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Construction Scaffolding Rental Market by Product, Application, End-user, and Geography - Forecast and Analysis 2021-2025

  • Published: Aug 2021
  • Pages: 120
  • SKU: IRTNTR40894
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The construction scaffolding rental market share is expected to increase by USD 2.30 billion from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 4.85%.

This construction scaffolding rental market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. The construction scaffolding rental market report also offers information on several market vendors, including Altrad Group, Apollo Scaffold Services Ltd., ASA Scaffolding Services Ltd., Ashtead Group Plc, Brand Industrial Services Inc., Condor Spa, MONDRAGON Corp., Pee Kay Scaffolding and shuttering Ltd., The Brock Group, and United Rentals Inc. among others. Furthermore, this report extensively covers construction scaffolding rental market segmentation by product (supported, mobile, and suspended), end-user (non-residential and residential), and geography (APAC, North America, Europe, MEA, and South America).

What will the Construction Scaffolding Rental Market Size be During the Forecast Period?

Construction Scaffolding Rental Market Size

Download the Free Report Sample to Unlock the Construction Scaffolding Rental Market Size for the Forecast Period and Other Important Statistics

 

Construction Scaffolding Rental Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The stringent safety regulations are notably driving the construction scaffolding rental market growth, although factors such as improper management may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the construction scaffolding rental industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Construction Scaffolding Rental Market Driver

Stringent safety regulations are a major driver fueling the construction scaffolding rental market growth. Accidents are common on construction sites due to the presence of several workers. Therefore, several stringent regulations related to safety have been imposed. The presence of such regulations has increased the use of scaffoldings. According to OSHA, 2.3 million workers, which is 65% of the total workforce of the construction industry in the US, work on scaffolds. In the US, scaffold-related malfunctioning causes nearly 4,500 injuries and 60 deaths every year. Therefore, OSHA mandates certain regulations when erecting or dismantling scaffoldings. The OSHA requires employers to provide proper training by a qualified person to people who erect or dismantle scaffolding. They must be aware of the possible hazards associated while erecting or dismantling. They must also have proper authorization to eliminate hazards such as collapse and instability. The OSHA also has standards that define the requirements for designing and constructing scaffolds at construction sites. Scaffolds must be designed by a qualified person who possesses a recognized degree, certificate, or professional standing related to scaffolding designing. The qualified person must conduct adequate preplanning such as determining the type of scaffolding to be used and the maximum load carried by the scaffold, ensuring a good foundation, and avoiding electrical hazards. Similarly, the Government of Australia has imposed the Australian/New Zealand Standards (AS/NZS 1576.1:2010) for scaffolding, which mandates the general requirements for construction sites in Australia and New Zealand. Hence, the presence of stringent safety regulations will increase the demand for construction scaffolding during the forecast period. 

Key Construction Scaffolding Rental Market Trend

The incorporation of advanced technologies is a major trend influencing the construction scaffolding rental market growth. There have been several technological advances in the global construction scaffolding rental market, which have improved the process of renting scaffolding. The construction industry requires the quick delivery of scaffolding to construction sites to adhere to the timelines of projects. Therefore, scaffolding rental providers are reducing lead time using advanced technologies such as enterprise resource planning (ERP) software solutions. ERP software solutions enable construction scaffolding rental providers to control various processes such as managing inventory, locating scaffolds, and checking availability. They also enable the monitoring of delivery and returns. ERP software solutions enable automatic billing to simplify payments. They also track maintenance and repairs. ERP software solutions also calculate the depreciation cost of the components of scaffolding. Several companies such as Orion Software, Scaftech, and ARM provide ERP software solutions for scaffolding rental providers. Some key vendors use radiofrequency identification (RFID) technology to check the scaffolding equipment in their inventory. For instance, Altrad uses Bluetooth low energy (BLE) on scaffolding crates to check the availability of equipment in warehouses. 

Key Construction Scaffolding Rental Market Challenge

Improper management is a major hindrance to construction scaffolding rental market growth. Proper management is required to operate a construction scaffolding rental business. Companies must use their assets optimally to maintain profitability. Several costs, such as construction and transportation costs, are associated with maintaining construction scaffolding. Scaffolding rental companies must change equipment according to the needs of construction sites. Hence, they require several types of scaffolding. The scaffolding used in construction sites is subject to wear and tear due to harsh working environments. The rough use of scaffolding due to overloading will also cause wear and tear. These factors must be considered to estimate the lifecycle of scaffolding. The improper management of scaffolding would lead to loss of opportunities as the proper type of scaffolding would not be available. For instance, Harsco sold its loss-making scaffolding and infrastructure business to BRAND ENERGY AND INFRASTRUCTURE SERVICES because of improper management. Hence, improper management is a challenge for the growth of the global construction scaffolding rental market. 

This construction scaffolding rental market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Parent Market Analysis

Technavio categorizes the global construction scaffolding rental market as a part of the global construction machinery and heavy trucks market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the construction scaffolding rental market during the forecast period.

Who are the Major Construction Scaffolding Rental Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • Altrad Group
  • Apollo Scaffold Services Ltd.
  • ASA Scaffolding Services Ltd.
  • Ashtead Group Plc
  • Brand Industrial Services Inc.
  • Condor Spa
  • MONDRAGON Corp.
  • Pee Kay Scaffolding and shuttering Ltd.
  • The Brock Group
  • United Rentals Inc.

 

This statistical study of the construction scaffolding rental market encompasses successful business strategies deployed by the key vendors. The construction scaffolding rental market is concentrated and the vendors are deploying growth strategies such as organic and inorganic strategies to compete in the market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The construction scaffolding rental market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Construction Scaffolding Rental Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the construction scaffolding rental market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

The value chain of global construction machinery and heavy trucks market includes the following core components:

  • Inputs
  • Inbound logistics
  • Operations
  • Outbound logistics
  • Marketing and sales
  • Service
  • Support activities
  • Innovation

The report has further elucidated on other innovative approaches being followed by manufacturers to ensure a sustainable market presence.

 

Which are the Key Regions for Construction Scaffolding Rental Market?

Construction Scaffolding Rental Market Market segmentation by region

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50% of the market's growth will originate from APAC during the forecast period. China and India are the key markets for construction scaffolding rental in the region. Market growth in this region will be faster than the growth of the market in regions.

The incorporation of advanced technologies will facilitate the construction scaffolding rental market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The outbreak of COVID-19 in 2020 in APAC led to a decline in the growth of the construction scaffolding rental market in the region. As a safety measure, governments of several countries in the region announced a lockdown for several months, which forced companies to close their manufacturing units. The real estate industry was also impacted negatively, owing to the halt of construction work. Construction activities in the region have resumed in a limited capacity with the lifting of lockdowns in the second half of 2020. With the implementation of mass-scale COVID-19 vaccination programs in the region in 2021, the market in focus is expected to recover and grow during the forecast period. 

What are the Revenue-generating Product Segments in the Construction Scaffolding Rental Market?

Construction Scaffolding Rental Market Segmentation

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The construction scaffolding rental market share growth by the supported scaffolds segment will be significant during the forecast period.Supported scaffolds are commonly used in construction sites. They consist of one or more platforms, which are supported by outrigger beams, brackets, poles, legs, uprights, posts, frames, or similar rigid support structures. Supported scaffolds are used in residential and non-residential construction. They are also used in the construction of infrastructures such as bridges and flyovers. 

Besides the above-mentioned factors, the post COVID-19 impact has brought forth a slowdown in or fast tracked the demand for the service or product. This report provides an accurate prediction of the contribution of all the segments to the growth of the construction scaffolding rental market size and actionable market insights on post COVID-19 impact on each segment.

 

Construction Scaffolding Rental Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 4.85%

Market growth 2020-2024

$ 2.30 billion

Market structure

Concentrated

YoY growth (%)

4.08

Regional analysis

APAC, North America, Europe, MEA, South America, APAC, North America, Europe, MEA, South America, APAC, North America, Europe, MEA, and South America

Performing market contribution

APAC at 50%

Key consumer countries

US, China, UK, India, and Germany

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Altrad Group, Apollo Scaffold Services Ltd., ASA Scaffolding Services Ltd., Ashtead Group Plc, Brand Industrial Services Inc., Condor Spa, MONDRAGON Corp., Pee Kay Scaffolding and shuttering Ltd., The Brock Group, and United Rentals Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

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What are the Key Data Covered in this Construction Scaffolding Rental Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive construction scaffolding rental market growth during the next five years
  • Precise estimation of the construction scaffolding rental market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the construction scaffolding rental industry across APAC, North America, Europe, MEA, South America, APAC, North America, Europe, MEA, South America, APAC, North America, Europe, MEA, and South America
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of construction scaffolding rental market vendors

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Product

    • Market segments
    • Comparison by Product
    • Supported - Market size and forecast 2020-2025
    • Mobile - Market size and forecast 2020-2025
    • Suspended - Market size and forecast 2020-2025
    • Market opportunity by Product

    Market Segmentation by Application

    • Market segments
    • Comparison by Application
    • New Construction - Market size and forecast 2020-2025
    • Refurbishment - Market size and forecast 2020-2025
    • Demolition - Market size and forecast 2020-2025
    • Market opportunity by Application

    Market Segmentation by End-user

    • Market segments
    • Comparison by End-user
    • Non-residential - Market size and forecast 2020-2025
    • Residential - Market size and forecast 2020-2025
    • Market opportunity by End-user

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • APAC - Market size and forecast 2020-2025
      • North America - Market size and forecast 2020-2025
      • Europe - Market size and forecast 2020-2025
      • MEA - Market size and forecast 2020-2025
      • South America - Market size and forecast 2020-2025
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Overview
      • Landscape disruption

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • Altrad Group
      • American Scaffolding Inc.
      • ASA SCAFFOLDING SERVICES LTD
      • Ashtead Group Plc
      • Brand Industrial Services Inc.
      • Condor S.p.A.
      • Pee Kay Scaffolding and Shuttering Ltd.
      • The Brock Group
      • United Rentals Inc.

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Framework

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      TechnavioINFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases
      Technavio

      TechnavioDATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts
      Technavio

      TechnavioREPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
      Interested in this report?
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      Construction Scaffolding Rental Market market growth will increase by $2.30 bn during 2020-2024.
      The construction scaffolding rental market market is expected to grow at a CAGR of 4.85% during 2020-2024.
      Technavio has segmented the construction scaffolding rental market market by product (supported, mobile, and suspended) ,end user (non-residential, residential, and Demolition) , and geography (APAC, North America, Europe, MEA, and South America).
      Altrad Group, Apollo Scaffold Services Ltd., ASA Scaffolding Services Ltd., Ashtead Group Plc, Brand Industrial Services Inc., Condor Spa, MONDRAGON Corp., Pee Kay Scaffolding and shuttering Ltd., The Brock Group, United Rentals Inc. are a few of the key vendors in the construction scaffolding rental market market.
      APAC will register the highest growth rate of 50% among the other regions. Therefore, the construction scaffolding rental market market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
      The key factors driving the construction scaffolding rental market market growth are:
      • Rise in construction activities in developing countries
      • Incorporation of advanced technologies
      The construction scaffolding rental market market vendors should focus on grabbing business opportunities from the supported segment as it accounted for the largest market share in the base year.
      • What are the key global market and the regional market share?
      • What are the revenue-generating key market segments?
      • What are the key factors driving and challenging this market’s growth?
      • Who are the key market vendors and their growth strategies?
      • What are the latest trends influencing the growth of this market?
      • What are the variables influencing the market growth in the primary regions?
      • What are the factors influencing the growth of the parent market?
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      • Five-force market analysis

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