Global Concrete Formwork System Market Growth 2025-2031

The global Concrete Formwork System market size is predicted to grow from US$ 1034 million in 2025 to US$ 1837 million in 2031; it is expected to grow at a CAGR of 10.1% from 2025 to 2031.

The concrete formwork system market is expected to witness significant growth in the coming years, driven by the increasing demand for residential and commercial construction projects worldwide. The major sales regions for concrete formwork systems include North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.North America and Europe are the leading markets for concrete formwork systems, owing to the presence of well-established construction industries and the adoption of advanced construction techniques. The market in Asia Pacific is also expected to witness substantial growth, primarily due to rapid urbanization and infrastructure development in countries like China and India.Market concentration in the concrete formwork system industry is relatively high, with a few major players dominating the market. These companies have a strong presence globally and offer a wide range of formwork solutions to cater to the diverse needs of the construction industry.The market offers several opportunities for growth, such as the increasing adoption of modular formwork systems, which offer faster construction and cost savings. Additionally, the growing trend of sustainable construction practices is driving the demand for reusable and recyclable formwork systems.However, the concrete formwork system market also faces certain challenges. One of the key challenges is the high initial cost associated with formwork systems, which can deter small and medium-sized contractors from adopting these solutions. Moreover, the availability of skilled labor for formwork installation and dismantling can also pose a challenge in some regions.

LP Information, Inc. (LPI) ' newest research report, the “Concrete Formwork System Industry Forecast” looks at past sales and reviews total world Concrete Formwork System sales in 2024, providing a comprehensive analysis by region and market sector of projected Concrete Formwork System sales for 2025 through 2031. With Concrete Formwork System sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Concrete Formwork System industry.

This Insight Report provides a comprehensive analysis of the global Concrete Formwork System landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Concrete Formwork System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Concrete Formwork System market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Concrete Formwork System and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Concrete Formwork System.

This report presents a comprehensive overview, market shares, and growth opportunities of Concrete Formwork System market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Metal Material
Plastic Material
Wood Material
Other

Segmentation by Application:
Residential Construction
Commercial Construction
Industrial Construction
Infrastructure Projects
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
TITAN
PERI
Geoplast
Faresin Formwork
Plasmacem
Bioisotherm
Condor Formwork
Legnotre
Doka
EFCO
Form Tech
Afinitas
K-Form
LiteForm
Concrete Support
NOE-Schaltechnik
AFS
SBA
MEVA
Tecon-Form
Wall-Ties & Forms
Sonotube

Key Questions Addressed in this Report

What is the 10-year outlook for the global Concrete Formwork System market?

What factors are driving Concrete Formwork System market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Concrete Formwork System market opportunities vary by end market size?

How does Concrete Formwork System break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.