Construction Scaffolding Market Growth Report – Outlook & Forecast 2030

Construction Scaffolding Market Size and Forecasts (2020 - 2030), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Offering [Scaffolding Products (Sale) and Rental Solutions], Type (Frame Scaffolding, Tube and Clamp Scaffolding, Ringlock Scaffolding, Cuplock Scaffolding, and Others), and End User (Residential Building, Commercial Building, Industrial, Oil and Gas Industry, Events, and Others)

Publication Month : Sep 2023

  • Report Code : TIPRE00030036
  • Category : Manufacturing and Construction
  • Status : Published
  • No. of Pages : 172
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[Research Report] The construction scaffolding market was valued at US$ 23,891.93 million in 2022 and is projected to reach US$ 33,703.81 million by 2030; it is expected to register a CAGR of 4.4% during 2022–2030.

 

Analyst Perspective:

Factors such as the growing demand for infrastructure development, rising demand for renovation and repair work, and rapid urbanization influence the construction scaffolding market gowth. The increasing development in the construction sector is one of the prime reasons for the growth of the construction scaffolding market size in North America. The US is leading the market for construction scaffolding in North America. The rising demand for advanced scaffolding products in manufacturing and construction sites is fueling the market for construction scaffolding in the US.

Europe is the prominent construction scaffolding market owing to its infrastructure development in construction, oil & gas, manufacturing, and petrochemicals. The UK, Ireland, Germany, France, and Italy are noteworthy markets for construction scaffoldings.

Market Overview: Construction Scaffolding Market Analysis

The increasing spending on renovation and retrofitting activities is positively influencing the growth of the construction scaffolding market. Renovating historic buildings requires delicate work to preserve their original features. Scaffolding offers a safe and minimally intrusive method for restoration and maintenance without compromising the building's integrity. In July 2022, AT-PAC, one of the leading manufacturers and suppliers of scaffolding, signed a contract to supply the modular ring lock scaffold system as a temporary structure for steeple repair on the historic Don Love Memorial Library based in Lincoln, Nebraska. Similarly, in August 2023, T&T Construction Enterprises bagged a contract worth US$ 3.66 million for the renovation of The Hardin County Public Library, based in the US. Such projects are expected to increase the demand for construction scaffolding during the forecast period.

The construction industry is witnessing increased investment from governments and various private and public players. For instance, in May 2023, the executive government ministries of Saskatchewan, Canada, announced an investment worth US$ 1.26 million in infrastructure. As of 2023, it is the largest infrastructure investment in Saskatchewan's history. SaskBuilds and Procurement Minister announced that apart from this, the government of Saskatchewan is planning to invest nearly US$ 11.27 billion in infrastructure over the next four years. Similarly, in September 2021, the government of the UK announced US$ 709.61 billion of private and public investment projected to be implemented in infrastructure projects across the country till 2031. Such rising investment from various players is projected to drive the construction scaffolding market Size. 

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Construction Scaffolding Market: Strategic Insights

construction-scaffolding-market
Market Size Value inUS$ 23,891.93 million in 2022
Market Size Value byUS$ 33,703.81 million by 2030
Growth rateCAGR of 4.4% from 2022 to 2030
Forecast Period2022-2030
Base Year2022
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Market Driver: Construction Scaffolding Market

Growth of Construction Industry

As the construction industry expands and evolves, the need for safe and efficient access solutions to elevated areas becomes crucial. There is an increase in various types of projects, such as residential buildings, commercial complexes, infrastructure development, and industrial facilities. Each project requires scaffolding for construction, maintenance, repair, and renovation. Rapid urbanization and the rise in population drive the need for new housing, commercial spaces, and infrastructure. For instance, Saudi Arabia is planning to become one of the largest construction sites in the world, with approximately US$ 1.1 trillion of investment in infrastructure and real estate projects. These infrastructure and real estate development projects include Neom Super City, King Salman Park, Diriyah Gate, The Red Sea Projects, Jeddah Economic City, and Jeddah Central Projects. As cities expand, the construction of high-rise buildings and large-scale projects necessitates scaffolding for safe and efficient construction. Unique projects with challenging architectural designs or specific requirements require custom-designed scaffolding solutions, which are in higher demand as the construction industry diversifies. Real estate development, including residential, commercial, and mixed-use projects, fuels the demand for scaffolding during construction, finishing, and maintenance. The growth of the construction industry drives the demand for construction scaffolding as a fundamental tool to ensure worker safety, enhance construction efficiency, and facilitate access to elevated areas across a wide range of projects and sectors.

Segmental Analysis: Construction Scaffolding Market

The construction scaffolding market is segmented based on offering, type, end user, and geography. In terms of offering, the market is bifurcated into scaffolding products (sale) and rental solutions. Based on type, the construction scaffolding market is segmented into frame scaffolding, tube and clamp scaffolding, ring lock scaffolding, cup lock scaffolding, and others. In terms of end users, the construction scaffolding market is segmented into residential buildings, commercial buildings, industrial, oil & gas industry, events, and others. Geographically, the market is segmented into North America, Europe, and the Middle East & Africa.

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Organizations often prefer buying scaffolding for various reasons based on their specific needs, long-term goals, and operational considerations. Owning scaffolding can be more cost-effective than renting over the long term, especially for organizations that require scaffolding for multiple projects or regularly. The initial investment in purchasing scaffolding can pay off in terms of avoiding recurring rental costs. Organizations that frequently engage in construction, maintenance, or other tasks that require scaffolding find it more practical to own construction scaffolding. This eliminates the need to arrange rentals for each project. Further, owning scaffolding allows organizations to develop in-house expertise in scaffold assembly, usage, and safety measures, improving overall operational efficiency.

Regional Analysis: Construction Scaffolding Market

Europe is the prominent market for construction scaffoldings owing to its infrastructure development in construction, oil & gas, manufacturing, and petrochemical industries. The increasing emphasis on occupational safety is boosting the application of standard construction scaffoldings on construction sites. The UK, Ireland, Germany, France, and Italy are a few of the noteworthy markets for construction scaffoldings. Despite high inflation rates and geo-political disturbances such as the Russia-Ukraine war, European countries have steadily grown in the construction and manufacturing industries. Residential construction activities in these countries have experienced slow growth due to high interest rates and low disposable income. However, the commercial and industrial sectors have shown a positive outlook due to growing government intervention. The oil & gas industry has also experienced changes in the overall scenario as the countries focused on reducing dependency on Russia and emphasizing domestic production and renewable energy. The growing infrastructure development in the oil & gas industry in terms of power plants, oil refineries, and gas stations is driving the construction scaffolding market in Europe.

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Key Player Analysis:

ALFIX, Brand Industrial Services Inc, CETA SPA, Doka GmbH, DURA MACHINERY CO. LTD, Euro Resa Sl, MJ-Gerüst GmbH, PERI SE, Scafom Holding BV, and Pilosio Srl are among the key players operating in the construction scaffolding market.

Recent Developments:

Inorganic and organic strategies such as mergers and acquisitions are highly adopted by companies in the global construction scaffolding market. A few recent developments by key the construction scaffolding market players are listed below:

Year

News

Region

April 2022

AT-PAC collaborated with QED Scaffolding. Working drawings, including Splayed and Beamed sections, were provided by the company's engineers in collaboration with the client's design engineer, RDG. The design also allowed for easy adaptation as the project progressed through various stages.

North America

April 2023

URTIM Formwork & Scaffolding Systems specializes in oil and gas industry services. It provides a variety of solutions for refinery development in Iraq. URTIM is establishing its importance in the oil and gas industry by participating in refinery projects worldwide.

MEA

Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Offering, Type, and End User

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

This text is related
to country scope.

Frequently Asked Questions


What are reasons behind construction scaffolding market growth?

As the construction industry expands and evolves, the need for safe and efficient access solutions to elevated areas becomes crucial. There is an increase in various types of projects, such as residential buildings, commercial complexes, infrastructure development, and industrial facilities. Each project requires scaffolding for construction, maintenance, repair, and renovation. The growth of the construction industry drives the demand for construction scaffolding as a fundamental tool to ensure worker safety, enhance construction efficiency, and facilitate access to elevated areas across a wide range of projects and sectors.

Who are the major vendors in the construction scaffolding market?

ALFIX, CETA SPA, Doka GmbH, PERI SE, and Scafom Holding BV are the top five key market players operating in the global construction scaffolding market.

What are market opportunities for the construction scaffolding market?

Advanced materials can revolutionize scaffold systems by addressing challenges associated with traditional materials and methods. Advanced materials such as lightweight alloys, composite materials, and high-strength plastics can provide scaffolding systems with improved strength-to-weight ratios. The use of advanced materials in the construction scaffolding market is expected to provide significant growth opportunities by offering enhanced performance, durability, and efficiency.

What is the future trend for construction scaffolding market?

Modular and adjustable scaffold designs offer several benefits that align with the evolving needs of the construction industry. Modular scaffold systems consist of standardized components that can be easily combined and adjusted to fit various project requirements. Scaffold providers that embrace this trend are anticipated to offer solutions that cater to diverse project requirements, enhance worker safety, and contribute to more streamlined and sustainable construction practices.

Which region to dominate the construction scaffolding market in the forecast period?

Europe is the prominent market for construction scaffoldings owing to its infrastructure development in construction, oil & gas, manufacturing, and petrochemical industries. The increasing emphasis on occupational safety is boosting the application of standard construction scaffoldings on construction sites. The UK, Ireland, Germany, France, and Italy are a few of the noteworthy markets for construction scaffoldings.

The List of Companies - Construction Scaffolding Market

  1. Pilosio SRL
  2. Wilhelm Layher GmbH & Co KG
  3. Altrad Plettac Assco GmbH
  4. Atlantic Pacific Equipment LLC
  5. Caspian Group Ltd
  6. PSB Scaffolding Group Ltd
  7. Rotamead Ltd
  8. Catari Industria SA
  9. Ozler Kalip Ve Iskele Sistemleri AS
  10. Yagmur Iskele Sistemleri AS

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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