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Crowd control barriers prominently find application in two ways – temporary and fixed. Majority of event organizers prefer to set up temporary barriers at their events. Events such as music concerts, dance shows, and sports events are key revenue providers that largely use these barriers to manage crowds. Further, rising use of crowd control barriers in public places such as airports, bus and railway stations, religious places, etc., is driving market growth.
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Owing to a wide range of applications, the global crowd control barrier market is set to top a market valuation of US$ 1.9 billion in 2022. Increasing footfall in shopping malls, amusement parks, pubs & restaurants, etc., is creating demand for crowd barriers. Use of steel material in barriers will increase 2X and create an absolute dollar opportunity of around US$ 1.9 billion over the forecast period, as per in-depth industry analysis by Fact.MR, a market research and competitive intelligence provider.
North America is the largest consumer as well as producer of crowd control barriers, owing to which, it acquired nearly one-third market share at the end of 2021. Emerging markets such as India and Thailand are expected to offer significant opportunities to manufacturers by providing various taxes and other benefits. These are markets with a large consumer base and low labor rate; this will provide long-term growth and higher revenue potential.
Key Segments of Crowd Control Barrier Industry Research
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Key Takeaways from Market Study
“Growing number of sports and other gatherings post pandemic is likely to boost sales of crowd control barriers during the short-term period.” says a Fact.MR analyst.
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Winning Strategy
Leading manufacturers are significantly investing in research and development activities to come up with new products. Market participants are competing to develop a robust presence in regional market to gain long-term benefits.
Companies are concentrating on building long-standing relationships with end-use consumers to have consistency in demand. The global crowd control barrier market is largely fragmented; however, leading players should focus on mergers & acquisitions to gain a significant share, inorganically, in the market.
More Valuable Insights on Offer
Fact.MR, in its new offering, presents an unbiased analysis of the global crowd control barrier market, presenting historical demand data (2017-2021) and forecast statistics for the period of 2022-2032.
The study divulges essential insights on the market on the basis of type (fence barriers, post barriers (belt barriers, post & rope barriers, post & chain barriers), material (steel, aluminium, plastic, others), function (expandable barriers, non-expandable barriers), usage (indoor, outdoor), ownership (private, rental), and application (public places (airports, bus and railway stations, religious places, shopping malls, amusement parks, hospitals & healthcare centres, pub and restaurants, government, military & police, others), commercial spaces (corporate offices, sporting & social events, schools & universities, others), others (rallies, exhibitions, disaster mgt.)), across key regions (North America, Latin America, Europe, East Asia, South Asia & Oceania, and MEA)
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