Prefabricated Houses Market in Africa Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Africa Prefabricated Housing Market is segmented by type (single-family and multi-family) and country (Nigeria, Egypt, South Africa, and the rest of Africa). The report offers market sizes and forecasts in value (USD) for all the above segments.

Prefabricated Houses Market in Africa Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Africa Prefabricated House Market Size

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Africa Prefabricated Housing Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2019 - 2023
CAGR 5.50 %
Market Concentration Low

Major Players

Africa Prefabricated Housing Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Africa Prefabricated Housing Market with other markets in Real Estate and Construction Industry

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Africa Prefabricated House Market Analysis

The Africa Prefabricated Housing Market is expected to register a CAGR of greater than 5.5% during the forecast period.

  • Prefabricated housing created affordable housing solutions and many employment opportunities for the residents. Due to the lack of the ability to provide housing on time in terms of human resources and materials, serious housing shortages exist across Africa.
  • The lack of end-user financing and affordability makes the situation more difficult. The government and developers are constantly striving to find solutions to make it possible for middle-income people to buy their own houses. Developers are seeing rapid urbanization as an opportunity.
  • In 2021, the GDP of the Nigerian real estate industry recorded positive growth, a 2.3% increase from NGN 3.96 trillion (USD 8.6 billion) recorded in the previous year. Despite the activities witnessed in 2021, the housing deficit in Nigeria remains at about 22 million. The market is yet to see the expected home demand and supply volume.
  • Nigeria's housing inventory is dire, with a chronic shortage of affordable and available homes needed to support the nation's population. According to Oxford Business Group, by 2050, Africa's population will double, meaning that the region will include added 3.5 million people per month. Africa will contribute more than half of the world's total population growth by then and more than three-quarters of that growth up to 2100.

Africa Prefabricated House Industry Overview

Africa's prefabricated housing market is relatively fragmented. Several international and domestic companies are present in Africa's prefabricated housing market. Companies are implementing effective production technologies to minimize product costs and reduce related risks. High capital requirements and rapid technological advancement are important barriers to entry for new participants. The market is expected to grow during the forecast period due to increased prefabricated housing construction building investments and upcoming major projects. Intensified competition led to the emergence of many innovative and advanced solutions in the market, such as turnkey solutions and lightweight ceramic houses. Major players are Karmod Prefabricated Building Technologies, Kwikspace Modular Buildings Ltd., Cube Modular, Fabricated Steel Manufacturing, and Concretex.

Africa Prefabricated House Market Leaders

  1. Karmod Prefabricated Building Technologies

  2. Kwikspace Modular Buildings Ltd.

  3. Cube Modular

  4. Fabricated Steel Manufacturing

  5. Concretex

  6. *Disclaimer: Major Players sorted in no particular order
Africa Prefabricated Housing Market Concentration
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Africa Prefabricated House Market News

  • May 2023: A new prefab housing structure is under development by Amsterdam-based architecture firm NLE. They installed a model in Africa's Cape Verde to understand its viability's various aspects as floating houses. The idea is to reduce the overall cost emanating from land prices.
  • January 2022: Housing is one of the major challenges of a city resident in Addis Ababa, the capital city of Ethiopia. Hence, the Addis Ababa City Administration laid the foundation for 5,000 prefabricated houses in the Akaki Kaliti sub-city. Addis Ababa City Administration also stated that 2 million houses would be built during the ten-year development plan.

Africa Prefabricated House Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

  • 2.1 Analysis Methodology
  • 2.2 Research Phases

3. EXECUTIVE SUMMARY

4. MARKET INSIGHTS

  • 4.1 Current Market Scenario
  • 4.2 Technological Trends
  • 4.3 Insights on Supply Chain/Value Chain Analysis of the Prefabricated Housing Industry
  • 4.4 Cost Structure Analysis of the Prefabricated Housing Industry
  • 4.5 Insights on Different Types of Materials used in Prefabricated Housing Construction
  • 4.6 Impact of COVID-19 on the Market

5. MARKET DYNAMICS

  • 5.1 Drivers
  • 5.2 Restraints
  • 5.3 Opportunities
  • 5.4 Industry Attractiveness - Porter's Five Forces Analysis
    • 5.4.1 Bargaining Power of Suppliers
    • 5.4.2 Bargaining Power of Consumers / Buyers
    • 5.4.3 Threat of New Entrants
    • 5.4.4 Threat of Substitute Products
    • 5.4.5 Intensity of Competitive Rivalry

6. MARKET SEGMENTATION

  • 6.1 By Type
    • 6.1.1 Single Family
    • 6.1.2 Multi Family
  • 6.2 By Country
    • 6.2.1 Nigeria
    • 6.2.2 Egypt
    • 6.2.3 South Africa
    • 6.2.4 Rest of Africa

7. COMPETITIVE LANDSCAPE

  • 7.1 Overview
  • 7.2 Company Profiles
    • 7.2.1 Karmod Prefabricated Building Technologies
    • 7.2.2 Kwikspace Modular Buildings Ltd.
    • 7.2.3 Cube Modular
    • 7.2.4 Fabricated Steel Manufacturing
    • 7.2.5 Concretex
    • 7.2.6 Global Africa Prefabricated Building Solutions Ltd.
    • 7.2.7 Panelman Engineering
    • 7.2.8 House-it Building
    • 7.2.9 Nyumba
    • 7.2.10 M Projects*
  • *List Not Exhaustive

8. MARKET OPPORTUNITIES AND FUTURE TRENDS

9. APPENDIX

  • 9.1 Macroeconomic Indicators (GDP breakdown by sector, Contribution of construction to economy, etc.)
  • 9.2 Key Production, Consumption, Exports & Import Statistics of Construction Materials
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Africa Prefabricated House Industry Segmentation

Prefabricated homes, often called prefab homes, are primarily manufactured in advance off-site, then delivered and assembled on-site. The report covers a complete assessment of the Africa Prefabricated Housing Market. It includes an assessment of the economy market overview, market size estimation for key segments, and emerging trends in the market segments. The report sheds light on the market trends like growth factors, restraints, and opportunities in this sector. The competitive landscape of the Africa Prefabricated Housing Market is depicted through the profiles of active key players. The report also covers the impact of COVID-19 on the market and future projections.

The Africa Prefabricated Housing Market is segmented by type (single-family and multi-family) and country (Nigeria, Egypt, South Africa, and the Rest of Africa). The report offers market sizes and forecasts in value (USD) for all the above segments.

By Type Single Family
Multi Family
By Country Nigeria
Egypt
South Africa
Rest of Africa
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Africa Prefabricated House Market Research FAQs

What is the current Africa Prefabricated Housing Market size?

The Africa Prefabricated Housing Market is projected to register a CAGR of greater than 5.5% during the forecast period (2025-2030)

Who are the key players in Africa Prefabricated Housing Market?

Karmod Prefabricated Building Technologies, Kwikspace Modular Buildings Ltd., Cube Modular, Fabricated Steel Manufacturing and Concretex are the major companies operating in the Africa Prefabricated Housing Market.

What years does this Africa Prefabricated Housing Market cover?

The report covers the Africa Prefabricated Housing Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Africa Prefabricated Housing Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Africa Prefab Homes Industry Report

Statistics for the 2025 Africa Prefabricated Housing market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Africa Prefabricated Housing analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.