Brazil Prefabricated Buildings Market Size

Brazil Prefabricated Buildings Market Analysis

The Brazil Prefabricated Buildings Market size is estimated at USD 3.25 billion in 2024, and is expected to reach USD 4.26 billion by 2029, growing at a CAGR of 5.54% during the forecast period (2024-2029).

• Modular construction is new in the country, especially for housing. However, as in many other countries, "the pandemic, especially the hospital built in China, brought lots of attention to modular construction. There are very few suppliers of the materials the market needs. So, customers end up adopting a lot of materials from traditional construction. Providing the kind of finish clients expect can be challenging, given the lack of options available. The transport regulations do not allow manufacturers to transport larger units by road, which are not always well-maintained,
• Small projects in Brazil are rising for commercial tourism, taking advantage of cost-effective and fast prefabrication construction techniques. Due to the economy, rationalization, and work speed, the largest of Brazil's school projects are designed from prefabricated concrete elements with rigid modulations and, in rare cases, steel.
• The Brazilian company Urban3D is prefabricating the parts of buildings and then assembling them on-site to combat Brazil's housing crisis. This method requires human workers to assemble the buildings. It also shows how the techniques of 3D printing can be used to quickly and efficiently support the needs of society. Driven by the housing crisis, affordable and smart housing, the prefabricated buildings industry is expected to grow during the forecast period.