Scaffolding Market

Scaffolding Market Size by Type (Suspended Scaffolding, Supported Scaffolding, Rolling Scaffolding), Material (Aluminum, Steel, Wood), Regions, Global Industry Analysis, Share, Growth, Trends, and Forecast 2024 to 2033

Base Year: 2023 Historical Data: 2020-22
  • Report ID: TBI-14144
  • Published Date: Feb, 2024
  • Pages: 237
  • Category: Chemicals & Materials
  • Format: PDF
Buy @ $4700.00 Request Sample PDF

The global scaffolding market was valued at USD 53.68 Billion in 2023, which is anticipated to grow at a CAGR of 5.36% from 2024 to 2033. The increasing need for 3D cellular models for biological investigations and translational research is fuelling the market's expansion. The market for scaffold technology is predicted to expand rapidly as a result of the quick change in the cell culture framework needed to address the difficulties in the drug development process. In addition, the COVID-19 pandemic served as a helpful boost for scaffold technology. Tissue engineering is widely employed to create in vitro model systems, study virology and epidemiology, and discover effective treatment approaches for infections.

Market Introduction:

Scaffolding, sometimes called staging or structure, is a non-permanent framework used in construction, shipbuilding, oil and gas, and other industries that need construction work to support employees and goods. Temporary scaffolding structures are made from various materials, including steel, aluminium, bamboo, and the newest high-strength steel. Scaffolding is the process of building large structures or construction components off-site, usually in factories, to install them later on a concrete foundation. Scaffolding comes in three varieties: suspended, support, and aerial. Scaffolding is used to raise and support workers and equipment while a machine or structure is being built, repaired or cleaned. Depending on the form and purpose, it comprises one or more adequately sized and elongated planks supported differently. Global scaffolding market growth is mostly driven by rising demand from the construction sector and an increase in commercial buildings. Expanding the global scaffolding market is also fuelled by improvements in residential infrastructure. Over the projection year, maintenance—which includes painting, cleaning, repairs, electrical installations, and other tasks—will also fuel demand for supported or suspended scaffoldings. The global scaffolding market is expected to increase rapidly during the forecast period due to improvements in implant integration at the target site that are enabled by technological advancements in reconstructive surgical techniques. A modified version of scaffoldings is also utilized for art projects, half pipes, grandstand seats, exhibition stands, ski ramps, shoring and formwork, concert stages, and exhibition stands. As a result, the scaffolding market continues to expand globally. However, the global scaffolding market is being restrained by weaker economic growth and fluctuating raw material prices. Workers utilize scaffolding, a temporary structure that can be placed outside or within a building, to construct, clean, or repair structural elements. Typically, scaffoldings consist of metal poles like steel or aluminium and timber boards. These are frequently used on building sites to provide access to places that are hard to reach or heights. Installing staging systems, support structures, grid systems, movable stages, seating, and barriers are the main uses of scaffoldings. The expanding building industry, government efforts, infrastructure investments, and ongoing privatization are a few factors propelling the global scaffolding market's expansion. One of the main factors propelling the global scaffolding market is the presence of supportive government policies and principles addressing worker safety. Throughout the projection period, there will be an increase in demand for supported or suspended scaffoldings due to maintenance, which includes painting, cleaning, electrical installations, and other tasks. The advantage that scaffolding provides to any building project is safety assistance. Its structures provide a secure working platform for employees, ensuring safety even at extremely high altitudes. A building's outside structure is the foundation of many construction projects and accessing it without a scaffold structure can be challenging. Scaffolding is mostly used to build temporary stages for various indoor and outdoor events, which is predicted to dominate the construction industry.

Scaffolding Market Size

Get an overview of this study by requesting a free sample

Recent Development
  •  In July 2022, StepUp Scaffold UK, a Glasgow-based subsidiary of the StepUp Scaffold Group, completed the purchase of MP House ApS. In the UK market, it offers accessibility products and scaffolding. When it comes to tools, equipment, and accessories for scaffolding operators in Denmark, MP House is the market leader.
  • Doka, a company that supplies formwork, solutions, and services to the construction industry, strengthened its relationship with the well-known American scaffolding manufacturer AT-PAC in July 2022 by purchasing a substantial share in the US-based business. In 2020, Doka and AT-PAC established a preliminary collaboration to offer all-inclusive building site solutions, and the alliance has continued to grow ever since.

Market Dynamics:

Drivers

Growth in the building sector- The need for scaffolding has skyrocketed due to the rapid growth of construction activities worldwide. The building industry's expansion is one of the main factors driving the market and contributing to its growth. The increasing number of urban development projects that need the use of scaffolding can contribute to the expansion of the scaffolding market. Scaffolding is needed for the building work that goes into these projects. Demand for safe and high-quality scaffolding materials has increased due to the implementation of strict safety laws and requirements at building sites worldwide. Governments around the world are imposing strict safety regulations on building sites. If frequent maintenance and repair work needs to be done, scaffolding must be utilized. This is done to ensure user-friendliness and safety. This work may be directly related to the scaffolding market's expansion. The need for residential construction activities has increased in accordance with the population growth.

Restraints:

Absence of skilled labour- One of the main things limiting the scaffolding business is the lack of skilled labour available. For scaffolding to be effective, skilled workers who can assemble, use, and dismantle the scaffolding are needed. The market's capacity to grow has been negatively impacted by both price increases and productivity declines caused by a shortage of qualified labour. Although safety regulations and standards have played a significant role in the scaffolding market's growth, there is always space for development. Governments worldwide are placing severe safety regulations on construction sites, and compliance with these regulations necessitates the use of scaffolding of the greatest calibre and safety standards. These regulations may drive up the cost of scaffolding, which could reduce consumer demand and hamper market expansion.

Regional segmentation analysis:

The regions analyzed for the market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. Asia Pacific emerged as the most significant global scaffolding market, with a 36.44% market revenue share in 2023. The region's rise has been attributed to several factors, including increased investments in infrastructure development, industrialization, and accelerated urbanization. China, India, and Japan are the nations driving the growth of the regional scaffolding market. China stands out as the world's largest market for scaffolding due to its expanding needs in infrastructure development and construction, which includes building major projects like high-speed rail lines, airports and highways.

Asia Pacific Region Scaffolding Market Share in 2023 - 36.44%

 

www.thebrainyinsights.com

Check the geographical analysis of this market by requesting a free sample

Type Segment Analysis

The type segment is divided into suspended scaffolding, supported scaffolding, and rolling scaffolding. The supported scaffolding segment dominated the market, with a market share of around 35.62% in 2023. The supported scaffolding segment is leading the scaffolding market through a significant transformation. Supported scaffolding systems give workers a secure and solid platform to reach elevated work areas. They are made up of vertical poles, platforms, and bracing. An increase in building and remodelling projects has increased demand for these systems. The growth of construction activity in rising economies like China, India, and Brazil is driving the use of the supported scaffolding segment.

Material Segment Analysis

The material segment is divided into aluminum, steel, and wood. The aluminum segment dominated the market, with a market share of around 32.47% in 2023. The demand for aluminium scaffolding has increased due to emerging economies. The construction industry is experiencing a boom due to the necessity for high-rise buildings and significant infrastructure projects, which has increased demand for aluminium scaffolding. Customers favour aluminium scaffolding because it is lightweight and easy to handle and carry. Furthermore, its resilience and versatility ensure a long-term answer to their scaffolding needs.

Some of the Key Market Players:
  • Safway Group Holding LLC
  • Altrad Group
  • MJ-Gerüst GmbH
  • Stepup Scaffold, LLC
  • KHK Scaffolding & Formwork LLC
  • Wilhelm Layher Holding GmbH & Co. KG
  • ULMA Construction
  • ADTO Industrial Group Co., Ltd.
  • PERI GmbH
  • Waco Kwikform Limited

Report Description:

Attribute Description
Market Size Revenue (USD Billion)
Market size value in 2023 USD 53.68 Billion
Market size value in 2033 USD 90.48 Billion
CAGR (2024 to 2033) 5.36%
Historical data 2020-2022
Base Year 2023
Forecast 2024-2033
Region The regions analyzed for the market are Asia Pacific, Europe, South America, North America, and Middle East & Africa. Furthermore, the regions are further analyzed at the country level.
Segments Type, Material

Frequesntly Asked Questions

As per The Brainy Insights, the size of the scaffolding market was valued at USD 53.68 Billion in 2023 & USD 90.48 Billion by 2033.

Global scaffolding market is growing at a CAGR of 5.36% during the forecast period 2024-2033.

Asia Pacific region emerged as the largest market for the scaffolding.

Growth in the building sector is a significant driving factor for the growth of the scaffolding market.

Absence of skilled labour is a significant restraining factor for the growth of the scaffolding market.

Request Table of Content

+1

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. The Brainy Insights has segmented the global scaffolding market based on below mentioned segments:

Global Scaffolding by Type:

  • Suspended Scaffolding
  • Supported Scaffolding
  • Rolling Scaffolding

Global Scaffolding by Material:

  • Aluminum
  • Steel
  • Wood

Global Scaffolding by Region:

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
  • Asia-Pacific
    • Japan
    • China
    • India
  • South America
    • Brazil
  • Middle East and Africa  
    • UAE
    • South Africa

Methodology

Research has its special purpose to undertake marketing efficiently. In this competitive scenario, businesses need information across all industry verticals; the information about customer wants, market demand, competition, industry trends, distribution channels etc. This information needs to be updated regularly because businesses operate in a dynamic environment. Our organization, The Brainy Insights incorporates scientific and systematic research procedures in order to get proper market insights and industry analysis for overall business success. The analysis consists of studying the market from a miniscule level wherein we implement statistical tools which helps us in examining the data with accuracy and precision. 

Our research reports feature both; quantitative and qualitative aspects for any market. Qualitative information for any market research process are fundamental because they reveal the customer needs and wants, usage and consumption for any product/service related to a specific industry. This in turn aids the marketers/investors in knowing certain perceptions of the customers. Qualitative research can enlighten about the different product concepts and designs along with unique service offering that in turn, helps define marketing problems and generate opportunities. On the other hand, quantitative research engages with the data collection process through interviews, e-mail interactions, surveys and pilot studies. Quantitative aspects for the market research are useful to validate the hypotheses generated during qualitative research method, explore empirical patterns in the data with the help of statistical tools, and finally make the market estimations.

The Brainy Insights offers comprehensive research and analysis, based on a wide assortment of factual insights gained through interviews with CXOs and global experts and secondary data from reliable sources. Our analysts and industry specialist assume vital roles in building up statistical tools and analysis models, which are used to analyse the data and arrive at accurate insights with exceedingly informative research discoveries. The data provided by our organization have proven precious to a diverse range of companies, facilitating them to address issues such as determining which products/services are the most appealing, whether or not customers use the product in the manner anticipated, the purchasing intentions of the market and many others.

Our research methodology encompasses an idyllic combination of primary and secondary initiatives. Key phases involved in this process are listed below:

MARKET RESEARCH PROCESS

Data Procurement:

The phase involves the gathering and collecting of market data and its related information with the help of different sources & research procedures.

The data procurement stage involves in data gathering and collecting through various data sources.

This stage involves in extensive research. These data sources includes:

Purchased Database: Purchased databases play a crucial role in estimating the market sizes irrespective of the domain. Our purchased database includes:

  • The organizational databases such as D&B Hoovers, and Bloomberg that helps us to identify the competitive scenario of the key market players/organizations along with the financial information.
  • Industry/Market databases such as Statista, and Factiva provides market/industry insights and deduce certain formulations. 
  • We also have contractual agreements with various reputed data providers and third party vendors who provide information which are not limited to:
    • Import & Export Data
    • Business Trade Information
    • Usage rates of a particular product/service on certain demographics mainly focusing on the unmet prerequisites

Primary Research: The Brainy Insights interacts with leading companies and experts of the concerned domain to develop the analyst team’s market understanding and expertise. It improves and substantiates every single data presented in the market reports. Primary research mainly involves in telephonic interviews, E-mail interactions and face-to-face interviews with the raw material providers, manufacturers/producers, distributors, & independent consultants. The interviews that we conduct provides valuable data on market size and industry growth trends prevailing in the market. Our organization also conducts surveys with the various industry experts in order to gain overall insights of the industry/market. For instance, in healthcare industry we conduct surveys with the pharmacists, doctors, surgeons and nurses in order to gain insights and key information of a medical product/device/equipment which the customers are going to usage. Surveys are conducted in the form of questionnaire designed by our own analyst team. Surveys plays an important role in primary research because surveys helps us to identify the key target audiences of the market. Additionally, surveys helps to identify the key target audience engaged with the market. Our survey team conducts the survey by targeting the key audience, thus gaining insights from them. Based on the perspectives of the customers, this information is utilized to formulate market strategies. Moreover, market surveys helps us to understand the current competitive situation of the industry. To be precise, our survey process typically involve with the 360 analysis of the market. This analytical process begins by identifying the prospective customers for a product or service related to the market/industry to obtain data on how a product/service could fit into customers’ lives.

Secondary Research: The secondary data sources includes information published by the on-profit organizations such as World bank, WHO, company fillings, investor presentations, annual reports, national government documents, statistical databases, blogs, articles, white papers and others. From the annual report, we analyse a company’s revenue to understand the key segment and market share of that organization in a particular region. We analyse the company websites and adopt the product mapping technique which is important for deriving the segment revenue. In the product mapping method, we select and categorize the products offered by the companies catering to domain specific market, deduce the product revenue for each of the companies so as to get overall estimation of the market size. We also source data and analyses trends based on information received from supply side and demand side intermediaries in the value chain. The supply side denotes the data gathered from supplier, distributor, wholesaler and the demand side illustrates the data gathered from the end customers for respective market domain.

The supply side for a domain specific market is analysed by:

  • Estimating and projecting penetration rates through analysing product attributes, availability of internal and external substitutes, followed by pricing analysis of the product.
  • Experiential assessment of year-on-year sales of the product by conducting interviews.

The demand side for the market is estimated through:

  • Evaluating the penetration level and usage rates of the product.
  • Referring to the historical data to determine the growth rate and evaluate the industry trends

In-house Library: Apart from these third-party sources, we have our in-house library of qualitative and quantitative information. Our in-house database includes market data for various industry and domains. These data are updated on regular basis as per the changing market scenario. Our library includes, historic databases, internal audit reports and archives.

Sometimes there are instances where there is no metadata or raw data available for any domain specific market. For those cases, we use our expertise to forecast and estimate the market size in order to generate comprehensive data sets. Our analyst team adopt a robust research technique in order to produce the estimates:

  • Applying demographic along with psychographic segmentation for market evaluation
  • Determining the Micro and Macro-economic indicators for each region 
  • Examining the industry indicators prevailing in the market. 

Data Synthesis: This stage involves the analysis & mapping of all the information obtained from the previous step. It also involves in scrutinizing the data for any discrepancy observed while data gathering related to the market. The data is collected with consideration to the heterogeneity of sources. Robust scientific techniques are in place for synthesizing disparate data sets and provide the essential contextual information that can orient market strategies. The Brainy Insights has extensive experience in data synthesis where the data passes through various stages:

  • Data Screening: Data screening is the process of scrutinising data/information collected from primary research for errors and amending those collected data before data integration method. The screening involves in examining raw data, identifying errors and dealing with missing data. The purpose of the data screening is to ensure data is correctly entered or not. The Brainy Insights employs objective and systematic data screening grades involving repeated cycles of quality checks, screening and suspect analysis.
  • Data Integration: Integrating multiple data streams is necessary to produce research studies that provide in-depth picture to the clients. These data streams come from multiple research studies and our in house database. After screening of the data, our analysts conduct creative integration of data sets, optimizing connections between integrated surveys and syndicated data sources. There are mainly 2 research approaches that we follow in order to integrate our data; top down approach and bottom up approach.

Market Deduction & Formulation: The final stage comprises of assigning data points at appropriate market spaces so as to deduce feasible conclusions. Analyst perspective & subject matter expert based holistic form of market sizing coupled with industry analysis also plays a crucial role in this stage.

This stage involves in finalization of the market size and numbers that we have collected from data integration step. With data interpolation, it is made sure that there is no gap in the market data. Successful trend analysis is done by our analysts using extrapolation techniques, which provide the best possible forecasts for the market.

Data Validation & Market Feedback: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helps us finalize data-points to be used for final calculations.

The Brainy Insights interacts with leading companies and experts of the concerned domain to develop the analyst team’s market understanding and expertise. It improves and substantiates every single data presented in the market reports. The data validation interview and discussion panels are typically composed of the most experienced industry members. The participants include, however, are not limited to:

  • CXOs and VPs of leading companies’ specific to sector
  • Purchasing managers, technical personnel, end-users
  • Key opinion leaders such as investment bankers, and industry consultants

Moreover, we always validate our data and findings through primary respondents from all the major regions we are working on.

Some Facts About The Brainy Insights

50%

Free Customization

300+

Fortune 500 Clients

1

Free Yearly Update On Purchase Of Multi/Corporate License

900+

Companies Served Till Date