Global Scaffolding market

Scaffolding Market Size, Share, Growth Analysis, By Type (Supported, Suspended), By Material, By Application, By Region - Industry Forecast 2025-2032


Report ID: SQMIG15J2067 | Region: Global | Published Date: December, 2024
Pages: 247 | Tables: 90 | Figures: 76

Scaffolding Market Dynamics

Scaffolding Market Drivers

Rising Demand for Scaffolding in Construction Industry

  • Rising demand from the residential construction industry is a significant market driver. In the infrastructure industry, scaffolding is always required. Also, scaffolding is most needed in the new range of high rail constructions. The construction of high trails is well-known throughout the Asia-Pacific region. Construction workers can easily move materials to the top of a building with the help of scaffolding. A stair-like structure is provided by the scaffolding to support the entire construction process. The construction industry's demand will be the market's primary driver during the forecast period. Additionally, the market is being pushed by the rise in building maintenance, cleaning, and renovation. The government is spending more money cleaning and renovating old buildings. During the forecast period, these factors have a positive impact on the market. Another significant market driver is the rise in FDI construction. Accidents are prevented for construction workers by scaffolding. On a construction site, the risk of falling from heights is greater. However, the market's demand is being driven by government initiatives to improve construction workers' safety. To prevent accidents on the construction site, the builders are encouraged to use scaffolding by this government support.

Scaffolding Market Restraints

High Price of Raw Material

  • Raw materials' prices vary a lot in the global scaffolding market. Products made of aluminum, steel, and wood make up the scaffold. These items' prices may fluctuate frequently. Additionally, the overall growth can occasionally be impacted by cement, sand, and other construction materials' fluctuating prices. Because they have the potential to affect Market Revenue, price swings are a major constraint. Market inconsistencies can arise from revenue fluctuations. It is anticipated that there will be significant price shifts in construction materials during the anticipated year. The overall rate of market growth may be hampered by this issue.
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Scaffolding Market size was valued at USD 52.8 Billion in 2023 and is poised to grow from USD 55.12 Billion in 2024 to USD 75.9 Billion by 2032, growing at a CAGR of 4.4% during the forecast period (2025-2032).

To broaden their reach and withstand the fierce competition in the market, the major players in the global Scaffolding market have adopted key strategies like business acquisition and expansion. For instance, in October 2021, the African-based Altrad Group purchased the rope access and inspection services company CIDES Congo. The acquisition was made with the intention of expanding the scaffolding systems product line. 'PERI SE ', 'Layher Holding GmbH & Co. KG ', 'Brand Safway ', 'ULMA Construction ', 'ADTO Industrial Group ', 'Waco Kwikform Ltd. ', 'Wellmade Scaffold Co. Ltd. ', 'MJ Gerüst GmbH ', 'KHK Scaffolding and Formwork LLC ', 'Universal Building Supply Inc. ', 'Rizhao Fenghua Scaffoldings Co. Ltd. ', 'Anish Scaffolding India Pvt. Ltd. ', 'BSL Scaffolding Ltd. ', 'Stepup Scaffold LLC ', 'Wilhelm Layher GmbH & Co. KG ', 'Cangzhou Weisitai Scaffolding Co. Ltd. ', 'Changli XMWY Formwork Scaffolding Co. Ltd. ', 'Uni-Span Group ', 'GRUPO ULMA S. COOP ', 'SB Scaffolding India Pvt. Ltd.'

Rising demand from the residential construction industry is a significant market driver. In the infrastructure industry, scaffolding is always required. Also, scaffolding is most needed in the new range of high rail constructions. The construction of high trails is well-known throughout the Asia-Pacific region. Construction workers can easily move materials to the top of a building with the help of scaffolding. A stair-like structure is provided by the scaffolding to support the entire construction process. The construction industry's demand will be the market's primary driver during the forecast period. Additionally, the market is being pushed by the rise in building maintenance, cleaning, and renovation. The government is spending more money cleaning and renovating old buildings. During the forecast period, these factors have a positive impact on the market. Another significant market driver is the rise in FDI construction. Accidents are prevented for construction workers by scaffolding. On a construction site, the risk of falling from heights is greater. However, the market's demand is being driven by government initiatives to improve construction workers' safety. To prevent accidents on the construction site, the builders are encouraged to use scaffolding by this government support.

Over the next few years, there will be a lot of construction on infrastructure in a lot of different places. The Global Scaffolding market will benefit greatly from the rapid expansion of both residential and non-residential infrastructure construction. The market has been negatively impacted by COVID 19. The construction industry is offering fewer opportunities for growth to the market. However, the market may benefit from additional growth opportunities from the new government initiatives to enhance a company's infrastructure. Additionally, exceptional developments are taking place on the global market. In the market, a new trend is the use of high-end materials and supporting structures.

Asia Pacific dominated the global market. Market expansion is being fueled by the expanding residential, educational, and other building infrastructure developments. Additionally, the scaffolding reduces the number of workplace accidents. The Asia-Pacific market as a whole is benefiting from the growing government support for scuffling.

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Global Scaffolding market

Report ID: SQMIG15J2067

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