The South African formwork market is experiencing growth due to various factors, including the increase in residential and commercial construction projects, infrastructure development, and the growing demand for sustainable and cost-effective construction solutions. The rise in urbanization and the need for affordable housing is also driving the demand for formwork solutions in the country. Moreover, the increasing use of advanced materials, such as aluminum and steel, is further fueling the growth of the market. However, the high cost of formwork materials and the shortage of skilled labor are some of the factors that may hinder market growth. The major players in the South African formwork market include PERI South Africa, Doka South Africa, and Form-Scaff. These companies are focusing on developing advanced and innovative formwork solutions to remain competitive in the market.
South Africa formwork market is expected to surpass US$ 327.5 million by the end of 2028 and exhibit a CAGR of 4.3% during the forecast period (2021 to 2028).
Leading Companies in the South Africa formwork Industry:
1. PERI Group
PERI Group is a German-based company that was founded in 1969. It operates in over 70 countries and has its headquarters in Weißenhorn, Germany. PERI Group offers a wide range of formwork solutions, including wall, slab, climbing, and bridge formwork. In January 2023, PERI Vertrieb Deutschland GmbH & Co. KG has acquired Implenia Schalungsbau GmbH in Bobenheim-Roxheim, Germany.
2. Doka Group
Doka Group is an Austrian company that was founded in 1956. It operates in over 70 countries and has its headquarters in Amstetten, Austria. Doka Group offers a variety of formwork solutions, including wall, slab, climbing, and tunnel formwork. In February, 2023 Doka, one of the world's leading suppliers of formwork with headquarters in Amstetten, Austria, completed the 100% acquisition of scaffolding manufacturer AT-PAC.
3. ULMA Construction
ULMA Construction is a Spanish company that was founded in 1961. It operates in over 50 countries and has its headquarters in Oñati, Spain. ULMA Construction offers formwork solutions for residential, industrial, and civil engineering projects, including wall, slab, and climbing formwork.
4. Waco International
Waco International is a South African company that was founded in 1952. It operates in over 15 countries and has its headquarters in Johannesburg, South Africa. Waco International offers a variety of formwork solutions, including wall, slab, climbing, and tunnel formwork.
5. RMD Kwikform
RMD Kwikform is a UK-based company that was founded in 1948. It operates in over 20 countries and has its headquarters in Manchester, UK. RMD Kwikform offers a wide range of formwork solutions, including wall, slab, and climbing formwork.
6. MESA imalat Sanayii ve Ticaret A.S
MESA imalat Sanayii ve Ticaret A.S is a Turkish company that was founded in 1989. It operates in over 40 countries and has its headquarters in Istanbul, Turkey. MESA imalat Sanayii ve Ticaret A.S offers formwork solutions for residential and industrial projects, including wall and slab formwork.
7. Uni-Span Holdings (Pty) Ltd.
Uni-Span Holdings (Pty) Ltd. is a South African company that was founded in 1990. It operates in over 5 countries and has its headquarters in Johannesburg, South Africa. Uni-Span Holdings (Pty) Ltd. offers a variety of formwork solutions, including wall, slab, and climbing formwork.
8. Acrow
Acrow is a US-based company that was founded in 1936. It operates in over 10 countries and has its headquarters in Parsippany, New Jersey. Acrow offers a wide range of formwork solutions, including bridge and infrastructure formwork.
9. Faresin Formwork S.p.A
Faresin Formwork S.p.A is an Italian company that was founded in 1973. It operates in over 10 countries and has its headquarters in Breganze, Italy. Faresin Formwork S.p.A offers a variety of formwork solutions, including wall and slab formwork.
10. Pilosio S.p.A
Pilosio S.p.A is an Italian company that was founded in 1961. It operates in over 5 countries and has its headquarters in Fontanafredda, Italy. Pilosio S.p.A offers formwork solutions for residential and industrial projects, including wall and slab formwork.
11. Staluform (Pty) Ltd.
Staluform (Pty) Ltd. is a South African company that was founded in 1991. It operates in South Africa and has its headquarters in Johannesburg, South Africa. Staluform (Pty) Ltd. offers formwork solutions for residential and industrial projects, including wall and slab formwork.
12. Pre-Form (Pty) Ltd.
Pre-Form (Pty) Ltd. is a South African company that was founded in 1993. It operates in South Africa and has its headquarters in Johannesburg, South Africa. Pre-Form (Pty) Ltd. offers a variety of formwork solutions, including wall, slab, and climbing formwork.
*Definition- Formwork refers to temporary or permanent molds into which concrete or other materials are poured to create structures such as walls, columns, and beams during construction.
