The global fencing market is expected to reach USD 32.12 billion by 2022, according to a new report by Grand View Research, Inc. The growing real estate development and remodeling projects are expected to drive revenue over the forecast period. Commercial sectors such as schools, colleges, and industrial premises have been adopting these products to enhance security and safety. Governments worldwide are making huge investments for development of parks and gardens to increase aesthetic appeal. The growth is primarily driven by increasing preference for home improvement and home décor along with rebound in housing projects. Growing economies and rising demand for security and safety are also expected to support fencing market growth. Expanding residential and commercial construction activities and growing economies are expected to drive demand over the forecast period. Increasing preference for eco-friendly options is expected to contribute to composite fencing industry demand.
http://www.grandviewresearch.com/industry-analysis/fencing-market
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