Fencing Market Size, Industry Survey and Business Development Analysis till 2030

Posted on 2022-05-20 by researchinsights in Construction // 0 Comments

San Francisco, California , USA, May 20, 2022 — /EPR Network/ —

Fencing Industry Overview

The global fencing market size was valued at USD 27.88 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 5.5% from 2022 to 2030.

An unabated rise in new housing construction, home improvement projects, remodeling activities, and commercial construction is expected to drive the growth of the market over the forecast period. The growing concerns over safety and security coupled with the lower maintenance costs and higher reliability attributes associated with the latest fencing solutions are expected to contribute to the growth of the market.

Gather more insights about the market drivers, restrains and growth of the Global Fencing Market

The demand for fencing products is anticipated to rise in line with the growing need for improving the appearance and increasing the value of the property and the growing availability of lightweight, affordable, and easy-to-install PVC and plastic fences. As such, cost, quality, design, and aesthetic value are emerging among the major customer criteria. Increased spending on institutional construction and the growing government spending for strengthening the physical security of parks, public places, and government premises also bodes well for the growth of the market.

A looming surge in real estate development, growing industrialization, and the aggressive investments public and private organizations are making in the construction industry, especially in emerging countries, such as China and India, are driving the need for physical safety and security solutions. Increasing instances of security breaches and the subsequent need for innovative safety and security solutions are prompting market players to offer enhanced fencing solutions in line with the continuously evolving end-user demands, thereby contributing to the growth of the market.

Eco-friendly fencing is getting popular but the high level of maintenance eco-friendly fencing requires is driving the demand for low-maintenance fencing solutions, such as vinyl fencing. Plastic fencing is also emerging as a relatively economical, lightweight, and easy-to-install alternative. For farmers looking forward to protecting their property and livestock, market players are offering smart solutions that can provide accurate, data-driven insights. However, the rising number of unlicensed contractors offering inferior products and rising raw material prices are expected to restrain the growth of the market.

Browse through Grand View Research’s HVAC & Construction Industry Research Reports.

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Fencing Market Segmentation

Grand View Research has segmented the global fencing market based on material, distribution channel, installation, application, end use, and region:

Fencing Material Outlook (Revenue, USD Million, 2017 – 2030)
- Metal
- Wood
- Plastic & Composite
- Concrete
Fencing Distribution Channel Outlook (Revenue, USD Million, 2017 – 2030)
- Online
- Retail
Fencing Installation Outlook (Revenue, USD Million, 2017 – 2030)
- Do-It-Yourself
- Contractor
Fencing Application Outlook (Revenue, USD Million, 2017 – 2030)
- Residential
- Agricultural
- Industrial
Fencing End-use Outlook (Revenue, USD Million, 2017 – 2030)
- Government
- Petroleum & Chemicals
- Military & Defense
- Mining
- Energy & Power
- Transport
- Others
Fencing Regional Outlook (Revenue, USD Million, 2017- 2030)
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa

Market Share Insights

September 2020: Bekaert and Almasa SA signed an agreement to merge Proalco SAS, a subsidiary of Bekaert, with Almasa SA’s steel wire activities to combine the resources and expertise in offering new and existing steel wire products and solutions to the customers.

Key Companies profiled:

Some prominent players in the Fencing market include

Allied Tube & Conduit
Ameristar Fence Products Incorporated
Associated Materials LLC
Bekaert
Betafence NV
CertainTeed Corporation
Gregory Industries, Inc.
Jerith Manufacturing Company Inc.
Long Fence Company Inc.
Ply Gem Holdings Inc.
Poly Vinyl Creations Inc.

Order a free sample PDF of the Fencing Market Intelligence Study, published by Grand View Research.

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

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