The fencing market is projected to propagate at a solid CAGR of 7.5% during the forecast period (2021-2027). Fencing is a structure or barrier used to protect or divide a property by enclosing or bordering it. The rising concern for security and safety and increasing consumer interest toward home décor and improvement are driving the global fencing market. Fencing is of two types, which includes fixed and temporary. Fixed fences are those that stay for a longer duration with minimal repairs, whereas temporary fences stay in place for a shorter period and are not required to be constructed sturdily. These fencing majorly come in materials such as metal (particularly aluminum and steel), wood, plastic & composite, and concrete.
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Further, the rapid spread of COVID-19 in early 2020 has greatly affected the global construction, manufacturing, and industrial outlook. The momentum for new orders and expansion of industrial capabilities have dropped across the globe, both in terms of production and stimulation of new and replacement demand in all segments. Stringent government policies and regulations from local and national governments greatly restricted the movement of supplies, activities at production facilities, and logistics of finished goods from manufacturers to consumers.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Fencing Market Report Segment
By Material
- Concrete
- Metal
- Plastic
- Wood
By Distribution
- Offline
- Online
By Distribution
- Agricultural
- Energy and Power
- Government
- Military and Defense
- Mining
- Petroleum and Chemicals
- Residential
- Warehouse
Global Fencing Market by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
The Report Covers
- Market value data analysis of 2020 and forecast to 2027.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global fencing market. Based on the availability of data, information related to the products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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