Market Size of France Prefab Wood Building Industry
Study Period | 2020 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2020 - 2022 |
CAGR | > 3.00 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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France Prefab Wood Building Market Analysis
France Prefab Wood Building Market is expected to register a CAGR of over 3% during the forecast period of 2023-2028.
- Construction companies and architects throughout France have increasingly shifted to the precast building system. Fixed schedules for construction projects and industrially controlled pre-production processes ensure reliable construction progress in shorter periods of time. However, in the past 3 years, the demand for prefabricated, semi-finished concrete elements, especially for floor slabs, has increased for larger construction projects.
- Prefab housing has been gaining popularity in France over the last couple of years. In France, it has mainly been local players that are catering to the market. But players from other European countries are also eying the France market, like German player HUF HAUS, the company that pioneered high-end pre-manufactured timber and glass homes, which arrived on the local market. Having already successfully established the HUF brand in several European countries, the house manufacturer has also entered France.
- The manufacturers of individually planned and mostly turnkey wooden prefabricated houses have the right offer for more and more builders to meet this demand. Thus, the consumer demand is leading to growth in the prefabricated building market.