By 2026, the Fencing market is anticipated to reach over 40,730 million USD according to new research. The increasing demand for metal fencing in public places, government organizations, and commercial buildings for enhanced safety and security purposes drives the growth of this segment.
In 2017, the metal fencing segment accounted for the highest market share and dominated the global market, in terms of revenue. North America generated the highest revenue in the market that year and is expected to be the leading contributor to the global market revenue during the forecast period.
Improvements in lifestyle due to rising income levels in the developing countries fuel the demand for the market. This increasing demand in developing nations is expected to provide numerous growth opportunities to the market players during the forecast period.
Other driving factors include growth in the global construction industry and the increasing investments by governments for enhancing public infrastructures such as parks, public places, and government premises.
Where Foster Fits In
Foster Fence serves industrial, government, and commercial markets in the Greater Houston metropolitan area, Louisiana, and the Gulf Coast. Regardless of your fencing and security needs, Foster Fence’s professional sales and construction staff are ready to help you with your design services and specifications.