Global Fencing Products Market Analysis Report 2023-2030: Smart Fencing Set to Make Big Gains, Virtual Fencing Technology Breakthroughs

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Jan 16, 2024, 05:45 ET

DUBLIN, Jan. 16, 2024 /PRNewswire/ -- 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

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/wh3yhl

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