Scaffolding Market 2018 by Global Leaders: Wilhelm Layher Holding GmbH & Co., Waco Kwikform Limited, Stepup Scaffold, LLC, ADTO Industrial Group Co., Tianjin Wellmade Scaffold Co.

Global Scaffolding market forecast till 2023
The Scaffolding market is currently dominated by few players. Many organizations especially in Europe and Asia Pacific region have their own manufacturing units, while, some organizations outsource manufacturing to other organizations. Asia Pacific being one of the fastest growing markets, is a hub of opportunities for companies who are keen on expanding their units. Moreover, there are other small and medium scale players who are able to generate revenue from the local markets. PERI GmbH, Altrad Group, Safway Group Holding LLC and ULMA Construction have been recognized as the global leaders with a broad range of products serving marine sector for Scaffolding systems. These three companies contributed a share of more than 15% of global scaffolding market in 2016.

Scaffolding is defined as the erection, alteration or dismantling of temporary structure, specifically erected to support a platform. Scaffolds are commonly used for working at heights, and it involves the risk for a scaffolder (person working on a scaffold) to fall from an incomplete scaffold during the erection and dismantling of a scaffold.

Analysis of future trends in Construction Industry
The Asia Pacific region is hot for the construction industry, currently, due to the sheer number of construction projects that are set to go underway. With nations such as India and China looking to strengthen their infrastructural base, government aids and subsidies are set to attract significant investment in the construction industry. Increasing population, and inadequacy of housing structures, are set to be the driving factors for the scaffolding market in these regions. The concept of scaffolding is expected to be warmly welcomed in the Asia Pacific region, mainly due to the increasing need for new modular housing facilities to meet the increasing population in the Asia Pacific region.

Key Players
The major players operating in scaffolding market are Wilhelm Layher Holding GmbH & Co. KG, Safway Group Holding LLC, PERI GmbH, Altrad Group, ULMA Construction, MJ-Gerüst GmbH, Waco Kwikform Limited, Stepup Scaffold, LLC, ADTO Industrial Group Co., Ltd., Changli XMWY Formwork Scaffolding Co., Ltd. Beijing Kangde, Cangzhou Weisitai Scaffolding Co.Ltd., Instant Upright, Tianjin Wellmade Scaffold Co. Ltd., Youying Group Rapid Scaffolding Engineering Co. Ltd, Tianjin Gowe Industrial Co. Ltd., Entrepose Echafaudages Itsen Construction Equipment (Guangzhou) Co. Ltd., Rizhao Fenghua Scaffolding Co. Ltd. and KHK Scaffolding & Formwork LLC.

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North America region dominates the global Scaffolding market
Geographically, the global Scaffolding market has been divided into four major regions as North America, Europe, Asia Pacific and Rest of the World. Asia Pacific region, has accounted for the largest market share, in 2016, followed by Europe and North America. It is expected to be the fastest growing region for the market. Rapid growth in construction, mainly due to industrialization and urbanization, are driving the growth of the market. China, India, and Japan are the major countries of the market. In India, government laying special emphasis on construction and infrastructural development in the 12th Five Year Plan, opportunities abound in the scaffolding industry. In Japan, the infrastructure market is expected to benefit from the government plans to develop infrastructure to transport and accommodate tourists during the 2020 Olympic Games. Accordingly, in 2015, the government allocated JPY3.5 trillion (USD 29.1 billion) for the construction of bridges, roads, tunnels, rail and other related infrastructure to support the economic growth by 2020. All these major developments will certainly boost the scaffolding market in Japan.

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