US Residential Fencing Market 2019-2027
Market Overview
In 2019, the U.S. residential fencing market was valued at $5.3 billion and is expected to increase and grow at an approximate CAGR of 4.93% from 2020 to 2027.
In 2027, the U.S. residential fencing market will increase and reach $7.8 billion.
The residential property causes the largest demand for the U.S. fencing market.
Fencing is also in demand within the non-residential market, mainly for the construction, agricultural, and commercial services.
In 2019 the residential fencing segment in the US, dominated the market as it held around 63% of the total fencing market.
Metal and PVC fencing have been widely used across the residential segment due to high durability, flexibility, and low maintenance.
U.S. Fencing Market Share by Application 2019 (%)
US average spending on Residential Fencing Installation
Annually, U.S. Homeowner’s spend an average of $2,641 to install a residential fence.
According to HomeGuide, most homeowners in U.S. spend approximately between $1,580 and $3,418 on fence installation depending on the fencing materials.
According to HomeAdvisor, installation of metal fences cost $7 per foot and vinyl fences costs $17 per foot, some of the widely adopted materials used in residential fencing.
U.S. homeowners spend between $282 and $808 on residential fencing repairs.
Data Sources: HomeGuide , Manta, HomeAdvisor, StrongFenceAndDeck
To know more about this market study Contact Now
Read more Market Reports