In 2023, Germany led the European market in the production value of iron or steel equipment for scaffolding, shuttering, propping, and pit-propping at 559.86 million euros, followed closely by Poland with 538.56 million euros. Notable year-on-year increases were observed in Spain (27.69%) and Greece (10.44%), while Hungary and the United Kingdom saw declines. Over the last five years, Finland showed significant growth with a CAGR of over 20%, while Austria and Hungary underperformed.
Looking ahead, the market is poised for growth particularly in Eastern European countries like Poland and Bulgaria, driven by infrastructure development. The overall trend suggests an increased demand for lightweight and sustainable materials, and innovations aimed at enhancing the durability and efficiency of scaffolding systems will likely shape the market landscape in Europe.
Top countries in Sold Production of Iron or Steel Equipment for Scaffolding, Shuttering, Propping and Pit-Propping by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 559,860,000 | 2023 | +8.26% | +0.12% | View data |
| 2 | 2 Poland | 538,560,000 | 2023 | +2.17% | +1.61% | View data |
| 3 | 3 Spain | 479,330,000 | 2023 | +6.11% | +27.69% | View data |
| 4 | 4 Italy | 398,550,000 | 2023 | -2.24% | +5.39% | View data |
| 5 | 5 Austria | 327,560,000 | 2023 | +0.13% | -0.062% | View data |
| 6 | 6 France | 288,350,000 | 2023 | +9.4% | +2.02% | View data |
| 7 | 7 Belgium | 150,480,000 | 2023 | +5.25% | +4.74% | View data |
| 8 | 8 Portugal | 55,043,000 | 2023 | +3.89% | +1.57% | View data |
| 9 | 9 Bulgaria | 52,696,000 | 2023 | +4.11% | +4.3% | View data |
| 10 | 10 Hungary | 45,387,000 | 2023 | -2.75% | -1.79% | View data |
