Europe Formwork System Market Forecast to 2030 - Regional Analysis - by Offerings (Solutions and Services) and Material Used (Wood, Metal, and Others)

List of Tables

The Europe formwork system market was valued at US$ 1,367.70 million in 2022 and is expected to reach US$ 1,963.03 million by 2030; it is estimated to register a CAGR of 4.6% from 2022 to 2030.

Growing Adoption of Modular and Reusable Formwork Systems Fuel Europe Formwork System Market

Modular and reusable formwork systems are cost-effective in the case of long-run construction projects. While the initial investment might be higher than traditional formwork, the ability to reuse the system across multiple projects reduces overall costs. Construction companies can realize substantial savings on formwork expenses over time. Traditional formwork often leads to significant material waste, including timber and plywood. Modular systems are designed for efficiency and minimal material waste, contributing to sustainability goals and cost savings. Modular formwork systems are designed for easy assembly and disassembly. These speeds up construction processes, allowing for shorter project timelines. Contractors can commit to more projects and increase their overall efficiency. Modular formwork systems can be customized and adapted to various project requirements. They are suitable for a wide range of structures, including walls, columns, slabs, and even curved or irregular shapes. This versatility makes them attractive for contractors working on diverse projects. Thus, the growing adoption of modular and reusable formwork systems is driven by their cost efficiency, sustainability, versatility, and safety benefits. These systems offer a practical and environmentally friendly solution for construction projects, making them highly attractive to contractors. Thus, the growing adoption of modular and reusable formwork systems is expected to create lucrative opportunities for the market growth in the coming years.

Europe Formwork System Market Overview

Germany, Russia, France, the UK, and Italy are the major countries in Europe and hold great potential for adopting advanced solutions that boost the productivity of several industrial and urban processes. European countries are concentrated with prominent industries such as automobiles, chemicals, food & beverages, and pharmaceuticals. In addition to the abovementioned countries, Norway, Finland, Sweden, the Netherlands, Denmark, and Switzerland are the other European countries offering robust contributions to technological advancements in the region, and they are anticipated to propel the growth of the formwork system.

According to Euroconstruct, the European construction industry is expected to experience slow growth in the coming years. Euroconstruct, in one of its reports, published the following growth rate figures for the construction industry in Europe; in 2017, 2018, 2019, and 2020, the industry registered growth rates of 4.2%, 3.1%, 1.9%, and 1.5%, respectively. The drop in the performance of this industry is expected to reduce the demand for various products, solutions, and services, including formwork for building structures. However, with the projected rise in construction activities in Nordic countries, Spain, Portugal, Belgium, and Ireland, among others, the formwork system market is also expected to grow in the coming years.

Europe Formwork System Market Revenue and Forecast to 2030 (US$ Million)

Europe Formwork System Market Segmentation

The Europe formwork system market is segmented based on offerings, material used, and country.

Based on offerings, the Europe formwork system market is bifurcated into solutions and services. The solutions segment held a larger share in 2022.

In terms of material used, the Europe formwork system market is segmented into wood, metal, and others. The wood segment held the largest share in 2022.

Based on country, the Europe formwork system market is categorized into Germany, France, the UK, Italy, Spain, and the Rest of Europe. Germany dominated the Europe formwork system market in 2022.

Encofrados Alsina, Brand Industrial Services Inc, EFCO corp, FORSA SA., MEVA GmbH, PASCHAL-Werk G. Maier GmbH, PERI GmbH, and Doka GmbH are some of the leading companies operating in the Europe formwork system market.

Product Code: TIPRE00023470

1. Introduction

1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights
2.2 Market Attractiveness

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. Europe Formwork System Market Landscape

4.1 Overview
4.2 Ecosystem Analysis
- 4.2.1 List of Formwork System Suppliers

5. Europe Formwork System Market - Key Industry Dynamics

5.1 Europe Formwork System Market - Key Industry Dynamics
5.2 Market Drivers
- 5.2.1 Increasing Number of Infrastructure Development Projects Globally
- 5.2.2 Rise in Adoption of Formwork System Rental Services
- 5.2.3 Growing Adoption of Metal Formwork
5.3 Market Restraints
- 5.3.1 Storage Space Constraints
5.4 Market Opportunities
- 5.4.1 Growing Adoption of Modular and Reusable Formwork Systems
- 5.4.2 Growth in Construction Sector
5.5 Future Trends
- 5.5.1 Advent of New Formwork Technologies
5.6 Impact of Drivers and Restraints:

6. Formwork System Market - Europe Market Analysis

6.1 Europe Formwork System Market Revenue (US$ Million), 2022 - 2030
6.2 Europe Formwork System Market Forecast and Analysis

7. Europe Formwork System Market Analysis - Offering

7.1 Solutions
- 7.1.1 Overview
- 7.1.2 Solutions Market, Revenue and Forecast to 2030 (US$ Million)
7.2 Services
- 7.2.1 Overview
- 7.2.2 Services Market, Revenue and Forecast to 2030 (US$ Million)

8. Europe Formwork System Market Analysis - Material Used

8.1 Wood
- 8.1.1 Overview
- 8.1.2 Wood Market Revenue, and Forecast to 2030 (US$ Million)
8.2 Metal
- 8.2.1 Overview
- 8.2.2 Metal Market Revenue, and Forecast to 2030 (US$ Million)
8.3 Others
- 8.3.1 Overview
- 8.3.2 Others Market Revenue, and Forecast to 2030 (US$ Million)

9. Europe Formwork System Market - Country Analysis

9.1 Europe Formwork System Market Revenue and Forecasts and Analysis - By Country
- 9.1.1 Europe Formwork System Market Revenue and Forecasts and Analysis - By Country
- 9.1.2 France Formwork System Market Revenue and Forecasts to 2030 (US$ Mn)
  - 9.1.2.1 France Formwork System Market Breakdown by Offering
  - 9.1.2.2 France Formwork System Market Breakdown by Material Used
- 9.1.3 Germany Formwork System Market Revenue and Forecasts to 2030 (US$ Mn)
  - 9.1.3.1 Germany Formwork System Market Breakdown by Offering
  - 9.1.3.2 Germany Formwork System Market Breakdown by Material Used
- 9.1.4 Italy Formwork System Market Revenue and Forecasts to 2030 (US$ Mn)
  - 9.1.4.1 Italy Formwork System Market Breakdown by Offering
  - 9.1.4.2 Italy Formwork System Market Breakdown by Material Used
- 9.1.5 UK Formwork System Market Revenue and Forecasts to 2030 (US$ Mn)
  - 9.1.5.1 UK Formwork System Market Breakdown by Offering
  - 9.1.5.2 UK Formwork System Market Breakdown by Material Used
- 9.1.6 Russia Formwork System Market Revenue and Forecasts to 2030 (US$ Mn)
  - 9.1.6.1 Russia Formwork System Market Breakdown by Offering
    - 9.1.6.1.1 Russia Formwork System Market Breakdown by Material Used
- 9.1.7 Rest of Europe Formwork System Market Revenue and Forecasts to 2030 (US$ Mn)
  - 9.1.7.1 Rest of Europe Formwork System Market Breakdown by Offering
  - 9.1.7.2 Rest of Europe Formwork System Market Breakdown by Material Used

10. Industry Landscape

10.1 Overview
10.2 Market Initiative
10.3 New Product Development
10.4 Merger and Acquisition

11. Company Profiles

11.1 Encofrados Alsina
- 11.1.1 Key Facts
- 11.1.2 Business Description
- 11.1.3 Products and Services
- 11.1.4 Financial Overview
- 11.1.5 SWOT Analysis
- 11.1.6 Key Developments
11.2 Brand Industrial Services Inc
- 11.2.1 Key Facts
- 11.2.2 Business Description
- 11.2.3 Products and Services
- 11.2.4 Financial Overview
- 11.2.5 SWOT Analysis
- 11.2.6 Key Developments
11.3 EFCO Corp
- 11.3.1 Key Facts
- 11.3.2 Business Description
- 11.3.3 Products and Services
- 11.3.4 Financial Overview
- 11.3.5 SWOT Analysis
- 11.3.6 Key Developments
11.4 FORSA SA.
- 11.4.1 Key Facts
- 11.4.2 Business Description
- 11.4.3 Products and Services
- 11.4.4 Financial Overview
- 11.4.5 SWOT Analysis
- 11.4.6 Key Developments
11.5 MEVA Schalungs-Systeme GmbH
- 11.5.1 Key Facts
- 11.5.2 Business Description
- 11.5.3 Products and Services
- 11.5.4 Financial Overview
- 11.5.5 SWOT Analysis
- 11.5.6 Key Developments
11.6 PASCHAL-Werk G. Maier GmbH
- 11.6.1 Key Facts
- 11.6.2 Business Description
- 11.6.3 Products and Services
- 11.6.4 Financial Overview
- 11.6.5 SWOT Analysis
- 11.6.6 Key Developments
11.7 PERI GmbH
- 11.7.1 Key Facts
- 11.7.2 Business Description
- 11.7.3 Products and Services
- 11.7.4 Financial Overview
- 11.7.5 SWOT Analysis
- 11.7.6 Key Developments
11.8 Doka GmbH
- 11.8.1 Key Facts
- 11.8.2 Business Description
- 11.8.3 Products and Services
- 11.8.4 Financial Overview
- 11.8.5 SWOT Analysis
- 11.8.6 Key Developments

12. Appendix

12.1 About The Insight Partners
12.2 Word Index