Scaffolding Rental Procurement Category Market Research Report from IBISWorld has Been Updated

Demand for products has increased during the past three years due to a rebounding construction sector, which has helped suppliers maintain margins and avoid dollar-for-dollar increases in product prices; prices are anticipated to increase in the coming years as input costs rise, affecting demand for the construction markets. For these reasons and to help procurement professionals make better buying decisions faster, business intelligence firm IBISWorld has updated a report on the procurement of Scaffolding Rental in its growing collection of procurement category market research reports.

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IBISWorld procurement market research
Prices are anticipated to increase as input cost rise, affecting demand for the construction markets

Los Angeles, CA (PRWEB) June 13, 2014

Scaffolding rental services have a buyer power score of 3.0 out of 5. This score reflects favorable conditions for buyers in the market in the three years to 2014. During the period, rental rates have been rising as a result of growing demand for equipment rental, which many small-scale contractors deem as a more cost-effective alternative than making outright purchases, says IBISWorld analyst Deonta Smith. Despite steadily rising prices, price volatility has remained extremely low. Favorable price trends and low volatility are supporting buyer power.

Low market concentration and mounting competition among scaffolding rental firms are further bolstering buyer power. Despite the presence of a few notable players, such as Harsco Corporation, Sunbelt Rentals and United Rentals Inc., the vast majority of the market is composed of small to midsize firms operating on a regional or local scale, continues Smith. While large-scale buyers can benefit by working with multinational suppliers that offer a myriad of products and services, small buyers can reap more cost savings when renting out equipment from regional or local operators.

On the other hand, rental firms face moderate risk from the supply chain, particularly from rising construction machinery and equipment prices. To counteract the impact of rising production costs, scaffolding equipment manufacturers anticipate passing on increased costs in the form of higher prices to their downstream buyers, such as rental firms. Because rental firms have to constantly update their inventory with the latest equipment to compete successfully in the market, they will likely raise their prices, placing downward pressure on buyer power. For more information, visit IBISWorld’s Scaffolding Rental procurement category market research report page.

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IBISWorld Procurement Report Key Topics

This report is intended to help renters of scaffolding frames and erector sets. Scaffolding erector sets include rolling ladders, brackets, hangars, bases, jacks, drywall lifts, scaffold racks, ramps and carts. Renting or leasing scaffoldings can also include purchasing the scaffolding frame, platform or erecting services. Fencing and ladders are not discussed in this report.

Executive Summary

  • Pricing Environment
Price Fundamentals
Benchmark Price
Pricing Model
Price Drivers
Recent Price Trend
Price Forecast

  • Product Characteristics
Product Life Cycle
Total Cost of Ownership
Product Specialization
Substitute Goods
Regulation
Quality Control

  • Supply Chain & Vendors
Supply Chain Dynamics
Supply Chain Risk
Imports
Competitive Environment
Market Share Concentration
Market Profitability
Switching Costs

  • Purchasing Process
Buying Basics
Buying Lead Time
Selection Process
Key RFP Elements

  • Negotiation Questions
  • Buyer Power Factors
  • Key Statistics

About IBISWorld Inc.
IBISWorld is one of the world's leading publishers of business intelligence, specializing in Industry research and Procurement research. Since 1971, IBISWorld has provided thoroughly researched, accurate and current business information. With an extensive online portfolio, valued for its depth and scope, IBISWorld’s procurement research reports equip clients with the insight necessary to make better purchasing decisions, faster. Headquartered in Los Angeles, IBISWorld Procurement serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.


Contact

  • Gavin Smith
    IBISWorld Inc.
    +1 (310) 866-5042
    Email