PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1424292
PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1424292
The global scaffolding accessories market size was valued at US$ 1.45 Bn in 2023. The market is projected to grow at a CAGR of 5.6% from 2023 to 2030, resulting in an estimated market size of US$ 2.13 Bn by the end of 2030.
Report Coverage | Report Details | ||
---|---|---|---|
Base Year: | 2022 | Market Size in 2023/2024: | US$ 1.45 Bn |
Historical Data for: | 2018 to 2021 | Forecast Period: | 2023 - 2030 |
Forecast Period 2023/2024 to 2030/2031 CAGR: | 5.60% | 2030/2031 Value Projection: | US$ 2.13 Bn |
Scaffolding accessories are the parts and pieces that make up a scaffold. They are designed to support the structure, protect workers from falling, and allow easy access to work areas. A variety of scaffolding accessories are available for selection, and the required ones depend on the nature of the work being undertaken.
Scaffolding accessories are used in the building industry for various applications such as maintenance, painting and decorating, construction work, and window cleaning. These accessories are used to support the workers while they are working in high places. They are available in different designs and materials to suit the requirements of the customers. Some of the most common types of scaffolding accessories are ringlocks, couplers, ladders, and slings. Growing urbanization has amplified the need for advanced scaffolding solutions in residential, commercial and industrial construction projects. Moreover, stringent worker safety regulations imposed by government agencies are also pushing contractors to utilize robust and compliant scaffolding accessories. The market is anticipated to further gain momentum over the coming years due to rising investments in public infrastructure refurbishment in developed nations and growing construction spending in developing economies.
The global scaffolding accessories market is growing at a rapid pace. This market is driven by various factors such as increasing construction projects, rising demand for new homes, increasing spending on building maintenance and renovation, and technological advancements.
Seasonal demand, which causes the market to fluctuate throughout the year and the cost of manufacturing scaffolding products are expected to hamper growth of the global scaffolding accessories market over the forecast period.
Global Scaffolding Accessories Market Detailed Segmentation: