Global Fencing Market Size & Outlook, 2023-2030
Global fencing market, 2018-2030 (US$M)
Related Markets
Global fencing market highlights
- The global fencing market generated a revenue of USD 27,540.3 million in 2023 and is expected to reach USD 40,414.0 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 5.6% by 2030.
- In terms of segment, online accounted for a revenue of USD 18,982.6 million in 2023.
- Online is the most lucrative distribution channel segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 27,540.3 million |
| Market revenue in 2030 | USD 40,414.0 million |
| Growth rate | 5.6% (CAGR from 2024 to 2030) |
| Largest segment | Online |
| Fastest growing segment | Online |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Online, Retail |
Other key industry trends
- In terms of revenue, the North America accounted for 34.9% of the global fencing market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, India is the fastest growing regional market and is projected to reach USD 2,840.4 million by 2030.
Online was the largest segment with a revenue share of 68.93% in 2023. Horizon Databook has segmented the Global fencing market based on online, retail covering the revenue growth of each sub-segment from 2018 to 2030.
Homeowners are becoming more conscious about home maintenance, repair, and improvement activities. This has boosted the remodeling industry, which is reflected in the increasing number of house sales and remodeling contractors in the market.
The pandemic led to homeowners spending ample time inside their homes, positively impacting the home improvement market. The increased amount of time for consumers led to more enhancement projects in different areas of their house, including external fixtures such as fences.
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Fencing Market Scope
Fencing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Gemfields Group Ltd | View profile | 1524 | St Julian’s Avenue, Royal Chambers, PO Box 186, St Peter Port, Guernsey, GY1 4HP | https://www.gemfieldsgroup.com |
| AMERISAFE Inc | View profile | 362 | 2301 Highway 190 West, DeRidder, LA, United States, 70634 | https://www.amerisafe.com |
| Betafence | View profile | 1001-5000 | Zwevegem, West-Vlaanderen, Belgium, Europe | https://www.betafence.be/ |
| Assa Abloy AB ADR | View profile | 61282 | Klarabergsviadukten 90, P.O. Box 70340, Stockholm, Sweden, SE-107 23 | https://www.assaabloy.com |
| CertainTeed Corporation | View profile | 5001-10000 | Signal Mountain, Tennessee, United States, North America | http://www.certainteed.com/ |
| NV Bekaert SA | View profile | 23959 | Bekaertstraat 2, Zwevegem, Belgium, BE-8550 | https://www.bekaert.com |
Global fencing market size, by regions, 2018-2030 (US$M)
Top 10 countries: Fencing market size, 2023 (US$M)
Global fencing market share, by application, 2023 & 2030 (%, US$M)
Fencing market: Opportunity assessment by country
Global fencing market, by region, 2023 (US$M)
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