The global railing market size reached around USD 55.83 Billion in 2024. The market is projected to grow at a CAGR of 5.20% between 2025 and 2034 to reach nearly USD 92.69 Billion by 2034.
The National Association of Realtors reports that people are motivated to take on home renovation projects for upgrading worn-out surfaces (30%), improving liveability (20%), and changing the house’s layout (16%). This is expected to have a significant impact on the demand for railings, leading to the market growth in the upcoming years.
Other players included in the railing market report are Iron Baluster, LLC, IG Railing, Trex Company, Inc., The AZEK Company, INVISRAIL, and Century Aluminum Railings, among others.
Global Railing Market Growth
As per the Joint Center for Housing Centers of Harvard University (JCHS), the home renovation market has witnessed a major shift towards do-it-yourself projects, with demands increasing by 23.8% in 2020-21. In 2021, Americans spent around USD 406 billion on home improvement projects, which was a year-on-year growth of 11.8% from USD 363 billion in 2020. Over the past few years, American homeowners’ median spending on home improvement projects increased from USD 15,000 in 2020 to USD 18,000 in 2021, thereby recording a y-o-y growth of 20%. New homeowners spend substantially more on home renovation projects (around USD 30,000), followed by short-term homeowners (USD 19,000). Of all the expensive interior projects (excluding kitchen and bathrooms), laundry and living rooms (33%) were the most popular renovation projects for homeowners. This is expected to favourably influence the railing market value, as railings serve to enhance the safety and appearance of stairwells in big buildings and bungalows.The National Association of Realtors reports that people are motivated to take on home renovation projects for upgrading worn-out surfaces (30%), improving liveability (20%), and changing the house’s layout (16%). This is expected to have a significant impact on the demand for railings, leading to the market growth in the upcoming years.
Key Trends and Developments
The soaring appeal of wooden finishing; metal detailing of balusters; integration of LED lights in railings; and the increasing installation of statement rails are the major factors favouring the railing market growthNovember 2024
Digger Specialties Inc. introduced two new additions to its portfolio of Westbury railing systems, which are renowned for their labour-saving features and superior quality characteristics.November 2024
IG Railing announced its decision to debut IG Switch, a new brand for privacy frameless glass railings at DeckExpo (exhibition show) in Dallas in Booth#4212. This is creating a favourable railing market outlook. IG Switch leverages advanced Polymer Dispersed Liquid Crystal (PDLC) technology to seamlessly create a blend of privacy and transparency.September 2024
To enhance product accessibility and create a reliable network of customer service centres, IG Railing appointed K+R Building Materials as its new distributor in the Midwest region in the United States.July 2024
Parksite, a leading American wholesale distributor of premium building products, introduced IG Railing’s innovative solutions to households in Ohio and Florida. This is expected to facilitate the railing market expansion in the coming years.Soaring appeal of wooden finishing
Wooden finishings are aesthetically pleasing and impart a classic, yet stylish appearance to hand railings. Many households have also shifted towards the installation of wooden railings in the form of floor-to-ceiling balustrades, horizontal irons, and wall-mounted handrails.Metal detailing of balusters
Architectural firms engaged in designing railings are focusing on metal detailing of balusters and establishing a resemblance of either colour, design, or material with the handrail. This is favourably shaping the railing market dynamics.Integration of LED lights in railings
Consumers are exhibiting a higher preference for railings installed with lights at the bottom of the handrails. This enhances the safety of using staircases and imparts a modern appearance to the house.Increasing installation of statement rails
Statement rails made from stainless steel are extremely popular in the market. They are designed with contrasting colours and impart a sleek and modern appearance to the stairwell of any home.Global Railing Market Trends
Wood finishings are becoming exceedingly popular among consumers due to their crack-resistant nature and high degree of durability. Some wood finishings are resistant to natural weathering agents and can withstand highly saline or humid conditions. They can also be UV-resistant and anti-corrosive, which makes them an ideal choice for balancing the overall style of a home. Over the forecast period, the railing market development is expected to be largely influenced by the emergence of new finishing materials and patterns, especially including wooden textures and colours.Global Railing Industry Segmentation
The report titled “Global Railing Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:Market Breakup by Materials:
- Wood
- Metal
- Composites
- Vinyl
- Glass
- Others
Market Breakup by Application:
- Interior Application
- Exterior Application
Market Breakup by Installation:
- Professional Installation
- Do-It-Yourself (DIY)
Market Breakup by Railing Style:
- Glass Panel
- Baluster
- Others
Market Breakup by End-Use:
- Residential
- Non-residential
Market Breakup by Distribution Channel:
- Direct
- Indirect
Market Breakup by Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Global Railing Market Share
Based on region, the market is segmented into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. Over the forecast period of 2024-32, the market for railings in the Asia Pacific is expected to grow at a CAGR of 5.9% due to the growth of the construction industry. Moreover, the railing market size in the region is expected to increase due to the increasing appeal for statement railings and the growth of home refurbishment projects.Leading Companies in the Global Railing Market
Major players are manufacturing glass railings equipped with LED lights to cater to the increasing demand for stylish and modern railings. This is expected to increase the railing market revenue in upcoming years.Regal ideas Inc.
Regal ideas Inc. was founded in 1985 and is headquartered in British Columbia, Canada. It specialises in developing aluminium railings, aluminium fencing, and LED-equipped deck rail lighting systems.UFP Industries, Inc.
UFP Industries, Inc. was founded in 1995 and is headquartered in Michigan, United States. It specialises in manufacturing building components, composite decking, railings, pressure-treated lumber, and other architectural housing components.Barrette Outdoor Living, Inc.
Barrette Outdoor Living, Inc. was founded in 1978 and is headquartered in Ohio, United States. It specialises in manufacturing decking, railings, fencing and gates, and other architectural products.Digger Specialties Inc.
Digger Specialties Inc. was founded in 1984 and is headquartered in Indiana, United States. It is engaged in manufacturing a wide range of railings that transform the outdoor living experience for consumers.Other players included in the railing market report are Iron Baluster, LLC, IG Railing, Trex Company, Inc., The AZEK Company, INVISRAIL, and Century Aluminum Railings, among others.
Table of Contents
1 Executive Summary
2 Market Overview and Stakeholder Insights
3 Economic Summary
4 Country Risk Profiles
5 Global Railing Market Analysis
6 North America Railing Market Analysis
7 Europe Railing Market Analysis
8 Asia Pacific Railing Market Analysis
9 Latin America Railing Market Analysis
10 Middle East and Africa Railing Market Analysis
11 Market Dynamics
12 Competitive Landscape
Companies Mentioned
- Regal ideas Inc.
- Iron Baluster, LLC
- IG Railing
- Trex Company, Inc.
- The AZEK Company
- Barrette Outdoor Living, Inc.
- UFP Industries, Inc.
- INVISRAIL
- Digger Specialties Inc.
- Century Aluminum Railings