U.S. Fencing Market Continues Upward Trend to $3.6 Billion by 2010
March 09, 2006 (PRLEAP.COM) Lifestyle News
New York, March 9 — Powered by a vibrant economy and strong housing and remodeling markets, sales of metal, vinyl, wood, and other fencing products are expected to reach $3.5 billion by 2010, according to The U.S. Market for Fencing, a new report from market research publisher Specialists in Business Information (SBI), a division of MarketResearch.com.SBI projects that the fencing market will nearly touch $3 billion in 2005 alone, which is a modest 4.8% increase over 2004. Not surprisingly, growth in the construction industry fueled sales of non-wire ornamental iron, steel, and aluminum fencing in 2005 with sales reaching $349.6 million. Similarly, with increased ownership of newly constructed homes, consumers made provisions for gardening and landscaping activities driving sales in the wood fencing sector.
Changing consumer preferences; however, are also changing the face of the market. While customers appreciate the classic look and feel of wood fencing, they also want a product which is low cost and relatively maintenance free.
“Consumers have fallen in love with Poly Vinyl Chloride (PVC) fencing as an alternative to wood and it has been used extensively, particularly in the building and construction industry. But PVC is going to have a difficult time overcoming its non-eco-friendly image now that word is out that vinyl is hazardous and non-recyclable,” said Don Montuori, the publisher of SBI. “The industry has responded quickly with innovations such as plastic lumber made from 100% recycled or virgin plastic resins, often with wood fiber included, and advances in pre-cast concrete fence panels, which combine the beauty of wood with the durability of concrete. These innovations and others are making serious inroads into the market.”
Containing comprehensive data on U.S. shipments, imports and exports, end-use markets, purchaser demographics, and the competitive environment, The U.S. Market for Fencing identifies key issues and trends affecting the marketplace, and profiles major marketers along with manufacturer and retailer strategies used to maximize growth and profitability. Priced at $3,000, this report can be purchased directly from SBI by using: http://www.sbireports.com/product/display.asp?productid=1189573. It is also available at MarketResearch.com.
About Specialists in Business Information
Specialists in Business Information (SBI), a division of MarketResearch.com, publishes research reports in the industrial, construction, materials, and consumer goods markets. For more information visit http://www.sbireports.com, or contact Tom Ehart at 240-747-3014, or tehart@marketresearch.com.