Brazil Modular Construction Market Size & Outlook
Brazil modular construction market, 2018-2030 (US$M)
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Brazil modular construction market highlights
- The Brazil modular construction market generated a revenue of USD 556.5 million in 2022 and is expected to reach USD 898.3 million by 2030.
- The Brazil market is expected to grow at a CAGR of 6.2% from 2023 to 2030.
- In terms of segment, permanent was the largest revenue generating product in 2022.
- Permanent is the most lucrative product segment registering the fastest growth during the forecast period.
Modular construction market data book summary
| Market revenue in 2022 | USD 556.5 million |
| Market revenue in 2030 | USD 898.3 million |
| Growth rate | 6.2% (CAGR from 2022 to 2030) |
| Largest segment | Permanent |
| Fastest growing segment | Permanent |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Relocatable, Permanent |
| Key market players worldwide | Sekisui House Ltd, Bouygues, Skanska AB ADR, Lendlease Group, Laing O'Rourke, Red Sea International, Premier Modular, KLEUSBERG, Dubox, CIMC Modular Building Systems, Modulaire Group, Guerdon Modular Buildings, Hickory Group International |
Other key industry trends
- In terms of revenue, Brazil accounted for 0.6% of the global modular construction market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil modular construction market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 898.3 million by 2030.
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Modular Construction Market Scope
Modular Construction Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil modular construction market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to modular construction market will help companies and investors design strategic landscapes.
Permanent was the largest segment with a revenue share of 68.64% in 2022. Horizon Databook has segmented the Brazil modular construction market based on relocatable, permanent covering the revenue growth of each sub-segment from 2018 to 2030.
The rising number of COVID-19 cases in the country and the unwillingness of the Brazilian government to impose lockdowns had been major hindrances to the country’s economic revival. The COVID-19 pandemic hit the country at a time when it was recovering from the 2016 recession. To facilitate growth, the government provided a stimulus of USD 156.8 billion for social assistance.
The growth of the construction sector in Brazil has been stagnant for the past few years on account of restricted credit supply, increasing economic recession, and declining demand from residential and nonresidential building segments.
In addition, the corruption scandal by Petrobras had a negative impact on the country's major construction companies due to delays in several projects, which triggered sales of emergency assets and postponed investments.
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Our clientele includes a mix of modular construction market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil modular construction market , including forecasts for subscribers. This country databook contains high-level insights into Brazil modular construction market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil modular construction market size, by product, 2018-2030 (US$M)
Brazil Modular Construction Market Outlook Share, 2022 & 2030 (US$M)
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