Source: Principa, "Residential Decking & Railing 2013"
Source: Principa, "Residential Decking & Railing 2013"

The 4% annual growth forecast in the residential decking and railing market for 2015 shouldn’t ruffle too many feathers. The latest data from Malvern, Pa.-based consulting firm Principia finds that while demand should total $4.1 billion in 2015, the wood, synthetic, composites, and metal boards and rails segments aren’t likely to swap market share. Rather, dealers are likely to find demand-value drivers in a recovering housing market and a shift in the composite group’s product mix from uncapped toward capped products. As evidence, market leader Trex earlier this year announced it will phase out its entry-level uncapped Accents line while leading buyers to its new capped Select brand.