Revenue is forecast to contract at a compound annual rate of 2.1% over the five years through 2022-23 to £3.6 billion. Scaffolding contractors faced challenges during the pandemic as construction activity dipped 14.9% in 2020 according to the ONS, due to lockdown restrictions. However, as the industry recovers, initiatives to increase the number of homes being built drive residential construction. Despite renewed house price growth, the cost-of-living crisis and inflation have decreased spending on home improvements, resulting in reduced demand for scaffolding services.Unstable scaffolding: Industry revenue growth is expected to slow in 2023-24 due to rising inflation
This industry covers firms that erect, monitor and dismantle scaffolds and work platforms. It also includes the supply of rented scaffolding systems erected by these firms. Temporary roofing installation services are excluded from this industry.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
ABOUT THIS INDUSTRY- Industry Definition
- Main Activities
- Similar Industries
- Additional Resources
INDUSTRY PERFORMANCE
- Executive Summary
- Key External Drivers
- Current Performance
- Industry Outlook
- Industry Life Cycle
- Supply Chain
- Products & Services
- Major Markets
- Globalisation & Trade
- Business Locations
- Market Share Concentration
- Key Success Factors
- Cost Structure Benchmarks
- Barriers to Entry
OPERATING CONDITIONS
- Capital Intensity
- Industry Data
- Annual Change
- Key Ratios
Methodology
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