Middle East & Africa Fencing Market Size & Outlook
The fencing market in Middle East & Africa is expected to reach a projected revenue of US$ 2,518.6 million by 2030. A compound annual growth rate of 6.1% is expected of Middle East & Africa fencing market from 2024 to 2030.
Revenue, 2023 (US$M)
$1,660.6
Forecast, 2030 (US$M)
$2,518.6
CAGR, 2024 - 2030
6.1%
Report Coverage
Middle East & Africa
Related Markets
MEA fencing market highlights
- The MEA fencing market generated a revenue of USD 1,660.6 million in 2023.
- The market is expected to grow at a CAGR of 6.1% from 2024 to 2030.
- In terms of segment, online was the largest revenue generating distribution channel in 2023.
- Online is the most lucrative distribution channel segment registering the fastest growth during the forecast period.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 1,660.6 million |
| Market revenue in 2030 | USD 2,518.6 million |
| Growth rate | 6.1% (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 |
| Key market players worldwide | AMERISAFE Inc, NV Bekaert SA, Betafence, CertainTeed Corporation, Assa Abloy AB ADR, Gemfields Group Ltd |
Other key industry trends
- In terms of revenue, MEA region accounted for 6.0% of the global fencing market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 10,913.9 million by 2030.
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Fencing Market Scope
Fencing market segmentation & scope
Others
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 |
MEA fencing market size, by country, 2018-2030 (US$M)
Middle East & Africa Fencing Market Outlook Share, 2023 & 2030 (US$M)
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