The prefabricated building market is expected to grow at a CAGR of over 8% during the period 2019-2025
LENDLEASE CORP LTD S/ADR (LLESY)
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Source: PR Newswire
NEW YORK, April 7, 2020 /PRNewswire/ --Get an in-depth analysis of COVID-19 impact on the global prefabricated building market.The prefabricated building market is expected to grow at a CAGR of over 8% during the period 2019–2025.Read the full report: https://www.reportlinker.com/p05881113/?utm_source=PRN The prefabricated building market is likely to grow significantly due to the rise in infrastructure development and the growth in residential and commercial sectors. Prefab houses are affordable and can be built in less time, which is expected to positively influence the market in the APAC region due to the growing middle-class population and rapid urbanization. Prefab buildings are energy-efficient and high on sustainability. The increasing awareness of construction wastage on the environment has driven people worldwide to adopt the green buildings concept, which is expected to bolster the market, especially in developed regions. Government-sponsored initiatives in developing countr
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