China Modular Construction Market Size was valued at USD 15.45 billion in 2022 and the total Market revenue is expected to grow at 6.3% from 2022 to 2030, reaching nearly USD 24.92 billion.
The rapid urbanization and increasing infrastructure projects in China have significantly boosted the modular construction market. Prefabricated building solutions reduce construction time, minimize waste, and enhance energy efficiency. Government initiatives promoting green buildings and smart city developments further drive adoption, making modular construction a key player in China's evolving real estate sector.
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The China Modular Construction Market Report is a product of in-depth research and analysis by our team of expert market analysts. It covers key factors shaping the China Modular Construction Market, including industry competition, consumer trends, and technological innovations. This report serves as a strategic resource for industry professionals, enabling informed decision-making and a competitive edge in a dynamic market. With comprehensive insights and actionable intelligence, the China Modular Construction Market Report provides valuable opportunities for growth and success in the industry.
Competitive Analysis
The China Modular Construction Market is highly competitive, with key players focusing on innovation, strategic partnerships, and mergers and acquisitions to strengthen their market positions. Notable companies include:
Ark Prefab Co., Ltd.
Atlantic Modular System
China State Construction
CIMC Modular Building Systems
GS Housing
Hangxiao Steel Structure
Kong Sing Building Co., Ltd.
Ningbo Deepblue Smart House Co., Ltd.
Shanghai Haisheng Special Metal Box Co., Ltd.
Zhejiang Putian Integrated Housing Co., Ltd.
Key Benefits for Stakeholders
The China Modular Construction Market Report offers stakeholders a comprehensive suite of benefits, including quantitative analysis of market segments, trends, estimations, and dynamics from 2024 to 2032. It provides insights into key drivers, restraints, and opportunities, supported by Porter's Five Forces analysis for strategic decision-making. The report's segmentation analysis identifies market opportunities, while revenue mapping of major countries by region offers a detailed financial perspective. Additionally, it includes benchmarking and positioning of market players, along with an analysis of regional and global trends, key players, and growth strategies.
Recent Industry Developments
May 2021 – Saint-Gobain, a global glass and glass solution provider, partnered with InDeco, an interior decorator company in China. Saint-Bobain successfully expanded its business of modular and prefabricated construction in China through this partnership. Which is responsible for increasing Saint Gobain’s market share in China.
March 2022 – Finland based Peikko Group acquired a major share in China-based prefabricated construction company Shanghai Shucko Construction Technology Co. Ltd. By this acquisition, Peikko Group had expanded their business in China.
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Drivers & Restrains
Drivers:
Rapid urbanization and increasing demand for affordable housing solutions driving the adoption of modular construction techniques in urban areas.
Government initiatives and policies promoting sustainable building practices and efficient construction methods enhancing the growth of the modular construction market.
Restraints:
High initial investment costs and potential logistical challenges in transporting modular units may deter smaller construction firms from adopting modular methods.
Regulatory barriers and varying standards across regions complicating the implementation of modular construction projects.
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