Trend to Higher Priced Composites Widens the Price Spread Compared to Lumber
The middle of the overall decking materials market is not growing, leaving a more polarized and distinctly-defined market with treated lumber at one end and mid- to high-end composites and cellular PVC at the other end. This price spread between composites and treated lumber has been an inhibitor in composite products ability to gain share. With this trend towards the price spread increasing and becoming more sharply defined, the outlook is tempered for composites to be able to take notable market share from treated wood.
Home Centers and Direct Purchases are on the Rise
With nearly 4,500 stores in the US and Canada, home centers make it easy for customers to shop and purchase decking and railing products. In addition, home centers have developed digital marketing platforms to increase online and in-store sales. This strategy is working for the home centers as evidenced by the increasing share of distribution for decking and railing products.
Now Available Principia’s Comprehensive Industry Report on Decking and Railing
Principia’s Residential Decking and Railing 2015 report provides detailed insight and market analysis, which is a key tool for every industry participant’s business planning effort. Using 2014 as its launch point, the report combines primary research with voice of the customer insights from qualitative and quantitative surveys conducted among more than 800 value chain participants and homeowners.
2015 Decking and Railing Report Deliverables
● Decking and railing industry growth forecast to 2017
● Voice of the customer research showing product usage and preference trends
● Distribution trends related to pro channels and the home center retail market
● Market share estimates for 2014 among leading suppliers of synthetic decking and railing
● Supplier/distributor relationships through recent realignment
How to purchase the report:
To purchase the report or learn more about the scope and content covered, please contact Dawn Habgood, VP Research Solutions: dhabgood@principiaconsulting.com.
Source: Principia Consulting