Mending fences: The growing housing market and rising service demand will increase revenue

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...purchase to read more.

Industry Statistics & Market Size
Annual Growth 13-18
Forecast Growth 18-23
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • Growth has been underpinned by low interest rates and sustained demand for new single-family homes
  • Industry operators have benefited from the recent rebound in home prices
  • Revenue is expected to grow due to rising demand from homeowners and developers
  • Industry Report - Industry Investment Chapter

    The Fence Construction industry has a low level of capital intensity. As a service-based, specialty contractor industry, it relies much more heavily on the skill and knowledge of trained employees than the productive capabilities of machinery or technology. Capital costs are largely limited to transportation, basic tools and construction equipment, computer equipment and software, which is used to design and model perimeter fencing installations for large outdoor facilities. Some heavier pieces of equipment used in concrete fence construction may be owned by operators or simply leased on an hourly or daily basis, further reducing the industry's capital requirements. In 2018, for every $1.00 spent on wages, the average operator is expected to spend only $0.04 in capital investment. Thi...purchase to read more.

    Additional Insights for the Fence Construction Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Fence Construction Industry are

  • Having links with suppliers
  • Ability to expand and curtail operations rapidly in line with market demand
  • Access to niche markets
  • IBISWorld analysts also discuss how external factors such as Housing starts and Value of private nonresidential construction in the Fence Construction industry impact industry performance..

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    What's in this report

    What is the Fence Construction Industry?

    This industry comprises establishments that construct and install a wide range of fences, including residential fences, security fences and niche fences.

    Industry Products
  • Metal fences
  • Wood fences
  • Plastic fences
  • Concrete fences
  • Industry Activities
  • Constructing fences
  • Installing residential fences
  • Installing nonresidential fences
  • Installing agricultural fences
  • Installing security fences
  • Installing nonbuilding fences
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Housing starts
  • Value of private nonresidential construction
  • Value of residential construction
  • Per capita disposable income
  • Private spending on home improvements
  • year conventional mortgage rate

  • Current Performance
  • Housing recovers alongside revenue
  • Commercial markets strengthen
  • Chart: Revenue Growth

  • Industry Outlook
  • More houses increase demand
  • Downstream industries likely to increase demand
  • Table: Fence Construction Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Fence Construction Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Land Development
  • Home Builders
  • Industrial Building Construction
  • Educational Services
  • Arts, Entertainment and Recreation
  • Commercial Building Construction
  • Municipal Building Construction

  • Key Selling Industries
  • Lumber Wholesaling
  • Stone, Concrete & Clay Wholesaling
  • Wire & Spring Manufacturing

  • Products & Services
  • Metal fences
  • Wood fences
  • Plastic fences
  • Concrete fences
  • Chart: Fence Construction Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Residential Building
  • Nonresidential Commercial Building
  • Nonbuilding Market
  • Agricultural Market
  • Chart: Major Market Segmentation for the Fence Construction Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesOther costs
  • Chart: Cost Structure Benchmarking – Sector vs Fence Construction

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Fence Construction Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Fence Construction Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Fence Construction Industry
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)
  • Housing Starts (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Table: Industry Financial Ratios
    Perimeter Fence
  • A type of fence that encircles a particular area and is designed to prevent access to the area. It is generally made from metal, wood or concrete.
  • Picket Fence
  • A type of fence that is distinguished by its evenly spaced vertical boards called pickets that are attached to horizontal rails.
  • Vinyl Fence
  • A type of fence made using synthetic plastics
  • What Our Customers Say

    Why buy this report?

    The Fence Construction industry market report contains strategic analysis of the key drivers influencing the industry. Save hours of time on research and prospecting using IBISWorld’s standardized, up-to-date reports on thousands of industries. Our industry research provides growth and profit forecasts for a five-year outlook period, presented in a clear and user-friendly format.

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    This report on Fence Construction:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Fence Construction market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Fence Construction, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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