North America Railing Market Size & Outlook, 2023-2030
The railing market in North America is expected to reach a projected revenue of US$ 11,039.0 million by 2030. A compound annual growth rate of 4.7% is expected of North America railing market from 2024 to 2030.
The North America railing market generated a revenue of USD 8,013.8 million in 2023.
The market is expected to grow at a CAGR of 4.7% from 2024 to 2030.
In terms of segment, wood was the largest revenue generating material in 2023.
Other Materials is the most lucrative material segment registering the fastest growth during the forecast period.
Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
Market revenue in 2023
USD 8,013.8 million
Market revenue in 2030
USD 11,039.0 million
Growth rate
4.7% (CAGR from 2023 to 2030)
Largest segment
Wood
Fastest growing segment
Other Materials
Historical data covered
2018 - 2022
Base year for estimation
2023
Forecast period covered
2024 - 2030
Quantitative units
Revenue in USD million
Market segmentation
Wood, Metal, Composite, Vinyl, Glass, Other Materials
Key market players worldwide
Regal Ideas, Viewrail, Trex Co Inc, The AZEK Company, Barrette Outdoor Living, Deckorators, Digger Specialties, Peak Products, Century Aluminum
Other key industry trends
In terms of revenue, North America region accounted for 15.6% of the global railing market in 2023.
Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
MEA is the fastest growing regional market and is projected to reach USD 3,501.0 million by 2030.
The North American railing market is anticipated to witness growth at a CAGR of 4.5% over the forecast period on account of the growing construction industry in the region.
The region has been witnessing an increased demand for residential and commercial spaces on account of the growing population and rising buyer power in countries such as Canada and Mexico.
According to the U.S. Census Bureau, the construction of new homes in the U.S. increased by 9.8% in February 2023 compared to January 2023.
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Railing Market Outlook will help companies and investors design strategic landscapes.
Wood was the largest segment with a revenue share of 40.68% in 2023.
Horizon Databook has segmented the North America railing market based on wood, metal, composite, vinyl, glass, other materials covering the revenue growth of each sub-segment from 2018 to 2030.
The North American railing market is anticipated to witness growth at a CAGR of 4.5% over the forecast period on account of the growing construction industry in the region.
The region has been witnessing an increased demand for residential and commercial spaces on account of the growing population and rising buyer power in countries such as Canada and Mexico.
According to the U.S. Census Bureau, the construction of new homes in the U.S. increased by 9.8% in February 2023 compared to January 2023.
North America Railing Market Material Outlook (Revenue, USD Million , 2018-2030)
Wood
Metal
Composite
Vinyl
Glass
Other Materials
North America Railing Market Application Outlook (Revenue, USD Million , 2018-2030)
Interior Application
Exterior Application
North America Railing Market Installation Outlook (Revenue, USD Million , 2018-2030)
Professional Installation
Do-It-Yourself(DIY)
North America Railing Market Railing Style Outlook (Revenue, USD Million , 2018-2030)
Glass Panel
Baluster
Other Railing Styles
North America Railing Market Distribution Channel Outlook (Revenue, USD Million , 2018-2030)
Direct
Indirect
North America Railing Market End Use Outlook (Revenue, USD Million , 2018-2030)
Residential
Non-Residential
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