Global Wooden Formwork Systems Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Wooden Formwork Systems Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Slide Type (China Fir, Timber, Pine Wood, and Plywood), Application (Buildings, Transportation, and Industrial Facilities), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Wooden Formwork Systems Market was valued at USD 6,584.2 million in 2023 and is expected to reach USD 10,415.3 million by 2031 while growing at a CAGR of 5.9% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global Wooden formwork systems market growth. A traditional and commonly used formwork system involves using wooden materials to construct temporary molds or frameworks for pouring concrete, providing support to structures during construction until the concrete achieves sufficient strength to bear its own weight and additional loads.
The growth of the wooden formwork system market is propelled by a strong focus on sustainable and environmentally friendly construction practices, along with the ease of handling and installation. Despite these positive drivers, challenges such as durability, longevity, and fire resistance pose potential obstacles to the market's expansion.
Furthermore, the global Wooden formwork systems industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Slide Type Analysis
The Global Wooden Formwork Systems Market is segmented among China Fir, Timber, Pine Wood, and Plywood, based on Slide Type. In 2023, Pine Wood accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By Application Analysis
The Global Wooden Formwork Systems Market is segmented among Buildings, Transportation, and Industrial Facilities, based on Application. In 2023, Buildings accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Wooden Formwork Systems Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, Asia Pacific dominated the market with the highest market share, while Europe is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are Doka, PERI, ULMA, Acrow, The Heico Companies LLC, Outinord, MFE Formwork Technology Sdn.Bhd, Urtim Formwork and Scaffolding Systems, Waco International, and MEVA Systems Inc.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Wooden Formwork Systems Market Dynamics
Drivers
Restraints
Opportunity
4. Global Wooden Formwork Systems Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Wooden Formwork Systems Market Segmentation, By Slide Type
Global Wooden Formwork Systems Market Share Analysis, By Slide Type
Global Wooden Formwork Systems Market Growth Analysis, By Slide Type
Global Wooden Formwork Systems Market Trends, By Slide Type
o China Fir
o Timber
o Pine Wood
o Plywood
6. Global Wooden Formwork Systems Market Segmentation, By Application
Global Wooden Formwork Systems Market Share Analysis, By Application
Global Wooden Formwork Systems Market Growth Analysis, By Application
Global Wooden Formwork Systems Market Trends, By Application
o Buildings
o Transportation
o Industrial Facilities
7. Global Wooden Formwork Systems Market Segmentation, By Region
Global Wooden Formwork Systems Market Share Analysis, By Region
Global Wooden Formwork Systems Market Growth Analysis, By Region
Global Wooden Formwork Systems Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
8. Competitive Landscape
Doka*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
PERI
ULMA
Acrow
The Heico Companies LLC
Outinord
MFE Formwork Technology Sdn.Bhd
Urtim Formwork and Scaffolding Systems
Waco International
MEVA Systems Inc
*Similar analysis will be provided for each company listed above.