Global Scaffolding Market By Type Overview
The global scaffolding market accounted for US$ 50.65 billion in 2020 and is estimated to be US$ 85.86 billion by 2030 and is anticipated to register a CAGR of 5.5%.
Scaffolding is also known as staging or scaffold is a non-permanent structure which supports workers and materials in construction, ship building, oil & gas, and various other industries that require construction work. A variety of materials are used in the manufacture of temporary scaffolding structure such as bamboo, wood, aluminum, and steel to the latest high strength steel grades. Scaffolding involves major structures or components of construction built off-site, generally, at factories to be erected later on site on concrete foundation. There are 3 types of scaffolding used such as suspended, support, and aerial. The purpose of scaffolding is to elevate and support workers and materials during the construction, repair, or cleaning of a structure or machine. It is composed of one or more planks of convenient size and length, with various methods of support, depending on the form and use.
Global Scaffolding Market By Type Drivers & Restraints
Rising industrialization and construction industry
Growing demand from the construction industry with increasing commercial buildings is a major factor drives the growth of the global scaffolding market. Improvement in residential infrastructure is also drives the growth of the global scaffolding market. Maintenance which involves cleaning, repairs, painting jobs, electrical installations and other activities also drives the demand for supported or suspended scaffoldings over the forecast period. Technological advancements in reconstructive surgical procedures causes better integration of an implant at the desired site, which propels the growth of the global scaffolding market over the forecast period. Scaffoldings are also used in an adapted form for shoring and form-work, concert stages, grandstand seating, exhibition stands, access/viewing towers, ski ramps, art projects, and half pipes. This leads to growth of the global scaffolding market.
However, fluctuation in raw material prices and slower economic growth restraint the growth of the global scaffolding market.
Global Scaffolding Market By Type Segmentations & Regional Insights
This report segments the global scaffolding market on the basis of type, material, application, and region.
On the basis of type, the global scaffolding market has been segmented into supported scaffolding, suspended scaffolding and rolling scaffolding. Based on material, the global scaffolding market has been divided into steel, aluminum, wood and others. On the basis of application, the global scaffolding market has been segmented into construction industry, electrical maintenance, temporary stage, and others.
Regional Insights:
The global scaffolding market accounted for US$ 50.65 billion in 2020 and is estimated to be US$ 85.86 billion by 2030 and is anticipated to register a CAGR of 5.5%. On region the global scaffolding market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in Asia Pacific account major share in global scaffolding market and expected to continue its dominance over forecast period. This is attributed to increasing foreign direct investment in construction and supportive government regulations and policies in Asia Pacific region. In addition, increasing population, and inadequacy of housing structures drives the growth of the global scaffolding market in Asia Pacific region. India and China are prominent region for scaffolding market in Asia Pacific Region. As governments of these countries are offering tax benefits to encourage the construction of houses. For instance, in June 2015, Pradhan Mantri Awas Yojana is one such initiative launched by the Government of India aimed at providing houses at an affordable cost to people from middle to low-income groups. North America region is expected grow over forecast period owing to growing construction market in the US due to increased private spending on residential construction
Report Scope:
Attribute |
Details |
Base year for estimation |
2020 |
Forecast period |
2020 – 2030 |
Market representation |
Revenue in USD Billion & CAGR from 2020 – 2030 |
Market Segmentation |
By Type- Supported Scaffolding, Suspended Scaffolding, and Rolling Scaffolding By Material– Steel, Aluminum, Wood, and Others By Application– Construction Industry, Electrical Maintenance, Temporary Stage, and Others |
Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the global scaffolding market report based on type, material, application, and region.
Global Scaffolding Market, By Region:
- North America
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Europe
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- U.S.
- Canada
- Middle East & Africa
Global Scaffolding Market By Type Competitive Landscape & Key Players
The key players operating in the global scaffolding market includes 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., and KHK Scaffolding & Formwork LLC.
Global Scaffolding Market By Type Company Profile
- Wilhelm Layher Holding GmbH & Co. KG
- Safeway Group Holding LLC
- PERI GmbH
- Altrad Group
- ULMA Construction
- MJ-Gerüst GmbH
- Waco Kwikform Limited
- Stepup Scaffold, LLC
- ADTO Industrial Group Co., Ltd.
- KHK Scaffolding & Formwork LLC.
Global Scaffolding Market By Type Highlights
FAQs
The Global Scaffolding Market is segmented into type, material, application, and region.
Individual disposable income has increased, as has their awareness of attractive outdoor designs, which has shifted the inclination toward home remodelling among residential end users, particularly in urban areas, driving demand for scaffolding products and propelling the global scaffolding market forward.
By region, Asia Pacific region accounted significant share in global scaffolding market owing to growing foreign direct investment in construction and supportive government regulations and policies in this region.
The Key players operating in the Global Scaffolding Market include Wilhelm Layher Holding GmbH & Co. KG, Safway Group Holding LLC, PERI GmbH, Altrad Group, ULMA Construction, MJ-GerĂ¼st GmbH, Waco Kwikform Limited, Stepup Scaffold, LLC, ADTO Industrial Group Co., Ltd., and KHK Scaffolding & Formwork LLC.