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US Fencing Market
US Fencing Market
- Report price : $ 4 600
- Publication date : October 2008
US Fencing Market
US demand to reach 935 million linear feet in 2012
US demand for fencing is forecast to expand approximately two percent per annum to 935 million linear feet in 2012. A recovery in the residential market will spark faster overall growth in fencing demand. This market, which accounts for over one-half of the market total, contracted as housing construction declined in 2006 and 2007. Among all the major fencing markets, the fastest gains are expected to come from the nonbuilding market, which will benefit from a rebound in street and highway construction.
Metal fencing to remain dominant, plastic and composite to grow the fastest
Among fencing materials, demand for plastic and composite fencing is forecast to grow fastest, as these products continue to penetrate the large residential fencing market at the expense of wood products. Although wood fencing products remain the most popular residential fencing type, competition from plastic and composite fencing is quickly eroding its market share. Plastic materials can offer similar aesthetics to these products, while significantly reducing maintenance costs. While vinyl fencing products continue to account for the largest share of plastic fencing demand, composite products are expected to grow fastest. Metal fencing products account for two-thirds of the fencing market in terms of dollar value (although somewhat smaller in terms of linear feet). Metal fencing’s prominence stems from its popularity in the nonresidential building and nonbuilding markets, where metal fencing (particularly chain link) is commonly used to secure property. Going forward, demand for metal fencing is expected to grow in line with the market as a whole.
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