Europe Modular Construction Market By Type (Permanent, Relocatable), By Material (Concrete, Steel, Wood), By Application (Commercial, Healthcare, Education & Institutional, Hospitality, Others), By Country, Competition, Forecast and Opportunities, 2020-2030F

March 2025 | 120 pages | ID: EC17BEA569F5EN
TechSci Research

Abstracts

Europe Modular Construction Market was valued at USD 19.5 Billion in 2024 and is expected to reach at USD 28.23 Billion in 2030 and project robust growth in the forecast period with a CAGR of 6.2% through 2030. The Europe modular construction market is experiencing significant growth driven by the rising demand for affordable, sustainable, and fast-to-complete building solutions. Modular construction, which involves the off-site prefabrication of building components, offers numerous advantages, including reduced construction time, lower labor costs, and minimal disruption to surrounding areas. As urbanization accelerates across Europe, the need for quick, scalable housing solutions is prompting greater adoption of modular methods. Additionally, the increasing emphasis on environmental sustainability is aligning well with modular construction's ability to reduce waste and utilize energy-efficient materials. Government initiatives supporting the construction of affordable housing, particularly in cities facing housing shortages, have further fueled the market’s expansion. The modular approach is also gaining traction in commercial sectors, including healthcare, education, and office buildings, where speed and flexibility are essential.

Key Market Drivers

Rising Demand for Affordable Housing

The growing need for affordable housing across Europe is a significant driver for the modular construction market. With urbanization intensifying and housing shortages becoming more prominent in major cities, governments and private developers are increasingly turning to modular construction to provide cost-effective housing solutions. Modular construction offers an efficient and timely way to meet high demand, as components are prefabricated off-site and assembled on-site in a fraction of the time compared to traditional methods. This approach not only reduces labor costs but also accelerates construction timelines, making it an ideal solution for addressing housing shortages. Moreover, modular homes and buildings are adaptable to various needs, making them a flexible option for both temporary and permanent housing. The ability to create high-quality, affordable units in a shorter time frame is driving more municipalities and developers to adopt modular construction, contributing significantly to the market's expansion. From 2015 to 2023, housing prices within the European Union surged by 48%, while rents increased by 13%. Notably, Hungary experienced a 196% rise in house prices, Lithuania saw an 114% increase, and Czechia's house prices grew by 112%. Rent hikes were most pronounced in Lithuania (68%), Estonia (59%), and Poland (58%)

Key Market Challenges

Regulatory and Zoning Challenges

One of the primary challenges facing the Europe modular construction market is navigating complex and varying regulatory requirements across different countries and regions. While some European countries have streamlined permitting processes for modular buildings, others still require extensive approval procedures that can delay project timelines. Zoning laws and building codes are often not adapted to modular construction methods, which can create barriers for developers looking to implement modular solutions in certain areas. These regulations may require modifications to existing laws or the introduction of new ones to accommodate the growing popularity of modular construction. Additionally, despite the advantages of speed and cost-efficiency, overcoming bureaucratic hurdles can make it challenging for modular construction to reach its full potential in markets where regulatory frameworks are rigid or outdated. While some European nations are moving toward modernization of these regulations, the lack of uniformity in standards across the region remains a significant obstacle for the widespread adoption of modular construction.

Key Market Trends

Increased Adoption of Sustainable and Eco-friendly Construction Practices

One of the most prominent trends in the Europe modular construction market is the growing emphasis on sustainability and eco-friendly building practices. As environmental concerns continue to rise and stricter regulations are enforced by governments across Europe, there is a significant shift toward green building solutions. Modular construction aligns well with these sustainability goals, as it typically generates less waste during production and uses energy-efficient materials. The use of prefabricated modules helps reduce on-site construction time, resulting in less disruption to the environment and lower carbon emissions. Additionally, modular buildings can be designed with sustainable features such as energy-efficient insulation, water-saving fixtures, and solar panels, further boosting their eco-friendly credentials. This trend is particularly appealing to developers and governments looking to meet increasingly stringent environmental standards, making modular construction a preferred choice for residential, commercial, and public infrastructure projects. As consumer awareness of environmental impact grows, the demand for sustainable modular buildings is expected to rise, driving the market's growth in the coming years. Countries like Sweden and the Netherlands have embraced modular construction, with up to 50% of their buildings constructed using this method. The approach offers enhanced labor conditions, attracting younger workers and women to the sector, which is facing labor shortage

Key Market Players

• Red Sea International Company
• Modular Building Systems, LLC.
• Skanska AB
• Bouygues Construction
• Lendlease Corporation Limited
• Woolworths Group Limited
• Champion Home Builders inc.
• Modular Connections LLC

Report Scope:

In this report, the Europe Modular Construction Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

• Europe Modular Construction Market, By Type:
• Permanent
• Relocatable
• Europe Modular Construction Market, By Material:
• Concrete
• Steel
• Wood
• Europe Modular Construction Market, By Application:
• Commercial
• Healthcare
• Education & Institutional
• Hospitality
• Others
• Europe Modular Construction Market, By Country:
• France
• United Kingdom
• Italy
• Germany
• Spain
• Belgium
• Switzerland
• Netherlands

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Europe Modular Construction Market.

Available Customizations:

Europe Modular Construction Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Contents

1. PRODUCT OVERVIEW

1.1. Market Definition
1.2. Scope of the Market
  1.2.1. Markets Covered
  1.2.2. Years Considered for Study
  1.2.3. Key Market Segmentations

2. RESEARCH METHODOLOGY

2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Formulation of the Scope
2.4. Assumptions and Limitations
2.5. Sources of Research
  2.5.1. Secondary Research
  2.5.2. Primary Research
2.6. Approach for the Market Study
  2.6.1. The Bottom-Up Approach
  2.6.2. The Top-Down Approach
2.7. Methodology Followed for Calculation of Market Size & Market Shares
2.8. Forecasting Methodology
  2.8.1. Data Triangulation & Validation

3. EXECUTIVE SUMMARY

4. VOICE OF CUSTOMER

5. EUROPE MODULAR CONSTRUCTION MARKET OVERVIEW

6. EUROPE MODULAR CONSTRUCTION MARKET OUTLOOK

6.1. Market Size & Forecast
  6.1.1. By Value
6.2. Market Share & Forecast
  6.2.1. By Type (Permanent, Relocatable)
  6.2.2. By Material (Concrete, Steel, Wood)
  6.2.3. By Application (Commercial, Healthcare, Education & Institutional, Hospitality, Others)
  6.2.4. By Country (France, United Kingdom, Italy, Germany, Spain, Belgium, Switzerland, Netherlands)
6.3. By Company (2024)
6.4. Market Map

7. FRANCE MODULAR CONSTRUCTION MARKET OUTLOOK

7.1. Market Size & Forecast
  7.1.1. By Value
7.2. Market Share & Forecast
  7.2.1. By Type
  7.2.2. By Material
  7.2.3. By Application

8. UNITED KINGDOM MODULAR CONSTRUCTION MARKET OUTLOOK

8.1. Market Size & Forecast
  8.1.1. By Value
8.2. Market Share & Forecast
  8.2.1. By Type
  8.2.2. By Material
  8.2.3. By Application

9. ITALY MODULAR CONSTRUCTION MARKET OUTLOOK

9.1. Market Size & Forecast
  9.1.1. By Value
9.2. Market Share & Forecast
  9.2.1. By Type
  9.2.2. By Material
  9.2.3. By Application

10. GERMANY MODULAR CONSTRUCTION MARKET OUTLOOK

10.1. Market Size & Forecast
  10.1.1. By Value
10.2. Market Share & Forecast
  10.2.1. By Type
  10.2.2. By Material
  10.2.3. By Application

11. SPAIN MODULAR CONSTRUCTION MARKET OUTLOOK

11.1. Market Size & Forecast
  11.1.1. By Value
11.2. Market Share & Forecast
  11.2.1. By Type
  11.2.2. By Material
  11.2.3. By Application

12. BELGIUM MODULAR CONSTRUCTION MARKET OUTLOOK

12.1. Market Size & Forecast
  12.1.1. By Value
12.2. Market Share & Forecast
  12.2.1. By Type
  12.2.2. By Material
  12.2.3. By Application

13. SWITZERLAND MODULAR CONSTRUCTION MARKET OUTLOOK

13.1. Market Size & Forecast
  13.1.1. By Value
13.2. Market Share & Forecast
  13.2.1. By Type
  13.2.2. By Material
  13.2.3. By Application

14. NETHERLANDS MODULAR CONSTRUCTION MARKET OUTLOOK

14.1. Market Size & Forecast
  14.1.1. By Value
14.2. Market Share & Forecast
  14.2.1. By Type
  14.2.2. By Material
  14.2.3. By Application

15. MARKET DYNAMICS

15.1. Drivers
15.2. Challenges

16. MARKET TRENDS AND DEVELOPMENTS

17. COMPANY PROFILES

17.1. Red Sea International Company
  17.1.1. Business Overview
  17.1.2. Key Revenue and Financials
  17.1.3. Recent Developments
  17.1.4. Key Personnel/Key Contact Person
  17.1.5. Key Product/Services Offered
17.2. Modular Building Systems, LLC.
  17.2.1. Business Overview
  17.2.2. Key Revenue and Financials
  17.2.3. Recent Developments
  17.2.4. Key Personnel/Key Contact Person
  17.2.5. Key Product/Services Offered
17.3. Skanska AB
  17.3.1. Business Overview
  17.3.2. Key Revenue and Financials
  17.3.3. Recent Developments
  17.3.4. Key Personnel/Key Contact Person
  17.3.5. Key Product/Services Offered
17.4. Bouygues Construction
  17.4.1. Business Overview
  17.4.2. Key Revenue and Financials
  17.4.3. Recent Developments
  17.4.4. Key Personnel/Key Contact Person
  17.4.5. Key Product/Services Offered
17.5. Lendlease Corporation Limited
  17.5.1. Business Overview
  17.5.2. Key Revenue and Financials
  17.5.3. Recent Developments
  17.5.4. Key Personnel/Key Contact Person
  17.5.5. Key Product/Services Offered
17.6. Woolworths Group Limited
  17.6.1. Business Overview
  17.6.2. Key Revenue and Financials
  17.6.3. Recent Developments
  17.6.4. Key Personnel/Key Contact Person
  17.6.5. Key Product/Services Offered
17.7. Champion Home Builders inc.
  17.7.1. Business Overview
  17.7.2. Key Revenue and Financials
  17.7.3. Recent Developments
  17.7.4. Key Personnel/Key Contact Person
  17.7.5. Key Product/Services Offered
17.8. Modular Connections LLC
  17.8.1. Business Overview
  17.8.2. Key Revenue and Financials
  17.8.3. Recent Developments
  17.8.4. Key Personnel/Key Contact Person
  17.8.5. Key Product/Services Offered

18. STRATEGIC RECOMMENDATIONS

19. ABOUT US & DISCLAIMER