Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 53.12 Billion | USD 79.84 Billion | 5.24% | 2022 |
FrequentlyAsked Questions
Scaffolding is a temporary structure that is made from scaffold materials such as metal poles and wood planks. Furthermore, the scaffolding is used for aiding workers working in construction sites, inspectors, and cleaners who need to work at height. Reportedly, scaffold materials find extensive applications in refurbishment and construction activities.
The global scaffold material market growth is owing to the immense application of the product in various construction activities across the globe.
According to a study, the global scaffold material industry size was $53.12 billion in 2022 and is projected to reach $79.84 billion by the end of 2030.
The global scaffold material market is anticipated to record a CAGR of nearly 5.24% from 2023 to 2030.
The European scaffold material industry is set to register the highest CAGR over the forecasting timeline owing to the presence of giant product manufacturers in countries such as Germany, the UK, Holland, France, Italy, and Spain. In addition to this, an increase in product penetration in various construction activities along with its humungous demand for renovating old structures as well as artifacts in the region will enlarge and fortify the regional industry expansion.
The global scaffold material market is led by players such as Direct Scaffold Supply LP, Scaffoldmart, Ceco Concrete Construction LLC, Atlantic Pacific Equipment Inc., Northern California Scaffold, Altrad, AT-PAC, Rizhao Fenghua, BrandSafway, Safway Group Holding LLC, Direct Scaffold Supply LP, Youying Group, PERI GmbH, Layher Inc., Waco Kwikform Limited, B&B Pipe and Industrial Tools, ADTO Group, MJ Gerüst, Entrepose Echafaudages, Scaffolding Today Inc. Sunshine Enterprise, Commercial Scaffolding Sales INC, C J SCAFFOLD SERVICE INC., L&B BUILDING SUPPLY Inc., and ULMA Construction..
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