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Global modular construction market size 2018, with a forecast for 2025

Published by

Fernando de Querol Cumbrera,

Jan 19, 2022

The global market for modular construction is expected to grow under rapid urbanization in developing countries. Modular construction is largely used in these regions to renovate existing buildings. In 2025, the global market value of modular construction is expected to reach about 175 billion U.S. dollars.

Value of modular construction market worldwide in 2018, with a forecast for 2025 (in billion U.S. dollars)

table column chart

Characteristic	Market value in billion U.S. dollars
2025*	175.15
2018	111.24

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Details: Worldwide; Zion Market Research; 2018

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Sources

GlobeNewswire; Zion Market Research

Survey by

Zion Market Research

Published by

GlobeNewswire

Source link

globenewswire.com

Release date

May 2019

Citation formats

Region

Worldwide

Survey time period

2018

Supplementary notes

* Projection based on a CAGR of about 6.7 percent between 2019 and 2025.

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