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Principia Partners announces a new study detailing the residential fence market. The study is designed to support manufacturers and marketers when planning marketing and business initiatives, as well as for new product development purposes.
Residential fence represents approximately 40% of the more than $5 billion total fence market. Increasing demand for residential fence represents significant growth opportunities for new construction and remodeling market segments.
Privacy fence appears to have particularly strong growth potential, as many new community plans place homes closer together, making this fence style more important for lifestyle comfort and convenience. New materials for privacy fence are beginning to transform the residential landscape across North America. The growing acceptance and popularity of synthetic alternatives are fueling demand for other fence types such as temporary fence,wire mesh,fence manufacturers,steel fence post,wire fence,portable fence which made from these materials, including semi-privacy, picket, stockade, and post-and-rail.
--Dynamic changes characterize today's residential fence market.
--Distributors are carrying a broader selection of fence and gates than ever before.
--New materials make distributor knowledge more important than ever for informing customers.
--Branding is playing an increasingly important role.
--Larger players are entering the game, with the potential to alter the market in significant ways.
--Modular systems make it easier for contractors to install more fence in much less time.
--Time-pressed homeowners expect to do less routine maintenance, including fence painting and repair.
--Pressure-treated lumber, the industry standard, is being challenged by new materials that are available in colors and supported by extended warranties similar to other building products.
Lou Rossi, Senior Partner, says, "This report will serve as an important baseline analysis for forecasting and business planning purposes by existing and new industry participants in the residential fence market. The study will analyze the drivers and trends of the residential fence and fence accessories market by region, distribution channel, market segment and material type, and will provide forecasts covering the next five years."
The scope of the study will focus on all materials used in residential fence including wood (pressure-treated pine, cedar, redwood, spruce) vinyl and other plastics (polyethylene, polypropylene, polystyrene), wood-plastic composites, metal (chain link, aluminum, steel, wire, wrought iron) and concrete.
Major residential fence segments will be covered including decorative / ornamental, privacy, security, pool, and equestrian. Considering this scope, the study will provide key market data, including:
--Up-to-date analysis of the North American residential fence market
--Detailed explanations of the major residential fence products
--Identified product development needs
--Identified channel opportunities
--Market share review for residential fence producers
--In-depth profiles of 30+ industry participants
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