Market Overview:
The global formwork equipment market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for construction and infrastructure projects across the globe. Additionally, the growing awareness about energy-efficient and environment-friendly construction practices is also propelling the demand for formwork equipment globally. The global formwork equipment market can be segmented on the basis of type, application, and region. On the basis of type, the market can be divided into engineered formwork, traditional timber formworks, reusable plastic forms, and others (including metal forms and scaffoldings). The engineered formworks segment is expected to witness highest growth during 2018–2030 owing to its advantages such as durability, flexibility in design & usage, ease of installation & dismantling etc. On account of increasing applications in transportation sector (highways & bridges), industrial facilities (chemical plants & refineries), buildings sector etc.
Product Definition:
Formwork equipment is the term used for equipment that is used to create or support a form in which concrete, plaster or other material can be poured. This type of equipment can include molds, frames, braces and similar devices. The formwork equipment is important because it helps to create a sturdy surface on which the material can be poured.
Engineered Formwork:
Engineered formwork is a construction term used to express work that is done in the field of formwork. It includes equipment such as forms, formsaws, and other related tools. The main function of these machines/equipment is to help the concrete contractor by producing finished concrete products according to his/her requirements without any loss of time or cost.
Traditional Timber:
Traditional timber is the material used in formwork equipment. It includes all types of trees, i.e., decayed, living or dead wood and bark; which are available in various forms including clear timbers, turves and lignite. The raw materials are processed into sizes suitable for use as a building material or furniture by local carpenters and joiners who have knowledge about its usage as a construction material.
Application Insights:
The buildings application segment accounted for the largest revenue share of over 30% in 2017. The demand for steel structures is witnessing a rise due to an increase in industrialization and construction activities in developing countries. In addition, the rising need for renovation activities will drive the market growth over the forecast period.
Formwork equipment is used to fabricate various parts including channels, arches, domes & cupolas and other shapes according to customer requirements. Channel formwork is one of the important types used while building structure fabrication as it provides strength and rigidity required while carrying out structural operations on building sites such as concrete work or walling etcetera.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid growth in construction activities, owing to increasing demand for residential housing, commercial spaces, and infrastructure development. This factor is projected to propel the product demand further.
Europe accounted for a significant share of global revenue in 2017 owing to high investments made by governments towards infrastructural developments such as roads and railways across various countries including Germany, Italy, France among others are anticipated to boost formwork equipment requirements over the forecast period.
Growth Factors:
- Increasing demand for construction and infrastructure projects across the globe
- Growing awareness about the benefits of using formwork equipment in construction projects
- Rising adoption of automated formwork systems in construction projects
- Proliferation of prefabricated construction methods in the global market
- Growing investments by key players in research and development activities to develop innovative formwork equipment
Scope Of The Report
Report Attributes
Report Details
Report Title
Formwork Equipment Market Research Report
By Type
Engineered Formwork, Traditional Timber, Re-usable Plastic, Others
By Application
Buildings, Transportation, Industrial facilities, Others
By Companies
BEIS, PERI, Doka, ULMA, Acrowmisr, PASCHAL, Strabag, Acrow, NOE, RMD Kwikform, Alsina, Intek, Zulin, Hankon, Faresin, Waco International, Taihang, MFE, Interfirm, Mascon, GCS, Mesa Impala, MEVA, Condor, Pilosio, Urtim, Lahyer, Alpi SEA, Wall-Ties & Forms, Xingang Group
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Formwork Equipment Market Report Segments:
The global Formwork Equipment market is segmented on the basis of:
Types
Engineered Formwork, Traditional Timber, Re-usable Plastic, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Buildings, Transportation, Industrial facilities, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BEIS
- PERI
- Doka
- ULMA
- Acrowmisr
- PASCHAL
- Strabag
- Acrow
- NOE
- RMD Kwikform
- Alsina
- Intek
- Zulin
- Hankon
- Faresin
- Waco International
- Taihang
- MFE
- Interfirm
- Mascon
- GCS
- Mesa Impala
- MEVA
- Condor
- Pilosio
- Urtim
- Lahyer
- Alpi SEA
- Wall-Ties & Forms
- Xingang Group
Highlights of The Formwork Equipment Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Engineered Formwork
- Traditional Timber
- Re-usable Plastic
- Others
- By Application:
- Buildings
- Transportation
- Industrial facilities
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Formwork Equipment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Formwork equipment is a machine that helps to create the shape of a structure, such as a wall or roof. It uses large pieces of metal or plastic to create the desired shape, and then attaches the structure to it using screws or nails.
Some of the key players operating in the formwork equipment market are BEIS, PERI, Doka, ULMA, Acrowmisr, PASCHAL, Strabag, Acrow, NOE, RMD Kwikform, Alsina, Intek, Zulin, Hankon, Faresin, Waco International, Taihang, MFE, Interfirm, Mascon, GCS, Mesa Impala, MEVA, Condor, Pilosio, Urtim, Lahyer, Alpi SEA, Wall-Ties & Forms, Xingang Group.
The formwork equipment market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Formwork Equipment Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Formwork Equipment Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Formwork Equipment Market - Supply Chain
4.5. Global Formwork Equipment Market Forecast
4.5.1. Formwork Equipment Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Formwork Equipment Market Size (000 Units) and Y-o-Y Growth
4.5.3. Formwork Equipment Market Absolute $ Opportunity
5. Global Formwork Equipment Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Formwork Equipment Market Size and Volume Forecast by Type
5.3.1. Engineered Formwork
5.3.2. Traditional Timber
5.3.3. Re-usable Plastic
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Formwork Equipment Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Formwork Equipment Market Size and Volume Forecast by Application
6.3.1. Buildings
6.3.2. Transportation
6.3.3. Industrial facilities
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Formwork Equipment Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Formwork Equipment Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Formwork Equipment Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Formwork Equipment Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Formwork Equipment Demand Share Forecast, 2019-2026
9. North America Formwork Equipment Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Formwork Equipment Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Formwork Equipment Market Size and Volume Forecast by Application
9.4.1. Buildings
9.4.2. Transportation
9.4.3. Industrial facilities
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Formwork Equipment Market Size and Volume Forecast by Type
9.7.1. Engineered Formwork
9.7.2. Traditional Timber
9.7.3. Re-usable Plastic
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Formwork Equipment Demand Share Forecast, 2019-2026
10. Latin America Formwork Equipment Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Formwork Equipment Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Formwork Equipment Market Size and Volume Forecast by Application
10.4.1. Buildings
10.4.2. Transportation
10.4.3. Industrial facilities
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Formwork Equipment Market Size and Volume Forecast by Type
10.7.1. Engineered Formwork
10.7.2. Traditional Timber
10.7.3. Re-usable Plastic
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Formwork Equipment Demand Share Forecast, 2019-2026
11. Europe Formwork Equipment Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Formwork Equipment Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Formwork Equipment Market Size and Volume Forecast by Application
11.4.1. Buildings
11.4.2. Transportation
11.4.3. Industrial facilities
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Formwork Equipment Market Size and Volume Forecast by Type
11.7.1. Engineered Formwork
11.7.2. Traditional Timber
11.7.3. Re-usable Plastic
1.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Formwork Equipment Demand Share, 2019-2026
12. Asia Pacific Formwork Equipment Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Formwork Equipment Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Formwork Equipment Market Size and Volume Forecast by Application
12.4.1. Buildings
12.4.2. Transportation
12.4.3. Industrial facilities
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Formwork Equipment Market Size and Volume Forecast by Type
12.7.1. Engineered Formwork
12.7.2. Traditional Timber
12.7.3. Re-usable Plastic
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Formwork Equipment Demand Share, 2019-2026
13. Middle East & Africa Formwork Equipment Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Formwork Equipment Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Formwork Equipment Market Size and Volume Forecast by Application
13.4.1. Buildings
13.4.2. Transportation
13.4.3. Industrial facilities
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Formwork Equipment Market Size and Volume Forecast by Type
13.7.1. Engineered Formwork
13.7.2. Traditional Timber
13.7.3. Re-usable Plastic
13.7.4. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Formwork Equipment Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Formwork Equipment Market: Market Share Analysis
14.2. Formwork Equipment Distributors and Customers
14.3. Formwork Equipment Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. BEIS
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. PERI
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Doka
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. ULMA
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Acrowmisr
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. PASCHAL
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Strabag
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Acrow
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. NOE
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. RMD Kwikform
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Alsina
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Intek
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Zulin
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Hankon
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Faresin
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Waco International
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Taihang
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. MFE
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Interfirm
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Mascon
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
