5 Trends within the Panelised Building Market
Following the release of our UK Panelised Modular Building Systems Market Report, we’ve asked the editor of the report, Abdul Tantouch, to highlight key facts from the report.
5 UK Panelised Modular Market Trends & Highlights
The UK market was estimated to be worth around £1.1 billion in 2022, showing robust growth in demand.
Significant public sector initiatives are driving the demand for modular construction. These initiatives highlight the need for modern construction methods in the delivery of new buildings.
Studies show that the embodied carbon in modular buildings can be up to 90% lower than traditionally built buildings.
The market encompasses a wide range of applications, with each catering to different needs and sectors.
Despite the growth, the market faces challenges such as skills shortages, material price trends, and inflation. Additionally, there’s a historical stigma concerning the build quality of offsite housing, impacting its wider adoption.
Panelised Modular Building Systems Market Report: Analysis, Forecasting, Market Size, Share, and More
The 9th edition of the UK Panelised Modular Building Systems Market Report provides an up-to-date review of this complex market and includes a review of the recent market trends and sector developments.
Key issues covered within the report include various critical aspects including the UK market’s valuation at £1.1 billion, government-led initiatives bolstering demand and sustainability benefits of modular systems.
It also addresses challenges like skills shortages and inflation impacts, offering a well-rounded view of the industry.
Other areas of interest:
- An analysis of diverse applications in sectors
- Review of key players in the market, operations, and activity within the market
- Exploration of the market’s distribution channels and supply chain dynamics
- Product sector market sizing and forecasts up to and including 2026 trends within the product group.
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