Overview

Solid foundation: A strengthening housing market is expected to foster industry expansion

IBISWorld’s Deck & Patio Construction market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

REPORT SNAPSHOT

Market Share of Companies
There are no companies with a dominant market share in this industry
Industry Statistics & Market Size
Revenue
$819m
Annual Growth
11-16
5.5%
Annual Growth
16-21
Profit
Employment
4,474
Business
2,172

Industry Threats & Opportunities

  • An uptick in housing starts has led to increased demand for new decks and patios
  • Industry operators have benefited from the economy’s overall expansion
  • Demand for more discretionary remodeling projects is forecast to recover

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    Industry Analysis & Industry Trends

    Demand for deck and patio construction is heavily correlated with the housing sector and, as a result, revenue for the industry has been moderately volatile over the five years to 2016. Lingering effects from the recession caused the housing market to recover slower than the rest of the economy early in the five-year period. However, improving economic conditions, coupled with record-low interest rates, enabled the residential construction market to grow rapidly in recent years, benefiting industry participants. Over the five years to 2021, the Deck and Patio Construction industry is set to expand, albeit more slowly...

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    Industry Report - Industry Locations Chapter

    Small, regionally based establishments characterize this industry. Activity is geographically dispersed in a pattern that generally corresponds with the distribution of population and economic activity across the United States. Contractors are generally located near population centers and major consumer markets, including residences, commercial buildings, offices and institutional buildings. Aside from population centers, deck and patio construction tends to be more heavily concentrated in the warmer climates of the Southeast and West regions.

    The Southeast region accounts for 24.7% of industry establishments, which is roughly in line with the region's share of the nation's population and economic activity. Wit..

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    Additional Insights for the Deck & Patio Construction Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Deck & Patio Construction Industry are

  • Having a good reputation
  • Access to niche markets
  • Having contacts within key markets
  • IBISWorld analysts also discuss how external factors such as Housing starts and Private spending on home improvements in the Deck & Patio Construction industry impact industry performance..

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    Look under the hood?

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    Industry Products

    What is the Deck & Patio Construction Industry?

    This industry constructs outdoor living areas, including decks and patios, for residential and commercial clients. Industry operators perform new construction, reconstruction and repairs.

    Industry Products
    Wood Decks
    Composite Decks
    Patios
    Industry Activities
    Constructing decks
    Constructing patios
    Constructing sunrooms
    Installing outdoor kitchens
    Installing outdoor media centers
    Installing windows
    Installing doors
    Inspecting decks
    Cleaning outdoor living areas

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Housing starts
  • Private spending on home improvements
  • Homeownership rate
  • Price of sawmill lumber
  • Value of residential construction

  • Current Performance
  • Rough start
  • Fortunes change
  • Profit
  • Chart: Revenue Growth

  • Industry Outlook
  • Increased spending on remodeling
  • More houses, more demand
  • Alternative materials
  • Table: Deck & Patio Construction Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Deck & Patio Construction Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Home Builders
  • Apartment & Condominium Construction
  • Commercial Building Construction
  • Municipal Building Construction

  • Key Selling Industries
  • Construction
  • Finance and Insurance
  • Heavy Equipment Rental
  • Lumber Wholesaling
  • Tool & Hardware Wholesaling

  • Products & Services
  • Patios
  • Wood Decks
  • Composite Decks
  • Chart: Deck & Patio Construction Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Residential buildings
  • Non-residential buildings
  • Chart: Major Market Segmentation for the Deck & Patio Construction Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Wages
  • Purchases
  • Marketing and other costs
  • Chart: Cost Structure Benchmarking – Sector vs Deck & Patio Construction

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Deck & Patio Construction Industry

  • Industry Globalization
    Major Companies
    There are no major players in this industry
    Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Deck & Patio Construction Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Deck & Patio Construction Industry
    Includes:
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Wages (2007-2021)
  • Private spending on home improvements (2007-2021)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
    Foreclosure
  • A legal proceeding that bars or extinguishes a mortgagor's right of redeeming a mortgaged estate.
  • Polyvinyl Chloride (Pvc)
  • A popular plastic widely used in construction.
  • Reconstruction
  • The rebuilding of something after it has been destroyed.
  • Sunroom
  • A glass-enclosed porch or living room with a sunny exposure; also known as a sun parlor.
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Deck & Patio Construction:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Deck & Patio Construction market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Deck & Patio Construction, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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