Prefabricated construction activities are growing at a steady rate in the Asia Pacific. In China, the government undertook many different prefabricated construction projects, to build makeshift hospitals, in their fight against Covid-19. Building developers, such as Broad Group, have also undertaken prefabricated construction projects in China, thereby supporting the growth of the industry in the Asia Pacific region.
In other nations, for instance, in India, the government is considering the usage of prefabricated materials for the construction of roads. This, coupled with the investment from traditional construction firms in the prefabricated segment, is projected to keep supporting the industry growth. Overall, the publisher maintains a positive outlook for the prefabricated construction market in the Asia Pacific region over the next three to four years.
With the trend projected to further continue in H1 2023, the publisher expects the prefabricated construction market to benefit from the surge in inflation and construction material prices in the short to medium-term perspective. Furthermore, the reduced supply of affordable housing units will also force the government to implement policies in support of the prefabricated construction segment over the next three to four years. As a result, the publisher expects the prefabricated construction market to become the major beneficiary of the current macroeconomic environment in the Asia Pacific region.
This market intelligence report provides a detailed view of market opportunities in the prefabricated building construction industry at Asia Pacific and country level. With over 100+ KPIs, covering end markets, prefabricated/precast materials, and products at country level, this databook offering primarily provides data-centric analysis with charts and tables.
In other nations, for instance, in India, the government is considering the usage of prefabricated materials for the construction of roads. This, coupled with the investment from traditional construction firms in the prefabricated segment, is projected to keep supporting the industry growth. Overall, the publisher maintains a positive outlook for the prefabricated construction market in the Asia Pacific region over the next three to four years.
The adoption of prefabricated modules and materials is expected to grow significantly in India
The public and private investment in the Indian construction market has increased significantly over the last few years. With the government investing billions towards the development of roads and highways, the publisher expects the investment to also support the growth of the prefabricated construction industry.- In January 2023, the Ministry of State for Road Transport and Highways announced that prefabricated materials would be used for the development of road infrastructure. The use of prefabricated materials is part of the government’s strategy to increase the pace of highway construction in India. In 2023, the government is planning to build 100 kilometers of the road every day, up from the 33 kilometers at present.
Traditional construction and venture capital firms are foreseeing growth and investing in the prefabricated construction segment
With the demand for prefabricated modules and materials expected to grow significantly over the next five years, traditional construction firms are also seeking to expand their footprint in the segment. As a result, they are making an investment in innovative prefabricated startups in the Asia Pacific region.- In October 2022, Saint-Gobain, one of the leading global players in the construction industry, announced that the firm had made an investment in C-CUBE, the Vietnam-based modular cGMP facility firm. The Vietnam-based firm specializes in the development of innovative prefabricated construction solutions for the life sciences industry. The collaboration between the two firms is projected to allow them to further strengthen their position in the segment.
- In Southeast Asia, prefabricated construction firms are gaining strong momentum and traction from venture capital firms as well. Amoda, for instance, raised an undisclosed amount of sum from East Ventures in Indonesia in July 2022. The prefabricated construction tech startup provides customers with prefabricated materials to reduce construction time and costs. In H1 2022, the firm tripled its revenue and announced that it plans to use the funding for launching a new manufacturing facility.
Rising inflation and subsequent surge in construction material prices to support prefabricated construction market growth in Asia Pacific
In 2022, many countries in the Asia Pacific region have experienced inflation rising to multi-year highs. With inflation rising and construction material prices being much higher compared to pre-pandemic levels, consumers are no longer finding new home purchases affordable. Consequently, the demand for prefabricated houses has grown substantially over the last few quarters in Asia Pacific.With the trend projected to further continue in H1 2023, the publisher expects the prefabricated construction market to benefit from the surge in inflation and construction material prices in the short to medium-term perspective. Furthermore, the reduced supply of affordable housing units will also force the government to implement policies in support of the prefabricated construction segment over the next three to four years. As a result, the publisher expects the prefabricated construction market to become the major beneficiary of the current macroeconomic environment in the Asia Pacific region.
This market intelligence report provides a detailed view of market opportunities in the prefabricated building construction industry at Asia Pacific and country level. With over 100+ KPIs, covering end markets, prefabricated/precast materials, and products at country level, this databook offering primarily provides data-centric analysis with charts and tables.
- End Market Dynamics: Provides a comprehensive data-centric view of size and structure, industry dynamics, and end market opportunities in the prefabricated industry at country level.
- Prefabricated Methods: Provides an in-depth analysis of industry across 3 methods- panelised construction, modular (Volumetric) construction, and hybrid (Semi-volumetric) construction.
- Prefabricated Materials: Provides demand analysis across 7 key materials such as aluminum, wood, iron & steel, concrete, glass, and other.
- Prefabricated Products: Provides demand analysis of market by 7 key products such as building superstructure, roof construction, floor construction, interior room modules, exterior walls, columns & beams, and other.
This title is a bundled offering, combining the following 13 reports (1,053 tables and 1,274 charts):
- Country Report 1 - Australia Prefabricated Construction Industry Databook Series
- Country Report 2 - Bangladesh Prefabricated Construction Industry Databook Series
- Country Report 3 - China Prefabricated Construction Industry Databook Series
- Country Report 4 - India Prefabricated Construction Industry Databook Series
- Country Report 5 - Indonesia Prefabricated Construction Industry Databook Series
- Country Report 6 - Malaysia Prefabricated Construction Industry Databook Series
- Country Report 7 - Philippines Prefabricated Construction Industry Databook Series
- Country Report 8 - Singapore Prefabricated Construction Industry Databook Series
- Country Report 9 - South Korea Prefabricated Construction Industry Databook Series
- Country Report 10 - Sri Lanka Prefabricated Construction Industry Databook Series
- Country Report 11 - Taiwan Prefabricated Construction Industry Databook Series
- Country Report 12 - Thailand Prefabricated Construction Industry Databook Series
- Country Report 13 - Vietnam Prefabricated Construction Industry Databook Series
Scope
This report provides a detailed data-centric analysis of the prefabricated construction industry at Asia Pacific and country level, covering market opportunity, and industry dynamics by prefabricated materials, methods, and products across various construction sectors. In addition, it provides market size and forecast of the prefabricated industry covering end markets along with demand analysis. With over 100 KPIs at the country level, this bundled offering provides comprehensive understanding of market dynamics at a more granular level.Precast Market Size and Forecast by Building Construction Sector, 2018-2027
- Residential
- Single-Family
- Multi Family
- Commercial
- Office
- Retail
- Hospitality
- Other
- Institutional
- Industrial
Market Size and Forecast by Prefabrication Methods, 2018-2027
- Panelised construction
- Modular (Volumetric) construction
- Hybrid (Semi-volumetric) construction
By Prefabricated Material
- Aluminium
- Wood
- Iron & Steel
- Concrete
- Glass
- Other
Market Size and Forecast by Prefabricated Product, 2018-2027
- Building Superstructure
- Roof Construction
- Floor Construction
- Interior Room Modules
- Exterior Walls
- Columns & Beams
- Other
Market Size and Forecast by Prefabricated Material X Product, 2018-2027
- Aluminium (Building Superstructure, Roof Construction, Floor Construction, Interior Room Modules, Exterior Walls, Columns & Beams, Other)
- Wood (Building Superstructure, Roof Construction, Floor Construction, Interior Room Modules, Exterior Walls, Columns & Beams, Other)
- Iron & Steel (Building Superstructure, Roof Construction, Floor Construction, Interior Room Modules, Exterior Walls, Columns & Beams, Other)
- Concrete (Building Superstructure, Roof Construction, Floor Construction, Interior Room Modules, Exterior Walls, Columns & Beams, Other)
- Glass (Building Superstructure, Roof Construction, Floor Construction, Interior Room Modules, Exterior Walls, Columns & Beams, Other)
- Other (Building Superstructure, Roof Construction, Floor Construction, Interior Room Modules, Exterior Walls, Columns & Beams, Other)
Market Size and Forecast by Prefabrication Product X Construction Sector, 2018-2027
- Residential (Building Superstructure, Roof Construction, Floor Construction, Interior Room Modules, Exterior Walls, Columns & Beams, Other)
- Commercial (Building Superstructure, Roof Construction, Floor Construction, Interior Room Modules, Exterior Walls, Columns & Beams, Other)
- Industrial (Building Superstructure, Roof Construction, Floor Construction, Interior Room Modules, Exterior Walls, Columns & Beams, Other)
- Institutional (Building Superstructure, Roof Construction, Floor Construction, Interior Room Modules, Exterior Walls, Columns & Beams, Other)
Reasons to buy
- In-depth Understanding of Prefabricated/Precast Construction Market Dynamics: Understand market opportunity, industry dynamics, key trends and drivers across 50+ market segments at regional and country level.
- Deeper Segmentation of Prefabricated Product Analysis: Market size and forecast by prefabricated products, materials, product X materials, and product X construction sectors.
- Develop Market Specific Strategies: Identify growth segments and target specific opportunities to formulate your strategy; assess market specific key trends, drivers and risks in prefabricated/precast construction industry in the region and country.
- Comparable Data: Get detailed and comparable data for the prefabricated/precast market size. The research methodology is based on industry best practices. Its unbiased analysis leverages a proprietary analytics platform to offer a detailed view on emerging business and investment market opportunities.
Table of Contents
This title is a bundled offering, combining the following 13 reports:
1. About this Report
3. Prefabricated Building Construction Market Dynamics by Prefabrication Methods
4. Prefabricated Product Demand Analysis and Outlook
5. Prefabricated Material Demand Analysis and Outlook
6. Prefabricated Market Dynamics and Outlook by Construction Sector
7. Residential Prefabricated Construction Market Dynamics and Outlook
8. Commercial Prefabricated Construction Market Dynamics and Outlook
9. Residential Construction Demand Analysis and Outlook by Prefabricated Products
10. Commercial Construction Demand Analysis and Outlook by Prefabricated Products
11. Industrial Construction Demand Analysis and Outlook by Prefabricated Products
12. Institutional Construction Demand Analysis and Outlook by Prefabricated Products
13. Prefabricated Building Superstructure Demand Analysis by Material
14. Prefabricated Roof Demand Analysis by Material
15. Prefabricated Floor Demand Analysis by Material
16. Prefabricated Interior Room Modules Demand Analysis by Material
17. Prefabricated Exterior Walls Demand Analysis by Material
18. Prefabricated Columns and Beams Demand Analysis by Material
19. Further Reading
List of Figures
List of Tables