Innovations and Green Building Trends Drive Growth in the Global Scaffolding Market to 2030
Wednesday, October 11, 2023
DUBLIN, Oct. 3, 2023 /PRNewswire/ -- The "Scaffolding - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg
The global Scaffolding market, which was estimated at US$58.9 billion in 2022, is poised for substantial growth and is projected to attain a revised size of US$94.2 billion by 2030, with a strong CAGR of 6.1% over the analysis period from 2022 to 2030.
Among the segments analyzed in the report, the Supported segment is expected to record an impressive 6.3% CAGR, reaching US$39.1 billion by the end of the analysis period. Growth in the Suspended segment is estimated at a CAGR of 5.6% for the next eight years.
U.S. Market Estimated at $13 Billion, China Forecasted to Grow at 7.7% CAGR
In the U.S., the Scaffolding market is estimated at US$13 billion in 2022. Meanwhile, China, the world's second-largest economy, is forecasted to reach a projected market size of US$19 billion by the year 2030, demonstrating a robust CAGR of 7.7% over the analysis period from 2022 to 2030. Other noteworthy geographic markets include Japan and Canada, each forecasted to grow at 4.2% and 5%, respectively, over the 2022-2030 period. Within Europe, Germany is expected to grow at an approximate CAGR of 4.9%.
Key Competitors in the Scaffolding Market
The report identifies key competitors in the Scaffolding market, including ADTO Industrial Group Co. Ltd., Altrad Investment Authority, S.A.S., Atlantic Pacific Equipment LLC, Brand Safway, Cangzhou Weisitai Scaffolding Co. Ltd., Changli XMWY Formwork Scaffolding Co. Ltd., MJ Gerust GmbH, PERI SE, Stepup Scaffold LLC, ULMA C y E, S. Coop., Wilhelm Layher GmbH & Co KG, and others.
Economic Outlook and Market Landscape
The global economic outlook is showing signs of improvement, with growth recovery anticipated in the near term. While the United States has experienced slowing GDP growth in response to tight monetary and financial conditions, it has nevertheless overcome recession threats. Easing headline inflation in the Euro area is boosting real incomes and contributing to an upswing in economic activity. China is expected to witness robust GDP growth as the pandemic threat diminishes, and the government adjusts its policy stance. India is also on track to emerge as a trillion-dollar economy by 2030, surpassing Japan and Germany.
Nevertheless, various challenges persist, including uncertainty surrounding the Ukraine conflict, slower-than-expected global headline inflation decline, ongoing food and fuel inflation in developing nations, and elevated retail inflation impacting consumer confidence and spending. Governments worldwide are addressing these challenges, which are impacting market sentiments. Efforts to combat inflation through interest rate hikes may affect job creation and economic activity. Additionally, a stricter regulatory environment and increased pressure to incorporate climate change considerations into economic decisions add complexity to the challenges faced.
While corporate investments may face headwinds due to inflation concerns and weaker demand, the emergence of new technologies such as generative AI, applied AI, industrialized machine learning, next-generation software development, Web3, cloud and edge computing, quantum technologies, electrification, renewables, and climate technologies presents opportunities for global GDP growth.
What's New in the Report?
-- Special discussions on the global economic climate and market sentiment.
-- Coverage on global competitiveness and key competitor market shares.
-- Market presence analysis across multiple geographies.
-- Online interactive peer-to-peer collaborative bespoke updates.
-- Access to digital archives and trademarked research platform.
-- Complimentary updates for one year.
-- Access to curated YouTube video transcripts featuring insights from
CEOs, domain experts, and market influencers via interviews, podcasts,
press statements, and event keynotes.
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
-- Global Economic Update
-- Although Declining for the First Time Since the Russia-Ukraine War,
Global Oil Prices Still Remains Higher Than 2019 Levels Which In Turn
Will Take Inflation Longer Than Expected to Fall: Global Average Annual
Brent Crude Oil Price (In US$ Per Barrel) for Years 2017 through 2024
-- Slower Than Anticipated Decline Makes Inflation a Stickier Than Expected
Problem to Solve in 2023: Global Inflation Rates (In %) for the Years
2019 Through 2024
-- Global Economy Faces a Tough Climb Towards Recovery Made Rockier by the
War, Anti-Inflation Fiscal Policies & Slower Than Desirable Easing of
Inflationary Pressures: World Economic Growth Projections (Real GDP,
Annual % Change) for the Years 2020 Through 2024
-- Inflation Battling Policy Measures to Slowdown Post Pandemic Recovery in
Unemployment Rates: Global Number of Unemployed People (In Million) for
Years 2019 Through 2024
-- Competition
-- Scaffolding - Global Key Competitors Percentage Market Share in 2023 (E)
-- Competitive Market Presence - Strong/Active/Niche/Trivial for Players
Worldwide in 2023 (E)
-- Scaffolding: Overview, Importance, Benefits & Types
-- World Brands
-- Recent Market Activity
-- Innovations
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
-- Economic Slowdown & Inflation Weakens Momentum in the Global
Construction End-Use Sector
-- As Inflation Takes Its Toll in the Form of Rising Cost of Construction
Materials, Growth Outlook Weakens for all in the Global Construction
Value Chain: Global Prices of Construction Materials (In US$) for Q1
2022 and Q1 2023
-- Growing Investments in Cold Storage Construction to Benefit Demand for
Scaffolding
-- Robust Spending on Cold Storage Construction Creates a Parallel Need for
Scaffolding as an Important & Indispensable Construction Equipment:
Global Spending on Cold Storage Construction (In US$ Million) for Years
2023, 2025 and 2027
-- Modular Scaffolding Rises in Popularity for Its Myriad Benefits
-- Robust Investments Energy Efficient Buildings Made Resilient by
Stringent Focus on Climate Change to Benefit Demand for Scaffolding
-- Construction of Energy Efficient Building & Remodeling for Better Energy
Efficiency Bodes Well for Scaffolding in Construction Projects: Global
Market for Net-Zero Energy Buildings (In US$ Million) for Years 2023,
2025 and 2027
-- Growing Spending on Vertical Garden Construction Brings in Added
Opportunities for Growth in the Scaffolding Market
-- Rising Global Interest in Green Buildings to Boost Use of Scaffolding in
Vertical Garden Construction Projects: Global Market for Vertical
Gardens (In US$ Million) for Years 2023, 2025 and 2027
-- Shipyard & Shipbuilding Scaffolding to Witness Growth
-- More Ships Being Built Means Greater Need for Scaffolding to Ensure Safe
and Efficient Construction: Global Shipbuilding Industry (In US$
Billion) for Years 2023, 2025, 2027, 2029 and 2031
-- Oil & Gas Industry, a Major End-Use Market for Scaffolding
-- As Oil & Gas Investment Needs Rise Amid Market Uncertainty, the Increase
in Upstream Capital Spending by Global Oil Producers to Benefit All in
the Value Chain Including Scaffolding Manufacturers: Global Upstream
CAPEX by Oil Producers (In US$ Billion) for Years 2023, 2025, 2027, 2029
and 2031
-- Robots Pitch-In to Erect Scaffolding Structures
-- Demand for Advanced Scaffolding Solutions Rises
-- Sensor Integration Into Scaffolding, a Key Trend
-- Rise in Scaffolding Related Injuries Drives Focus on Scaffolding Safety
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/psraxv
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Media Contact:
Media Contact in the release document to be replaced with:
Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg
View original content:https://www.prnewswire.com/news-releases/innovations-and-green-building-trends-drive-growth-in-the-global-scaffolding-market-to-2030-301946073.html
SOURCE Research and Markets
|
|
|
|
|
 |
Weekly Recap: 11 Tech Press Releases You Need to See | Jan 22, 2026
|
|
Sup AI Sets New Benchmark Record with 52.15% on Humanity's Last Exam | Jan 22, 2026
|
|
DEADLINE ANNOUNCED FOR 2026 NEW TOP-LEVEL DOMAIN APPLICATIONS | Jan 22, 2026
|
|
Trigent Partners with WeWork India to Expand its GCC Footprint | Jan 22, 2026
|
|
Skunk Works® and XTEND Expand Joint All Domain Command and Control for Advanced Mission Execution | Jan 22, 2026
|
|
Exia Labs Brings Keystone to the U.S. Navy via DIU's Blue Object Management Challenge | Jan 22, 2026
|
|
Altair HyperWorks 2026 Delivers Design and Simulation at Scale with AI | Jan 22, 2026
|
|
Glasswall Brings Defense-Level File Sanitization to Every Government Agency and Business Using Microsoft 365 | Jan 22, 2026
|
|
The Roadmap to Securing Your Own Digital Domain is Now Available | Jan 22, 2026
|
|
Buyers Edge Platform Appoints Jaime Selga to Lead Expansion Across the Middle East, Africa & Asia | Jan 22, 2026
|
|
|
