On the other hand, the LAMEA region is projected to exhibit the highest compound annual growth rate (CAGR) of 14.0% between 20. In 2021, by region, the Asia-Pacific region dominated the global scaffolding market, accounting for approximately half of the total market revenue. The industrial segment, at the same time, would cite the fastest CAGR of 6.4% from 2022 to 2031. However, during the forecast period, the aluminum segment is expected to exhibit the highest growth rate, with a compound annual growth rate (CAGR) of 5.8%.īy end user, the residential segment garnered the highest share in 2021, accounting for nearly half of the global scaffolding market revenue. The suspended segment is also discussed in the report.īuy This Research Report (219 Pages PDF with Insights, Charts, Tables, Figures):īy material, In 2021, the steel segment dominated the global scaffolding market, contributing to around half of the total revenue. The rolling segment, however, would display the fastest CAGR of 6.8% throughout the forecast period. This information can assist investors and market players in developing strategies based on the segments that generate the highest revenue and exhibit the fastest growth, as outlined in the report.īy type, the supported segment contributed to more than half of the global scaffolding market share in 2021, and is projected to rule the roost by 2031. It includes a comprehensive analysis of the different segments and their sub-segments, presented in tables and graphs. The report thoroughly examines the global scaffolding market across Type, Material, End User, and Region. However, by the end of 2021, the market showed signs of recovery.This had a negative impact on the market. The global scaffolding market experienced a significant decline during the initial period of the pandemic due to reduced construction activities and the downturn of the manufacturing industry.Government investments in the building infrastructure sector Incidences such as harsh weather conditions Increase in consumer demand for home renovation and replacement Rise in construction activities globally for residential and commercial buildings The market study is a helpful source of information for the frontrunners, new entrants, investors, and shareholders in crafting strategies for the future and heightening their position in the market.ĭownload Free Sample Report coverage & details: Forecast Period The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and evolving market trends. Portland,OR, Ma(GLOBE NEWSWIRE) - According to the report published by Allied Market Research, the global scaffolding market was estimated at $52.2 billion in 2021 and is expected to hit $81 billion by 2031, registering a CAGR of 4.6% from 2022 to 2031.
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