Global Plastic Fencing Market Size, Share, Report, Growth, Key Players, Forecast 2023-2028
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- Olivia Grande
- April 26, 2023
The ‘Global Plastic Fencing Market Share, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the global plastic fencing market, assessing the market on the basis of its segments like products, materials, end uses, and major regions.
Plastic Fencing Market Size, Trends, Industry Report, Key Player, Major Segments, and Forecast
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The key highlights of the report include:
Market Overview (2018-2028)
- Forecast CAGR (2023-2028): 5.0%
|Growth Rate CAGR||5.0%|
|Major Players||ITOCHU Corporation, CertainTeed, Barrette Outdoor Living, Inc., Superior Plastic|
Products, Inc.Prizm Vinyl Corporation, South Camden Iron Works Inc., and VEKA Inc,
The increasing application of plastic fencing in the agriculture sector is driving the market growth. Such fences are crucial in the sector for protecting crops against animals. They also act as durable barriers against harsh weather conditions such as thunderstorms. Further, plastic fencing is easy to maintain and is likely to witness a steady demand in agricultural areas prone to wildlife-farm conflicts.
Plastic fencing offers various advantages compared to wooden fencing and is available in diverse colours and designs. Apart from mimicking real wood, plastic fencing can carry added textures. Hence, the transition from wooden fences towards plastic fences is further propelling the plastic fencing market growth.
Over the forecast period, the market is expected to grow due to the rising demand for PVC fences for construction activities in the residential sector. Plastic fences are used to divide structures and block access to a particular residential area. Moreover, the growing demand for picket fences in the residential complexes owing to their ability to accommodate children and animals without obstructing the view is supporting the market.
In terms of region, North America accounts for a significant share of the market. The strong presence of chain link fence suppliers and manufacturers in the region is driving the plastic fencing market demand. A significant increase in demand for fences is expected in the region to cater to the growing security concerns in government head offices, schools and colleges, and residential spaces, among others.
Plastic Fencing Industry Definition and Major Segments
Plastic fencing, also known as PVC or vinyl fencing, is defined as a barrier which is installed around a structure or a territory to provide protection. The maintenance of plastic fencing is easy, and it is considered durable and strong. These fences have a long life and are hard-wearing.
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Based on product, the market can be segmented into:
- Picket Fence
- Mesh/Chain Link Fence
- Post and Rail Fence
The market can be broadly categorised based on material into:
- Plastic Composites
By end use, the market is classified into:
- Commercial and Industrial
On the basis of region, the market can be categorised into:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
Plastic Fencing Market Trends
The key trends in the global plastic fencing market include the rising demand for aesthetically-pleasing pool fencing and the growing research and development activities by major plastic fencing manufacturers. The development of environmentally-friendly recycled plastic fences by the key players and their surging demand in residential and commercial complexes are expected to support the market.
The increasing incorporation of vinyl and PVC fences in the do-it-yourself sector is another key trend in the market. These fences enhance the aesthetic appeal of the structure and bolster privacy.
The growing availability of high-strength plastic fences with enhanced durability is likely to be a major trend bolstering the sale of the product. For instance, Alibaba offers various plastic fences on its platform, including Greenzone outdoor chain link vinyl wpc fence.
The rapid urbanisation and infrastructure development across developing semi-urban areas in emerging economies are likely to accelerate the plastic fencing market growth. The development and renovation of highways are also expected to propel the demand for chain-link fences.
The increasing construction of airports, sporting stadiums, and metal manufacturing facilities are anticipated to generate the demand for the product in the coming years. The market is likely to be further fuelled by the increasing awareness pertaining to the safety and security of geriatrics and children.
Key Market Players
Some major players in the market:
- ITOCHU Corporation
- Barrette Outdoor Living, Inc.
- Superior Plastic Products, Inc.
- Prizm Vinyl Corporation
- South Camden Iron Works Inc.
- VEKA Inc
The market research report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
The report studies the latest updates in the market, along with their impact across the market. It also analyses the market demand, together with its price and demand indicators. The report also tracks the market on the basis of SWOT analysis and Porter’s Five Forces Models.
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