the growing demand for reclaimed lumber.
For instance, the building materials sector in India witnessed a 10% growth in 2022 compared to 2021, and the demand for building materials is rising across several countries. Along with strong demand, the growing shift towards sustainability further drives the requirement for reclaimed lumber in the construction sector.
Regulation in Large Scale Infrastructure to Increase Reclaimed Lumber Demand
Large infrastructure and commercial buildings are compelled towards the financial incentives for investing in green buildings and sustainable real estate. Green buildings demonstrate lower operational costs due to their energy-efficient design and reduced resource consumption. Consequently, owners and investors benefit from decreased utility bills and maintenance expenses, ultimately leading to enhanced profitability. Furthermore, the government’s proactive approach in endorsing sustainable and energy-efficient buildings is further raising this shift towards green building.
For instance, certification such Leadership in Energy and Environmental Design (LEED), which aids tax incentives and attract tenants in commercial spaces strengths the demand for reclaimed lumber as it assists in achieving credits such materials and resources credit and indoor environmental quality credit, which contributes to meet the parameters required for certification.
Impact of COVID-19
The COVID-19 pandemic significantly impacted the reclaimed lumber market across various countries. Global supply chain disruptions resulting from restrictions on movement and workforce shortages, affected sourcing and availability of reclaimed lumber. Construction projects, a major consumer of reclaimed lumber experienced delays or suspensions due to lockdowns and economic uncertainty which reduced demand. However, the demand for residential furniture witnessed an exceptional surge from 2020 through early 2022 during the heart of the COVID-19 years. Homeowners notably heightened their investments in both indoor furnishings and outdoor/patio setups, which strengthened the demand for reclaimed lumber.
Future Outlook
Several certifications in various countries such as the Green Homes Grant in the UK and LEED in the United States raises the usage of reclaimed lumber in commercial constructions.
The rising popularity of Cross-Laminated Timber (CLT), which is a more efficient and environmental construction technique drives the growth of reclaimed lumber.
Global Reclaimed Lumber Market: Report Scope
“Reclaimed Lumber Market Assessment, Opportunities and Forecast, 2016-2030F”, is a comprehensive report by Markets and Data, providing in-depth analysis and qualitative & quantitative assessment of the current state of reclaimed lumber fabrics market globally, industry dynamics and challenges. The report includes market size, segmental shares, growth trends, COVID-19 and Russia-Ukraine war impact, opportunities and forecast between 2023 and 2030. Additionally, the report profiles the leading players in the industry mentioning their respective market share, business model, competitive intelligence, etc.
Click here for full report- https://www.marketsandata.com/industry-reports/reclaimed-lumber-market
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Mr. Vivek Gupta 5741 Cleveland street, Suite 120, VA beach, VA, USA 23462 Tel: +1 (757) 343–3258 Email: [email protected] Website: https://www.marketsandata.com
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Bringing a niche product to a mass market
Read the full story from Green Building Advisor. Reclaimed lumber is a niche business. The average homeowner looking to tear up carpeting in place of floorboards or build a new deck isn’t searching their local listings for salvaged boards of rough-sawn red oak or heart pine. They’re going with a local contractor, who is shopping at Home Depot stores, which are typically nowhere near a native…
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Modern Timber Craft: Hand hewn beams are one of today’s most popular choices on the reclaimed lumber market. Hand-hewing is almost (Hand Hewn Beams) a lost art, and these old wooden beams speak to the simplicity and beauty of hand-crafted products. Hand hewn beams from Modern Timber Craft will add timeless appeal to any room.
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