PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1597555
PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1597555
India Prefabricated Buildings Market, By Type; By Material Type; By Application (Residential, Commercial, Others ); By Region, Trend Analysis, Competitive Landscape & Forecast, 2019-2030
India Prefabricated Buildings Market Steadily Expands to Surpass USD 22 Billion by 2030
India Prefabricated Buildings Market is flourishing due to an escalating demand from commercial and industrial sectors, coupled with rising environmental awareness and the government's favorable initiatives.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated India Prefabricated Buildings Market size by value at USD 15.24 billion in 2023. During the forecast period between 2024 and 2030, BlueWeave expects India Prefabricated Buildings Market size to expand at a CAGR of 5.88% reaching a value of USD 22.73 billion by 2030. The Prefabricated Buildings Market in India is propelled by rapid urbanization, supportive government policies, and the increasing demand for swift and cost-effective construction solutions is driving the growth of India's prefabricated building market. Prefabrication's inherent advantages in terms of accelerated timelines and quality enhancement resonate well with initiatives such as 'Housing for All' and the country's infrastructure development agenda. Industry leaders like Everest Industries, Epack Prefab, and Larsen & Toubro are expanding their production capacities to meet the burgeoning demand. Modular and hybrid construction methods are gaining popularity across various sectors, including residential, commercial, industrial, data centers, and tourism infrastructure. With India poised to become the world's third-largest construction market by 2025, prefabrication offers significant opportunities, although challenges such as land availability and regulatory approvals persist in regions outside major urban centers.
Opportunities - Increasing Demand for Housing in Expanding Urban Areas
An increasing demand for housing across the country's expanding urban areas presents significant growth opportunities for India Prefabricated Buildings Market. With rising needs for affordable housing, prefabricated homes offer sustainable and efficient solutions. Companies like Nest-In, a Tata Steel subsidiary, lead the way by employing prefabricated construction methods that reduce building time and enhance efficiency. By manufacturing components in controlled factory settings, these methods allow for quicker on-site assembly, crucial given high housing demand. Additionally, the trend toward sustainable construction is growing, as prefabricated buildings use eco-friendly materials and energy-efficient designs, addressing environmental concerns linked to traditional methods. Recent government policies promoting affordable housing have further opened avenues for prefabricated solutions, with a notable rise in the Prefabricated Building Index in response to these initiatives. As the industry increasingly adopts prefabricated buildings for their rapid construction and lower environmental impact, demand is expected to surge, reshaping India's construction landscape and addressing urban housing needs.
Steel Material Segment Holds Largest Market Share
The steel segment leads the India Prefabricated Buildings Market by material type. Within the broader "other materials" category, steel's strength, durability, and cost-effectiveness make it a preferred choice for pre-engineered structures, especially in developing economies. This material accelerates construction, reduces labor costs, and minimizes waste. Its versatility allows it to adapt to diverse applications, from warehouses and industrial facilities to commercial buildings, making it indispensable across the market.
Impact of Escalating Geopolitical Tensions on India Prefabricated Buildings Market
India Prefabricated Buildings Market may face significant challenges from intensifying geopolitical tensions across the world. Disruptions to global supply chains, particularly for critical materials like steel, aluminum, and specialized construction components, could lead to increased costs and project delays. Moreover, geopolitical uncertainties may deter foreign investments and partnerships, hindering the adoption of advanced prefabrication technologies. These challenges could impede the realization of rapid, cost-effective prefabricated construction across the country.
Competitive Landscape
India Prefabricated Buildings Market is fragmented, with numerous players serving the market. The key players dominating India Prefabricated Buildings Market include Everest Industries Limited, Satec Envir Engineering (India) Private Limited, Epack Prefab, Speed 4 Prefab Solutions Pvt Ltd, Balarka Fabricon Private Limited, Loom Crafts, Angath Exterior & Interior, Primex Building Systems, Champion Prefabs, and Interarch Building Products Pvt Ltd. The key marketing strategies adopted by the players are facility expansion, product diversification, alliances, collaborations, partnerships, and acquisitions to expand their customer reach and gain a competitive edge in the overall market.
The report's in-depth analysis provides information about growth potential, upcoming trends, and India Prefabricated Buildings Market statistics. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in India Prefabricated Buildings Market along with industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyses the growth drivers, challenges, and competitive dynamics of the market.
Table of Contents
1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Market Segmentation
2. Executive Summary
3. India Prefabricated Buildings Market Insights
- 3.1. Industry Value Chain Analysis
- 3.2. DROC Analysis
- 3.2.1. Growth Drivers
- 3.2.1.1. Growing adoption in commercial and industrial sectors
- 3.2.1.2. Increasing sustainability and environmental concerns
- 3.2.1.3. Government initiatives and regulations
- 3.2.2. Restraints
- 3.2.2.1. High initial investment
- 3.2.2.2. Transportation challenges related to large, prefabricated modules
- 3.2.3. Opportunities
- 3.2.3.1. Increasing demand for housing in urban areas
- 3.2.3.2. Infrastructure development in India
- 3.2.3.3. Innovations in materials, manufacturing processes, and design software
- 3.2.4. Challenges
- 3.2.4.1. High competition with traditional construction methods
- 3.2.4.2. Lack of skilled workers in the prefabricated construction industry
- 3.2.1. Growth Drivers
- 3.3. Technological Advancements/Recent Developments
- 1.1. Regulatory Framework
- 1.2. Porter's Five Forces Analysis
- 1.2.1. Bargaining Power of Suppliers
- 1.2.2. Bargaining Power of Buyers
- 1.2.3. Threat of New Entrants
- 1.2.4. Threat of Substitutes
- 1.2.5. Intensity of Rivalry
2. India Prefabricated Buildings Market: Marketing Strategies
3. India Prefabricated Buildings Market: Pricing Analysis
4. India Prefabricated Buildings Market Overview
- 4.1. Market Size & Forecast, 2019-2030
- 4.1.1. By Value (USD Billion)
- 4.2. Market Share and Forecast
- 4.2.1. By Type
- 4.2.1.1. Skeleton System
- 4.2.1.2. Panel System
- 4.2.1.3. Cellular System
- 4.2.1.4. Combined System
- 4.2.2. By Material Type
- 4.2.2.1. Concrete
- 4.2.2.2. Glass
- 4.2.2.3. Metal
- 4.2.2.4. Timber
- 4.2.2.5. Other Materials (Steel, Wood, Composites)
- 4.2.3. By Application
- 4.2.3.1. Residential
- 4.2.3.2. Commercial
- 4.2.3.3. Others (Industrial, Institutional, Infrastructure)
- 4.2.4. By Region
- 4.2.4.1. North India
- 4.2.4.2. South India
- 4.2.4.3. East India
- 4.2.4.4. West India
- 4.2.1. By Type
5. North India Prefabricated Buildings Market Overview
- 5.1. Market Size & Forecast, 2019-2030
- 5.1.1. By Value (USD Billion)
- 5.2. Market Share & Forecast
- 5.2.1. By Type
- 5.2.2. By Material Type
- 5.2.3. By Application
6. South India Prefabricated Buildings Market Overview
- 6.1. Market Size & Forecast, 2019-2030
- 6.1.1. By Value (USD Billion)
- 6.2. Market Share & Forecast
- 6.2.1. By Type
- 6.2.2. By Material Type
- 6.2.3. By Application
7. East India Prefabricated Buildings Market Overview
- 7.1. Market Size & Forecast, 2019-2030
- 7.1.1. By Value (USD Billion)
- 7.2. Market Share & Forecast
- 7.2.1. By Type
- 7.2.2. By Material Type
- 7.2.3. By Application
8. West India Prefabricated Buildings Market Overview
- 8.1. Market Size & Forecast, 2019-2030
- 8.1.1. By Value (USD Billion)
- 8.2. Market Share & Forecast
- 8.2.1. By Type
- 8.2.2. By Material Type
- 8.2.3. By Application
9. Competitive Landscape
- 9.1. List of Key Players and Their Offerings
- 9.2. India Prefabricated Buildings Market Share Analysis, 2023
- 9.3. Competitive Benchmarking, By Operating Parameters
- 9.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
10. Impact of Escalating Geopolitical Tensions on India Prefabricated Buildings Market
11. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
- 11.1. Everest Industries Limited
- 11.2. Satec Envir Engineering (India) Private Limited
- 11.3. Epack Prefab
- 11.4. Speed 4 Prefab Solutions Pvt. Ltd
- 11.5. Balarka Fabricon Private Limited
- 11.6. Loom Crafts
- 11.7. Angath Exterior & Interior
- 11.8. Primex Building Systems
- 11.9. Champion Prefabs
- 11.10. Interarch Building Products Pvt Ltd
- 11.11. Other Prominent Players
12. Key Strategic Recommendations
13. Research Methodology
- 13.1. Qualitative Research
- 13.1.1. Primary & Secondary Research
- 13.2. Quantitative Research
- 13.3. Market Breakdown & Data Triangulation
- 13.3.1. Secondary Research
- 13.3.2. Primary Research
- 13.4. Breakdown of Primary Research Respondents, By Region
- 13.5. Assumptions & Limitations
*Financial information of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable
List of Figures
- Figure 1 India Prefabricated Buildings Market Segmentation
- Figure 2 India Prefabricated Buildings Market Value Chain Analysis
- Figure 3 Company Market Share Analysis, 2023
- Figure 4 India Prefabricated Buildings Market Size, By Value (USD Billion), 2019-2030
- Figure 5 India Prefabricated Buildings Market Share, By Type, By Value (USD Billion) 2019-2030
- Figure 6 India Prefabricated Buildings Market Share, By Material Type, By Value (USD Billion) 2019-2030
- Figure 7 India Prefabricated Buildings Market Share, By Application, By Value (USD Billion) 2019-2030
- Figure 8 India Prefabricated Buildings Market Share, By Region, By Value (USD Billion) 2019-2030
- Figure 9 North India Prefabricated Buildings Market Size, By Value (USD Billion), 2019-2030
- Figure 10 North India Prefabricated Buildings Market Share, By Type, By Value (USD Billion) 2019-2030
- Figure 11 North India Prefabricated Buildings Market Share, By Material Type, By Value (USD Billion) 2019-2030
- Figure 12 North India Prefabricated Buildings Market Share, By Application, By Value (USD Billion) 2019-2030
- Figure 13 South India Prefabricated Buildings Market Size, By Value (USD Billion), 2019-2030
- Figure 14 South India Prefabricated Buildings Market Share, By Type, By Value (USD Billion) 2019-2030
- Figure 15 South India Prefabricated Buildings Market Share, By Material Type, By Value (USD Billion) 2019-2030
- Figure 16 South India Prefabricated Buildings Market Share, By Application, By Value (USD Billion) 2019-2030
- Figure 17 East India Prefabricated Buildings Market Size, By Value (USD Billion), 2019-2030
- Figure 18 East India Prefabricated Buildings Market Share, By Type, By Value (USD Billion) 2019-2030
- Figure 19 East India Prefabricated Buildings Market Share, By Material Type, By Value (USD Billion) 2019-2030
- Figure 20 East India Prefabricated Buildings Market Share, By Application, By Value (USD Billion) 2019-2030
- Figure 21 West India Prefabricated Buildings Market Size, By Value (USD Billion), 2019-2030
- Figure 22 West India Prefabricated Buildings Market Share, By Type, By Value (USD Billion) 2019-2030
- Figure 23 West India Prefabricated Buildings Market Share, By Material Type, By Value (USD Billion) 2019-2030
- Figure 24 West India Prefabricated Buildings Market Share, By Application, By Value (USD Billion) 2019-2030
List of Tables
- Table 1 India Prefabricated Buildings Market Size, By Value (USD Billion), 2019-2030
- Table 2 India Prefabricated Buildings Market Share, By Type, By Value (USD Billion) 2019-2030
- Table 3 India Prefabricated Buildings Market Share, By Material Type, By Value (USD Billion) 2019-2030
- Table 4 India Prefabricated Buildings Market Share, By Application, By Value (USD Billion) 2019-2030
- Table 5 India Prefabricated Buildings Market Share, By Region, By Value (USD Billion) 2019-2030
- Table 6 North India Prefabricated Buildings Market Size, By Value (USD Billion), 2019-2030
- Table 7 North India Prefabricated Buildings Market Share, By Type, By Value (USD Billion) 2019-2030
- Table 8 North India Prefabricated Buildings Market Share, By Material Type, By Value (USD Billion) 2019-2030
- Table 9 North India Prefabricated Buildings Market Share, By Application, By Value (USD Billion) 2019-2030
- Table 10 South India Prefabricated Buildings Market Size, By Value (USD Billion), 2019-2030
- Table 11 South India Prefabricated Buildings Market Share, By Type, By Value (USD Billion) 2019-2030
- Table 12 South India Prefabricated Buildings Market Share, By Material Type, By Value (USD Billion) 2019-2030
- Table 13 South India Prefabricated Buildings Market Share, By Application, By Value (USD Billion) 2019-2030
- Table 14 East India Prefabricated Buildings Market Size, By Value (USD Billion), 2019-2030
- Table 15 East India Prefabricated Buildings Market Share, By Type, By Value (USD Billion) 2019-2030
- Table 16 East India Prefabricated Buildings Market Share, By Material Type, By Value (USD Billion) 2019-2030
- Table 17 East India Prefabricated Buildings Market Share, By Application, By Value (USD Billion) 2019-2030
- Table 18 West India Prefabricated Buildings Market Size, By Value (USD Billion), 2019-2030
- Table 19 West India Prefabricated Buildings Market Share, By Type, By Value (USD Billion) 2019-2030
- Table 20 West India Prefabricated Buildings Market Share, By Material Type, By Value (USD Billion) 2019-2030
- Table 21 West India Prefabricated Buildings Market Share, By Application, By Value (USD Billion) 2019-2030
- Table 22 Everest Industries Limited Company Overview
- Table 23 Everest Industries Limited Financial Overview
- Table 24 Satec Envir Engineering (India) Private Limited Company Overview
- Table 25 Satec Envir Engineering (India) Private Limited Financial Overview
- Table 26 Epack Prefab Company Overview
- Table 27 Epack Prefab Financial Overview
- Table 28 Speed 4 Prefab Solutions Pvt. Ltd Company Overview
- Table 29 Speed 4 Prefab Solutions Pvt. Ltd Financial Overview
- Table 30 Balarka Fabricon Private Limited Company Overview
- Table 31 Balarka Fabricon Private Limited Financial Overview
- Table 32 Loom Crafts Company Overview
- Table 33 Loom Crafts Financial Overview
- Table 34 Angath Exterior & Interior Company Overview
- Table 35 Angath Exterior & Interior Financial Overview
- Table 36 Primex Building Systems Company Overview
- Table 37 Primex Building Systems Financial Overview
- Table 38 Champion Prefabs Company Overview
- Table 39 Champion Prefabs Financial Overview
- Table 40 Interarch Building Products Pvt Ltd Company Overview
- Table 41 Interarch Building Products Pvt Ltd Financial Overview
