Latin America Railing Market Size & Outlook, 2023-2030
Latin America railing market, 2018-2030 (US$M)
Related Markets
Latin America railing market highlights
- The Latin America railing market generated a revenue of USD 1,945.3 million in 2023.
- The market is expected to grow at a CAGR of 4.5% from 2024 to 2030.
- In terms of segment, metal was the largest revenue generating material in 2023.
- Composite is the most lucrative material segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 1,945.3 million |
| Market revenue in 2030 | USD 2,650.8 million |
| Growth rate | 4.5% (CAGR from 2023 to 2030) |
| Largest segment | Metal |
| Fastest growing segment | Composite |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Wood, Metal, Composite, Vinyl, Glass, Other Materials |
| Key market players worldwide | Regal Ideas, Viewrail, Trex Co Inc, The AZEK Company, Barrette Outdoor Living, Deckorators, Digger Specialties, Peak Products, Century Aluminum |
Other key industry trends
- In terms of revenue, Latin America region accounted for 3.8% of the global railing market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 3,501.0 million by 2030.
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Railing Market Scope
Railing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America railing market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to railing market will help companies and investors design strategic landscapes.
Metal was the largest segment with a revenue share of 47.07% in 2023. Horizon Databook has segmented the Latin America railing market based on wood, metal, composite, vinyl, glass, other materials covering the revenue growth of each sub-segment from 2018 to 2030.
The Central & South American railing market accounted for a revenue share of 3.9% in 2022 on account of the flourishing construction industry in the region. The market is expected to grow at a CAGR of 5.0% over the forecast period.
The emerging economies, such as Argentina, Brazil, and Peru, in the region are witnessing growth in population coupled with rapid urbanization.
These factors are triggering the construction of residential and commercial units in Central & South America, thereby fueling the demand for railings in the region.
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Target buyers of Latin America railing market databook
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Our clientele includes a mix of railing market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America railing market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America railing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Latin America railing market size, by country, 2018-2030 (US$M)
Latin America Railing Market Outlook Share, 2023 & 2030 (US$M)
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