US fencing market will reach $14.1 billion by 2032, says

Fort Collins, Colorado, May 4, 2024 (GLOBE NEWSWIRE) —

Fences are structures built around residential and commercial properties to ensure security and privacy, provide a pleasant appearance and mark the property’s territory. Depending on the place of application, users prefer different types of fencing, namely wood, metal, concrete and composite.

An important factor that affects the American fencing market is the security and safety of both residential and commercial properties. The number of trespassers, squatters and burglaries has been steadily increasing in the country, leading to a greater number of people investing in building strong security and fencing around their homes. For commercial properties, due to major robberies in the commercial and industrial sectors, the organizations do not risk relying solely on alarm clocks and CCTVs for protection. Therefore, they choose to strengthen their on-site physical security systems through fencing around the area, increasing the demand for the US fencing market.

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Segmentation overview:

The US fencing market is segmented into fencing material, distribution channel, installation and application.

Highlights of the US Fencing Market Report:

  • The growth of the US fencing market is expected to be a CAGR of 5.3% through 2032.
  • Changing and improving lifestyles with rising income levels and people’s willingness to invest in home furnishing products is a major driving factor behind the US fencing market. This trend is mainly observed among the young generation, as they are willing to invest in home decoration products due to the trends of working from home and hybrid working conditions.
  • Another factor contributing to the growth of the US fencing market is the growing real estate sector in the country. In the United States, it has been observed that the demand for luxury housing and construction of single-family homes has grown tremendously in recent years. This has also resulted in the growing demand for different types of fencing, both for security and to add to the aesthetics of the property.
  • Based on fencing material, metal fencing has a substantial share. Metal fencing is preferred by users as they are more durable and can last about 20-30 years in all weather conditions. In addition, these fences offer greater strength, are cost-effective, require minimal maintenance and suit any home style, which also adds to the benefit of those looking for home aesthetic features and security.
  • Based on the application, the residential application has a significant share. Rising disposable income is an important factor for people investing in good fencing around their properties. Important reasons for installing fences are privacy and security, marking the property boundary and adding to the appearance of the property.
  • Some prominent players in the US fencing market include Long Fence Company Inc., Gregory Industries, The American Fence Company, Certain Teed, Bekaert, Ply Gem, Betafence, Ameristar Perimeter Security, Poly Vinyl Creations, Associated Materials LLC and others.

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Geographic Segmentation of the US Fencing Market:

By shielding material: Metal, wood, plastic and composite and concrete

By distribution channel: Online and retail

By installation: Do-it-yourself and contractor

By application: Residential, agricultural and industrial

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DataHorizzon is a market research and consulting firm that helps organizations around the world formulate growth strategies to change business dynamics. The offering includes enterprise advisory services and business insights to make actionable decisions. DHR’s comprehensive research methodology for predicting long-term sustainable trends in the market facilitates complex decisions for organizations.

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