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South America Formwork System Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Offering (Solutions and Service) and Material Used (Wood, Metal, and Others)

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    Report

  • 91 Pages
  • July 2021
  • The Insight Partners
  • ID: 5416151
UP TO OFF until Mar 31st 2024
Metal Segment is Expected to be Fastest Growing During the forecast Period for SAM Region.

According to a new market research study on “SAM Formwork System Market to 2028 - COVID-19 Impact and Regional Analysis and Forecast by Offering and Material Used” is expected to reach US$ 143.82 million by 2028 from US$ 2124.16 million in 2021. The market is estimated to grow at a CAGR of 2.1% from 2021 to 2028. The report provides trends prevailing in the SAM formwork system market along with the drivers and restraints pertaining to the market growth. Number of infrastructure projects are expanding, and this is the major factor driving the growth of the SAM formwork system market. However, issues associated with less construction activities in emerging nations, hinders the growth of SAM formwork system market.

The SAM formwork system market is segmented into offering and material used. Based on offering, the SAM formwork system market is segmented into solutions, services. The solutions segment held the largest market share in 2020. Based on material used, the SAM formwork system market is segmented into wood, metal, others. The wood formwork segment dominated the market in 2020.

Brazil has the highest number of COVID-19 cases, followed by Peru, Chile, and Argentina, among others. The government of South America has taken an array of actions to protect their citizens and contain COVID-19’s spread. The containment protocols have been implemented for the construction sector to ensure the safety of construction workers. However, some of the new protocols and restrictions require construction to continue only if the project is considered critical. For instance, in Chile, CODELCO stopped all projects and started reviewing all construction contracts individually to identify the next steps to follow. The coronavirus spread has resulted in the slowdown of the construction industry in the region, which has negatively affected the growth of formwork system in the region.

Brand Industrial Services, Inc.; Doka GmbH; EFCO Corp; Encofrados Alsina; FORSA SA.; MEVA Schalungs-Systeme GmbH; MFE Formwork Technology Sdn Bhd; and PERI GmbH; are among the leading companies in the SAM formwork system market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, Brand Industrial Services, Inc acquired Big City Access.

The report segments the SAM Formwork System Market follows:

SAM Formwork System Market - By Offering

  • Solutions
  • Service

SAM Formwork System Market - By Material Used

  • Wood
  • Metal
  • Others

SAM Formwork System Market - By Country

  • Brazil
  • Argentina
  • Rest of SAM

Reasons to buy:

  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the SAM formwork system market
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the SAM formwork system market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth SAM market trends and outlook coupled with the factors driving the formwork system market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
Frequently Asked Questions about the South American Formwork System Market

What is the estimated value of the South American Formwork System Market?

The South American Formwork System Market was estimated to be valued at $124.16 Million in 2021.

What is the growth rate of the South American Formwork System Market?

The growth rate of the South American Formwork System Market is 2.1%, with an estimated value of $143.82 Million by 2028.

What is the forecasted size of the South American Formwork System Market?

The South American Formwork System Market is estimated to be worth $143.82 Million by 2028.

Who are the key companies in the South American Formwork System Market?

Key companies in the South American Formwork System Market include Brand Industrial Services, Inc., Doka GmbH, EFCO Corp, Encofrados Alsina, FORSA SA., MEVA Schalungs, Systeme GmbH, MFE Formwork Technology Sdn Bhd and PERI GmbH.

Table of Contents

1. Introduction
1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. SAM Formwork System Market Landscape
4.1 Market Overview
4.2 SAM PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. SAM Formwork System Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Number of Infrastructure Projects Is Expanding
5.1.2 Wood Formwork's Scope Broadens Across SAM
5.2 Market Restraints
5.2.1 Emerging Nations Witnessing Less Construction Activities
5.3 Market Opportunities
5.3.1 Surge in Construction Sector
5.4 Future Trends
5.4.1 Emergence of New Formwork Technologies
5.5 Impact Analysis of Drivers and Restraints
6. Formwork System Market - SAM Analysis
6.1 SAM Formwork System Market Overview
6.2 SAM Formwork System Market Revenue Forecast and Analysis
7. SAM Formwork System Market - By Offering
7.1 Overview
7.2 SAM Formwork System Market, by Offering (2020 and 2028)
7.3 Solutions
7.3.1 Overview
7.3.2 Solutions: Formwork System Market - Revenue and Forecast to 2028 (US$ Million)
7.4 Service
7.4.1 Overview
7.4.2 Service: Formwork System Market - Revenue and Forecast to 2028 (US$ Million)
8. SAM Formwork System Market - By Material Used
8.1 Overview
8.2 SAM Formwork System Market, by Material Used (2020 and 2028)
8.3 Wood
8.3.1 Overview
8.3.2 Wood: Formwork System Market - Revenue and Forecast to 2028 (US$ Million)
8.4 Metal
8.4.1 Overview
8.4.2 Metal: Formwork System Market - Revenue and Forecast to 2028 (US$ Million)
8.5 Others
8.5.1 Overview
8.5.2 Others: Formwork System Market - Revenue and Forecast to 2028 (US$ Million)
9. SAM Formwork System Market - Country Analysis
9.1 Overview
9.1.1 SAM: Formwork System Market - by Key Country
9.1.1.1 Brazil: Formwork System Market - Revenue and Forecast to 2028 (US$ Million)
9.1.1.1.1 Brazil: Formwork System Market - by Offering
9.1.1.1.2 Brazil: Formwork System Market - By Material Used
9.1.1.2 Argentina: Formwork System Market - Revenue and Forecast to 2028 (US$ Million)
9.1.1.2.1 Argentina: Formwork System Market - by Offering
9.1.1.2.2 Argentina: Formwork System Market - By Material Used
9.1.1.3 Rest of SAM: Formwork System Market - Revenue and Forecast to 2028 (US$ Million)
9.1.1.3.1 Rest of SAM: Formwork System Market - by Offering
9.1.1.3.2 Rest of SAM: Formwork System Market - By Material Used
10. SAM Formwork System Market - COVID-19 Impact Analysis
10.1 SAM
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
12. Company Profiles
12.1 Encofrados Alsina
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Brand Industrial Services, Inc.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Doka GmbH
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 EFCO Corp
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 FORSA SA.
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 MEVA Schalungs-Systeme GmbH
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 MFE Formwork Technology Sdn Bhd
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 PERI GmbH
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
13. Appendix
13.1 About
13.2 Word Index
List of Tables
Table 1. SAM Formwork System Market Revenue and Forecast to 2028 (US$ Million)
Table 2. SAM: Formwork System Market - By Key Country - Revenue and Forecast to 2028 (US$ Million)
Table 3. Brazil: Formwork System Market - by Offering - Revenue and Forecast to 2028 (US$ Million)
Table 4. Brazil: Formwork System Market - By Material Used - Revenue and Forecast to 2028 (US$ Million)
Table 5. Argentina: Formwork System Market - by Offering - Revenue and Forecast to 2028 (US$ Million)
Table 6. Argentina: Formwork System Market - By Material Used - Revenue and Forecast to 2028 (US$ Million)
Table 7. Rest of SAM: Formwork System Market - by Offering-Revenue and Forecast to 2028 (US$ Million)
Table 8. Rest of SAM: Formwork System Market - By Material Used - Revenue and Forecast to 2028 (US$ Million)
Table 9. List of Abbreviation
List of Figures
Figure 1. SAM Formwork System Market Segmentation
Figure 2. SAM Formwork System Market Segmentation - By Country
Figure 3. SAM Formwork System Market Overview
Figure 4. SAM Formwork System Market, by Offering
Figure 5. SAM Formwork System Market, by Material Used
Figure 6. SAM Formwork System Market, By Country
Figure 7. SAM PEST Analysis
Figure 1. SAM Formwork System Market - Ecosystem Analysis
Figure 2. SAM Formwork System Market: Impact Analysis of Drivers and Restraints
Figure 3. SAM Formwork System Market Revenue Forecast and Analysis (US$ Million)
Figure 4. SAM Formwork System Market Revenue Share, by Offering (2020 and 2028)
Figure 5. SAM Solutions: Formwork System Market - Revenue and Forecast to 2028 (US$ Million)
Figure 6. SAM Service: Formwork System Market - Revenue and Forecast to 2028 (US$ Million)
Figure 7. SAM Formwork System Market Revenue Share, by Material Used (2020 and 2028)
Figure 8. SAM Wood: Formwork System Market - Revenue and Forecast to 2028 (US$ Million)
Figure 9. SAM Metal: Formwork System Market - Revenue and Forecast to 2028 (US$ Million)
Figure 10. SAM Others: Formwork System Market - Revenue and Forecast to 2028 (US$ Million)
Figure 11. SAM: Formwork System Market - Revenue and Forecast to 2028 (US$ Million)
Figure 12. SAM: Formwork System Market Revenue Share, By Key Country (2020 and 2028)
Figure 13. Brazil: Formwork System Market - Revenue and Forecast to 2028 (US$ Million)
Figure 14. Argentina: Formwork System Market - Revenue and Forecast to 2028 (US$ Million)
Figure 15. Rest of SAM: Formwork System Market - Revenue and Forecast to 2028 (US$ Million)
Figure 16. Impact of COVID-19 Pandemic in SAM Country Markets

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Brand Industrial Services, Inc.
  • Doka GmbH
  • EFCO Corp
  • Encofrados Alsina
  • FORSA SA.
  • MEVA Schalungs-Systeme GmbH
  • MFE Formwork Technology Sdn Bhd
  • PERI GmbH