Fence Construction in the US
Over the five years to 2018, industry revenue is expected to grow at an annualized rate of 6.3% to $8.2 billion, including a projected 4.2% increase in 2018 alone. The industry experienced strong expansion during the period, growing each of the five years to 2018, underpinned by low interest rates and sustained demand for new single-family homes throughout the country. Over the five years to 2023, revenue for the industry is projected to rise at a more modest annualized rate of 2.3% to $9.2 billion. With an expanding, albeit less rapidly so, housing market, there will be greater demand for fences, especially from home builders and households in need of renovation.
This industry comprises establishments that construct and install a wide range of fences, including residential fences, security fences and niche fences.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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