The Global Scaffolding Accessories Market Growth Accelerated By Increasing Usage Of Temporary Structures In Construction Industry
Scaffolding Accessories Market |
Scaffolding
accessories are utilized as an important part of a scaffolding system to
provide safety and easy usability during construction and repair activities.
Scaffolding accessories such as toe boards, screw jacks, couplers, guardrails,
and handrails provide fall protections for workers working at heights and
allows comfortable mounting, dismounting, and movement along the scaffolding
frames. Rising construction projects such as buildings, bridges, and other
infrastructure developments are increasing the demand for scaffolding
accessories.
The
global Scaffolding Accessories Market is estimated to be valued at US$ 1.68 Mn in 2023 and is expected to
exhibit a CAGR of 5.3% over the
forecast period 2023 to 2031, as highlighted in a new report published by
Coherent Market Insights.
Market key trends:
The increasing usage of temporary structures in the construction industry is a
major factor accelerating growth of the scaffolding accessories market. Modern
construction projects utilize modular scaffolding systems which require
accessories for effective assembly and safety. Growing preference of
pre-fabricated and mechanized construction techniques necessitate proper
installation and setup of scaffolding accessories. Manufacturers are developing
lightweight yet durable accessories using corrosion-resistant materials to
provide easy maneuverability and longevity in harsh outdoor environment at
construction sites. Innovation in product design catering to jobsite challenges
is another key trend shaping the scaffolding accessories market.
Segment Analysis
The global scaffolding accessories market is segmented by product type and end
use. Based on product type, the ledge brackets segment dominates the market and
is expected to maintain its dominance over the forecast period. Ledge brackets
are extensively used to connect scaffolding ledges with vertical poles,
enabling easy installation and dismantling of scaffolding structures. In terms
of end use, the construction segment accounts for the largest share in the
scaffolding accessories market. Growing construction activities across both
residential and non-residential sectors is driving the demand for scaffolding
accessories from the construction segment.
Key Takeaways
The Global
Scaffolding Accessories Market Demand is expected to witness high growth over the
forecast period of 2023 to 2031. The global Scaffolding Accessories Market is
estimated to be valued at US$ 1.68 Mn in 2023 and is expected to exhibit a CAGR
of 5.3% over the forecast period 2023 to 2031.
The
Asia Pacific region is expected to be the fastest growing regional market for
scaffolding accessories during the forecast period. Increasing construction
activities and infrastructure development projects in countries like China and
India are fueling market growth in the region.
Key players operating in the scaffolding accessories market are Pfizer Inc.,
GlaxoSmithKline, Biomed Pvt. Ltd., Serum Institute of India, Baxter
International, Sanofi S.A., Neuro Biotech, Merck, JN-International, CNGB. The
market is characterized by the presence of established global and domestic
players focusing on product innovation and expansion to emerging economies to
gain market share.
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