Multifamily Modular and Prefabricated Housing Construction Global Market Report 2020-30: COVID-19 Growth and Change
The global multifamily modular and prefabricated housing construction market is expected to decline from $21.13 billion in 2019 to $18.79 billion in 2020 at a compound annual growth rate (CAGR) of -11.1%.
- The global multifamily modular and prefabricated housing construction market is expected to decline from $21.13 billion in 2019 to $18.79 billion in 2020 at a compound annual growth rate (CAGR) of -11.1%.
- The multifamily modular and prefabricated housing construction market consists of sales revenue earned by companies that are engaged in the construction of multifamily modular and prefabricated homes.
- The benefits associated with modular construction is projected to contribute to the growth of the multifamily modular and prefabricated housing construction market.
- Therefore, advantages associated with the modular and prefabricated construction are anticipated to increase the focus of multinational construction companies on modular housing construction, generating higher revenue for the multifamily modular and prefabricated housing construction market during the forecast period.