PUBLISHER: Grand View Research | PRODUCT CODE: 1268816
PUBLISHER: Grand View Research | PRODUCT CODE: 1268816
U.S. Agricultural Fencing Market Size, Share & Trends Analysis Report By Product (Barbed Wire, Cattle Fence, Field Fence), By Material (Metal, Wood), And Segment Forecasts, 2023 - 2030
U.S. Agricultural Fencing Market Growth & Trends:
The U.S. agricultural fencing market size is expected to reach USD 3.44 billion by 2030, according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 4.6% from 2023 to 2030. The U.S. population is growing at an alarming speed, which has resulted in increased demand for food products. This includes dairy & meat products, grains & pulses, and fruits & vegetables. This has increased the pressure on agricultural producers to increase their output and take necessary steps for its protection.
The bustling urban population is experiencing an increase in demand for organic and fresh foods which is propelling the demand for the safety of agricultural lands and produce. This is positively contributing to the growth of agricultural fencing in the U.S. Moreover, the increasing demand for agricultural products in urban areas has resulted in farmers investing in modified agricultural fencing with electric protection in order to further reduce the threat of intruders and predators.
The market is characterized by the presence of a large number of manufacturers operating in the region. Majority of the manufacturers in the market offer their products to end users directly through their online portals. This eliminates any middlemen in the supply chain and earns the manufacturers an extra profit margin. These online portals are accessible to a larger buyer base, without the involvement of any middlemen in the supply channel. Many of these manufacturers also collaborate with third-party online distributors to reach a larger consumer base.
The metal segment led the market and is expected to grow at a significant rate over the forecast period. This segment includes the use of metals such as aluminum & iron and alloys like steel for agriculture fencing. The growth is attributed to the properties of metals including malleability and ductility, which enable these metals to be molded into thin wires and tubes to manufacture agriculture fencing.
The market is characterized by the presence of a large number of players, with established players leading the market developments. The agricultural fencing market in the U.S. is extremely competitive because of the vast number of companies. To retain their position in the fence industry, the major manufacturers in the United States are concentrating on research and development operations to lower operational costs, boost production and storage efficiency, and improve product quality.
The larger companies in the market are focused on research and product development & enhancement in order to maintain its edge over the competition. These players are also investing in acquiring smaller companies with high production capacities and vast portfolios so as to eliminate their competition.
U.S. Agricultural Fencing Market Report Highlights:
- The metal segment was valued at USD 1.20 billion in 2022 and the market segment is forecast to grow at a CAGR of 4.7% over the forecast period. This is attributed towards the chain link which is a type of metal fence that is highly popular in agricultural applications because of its affordable prices. This type of fence is also available in PVC coatings and is resistant to rust. The growth of the metal agricultural fencing segment can be attributed to a growing interest in chain link, ornamental, and barbed wire fencing to mark boundaries and secure the perimeter of the farm
- Wood is one of the oldest materials used to manufacture agricultural fences. Hardwood, cedar, mahogany, and pine are some of the prominent wood choices to manufacture fencing. Wood fencing is light-weighted and strong which makes it ideal for animal fencing and is largely used to make agricultural fencing for horses and pigs along with other larger farm animals. Additionally, it is sturdier and more aesthetically appealing compared to other materials
- The barbed wire segment was estimated at a revenue share of USD 857.5 million in 2022 and is projected to grow at a CAGR of 4.4% over the coming years. Barbed wires are fencing wires mainly manufactured from steel with pointy and sharp edges at regular intervals along the length of the fence. These are one of the oldest forms of fence used in the agricultural sector.
- The stable mesh fence segment includes wood and metal agricultural fences which are used to contain horses. This fence category involves rail/plank fences, high tensile polymer fences, rubber fences and mesh wire fences. These are different from cattle fences as they need to be higher in size as horses can jump from smaller fences and not properly contained
- Key players are engaged in the adoption of strategic initiatives such as research and development and vertical integration to gain a competitive edge. The market in the U.S. exhibits huge growth potential in terms of application development, quality, and product innovation
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definitions
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook, 2022 (USD Million)
- 2.2. Segmental Outlook
- 2.3. Competitive Insights
Chapter 3. U.S. Agricultural Fencing Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.2. Value Chain Analysis
- 3.2.1. Raw Material Trends
- 3.2.2. Manufacturing Trends
- 3.2.3. Sales Channel Analysis
- 3.3. Technology Overview
- 3.3.1. Detection Systems for Fencing
- 3.3.2. Electric Security Fencing Systems
- 3.3.3. Solar Fencing
- 3.4. Regulatory Framework
- 3.5. U.S. Agricultural Fencing Market - Market Dynamics
- 3.5.1. Market Driver Analysis
- 3.5.1.1. Growing Demand for Agricultural Products
- 3.5.1.2. Escalating Consumption of Meat
- 3.5.2. Market Restraint Analysis
- 3.5.2.1. Volatile Raw Material and Energy Costs
- 3.5.3. Market Opportunity Analysis
- 3.5.4. Market Challenge Analysis
- 3.5.1. Market Driver Analysis
- 3.6. U.S. Agricultural Fencing Market - Porter's five forces analysis
- 3.6.1. Bargaining Power of Suppliers
- 3.6.2. Bargaining Power of Buyer
- 3.6.3. Threat of New Entrants
- 3.6.4. Threat of Substitution
- 3.6.5. Competitive Rivalry
- 3.7. Industry Analysis - PESTLE by SWOT
- 3.7.1. Political Landscape
- 3.7.2. Economic Landscape
- 3.7.3. Social Landscape
- 3.7.4. Technological Landscape
- 3.7.5. Environmental Landscape
- 3.8. Market Disruption Analysis
Chapter 4. U.S. Agricultural Fencing Market: Material Estimates & Trend Analysis
- 4.1. Key Takeaways
- 4.2. Material Movement Analysis & Market Share, 2022 & 2030
- 4.3. U.S. Agricultural Fencing Market Estimates & Forecasts, By Material, 2018 - 2030 (USD Million)
- 4.3.1. Metal
- 4.3.2. Wood
- 4.3.3. Others
Chapter 5. U.S. Agricultural Fencing Market: Product Estimates & Trend Analysis
- 5.1. Key Takeaways
- 5.2. Product Movement Analysis & Market Share, 2022 & 2030
- 5.3. U.S. Agricultural Fencing Market Estimates & Forecasts, By Product, 2018 - 2030 (USD Million)
- 5.3.1. Barbed Wire
- 5.3.2. Cattle Fence
- 5.3.3. Field Fence
- 5.3.4. Stable Mesh Fence
- 5.3.5. Others
Chapter 6. U.S. Agricultural Fencing Market Supplier Intelligence
- 6.1. Kraljic Matrix
- 6.2. Engagement Model
- 6.3. Negotiation Strategies
- 6.4. Sourcing Best Practices
- 6.5. Vendor Selection Criteria
- 6.6. List of Raw Material Suppliers
- 6.7. List of Distributors/Suppliers
- 6.8. List of End-users
Chapter 7. Competitive Landscape
- 7.1. Recent Developments & Impact Analysis, By Key Market Participants
- 7.2. Competition Categorization
- 7.3. Company Market Position Analysis
- 7.4. Company Heat Map Analysis
- 7.5. Company Market Share Analysis, 2022
- 7.6. Strategy Mapping
- 7.7. Company Listing
- 7.7.1. Bekaert
- 7.7.1.1. Company Overview
- 7.7.1.2. Financial Performance
- 7.7.1.3. Product Benchmarking
- 7.7.1.4. Strategic Framework
- 7.7.2. Red Brand.
- 7.7.2.1. Company Overview
- 7.7.2.2. Financial Performance
- 7.7.2.3. Product Benchmarking
- 7.7.2.4. Strategic Framework
- 7.7.3. BMD Inc.
- 7.7.3.1. Company Overview
- 7.7.3.2. Financial Performance
- 7.7.3.3. Product Benchmarking
- 7.7.3.4. Strategic Framework
- 7.7.4. Edge Wholesale Direct
- 7.7.4.1. Company Overview
- 7.7.4.2. Financial Performance
- 7.7.4.3. Product Benchmarking
- 7.7.4.4. Strategic Framework
- 7.7.5. Ramm Fence Systems, Inc.
- 7.7.5.1. Company Overview
- 7.7.5.2. Financial Performance
- 7.7.5.3. Product Benchmarking
- 7.7.5.4. Strategic Framework
- 7.7.6. Kencove Farm Fence Supplies
- 7.7.6.1. Company Overview
- 7.7.6.2. Financial Performance
- 7.7.6.3. Product Benchmarking
- 7.7.6.4. Strategic Framework
- 7.7.7. American Wholesale Fence Works
- 7.7.7.1. Company Overview
- 7.7.7.2. Financial Performance
- 7.7.7.3. Product Benchmarking
- 7.7.7.4. Strategic Framework
- 7.7.8. Oklahoma Steel & Wire, Inc.
- 7.7.8.1. Company Overview
- 7.7.8.2. Financial Performance
- 7.7.8.3. Product Benchmarking
- 7.7.8.4. Strategic Framework
- 7.7.9. Farm Fence Solutions, LLC.
- 7.7.9.1. Company Overview
- 7.7.9.2. Financial Performance
- 7.7.9.3. Product Benchmarking
- 7.7.9.4. Strategic Framework
- 7.7.10. Midwest Air Technologies Inc.
- 7.7.10.1. Company Overview
- 7.7.10.2. Financial Performance
- 7.7.10.3. Product Benchmarking
- 7.7.10.4. Strategic Framework
- 7.7.11. San Antonio Steel Company
- 7.7.11.1. Company Overview
- 7.7.11.2. Financial Performance
- 7.7.11.3. Product Benchmarking
- 7.7.11.4. Strategic Framework
- 7.7.12. Tornado Wire Ltd
- 7.7.12.1. Company Overview
- 7.7.12.2. Financial Performance
- 7.7.12.3. Product Benchmarking
- 7.7.12.4. Strategic Framework
- 7.7.13. ProFence LLC
- 7.7.13.1. Company Overview
- 7.7.13.2. Financial Performance
- 7.7.13.3. Product Benchmarking
- 7.7.13.4. Strategic Framework
- 7.7.14. STAY TUFF FENCE
- 7.7.14.1. Company Overview
- 7.7.14.2. Financial Performance
- 7.7.14.3. Product Benchmarking
- 7.7.14.4. Strategic Framework
- 7.7.15. River Valley Fencing
- 7.7.15.1. Company Overview
- 7.7.15.2. Financial Performance
- 7.7.15.3. Product Benchmarking
- 7.7.15.4. Strategic Framework
- 7.7.1. Bekaert
List of Tables
- Table 1 U.S. Agricultural Fencing Market Estimates & Forecast, By Material, 2018 - 2030 (USD Million)
- Table 2 U.S. Agricultural Fencing Market Estimates & Forecast, By Product, 2018 - 2030 (USD Million)
- Table 3 Recent Developments & Impact Analysis, By Key Market Participants
- Table 4 Company Market Share, 2022
- Table 5 Company Heat Map Analysis
List of Figures
- Fig. 1 U.S. Agricultural Fencing Market Segmentation
- Fig. 2 Information Procurement
- Fig. 3 Data Analysis Models
- Fig. 4 Market Formulation and Validation
- Fig. 5 Data Validating & Publishing
- Fig. 6 Segmental Outlook
- Fig. 7 Competitive Outlook
- Fig. 8 U.S. Fencing Market Value, 2022 (USD Million)
- Fig. 9 U.S. Agriculture Fencing Market Value Chain Analysis
- Fig. 10 U.S. Agriculture Fencing Market Driver Analysis
- Fig. 11 U.S. Popolation (2017-2021) (In Million)
- Fig. 12 U.S. Agriculture Fencing Market Restraint
- Fig. 13 U.S. Agriculture Fencing Market PORTER's Analysis
- Fig. 14 PESTLE by SWOT
- Fig. 15 U.S. Agricultural Fencing Market, by Material: Key Takeaways
- Fig. 16 U.S. Agricultural Fencing Market, by Material: Market Share, 2022 & 2030
- Fig. 17 U.S. agricultural fencing market estimates & forecasts, by metal 2018 - 2030 (USD Million)
- Fig. 18 U.S. Agricultural Fencing Market Estimates & Forecasts, by Wood 2018 - 2030 (USD Million)
- Fig. 19 U.S. Agricultural Fencing Market Estimates & Forecasts, by Others 2018 - 2030 (USD Million)
- Fig. 20 U.S. Agricultural Fencing Market, by Product: Key Takeaways
- Fig. 21 U.S. Agricultural Fencing Market, by Product: Market Share, 2022 & 2030
- Fig. 22 U.S. Agricultural Fencing Market Estimates & Forecasts, by Barbed Wire, 2018 - 2030 (USD Million)
- Fig. 23 U.S. Agricultural Fencing Market Estimates & Forecasts, by Cattle Fence, 2018 - 2030 (USD Million)
- Fig. 24 U.S. Agricultural Fencing Market Estimates & Forecasts, by Field Fence, 2018 - 2030 (USD Million)
- Fig. 25 U.S. Agricultural Fencing Market Estimates & Forecasts, by Stable Mesh Fencing, 2018 - 2030 (USD Million)
- Fig. 26 U.S. Agricultural Fencing Market Estimates & Forecasts, by Others, 2018 - 2030 (USD Million)
- Fig. 27 Kraljic Matrix
- Fig. 28 Engagement Model
- Fig. 29 Sourcing Best Practices
- Fig. 30 Vendor Selection Criteria
- Fig. 31 Competition Categorization
- Fig. 32 Company Market Positioning
- Fig. 33 Market Share Analysis
- Fig. 34 Strategy Mapping
