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Showing posts with the label Fencing Market

Fencing Market size is anticipated to reach USD 44.39 billion by 2030

  Fencing Industry Overview The global fencing market size was valued at USD 27.88 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 5.5% from 2022 to 2030.   An unabated rise in new housing construction, home improvement projects, remodeling activities, and commercial construction is expected to drive the growth of the market over the forecast period. The growing concerns over safety and security coupled with the lower maintenance costs and higher reliability attributes associated with the latest fencing solutions are expected to contribute to the growth of the market.   Gather more insights about the market drivers, restrains and growth of the Global Fencing Market   The demand for fencing products is anticipated to rise in line with the growing need for improving the appearance and increasing the value of the property and the growing availability of lightweight, affordable, and easy-to-install PVC and plastic fen...

U.S. Fencing Market anticipated to register a CAGR of 4.9% by 2027 -Rising Growth in construction activities for both, residential and commercial buildings

  U.S. Fencing Industry Overview The U.S. fencing market size was valued at USD 8.3 billion in 2019 and is anticipated to register a CAGR of 4.9% from 2020 to 2027. The market growth can be attributed to increased spending on the construction of buildings in the country. The demand for fencing products and solutions is primarily driven by the need for security and demarcation of areas for improving protection as well as for increasing the aesthetic appeal of properties. The rise in demand for replacing and repairing large portions of the existing fence stock for residential applications is expected to drive the market growth over the forecast period. Supported by a strong economy and a developed market, the U.S. market for fencing is anticipated to thrive in the coming years. Rising construction activities and demand for decorative home products are estimated to contribute to the market growth in U.S. Consumer interest in home décor and home improvement is further expected to dr...