Two megatrends are dominating the social discussion, both presenting major challenges – and opportunities. Alongside digitalization, sustainability is right in the spotlight.
Europe Prefabricated Building Market Outlook Report 2021: Market Size was Valued at $24 Billion in 2020 and is Likely to Reach $32 Billion in 2026
April 30, 2021 05:13 ET | Source: Research and Markets Research and Markets Dublin, IRELAND
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The Europe prefabricated building market size was valued at USD 24 billion in 2020 and is likely to reach USD 32 billion in 2026, growing at a CAGR of over 4% during the forecast period.
The market is growing as the demand for better quality sustainable homes across the region increases, with the UK and Germany accounting for the largest shares. The use of additive manufacturing in Europe expects to lend tremendous support to the prefabricated construction market.