Scaffolding Market – Global Industry Analysis and Forecast (2024-2030)

The Scaffolding Market size was valued at USD 58.82 Billion in 2023 and the total Scaffolding revenue is expected to grow at a CAGR of 6.18% from 2024 to 2030, reaching nearly USD 89.50 Billion

COVID-19 impact on market:

COVID-19 has the potential to have three major effects on the global economy: directly impacting production and demand, causing supply chain and market disruption, and having a financial impact on businesses and financial markets. Our analysts, who are monitoring the situation throughout the world, believe that the market would provide producers with lucrative opportunities following the COVID-19 dilemma.

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Global Scaffolding Market Dynamics:
Scaffolding is a transitory structure either outside or inside the building used by workers while building, cleaning, or repairing the building construction. Scaffoldings are generally made of wooden planks and metal poles such as steel or aluminum. These are broadly used on construction site to advance access to heights or areas which would be hard to reach. Scaffoldings are mostly used to install staging systems, support structures, grid systems, mobile stages, seating, and barricades.

The rising construction sector, infrastructural investments, government initiatives, continued privatization are some of driving factor for the growth of global scaffolding market. Supportive government principles and policies regarding labor safety are one of the key drivers of the global scaffolding market. Maintenance which involves cleaning, painting jobs repairs, electrical installations, and other activities will boost the demand for supported or suspended scaffoldings during the forecast period.

Scaffolding is the safety assistance it brings to any construction project. Its Structures offer a stable platform for workers, safeguarding protection even at great heights. Many construction projects are based on the external structure of a building, which can be complex to access without scaffold structure. Temporary stages are mostly built with the help of scaffolding for various indoor and outdoor events, which expected to dominate the construction industry end-user segment.
Global Scaffolding Market Segment Analysis:
The supported scaffolding segment is estimated to hold xx % significant growth in the global scaffolding market. It offers the feature such as easy installation, safety, and cost-effectiveness, which turns to increase the demand for it. This type of scaffolding is mostly used across all construction requirements. Furthermore, rolling scaffolding is favored commonly for projects which have a short-term duration that essentials to be carried out at many locations over a longer distance. It is mainly used in electrical and mechanical trades.

Aluminum is light in weight than steel. Scaffoldings require them to be manually lifted & put in place where it requires. Aluminum is ideal over steel as the scaffolding can be built faster, in this manner reducing the labor cost. In some emerging countries, labor cost is extremely affordable consequently, a convention of bamboo and wooden poles is common. Bamboo scaffoldings are generally used in the Asia Pacific where it is preferred for flexibility, strength, and eco-friendliness.

External scaffolding is expected to dominate global scaffolding market during the forecast timeline. External scaffoldings are used about 50% of the overall construction of a building or ship whereas internal scaffolding is primarily used for maintenance requirements.
Regional Insights:
The Asia Pacific is expected to lead global scaffolding market owing to growing industrialization and rapid urbanization. Enhancement in residential infrastructure along with new construction activities such as high-speed rail project in Japan and Trans-Sumatra Toll Road in Indonesia is supporting the demand for scaffolding. Growing FDI in construction and supportive government regulations concerning labor safety are expected to lead the scaffolding market globally. New residential properties that are being developed in developing economies such as China and India are boosting the growth in the global scaffolding market.

Key profiled and analysed in the Global Scaffolding Market ULMA Construction, MJ-Gerüst GmbH, Waco Kwikform Limited, Stepup Scaffold, LLC, ADTO Industrial Group Co., Ltd., Changli XMWY Formwork Scaffolding Co., Ltd. Beijing Kangde, Cangzhou Weisitai Scaffolding Co.Ltd., Wilhelm Layher Holding GmbH & Co. KG, Safway Group Holding LLC, PERI GmbH, Altrad Group Instant Upright, Tianjin Wellmade Scaffold Co. ., Youying Group Rapid Scaffolding Engineering Co. , Tianjin Gowe Industrial Co. ., Entrepose Echafaudages Itsen Construction Equipment (Guangzhou) Co. ., Rizhao Fenghua Scaffolding Co. . and KHK Scaffolding & Formwork LLC.

The objective of the report is to present comprehensive analysis of Global Scaffolding Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of industry with dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers.

The report also helps in understanding Global Scaffolding Market dynamics, structure by analyzing the market segments, and project the Global Scaffolding Market size. Clear representation of competitive analysis of key players by Global Scaffolding Market Type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Scaffolding Market make the report investor’s guide.
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Scaffolding Market


Report Coverage
Details


Base Year:
2023
Forecast Period:
2024-2030


Historical Data:
2018 to 2023
Market Size in 2023:
US $ 58.82 Bn.


Forecast Period 2024 to 2030 CAGR:
6.18%
Market Size in 2030:
US $ 89.50 Bn.


 Segments Covered:
by Type
Supported scaffolds
Suspended scaffolds
Pump jack scaffolding
Wooden and bamboo scaffolding
Rolling Scaffolding
Other Types


by Material
Aluminium
Steel
Wood
Others


by End User Industry
Construction Industry
Infrastructure Development
Oil & Gas Industry
Shipbuilding and Marine Industry
Energy and Power Sector
Others



Global Scaffolding Market, by Region
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
North America (United States, Canada and Mexico)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
Key players
1. ULMA Construction
2. MJ-Gerust GmbH
3. Waco Kwikform Limited
4. Stepup Scaffold, LLC
5. ADTO Industrial Group Co., Ltd.
6. Changli XMWY Formwork Scaffolding Co., Ltd.
7. Beijing Kangde
8. Cangzhou Weisitai Scaffolding Co.Ltd.
9. Wilhelm Layher Holding GmbH & Co. KG
10. Safway Group Holding LLC
11. PERI GmbH
12. Altrad Group Instant Upright
13. Tianjin Wellmade Scaffold Co. Ltd.
14. Youying Group Rapid Scaffolding Engineering Co. Ltd
15. Tianjin Gowe Industrial Co. Ltd.
16. Entrepose Echafaudages Itsen Construction Equipment (Guangzhou) Co. Ltd.
17. Rizhao Fenghua Scaffolding Co. Ltd.
18. KHK Scaffolding & Formwork LLC.
19. Layher
20. Harsco
21. Instant Upright
22. Unispan

Frequently Asked Questions:

1. Which region has the largest share in Global Scaffolding Market?
Ans: Asia Pacific region helds the highest share in 2023.

2. What is the growth rate of Global Scaffolding Market?
Ans: The Global Scaffolding Market is growing at a CAGR of 6.18 % during forecasting period 2024-2030.

3. What segments are covered in Global Scaffolding market?
Ans: Global Scaffolding Market is segmented into product, material, location, end-user and region.

4. Who are the key players in Global Scaffolding market?
Ans: The important key players in the Global Scaffolding Market are – ULMA Construction, MJ-Gerust GmbH, Waco Kwikform Limited, Stepup Scaffold, LLC, ADTO Industrial Group, Beijing Kangde, Safway Group Holding LLC, PERI GmbH, Altrad Group Instant Upright, Tianjin Wellmade Scaffold, Tianjin Gowe Industrial Co. Ltd., Rizhao Fenghua Scaffolding, KHK Scaffolding & Formwork LLC., Layher

5. What is the study period of this market?
Ans: The Global Scaffolding Market is studied from 2023 to 2030.