Report Overview

United States Lumber Wood Fencing Market- Industry Trends & Forecast Report 2027

United States Lumber Wood Fencing market was worth USD 1,551.0 Million in 2020, further anticipated to grow at a CAGR of 6.5% during the forecast period (2021-2027) to reach the valuation of USD 2,391.4 Million by 2027. The growth of the United States Lumber Wood Fencing market can be ascribed to increased spending on building projects in the country. According to the Construction Association, construction is a significant contributor to the US economy. The industry employs over seven million people and produces approximately $1.4 trillion in constructions. The necessity for security and the demarcation of zones for better protection and raising the aesthetic appeal of properties also drive the demand for fence products and solutions across the US. Furthermore, the growing demand for fencing in industrial areas, colleges, and schools to improve the security of premises has a beneficial impact on product demand. Furthermore, the United States Lumber Wood Fencing market is being driven by an increasing number of initiatives for the development of gardens and parks.

Source: BlueWeave Consulting

United States Lumber Wood Fencing Market Overview

Beautiful fences are an added attraction to a property. Lumber Wood Fencing is one of these options, which helps define boundaries, control access, and increase privacy, among other things. Woody fencing is strong enough if properly erected with the right wood. It will serve as a natural, non-toxic, and adequately climate-proof framework around your property that is also affordable and lightweight. Timber has shown to be a viable natural resource for usage in a variety of commercial and domestic fences all over the world. It comes in a variety of forms & sizes and may be easily adjusted using standard equipment to achieve the appropriate shape and size, making the wood easy to deal with in planks and logs. Wood in its natural form (Depending on the species) or seasoning treatment can last longer and perform better than many wood-alternative materials.

United States Lumber Wood Fencing Market Trend

Growth Drivers

Rising Construction Activities & Demand for Decorative Home Products

The United States market for lumber wood fencing is expected to grow in the coming years, owing to a robust economy and a developed market. Rising building activity and demand for ornamental home products are expected to drive market expansion in the United States. Furthermore, consumer enthusiasm in home décor and home improvement is likely to spur market growth. Other factors impacting market expansion include rising disposable incomes and people's improving lifestyles.

Furthermore, increasing incidents of security breaches are driving the need for safety and security. According to the Construction Association, the United States construction industry contributed USD 887 billion to the GDP in 2019, while California's construction industry contributed US118.1 billion to the state GDP in 2019. The construction industry registered reduced activities in 2020 owing to the COVID-19-induced pandemic. However, the industry is expected to pick up in 2021 and support the growth of the lumber wood fencing market during the forecast period.

Additionally, the demand for home décor products is increasing among homeowners. Furniture giant IKEA is looking to launch furniture buyback and secondhand sales in the United States. The move is likely to attract even more customers to IKEA stores and fuel the growth of the lumber wood fencing market in coming years.

Restraint

Fluctuating Prices of Raw Material

The prices of raw material (lumber/timber) fluctuate a lot depending upon various factors, including market demand, supply, disruptions in the supply chain, availability of the material, political reasons, and other factors. Lumber prices climbed to an all-time high of USD 1,686 per thousand board feet in May 2021, a rise of 406% since May 2020. Among the factors affecting lumber prices are a convergence of Canadian lumber tariffs, a shortage of labor in the industry, an increase in demand for home remodeling and construction caused by the pandemic, and hiccups in supply related to transportation. Additionally, the price of lumber fell by more than 40% in June 2021 and by more than 65% by September 2021. Changing raw material prices make it difficult for manufacturers to acquire raw materials, thus limiting the growth of the U.S. lumber wood fencing market.

Impact Of COVID-19

Because of the nationwide lockdown, labor shortage, and rise in raw materials prices, the construction industry saw a decline in the market. However, because of lockdown, people turned to DIY projects, due to which the United States lumber and wood fencing market slightly grew due to COVID-19.

Following the coronavirus outbreak in the United States, construction activities and workers were deemed necessary. While work progressed in most regions of the country, project delays were caused by various obstacles. Because of the economic slump and supply chain interruptions, the construction timelines and operations were jeopardized. Contractors were also affected because subcontractors failed to report to work on time. All of these reasons contributed to the construction sector's output in the United States falling in 2020.

United States Lumber Wood Fencing Market: By Product

Based on products, the market has been fragmented into softwood, hardwood, plywood, and MDF. The softwood segment accounted for the largest market share in 2020 and is anticipated to grow at a significant CAGR during the forecast period. The market growth is due to the increased demand from the residential sector and government organizations and public places, associations, and businesses. Softwood is known for its durability. The wood contains natural oils that help keep it from rotting. Western Red Cedar, for example, has been rated as durable to very durable in its resistance to decay. As a result, softwood privacy fences are durable, often lasting longer than pressure-treated wood.

United States Lumber Wood Fencing Market: By Distribution Channel

The United States lumber wood fencing market has been segmented into online and retail-based on the distribution channel. The online segment accounted for a considerable market share in 2020, and the retail sector is still the dominating one. The act of selling products or services directly to the final customer for personal, non-commercial use is referred to as retailing. The United States Lumber Wood fencing market has a large number of retail stores. Due to this, end-users have various options for choosing a fence that is both effective and affordable. Additionally, manufacturers have implemented vertical integration and an effective distribution network to boost profitability. Since specialty retailers offer free home installation, they are still the most preferred channels for consumers who buy fences.

Competitive Landscape

The market for lumber wood fencing in the United States is projected to be highly competitive. The major players on the market are concentrating their efforts on developing and implementing new raw materials to improve the durability of fences, which can greatly boost profits. However, a growing number of local market operators with expired licenses poses a threat to market expansion. Some of the key players in the country are the National fence System, Superior Fence and Rail, Northern Fence, Hercules Fence, Smith Fence, Way Side Fence, Penn Fencing, Fence Master Houston, Armor Fence, Florida Fence, and other prominent players. The main strategies used by these companies for increasing their competitive advantage include offering fencing at a low price and including installation charges. Additionally, time-to-time servicing and better product quality will help key players to gain a competitive advantage in the United States lumber wood fencing market.

Recent Developments

• In September 2021, Ipe Woods USA received Chain of Custody Certification from the Forest Stewardship Council (FSC) as a participant in the Small Business Certification Network (SBCN). Ipe Woods USA sells hardwood lumber directly to consumers.

• In June 2021, LA Lumber Treating, Ltd., Doman Building Materials Group's wholly-owned subsidiary, has acquired the lumber pressure treating plant, equipment, and business previously owned by Fontana Wood Preserving, Inc. and Fontana Wholesale Lumber, Inc.

Scope of the Report

By Product

• Softwood
• Hardwood
• Plywood
• Medium Density Fiberwood (MDF)

By Distribution Channel

• Online
• Retail

By Installation

• Do-It-Yourself (DIY)
• Contractor

By Application

• Residential
• Agriculture
• Industrial

By End-Use

• Government
• Petroleum & Chemicals
• Military & Defence
• Mining
• Energy & Power
• Transport
• Others

1. Research Framework

1.1. Research Objective

1.2. Product Overview

1.3. Market Segmentation

2. Research Methodology

2.1. Qualitative Research

1. Primary & Secondary Research

2.2. Quantitative Research

2.3. Market Breakdown & Data Triangulation

1. Primary & Secondary Research Application
2. Secondary Research
3. Primary Research

2.4. Breakdown of Primary Research Respondents, By Region

2.5. Assumption & Limitation

3. Executive Summary
4. Product Analysis
5. United States Lumber Wood Fencing Market Insights

5.1. Industry Value Chain Analysis

 5.1. Industry Supply Chain Analysis

 5.2. Industry Value Chain Analysis

 5.3. Industry Distribution Channel Analysis

 5.4.  Can We Remove Supplier/Distributors from Supply Chain??

5.2. DROC Analysis

1. Growth Drivers
2. Restraints
3. Opportunities
4. Challenges

5.3. Recent Development/Technological Advancements

5.4. Regulatory Framework

5.5. Porter’s Five Forces Analysis

1. Bargaining Application of Suppliers
2. Bargaining Application of Buyers
3. Threat of New Entrants
4. Threat of Substitutes
5. Intensity of Rivalry
6. United States Lumber Wood Fencing Market Overview

6.1. Market Size & Forecast by Value, 2017-2027

1. By Value (USD Million)

6.2. Market Share & Forecast

1. By Product
1. Softwood
2. Hardwood
3. Plywood
4. Medium Density Fiberwood (MDF)
2. By Distribution Channel
1. Online
2. Retail
3. By Installation
1. Do-It-Yourself (DIY)
2. Contractor

6.2.4.   By Application

1. Residential
2. Agriculture
3. Industrial
5. By End-Use
1. Government
2. Petroleum & Chemicals
3. Military & Defence
4. Mining
5. Energy & Power
6. Transport
7. Others
7. United States Lumber Wood Pricing Analysis

7.1. Cost Estimation by Size

7.2. Cost Estimation by Wood

7.3. Cost Estimation by Other Factors

7.4. Impact of COVID-19 on United States Wood Fencing Price

8. Competitive Landscape

8.1. Company Market Share Analysis, 2020

8.2. List of Key Players and Their Offerings

8.3. Competitive Benchmarking, by Operating Parameters

9. Impact of COVID-19 Across Industry

10.Consumer Behaviour Analysis

1. Demographics
2. End-User Behaviour
3. Factors Affecting Purchase Decision

11.Company Profile (Company Overview, Financial Matrix, Key Product landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook) *

1. Superior Fence & Rail, Inc.
2. National Fence System Inc.
3. Northern Fence Company
4. Hercules Fence
5. Smith Fence
6. Way Side Fence
7. Fence Master
8. Penn Fencing
9. Armor Fence

11.10. Florida Fence

12. Company Profile of Top Lumber Wood Suppliers (Company Overview, Financial Matrix, Key Product landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook) *

12.1 Freres Building Supply

12.2 JOHNSON LUMBER MFG. CO. & JOHNSON'S WORKBENCH

12.3 Addison Building Materials

12.4 Quality Support, LLC

12.5 KENNISON FOREST PRODUCTS, INC.

12.6 U.S. Lumber

12.7 Abenaki Timber Corporation

12.8 Superior Hardwoods

12.9 Riephoff Sawmill

12.10 Bayou City Lumber

13.Key Strategic Recommendations

*Financial details of unlisted companies will be available as per data availability in final deliverable

**The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable.

List of Figures.

Fig 1: Reason Lumber Wood Fencing

Fig 2: United States Lumber Wood Fencing Market Segmentation

Fig 3: United States Lumber Wood Fencing Market Size, By Value (USD Million)

Fig 4: United States Lumber Wood Fencing Market, By Application, By Value (in %), 2020

Fig 5: Raw Material Used for Manufacturing of Fencing

Fig 6: United States Lumber Wood Fencing Market Industry Supply Chain Analysis

Fig 7: United States Lumber Wood Fencing Industry Value Chain Analysis

Fig 8: United States Lumber Wood Fencing Market Industry Value Chain Analysis

Fig 9: United States Lumber Wood Fencing Market Industry Distribution Channel Analysis

Fig 10: Porters Five Forces Analysis

Fig 11: United States Lumber Wood Fencing Market Size, By Value (USD Million), 2017-2027

Fig 12: United States Lumber Wood Fencing Market Share (%), By Product, By Value, 2017-2027

Fig 13: Value Added to GDP by Agriculture and related Industries 2009-2019

Fig 14: United States Lumber Wood Fencing Market Share (%), By Distribution Channel, By Value, 2017-2027

Fig 15: United States Lumber Wood Fencing Market Share (%), By Installation, By Value, 2017-2027

Fig 16: United States Lumber Wood Fencing Market Share (%), By Application, By Value, 2017-2027

Fig 17: United States Lumber Wood Fencing Market Share (%), By End-Use, By Value, 2017-2027

Fig 18: Wood Fence Cost for Property

Fig 19: Wood Fence Cost by Size

Fig 20: Lumber pricing Index

Fig 21: United States Lumber Wood Fencing: Market/Ranking Share Analysis, 2020

Fig 22: United States Lumber Wood Fencing Market Factors Affecting Buying Decisions, 2020

List of Tables.

Table 1: Density of Various Types of Hardwood and Softwood

Table 2: Chemical Constituents of Hardwood and Softwood

Table 3: Mechanical Properties of Plywood

Table 4: Phase 1 and Phase 2 Formaldehyde Emission Standards for Hardwood Plywood (HWPW), Particleboard (PB), and Medium Density Fiberboard (MDF)

Table 5: United States Lumber Wood Fencing Market Size, By Product, By Value (USD Million), 2017-2027

Table 6: United States Lumber Wood Fencing Market Size, By Distribution Channel, By Value (USD Million), 2017-2027

Table 7: United States Lumber Wood Fencing Market Size, By Installation, By Value (USD Million), 2017-2027

Table 8: United States Lumber Wood Fencing Market Size, By Application, By Value (USD Million), 2017-2027

Table 9: United States Lumber Wood Fencing Market Size, By End-Use, By Value (USD Million), 2017-2027

Table 10: Wood Fence Average Cost

Table 11: Wood Fence Average Cost by Size

Table 12: Wood Fence Average Cost by Wood

Table 13: Wood Fence Average Cost by Fence Style

Table 14: List of Key Players and Their Offerings

Table 15: Competitive Benchmarking, by Operating Parameters

Table 16: Superior Fence and Rail, Inc. Business Overview

Table 17: National Fence Systems, Inc. Business Overview

Table 18: Northern Fence Company Business Overview

Table 19: Hercules Fence Business Overview

Table 20: Smith Fence Company Business Overview

Table 21: Wayside Fence Company Business Overview

Table 22: Fence master Houston. Business Overview

Table 23: Penn Fencing Business Overview

Table 24: Armor Fence Company Business Overview

Table 25: Florida Fence Company Business Overview

Table 26: Freres Building Supply Business Overview

Table 27: L.L. Johnson Lumber Mfg. Co. & Johnson's Workbench Business Overview

Table 28: Addison Building Materials Business Overview

Table 29: Quality Support, LLC Business Overview

Table 30: Kennison Forest Products, Inc. Business Overview

Table 31: U.S. Lumber Business Overview

Table 32: Abenaki Timber Corporation Business Overview

Table 33: Superior Hardwoods Business Overview

Table 34: Riephoff Sawmill Business Overview

Table 35: Bayou City Lumber Business Overview