June 15, 2021 05:54 ET | Source: Research and Markets Research and Markets
Dublin, June 15, 2021 (GLOBE NEWSWIRE) -- The "Fencing Market - Global Outlook and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering. The fencing market is expected to grow at a CAGR of over 6% during the forecast period 2021-2026. Homeowners are seeking higher security and privacy, which is driving the demand in the residential market. The rise in commercial and residential building projects is increasing the demand for fencing. The high acceptance of PVC and other plastic materials are gaining traction in the global market. Metals segment to dominate owing to the increasing demand for barbed wire fences that provide higher security. The construction industry is one of the highest revenue generators in the market. The recent trend of beautifying residents and commercial buildings is surging the demand for fencing globally. The fence around the house adds the overall effect, emphasizing the housing structure and setting the line of control for the people. The application of wood fences is prevalent in rural and semi-urban areas in the US and Canada. The continuous government investment towards public infrastructures such as government premises, public places, museums, and parks supports the growth of the fencing market worldwide. The report considers the present scenario of the fencing market and its market dynamics for the period 2020-2026. It covers a detailed overview of several market growth enablers, restraints, and trends. The study covers both the demand and supply sides of the market. It also profiles and analyzes leading companies and several other prominent companies operating in the market. The following factors are likely to contribute to the growth of the fencing market during the forecast period:
According to the environmental concerns, aluminum in the metal segment is experiencing higher application as it has a higher recycling rate and lighter in weight compared to other metals. A high-performance metal fence is widely used in small industries as high-security applications where speed and production flow are higher, and safety is crucial. In India, Vedanta was the largest producer in the fencing industry, producing around 2.3 million tons. Fence installation contractor is providing various advantages to business owners and homeowners. For big house projects, professionals are best for installing fences. Expert advice saves from costly fence installation errors, thereby fueling contractor fencing across the globe. The fencing professionals are acquainted with the legal requirements and ensuring their work adheres to regulations. The global contractor fencing market is growing at a CAGR of around 8% during the forecast period. Retail sales of fences are higher than online sales, as consumers prefer to shop for the fences in retail stores. Distributors often select the offline retail channel as it enables them to operate their business without high investments in marketing funds. The sudden outbreak of the COVID-19 pandemic is fueling heavy demand in the online distribution channels due to the restrictions imposed by the government agencies. Currently, the traditional retail segment faces intense competition from the online segment due to growing internet penetration. Fixed fencing surrounds the perimeter of the land and is best suited for long-term use. The fixed fencing is well suited for long-term use and holds the animals much more effectively. Brick wall fence is most traditional, standard, and majorly used in yard fencing and is mainly preferred in residential colonies in India. The growth for residential fencing in new construction projects is a significant driver to initiate new opportunities for the players. However, the demand for renovation and retrofit projects is relatively high across Europe. Government-funded projects are focused on high-cost efficiency, thus increasing the demand for plastic fences. Plastic fences are highly cost and thermally efficient than wood and metal counterparts. Chain link fence is becoming popular in the residential market as it requires low maintenance and low cost that keeps unwelcome guests away from your property.
Key Topics Covered: 1 Research Methodology 2 Research Objectives 3 Research Process 4 Scope & Coverage 4.1 Market Definition 4.1.1 Inclusions 4.1.2 Exclusions 4.1.3 Market Estimation Caveats 4.2 Base Year 4.3 Scope of The Study 4.4 Market Segments 4.4.1 Market Segmentation by Material 4.4.2 Market Segmentation by Type 4.4.3 Market Segmentation by Distribution Channel 4.4.4 Market Segmentation by Installation 4.4.5 Market Segmentation by End-Use 4.4.6 Market Segmentation By Geography 5 Report Assumptions & Caveats 5.1 Key Caveats 5.2 Currency Conversion 5.3 Market Derivation 6 Market at a Glance 7 Introduction 7.1 Overview 7.2 Key Applications 7.2.1 Residential Sector 7.2.2 Agricultural Sector 7.2.3 Construction Sites 7.2.4 Government 7.2.5 Warehouses and Other Production Centers 7.3 Geographical Insights 7.4 Impact Of COVID-19 8 Market Opportunities & Trends 8.1 Growing Global Population and Real Estate Worldwide 8.2 Introduction of New Technologies 8.3 Beautified Residential Fences 9 Market Growth Enablers 9.1 Rising Need for Fencing Across National Borders 9.2 Rising Agricultural Projects and Need To Protect From Animals 9.3 Increasing Interest In Home Enhancement 10 Market Restraints 10.1 Volatility In Raw Material Prices 10.2 Impact Of COVID-19 on The Metal Industry 10.3 Volatility In The Construction Industry 11 Market Landscape 12 Material
13 Installation 14 Distribution Channel 15 Type 16 End-Use 17 Geography 18 North America 19 Europe 20 APAC 21 Latin America 22 Middle East & Africa 23 Competitive Landscape 23.1 Competition Overview 24 Key Company Profiles 24.1 Bekaert 24.1.1 Business Overview 24.1.2 Product Offerings 24.1.3 Key Strategies 24.1.4 Key Strengths 24.1.5 Key Opportunities 24.2 Associated Materials 24.2.1 Business Overview 24.2.2 Product Offerings 24.2.3 Key Strategies 24.2.4 Key Strengths 24.2.5 Key Opportunities 24.3 Ameristar Perimeter Security 24.3.1 Business Overview 24.3.2 Product Offerings 24.3.3 Key Strategies 24.3.4 Key Strengths 24.3.5 Key Opportunities 24.4 Poly Vinyl Creations 24.4.1 Business Overview 24.4.2 Product Offerings 24.4.3 Key Strategies 24.4.4 Key Strengths 24.4.5 Key Opportunities 25 Other Prominent Vendors 25.1 BetaFence 25.1.1 Business Overview 25.1.2 Product Offerings 25.2 Jerith Manufacturing 25.2.1 Business Overview 25.2.2 Product Offerings 25.3 Long Fence 25.3.1 Business Overview 25.3.2 Product Offerings 25.4 CERTAINTEED 25.4.1 Business Overview 25.4.2 Product Offerings 25.5 Gregory Industries 25.5.1 Business Overview 25.5.2 Product Offerings 25.6 PLY Gem 25.6.1 Business Overview 25.6.2 Product Offerings 25.7 Fiberon 25.7.1 Business Overview 25.7.2 Product Offerings 25.8 Specrail 25.8.1 Business Overview 25.8.2 Product Offerings 25.9 Barrette 25.9.1 Business Overview 25.9.2 Product Offerings 25.10 Titan Gate & Fence 25.10.1 Business Overview 25.10.2 Product Offerings 25.11 Siddal & Hilton Products 25.11.1 Business Overview 25.11.2 Product Offerings 25.12 Smart Fence 25.12.1 Business Overview 25.12.2 Product Offerings 25.13 Nemtek 25.13.1 Business Overview 25.13.2 Product Offerings 25.14 A-1 FENCE 25.14.1 Business Overview 25.14.2 Product Offerings 25.15 Dextra Square Private 25.15.1 Business Overview 25.15.2 Product Offerings 25.16 Hi-Coat 25.16.1 Business Overview 25.16.2 Product Offerings 25.17 QuickFence 25.17.1 Business Overview 25.17.2 Product Offerings 25.18 Cascade Fence & Deck 25.18.1 Business Overview 25.18.2 Product Offerings 25.19 AFTEC 25.19.1 Business Overview 25.19.2 Product Offerings 25.20 Jacksons Fencing 25.20.1 Business Overview 25.20.2 Product Offerings 25.21 Protective Fencing 25.21.1 Business Overview 25.21.2 Product Offerings 25.22 Australian Security Fencing 25.22.1 Business Overview 25.22.2 Product Offerings 25.23 CLD Fencing 25.23.1 Business Overview 25.23.2 Product Offerings 25.24 Hebei Jinshi 25.24.1 Business Overview 25.24.2 Product Offerings 25.25 Permacast 25.25.1 Business Overview 25.25.2 Product Offerings 25.26 Seven Trust 25.26.1 Business Overview 25.26.2 Product Offerings 25.27 GSM (Guarding Safety Motion) 25.27.1 Business Overview 25.27.2 Product Offerings 25.28 Specialized Storage Solutions 25.28.1 Business Overview 25.28.2 Product Offerings 26 Report Summary 26.1 Key Takeaways 26.2 Strategic Recommendations 27 Quantitative Summary 28 Appendix
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