Industry Leaders Such as PERI GmbH, Doka GmbH, Layher NA, and ULMA Group Continue to Drive Expansion

Market Growth and Key Players

US & Canada, March 27, 2025 -- According to a recent report from The Insight Partners, the global construction scaffolding market is expected to experience significant expansion, reaching $66.96 billion by 2031, up from $47.99 billion in 2023, reflecting a 4.3% CAGR over the forecast period. The report provides a comprehensive analysis of market trends, regional growth, and key industry players, including PERI GmbH, Doka GmbH, Layher NA, ULMA Group, ALFIX, Altrad Group, Haki System Scaffolding, Scafom-tux, Tobler AG, Afix Group, MJ Gerust, KERO, Plettac, Tubesca-comabi, RMD kwikform, BrandSafway, Wellmade Scaffolding, and Duscaff.

“Trade shows are a robust platform that allows companies to showcase their entire business at one booth, raising company awareness among customers.” This, in turn, is contributing to the overall growth of the scaffolding market.

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Key Factors Driving Market Expansion

Rise in Construction Activities‍

The global construction sector is witnessing heightened demand due to increasing urbanization and economic expansion. According to World Bank data, urban population levels have surged from 3.5 billion in 2010 to 4.4 billion in 2022, driving demand for infrastructure and high-rise buildings.

Government Initiatives Boosting Demand‍

Infrastructure development projects are a crucial driver of market growth. For instance, the Government of India’s affordable housing scheme has resulted in the construction of 10 million housing units between 2019 and 2024. Meanwhile, Saudi Arabia’s Vision 2030 initiative has allocated $1.3 trillion in 2024 to residential and commercial infrastructure development.

Growing Demand for Scaffolding Rentals‍

The construction industry’s high initial investment requirements have led to a rise in scaffolding rental services, offering a cost-effective and flexible solution for small and medium-sized contractors. This model eliminates upfront investment costs while addressing project-specific scaffolding needs.

Energy Infrastructure Development‍

As countries worldwide push toward green energy, large-scale projects requiring scaffolding solutions are on the rise. The U.S. government’s offshore wind project (15 GW target), Germany’s offshore wind initiative (30 GW target), and India’s nuclear power expansion plan (tripling capacity by 2030) are notable examples fueling demand in the sector.

Emergence of Modular Scaffolding

The rising demand for modern and architectural construction is driving interest in modular scaffolding solutions, which offer improved flexibility, ease of transportation, and reduced labor costs. Industries such as oil, gas, and chemical manufacturing are adopting these scaffolding types due to their enhanced safety and versatility.

“Scaffold providers that offer modular scaffolding can offer solutions that cater to diverse project requirements, enhance worker safety, and contribute to more streamlined and sustainable construction practices.”

Companies are actively expanding their portfolios to meet tThis demand. For example, in May 2024, Doka launched its ringlock modular scaffolding in Australia, further expanding its market reach.

Regional Market Insights

Asia Pacific is leading the market with the highest revenue share in 2023, followed by Europe and North America. The region is expected to continue its dominance with the highest CAGR during the forecast period. Key projects include:

• Philippines: Three major infrastructure projects by NLEX Corporation in 2024.
• Indonesia: A record-high infrastructure budget of $26.48 billion in 2024.
• Vietnam: Long Thanh International Airport development, valued at $14.5 billion, set for completion in 2025.
• Singapore: Changi Airport Terminal 5 expansion, a $10 billion project slated for completion by 2030.

The increasing government focus on infrastructure expansion and economic development is significantly influencing scaffolding demand across these regions.

Competitive Landscape and Market Innovations

Key players in the construction scaffolding industry continue to adopt innovative strategies, including new product launches, strategic partnerships, and global expansion. Recent industry developments include:

• "ULMA Construction Canada and Bird Stairs Announced Strategic Partnership Agreement.”
• "ULMA participated in the construction of the Warsaw Museum of Modern Art.”
• "Midway acquired Austrian EKRO Bausystem through HAKI.”

With a growing focus on sustainable construction practices, modular scaffolding, and large-scale infrastructure development, the construction scaffolding market is poised for sustained growth in the coming years.

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Originally reported by The Insight Partners in Global News wire.