According to the latest research report, the global plastic fencing market is expected to record 7.7% CAGR during the forecast period 2019-2026.

Selbyville, DE -- (SBWire) -- 06/18/2020 --The wide availability of plastic fencing and frequent innovations in product to best suit the changing privacy needs of the people across the globe have magnified their demand over the past several years. According to a recent report, by the end of 2026, the global plastic fencing market was anticipated to touch USD 6.3 billion in total value.

Advanced distribution channels and a reliable production mechanism has ensured the introduction of new and enhanced fencing solutions. Moreover, with an improvement in the purchasing power among people in both developed and developing nations over the past few years, there has been developments in the construction and remodeling activities.

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Some of the main features of plastic fences supporting product adoption include low cost of maintenance, superior durability, and cost-effectiveness. However, these products have witnessed competition from wooden fences due to the traditional and elegant look offered to the landscape design. Although, wooden fences require heavy maintenance and are prone to termites and pests. Also, incorrect installation of a fence may spoil its integrity.

Expounded below are some of the major factors influencing global plastic fencing market outlook over the years.

High use of polyethylene materials

In terms of the type of material, the market is classified into polystyrene, polyethylene, vinyl, and plastic composites. Polyethylene based fencing has witnessed the highest adoption due to enhanced properties like non-rustiness, less deterioration, and UV-resistance. It has a reduced degree of deterioration from variability of abrasions, impacts, thermal, chemical, and biological causes, and structural stress.

Burgeoning agricultural production

The rise in population and the consequent need for agriculture production to meet the growing food demands of the people has driven advancements in the agriculture sector. Reportedly, the current population stands at around 7.8 billion. The agricultural sector of India is a leading contributor to the country's GDP witnesses huge agricultural exports. During 2018-2019, total food grain production in India was recorded at 283.37 million tons.

There is an increasing need to protect farm crops and farm areas from wild animals. The consumers are increasingly using fences to store agricultural and gardening tools and equipment. Plastic fences are available in various sizes like small, medium, and large along with customized dimensions which are magnifying the deployment of the product.

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Wide presence of industry players in Europe

Europe plastic fencing market share has recorded substantial gains over the years due to the easy availability and presence of various product manufacturers in the region. The market players have also collaborated with key distributors to serve a larger target customer base.

The consumers have increasingly installed fences to market their properties as well as to restrict pedestrian access. Considerably high disposable income among people in Europe has intensified the number of remodeling projects in the region, driving the sales of modern fencing materials.

Deployment of gates to provide additional security

Various plastic fencing products include chain link fence, picket fence, gates, and post and rail fence. Gates are widely available in one-piece models and are considered a viable option for backyards, perimeter fencing, and pool enclosures. Gates are mainly installed to provide privacy and security to people and their properties. Moreover, these fences are made with sustainable vinyl coatings that provide maintenance-free protection and are resistant to corrosion.

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