The Global Prefabricated Housing Market Projected To Expand At A CAGR Of 5.67%

26-Nov-2024 | Zion Market Research

As per the report released by Zion Market Research, the global Prefabricated Housing market size was valued USD 127.35 billion in 2023 and is expected to rise to USD 209.2 billion by 2032 at a CAGR of 5.67%. The key participants of the prefabricated housing market consist of Skyline Corporation, Algeco Scotsman, Lindal Cedar Homes, Kirby Building Systems LLC, and Butler Manufacturing Company.

Thriving Construction Sector To Drive Prefabricated Housing Market Growth Over 2024-2032

Escalating demand for house on wheels or mobile houses will drive market trends. People in both emerging economies as well as developed countries prefer modular houses & manufactured homes, thereby offering new growth opportunities for prefabricated housing industry during forecast timeline. Apart from this, escalating use of fly-ash in concrete for constructing prefabricated homes will expedite prefabricated housing industry size over the assessment period. Massive focus on constructing green buildings due to growing environmental concerns will help in carving a profitable growth graph for prefabricated housing market in the years to come. Demand for cost-effective, comfort-providing, 3D reinforced concrete modules, and 3D modular houses will pave a way for humungous market surge in Europe over the anticipated timeline.

European Market To Register Highest CAGR Over 2024-2032

Humungous preference for project homes, mid-rise residential constructions, and public housing projects will steer the growth of prefabricated housing industry in Europe over 2020-2026. Massive demand for one & two family houses in countries such as Austria, Germany, Italy, Poland, Switzerland, the UK, and Scandinavia will drive regional market trends. Escalating popularity of turnkey solutions in prefabricated house construction owing to security reasons as well as for user convenience will benefit growth of prefabricated housing industry in Europe over projected timeframe. Growing inclination towards modular construction activities due to population explosion & housing shortage and demand for affordable & anti-seismic homes will spur prefabricated housing market size in Europe.

Browse the full Prefabricated Housing Market Size - By Home Type (Manufactured, Precut, Panelized, And Modular), By Construction Industry (Single Section Homes And Multi-Section Homes), By End-Use (Residential And Commercial), And By Region- Global Industry Perspective, Comprehensive Analysis, And Forecast, 2024-2032.” Report at https://www.zionmarketresearch.com/report/prefabricated-housing-market

The global Prefabricated Housing market is segmented as follows:

By Home Type

  • Manufactured
  • Precut
  • Panelized
  • Modular

By Construction Industry

  • Single Section Homes
  • Multi-Section Homes

By End-Use

  • Residential
  • Commercial

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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