Market Size of Poland Prefabricated Buildings Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | > 4.00 % |
| 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?
Poland Prefabricated Buildings Market Analysis
During the forecast period, the Polish prefabricated building industry is expected to grow at a rate of more than 4% per year.
- When the COVID-19 pandemic broke out, it caused a lot of uncertainty for vendors and contractors in Poland's construction business.Several construction companies shut down their projects due to lockdowns and restrictions. However, due to immediate requirements for hospitals and quarantine sectors, the demand for prefabricated materials increased. As a large workforce is required for traditional construction, prefabricated buildings are an optimum solution during the pandemic. With the increasing shift toward turnkey housing solutions, the prefabricated housing market expects to pick up across Poland. Moreover, the ease of preparation and consent procedures are likely to boost the demand for prefabricated houses.
- The future of prefabricated construction looks stable, and the demand for modular systems is likely to grow. This is because people want to live in homes that are affordable, comfortable, and good for the environment.As the focus on turnkey solutions increases, prefabrication is witnessing steady growth in Poland. The increasing government spending on sustainable infrastructure development through continuous investment in energy-saving and environmentally sustainable assets boosts market demand for Polish construction and infrastructure companies.
- In developing economies where industrialization, urbanization, and fast population growth are happening, the prefabricated building market is expected to grow over the next few years. The prefabrication process of the building changed the entire construction industry. It is more efficient and can be completed 30-50% faster than traditional construction methods. Additionally, prefabricated construction will have ample opportunities to grow due to rising consumer preferences for green buildings and sustainable construction processes.
