The global fencing market attained a value of about $33.73 billion in 2023, driven by the rising applications of fences in the residential sector. The market is expected to witness a further growth in the forecast period of 2024-2032, growing at a compounded annual growth rate (CAGR) of 6.5%.
As the fence industry looks ahead to 2024, a combination of market trends, technological integration, sustainability practices, and global economic factors will shape its trajectory.
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