Belgium Prefabricated Buildings Industry - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts 2020 - 2029
Market Report I 2024-02-17 I 150 Pages I Mordor Intelligence
The Belgium Prefabricated Buildings Industry is expected to grow from USD 0.99 billion in 2024 to USD 1.37 billion by 2029, at a CAGR of 6.65% during the forecast period (2024-2029).
Space constraints in big cities, high profitability, increased demand for high-end and customized buildings are the driving factors of the prefabricated buildings industry.
The COVID-19 pandemic has brought serious uncertainty to many suppliers and contractors in the Belgium construction industry. Due to the blockade, some construction companies were forced to close their projects, while others witnessed delays in their projects. Due to COVID-19, only a few general construction sites were open, and the productivity of these sites was near 20% of the total planned daily output level. However, unlike remote construction, traditional buildings require a lot of labor, so choosing prefabricated buildings has become the best solution to avoid the spread of diseases.
Steel is the most widely used material in prefabricated construction in Belgium owing to its proven strength and durability. Although the residential sector in the area dominates, the demand for prefabricated parts in the non-residential sector is slightly higher. This is because commercial spaces such as shopping malls and hospitals need to be built quickly. Due to its lightweight, ductility, and recyclability, steel structures are used in prefabricated buildings at a high rate. These reconstructions are highly recognized in the architectural field because they can absorb wind turbulence and provide high resilience during earthquakes.
Belgium Prefabricated Buildings Market Trends
Labour Costs in Belgium has increased in 2020
The construction market (supplier side) remains highly competitive and is saturated with sophisticated players. As a result, labor costs remain high and margins low for contractors, pushing general contractors to cut back on their own Belgian labor force and work more and more with foreign subcontractors. Labor costs consist of wages & salaries and non-wage costs (e.g. employers' social contributions). Due to COVID-19 restrictions and lockdown imposed by the government, there is a shortage of labor force in Belgium. The labor force is an essential factor for Belgium's housing construction market. Belgium's labor productivity improved by 1.83 % YoY in March 2021, compared with a drop of 4.02 % in the previous quarter. The country's labor force participation rate dropped to 68.47 % in December 2020.
Increase in demand for prefabricated houses in Belgium
There is an increase in demand for prefabricated houses in Belgium due to the increase in population and the increasing urbanization in the country. Belgium is Europe's most urbanized nation. In 2019, 98.04 percent of Belgium's total population lived in urban areas and cities. Due to the increase in the urban population in the country, there is demand for new residential houses. The urban population is increasing due to increasing job opportunities and the easy availability of sources in the urban areas.
Belgium has one city (region), Brussels, with a population of over 1.1 million. Other major cities are Antwerp (508,000 population), Ghent (249,000 population), Charleroi (204,000 population) and Liege (196,000 population). They are followed by a lot of medium-sized cities.
Belgium Prefabricated Buildings Industry Overview
Belgium's prefabricated building industry is relatively fragmented. Several domestic and international players are active in the Belgium prefabricated building industry. The competition is expected to intensify further with an increase in product extensions, technological innovations, and M&A. The market is expected to grow during the forecast period due to the increase in the prefabricated construction building investments and upcoming major projects in the country and other few factors are driving the market.
Companies are using eco-friendly materials and manufacturing techniques to differentiate their offerings from their competitors. The focus on energy efficiency has led to the adoption of energy-absorbing materials such as micro homes. Major players are Containex, Wanty Group, ALHO Systembau, Artes Group, and Mathieu Gijbels.
Additional Benefits:
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support
1 INTRODUCTION
1.1 Study Assumptions
1.2 Scope of the Study
2 RESEARCH METHODOLOGY
2.1 Analysis Methodology
2.2 Research Phases
3 EXECUTIVE SUMMARY
4 MARKET INSIGHTS
4.1 Current Market Scenario
4.2 Technological Trends
4.3 Insights on Supply Chain/Value Chain Analysis of the Prefabricated Buildings Industry
4.4 Brief on Different Structures Used in the Prefabricated Buildings Industry
4.5 Cost Structure Analysis of the Prefabricated Buildings Industry
4.6 Impact of COVID-19 on the Market
4.7 Insights on Different Types of Materials used in Prefabricated Buildings Construction
5 MARKET DYNAMICS
5.1 Drivers
5.2 Restraints
5.3 Opportunities
5.4 Porter's Five Forces Analysis
5.4.1 Bargaining Power of Suppliers
5.4.2 Bargaining Power of Consumers / Buyers
5.4.3 Threat of New Entrants
5.4.4 Threat of Substitute Products
5.4.5 Intensity of Competitive Rivalry
6 MARKET SEGMENTATION
6.1 By Application
6.1.1 Residential
6.1.2 Commercial
6.1.3 Industrial
7 COMPETITIVE LANDSCAPE
7.1 Overview
7.2 Company Profiles
7.2.1 Containex
7.2.2 Wanty Group
7.2.3 ALHO Systembau
7.2.4 Artes Group
7.2.5 Mathieu Gijbels
7.2.6 Altez Construction Group
7.2.7 Valcke Prefab Beton
7.2.8 Juri
7.2.9 Ibens
7.2.10 HUF Haus*
8 MARKET OPPORTUNITIES AND FUTURE TRENDS
9 APPENDIX
9.1 Marcroeconomic Indicators (GDP breakdown by sector, Contribution of construction to economy, etc.)
9.2 Key Production, Consumption,Exports & import statistics of construction Materials
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.