Construction Scaffolding Market is expected to reach US$ 66.96 Billion by 2031

Rapid Growth of Construction Industry Bolsters Construction Scaffolding Market Growth

According to our latest study on "Construction Scaffolding Market Analysis to 2031 – Geography Analysis – by Type, Offering, and Application," the market was valued at US$ 47.99 billion in 2023 and is projected to reach US$ 66.96 billion by 2031; it is anticipated to record a CAGR of 4.3% from 2023 to 2031. The report includes growth prospects owing to the current construction scaffolding market trends and their foreseeable impact during the forecast period.

The construction industry is witnessing increased investment from governments and various private and public players. For instance, in May 2023, the executive government ministries of Saskatchewan, Canada, announced an investment worth US$ 1.26 million in infrastructure. As of 2023, it is the largest infrastructure investment in Saskatchewan's history. The Ministry of SaskBuilds and Procurement is also planning to invest ~US$ 11.27 billion in infrastructure over the next four years. Similarly, in September 2021, the government of the UK announced US$ 709.61 billion of private and public investment projected to be implemented in infrastructure projects across the country till 2031. Such rising investment from various players is projected to contribute to the growing construction scaffolding market size in the coming years.

Construction Scaffolding Market Share — by Region, 2023

Source: The Insight Partners Analysis

The construction scaffolding market is segmented on the basis of offering, type, application, and geography. In terms of offering, the market is bifurcated into scaffolding products (sale) and rental solutions. Based on type, the construction scaffolding market is segmented into frame scaffolding, tube and clamp scaffolding, ring lock scaffolding, cup lock scaffolding, and others. In terms of application, the construction scaffolding market is segmented into residential buildings, commercial buildings, industrial, oil and gas industry, events, and others. Geographically, the market is segmented into North America, Europe, and the Middle East & Africa, and South & Central America.

The commercial building segment held the largest construction scaffolding market share in 2023. Scaffolding is used in commercial buildings for various construction, maintenance, and renovation tasks. Commercial buildings encompass a wide range of structures, such as office complexes, retail spaces, and hotels. Scaffolding provides a safe and effective way to access different parts of these buildings while ensuring the safety of workers and the public. During the construction of new commercial buildings or the expansion of existing ones, scaffolding is used to provide safe access for various construction tasks, such as concrete pouring, masonry work, and structural installation. Installing large signage, banners, and other advertising materials on the exterior of commercial buildings often requires scaffolding to ensure safe and accurate placement. Installing, repairing, or maintaining heating, ventilation, air conditioning (HVAC) systems and other mechanical systems placed on the exterior of commercial buildings can be facilitated by scaffolding. Moreover, Ontario Line Transit Expansion, Panda Markham Condominiums, and Union Park are among the top commercial infrastructure projects in Canada. The government of Canada implemented policies that support the green transformation of metropolitan centers, as well as the circular economy, energy independence, and local production. In addition, Manchester's iconic Rylands building renovation project to transform the city’s Debenhams building into office space and shopping arcade is expected to be completed by early 2025, which is also anticipated to boost the construction activities in the commercial sector. Such projects are anticipated to contribute to the growing construction scaffolding market size during the forecast period.    

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 US holds a prominent share in the scaffolding market in North America. Rising demand for infrastructure development, increasing requirements for renovation and repair work, and growing urbanization influence the scaffolding market. The growth in the construction sector is a major driving factor influencing the US scaffolding market. The key sectors in the US construction market are industrial construction, energy and utilities construction, commercial construction, infrastructure construction, and residential and institutional construction. Gordie Howe International Bridge, Madison Square Garden Sphere, Sound Transit 3 (ST3) Construction Project, Hudson Yards–New York, Second Avenue Subway, Chicago airport expansion, Hudson Tunnel Project, and JFK Airport Expansion are among the major construction projects in the US, which is anticipated to boost the construction scaffolding market growth in the country.

The US Department of Labor (DoL) manages and enforces over 180 federal laws. These laws include the Occupational Safety and Health Act of 1970, which ensures workplace standards to certify worker and employee protection from hazards that pose a risk to their safety. With the growing focus and emphasis on maintaining proper working conditions and workers' safety, construction firms are opting for standard construction scaffolding products. The rising demand for advanced scaffolding products in manufacturing and construction sites is fueling the scaffolding market growth in the US.

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 are among the key players profiled in the construction scaffolding market report. Companies operating in the construction scaffolding market mainly focus on product and service enhancements by integrating advanced features and technologies into their offerings.

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