Market News Today Scaffolding and Accessories Market | Page 2

Industry is attaining a huge recognition across various sectors owing to burgeoning demands and
prerequisites. It is significant that the Scaffolding and Accessories market is budding at a higher CAGR.
The prime causes for the positive market growth may encompass robust industrialization,
urbanization, rising consumer preference for sophisticated features, emergence of technologically
sophisticated accessories, rising construction and building activities, and rise in the investments by
the leading manufacturers.
Additionally, the manufacturers are also siding with various strategies such as partnerships,
acquisitions, and joint ventures that are ultimately contributing in the inorganic growth of the
Scaffolding and Accessories market. On account of all the above factors, it is estimated that the
market will register a healthy CAGR in the upcoming period.
Scaffolding and Accessories Industry can be split up by product type, application, and geography. The
Industry is segregated by product type as Facade Access Scaffolding and Accessories, Tower
Scaffolding and Accessories, and others. This market is divided by application as Residential Building,
Industrial Building, Commercial Buildings, and others. Scaffolding and Accessories Industry is
fragmented by geography as North America, Europe, China, Japan, Southeast Asia, and India.
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Geographically, North America is currently dominating the Scaffolding and Accessories market and it
is at the same time accounting for the largest share in the market owing to existence of leading
manufacturers, rising applications across various sectors, rise in the prerequisites, and mounting
awareness levels among the end users regarding the efficiency of the accessories.
On the other hand, Europe is also displaying a major growth in the Scaffolding and Accessories market
due to robust growth in the market opportunities. The key players operating in the robust
development of the Scaffolding and Accessories Industry are identified as PERI Group, Rizhao
Fenghua, ADTO GROUP, Entrepose Echafaudages, KHK Scaffolding, Layher, Safway, Tangshan
Gangfeng, ULMA Group, Unispan, Waco Kwikform, Youying Group, Harsco, ITSEN, Instant Upright,
Beijing Kangde, and MJ-Gerüst.