The global prefabricated buildings market is anticipated to grow at a CAGR of 7.5% during the forecast period (2023-2030). The growing demand for prefabricated buildings to deal with adverse circumstances is propelling the growth of the prefabricated buildings market. For instance, in August 2023, Emirates Red Crescent inaugurates housing project in Syria for earthquake relief. The project was announced in April as part of a Dh65 million project to help Syrian families affected by the earthquake that hit the country. The high-quality and fully serviced Al Naqa’a housing project will contribute to bringing about stability for a number of families who lost their homes as a result of the earthquake.
Browse the full report description of “Prefabricated Buildings Market Size, Share & Trends Analysis Report by Material Type (Concrete, Glass, Metal, Timber, and Others), and by End-User (Residential, Commercial, and Industrial) Forecast Period (2023-2030)” at https://www.omrglobal.com/industry-reports/prefabricated-buildings-market
Further, in April 2023, the Ukrainian Red Cross has installed 10 new “foldable” modular home designs from Hapi Homes, LLC. to the beleaguered historic port city of Odesa. The houses are made for the local families that have been displaced as a result of the ongoing conflict. The two-bedroom units come fully furnished and are set to be delivered later in the month in an effort to alleviate the burden on local workers – all doctors, nurses, teachers, and engineers, respectively. Furthermore, in June 2023, TopHat, the UK-based manufacturer of prefabricated houses, has formed a partnership with French house-builder Nexity to accelerate the development of off-site construction in France. Such developments are driving the growth of the global prefabricated buildings market.
Market Coverage
• The market number available for – 2022-2030
• Base year- 2022
• Forecast period- 2023-2030
• Segment Covered-
o By Material Type
o By End-User
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- includes Clayton Homes, Sekisui Homes, China Saite Group Company Ltd., PEAB, and Barratt Developments PLC, among others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Prefabricated Buildings Market Report Segment
By Material type
By End-User
Global Prefabricated Buildings Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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