Wood Fencing Market Size, Share & Trends Analysis Report By Product (Picket, Rail & Post), By Species (Cedar, Douglas Fir), By Installation, By Coatings, By Application, And Segment Forecasts, 2023 - 2030

Wood Fencing Market Size & Trends

The global wood fencing market size was valued at USD 8.04 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 4.5% from 2023 to 2030. The growth is attributed to its increasing use in residential and agricultural applications for protecting property by enclosing a given area. Fencing is available in different thickness ranges and made of different wood materials such as cedar, Douglas fir, redwood, and whitewood. Cedar is the largest used material owing to its durability, strength, and visually appealing designs.

Additionally, wood fencing is majorly utilized in the agricultural industry to confine animals and protect the farm from intruders. It also aids in increasing durability and in enabling lower maintenance requirements as compared to alarms and security control systems. According to the U.S. Department of Agriculture, U.S. agricultural exports are expected to reach USD 196.0 billion in 2022, an increase of USD 5.00 billion as compared to 2021. This is largely owing to higher commodity prices. Moreover, the agricultural industry across the world remains a prominent user of fencing products thus, increasing the fencing demand.

The U.S. market for wood fencing accounted for the highest revenue share of the North America region with 83.9% in 2022, owing to its wide use in construction properties and buildings to improve the aesthetics of the infrastructure; thereby driving the market growth. Additionally, the high number of remodeling projects and real estate development in the U.S. are expected to propel the demand for wood fencing over the forecast period.

Wood is the primary raw material utilized for manufacturing wood fencing. Engineered wood products, oriented-strand board, fiber strand, or laminated strand lumber are used in the production of fence panels or pickets. Each fence blank in an engineered wood panel is of the same size. Each fence blank is then subjected to edge profiling on the top and bottom edges, and top feature milling to create fence top features with finishing, texturing, printing, paper overlay, and combinations.

The wood fencing market has been continuously witnessing expansion and is characterized by partnerships between major players to ensure competitiveness and profitability in the industry. For instance, Hudson Fence Supply, Inc. and associated firms Hudson have been purchased by Eastern Wholesale Fence, LLC. Through this acquisition, the company is expected to continue to offer a comprehensive portfolio of premium fencing products and become a crucial partner to fence contractors, fabricators, distributors, retailers, landscapers, and municipalities.

Product Insights

The picket fence was the largest product segment in terms of revenue with a share of 40.2% in 2022. This is owing to its high usage of safeguarding swimming pools or garden ponds. The introduction of new regulations across the globe that require the deployment of fences at the poolside for safety reasons is boosting product demand. Moreover, the rise in residential construction activities and the surge in institutional construction expenditures are expected to fuel the growth of picket wood fencing over the forecast period.

The vertical boards accounted for the fastest-growing segment with a CAGR of 5.5% over the forecast period. Vertical board fences offer privacy and noise absorption if the property is too close to neighbors or in a busy area. They are primarily adopted by users owning livestock comprising horses and cows. Different types of wood such as pine and hardwood are used for developing vertical board fencing. Users can paint or apply sealants to them for keeping these fences shielded from the weather, depending on the aesthetic value of the wood.

The rail & post segment of the market is projected to grow at a CAGR of 3.4% in terms of revenue during the forecast period. The growth of this segment can be attributed to the increased adoption of rail & post fences in agricultural fields. In addition, these fences are strong and extremely resistant to decaying and warping caused by moisture. The easy availability of wood is also surging the demand for wooden rail & post fences.

Species Insights

Cedar dominated the species segment with the highest revenue share of 41.8% in 2022 as it is being used as a fencing material for many years, due to its high endurance. Cedar fences typically survive longer than those made of softer timbers, like pine, in addition to withstanding the elements well. Additionally, the natural oils in cedar wood protect it from rotting and insects.

Redwood is expected to register the fastest CAGR of 5.5% in terms of revenue over the forecast period. The redwood is available in garden grades and architectural grades which can be adopted for fencing based on end-use application. Garden grades are thorny, hardy, and affordable, while, architectural grades are more appropriate for ornamental fences and find application in architectural fence panels. These panels may also be painted to provide a decorative look and increase durability.

Whitewood species of wood are available in a range of sizes, grades, and accents that can be added to create a distinctive design. They can also be painted or stained. Whitewoods are fitted as panels or as individual parts (board, back rail, post). When used for decorative purposes or as screening in a private location, it proves to be an economical fence.

Douglas fir is expected to propel at a CAGR of 3.4% in terms of revenue due to the high quality of its wood, its portability, and excellent nail and screw gripping capabilities. Douglas fir wood is a preferable choice for DIY projects because it is easy to cut and does not pose any other problems. In addition, these species, which are extracted from the heartwood, have shown to be better in performance than cedar in the wood fence industry.

Installation Insights

The contractor & installers segment led the market in 2022 and was valued at USD 5.26 billion. The increasing disposable income, growing population, and low levels of unemployment are expected to drive the demand for residential construction. This is anticipated to propel the growth of wood fencing, with contract installation gaining popularity.

The DIY segment is expected to grow at a significant rate of 6.1% over the forecast period of 2023 to 2030. The DIY trend was encouraged by factors such as a rise in house sales and the emergence of home remodeling videos on social media.There are several DIY fence kits present in the marketplace. However, since installation is time-consuming, many consumers choose to use professional services; this is anticipated to negatively impact the market growth.

Coatings Insights

The stained coating accounted for the largest and fastest-growing segment and was valued at USD 6.44 billion in 2022. Fence stains help to reduce surface oxidation, preserving the wood's color for a longer period. The stain can be rolled, brushed, or sprayed onto the fence. The fence can be repaired to its original finish and then stained to make it look appealing even if it has weathered and is covered in mold and grey oxidation. This is anticipated to augment the demand for stained fencing.

The non-stained coatings market is expected to grow at a CAGR of 3.1% in terms of revenue over the forecast period. The demand for non-stained wood is lesser in comparison to stained wood, as it cannot be treated to increase durability. Furthermore, it cannot be designed according to the building structure, color, or requirement.

Application Insights

The wood fencing application in residential buildings accounted for the largest share with USD 4.76 billion valuation in 2022. The segment appeals to homeowners that value privacy and security along with the comfort of their homes. The work-from-home or stay-in-place trends have resulted in a positive effect on the repair and remodeling of residential buildings. This is expected to have a positive impact on the wood fencing industry's growth.

The agricultural segment accounted for a 25.5% revenue share in terms of revenue in 2022. For agricultural applications, fencing is designed and manufactured according to consumer requirements by using better-quality raw material, which is sourced from reliable vendors in the market. These fences find applications in farms, where they are used to keep stray animals away from grazing the fields.

Others application segment grew at a significant CAGR of 3.5% in terms of revenue in 2022. There are various types of fencing available in a wide range of materials such as cedar, Douglas fir, redwood, and whitewood to secure commercial premises. Installation of the fence with either horizontal or vertical alignment offers a safeguard against intruders.

Regional Insights

Asia Pacific dominated the wood fencing market and is expected to grow at the fastest rate of 5.5% CAGR in terms of revenue over the forecast period, due to the rapidly growing population thus leading to higher demand for residential spaces. In addition, the growing service sector and development of industrial clusters in the emerging economies of the region such as India is further expected to bolster the demand for wood fencing over the forecast period.

The wood fencing market in North America is expected to witness significant growth at 3.2% CAGR over the forecast period. This is due to the increasing construction of residential and commercial buildings in the region. The market is witnessing a rapid shift toward improving the aesthetics of the infrastructure; thereby driving the growth of the wood fencing.

Increasing demand for the renovation of dwellings in Europe is anticipated to create numerous opportunities for wood fencing vendors. As per the European Parliament report, over 90% of the buildings in Europe were built before 1990 and over 40% before 1960, thus, several buildings require renovation and reconstruction. Wood offers eco-friendly and sustainable fencing options to customers thus, increasing its demand in Europe.

Burgeoning demand for energy-efficient green buildings to improve workplace health, cut construction & operating costs, and improve productivity is expected to create growth opportunities in the market. As a result, the need for wood fencing is expected to increase. In addition, wood fencing protects residents while having an attractive appearance and a sustainable design.

Key Companies & Market Share Insights

The key players in the market are Mendocino Forest Products Company, LLC (MFP); Jacksons Fencing; Treeway Fencing Ltd; Wilfirs; Travis Perkins; Bekaert; Seven Trust; Sierra Pacific Industries; Mendocino Forest Products Company, LLC (MFP); and Redwood Empire Sawmill. Product differentiation is expected to be an essential focal point for any organization over the forecast period.

The wood fencing market is primarily dominated by local manufacturers, followed by other national and international players. For a better market presence, the players also engage in mergers and acquisitions. To take over specialized markets, international players heavily concentrate on local competitors.

Major players in the industry are also focusing on innovation related to technology and design to maintain their market position. For instance, in January 2023, Alexandra Security Limited introduced Protek 2000 Privacy, a security fence with metal welded mesh panels. This results in a fencing surface with no hand or foot ledges, making it difficult for intruders to climb over while providing a privacy screen from one side to the other. Some prominent players in the global market include:

• Jacksons Fencing

• Treeway Fencing Ltd

• Wilfirs

• Travis Perkins

• Bekaert

• Seven Trust

• Sierra Pacific Industries

• Mendocino Forest Products Company, LLC (MFP)

• Redwood Empire Sawmill

• Pine River Group Home, Inc.

• L.L. Johnson Lumber Mfg. Co. & Johnson’s Workbench

• BarretteWood

• SPEC Wood Inc.

• Cedarline Industries

Wood Fencing Market Report Scope

Global Wood Fencing Market Report Segmentation

This report forecasts revenue growth at global, regional, & country levels and provides an analysis of the industry trends in each of the sub-segments from 2018 to 2030. For the purpose of this study, Grand View Research has segmented the global market based on product, species, coatings, installation, application, and country:

• Product Outlook (Revenue, USD Billion, 2018 - 2030)

  • Picket

  • Rail & Post

  • Vertical Board

  • Others

• Species Outlook (Revenue, USD Billion, 2018 - 2030)

  • Cedar

    • Western Red Cedar

    • Incense Cedar

    • Imported Japanese Cedar

    • Others

  • Douglas fir

  • Redwood

  • Whitewood

  • Others

• Installation Outlook (Revenue, USD Billion, 2018 - 2030)

  • Contractor & Installer

  • Do-It-Yourself

• Coating Outlook (Revenue, USD Billion, 2018 - 2030)

  • Stained

    • Oil-based Stained

    • Others

  • Non-Stained

• Application Outlook (Revenue, USD Billion, 2018 - 2030)

  • Residential

    • Single-family

    • Multi-family

  • Agricultural

  • Others

• Regional Outlook (Revenue, USD Billion, 2018 - 2030)

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • UK

    • Germany

    • France

    • Italy

    • Belgium

    • Poland

  • Asia Pacific

    • China

    • India

    • Japan

  • Central & South America

    • Brazil

  • Middle East & Africa

    • Saudi Arabia

    • UAE