DUBLIN--(BUSINESS WIRE)--The "Global Prefabricated Housing Market - Growth, Trends, COVID-19 Impact and Forecasts (2021 - 2026)" report has been added to ResearchAndMarkets.com's offering.
The global prefabricated housing market is expected to grow at a CAGR of approximately 6% during the forecast period.
The market is driven by raising awareness of the high customizability and short construction times that prefabricated housing offers. Due to the high popularity of the product/service in North America and Asia, the growth trend of prefabricated houses and the growth of consumer demand in recent years are expected to promote the global prefabricated housing market. The global shortage of affordable housing will support the demand for cheap prefabricated housing units.
The COVID-19 pandemic has plunged the global economy into recession and led to a decline in the construction of new housing in many countries, as the lockdown measures and the need to adjust construction practices to accommodate social distance stopped or slowed down housing construction projects all over the world. The long-term slowdown in overall construction activity in China will continue to lead to a decline in demand for temporary housing, which is used to provide shelter for construction workers in long-term projects across the country.
In countries such as Brazil and India, demand for prefabricated houses has been on the rise because it provides a faster and more affordable solution to expand and upgrade the housing stock compared to most traditional housing. New housing construction in Europe and Japan is expected to decline, while the COVID-19 pandemic in Europe and Japan has exacerbated the pre-existing weakness, which will particularly affect the global demand for new prefabricated housing.
The Global prefabricated housing market is highly competitive without dominant players. The market is fragmented, and the market is expected to grow during the forecast period due to the increase in the prefab construction building investments and upcoming major projects in the country and other few factors are driving the market. Companies are using environmentally friendly materials and manufacturing techniques to differentiate their products from competitors.
Companies are implementing effective production technologies to minimize product costs and reduce related risks. High capital requirements and rapid technological advancement are important barriers to entry for new participants.
Major players are Daiwa House Industry, Sekisui House, Asahi Kasei Corporation, Skanska AB, and Peab AB.
Key Topics Covered:
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET INSIGHTS
4.1 Current Market Scenario
4.2 Technological Trends
4.3 Insights on Supply Chain/Value Chain Analysis of the Prefabricated Housing Industry
4.4 Cost Structure Analysis of the Prefabricated Housing Industry
4.5 Impact of COVID-19 on the Market
4.6 Insights on Different Types of Materials used in Prefabricated Housing Construction
5 MARKET DYNAMICS
5.4 Porter's Five Forces Analysis
6 MARKET SEGMENTATION
6.1 By Type
6.1.1 Single Family
6.1.2 Multi Family
6.2 By Region
6.2.1 North America
6.2.5 Rest of the World
7 COMPETITIVE LANDSCAPE
7.2 Company Profiles
7.2.1 Daiwa House Industry
7.2.2 Sekisui House
7.2.3 Asahi Kasei Corporation
7.2.4 Skanska AB
7.2.5 Peab AB
7.2.7 Swietelsky AG
7.2.8 Panasonic Homes
7.2.9 Laing O'Rourke
7.2.10 Champion Home Builders Inc.
7.2.11 Bouygues Batiment International
7.2.12 Derome AB*
8 MARKET OPPORTUNITIES AND FUTURE TRENDS
For more information about this report visit https://www.researchandmarkets.com/r/qpues2