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). The expanding construction industry, investments in infrastructure, government programs, and ongoing privatization are some of the market drivers propelling the growth of the worldwide market. One of the significant factors propelling the market is supportive governmental ideas and regulations regarding worker safety.
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
As per market dynamics, the expanding demand from the residential construction sector is driving the market. Scaffolding is usually necessary for the infrastructure sector. Additionally, the new kind of high rail constructions most urgently require scaffolding. The Asia-Pacific region is well-known for its high trail construction. It makes it simple for construction workers to carry goods to a building's top floor. The scaffolding provides a stair-like framework to support the entire construction process. Demand from the construction sector would be the main factor driving the growth of the scaffolding market revenue.
Source: Secondary Research, Primary Research, MRFR Database, and Analyst ReviewOn the other hand, a sizable number of unorganized firms are active in the market in rising nations, including South Africa, Russia, Brazil, China, and India. According to market statistics, in India alone, traditional scaffolding is used in almost 95.0% of construction projects. Customers prefer low-cost scaffolding because it is less expensive. After all, the construction industry in developing economies requires a lot of cash. Therefore, these factors have a negative impact on the market, mainly in emerging economies, and are slowing the sector's expansion.
According to market research, another reason driving the market is the expansion in response to rising consumer demand for home remodeling and replacement. For instance, according to a January 2021 article from Harvard Joint Center for Housing Studies, home renovation and repair expenditures are predicted to rise from 3.5 percent at the end of 2020 to 3.8 percent by the end of 2021. Therefore, such expansion has recently enhanced the market CAGR.
The scaffolding market segmentation, based on type, is supported scaffolding, suspended scaffolding, and rolling scaffolding. In the worldwide scaffolding market, the supported scaffolding segment is predicted to experience considerable growth of 41%. It has benefits, including simple installation, safety, and affordability, which raise demand for it. Most of the time, this kind of scaffolding is employed for building purposes.
Figure 2: Scaffolding Market, by Type, 2021& 2030 (USD Million)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Additionally, rolling scaffolding is frequently chosen for short-term operations that must be completed at numerous places over a greater distance. It is mostly employed in the mechanical and electrical sectors.
The scaffolding market data has been bifurcated by material into steel, aluminum, wood, and others. The sector for aluminum scaffolding is anticipated to increase at the fastest rate throughout the anticipated period concerning the scaffolding market revenue. With its lesser weight than steel, aluminum is frequently used in scaffolding that can be physically raised and positioned.
December 2021: Aditya Birla Group's metals flagship, Hindalco Industries Ltd., reached a binding agreement to buy Hydro's aluminum extrusions business in India for Rs 247 crore. Hydro's Kuppam plant has a 15,000-ton capacity for aluminum extrusions and superior value-added capabilities for surface treatment and fabrication. This acquisition has further broadened the growth opportunity for the scaffolding industry.
The second fastest-growing segment in the scaffolding industry is bamboo scaffolding. Steel is outperformed by bamboo in terms of tensile strength. Additionally, it is fully environmentally friendly and far more affordable to use.
Based on application, the scaffolding market outlook has been segmented into the construction industry, electrical maintenance, temporary stage, and others. In 2021, the construction industry dominated the market. It is used in support structures, grid systems, portable stages, seating, and barriers. It can be used for cleaning, construction, maintenance, and renovation operations. It is extremely important to the construction business. According to the market forecast, the temporary stage segment will see the fastest growth. This growth can be attributable to the growing preference for the overall appearance of the infrastructure. Hence, rising applications of temporary staging positively impact market growth.
By region, the study provides market insights into Europe, Asia-Pacific, North America, and the Rest of the World. Asia-Pacific's scaffolding market accounted for USD 20,185.1 million in 2021 and is estimated to exhibit a significant CAGR growth of 42.10 percent during the study period. With their widespread availability and affordability, bamboo and hardwood plyboards are extensively utilized in this region to create formwork and scaffoldings. The accessibility of raw resources and the affordability of labor are boosting market revenue growth. As an illustration, the minimum salary for contract employees in India is an average of USD 148 per month (Rs 10,000). Moreover, China's scaffolding market held the largest market share, and the Indian scaffolding market was the fastest-growing market in the Asia-Pacific region.
Furthermore, the major countries studied in the market report are the US, Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Source: Secondary Research, Primary Research, MRFR Database, and Analyst ReviewThe North American scaffolding market accounted for the second-greatest revenue share in 2021, resulting from ongoing developments and improvements in the concrete and formwork industries. Businesses are expanding internal innovation and efficiency while developing new value opportunities for their current and potential customers, fueling the market's revenue growth in this area. For instance, CEMEX aggressively promotes innovation in the building industry. CEMEX's Digital Innovations in Motion program includes its efforts to innovate its business offering, back-office functions, and smart manufacturing.
In 2021, the Europe scaffolding market had the third-largest revenue share, thanks to increased research activities for creating novel formwork components. For instance, ETH Zurich researchers have created a system of 3D-printed formwork components to generate a pattern of empty cells throughout the slab by setting them inside mold used to manufacture pre-cast concrete panels. They are constructed of recyclable mineral foam. As a result, less concrete is needed throughout the construction process. Further, the German scaffolding market held the largest share, and the UK scaffolding market was the fastest-growing market in the European region.
The scaffolding market will continue to rise due to market players spending a lot of money on R&D to diversify their product lines. Market participants engage in various strategic activities to increase their presence in conjunction with key market developments such as new product releases, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations. According to the market competitive landscape, the players must offer reasonably priced products if they want to expand and survive in a market that is getting increasingly cutthroat.
Local manufacturing to cut operational costs is one of the main business methods used by the scaffolding industry to serve customers and grow the market sector. Some of the most important advantages the scaffolding industry has recently provided to medicine. Market major players, such as PERI GmbH, Waco Kwikform Limited, Wilhelm Layher Holding GmbH, ADTO Industrial Group Co.Ltd, and others, support R&D initiatives to increase market demand.
PERI is one of the world's major manufacturers and providers of formwork and its systems. PERI is one of the world's largest manufacturers and suppliers of formwork and scaffold systems, with revenues of € 1,614 million in 2021. It has its headquarters in Weissenhorn (Germany), 9,100 workers, more than 60 subsidiaries, and well over 160 warehouse sites. For instance, in July 2022, PERI Formwork Systems, Inc., a major developer and provider of formwork and scaffolding systems developed a new industry standard for bridge building. VARIOKIT Pier System (VPS) bridges the gap between safety and efficiency by cleverly providing an adjustable, rentable, and highly effective way to manufacture bridge columns and caps.
Layher represents innovation, safety, "made in Germany" quality, and a solid customer partnership. Layher solutions tried and proven, and constantly refined, are now the standard for scaffolding construction: rapid to install and dismantle, safe in operation, and versatile in application. For instance, in April 2022, Layher Holding GmbH & Co released the Allround Scaffold, named after the company and maybe the greatest modular scaffolding solution. Modular Scaffolding System is Layher Allround Scaffolding. Allround Scaffolding is analogous to Allround Performance because it is a single system with various applications. Even with the most challenging layouts, architectural styles, and stringent safety regulations, Allround Scaffolding is always the faster, safer, and more cost-effective alternative.
Altar Group
LLC
Wilhelm Layher Holding GmbH
Step up Scaffold
KHK Scaffolding & Formwork LLC
Safway Group Holding LLC
PERI GmbH
July 2022: StepUp Scaffold UK, a Glasgow-based subsidiary of the StepUp Scaffold Group in Memphis (US), which offers scaffolding and access equipment in the UK market, has finalized the acquisition of MP House ApS, which is located just outside Copenhagen. MP House is a market leader in the supply of tools, equipment, and accessories to Danish scaffolding operators.
July 2022: Doka, a provider of formwork, solutions, and services to the construction industry, has reinforced its existing partnership with renowned American scaffolding manufacturer AT-PAC by acquiring a significant investment in the US-based company. Doka and AT-PAC developed an initial relationship in 2020 to provide comprehensive building site solutions, and the partnership has been increasing ever since.
Supported Scaffolding
Suspended Scaffolding
Rolling Scaffolding
Steel
Wood
Others
Construction Industry
Electrical Maintenance
Temporary Stage
Others
North America
US
Canada
Europe
Germany
France
UK
Italy
Russia
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Australia & New Zealand
Rest of Asia-Pacific
Latin America
Mexico
Brazil
Argentina
Rest of Latin America
Middle East & Africa
Turkey
GCC Countries
South Africa
Rest of the Middle East & Africa
| Report Attribute/Metric | Details |
| Market Size 2021 | USD 47,945.8 million |
| Market Size 2022 | USD 50,774.6 million |
| Market Size 2030 | USD 75,843.4 million |
| Compound Annual Growth Rate (CAGR) | 5.90% (2022-2030) |
| Base Year | 2021 |
| Market Forecast Period | 2022-2030 |
| Historical Data | 2018 & 2020 |
| Market Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Type, Material, and Application |
| Geographies Covered | Europe, North America, Asia-Pacific, and the Rest of the World |
| Countries Covered | The U.S, Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
| Key Companies Profiled | PERI GmbH, Waco Kwikform Limited, Wilhelm Layher Holding GmbH, and ADTO Industrial Group Co.Ltd. |
| Key Market Opportunities | Increase in government and private investments in the infrastructure sector |
| Key Market Dynamics | Growth in the construction sector Increase in spending on home remodeling and retrofitting activities |
Scaffolding Market Highlights:
Frequently Asked Questions (FAQ) :
The size of the market for scaffolding size was estimated at USD 47,945.8 million in 2021.
The largest portion of the scaffolding market was in Asia-Pacific.
The key players in the market are PERI GmbH, Waco Kwikform Limited, Wilhelm Layher Holding GmbH, and ADTO Industrial Group Co.Ltd.
The construction category dominated the market in 2021.
Aluminium had the largest share of the scaffolding market.
Research Analyst Level II I have a degree in engineering (civil), with masters in business administration (marketing). with more than 4 years of experience in market research and consulting, i am involved in end-to-end process of market research, proposals, project kickoffs and delivery. i have research knowledge and expertise in consumer goods/packaging domain. also i have worked for various other domains like construction & equipment. effectively managed and delivered more than 60 report studies for regional as well as global clientele.
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