Market Size of Japan Prefabricated Buildings Industry
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 16.48 Billion |
| Market Size (2029) | USD 22.28 Billion |
| CAGR (2024 - 2029) | 6.00 % |
| Market Concentration | High |
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*Disclaimer: Major Players sorted in no particular order |
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Japan Prefabricated Buildings Market Analysis
The Japan Prefabricated Buildings Market size is estimated at USD 16.48 billion in 2024, and is expected to reach USD 22.28 billion by 2029, growing at a CAGR of 6% during the forecast period (2024-2029).
Prefabricated housing accounted for approximately 13.1% of the total residential construction starts in Japan in 2022, with construction works initiated for nearly 112,5 thousand new housing units. This represents a decrease of approximately 0.8% from 2021.
Japan's prefab housing development has evolved into very advanced results. Today, Japanese prefab houses are built to high standards in terms of disaster resilience, thermal insulation, and bespoke designs.
Prefabricated buildings are typically designed to last 50 to 100 years, but Japanese families that use them rebuild their houses every 30 years because they view them as depreciating. Prefabricated construction has been around for a long time in many countries, but it has become increasingly popular in recent years. Japan has developed its prefabricated market by taking advantage of synergies with other industries. The inspections are carried out by industry-specific, trained professionals, rather than according to a general building code.
