Sky's the limit: The value of construction is forecast to improve at a faster rate than the overall economy

The massive collapse of construction markets left the Scaffolding Contractors industry at its lowest point in recent history. With the recovery of these markets, however, demand for industry services underwent a resurgence. The value of construction is forecast to improve at a faster rate than the overall economy. The improving economy will foster growth in construction, as developers gain easier access to credit, corporations have the cash to fund new buildings and retailers have the need to construct additional stores. Nonetheless, overall recovery in downstream construction markets will help the industry accelerate growth during the next five-year period. The industry's revenue is forecast to expand over the five years to 2022...purchase to read more.

Industry Statistics & Market Size
Revenue
$4bn
Annual Growth 12-17
4.2%
Forecast Growth 17-22
Profit
Employment
37,302
Businesses
26,898
Market Share of Companies

Industry Threats & Opportunities

  • Value of construction is forecast to improve at a faster rate than the overall economy
  • Although the industry is expected to grow, certain threats continue to loom
  • Government-funded infrastructure projects will record moderate to strong growth
  • Industry Report - Industry Analysis Chapter

    Over the past five years, construction activity, particularly residential and commercial construction, has returned to strong growth. This has greatly aided the Scaffolding Contractors industry. Contractors in this industry are hired to install scaffolding during new construction, repair and maintenance of buildings and structures across many markets. While this widespread demand has historically benefited the industry by mitigating declines within specific sectors, investment across key building markets was tepid during the early recovery. Since then, pent-up demand from backlogged projects has led to more robust growth. Thus, industry revenue is expected to increase at an annualized rate of 4.2% to $4.1 billion over the five years to 2017...purchase to read more.

    Additional Insights for the Scaffolding Contractors Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Scaffolding Contractors Industry are

  • Ability to expand and curtail operations rapidly in line with market demand
  • Having contracts within key markets
  • Having a good reputation
  • IBISWorld analysts also discuss how external factors such as Value of private nonresidential construction and Value of residential construction in the Scaffolding Contractors industry impact industry performance..

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    What's in this report

    What is the Scaffolding Contractors Industry?

    This industry leases, erects and dismantles scaffolding equipment. Scaffolding equipment can be used during construction, painting, exterior remodeling and other construction-related activities that require workers to operate above ground level.

    Industry Products
  • Scaffolding systems
  • Shoring systems
  • Temporary hoisting systems
  • Protection systems
  • Industry Activities
  • Scaffolding installation and erection
  • Shoring installation
  • Hoisting system installation
  • Scaffolding dismantling
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Value of private nonresidential construction
  • Value of residential construction
  • Demand from bridge and elevated highway construction
  • Value of utilities construction
  • Yield on 10-year Treasury note

  • Current Performance
  • Residential construction recovers
  • Nonresidential market also recovers
  • Industry structure
  • Industry trends
  • Chart: Revenue Growth

  • Industry Outlook
  • Nonresidential markets drive growth
  • Residential markets begin to slow
  • Table: Scaffolding Contractors Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Scaffolding Contractors Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Home Builders
  • Apartment & Condominium Construction
  • Industrial Building Construction
  • Commercial Building Construction
  • Municipal Building Construction

  • Key Selling Industries
  • Construction & Mining Equipment Wholesaling
  • Iron & Steel Manufacturing
  • Sheet Metal, Window & Door Manufacturing

  • Products & Services
  • Scaffolding systems
  • Shoring systems
  • Temporary hoisting systems
  • Protection systems
  • Other
  • Chart: Scaffolding Contractors Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Commercial construction and maintenance
  • Residential construction and maintenance
  • Infrastructure and municipal construction and maintenance
  • Other
  • Industrial construction and maintenance
  • Chart: Major Market Segmentation for the Scaffolding Contractors Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitWagesPurchases and other inputsOther
  • Chart: Cost Structure Benchmarking – Sector vs Scaffolding Contractors

  • Basis of Competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Scaffolding Contractors Industry

  • Industry Globalization
    Brand Industrial Services Inc., The Brock Group,
  • Table: Brand Industrial Services Inc. - financial performance
  • Table: The Brock Group - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Scaffolding Contractors Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Scaffolding Contractors Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Total Value of Construction (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Hoisting
  • A system used to raise and lower materials and workers during construction of elevated buildings and structures.
  • Scaffold
  • A temporary platform that supports workers and materials during the erection or repair of a building or other construction.
  • Shoring
  • Metal beams typically propped against a structure to provide support.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Scaffolding Contractors Industry Research Report contains up-to-date data and analysis, allowing you to identify the strengths and potential weaknesses of major companies in the industry. Build your credibility with clients and prospects by sharing insights into the current and emerging trends driving their industry. Our market research gives you the tools to win new business and keep existing clients.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Scaffolding Contractors:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Scaffolding Contractors market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Scaffolding Contractors, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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