Market Overview:
The global permanent modular building market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for permanent modular buildings from the residential, commercial, and industrial sectors. In terms of type, the wooden segment is expected to lead the global permanent modular building market during the forecast period. This can be attributed to its low cost as compared to other types of materials used in construction such as steel and others.
Product Definition:
A permanent modular building is a structure that is built off-site and then delivered and assembled on-site, much like a traditional modular home. However, unlike a traditional modular home, which is typically used as a temporary or seasonal residence, a permanent modular building can be used as a permanent or semi-permanent structure.
Permanent modular buildings are often used in place of traditional construction methods because they are more cost effective and environmentally friendly. They can also be designed to meet specific needs, such as extra space for office workers or classrooms.
Wooden:
Wood is a natural material used to construct buildings. It has been traditionally used in construction for its strength, durability and low cost. Wood can be classified as hardwood and softwood according to the density of the wood; it has different properties such as strength, weight and moisture resistance for each class.
Steel:
Steel is a metal that is strong, hard, and corrosion-resistant. It can be shaped into different forms such as bars, sheets, rods or tubes. Steel's strength helps it withstand being bent and used in construction applications where other metals would break or crack easily.
Application Insights:
The residential application segment accounted for the largest share of more than 50.0% in 2017 and is projected to witness significant growth over the forecast period. The growing population, coupled with rising disposable income levels, particularly in Asia Pacific and Central & South America is expected to drive demand for permanent modular buildings in the residential sector.
Permanent modular buildings are widely used by industrial users as they offer flexibility regarding space utilization along with ease of maintenance and repair operations owing to their highly automated systems. The commercial application segment was valued at USD 846 million in 2017 owing to increasing demand from healthcare institutions, data centers, IT companies and other corporate offices for flexible office spaces equipped with advanced technology features such as soundproof walls that help enhance employee productivity.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The region accounted for a share of more than 30% in 2017 and is anticipated to witness significant growth over the forecast period owing to increasing disposable income, growing population, and government initiatives promoting urbanization.
The construction industry in Europe has observed a considerable recovery since 2009 after experiencing recession at the beginning of that year. GDP growth has been stronger than expected across most of European countries which have led to increased spending on construction activities as well as residential real estate sector; both are likely to benefit permanent modular buildings demand positively over next few years.
North America was valued at USD X million in 2017 and is projected to grow at an estimated CAGR of XX% from 2018 until 2030 owing high product demand across U.S.
Growth Factors:
- Increasing demand for temporary buildings for various applications such as commercial, industrial, and institutional.
- Rapid urbanization and growing population leads to the need for more housing and other infrastructure developments, which will drive the market growth for permanent modular building market.
- Rising disposable income of people coupled with changing lifestyle is favoring the growth of retail sector, which in turn is expected to boost the demand for permanent modular buildings in near future.
- Proliferation of e-commerce industry is resulting in increased demand for warehouse space across the globe; this will create opportunities for permanent modular building market players over next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Permanent Modular Building Market Research Report
By Type
Wooden, Steel, Others
By Application
Residential, Commercial, Industrial
By Companies
ALHO Systembau GmbH, Atco, Skyline Champion Corporation, Horizon North Logistics, Cavco Industries, Inc., Clayton Homes, Portakabin, Red Sea Housing, Fleetwood Australia, Kleusberg, Laing O'rourke
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Permanent Modular Building Market Report Segments:
The global Permanent Modular Building market is segmented on the basis of:
Types
Wooden, Steel, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential, Commercial, Industrial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ALHO Systembau GmbH
- Atco
- Skyline Champion Corporation
- Horizon North Logistics
- Cavco Industries, Inc.
- Clayton Homes
- Portakabin
- Red Sea Housing
- Fleetwood Australia
- Kleusberg
- Laing O'rourke
Highlights of The Permanent Modular Building Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Wooden
- Steel
- Others
- By Application:
- Residential
- Commercial
- Industrial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Permanent Modular Building Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Some of the major players in the permanent modular building market are ALHO Systembau GmbH, Atco, Skyline Champion Corporation, Horizon North Logistics, Cavco Industries, Inc., Clayton Homes, Portakabin, Red Sea Housing, Fleetwood Australia, Kleusberg, Laing O'rourke.
The permanent modular building market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Permanent Modular Building Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Permanent Modular Building Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Permanent Modular Building Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Permanent Modular Building Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Permanent Modular Building Market Size & Forecast, 2018-2028
4.5.1 Permanent Modular Building Market Size and Y-o-Y Growth
4.5.2 Permanent Modular Building Market Absolute $ Opportunity
Chapter 5 Global Permanent Modular Building Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Permanent Modular Building Market Size Forecast by Type
5.2.1 Wooden
5.2.2 Steel
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Permanent Modular Building Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Permanent Modular Building Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Commercial
6.2.3 Industrial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Permanent Modular Building Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Permanent Modular Building Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Permanent Modular Building Analysis and Forecast
9.1 Introduction
9.2 North America Permanent Modular Building Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Permanent Modular Building Market Size Forecast by Type
9.6.1 Wooden
9.6.2 Steel
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Permanent Modular Building Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Commercial
9.10.3 Industrial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Permanent Modular Building Analysis and Forecast
10.1 Introduction
10.2 Europe Permanent Modular Building Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Permanent Modular Building Market Size Forecast by Type
10.6.1 Wooden
10.6.2 Steel
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Permanent Modular Building Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Commercial
10.10.3 Industrial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Permanent Modular Building Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Permanent Modular Building Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Permanent Modular Building Market Size Forecast by Type
11.6.1 Wooden
11.6.2 Steel
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Permanent Modular Building Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Commercial
11.10.3 Industrial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Permanent Modular Building Analysis and Forecast
12.1 Introduction
12.2 Latin America Permanent Modular Building Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Permanent Modular Building Market Size Forecast by Type
12.6.1 Wooden
12.6.2 Steel
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Permanent Modular Building Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Commercial
12.10.3 Industrial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Permanent Modular Building Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Permanent Modular Building Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Permanent Modular Building Market Size Forecast by Type
13.6.1 Wooden
13.6.2 Steel
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Permanent Modular Building Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Commercial
13.10.3 Industrial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Permanent Modular Building Market: Competitive Dashboard
14.2 Global Permanent Modular Building Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ALHO Systembau GmbH
14.3.2 Atco
14.3.3 Skyline Champion Corporation
14.3.4 Horizon North Logistics
14.3.5 Cavco Industries, Inc.
14.3.6 Clayton Homes
14.3.7 Portakabin
14.3.8 Red Sea Housing
14.3.9 Fleetwood Australia
14.3.10 Kleusberg
14.3.11 Laing O'rourke
