Market Size of France Prefabricated Buildings Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Market Size (2024) | USD 6.91 Billion |
Market Size (2029) | USD 8.91 Billion |
CAGR (2024 - 2029) | 5.22 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
France Prefabricated Buildings Market Analysis
The France Prefabricated Buildings Industry is expected to grow from USD 6.91 billion in 2024 to USD 8.91 billion by 2029, at a CAGR of 5.22% during the forecast period (2024-2029).
- The large increase in modular building in France is likely to help the prefabricated building industry grow in the country. In the next few years, the growth of the prefab housing market in the country is expected to outpace the growth of the overall housing market. Comparing France to other European countries like Germany and Sweden, France has less prefabricated construction than those countries.
- In France, 3D models are often used when building new buildings, but they aren't used as often when remodeling. However, not all project stakeholders who participate in it actually implement the BIM process, and only a small number of them do so. Also, BIM is often used during the planning and design phases, but not during the execution phase. Concerning the use of BIM in public sector projects, BIM may play a key role within the next year, but it's not clear when.
- In the French prefabricated construction industry, products made of concrete and wood have significant market shares. Compared to other countries, France seems to have a lot of important precast concrete buildings. The country was a pioneer in the development of heavy prefabrication systems. In addition to the Camus system, a large number of internationally successful heavy prefabrication systems were developed in France, which include Coignet, Barets, Cauvet, Estiot, Tracoba, Balency (Balency et Schuhl), and Porte des Lilas.