Market Overview:
The global timber formwork 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. In addition, the growing awareness about energy-efficient construction methods is also propelling the growth of this market. The global timber formwork market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into pine wood formwork, China fir wood formwork, and mechanism formwork. The pine wood formwork segment is expected to dominate this market during the forecast period owing to its low cost and easy installation process as compared to other types of timber forms available in the market. On account of their high strength-to-weight ratio and dimensional stability properties; China fir wood forms are increasingly being used in transportation infrastructure projects such as bridges and flyovers across Asia Pacific region countries such as India, Thailand, Malaysia etc.
Product Definition:
Timber formwork is a type of formwork that is made out of timber. It is used to hold the concrete while it cures.
Pine Wood Formwork:
Pine wood formwork is a traditional method of timber frame construction. It's major advantage over other methods is that it can be used to build almost all species of trees, and the frames made from these logs are strong and rigid enough to support heavy loads. The method has been in use for centuries in Europe, especially in Scandinavian countries such as Norway and Sweden where pine trees grow naturally; hence the name pine wood formwork.
China Fir Wood Formwork:
China fir wood formwork and it's usage in timber formwork market is expected to witness significant growth over the forecast period. China fir wood is one of the premium quality softwood available in the world which has high demand from furniture industry. Fir wood finds its major application in interior design for residential & commercial spaces owing to its aesthetic appeal, durability, and versatility across a wide range of applications such as framing lumber, molding around doors & windows, paneling for ceilings & walls etc.
Application Insights:
The buildings application segment accounted for the largest revenue share of over 50% in 2017. The rising demand for residential and commercial structures across the globe is expected to be a key factor driving the product demand in this segment. China has become a major player in global timber formwork market owing to its large construction industry, which has been growing rapidly over past few years. This growth is attributed to low cost land & housing options, as well as easy access to advanced technologies such as mechanized carpentry and automated woodworking machines that can produce high quality products at lower costs.
The transportation application segment accounted for a significant share of 21% in 2017 due to increasing use of wooden forms for manufacturing railway sleepers & bridges among other structural components used in railways applications worldwide including handrails & balustrades among others.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 30% in terms of revenue and is likely to witness significant growth over the next eight years. This can be attributed to increasing infrastructure activities, coupled with rapid industrialization across emerging economies such as China, India, Indonesia, Vietnam among others.
China has witnessed exponential growth in commercial construction output since 2010s on account of supportive policies aimed at promoting domestic manufacturing output along with investments from state-owned enterprises (SOEs). SOEs are major shareholders in many Chinese construction companies that have access to government funding and other forms of subsidies & incentives from local governments. These trends are projected to positively influence regional product demand over the forecast period.
Europe was estimated as being worth USD X million in 2017 owing to high demand for timber formwork products used across several applications including residential buildings, transportation facilities among others; especially Germany.
Growth Factors:
- Increasing demand for construction and infrastructure projects across the globe
- Rapid urbanization and industrialization in emerging economies
- Growing awareness about the benefits of using timber formwork among construction professionals
- Technological advancements that have made timber formwork more efficient and user-friendly
- Rising demand for prefabricated buildings and modular structures
Scope Of The Report
Report Attributes
Report Details
Report Title
Timber Formwork Market Research Report
By Type
Pine Wood Formwork, China Fir Wood Formwork, Mechanism Formwork
By Application
Buildings, Transportation, Industrial Facilities, Others
By Companies
PERI, Doka, ULMA, Acrow, Intek, Hankon, Zulin, Waco International, Mesa Impala, Urtim, Lahyer, Outinord
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
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Timber Formwork Market Report Segments:
The global Timber Formwork market is segmented on the basis of:
Types
Pine Wood Formwork, China Fir Wood Formwork, Mechanism Formwork
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:
- PERI
- Doka
- ULMA
- Acrow
- Intek
- Hankon
- Zulin
- Waco International
- Mesa Impala
- Urtim
- Lahyer
- Outinord
Highlights of The Timber Formwork 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:
- Pine Wood Formwork
- China Fir Wood Formwork
- Mechanism Formwork
- 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 Timber Formwork 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.
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- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer 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?
Timber formwork is a type of construction framing that is made from large timbers that are sawn or cut to the required shape and then joined together with wooden pegs, dowels, or screws. The frame is then covered in a layer of plaster or other material and allowed to dry.
Some of the key players operating in the timber formwork market are PERI, Doka, ULMA, Acrow, Intek, Hankon, Zulin, Waco International, Mesa Impala, Urtim, Lahyer, Outinord.
The timber formwork market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Timber Formwork 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. Timber Formwork Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Timber Formwork Market - Supply Chain
4.5. Global Timber Formwork Market Forecast
4.5.1. Timber Formwork Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Timber Formwork Market Size (000 Units) and Y-o-Y Growth
4.5.3. Timber Formwork Market Absolute $ Opportunity
5. Global Timber Formwork 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. Timber Formwork Market Size and Volume Forecast by Type
5.3.1. Pine Wood Formwork
5.3.2. China Fir Wood Formwork
5.3.3. Mechanism Formwork
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Timber Formwork 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. Timber Formwork 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 Timber Formwork 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. Timber Formwork 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 Timber Formwork 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. Timber Formwork 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 Timber Formwork Demand Share Forecast, 2019-2029
9. North America Timber Formwork 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 Timber Formwork 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 Timber Formwork 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 Timber Formwork Market Size and Volume Forecast by Type
9.7.1. Pine Wood Formwork
9.7.2. China Fir Wood Formwork
9.7.3. Mechanism Formwork
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 Timber Formwork Demand Share Forecast, 2019-2029
10. Latin America Timber Formwork 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 Timber Formwork 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 Timber Formwork 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 Timber Formwork Market Size and Volume Forecast by Type
10.7.1. Pine Wood Formwork
10.7.2. China Fir Wood Formwork
10.7.3. Mechanism Formwork
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 Timber Formwork Demand Share Forecast, 2019-2029
11. Europe Timber Formwork 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 Timber Formwork 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 Timber Formwork 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 Timber Formwork Market Size and Volume Forecast by Type
11.7.1. Pine Wood Formwork
11.7.2. China Fir Wood Formwork
11.7.3. Mechanism Formwork
11.8. Basis Point Share (BPS) Analyss 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 Timber Formwork Demand Share, 2019-2029
12. Asia Pacific Timber Formwork 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 Timber Formwork 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 Timber Formwork 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 Timber Formwork Market Size and Volume Forecast by Type
12.7.1. Pine Wood Formwork
12.7.2. China Fir Wood Formwork
12.7.3. Mechanism Formwork
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 Timber Formwork Demand Share, 2019-2029
13. Middle East & Africa Timber Formwork 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 Timber Formwork 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 Timber Formwork 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 Timber Formwork Market Size and Volume Forecast by Type
13.7.1. Pine Wood Formwork
13.7.2. China Fir Wood Formwork
13.7.3. Mechanism Formwork
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 Timber Formwork Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Timber Formwork Market: Market Share Analysis
14.2. Timber Formwork Distributors and Customers
14.3. Timber Formwork Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. PERI
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Doka
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. ULMA
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Acrow
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Intek
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Hankon
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Zulin
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Waco International
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Mesa Impala
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Urtim
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Lahyer
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Outinord
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook