The global teak deck market has achieved remarkable growth and is estimated to exceed 1.27 billion USD by 2031.
The global teak deck market is riding a wave of success, providing luxury and durability to outdoor spaces. According to recent market reports, the global teak decking market achieved approximately \$864.87 million in revenue in 2022 and is expected to surge to an estimated \$1.2742 billion by 2031. This significant growth is driven by strong compound annual growth. The growth rate (CAGR) for the period from 2023 to 2031 is projected to be 4.4%. Teak decking, highly valued for its elegance and resilience, is made from the wood of Tectona grandis, which is native to the lush forests of South and Southeast Asia. Known for its initial golden hues, smooth texture, and exquisite grain, teak decking is equally appreciated by architects, designers, and homeowners. Its excellent durability, strength, and natural resistance to harsh weather conditions and decay, even when left untreated, make it a popular choice for decking applications. You can check the application method by clicking the [PDF Download] button or apply directly through the related links.
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Overview of Segmentation The global teak decking market is classified based on grade, application, and region. By Grade - First European Quality - Middle Eastern Quality - Free Alongside By Application - Marine - Hospitality and Tourism - Architecture and Construction - Others Key Companies: - Accord Floors - Advantage Lumber LLC - Balaji Timber and Plywood Pvt Ltd - Comilegno Srl - ETT Fine Woods - Friends Timber - GGI Myanmar - Global Teak Inc - Metsa Group - Mys-Teak Holdings Inc - Starwood Veneers Pvt Ltd - Tank Group - Teak Resources Co - Teakdecking Systems - West Fraser Timber Co. Ltd
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