May 13, 2022   SOURCE: BusinessWire

Insights on the Fencing Products Global Market to 2027 - Aluminum Fencing Attracts Attention for Commercial Properties - ResearchAndMarkets.com

The "Fencing Products - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

The global market for Fencing Products estimated at US$28.4 Billion in the year 2020, is projected to reach a revised size of US$40.9 Billion by 2027, growing at a CAGR of 5.4% over the analysis period 2020-2027.

Metal, one of the segments analyzed in the report, is projected to grow at a 5.1% CAGR to reach US$20.4 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Wood segment is readjusted to a revised 5.7% CAGR for the next 7-year period. This segment currently accounts for a 28.4% share of the global Fencing Products market.

The U.S. Accounts for Over 31.2% of Global Market Size in 2020, While China is Forecast to Grow at a 8.4% CAGR for the Period of 2020-2027

The Fencing Products market in the U.S. is estimated at US$8.8 Billion in the year 2020. The country currently accounts for a 31.17% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$6.7 Billion in the year 2027 trailing a CAGR of 8.4% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.5% and 4.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.3% CAGR while Rest of European market (as defined in the study) will reach US$6.7 Billion by the year 2027.

Plastic & Composite Segment Corners a 12.6% Share in 2020

In the global Plastic & Composite segment, USA, Canada, Japan, China and Europe will drive the 5.9% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$2.9 Billion in the year 2020 will reach a projected size of US$4.3 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$4.3 Billion by the year 2027, while Latin America will expand at a 7.2% CAGR through the analysis period.

Select Competitors (Total 107 Featured) -

  • Allied Tube & Conduit
  • Ameristar Perimeter Security
  • Associated Materials, Inc.
  • Betafence Corporate Services NV
  • Certain Teed Corporation
  • Gregory Industries, Inc.
  • Jerith Manufacturing LLC
  • Long Fence
  • NV Bekaert SA
  • Ply Gem Holdings, Inc.
  • Poly Vinyl Creations Inc.

What's New for 2022?

  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to the publisher's digital archives and Research Platform
  • Complimentary updates for one year

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Impact of Covid-19 and a Looming Global Recession
  • Year 2021 in Review and Near Term Outlook
  • Russia Ukraine Conflict, China Lockdowns Again Threaten to Disrupt Global Supply Chains
  • Spike in Home Renovation Activity Sets Stage for Fencing Products amid COVID-19
  • Bevy of Residential Fencing Orders amid Lumber Shortage Leads to Installation Logjams
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Select Players Worldwide in 2022 (E)
  • Fencing: A Prelude
  • Fencing Types: A Classification
  • Recent Market Activity
  • World Brands

2. FOCUS ON SELECT PLAYERS

3. 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
  • Renovation & Remodeling Open Opportunities for Fencing
  • 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
  • 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
  • Consumers Lookout for High Security Fencing Options
  • Rise in Disposable Incomes Spurs Market Growth

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/jzvvfh