India Composite Decking & Railing Market (2025-2031) Outlook | Value, Industry, Forecast, Companies, Trends, Growth, Size, Share, Revenue & Analysis

Market Forecast By Type (Capped , Uncapped), By Resin Type (Polyethylene, Polypropylene, Polyvinylchloride, Others), By Application (Residential , Non-Residential) And Competitive Landscape
Product Code: ETC4512925 Publication Date: Jul 2023 Product Type: Report
Publisher: 6Wresearch No. of Pages: 85 No. of Figures: 45 No. of Tables: 25

India Composite Decking & Railing Market Import Shipment Trend (2020-2024)

The India composite decking & railing market import shipment demonstrated robust expansion with a CAGR of 18.2% from 2020 to 2024. The growth rate spiked notably by 47.7% between 2023 and 2024, indicating accelerating momentum and a strong upward trend in market demand.

Graph Showing India composite decking & railing market Shipment Trend & Volume from 2020-2024

India Composite Decking Railing Market Overview

The India Composite Decking Railing Market is expanding in tandem with the construction and real estate industries. Composite decking and railing systems are gaining popularity as sustainable, low-maintenance alternatives to traditional wood decking. With growing environmental consciousness and the need for durable outdoor construction materials, composite decking and railing systems are witnessing robust demand. As India continues to urbanize and invest in modern infrastructure, the composite decking and railing market is expected to grow further.

Drivers of the Market

The India Composite Decking and Railing Market is on a growth trajectory due to several key drivers. First, the increasing awareness of the environmental impact of traditional wood decking and the need for sustainable outdoor building materials are driving the market. Composite decking and railing materials offer durability, low maintenance, and resistance to environmental factors, making them an attractive choice for outdoor applications. Second, the growing construction and real estate sectors in India have led to a higher demand for outdoor living spaces, fueling the use of composite decking and railing materials. Third, the development of innovative composite formulations and designs in India has expanded the market by providing a wide range of options to consumers. Moreover, government initiatives promoting sustainable construction and affordable housing are supporting the use of composite materials, further propelling market growth.

Challenges of the Market

In the India composite decking railing market, an important challenge is the perception of high initial costs compared to traditional wood decking. While composite materials offer durability and low maintenance, they often require a larger upfront investment. Educating consumers and builders about the long-term cost savings and environmental benefits of composite materials is crucial. Furthermore, the industry must contend with evolving customer preferences and the need for continuous product innovation to meet changing aesthetics and performance requirements.

COVID-19 Impact on the Market

The India Composite Decking Railing market experienced a decline in demand during the pandemic, primarily due to reduced construction and renovation activities. As people invest more in their outdoor living spaces, the market is expected to recover.

Key Players in the Market

Prominent players in the India composite decking and railing market include Fiberon LLC, Trex Company, Inc, AZEK Company Inc, Advanced Environmental Recycling Technologies, Inc, and Green Plank AB.

Key Highlights of the Report:

  • India Composite Decking & Railing Market Outlook
  • Market Size of India Composite Decking & Railing Market, 2024
  • Forecast of India Composite Decking & Railing Market, 2031
  • Historical Data and Forecast of India Composite Decking & Railing Revenues & Volume for the Period 2021-2031
  • India Composite Decking & Railing Market Trend Evolution
  • India Composite Decking & Railing Market Drivers and Challenges
  • India Composite Decking & Railing Price Trends
  • India Composite Decking & Railing Porter's Five Forces
  • India Composite Decking & Railing Industry Life Cycle
  • Historical Data and Forecast of India Composite Decking & Railing Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of India Composite Decking & Railing Market Revenues & Volume By Capped for the Period 2021-2031
  • Historical Data and Forecast of India Composite Decking & Railing Market Revenues & Volume By Uncapped for the Period 2021-2031
  • Historical Data and Forecast of India Composite Decking & Railing Market Revenues & Volume By Resin Type for the Period 2021-2031
  • Historical Data and Forecast of India Composite Decking & Railing Market Revenues & Volume By Polyethylene for the Period 2021-2031
  • Historical Data and Forecast of India Composite Decking & Railing Market Revenues & Volume By Polypropylene for the Period 2021-2031
  • Historical Data and Forecast of India Composite Decking & Railing Market Revenues & Volume By Polyvinylchloride for the Period 2021-2031
  • Historical Data and Forecast of India Composite Decking & Railing Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of India Composite Decking & Railing Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of India Composite Decking & Railing Market Revenues & Volume By Residential for the Period 2021-2031
  • Historical Data and Forecast of India Composite Decking & Railing Market Revenues & Volume By Non-Residential for the Period 2021-2031
  • India Composite Decking & Railing Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Resin Type
  • Market Opportunity Assessment By Application
  • India Composite Decking & Railing Top Companies Market Share
  • India Composite Decking & Railing Competitive Benchmarking By Technical and Operational Parameters
  • India Composite Decking & Railing Company Profiles
  • India Composite Decking & Railing Key Strategic Recommendations

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1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 India Composite Decking & Railing Market Overview

3.1 India Country Macro Economic Indicators

3.2 India Composite Decking & Railing Market Revenues & Volume, 2021 & 2031F

3.3 India Composite Decking & Railing Market - Industry Life Cycle

3.4 India Composite Decking & Railing Market - Porter's Five Forces

3.5 India Composite Decking & Railing Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 India Composite Decking & Railing Market Revenues & Volume Share, By Resin Type, 2021 & 2031F

3.7 India Composite Decking & Railing Market Revenues & Volume Share, By Application, 2021 & 2031F

4 India Composite Decking & Railing Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing urbanization in India leading to demand for modern construction materials like composite decking and railing.

4.2.2 Growing awareness about the benefits of composite decking and railing such as durability, low maintenance, and eco-friendliness.

4.2.3 Government initiatives promoting sustainable construction practices and the use of eco-friendly materials.

4.3 Market Restraints

4.3.1 High initial cost of composite decking and railing compared to traditional materials like wood.

4.3.2 Lack of awareness and education among consumers and contractors about the advantages and installation process of composite decking and railing.

4.3.3 Limited availability of high-quality composite decking and railing products in the Indian market.

5 India Composite Decking & Railing Market Trends

6 India Composite Decking & Railing Market, By Types

6.1 India Composite Decking & Railing Market, By Type

6.1.1 Overview and Analysis

6.1.2 India Composite Decking & Railing Market Revenues & Volume, By Type, 2021-2031F

6.1.3 India Composite Decking & Railing Market Revenues & Volume, By Capped , 2021-2031F

6.1.4 India Composite Decking & Railing Market Revenues & Volume, By Uncapped, 2021-2031F

6.2 India Composite Decking & Railing Market, By Resin Type

6.2.1 Overview and Analysis

6.2.2 India Composite Decking & Railing Market Revenues & Volume, By Polyethylene, 2021-2031F

6.2.3 India Composite Decking & Railing Market Revenues & Volume, By Polypropylene, 2021-2031F

6.2.4 India Composite Decking & Railing Market Revenues & Volume, By Polyvinylchloride, 2021-2031F

6.2.5 India Composite Decking & Railing Market Revenues & Volume, By Others, 2021-2031F

6.3 India Composite Decking & Railing Market, By Application

6.3.1 Overview and Analysis

6.3.2 India Composite Decking & Railing Market Revenues & Volume, By Residential , 2021-2031F

6.3.3 India Composite Decking & Railing Market Revenues & Volume, By Non-Residential, 2021-2031F

7 India Composite Decking & Railing Market Import-Export Trade Statistics

7.1 India Composite Decking & Railing Market Export to Major Countries

7.2 India Composite Decking & Railing Market Imports from Major Countries

8 India Composite Decking & Railing Market Key Performance Indicators

8.1 Number of new construction projects opting for composite decking and railing materials.

8.2 Percentage increase in the usage of composite decking and railing in the construction industry.

8.3 Growth in the number of composite decking and railing manufacturers and suppliers in India.

8.4 Average installation time for composite decking and railing projects.

8.5 Customer satisfaction ratings and feedback on the performance and longevity of composite decking and railing products.

9 India Composite Decking & Railing Market - Opportunity Assessment

9.1 India Composite Decking & Railing Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 India Composite Decking & Railing Market Opportunity Assessment, By Resin Type, 2021 & 2031F

9.3 India Composite Decking & Railing Market Opportunity Assessment, By Application, 2021 & 2031F

10 India Composite Decking & Railing Market - Competitive Landscape

10.1 India Composite Decking & Railing Market Revenue Share, By Companies, 2024

10.2 India Composite Decking & Railing Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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