The industry's performance was adversely affected by the recession, as demand for fences and scaffolding fell in line with the decline in construction projects. Many operators also struggled to maintain profitability, as volatile input prices of steel and aluminum challenged the industry. Nevertheless, demand will pick up in the next five years thanks to the economic recovery and a slight increase in construction activity, primarily for repairs and renovations. Also, increased construction spending across all markets will drive growth of scaffolding products.
This industry manufactures metal fencing, gates and scaffolding. The industry includes products made from purchased metal as well as fencing and gates made at plants that draw wire.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.