Fence Construction in the US - Industry Market Research Report

Fence Construction in the US - Industry Market Research Report

  • March 2020 •
  • 30 pages •
  • Report ID: 2252655 •
  • Format: PDF
Mending fences: The growing housing market and rising service demand will likely increase revenue

Abstract

Fence Construction in the US
Over the five years to 2019, Fence Construction industry revenue has expanded due to the strong expansion of both residential and nonresidential construction markets, in addition to an increase in per capita disposable income and home improvement spending. As disposable income rose, homeowners began to undertake previously costly home renovation and maintenance projects such as installing a new fence or fixing one in disrepair. Accordingly, private spending on home improvements is expected to increase at an annualized rate of 5.0% during the period. Over the five years to 2024, revenue for the industry is expected to rise at a more modest rate. With an expanding, albeit less rapidly so, housing market, there is expected to be greater demand for fences, especially from home builders and households in need of renovation.

This industry comprises establishments that construct and install a wide range of fences, including residential fences, security fences and niche fences.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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