Dublin, Jan. 15, 2024 (GLOBE NEWSWIRE) — The “Fencing Products – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.
Global Fencing Products Market to Reach $49.2 Billion by 2030
The global market for Fencing Products estimated at US$27.1 Billion in the year 2022, is projected to reach a revised size of US$49.2 Billion by 2030, growing at a CAGR of 7.8% over the analysis period 2022-2030.
This report focuses on the surge in home renovation activity, driven by the COVID-19 pandemic, which has set the stage for increased demand for Fencing Products. It also highlights challenges, such as a lumber shortage leading to installation logjams.
Metal, one of the segments analyzed in the report, is projected to record 7.3% CAGR and reach US$24.3 Billion by the end of the analysis period. Growth in the Wood segment is estimated at 8.2% CAGR for the next 8-year period.
The Global Key Competitors’ Percentage Market Share in 2022 and the Competitive Market Presence for select players worldwide in 2022 are discussed, categorizing their presence as strong, active, niche, or trivial in the Fencing Products market. The report provides a prelude to fencing, introducing the concept, and classifies fencing types. Recent market activity is examined, shedding light on the dynamics of the fencing industry.
The U.S. Market is Estimated at $8.5 Billion, While China is Forecast to Grow at 12.3% CAGR
The Fencing Products market in the U.S. is estimated at US$8.5 Billion in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$8.9 Billion by the year 2030 trailing a CAGR of 12.3% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.1% and 6.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6.1% CAGR.
What`s New?
- Special discussions on the global economic climate and market sentiment
- Coverage on global competitiveness and key competitor percentage market shares
- Market presence analysis across multiple geographies – Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and trademarked research platform
- Complimentary updates for one year
- Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 575 |
| Forecast Period | 2022 – 2030 |
| Estimated Market Value (USD) in 2022 | $27.1 Billion |
| Forecasted Market Value (USD) by 2030 | $49.2 Billion |
| Compound Annual Growth Rate | 7.7% |
| Regions Covered | Global |
MARKET TRENDS & DRIVERS
- Growing Environmental Concerns Drive Consumers to Focus on Environment-Friendly Fencing Options for Residential Properties
- Wood-Plastic Composites Gain Popularity
- Latest Design Trends for Fencing Products
- Recovery in Construction Sector to Boost Growth
- Global Construction Spending (in US$ Trillion) for the Years 2020-2028
- United States Housing Units Starts:2015-2021 (Housing Units in Thousands)
- Renovation & Remodeling Open Opportunities for Fencing
- Global Remodeling Market in US$ Billion for the Years 2017, 2019, 2021, 2023 and 2025
- Swift Improvement in Real-Estate Fundamentals to Boost Fencing Demand
- Growing Interest in Outdoor Living Drives Prospects for Fencing Products
- Why Fencing is Gaining Attention among Commercial Businesses
- Aluminum Fencing Attracts Attention for Commercial Properties
- Fencing Demand Remains Robust in Industrial Environments
- Smart Fencing Set to Make Big Gains
- Virtual Fencing Technology Breakthroughs
- Demand for Plastic Fences on Rise
- Plastic Fencing by Material: 2022
- Metal Fences Remain a Prominent Segment of Fence Market
- Importance of Fencing in Agricultural Farmlands
- Best Material Choices for Agricultural Fencing
- Farm Size Plays a Critical Role in Fencing
- Farm Size Distribution Worldwide – Percentage Breakdown of Farm Land by Size and Region
- Consumers Lookout for High Security Fencing Options
- Rise in Disposable Incomes Spurs Market Growth
- Global Middle Class Population (in Millions) and as a Percentage of Total Population: 2005, 2015, 2025 & 2035
FOCUS ON SELECT PLAYERS(Total 107 Featured)
- Compagnie de Saint-Gobain S.A.
- Certain Teed Corporation
- Associated Materials, Inc.
- BlueScope Steel Ltd.
- Diamond Fence (Australia) Pty Limited
- Consolidated Wire Industries Pty., Ltd.
- Allied Tube & Conduit
- Gregory Industries, Inc.
- Cias Elettronica Srl
- Ameristar Perimeter Security
- Betafence Corporate Services NV
- Condor Group
- Alumil Aluminium Industry SA (Alumil)
- American Fence Company, Inc.
- Aluminco S.A.
For more information about this report visit https://www.researchandmarkets.com/r/fii4xx
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