Azek IPO Presentation Deck
68%
Homeowners Investing More in Outdoor Living
Homeowners are adding on decks and renovating patios to create entertaining and living spaces that add more
functional square footage; the broader Outdoor Living category represents "$18 billion opportunity
OUTDOOR LIVING POPULARITY IS GROWING (2)
SELECTED OUTDOOR LIVING SPACES
(2019 % of respondents reporting popularity increasing, net)
Decks
#1
Outdoor
Living
Space
57%
#2
Blended
Indoor/
Outdoor
Space
30%
#3
Exterior /
Security
Lighting
COVID-19 stay-at-home orders may provide a catalyst for
increased investment in Outdoor Living spaces
Pergolas
THE
AZEK
COMPANY
Outdoor Kitchens
Indoor/Outdoor Spaces
-10% of exterior remodeling projects are financed
through home equity lines of credit
Composite products are benefitting from growth in the Outdoor Living market given their high
durability and low maintenance; our broad portfolio allows us to expand our market opportunity
1.Teta U.S. market sales of wood and wood look siding pavers, outdoor furniture and outdoor lighting were $10.9 billion in 2018 according to Freedonia, and when combined with the total U.S.
market sales of deck, rail and trim, according to Principio, in 2013, totaled $18.1 bilion in 2018 2 AA 02 2019 Home Design Trends Survey. 3. Census Bureau Deta-2017 American Housing Survey
Exterior remodeling includes porches, decks, pocios and terraces
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