In 2024, Germany, Poland, and Spain lead the European market for iron or steel equipment for scaffolding, shuttering, propping, and pit-propping. Germany holds a 16.66% share, followed closely by Poland at 16.03%, and Spain at 14.27%. Over the past year, Spain showed a significant growth of 27.69%, while Germany experienced a modest increase of 0.12%. Meanwhile, Austria and Hungary faced slight declines, recording decreases of 0.062% and 1.79%, respectively. Emerging markets such as Bosnia and Herzegovina grew by 11.43%, and Finland at 21.41%, reflecting promising shifts in regional production dynamics.
Future trends to watch include:
- The growth potential in Southern and Eastern Europe, given Spain and Bosnia's recent performance.
- Continued investments in modernizing production capabilities across key markets to enhance competitive advantage.
- Monitoring the impact of economic policies and infrastructure spending, which may influence demand and production in the sector.
Top countries in Sold Production of Iron or Steel Equipment for Scaffolding, Shuttering, Propping and Pit-Propping Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 16.66 | 2023 | +8.26% | +0.12% | View data |
| 2 | 2 Poland | 16.03 | 2023 | +2.17% | +1.61% | View data |
| 3 | 3 Spain | 14.27 | 2023 | +6.11% | +27.69% | View data |
| 4 | 4 Italy | 11.86 | 2023 | -2.24% | +5.39% | View data |
| 5 | 5 Austria | 9.75 | 2023 | +0.13% | -0.062% | View data |
| 6 | 6 France | 8.58 | 2023 | +9.4% | +2.02% | View data |
| 7 | 7 Belgium | 4.48 | 2023 | +5.25% | +4.74% | View data |
| 8 | 8 Portugal | 1.64 | 2023 | +3.89% | +1.57% | View data |
| 9 | 9 Bulgaria | 1.57 | 2023 | +4.11% | +4.3% | View data |
| 10 | 10 Hungary | 1.35 | 2023 | -2.75% | -1.79% | View data |
