Scaffolding Market By Type (Supported scaffolding, Suspended scaffolding, Rolling scaffolding), By Material(Steel, Aluminum, Wood), By Application(Construction industry, Electrical maintenance, Temporary stage), By Region And Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends, And Forecast 2023-2032
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Jul 2023
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This report was compiled by Correspondence Linkedin | Detailed Market research Methodology Our methodology involves a mix of primary research, including interviews with leading mental health experts, and secondary research from reputable medical journals and databases. View Detailed Methodology Page
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Report Overview
Scaffolding Market size is expected to be worth around USD 113.3 Bn by 2032 from USD 72.43 Bn in 2022, growing at a CAGR of 4.7% during the forecast period from 2023 to 2032.
The scaffolding market encompasses an industry that manufactures and distributes equipment that facilitates the construction and maintenance of various structures, such as buildings and bridges. Scaffolding is a temporary structure that supports the workers and materials engaged in these activities, making them safer and more productive.
This report aims to provide a comprehensive overview of the scaffolding market, including its definition, significance, significant innovations, major investments, growth projections, and numerous applications. In addition, the report intends to investigate the industries that have invested in scaffolding, the market's underlying drivers, ethical considerations, and responsible utilization, as well as numerous examples of scaffolding applications in various industries.
Scaffolding is crucial because it ensures a secure and stable structure that enables workers to perform duties at elevated heights. Scaffolding provides a protective barrier against accidents and injuries, thereby enhancing the efficacy and productivity of construction activities.
It ensures compliance with safety regulations and reduces the likelihood of legal liability resulting from regretful incidents. Scaffolding has a number of advantages, including its simplicity of assembly and disassembly, its adaptability to varying heights, and its adaptability to a variety of work categories.
In recent years, the scaffolding market has been flooded with notable innovations, demonstrating the industry's dedication to progress. Utilizing lightweight materials such as aluminum and fiberglass makes scaffolding more transportable, simple to construct and disassemble, and one of the most significant innovations.
Driving factors
Increase in the Construction Industry
The fast development of construction activity throughout the world has led to a huge increase in scaffolding demand. The expansion of the construction sector has been a primary motivating factor for the market, which has contributed to the growth of the market.
Urban Development Projects
The growth of the scaffolding market may be attributed in part to the growing number of urban development projects that call for the use of scaffolding. For the construction work involved in these projects, scaffolding is required.
Regulations and Standards Regarding Safety
The adoption of stringent safety regulations and standards at construction sites all over the world has led to a surge in the demand for scaffolding products that are both high-quality and secure on the market. On construction sites all throughout the world, governments are enforcing stringent safety standards.
Labor in the Field of Reconstruction and Upkeep
Scaffolding is required to be used if there is work to be done to maintain and repair things on a regular basis. This is done to guarantee both safety and simplicity of usage. The growth of the scaffolding market may be directly attributed to this work. The expanding population has also led to a rise in the demand for residential construction operations.
Restraining Factors
Due to a Lack of Skilled Labour
The shortage of available competent labor is one of the primary factors that is limiting the scaffolding market. Scaffolding requires trained personnel who are able to install, utilize, and disassemble the scaffolding in order for it to be useful. The lack of available competent workers has resulted in higher prices and decreased levels of productivity, both of which have had a detrimental influence on the expansion of the market.
Stringent Safety Regulations are in place.
Even while safety rules and standards have been an essential factor in the expansion of the scaffolding market, there is always room for improvement in this area. Scaffolding of the highest quality and safety standards is required to comply with the stringent safety restrictions that governments all over the globe are imposing on building sites. Scaffolding may become more expensive as a result of these requirements, which may diminish consumer demand and slow market expansion.
Type Analysis
The Supported Scaffolding Segment Dominates the Scaffolding Market.
The scaffolding market is undergoing a substantial transition toward the Supported Scaffolding Segment. Supported scaffolding systems consist of vertical poles, platforms, and braces that provide employees with a safe and stable platform to access elevated work locations. Demand for these systems has been driven by an increase in construction and renovation initiatives.
Supported Scaffolding Segment adoption is being driven by the expansion of construction activities in emerging economies such as China, India, and Brazil. A number of factors contribute to the expansion of the construction industry, including the increase in government spending on infrastructure projects, the rise in urban population, and the expansion of the transportation sector.
The safety of employees has always been a major concern in all industries. Consumers require scaffolding options that provide a secure working environment and are of superior quality. Supported scaffolding systems are economical and provide employees with a safe and stable platform. As a consequence, it has become the consumer's preferred option.
Material Analysis.
The segment of aluminum scaffolding dominates the scaffolding market.
The utilization of aluminum in scaffolding systems has acquired market popularity. Aluminum's advantages include its light weight, durability, and versatility. The increase in construction activity has contributed to the expansion of the aluminum scaffolding market.
Emerging economies have increased aluminum scaffolding demand. The need for high-rise structures and large infrastructure projects has resulted in a boom in the construction industry, thereby increasing the demand for aluminum scaffolding.
Aluminum scaffolding is preferred by consumers due to its lightweight, which makes it simple to handle and transport. In addition, its durability and adaptability guarantee a long-lasting solution to their scaffolding requirements.
Application Analysis
The Construction Industry Segment Dominates the Scaffolding Market.
Scaffolding systems are used in a wide range of industries, with construction being the largest contributor to market expansion. The demand for scaffolding systems is expected to rise as a result of the expansion of construction activities worldwide.
The increase in construction activities in emerging economies is fueling the industry's demand for scaffolding systems. This development is caused by a number of factors, including the increase in urban population and government investments in infrastructure initiatives.
Consumer behavior toward the Construction Segment is significantly influenced by the requirement for worker safety. Consumers require scaffolding options that provide a secure working environment and are of superior quality.
Key Market Segments
By Type
- Supported scaffolding
- Suspended scaffolding
- Rolling scaffolding
By Material
- Steel
- Aluminum
- Wood
By Application
- Construction industry
- Electrical maintenance
- Temporary stage
Growth Opportunity
Expansion into emerging markets
As developing nations such as China, India, and Brazil continue to experience rapid urbanization and infrastructure development, their demand for safe, high-quality scaffolding systems will rise. The construction industry in these nations is projected to expand exponentially, and our company is positioned to capitalize on this development. Through partnerships with local scaffolding companies and distributors, we have established a strong presence in these markets, allowing us to offer our products to a larger consumer base.
Diversification of Available Products
We recognize the importance of meeting the diverse requirements of our customers, and as a result, we've expanded our product offerings to include a broader selection of scaffolding systems. Our scaffolding systems, which include ring lock, cup lock, and frame scaffolding, are suitable for both minor and large-scale undertakings. In addition, we have made significant investments in the development of specialized scaffolding systems for unique projects, such as offshore operations, power plants, and high-rise structures.
Strategic Collaborations and Partnerships
Collaboration with industry leaders has proved to be an effective strategy for expanding our market reach and improving our product offerings. Our strategic alliances with prominent scaffolding system manufacturers and distributors have enabled us to expand our customer base and enter new geographic markets. In addition, we have partnered with construction companies, engineering firms, and project management companies to provide comprehensive scaffolding solutions for complex projects.
Latest Trends
Growing Industrialization
As more countries embrace industrialization, the demand for safe and dependable scaffolding solutions has increased dramatically. In this context, high-quality scaffolding solutions are necessary to support expanding construction and infrastructural projects, particularly in flourishing emerging markets such as China and India.
In addition, industrial actors have become increasingly aware of the significance of not only optimizing their production capacity but also enhancing their overall operational efficiency. In light of this, scaffolding is viewed as a crucial enabler of quicker and safer work processes, increasing productivity and minimizing downtime.
Increase in Safety Awareness Programmes
Safety awareness initiatives have also had a significant impact on the development of the scaffolding market. Governments, industry groups, and other relevant stakeholders have been eager to stem the tide of accidents and fatalities that have plagued the construction industry, one of the most hazardous industries.
This has led to the emergence of stringent regulatory frameworks that govern the design, installation, and use of scaffolding systems, particularly as construction sites have become more difficult to traverse. Consequently, there is a growing trend towards the use of innovative and safer scaffolding solutions that are more in line with global best practices.
Increasing Importance of Sports and Events
Lastly, the growing importance of sports and events is substantially influencing the scaffolding market, particularly in developed economies. As countries continue to host more and more prominent sporting and cultural events, there is an implicit demand for architects, builders, and designers to create structures that stand out and make a statement.
This has resulted in the development of spectacular and innovative scaffolding solutions that not only provide an optimal working environment but are also frequently designed to be aesthetically pleasing in order to boost the profile of the project.
Regional Analysis
The Asia-Pacific region is the world's largest and fastest-growing scaffolding market, accounting for a substantial share of the global market. Several factors, including accelerated urbanization, industrialization, and increasing investments in infrastructure development, have contributed to the region's growth.
Countries such as China, India, and Japan are propelling the regional scaffolding market's expansion. Particularly, China is the largest scaffolding market in the world, with a growing demand for construction and infrastructure development, including the construction of large-scale projects such as airports, highways, and high-speed rail lines.
China and India, the scaffolding market in Japan, South Korea, and Southeast Asian nations such as Vietnam, Indonesia, and Thailand is experiencing considerable expansion. Increasing urbanization and infrastructure growth in these nations are propelling demand for scaffolding products and services.
the Asia-Pacific region has witnessed a growing emphasis on safety and the use of advanced scaffolding solutions, which has increased the demand for superior scaffolding products and services. Consequently, several international and regional scaffolding businesses are expanding their operations in the region to capitalize on the expanding market opportunities.
Key Regions and Countries
North America
- US
- Canada
- Mexico
Western Europe
- Germany
- France
- The UK
- Spain
- Italy
- Portugal
- Ireland
- Austria
- Switzerland
- Benelux
- Nordic
- Rest of Western Europe
Eastern Europe
- Russia
- Poland
- The Czech Republic
- Greece
- Rest of Eastern Europe
APAC
- China
- Japan
- South Korea
- India
- Australia & New Zealand
- Indonesia
- Malaysia
- Philippines
- Singapore
- Thailand
- Vietnam
- Rest of APAC
Latin America
- Brazil
- Colombia
- Chile
- Argentina
- Costa Rica
- Rest of Latin America
Middle East & Africa
- Algeria
- Egypt
- Israel
- Kuwait
- Nigeria
- Saudi Arabia
- South Africa
- Turkey
- United Arab Emirates
- Rest of MEA
Key Players Analysis
In 2022, it is projected that the global scaffold apparatus market will be worth $2.7 billion. Competing with one another in terms of quality, price, customization, and after-sales services, numerous key players dominate the global scaffolding market.
PERI GmbH, Safway Group Holding LLC, Southwest Scaffolding LLC, Altrad Group, Brand Energy & Infrastructure Services, SGB Altrad, MJ-Gerüst GmbH, and Hunnebeck are among the market's leading companies. In 2019, PERI GmbH held the greatest market share in the scaffolding industry with 9.9%, followed by Safway Group Holding LLC. (7.5%) and Altrad Group (6.0%).
To improve the quality, safety, and efficacy of their products, the key players in the scaffolding market are concentrating on product innovation and R&D Through strategic alliances, mergers & acquisitions, and partnerships with other prominent market players, they are also expanding their presence.
In addition, these players are expanding their operations into developing nations to capture emerging markets, particularly in Asia-Pacific and the Middle East. The increase in infrastructure development and construction activities in emerging nations creates opportunities for the growth of the scaffolding market. Globally, the key players in the scaffolding market are committed to delivering high-quality and secure products to their consumers.
Top Key Players in Scaffolding Market
- Wilhelm Layher Holding GmbH & Co. KG
- Safway Group Holding LLC
- PERI GmbH
- Altrad Group
- ULMA Construction
- MJ-Gerüst GmbH
- Waco Kwikform Limited
- Stepup Scaffold, LLC
- ADTO Industrial Group Co., Ltd.
- Changli XMWY Formwork Scaffolding Co., Ltd.
- Beijing Kangde
Recent Development
- In July 2022 StepUp Scaffold UK made a significant step by entering the UK market. StepUp Scaffold UK is a subsidiary of StepUp Scaffold Group, a renowned provider of scaffolding and access apparatus headquartered in Memphis, Tennessee, United States. With this expansion, StepUp Scaffold UK intends to provide its consumers with high-quality, innovative, and safe scaffolding and access equipment solutions for the UK market.
- In July 2022 Doka, a leading provider of formwork solutions and services for the construction industry, announced an investment in AT-PAC, a prominent American scaffolding manufacturer. This investment is anticipated to strengthen the existing cooperation between the two companies, enabling them to offer their consumers more innovative and comprehensive solutions.
Report Scope
Report Features Description Market Value (2022) USD 72.43 Bn Forecast Revenue (2032) USD 113.3 Bn CAGR (2023-2032) 4.7% Base Year for Estimation 2022 Historic Period 2016-2022 Forecast Period 2023-2032 Report Coverage Revenue Forecast, Market Dynamics, COVID-19 Impact, Competitive Landscape, Recent Developments Segments Covered By Type (Supported scaffolding, Suspended scaffolding, Rolling scaffolding), By Material(Steel, Aluminum, Wood), By Application(Construction industry, Electrical maintenance, Temporary stage) Regional Analysis North America – The US, Canada, & Mexico; Western Europe – Germany, France, The UK, Spain, Italy, Portugal, Ireland, Austria, Switzerland, Benelux, Nordic, & Rest of Western Europe; Eastern Europe – Russia, Poland, The Czech Republic, Greece, & Rest of Eastern Europe; APAC – China, Japan, South Korea, India, Australia & New Zealand, Indonesia, Malaysia, Philippines, Singapore, Thailand, Vietnam, & Rest of APAC; Latin America – Brazil, Colombia, Chile, Argentina, Costa Rica, & Rest of Latin America; Middle East & Africa – Algeria, Egypt, Israel, Kuwait, Nigeria, Saudi Arabia, South Africa, Turkey, United Arab Emirates, & Rest of MEA Competitive Landscape Wilhelm Layher Holding GmbH & Co. KG, Safway Group Holding LLC, PERI GmbH, Altrad Group, ULMA Construction, MJ-Gerüst GmbH, Waco Kwikform Limited, Stepup Scaffold, LLC, ADTO Industrial Group Co., Ltd., Changli XMWY Formwork Scaffolding Co., Ltd., Beijing Kangde Customization Scope Customization for segments, region/country-level will be provided. Moreover, additional customization can be done based on the requirements. Purchase Options We have three licenses to opt for Single User License, Multi-User License (Up to 5 Users), Corporate Use License (Unlimited User and Printable PDF) -
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- Wilhelm Layher Holding GmbH & Co. KG
- Safway Group Holding LLC
- PERI GmbH
- Altrad Group
- ULMA Construction
- MJ-Gerüst GmbH
- Waco Kwikform Limited
- Stepup Scaffold, LLC
- ADTO Industrial Group Co., Ltd.
- Changli XMWY Formwork Scaffolding Co., Ltd.
- Beijing Kangde