Demand for Chain Link Fencing in the Nonbuilding Market Forecast to Grow 2.7% Annually

Cleveland OH, February 20, 2024 – According to a new study by The Freedonia Group, Chain Link Fencing, demand for chain link fencing is forecast to increase 1.0% annually to 225 million linear feet in 2027, valued at $3.9 billion. The residential market will experience the best growth opportunities despite a decline in new housing construction. Demand in the remodeling market will be driven by increasing interest in outdoor living activities, as well as a rise in pet ownership, as chain link fencing is a relatively inexpensive option for pet owners to keep their pets unleashed and on their property.

Real demand growth in the commercial market will be minimal, although it will represent a rebound from the pandemic-related declines of the previous period. Growth will occur in the industrial segment as the manufacture of both durable and nondurable goods rise, necessitating new factories or expansions to existing facilities. Growth will also be boosted by increased infrastructure spending on transportation-related facilities such as airports and freight terminals.

The nonbuilding market encompasses spaces such as coastal and waterfront areas, national and community nature parks, and playgrounds, as well as roads, electric distribution substations, and other areas not defined by a structure. Chain link fencing is often selected for nonbuilding applications because of its low cost, durability, and security characteristics.

Demand for chain link fencing in the nonbuilding market is forecast to rise 2.7% per year to $1.4 billion (78.0 million linear feet) in 2027. Nonbuilding construction requirements for fencing generally revolve around security and privacy issues. Aesthetic concerns for fencing are less important than in residential and commercial building construction markets, as most nonbuilding sites have low foot traffic.

About The Freedonia Group

The Freedonia Group, a division of MarketResearch.com, is a premier international business research company, providing clients with product analyses, market forecasts, industry trends, and market share information. From one-person consulting firms to global conglomerates, our analysts provide companies with unbiased, reliable industry market research and analysis to help them make important business decisions. The Freedonia Group’s brands also include Packaged Facts, a trusted provider of consumer market research on food & beverage, pet products and services, demographics, and financial services, and Simba Information, the leading authority for market intelligence and forecasts on the education and professional publishing industries. Find off-the-shelf studies at https://www.freedoniagroup.com/ or contact us for custom research: +1 440.842.2400.