Basically because you can have multiple decorators on the component. From wikipedia on aggregation:
Differences between Composition and
Aggregation
The whole of a composition must have a
multiplicity of 0..1 or 1, indicating
that a part must be for only one
whole. The whole of an aggregation may
have any multiplicity.
also
Composition usually has a strong life
cycle dependency between instances of
the container class and instances of
the contained class(es): If the
container is destroyed, normally every
instance that it contains is destroyed
as well.
note the use of the word 'usually'.
Take a look at the example decorator diagram, also at wikipedia for a clearer example of why this is the case.