Deck & Patio Construction
Demand for Deck and Patio Construction industry is heavily correlated with the overall health of the housing market. Over the five years to 2017, the industry experienced revenue gains, fueled by improving credit conditions, rising income levels and an increase in total demand for residential housing. Low interest rates coupled with improving economic conditions helped housing starts and private spending on home improvements increase strongly, benefiting industry operators. Over the five years to 2022, growth for the Deck and Patio Construction industry is projected to continue expanding, albeit at a slower pace, as a significant anticipated deceleration in growth in private spending on home improvements will ultimately hinder further revenue growth.
This industry constructs outdoor living areas, including decks and patios, for residential and commercial clients. Industry operators perform new construction, reconstruction and repairs.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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