Global Concrete Formwork Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Concrete Formwork Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Concrete Formwork is a mold which is shaped by concrete. It can be used in the construction industry.

Market Overview:

The latest research study on the global Concrete Formwork market finds that the global Concrete Formwork market reached a value of USD 11026.4 million in 2022. It’s expected that the market will achieve USD 13394.91 million by 2028, exhibiting a CAGR of 3.3% during the forecast period.

Increased Demand in Emerging Markets

With the development of the economy and the increase in population, the markets of buildings and transportation industries are booming, the demand for the market has increased, which has promoted the development of concrete formwork.

US-China trade war

The growing conflict between the United States and China, the two largest economies on the planet, has become the greatest threat to global wealth. Trade growth is a key force driving global economic growth. However, the first major economy launched a trade war and a scientific and technological blockade against the second largest economy, leaving the world economy, which was originally in a difficult recovery, to face a crisis of recession.

Price Variance Caused by Fluctuations in Raw Material Prices

Raw Material Prices will be in a fluctuation state, especially for some developed area, some regulations restraint the Timber, Aluminum and Steel industry, directly influenced the product price.

Region Overview:

Europe is projected to account for a considerable share of the Concrete Formwork market and is expected to become the largest region by 2028.

Company Overview:

PERI Group is one of the major players operating in the Concrete Formwork market, holding a share of 13.62% in 2023.

PERI Group

PERI GmbH manufactures and supplies formwork and scaffolding systems. The Company offers girders, walls, columns, slabs, and tunnels formwork, as well as provides climbing systems, protection scaffold, and other related accessories.

BrandSafway

BrandSafway was formed when Brand Energy and Infrastructure Services (BEIS) and Safway Group (Safway) merged in 2017. BrandSafway provides a broad range of services and products to the industrial, commercial and infrastructure markets worldwide. A portfolio company of Clayton, Dubilier & Rice, BrandSafway offers work access, scaffolding, insulation, coatings, specialty industrial services.

Segmentation Overview:

Among different product types, Formwork segment is anticipated to contribute the largest market share in 2028.

Application Overview:

The market's largest segment by application is the segment Buildings, with a market share of 58.31% in 2022.

Key Companies in the global Concrete Formwork market covered in Chapter 3:

German Formwork Technology
Form Tech
Acrow Formwork Technology
MFE Formwork
PERI Group
Langfang Wukesong
VSL International
Kumkang Kind
Guang Ya Aluminium
Shandong Xingang Group
Metsa Wood
ULMA Construction
GETO
RMD Kwikform
Doka Group
BrandSafway
MEVA
Liando
EFCO
K-Form

In Chapter 4 and Chapter 14.2, on the basis of types, the Concrete Formwork market from 2018 to 2029 is primarily split into:

Formwork
Scaffolding

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Concrete Formwork market from 2018 to 2029 covers:

Buildings
Transportation
Industrial Facilities
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)