Market Research Reports : Hexa Research Fencing Market Report

Hexa Research Fact-based market research, penetrating industry insights and validated forecasts to help you make better decisions for a stronger future Fencing Market Share, Size, Analysis, Growth, Trends and Forecasts, 2016 to 2024 | Hexa Research The global fencing market was valued at around USD 24 billion in 2014. It is likely to grow at a CAGR of about 5% during the forecast period (2016 to 2024). Improvement & remodeling work, infrastructure development, and new housing constructions are anticipated to drive market growth in the coming years. Increase in safety & security concerns, commercial construction, and transportation construction are expected to impel market growth. Augment in government funding to enhance the aesthetics value of parks, government premises, and public places can drive the market demand. Development in new materials is likely to increase the life of the fences while reducing the cost. This is expected to further impel market. However, unlicensed contractor and rising prices of the wood, aluminum, and iron can hamper market growth. The global fencing market is fragmented into materials, applications, and regions. Contact: [phone] Email : [email protected] Website: http://www.hexaresearch.com/