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Impact Analysis of Covid-19

The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.

Definition of Market/Industry:

The fence is a structure that is created to restrict the crossing of an established boundary. They differ from the wall in terms of design, weight, and structure. The fence is used for various reasons such as security purpose, prevention from theft and to keep children and pets in a restricted area, and to improve the aesthetic of property and boundary.

The global fencing market is estimated to be valued at US$ 33,146.6 million in 2021 by products and is expected to exhibit a CAGR of 4.4 % over the forecast period (2021-2028).

Recent Developments:

  • 21st May 2020, According to HomeAdvisor, homeowners pay between $1,673 and $3,983 to get a wooden fence installed. Wood fences cost $17 to $45 per linear foot. Lumber averages from $7 to $15 per foot while labour ranges from $10 to $30 per foot. The fence's length, height, and wood type are major factors in the price of a new fence. Gates, hardware, and sealant are also costs that need to bebudgeted into the project.
  • 21st May 2021, fencing and security solutions manufacturer, Jacksons Fencing has responded to industry demand and expanded its range of premium quality products by launching a brand new metal post product, Mi-T. These new product launch reflect emerging market trends in the global fencing market.
  • 24th August 2021, According to a Maryland Based Home Renovation Research Lab which conducts research on building trends owned by National Association of Home Owners states that from the pandemic the fencing of the homes is increased rapidly around 320 million linear feet of new fencing in the US.

The North America Region held dominant position in the global fencing market in 2020, accounting for 32.2% share in terms of value followed by Europe and Asia Pacific, respectively.

Figure 1. Global Fencing Market Value (US$ Mn), by Region, 2020

Fencing  | Coherent Market Insights

Drivers:

Robust growth in the middle-class population is fueling the market growth of fencing. According to the European Commission, the global middle class is expected to grow and reach 5.5 billion by 2030. Some 87% of the additional middle-class population will be Asians. The size of the global middle class increased 3.5 billion people in 2017: more than half of the world population and is expected to grow to some 4 billion by 2021 and reach 5.3 billion by 2030.

Increasing housing constructions/ rebound in housing completions is propelling the market growth of the fencing. Rise in the real estate sector due to an increasing number of players coupled with the growing investment in the construction industry. Moreover, growth in the construction of malls, offices, and industrial facilities are also driving the demand for a fence for maintaining the safety and security of the building. Growing spending on rebounding office and commercial construction is further projected to foster market growth. 

Market Opportunities

The growing demand for a residential fence is expected to offer potential market opportunities over the forecast period. According to the Coherent Market Insights analysis, the residential fence segment represents approximately 40% of the global fencing demand and is expected to grow in the future as well. This present significant growth opportunities for new construction and remodeling market area. Moreover, privacy fences are projected to strong growth opportunities in the near future.

Development of innovative and attractive fences is projected to bring new and bright opportunities in the near future. For instance, in June 2020, APL Apollo Tubes (APL Apollo) has announced the launch of ‘Apollo Fencing Solution’, an unrivaled innovation that gives the much-desired safety fencing to any property. The product comprises of an array of H-shaped Fence Post called ‘Apollo Fence’. The ‘Apollo Fence’ is low-cost, durable, and can be used to replace even the concrete boundary wall.

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Fencing Market Report Coverage

Report Coverage Details
Base Year: 2020 Market Size in 2021: US$ 33,146.6 Mn
Historical Data for: 2017 to 2020 Forecast Period: 2021 to 2028
Forecast Period 2021 to 2028 CAGR: 4.4% 2028 Value Projection: US$ 44,801.7 Mn
Geographies covered:
  • Regions: North America, Europe, Asia Pacific, Rest of The World 
Segments covered:
  • By Product: Agricultural (Hinge joint fence, Electric fence Wire, Others), Commercial (Chain Link, Welded Wire fence (Mesh), Others)
  • By Types: Metal fencing (Non Wire fencing, Barbed & Twisted steel wire fencing, Other metal fencing), Wood fencing (Assembled fence, Unassembled fence, Other wood fence), Plastic & Composite fencing (Vinyl fencing, Composite fencing, HDPE), Concrete fencing
  • By Application: Residential, Agricultural, Industrial
Companies covered:

Sanofi S.A., Amneal Pharmaceuticals, Inc., Laurus Labs Limited, Zydus Pharmaceuticals, Inc., Prasco Laboratories, Dr. Reddy's Laboratories, Cadila Pharmaceuticals, Novartis International AG, Concordia Pharmaceuticals Inc., Covis Pharmaceuticals, Inc., Cardinal Health, Aphena Pharma Solutions Tennessee, Inc., Mylan N.V., McKesson Corporation, Teva Pharmaceutical Industries Ltd, Lupin Pharmaceutical, and Sun Pharmaceutical Industries Ltd.

Growth Drivers:
  • Increasing urbanization
  • Growth in construction sector 
Restraints & Challenges:
  • Increasing energy cost
  • Presence of unlicensed contractor that use inferior product

Market Trends

The growing need for border control and safety across energy and power is projected to emerge as the fastest-growing segment in the near. Increasing demand for anti-cut and anti-climb perimeter fencing and partitioning across the energy and power sector due to high-security concerns is again projected to spur the market growth of fencing. Moreover, expansion of the online distribution around the globe is further projected to augment the market growth of the fencing over the forecast period.

Growing strategic partnership and agreement among key manufacturers for market expansion is a key trend in the market. For instance, in June 2020, Eldaas Technologies India Pvt Ltd announces their distribution partnership on security & surveillance solutions with D-Fence Electronic Fencing and Security Systems Ltd, Israel. Eldaas Technologies offer a D-Fence solution to various customers in India.

Figure 2. Global Fencing Market Share, By Types, 2020

Fencing  | Coherent Market Insights

Key Takeaways of the Graph:

  • The Metal fencing segment held dominant position in the market and accounted for 52.0% share in the global fencing market in 2020 by types. The segment is expected to reach US $ 22923.89 Million by value in 2028.

Metal fencing offers more safety to the property than any other type of fencing, the growing need of security has put the demand for metal fencing, it is cost efficient, durable and affordable and it is 65% return on investment.

Market Restraints

Unlicensed contractors that use inferior products are another major factor expected to hamper the market growth of the fencing. Also, the high price of materials used such as iron, aluminum, and wood is again projected to hinder the market growth of the fencing.

Increasing energy costs is expected to restrict the adoption of the fence. This factor is playing a key role in hindering the market growth of the fencing over the forecast timeframe.

Competitive Section:

Company Names 

  1. Allied Tube & Conduit
  2. Ameristar Fence Products Incorporated
  3. Associated Materials LLC
  4. Bekaert
  5. CertainTeed Corporation
  6. Gregory Industries, Inc.
  7. Long Fence Company Incorporated
  8. Betafence NV
  9. Jerith Manufacturing Company Incorporated
  10. Ply Gem Holdings Incorporated
  11. Poly Vinyl Company Incorporated

A fence is a frame that encloses an open space, usually in the garden or on a property boundary, and is generally constructed out of posts, wood, posts, bricks, or other concrete materials. Fencing is different from a wall in its entirety in not having any solid frame throughout its length. Fences do not necessarily have to be straight or even in shape but can be built in a variety of unique shapes and designs.

Market Dynamics:

Increasing upper middle-class population and rise in the residential sector is expected to foster growth of the fencing market. According to the India Brand Equity Foundation, India is expected to become the third-largest construction market globally by 2022. India plans to spend US$ 1.4 trillion on infrastructure projects through the National Infrastructure Pipeline (NIP), from 2019 to 2023, to ensure sustainable development in the country.

On the other hand, the presence of unlicensed contractors that use inferior products is expected to restrict growth of the market. 

Key features of the study:

  • This report provides in-depth analysis of the fencing market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2021–2028), considering 2020 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends,  regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the global fencing market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
  • Key companies covered as a part of this study include Allied Tube & Conduit, Ameristar Fence Products Incorporated, Associated Materials LLC, Bekaert, CertainTeed Corporation, Gregory Industries, Inc., Long Fence Company Incorporated, Betafence NV, Jerith Manufacturing Company Incorporated, Ply Gem Holdings Incorporated, and Poly Vinyl Company Incorporated
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
  • The global fencing market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global fencing market

Detailed Segmentation:

  • Global Fencing Market, By Product:
    • Agriculture
      • Hinge joint fence
      • Electric Fence Wire
      • Others
    • Commercial
      • Chain Link
      • Welded wire fence (mesh)
      • Others
  • Global Fencing market ,By Type:
    • Metal Fencing
      • Non Wire fencing
      • Barbed & twisted steel wire fencing
      • Other metal fencing
    • Wood Fencing
      • Assembled fence
      • Unassembled fence
      • Other wooden fence
    • Plastic & Composite
      • Vinyl fencing
      • Composite fencing
      • HDPE
    • Concrete Fencing
  • Global Fencing Market, By Application:
    • Residential
    • Agricultural
    • Industrial
  • Global Fencing Market ,By Region:
    • North America
      • North America Fencing Market, By Product:
        • Agriculture
          • Hinge joint fence
          • Electric Fence Wire
          • Others
        • Commercial
          • Chain Link
          • Welded wire fence (mesh)
          • Others
      • North America Fencing market ,By Type:
        • Metal Fencing
          • Non Wire fencing
          • Barbed & twisted steel wire fencing
          • Other metal fencing
        • Wood Fencing
          • Assembled fence
          • Unassembled fence
          • Other wooden fence
        • Plastic & Composite
          • Vinyl fencing
          • Composite fencing
          • HDPE
        • Concrete fencing
      • North America Fencing Market, By Application :
        • Residential
        • Agricultural
        • Industrial
    • Europe
      • Europe Fencing Market, By Product:
        • Agriculture
          • Hinge joint fence
          • Electric Fence Wire
          • Others
        • Commercial
          • Chain Link
          • Welded wire fence (mesh)
          • Others
      • Europe Fencing market ,By Type:
        • Metal Fencing
          • Non Wire fencing
          • Barbed & twisted steel wire fencing
          • Other metal fencing
        • Wood Fencing
          • Assembled fence
          • Unassembled fence
          • Other wooden fence
        • Plastic & Composite
          • Vinyl fencing
          • Composite fencing
          • HDPE
        • Concrete Fencing
      • Europe Fencing Market, By Application :
        • Residential
        • Agricultural
        • Industrial
    • Asia Pacific
      • Asia Pacific Fencing Market, By Product:
        • Agriculture
          • Hinge joint fence
          • Electric Fence Wire
          • Others
        • Commercial
          • Chain Link
          • Welded wire fence (mesh)
          • Others
      • Asia Pacific Fencing market ,By Type:
        • Metal Fencing
          • Non Wire fencing
          • Barbed & twisted steel wire fencing
          • Other metal fencing
        • Wood Fencing
          • Assembled fence
          • Unassembled fence
          • Other wooden fence
        • Plastic & Composite
          • Vinyl fencing
          • Composite fencing
          • HDPE
        • Concrete Fencing
      • Asia pacific Fencing Market, By Application :
        • Residential
        • Agricultural
        • Industrial
    • Rest of The World
      • Rest of the World Fencing Market, By Product:
        • Agriculture
          • Hinge joint fence
          • Electric Fence Wire
          • Others
        • Commercial
          • Chain Link
          • Welded wire fence (mesh)
          • Others
      • Rest Of the world Fencing market ,By Type:
        • Metal Fencing
          • Non Wire fencing
          • Barbed & twisted steel wire fencing
          • Other metal fencing
        • Wood Fencing
          • Assembled fence
          • Unassembled fence
          • Other wooden fence
        • Plastic & Composite
          • Vinyl fencing
          • Composite fencing
          • HDPE
        • Concrete Fencing
      • Rest of the world Fencing Market, By Application :
        • Residential
        • Agricultural
        • Industrial
  • Company Profiles:
    • Allied Tube & Conduit
      • Company Overview
      • Product Portfolio
      • Key Strategies
      • Recent Developments
      • Future Plans
    • Ameristar Fence Products Incorporated
    • Associated Materials LLC
    • Bekaert
    • CertainTeed Corporation
    • Gregory Industries, Inc.
    • Long Fence Company Incorporated
    • Betafence NV
    • Jerith Manufacturing Company Incorporated
    • Ply Gem Holdings Incorporated
    • Poly Vinyl Company Incorporated

“*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
      • Executive Summary
      • Market Snippet, By Product
      • Market Snippet, By Types
      • Market Snippet, By Application
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • PEST Analysis
      • PORTER’s Five Forces Analysis
      • Market Opportunities
      • Regulatory Scenario
      • Industry Trend
      • Mergers and Acquisitions
  4. Global Fencing  Market - Impact of Coronavirus (Covid-19) Pandemic
    • Overview
    • Factors Affecting Global Fencing  Market – COVID-19
    • Impact Analysis
  5. Global Fencing  Market, By Product, 2021- 2028 (US$ Mn)
    • Introduction
      • Market Share Analysis, 2020, 2023 and 2028 (%)
      • Y-o-Y Growth Analysis, 2021 - 2028
      • Segment Trends
    • Agricultural
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2021 - 2028, (US$ Mn)
      • Sub-Segment Market Trends
        • Hinge Joint Fence
        • Electric Fence Wire
        • Others
    • Commercial
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2021 - 2028, (US$ Mn)
      • Sub-Segment Market Trends
        • Chain link
        • Welded wire fence (mesh)
        • Others
  6. Global Fencing  Market, By Types, 2021-2028 (US$ Mn)
    • Introduction
      • Market Share Analysis, 2020, 2023 and 2028 (%)
      • Y-o-Y Growth Analysis, 2021 - 2028
      • Segment Trends
    • Metal Fencing
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2021 - 2028, (US$ Mn)
      • Sub-segments
        • Non-wire Fencing
        • Barbed and Twisted steel Wire fencing
        • Other Metal fencing
    • Wood Fencing
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2021 - 2028, (US$ Mn)
      • Sub-segments
        • Assembled fence
        • Unassembled fence
        • Other wooden fencing
    • Plastic & Composite
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2021 - 2028, (US$ Mn)
      • Sub-segments
        • Vinyl Fencing
        • Composite Fencing
        • HDPE
    • Concrete Fencing
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2021 - 2028, (US$ Mn)
  7. Global Fencing  Market, By Application, 2021- 2028 (US$ Mn)
    • Introduction
      • Market Share Analysis, 2020, 2023 and 2028 (%)
      • Y-o-Y Growth Analysis, 2021 - 2028
      • Segment Trends
    • Residential
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2021 - 2028, (US$ Mn)
    • Agricultural
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2021 - 2028, (US$ Mn)
    • Industrial
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2021 - 2028, (US$ Mn)
  8. Global Fencing  Market, By Region, 2021- 2028 (US$ Mn)
    • Introduction
      • Market Share Analysis, By Region, 2020, 2023 and 2028 (%)
      • Y-o-Y Growth Analysis, For Region, 2021 - 2028
    • North America
      • Market Share Analysis, By Product, 2020, 2023 and 2028 (%)
      • Y-o-Y Growth Analysis, By Product, 2021 – 2028
      • Market Share Analysis, By Types, 2020, 2023 and 2028 (%)
      • Market Share Analysis, By Application, 2020, 2023 and 2028 (%)
    • Europe
      • Market Share Analysis, By Product, 2020, 2023 and 2028 (%)
      • Y-o-Y Growth Analysis, By Product, 2021 – 2028
      • Market Share Analysis, By Types, 2020, 2023 and 2028 (%)
      • Market Share Analysis, By Application, 2020, 2023 and 2028 (%)
    • Asia Pacific
      • Market Share Analysis, By Product, 2020, 2023 and 2028 (%)
      • Y-o-Y Growth Analysis, By Product, 2021 – 2028
      • Market Share Analysis, By Types, 2020, 2023 and 2028 (%)
      • Market Share Analysis, By Application, 2020, 2023 and 2028 (%)
    • Rest Of the World
      • Market Share Analysis, By Product, 2020, 2023 and 2028 (%)
      • Y-o-Y Growth Analysis, By Product, 2021 – 2028
      • Market Share Analysis, By Types, 2020, 2023 and 2028 (%)
      • Market Share Analysis, By Application, 2020, 2023 and 2028 (%)
  9. Competitive Landscape
    • Heat Map Analysis
    • Market Share Analysis (3x3 Matrix)
    • Company Profiles
      • Allied Tube & Conduit
        • Company Overview
        • Component Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Ameristar Fence Products Incorporated
        • Company Overview
        • Component Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Associated Materials LLC
        • Company Overview
        • Component Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Bekaert
        • Company Overview
        • Component Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • CertainTeed Corporation
        • Company Overview
        • Component Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Gregory Industries, Inc.
        • Company Overview
        • Component Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Long Fence Company Incorporated
        • Company Overview
        • Component Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Betafence NV
        • Company Overview
        • Component Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Jerith Manufacturing Company Incorporated
        • Company Overview
        • Component Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Ply Gem Holdings Incorporated
        • Company Overview
        • Component Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Poly Vinyl Company Incorporated
        • Company Overview
        • Component Portfolio
        • Financial Performance
        • Recent Developments/Updates
  10. Section
    • References
    • Research Methodology
    • About us and Sales Contact

* Browse 50 market data tables* and 45 figures* on "Global Fencing Market” - Global forecast to 2028.

FAQgrowicon

Frequently Asked Questions

The global fencing market size is estimated to be US$ 10624.72 Million by value in 2021 and is expected to exhibit a CAGR of 4.4% between 2021 and 2028.
Rapid urbanization and growth in construction sector are the factors fuelling growth of market.
The Vinyl fencing sub segment of the Plastic and composite fencing segment by type is the leading component segment in the market.
Increasing energy cost and presence of unlicensed contractor that use inferior product is expected to hinder growth of the market.
Major players operating in the market include, Allied Tube & Conduit, Ameristar Fence Products Incorporated, Associated Materials LLC, Bekaert, CertainTeed Corporation, Gregory Industries, Inc., Long Fence Company Incorporated, Betafence NV, Jerith Manufacturing Company Incorporated, Ply Gem Holdings Incorporated, and Poly Vinyl Company Incorporated
The North America region is expected to hold dominant position in the market over the forecast period. The growth of the market in the region is driven by North America is the largest consumer of the electric fence market. Electric fence has a wide range of applications in Agriculture, Wild life protection, pets and security, mostly it is used for the Agriculture purpose.
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