Cleveland OH, October 16, 2023 – According to the new study US Fencing, metal fencing demand is forecast to increase 2.5% annually through 2027 to $7.1 billion. Metal will remain the largest fencing material type in both value and linear feet.
Chain link fencing will continue to account for the largest share of metal fencing demand and will account for most absolute gains:
Gains will be boosted by rising commercial building construction, where it is used heavily as low-maintenance security fencing, especially for industrial buildings that are not concerned with aesthetics.
In the residential market, some homeowners and multifamily housing units install chain link for its durability and ease of installation.
Demand for chain link metal fencing is expected to grow at the fastest pace with a rise in commercial investment. It is used mostly in the commercial market, especially for industrial buildings that are not concerned with aesthetics.
Wire fencing demand will trail the overall average due to its heavy use in the slow-growing agricultural market, where it is commonly specified to contain horses and livestock. Wire fencing is also used in the commercial and nonbuilding markets, though chain link is more commonly specified because it is more secure.
Demand for ornamental metal fencing is expected to rise 4.3% per year through 2027 to $1.5 billion, supported by:
increased use of ornamental fencing in the commercial market, as the material’s properties allow it to be used as aesthetically pleasing security fencing for buildings such as hotels, resorts, and shopping malls, which seek to attract customers to their facilities
the increased use of these products in single-family and multifamily homes by builders looking to make to make properties more marketable and by homeowners who see ornamental fencing as a way to improve the value of their property
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