U.S. Metal Fencing Market Size To Grow At A CAGR Of Over 4% From 2016 To 2023 In Residential, Agricultural And Commercial Sectors Is To Provide Security And Safety
North America metal fencing market size was valued around USD 4,000 million in 2015 and is likely to grow at a CAGR of over 4%
from 2016 to 2023. This can be primarily attributed to rising demand for safety and security.
North America metal fencing market size accounted for over 50% of the global revenue share in 2015. The prime reason for metal
fences deployment in residential, agricultural and commercial sectors is to provide security and safety. In addition, it is
also utilized to improve the aesthetics of buildings and construction properties. Increasing customer’s interest towards home
improvement and home decor, the industry is expected to witness significant gains over the forecast period.
U.S. metal fencing market size was responsible for over 75% of regional revenue in 2015. The imperative need for residential
fences and use of synthetic substitutes is rapidly growing in residential sector. In addition, rising economic growth of
nations across North America is likely to propel the industry demand. In contrast, the need for fencing is prevailing across
building and housing construction plans owing to increasing demand for safety and security in commercial sectors.
Increasing demand for barbed wire fencing is expected to drive the industry demand. It offers superior security as compared to
other types of fences. Metal fences are ideally deployed for additional privacy and security. The strength of wrought iron
fences protect against dreadful whether and are ideally used in residential and commercial sectors.
Mesh fencing is available in welded mesh or metal mesh and has experienced an impressive surge in popularity over the last few
years. This type of fencing is strong as well as durable and mostly used in an extensive range of applications such as anti-
climb, high security fences, integrated sliding gates, anti-ram, sports areas, boundary fencing and spectator enclosures. In
addition, these fencing are much affordable as it provides immense value and less maintenance costs.
Growing demand for decorative home products and construction activities are anticipated to fuel the demand growth over the
forecast period. Rising housing rebounds or constructions in housing completions coupled with increasing consumer interest in
home décor and home improvement are likely to fuel the industry demand.
Residential sector is likely to grow at high CAGR over the forecast period owing to the mounting remodeling products and
construction activities. Industrial segment may likely to witness growth owing to increasing demand from colleges, industrial
premises and schools. Moreover, proliferating need to protect crops, farm areas and farm animals from crooks and wild animals
are expected to fuel the industry demand in agricultural sector.
The U.S metal fencing market share is primarily driven by mounting installation of high value fences such as composite fencing
and ornamental metal. In addition, increasing adoption of these materials based on their performance advantages and aesthetic
by customers in the region is likely to surge the demand growth.