This report determines that the fencing market in North America is expected to showcase growth at a CAGR of 1.97% through the years 2021-2028. The United States and Canada form the market in the considered region.
The fencing market’s growth in the region can be attributed to the rise in the construction industry. Moreover, the demand for fencing for various end-user applications in residential, agriculture, and military sectors supports the studied market’s progress. Finally, the surge in security requirements is another significant factor boosting the demand for fencing in the North American region.
In the US, the positive trends in the residential sector are primarily supporting the growth of construction activities. For instance, the rate of privately-owned housing units is slightly higher than in June 2020. Furthermore, the country is considered to have the largest construction industry worldwide. This indicates the robust rise in construction activities in the country, which will increase the demand for fencing. Thus, these factors are likely to motivate the development of the fencing market on a large scale.
Likewise, Canada’s construction industry is estimated to witness substantial growth in the decade ahead, owing to the development in the residential and non-residential sectors. Here, the non-residential sector is anticipated to be driven by public transit, healthcare, education, and other civil infrastructure projects. In addition, factors such as low lending rates and renewed immigration are evaluated to increase the construction of residences by 2024. Hence, such developments will generate new opportunities for the fencing market.
The fencing market’s growth in the region can be attributed to the rise in the construction industry. Moreover, the demand for fencing for various end-user applications in residential, agriculture, and military sectors supports the studied market’s progress. Finally, the surge in security requirements is another significant factor boosting the demand for fencing in the North American region.
In the US, the positive trends in the residential sector are primarily supporting the growth of construction activities. For instance, the rate of privately-owned housing units is slightly higher than in June 2020. Furthermore, the country is considered to have the largest construction industry worldwide. This indicates the robust rise in construction activities in the country, which will increase the demand for fencing. Thus, these factors are likely to motivate the development of the fencing market on a large scale.
Likewise, Canada’s construction industry is estimated to witness substantial growth in the decade ahead, owing to the development in the residential and non-residential sectors. Here, the non-residential sector is anticipated to be driven by public transit, healthcare, education, and other civil infrastructure projects. In addition, factors such as low lending rates and renewed immigration are evaluated to increase the construction of residences by 2024. Hence, such developments will generate new opportunities for the fencing market.
COMPETITIVE OUTLOOK
The renowned companies in the fencing market include Ameristar Fence Products Incorporated, Allied Tube and Conduit, Betafence NV, Ply Gem Holdings Inc, Jerith Manufacturing Company Inc, and Gregory Industries Inc.Table of Contents
1. North America Fencing Market - Summary
2. Industry Outlook
3. North America Fencing Market Outlook - by Material
4. North America Fencing Market Outlook - by User
5. North America Fencing Market Outlook - by Product
6. North America Fencing Market Outlook - by Distribution Channel
7. North America Fencing Market Outlook - by Installation
8. Fencing Market - North America
9. Competitive Landscape
10. Research Methodology & Scope
List of Tables
List of Figures
Companies Mentioned
A selection of companies mentioned in this report includes:
- Certainteed Corporation
- Bekaert
- Associated Materials LLC
- Ameristar Fence Products Incorporated
- Allied Tube and Conduit
- Poly Vinyl Creations Inc
- Ply Gem Holdings Inc
- Betafence Nv
- Jerith Manufacturing Company Inc
- Long Fence Company Inc
- Gregory Industries Inc
- Animex Fencing and Mitigation Solutions
Methodology
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