U.S. fencing market is expected to reach USD 11.15 billion by 2024, according to a new report by Grand View Research, Inc. The U.S. fencing market is a developed industry that is anticipated to keep growing at a steady CAGR over the coming years. It comprises different types of material fences including wood, metal, plastic, and concrete, among others that find their usage in the residential, agricultural, and industrial applications.
A booming construction market for the residential and commercial buildings in the country is acting as a major catalyst in helping the market grow. The majority of demand for fences originates in the same sector as security and privacy concerns are on the rise.
The availability of a wide range of products with varying colors, features, and designs, coupled with customizable products and solutions available in the market, are conducive to the market growth. The government initiatives and investments in infrastructure development and construction projects are also aiding in the industry’s growth in different verticals.
The U.S. fencing industry has seen many new enhancements in terms of technology in products as well as the manufacturing of products. This, coupled with a developed distribution network and strong manufacturing line-ups in the country, is propelling the launch of new and improved products into the market. Though the market largely depends on the raw material suppliers and big metal suppliers, a stable economy and the developing real estate market are helping the fencing industry thrive in the region.
Access for full detail of Report and Complete TOC: http://www.grandviewresearch.com/industry-analysis/us-fencing-market
Further key findings from the report suggest:
View Blog on U.S. Fencing Market by Grand View Research: http://www.grandviewresearch.com/blog/us-fencing-market-size-trends
U.S. fencing market has been segmented on the basis of materials and applications:
U.S. Fencing Market Material Outlook (Revenue, USD Million; 2014 – 2024)
U.S. Fencing Market Application Outlook (Revenue, USD Million; 2014 – 2024)
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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