The Canada modular construction market is anticipated to project a CAGR of 5.27% over the forecast period. The market growth of the country is mainly credited to factors such as the establishment of special economic zones, the rising investor interest in the real estate sector, and fast-paced rates of urbanization. While the base year considered for the market study is 2020, the estimated years are from 2021 to 2026.

CANADA MODULAR CONSTRUCTION MARKET FORECAST 2021-2026

Canada Modular Construction Market by Construction (Permanent, Re-locatable) Market by Materials (Steel, Concrete, Wood, Plastic) Market by Application (Commercial, Industrial/institutional, Residential)

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The Canada modular construction market is anticipated to project a CAGR of 5.27% over the forecast period. The market growth of the country is mainly credited to factors such as the establishment of special economic zones, the rising investor interest in the real estate sector, and fast-paced rates of urbanization. While the base year considered for the market study is 2020, the estimated years are from 2021 to 2026.canada-modular-construction-market

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The modular construction market in Canada has well-established commercial companies offering various construction modules. For instance, Tower Steel Buildings is a renowned provider and manufacturer of a wide range of prefabricated buildings. The prefabricated buildings they offer, entail fewer maintenance prices and are promptly put in with ease. Moreover, their structures are planned, designed, and created by using state-of-the-art and premium quality steel, in addition to the guidance of the initiation processed by experienced consultants.

On the other hand, Canada’s construction industry encompasses innovative ideas, novel technologies, and a distinguished workforce. As a result, these factors are set to play a pivotal role in augmenting the country’s modular construction market growth during the projected period.

Alta-Fab Structures, headquartered in Canada, provides diversified products for modular construction and caters to offsite, modular building solutions for commercial, residential, as well as industrial clients. The company’s manufacturing setup predominately concentrates on Western Canada. Moreover, its expertise lies in handling offsite construction solutions for the North, including 48 states in the United States and Alaska.

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    1. RESEARCH SCOPE & METHODOLOGY
      • STUDY OBJECTIVES
      • SCOPE OF STUDY
      • METHODOLOGY
      • ASSUMPTIONS & LIMITATIONS
    2. EXECUTIVE SUMMARY
      • MARKET SIZE & ESTIMATES
      • COUNTRY SNAPSHOT
      • COUNTRY ANALYSIS
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
    3. KEY ANALYTICS
      • IMPACT OF COVID-19 ON CANADA MODULAR CONSTRUCTION MARKET
      • KEY MARKET TRENDS
      • PORTER’S FIVE FORCES ANALYSIS
        • BUYERS POWER
        • SUPPLIERS POWER
        • SUBSTITUTION
        • NEW ENTRANTS
        • INDUSTRY RIVALRY
      • OPPORTUNITY MATRIX
      • REGULATORY FRAMEWORK
      • VALUE CHAIN ANALYSIS
      • PESTLE ANALYSIS
    4. MARKET BY CONSTRUCTION
      • PERMANENT
      • RE-LOCATABLE
    5. MARKET BY MATERIALS
      • STEEL
      • CONCRETE
      • WOOD
      • PLASTIC
    6. MARKET BY APPLICATION
      • COMMERCIAL
      • INDUSTRIAL/INSTITUTIONAL
      • RESIDENTIAL
    7. COMPETITIVE LANDSCAPE
      • KEY STRATEGIC DEVELOPMENTS
        • MERGERS & ACQUISITIONS
        • PRODUCT LAUNCHES & DEVELOPMENTS
        • PARTNERSHIPS & AGREEMENTS
        • BUSINESS EXPANSIONS AND DIVESTITURES
      • COMPANY PROFILES
        • ALTA-FAB STRUCTURES
        • ATCO
        • CHAMPION HOME BUILDERS
        • NRB MODULAR SOLUTIONS
        • STACK MODULAR

    LIST OF TABLES  

    TABLE 1: MARKET SNAPSHOT – CANADA MODULAR CONSTRUCTION

    TABLE 2: REGULATORY FRAMEWORK

    TABLE 3: CANADA MODULAR CONSTRUCTION MARKET, BY CONSTRUCTION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 4: CANADA MODULAR CONSTRUCTION MARKET, BY CONSTRUCTION, FORECAST YEARS, 2021-2026 (IN $ MILLION)

    TABLE 5: CANADA MODULAR CONSTRUCTION MARKET, BY MATERIAL, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 6: CANADA MODULAR CONSTRUCTION MARKET, BY MATERIAL, FORECAST YEARS, 2021-2026 (IN $ MILLION)

    TABLE 7: CANADA MODULAR CONSTRUCTION MARKET, BY APPLICATION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 8: CANADA MODULAR CONSTRUCTION MARKET, BY APPLICATION, FORECAST YEARS, 2021-2026 (IN $ MILLION)

    TABLE 9: LIST OF MERGERS & ACQUISITIONS

    TABLE 10: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS

    TABLE 11: LIST OF PARTNERSHIPS & AGREEMENTS

    TABLE 12: LIST OF BUSINESS EXPANSIONS & DIVESTITURES

    LIST OF FIGURES 

    FIGURE 1: KEY MARKET TRENDS

    FIGURE 2: PORTER’S FIVE FORCES ANALYSIS

    FIGURE 3: OPPORTUNITY MATRIX

    FIGURE 4: VALUE CHAIN ANALYSIS

    FIGURE 5: CANADA MODULAR CONSTRUCTION MARKET, GROWTH POTENTIAL, BY CONSTRUCTION, IN 2020

    FIGURE 6: CANADA MODULAR CONSTRUCTION MARKET, BY PERMANENT, 2021-2026 (IN $ MILLION)

    FIGURE 7: CANADA MODULAR CONSTRUCTION MARKET, BY RE-LOCATABLE, 2021-2026 (IN $ MILLION)

    FIGURE 8: CANADA MODULAR CONSTRUCTION MARKET, GROWTH POTENTIAL, BY MATERIAL, IN 2020

    FIGURE 9: CANADA MODULAR CONSTRUCTION MARKET, BY STEEL, 2021-2026 (IN $ MILLION)

    FIGURE 10: CANADA MODULAR CONSTRUCTION MARKET, BY CONCRETE, 2021-2026 (IN $ MILLION)

    FIGURE 11: CANADA MODULAR CONSTRUCTION MARKET, BY WOOD, 2021-2026 (IN $ MILLION)

    FIGURE 12: CANADA MODULAR CONSTRUCTION MARKET, BY PLASTIC, 2021-2026 (IN $ MILLION)

    FIGURE 13: CANADA MODULAR CONSTRUCTION MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2020

    FIGURE 14: CANADA MODULAR CONSTRUCTION MARKET, BY COMMERCIAL, 2021-2026 (IN $ MILLION)

    FIGURE 15: CANADA MODULAR CONSTRUCTION MARKET, BY INDUSTRIAL/INSTITUTIONAL, 2021-2026 (IN $ MILLION)

    FIGURE 16: CANADA MODULAR CONSTRUCTION MARKET, BY RESIDENTIAL, 2021-2026 (IN $ MILLION)

    1. MARKET BY CONSTRUCTION
      • PERMANENT
      • RE-LOCATABLE
    2. MARKET BY MATERIALS
      • STEEL
      • CONCRETE
      • WOOD
      • PLASTIC
    3. MARKET BY APPLICATION
      • COMMERCIAL
      • INDUSTRIAL/INSTITUTIONAL
      • RESIDENTIAL

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