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Scaffolding Market Size, Competitors Strategy, Regional Analysis and Growth by Forecast 2017 to 2023
Global Scaffolding Market by Type (Supported Scaffolding, Suspended Scaffolding and Rolling
Scaffolding), By Material (Steel, Aluminum, Wood and Others), By Application (Construction Industry,
Electrical Maintenance, Temporary Stage, Others) by Region (North America, Europe, Asia Pacific and
Rest of World) - Global Forecast to 2023.
Market Scenario
Scaffolding is defined as the erection, alteration or dismantling of temporary structure, specifically
erected to support a platform. Scaffolds are commonly used for working at heights, and it involves the
risk for a scaffolder (person working on a scaffold) to fall from an incomplete scaffold during the
erection and dismantling of a scaffold.
Scaffolding is the type of prefabricated construction that involves major structures or components of
construction built off-site, generally, at factories to be erected later on site on concrete foundation. The
scaffolding market is driven by various factors such as increasing FDI in construction in Asia Pacific
region, and supportive government regulations and policies. The scaffolding market has constraints such
as fluctuation in raw material prices and slower economic growth, which hinder the growth of the
market.
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The Asia Pacific region is hot for the construction industry, currently, due to the sheer number of
construction projects that are set to go underway. With nations such as India and China looking to
strengthen their infrastructural base, government aids and subsidies are set to attract significant
investment in the construction industry. Increasing population, and inadequacy of housing structures,
are set to be the driving factors for the scaffolding market in these regions. The concept of scaffolding is
expected to be warmly welcomed in the Asia Pacific region, mainly due to the increasing need for new
modular housing facilities to meet the increasing population in the Asia Pacific region.
Global Scaffolding Market is segmented, by type as supported scaffolding, suspended scaffolding and
rolling scaffolding. Supported scaffolding segment accounted for the largest market share of about
68.81% in 2016, with a market value of more than USD 9,700 million. It is projected to grow at the
highest CAGR during the forecast period. Based on type, the market is segmented as steel, aluminum,
wood, and others. Steel accounted for the largest market share of about 46.28%, in 2016, with a market
value of more than USD 6,500 million; projected to grow at the highest CAGR during the forecast period.
Based on application, the market has been segmented as construction industry, electrical maintenance,
temporary stage and others. Construction Industry accounted for the largest market share of about
67.65% in 2016, with a market value of more than USD 9,500 million. It is projected to grow at the
highest CAGR during the forecast period.
Global Scaffolding Market is expected to grow with a CAGR of approximately 5.14%, during the forecast
period.
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Key Players
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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.
Changli XMWY Formwork Scaffolding Co., Ltd.
Beijing Kangde, Cangzhou Weisitai Scaffolding Co.Ltd.
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