Torque
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Scaffolding is a temporary rigid structure made of still, bamboo or timber. The primary aim of constructing a scaffold is to create a platform on which mason can work at different heights. Scaffolds also help to lift materials for the immediate uses at different heights.
As necessary equipment for the construction industry and other applications, the market development of scaffolding is directly affected by the market situation of construction industry. The construction industry worldwide is facing a downturn over the two years, and the demand of scaffolding is also reducing. But it is forecasted that the market will recovery in the following years.
Worldwide, there are quite a lot of manufactures of scaffolding, as the technology is mature and market is not concentrated. For example, there are thousands of small plants of scaffolding with low technology. The competition is quite fierce.
As the cost of raw materials is reducing over the past three years and the weak demand, the price of scaffolding price is reducing year by year. And it is forecasted that the price will continue to reduce.
Despite the presence of competition problems, due to the demand of urbanization worldwide and the demand of building, there is also large space for scaffolding. There will be more new investors entering this field in the future.
The rental and setting up service business of scaffolding is also an opportunity for investors who are interested in this industry.
Market Analysis and Insights: Global Scaffolding Market
The global Scaffolding market is valued at US$ 7504.5 million in 2019. The market size will reach US$ 8999.8 million by the end of 2026, growing at a CAGR of 2.6% during 2021-2026.
Global Scaffolding Scope and Segment
Scaffolding market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Scaffolding market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2016-2027.
Segment by Type
Supported Scaffolding
Suspended Scaffolding
Rolling Scaffolding
Segment by Application
Construction Industry
Others
By Company
Layher
Safway
PERI
Altrad
ULMA
MJ-GerĂ¼st
BRAND
Waco Kwikform
Sunshine Enterprise
ADTO Group
XMWY
KHK Scaffolding
Rizhao Fenghua
Itsen
Entrepose Echafaudages
Tianjin Gowe
Rapid Scaffolding
Youying Group
Tianjin Wellmade
Instant Upright
Cangzhou Weisitai
Beijing Kangde
Production by Region
North America
China
Europe
Southeast Asia
Middle East
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
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