Forecast: Import of Equipment for Scaffolding, Shuttering, Propping or Pitpropping of Iron or Steel to the US

The import values for scaffolding, shuttering, propping, or pitpropping equipment in the US have been projected to increase steadily from $650.9 million in 2024 to $736.24 million in 2028. This indicates consistent growth in this sector over five years.

Year-on-year, import values are expected to grow at rates of approximately 3.4% from 2024 to 2025, 3.2% from 2025 to 2026, 3% from 2026 to 2027, and 2.9% from 2027 to 2028. The compound annual growth rate (CAGR) over this period stands at an estimated 3.1%.

In 2023, the imports were at $630 million, illustrating a solid growth trajectory leading into the forecast period.

Trends to watch for in the future include:

  • Impact of construction industry growth on import demand.
  • Potential effect of US manufacturing and supply chain shifts on import requirements.
  • Technological advancements in equipment efficiency and safety driving market needs.
  • Regulatory changes influencing import practices and standards.

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