Global Wood fencing market is valued approximately at USD 8 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 4.5% over the forecast period 2023-2030. installation of fences made primarily from wood materials. Wood fencing is a popular choice for residential, commercial, and agricultural applications due to its natural aesthetic appeal, versatility, and durability. The wood fencing market is driven by factors such as rising in demand from agriculture and residential sector.
These wood fencing is used in confine the animals to protect the crop from any damage. Fencing helps to deter animals and trespassers, safeguarding the crops and ensuring their growth and productivity. According to the U.S. Department of Agriculture, U.S. agricultural exports are estimated to reach USD 196billion in 2022, that is USD 5 billion more as compared to 2021. Along with that according to Indian brand equity foundation total agricultural exports in the country saw significant growth, reaching US$ 49.6 billion during the 2021-22 period, marking a 20% increase compared to the previous year’s figure of US$ 41.3 billion. Thus rising in agriculture activities fueling the growth of the market. In addition the Increasing popularity of outdoor living spaces and increase in number of residential construction activities across the globe may create a lucrative opportunities for the market. However, the more time consuming in installation and other available alternatives hinder the market growth.
The key regions considered for the Global Wood fencing market Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific is dominating the market due surging residential construction activities. Asia Pacific is also considered as the fastest growing region due to the high number of remodeling projects and real estate development in the region.
Major market player included in this report are:
StelmetSierra Pacific Industries
Redwood Empire Sawmill
Pine River Group Home, Inc.
L.L. Johnson Lumber Mfg. Co. & Johnson’s Workbench
SPEC Wood Inc.
Mendocino Family of Companies
Recent Developments in the Market:
Ø On January 2023, Alexandra Security Limited introduced Protek 2000 Privacy, a security fence with metal welded mesh panels. This results in a fencing surface with no hand or foot ledges, making it difficult for intruders to climb over while providing a privacy screen from one side to the other.
Global Wood fencing market Market Report Scope:
ü Historical Data – 2020 – 2021
ü Base Year for Estimation – 2022
ü Forecast period – 2023-2030
ü Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
ü Segments Covered –product, Species, Installation channel, Coating, Application, Region
ü Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
ü Customization Scope – Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Rail & post
By Installation Channel:
Contractor & Installer
Middle East & Africa
Rest of Middle East & Africa