Fencing Market size was valued at USD 33.08 billion in 2024 and is expected to reach USD 69.7 billion by 2037, registering around 5.9% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of fencing is assessed at USD 34.64 billion.
The fencing market is rising as a result of the increasing investments in construction and real estate due to the increased demand for fencing solutions to protect and secure new construction spaces. According to a report by the Global Infrastructure Hub 2023, about 42% of the G20 government invested in several sectors such as infrastructure, transportation, and many more in 2022.
Moreover, with the influence of global economic activities, there has been a rise in the number of businesses and organizations, both small and large. This has led to the surpassed need for security and protection of facilities to safeguard businesses, equipment, and resources.
Author Credits: Shweta Patidar
Copyright © 2024 Research Nester. All Rights Reserved
FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.
Have questions before ordering this report?