Market Size of Germany Prefabricated Housing Industry
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 7.30 Billion |
| Market Size (2029) | USD 9.50 Billion |
| CAGR (2024 - 2029) | 5.43 % |
| Market Concentration | Low |
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?
Germany Prefabricated Houses Market Analysis
The Germany Prefabricated Housing Market size is estimated at USD 7.30 billion in 2024, and is expected to reach USD 9.5 billion by 2029, growing at a CAGR of 5.43% during the forecast period (2024-2029).
- The COVID-19 pandemic slightly impacted the prefabricated housing market in Germany. Due to COVID-19 restrictions, many construction projects were delayed or canceled. However, despite the pandemic, 5,564 prefabricated houses were approved in Q1 2020, 12.8% more than in the same period last year. The overall market grew by just 2.1% to 24,108 newly approved one- and two-family houses.
- The rise in the overall construction industry and increasing prices are contributing to the increasing turnover of the prefabricated housing industry in Germany. In 2022, along with the general boom in residential construction in the country, the share of prefabricated housing solutions in residential construction increased, standing at more than 23%. Additionally, the high demand for turnkey or prefabricated houses and energy-efficient buildings contributes to the market's growth.
- Meanwhile, an increasing labor shortage is another factor driving the prefab construction role in the German residential market. In addition, industry experts say that modular production, coupled with modern digital processes, offers the opportunity to build a faster and more efficient structure while saving resources at the same time.
- In 2022, Saint-Gobain Germany acquired Brüggemann, a company specializing in the production of prefabricated wood-based solutions, to provide a complete range of sustainable solutions in the country. Thus, growing labor shortages, construction costs, and increasing concern about sustainability may drive prefabricated housing in Germany.
