The construction scaffolding market size is projected to reach US$ 66.96 billion by 2031 from US$ 47.99 billion in 2023. The market is expected to register a CAGR of 4.3% during 2023–2031. Growing demand for modular scaffolding is likely to bring new key trends in the market in the coming years.
Construction Scaffolding Market Analysis
According to the data published by the Word Bank in 2023, approximately 56% of the total population in 2022, which is 4.4 billion persons, has been living in urban areas, while in 2010, 3.5 billion people were registered to be living in urban areas. Further, various initiatives continue to be taken by governments of different countries to improve and develop infrastructure, which leads to an increase in demand for scaffoldings. For instance, the Government of India introduced a scheme to provide affordable housing to all in 2015; through this scheme, approximately 10 million housing units were built between 2019 and 2024. In 2016, the government of Saudi Arabia announced the Saudi Arabia 2030 scheme and invested approximately US$ 1.3 trillion in 2024 for the development of residential, commercial, and public infrastructure development. Such growth in high-rise building constructions significantly increased the need for safe and effective building construction materials, ultimately driving the demand for scaffolding. Thus, the rapid growth of the construction industry drives the scaffolding market.
Digitalization is growing notably across industries, especially the construction industry. One of the commonly used digital tools is Building Information Modelling (BIM). BIM enables the user to create a virtual 3D model of the construction as well as scaffoldings. Thus, the adoption of digital tools by manufacturers as well as construction companies in developed and developing countries is expected to create lucrative opportunities for the scaffolding market growth during the forecast period.
Construction Scaffolding Market Overview
Increasing demand for residential and commercial construction is one of the factors that is driving the demand for scaffolding across the globe. In addition, increasing spending on renovation and retrofitting activities is another factor that 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. For instance, 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.
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You will get customization on any report - free of charge - including parts of this report, or country-level analysis, Excel Data pack, as well as avail great offers and discounts for start-ups & universities
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Construction Scaffolding Market Drivers and Opportunities
Surge in Adoption of Scaffolding Rental Services
Initial investment is one of the major factors in the construction industry that might affect the overall profitability of the project or a company. Scaffolding rental is a flexible and cost-effective option for most small and medium-sized construction companies and contractors as it eliminates the requirement of upfront investment. This enables the companies and contractors to increase their profits on small and medium-sized projects. In addition, as the demand for modern construction is increasing, the requirement for different types and sizes of scaffolding is also growing, along with complexities. Companies and contractors purchasing different types of scaffoldings will face an increase in the overall operating cost. In addition, once the project is completed, scaffolding needs to be stored at a proper facility, which leads to additional expenses. Rental services provide the flexibility to choose the most suitable scaffolding system for the specific project's needs. Apart from the construction industry, the entertainment & film production sector has a seasonal demand for scaffoldings. Scaffolding rental companies allow end users to access different types of scaffoldings whenever needed, which reduces the need for long-term storage and initial investments. Owing to such flexibility and reduced operational cost, along with the growth of the construction industry, the demand and adoption of scaffolding rental have increased in the past few years. Thus, the surge in the adoption of scaffolding rental services drives the market.
Increasing Smart City Initiatives and Infrastructure Development Projects
3D modeling of the construction and scaffolding enables the contractors and construction companies to accurately plan required materials, including types of scaffolding, which helps reduce errors in the designs. This leads to effective and efficient usage of resources, which ultimately reduces the operation costs. Further, digital tools provide data analytics and insights that help scaffold providers to optimize inventory management, resource allocation, and project scheduling. By leveraging digital tools and automation, scaffold manufacturers and providers can offer advanced solutions that streamline operations, enhance safety, and improve overall project efficiency. Thus, the adoption of digital tools by manufacturers as well as construction companies in developed and developing countries is expected to create lucrative opportunities for the scaffolding market growth during the forecast period.
Construction Scaffolding Market Report Segmentation Analysis
Key segments that contributed to the derivation of the construction scaffolding market analysis are type, offering, and application.
- Based on type, the construction scaffolding market is segmented into frame scaffolding, tube and clamp scaffolding, ringlock scaffolding, cuplock scaffolding, and other conventional scaffolding. The tube and clamp scaffolding segment held the largest share of the market in 2023.
- By application, the construction scaffolding market is segmented into residential buildings, commercial buildings, industrial, oil and gas industry, and events. The commercial building segment dominated the market in 2023.
- In terms of offering, the construction scaffolding market is divided into scaffolding products (sale) and rental solutions. The scaffolding products (sale) segment held a larger share of the market in 2023.
Construction Scaffolding Market Share Analysis
The geographic scope of the construction scaffolding market report offers a detailed country analysis. North America, Europe, and Asia Pacific are major regions witnessing significant growth in the scaffolding market. The presence of several manufacturers and suppliers of scaffolding in North America and Europe drives the market in these regions. For example, Atlantic Pacific Equipment LLC, PSB Scaffolding Group Ltd, Rotamead Ltd, and Catari Industria SA are among the key players operating across North America and Europe. Moreover, the growth of the construction sector across Asia Pacific countries propels the demand for scaffoldings. In 2024, NLEX Corporation announced three new infrastructure development projects in the Philippines. Further, in 2024, the Government of Indonesia announced the largest infrastructure budget of the country, amounting to US$ 26.48 billion, including residential, commercial and road infrastructure development and upgradation costs. Currently, ~155 airport and airport infrastructure development projects with an investment of US$ 209 billion in Asia Pacific are under development out of 425. For example, one of the largest airport development projects in Asia Pacific is Long Thanh International Airport in Vietnam, which has an investment of US$ 14.5 billion and is expected to be completed by 2025. In addition, the expansion of Terminal 5 at Changi Airport Singapore is a US$ 10 billion project and is expected to be completed by 2030. The growing government focus on infrastructure development is also having a positive impact on the scaffolding market in Asia Pacific.
The expanding demand for energy, natural gas, and crude oil in different end use applications bolsters the growth of the energy, power, oil, and gas pipeline infrastructure in the Middle East & Africa, which is increasing the application scope of scaffolding. Rapid urbanization, which fuels the development of residential and commercial infrastructure, fosters the application of construction equipment, thereby driving the scaffolding market in the Middle East & Africa.
Construction Scaffolding Market Regional Insights
The regional trends and factors influencing the Construction Scaffolding Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Construction Scaffolding Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.
- Get the Regional Specific Data for Construction Scaffolding Market
Construction Scaffolding Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 47.99 Billion |
Market Size by 2031 | US$ 66.96 Billion |
Global CAGR (2023 - 2031) | 4.3% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Construction Scaffolding Market Players Density: Understanding Its Impact on Business Dynamics
The Construction Scaffolding Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the Construction Scaffolding Market are:
- PERI GmbH
- Doka GmbH
- Layher NA
- ULMA Group
- ALFIX
- Altrad Group
Disclaimer: The companies listed above are not ranked in any particular order.
- Get the Construction Scaffolding Market top key players overview
Construction Scaffolding Market News and Recent Developments
The construction scaffolding market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the construction scaffolding market are listed below:
- The ULMA Poland engineering team has worked continuously on the studies and application of formwork and scaffolding to ensure the highest quality of the concrete surfaces of this building located in the city center of Warsaw. Characteristic exposed white concrete walls combine perfectly with the interior spaces while the volume of the building is integrated into the cultural environment of the city. (Source: ULMA, Press Release, October 2023)
- Layher had acquired a building in Baltimore County for scaffolding distribution and support operations. The location of the facility's characteristics provided numerous chances for engineering operations, assembly, storage, and office space. Furthermore, the move permitted the company to remain in Baltimore and be a part of the community. (Source: Layher, Press Release, January 2023)
Construction Scaffolding Market Report Coverage and Deliverables
The "Construction Scaffolding Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering below areas:
- Construction scaffolding market size and forecast at country levels for all the key market segments covered under the scope
- Construction scaffolding market trends, as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST and SWOT analysis
- Construction scaffolding market analysis covering key market trends, country framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the construction scaffolding market
- Detailed company profiles
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
- Excel Dataset
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Offering, Type, and End User
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
The construction scaffolding market is expected to reach US$ 66.96 billion by 2031.
The tube and clamp scaffolding segment led the construction scaffolding market with a significant share in 2023.
APAC is anticipated to grow at the fastest CAGR over the forecast period.
The key players operating in the construction scaffolding market include PERI GmbH, Doka GmbH, Layher NA, ULMA Group, ALFIX, Altrad Group, Haki System Scaffolding, Scafom-tux, Tobler AG, Afix Group, MJ Gerust, KERO, Plettac, Tobler AG, Tubesca-comabi, RMD kwikform, BrandSafway, Wellmade Scaffolding, Duscaff, KGK Scaffolding and Formwork LTD., Caspian Group KTD, Brisko Metal Resources, Bil-Jack Inc, and Direct Scaffold Supply LLP.
Growing demand for modular scaffolding is expected to drive the growth of the construction scaffolding market in the coming years.
High demand for residential and commercial complexes, a rise in government initiatives, and increased high-rise constructions are a few factors contributing to the growth of the construction industry. A few construction projects include residential buildings, commercial complexes, infrastructure development, and industrial facilities. Such growth in high-rise building constructions significantly increased the need for safe and effective building construction materials, ultimately driving its demand. Thus, the rapid growth of the construction industry drives the scaffolding market.
The construction scaffolding market was valued at US$ 47.99 billion in 2023 and is projected to reach US$ 66.96 billion by 2031; it is expected to register a CAGR of 4.3% during 2023–2031.
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The List of Companies - Construction Scaffolding Market
- Afix Group
- ALFIX
- Altrad Group
- Bil-Jack Inc
- BrandSafway
- Brisko Metal Resources
- Caspian Group KTD
- Direct Scaffold Supply LLP
- Doka GmbH
- Duscaff
- Haki System Scaffolding
- KERO
- KGK Scaffolding and Formwork LTD
- Layher NA
- MJ Gerust
- PERI GmbH
- Plettac
- RMD kwikform
- Scafom-tux
- Tobler AG
- Tobler AG
- Tubesca-comabi
- ULMA Group
- Wellmade Scaffolding