The global scaffolding market is experiencing significant growth, driven by rapid urbanization, increasing infrastructure development, and the rise in construction activities worldwide. Scaffolding, a temporary structure used to support workers and materials during the construction, maintenance, and repair of buildings and other structures, is an essential component of the construction industry. As cities expand and governments invest in infrastructure projects, the demand for scaffolding systems is expected to rise steadily over the coming years.
Scaffolding Market Size was valued at USD 47,945.8 million in 2021. The scaffolding market industry is projected to grow from USD 50,774.6 million in 2022 to USD 75,843.4 million by 2030, exhibiting a compound annual growth rate (CAGR) of 5.90% during the forecast period (2022 – 2030).
Key Trends Driving the Market
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Challenges Facing the Scaffolding Market
Despite the positive growth outlook, the scaffolding market faces several challenges:
Market Segmentation
The MRFR report highlights an inclusive segmental analysis of the global scaffolding market based on form, type, and application.
By form, the global scaffolding market is segmented into scaffolding rolling, scaffolding sponsored, and suspended scaffolding. Of these, the scaffolding sponsored segment will lead the market over the forecast period.
By type, the global scaffolding market is segmented into wood, steel, aluminium, and others. Of these, the steel segment will dominate the market over the forecast period.
By application, the global scaffolding market is segmented into temporary stage, electrical maintenance, construction industry, and others. Of these, the construction segment will spearhead the market over the forecast period.
Key Companies in the scaffolding market include
Company News and Developments
The scaffolding market is highly competitive, with several key players striving to expand their market share through strategic initiatives, partnerships, and product innovations. Below are some recent developments in the industry:
Layher Group: A leading scaffolding manufacturer, Layher Group, recently launched a new modular scaffolding system designed for enhanced safety and efficiency. The system features lightweight components and easy assembly, making it ideal for large-scale construction projects. The company also announced plans to expand its production facilities in Europe to meet growing demand.
PERI GmbH: PERI, a global leader in formwork and scaffolding solutions, has introduced a new digital platform for scaffolding design and planning. The platform uses advanced algorithms to optimize scaffolding layouts, reducing material waste and improving project efficiency. PERI has also partnered with several construction firms to promote the adoption of sustainable scaffolding practices.
BrandSafway: BrandSafway, one of the largest scaffolding and access solutions providers, recently acquired a smaller competitor to strengthen its market position in North America. The acquisition is expected to enhance the company’s product portfolio and expand its customer base. BrandSafway has also invested in training programs to address the labor shortage in the construction industry.
ULMA Construction: ULMA, a Spanish scaffolding manufacturer, has unveiled a new range of eco-friendly scaffolding systems made from recycled materials. The company is also focusing on expanding its presence in emerging markets, particularly in Asia and Latin America, where infrastructure development is booming.
Waco Kwikform: Waco Kwikform, a leading provider of formwork and scaffolding solutions, has introduced a new mobile scaffolding system designed for use in confined spaces. The system is lightweight, easy to maneuver, and complies with the latest safety standards. The company has also launched a new training program to educate workers on the safe use of scaffolding systems.
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Regional Insights
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