The U.S. fencing market is expected to reach USD
11,687.7 million by 2025, according to a new report at a CAGR of 5.4% by Grand
View Research, Inc. A booming construction industry for the residential and
commercial buildings in the country is acting as a major catalyst in helping
the market grow. The majority of demand for fences originates in the same
sector as security and privacy concerns are on the rise.
The U.S. fencing market is a developed
industry that is anticipated to keep growing at a steady CAGR over the coming
years. It comprises different types of material fences including wood, metal,
plastic, and concrete, among others that find their usage in the numerous
industrial applications.
The availability of a wide range of
products with varying colors, features, and designs, coupled with customizable
products and solutions available in the market, are conducive to the industry
growth. The government initiatives and investments in infrastructure
development and construction projects are also aiding in the industry’s growth
in different verticals.
The U.S. fencing industry has seen
many new enhancements in terms of technology in products as well as the
manufacturing of products. This, coupled with a developed distribution network
and strong manufacturing lineups in the country, is propelling the launch of
new and improved products into the market. Though the market largely depends on
the raw material suppliers and big metal suppliers, a stable economy and the
developing real estate market are helping the fencing industry thrive in the
region.
Browse full research report on U.S. Fencing Market: https://www.grandviewresearch.com/industry-analysis/us-fencing-market
Further key findings from the report suggest:
- The demand for U.S. fencing market is expected to gain
traction owing to the growing residential sector and real estate
developments. The market is projected to register a CAGR of 5.4% over the
forecast period.
- The concrete fencing is anticipated to witness growth at a
CAGR of 7.5% over the next six years owing to its durability properties.
- The online segment captured a major market share in terms of
revenue owing to increasing internet penetration and ease of purchase
along with doorstep delivery. It is expected to reach USD 3,048.9 million
by 2025.
- The contractors have the ability, experience, and knowledge
regarding installation of fences thereby resulting in high demand for
contractor based installation segment, growing at a CAGR of 5.8% over the
forecast period.
- The residential segment captured a major market share in
terms of revenue as the privacy fences are gaining more popularity in this
segment as many new communities place their homes closer together, making
this fence style more relevant for lifestyle comfort and convenience.
- The key industry participants include Ameristar Fence
Products Inc., Ply Gem Holdings, Inc, Beta Fence NV, Bekaert, and Long
Fence Company, Inc.
Browse
request sample of this report by Grand View Research: https://www.grandviewresearch.com/industry-analysis/us-fencing-market/request/rs1
Grand View Research has segmented the U.S. fencing market on the
basis of material, distribution channel, installation, application, end-use,
and region:
U.S. Fencing Material Outlook (Revenue, USD Million; 2014 - 2025)
- Metal
fencing
- Wood
fencing
- Plastic
and Composite fencing
- Concrete
fencing
U.S. Fencing Distribution Channel Outlook (Revenue, USD Million;
2014 - 2025)
- Online
- Retail
U.S. Fencing Installation Outlook (Revenue, USD Million; 2014 -
2025)
- Do-It-Yourself
- Contractor
U.S. Fencing Application Outlook (Revenue, USD Million; 2014 -
2025)
- Residential
- Agricultural
- Industrial
U.S. Fencing End-use Outlook (Revenue, USD Million; 2014 - 2025)
- Government
- Petroleum
& Chemicals
- Military
& Defense
- Mining
- Energy
& Power
- Transport
- Others
U.S. Fencing Regional Outlook (Revenue, USD Million; 2014 - 2025)
- Alabama
- Arizona
- California
- Colorado
- Connecticut
- Florida
- Georgia
- Idaho
- Illinois
- Indiana
- Iowa
- Louisiana
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Mississippi
- Missouri
- New
Hampshire
- New
Jersey
- New
Mexico
- New
York
- North
Carolina
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- South
Carolina
- Tennessee
- Texas
- Utah
- Virginia
- Washington
- Wisconsin
- Others
About
Grand View Research
Grand View Research, Inc. is a U.S.
based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides syndicated
research reports, customized research reports, and consulting services. To help
clients make informed business decisions, we offer market intelligence studies
ensuring relevant and fact-based research across a range of industries, from
technology to chemicals, materials and healthcare.
For
more info visit @ https://www.grandviewresearch.com
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