During the five years to 2014, the Fence Construction industry was strongly affected by the housing market crash and the subsequent recession that carried on until 2011. The value of residential construction and the level of housing starts remained constrained, resulting in decreased demand for industry services. However, since 2011, per capita disposable income has maintained steady positive growth, the value of residential construction has risen sharply and the industry has benefited from high growth in housing starts. In the five years to 2019, the industry is set to expand. Increased demand from homeowners and home developers will foster much of this expansion, although the recovery of the nonresidential building markets will also stimulate industry growth.
This industry comprises establishments that construct and install a wide range of fences, including residential fences, security fences, as well as 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.