How Formwork Prices In India Are Changing In 2026
With India's construction industry targeting a fabulous market size by 2026, the sector is facing a critical juncture. It's no longer just about building more; it's about prioritising low cost housing construction . There has been one of the more dramatic changes in the project budget this year: the rising cost of formwork, the temporary moulds used to hold concrete in place. With labour shortages and material volatility increasing, formwork costs in India are a strategic lever for profitability, not just a line item. The Increasing Cost of Typical Formwork Materials Traditionally, Indian contractors depended on wooden frames and plywood. But the year 2026 has challenged these conventional methods. Thus, the demand for plastic formwork for sale has increased significantly in recent times. Plywood and Timber: Although the initial cost is lower than metal's, the hidden cost of wood after 5–10 uses is a "hidden" cost. In 2026, the costs of freq...