In 2019, the global plastic fencing market was worth USD 4.1 billion. It is projected to grow at a compound annual rate (CAGR of 4.9%) between 2020 and 2027. The product demand for plastic fencing is expected to rise due to rising safety and security concerns. The fencing market is expected to grow due to the expansion of the construction sector in developing countries and the increase in residential renovations and remodeling. The industry is expected to grow due to increased demand for interior decoration and refurbishment. Due to rising security awareness and increasing crime rates, the U.S. market will experience significant growth. The industry is expected to grow as more people opt for eco-friendly and sustainable fencing solutions.
Market growth will be aided by the expansion of the real-estate sector in developing countries like China, India, South Korea. Market growth is expected to be fueled by the rapid industrialization and the development of affordable fencing materials.
Farmers are investing in fencing to protect their livestock and property. Product profitability is enhanced by the use of durable and cost-effective materials. The market growth is threatened by the use of substandard products by contractors.
Vinyl material accounted for 52% of the total market share in 2019, and it is expected to grow at the fastest CAGR between 2020-2027. Vinyl fencing materials will be in high demand due to their ease of installation, availability, strength and other mechanical characteristics. Vinyl is not affected by insects or rot and doesn't require painting. Vinyl must be washed to prevent mold buildup. Its low maintenance requirements are expected to make it a popular fencing material.
Plastic composites are a mixture of plastic and wood, and are used more frequently in products such as decks and railings. These composites are becoming more popular as light, durable, sustainable, safe and secure materials. This is expected to increase the segment's growth. The segment is expected to grow due to rising demand for more affordable materials over the forecast period.
Picket fence was the market leader with 33.66% of the total market in 2019. It is expected to grow at the fastest CAGR between 2020 and 2027. Picket fence's simple construction and easy installation is expected to drive segment growth during the forecast period. It is also relatively cheaper than other materials. The demand for privacy fencing will continue to rise with the increasing number of home construction and renovation activities. The segment is also experiencing a rise in demand for traditional fencing with superior aesthetics.
Rail fences are becoming more popular in areas such as horse paddocks and sports grounds, land developers, farms and residential dwellings. Rail fences are double-ribbed to increase their strength. These products come pre-notched for easy installation. This helps to encourage segment growth. Plastic mesh fencing is becoming more popular in gardens due to its ease of installation and availability in a variety of sizes and shapes. These products are also rust-free, anti-corrosive, and a driving force behind the increased demand.
Privacy fencing applications accounted for 37% of the total revenue in 2019, and it is expected to grow at a steady CAGR between 2020-2027. Privacy fencing is increasingly in demand because of the increasing importance placed on privacy. This helps to implement designs and preserve the property's value. Privacy fencing is expected to be in demand due to rising demand for high-quality aesthetics in homes and growing construction and renovation.
The temporary fencing can be used for security, storage, concerts and live shows as well as other purposes. These lightweight fencing options are easy to transport and install. The pool fence is a great way to improve safety and reduce drownings. The product's durability is expected to increase the segment growth during the forecast period.
With a market share exceeding 39%, the residential segment led the market. The segment will grow due to rising residential construction and renovation in countries like the U.S.A, India, China and Indonesia. The segment will also benefit from rising government spending on residential building projects.
From 2020 to 2027, the CAGR for the commercial and industrial end-users is expected to be substantial. The forecast period will see increased product demand due to safety and security concerns in the industrial and commercial sectors.
The plastic fencing market is expected to grow due to rising demand from schools, colleges and commercial premises. Plastic fencing is also increasingly being used in agriculture, where it can be used to protect wild animals and store gardening and other equipment. It is expected that the product will be more popular in the above end-use segments due to its availability in a variety of sizes, shapes and colors.
North America was the dominant market, accounting for 34% of the total market. This is due to the increased portfolio provided by the companies. Industry growth is expected to be aided by regulations regarding the installation of fencing around pools for safety purposes.
A significant share of Europe's market has been achieved by multiple European manufacturers. To serve a wider customer base, industry players have begun to collaborate with distributors. The market is expected to grow due to rising demand for privacy fencing that can be used to enhance the beauty of the house.
Asia Pacific is expected to experience the fastest CAGR between 2020 and 2027 due to the changing agricultural sector in emerging economies like India and China. The forecast period will also see rapid urbanization and increased spending on Indian institutional construction.
This market is extremely competitive. There are many local manufacturers that cater to the specific needs of consumers. Product demand is expected to rise due to ongoing innovations and an expanding product range. To increase their market share, most companies have used various marketing strategies, such as mergers, acquisitions and partnerships. The following are some of the most prominent players in the global plastic fencing industry:
Barrette Outdoor Living
CertainTeed
Durafence
ITOCHU Corporation
Pexco
Planet Polynet
Seven Trust
Superior Plastic Products
Tenax
Veka AG
Up Market Research published a new report titled “Plastic Fencing Market research report which is segmented by Product (Post & Rail Fence, Picket Fence), by Application (Privacy, Boundary), by Material (PE/HDPE, Vinyl), By Players/Companies Planet Polynet, Durafence, Veka AG, Tenax, Barrette Outdoor Living, Pexco, CertainTeed, Seven Trust, Superior Plastic Products, ITOCHU Corporation”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
Report Attributes | Report Details |
Report Title | Plastic Fencing Market Research Report |
By Product | Post & Rail Fence, Picket Fence |
By Application | Privacy, Boundary |
By Material | PE/HDPE, Vinyl |
By Companies | Planet Polynet, Durafence, Veka AG, Tenax, Barrette Outdoor Living, Pexco, CertainTeed, Seven Trust, Superior Plastic Products, ITOCHU Corporation |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 215 |
Number of Tables & Figures | 151 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Product (Post & Rail Fence, Picket Fence), by Application (Privacy, Boundary), by Material (PE/HDPE, Vinyl).
Plastic Fencing Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Plastic Fencing Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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