| Study Period | 2020 - 2030 |
| Base Year For Estimation | 2024 |
| Forecast Data Period | 2025 - 2030 |
| Historical Data Period | 2020 - 2023 |
| CAGR | 5.00 % |
| 乐鱼体育官网 Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
South Africa Prefabricated Buildings 乐鱼体育官网 Analysis
The South Africa Prefabricated Buildings Industry is expected to register a CAGR of greater than 5% during the forecast period.
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- The industry's growth over the forecast period will be supported by government investments in transport, energy, residential, telecommunication, and industrial projects. Support from the government for businesses and Small and Medium Enterprises (SMEs) is expected to boost business confidence.
- The demand for hospitals and patient bed facilities based on prefabricated construction has significantly increased during the peak of the pandemic as this type of construction needs a very less amount of completion time. The high cost of logistics involved in prefabricated building construction is expected to hinder the growth of the 乐鱼体育官网.
South Africa Prefabricated Buildings 乐鱼体育官网 Trends
Government Initiatives Helping the Construction Industry
The construction industry's output has been severely affected by the COVID-19 pandemic. To help the economy recover from the crisis, in June 2020, the government announced a 10-year infrastructure investment plan worth 124.7 billion USD to invest in housing, energy, agriculture, transportation, and water, health facilities, and the digital infrastructure sector. The construction industry witnessed a slow but steady recovery in 2021 with Afrimat's construction index increasing by 2.8% in the third quarter of 2021.
Officials from the World Bank, African Development Bank (AfDB), and South African Development Bank (DBSA) have pledged to support infrastructure construction and are expected to create more than 1.8 million jobs in the next 10 years.
In another positive development, in October 2020, the government launched an ambitious 60 billion USD economic reconstruction and recovery plan, which has four priority interventions: basic investment in facilities, expanding energy production capacity, creating jobs to support livelihoods, and industrial growth. In October 2021, South Africa's president Cyril Ramaphosa announced plans to designate the Sedibeng area as an SEZ, with the SEZ expected to attract 99 investment opportunities worth USD 3 billion. The government's plans to expand the number of Special Economic Zones (SEZ) throughout the country will also help the industry grow.
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Impact on Labour Force in South Africa
In South Africa, the labor 乐鱼体育官网 has been severely affected by COVID-19. Except for essential services and emergency repairs and maintenance related to the health sector, all work on the construction site was suspended.
Global mass production closures, supply chain disruptions directly impacted Africa's access to industrial parts and manufactured goods. The construction industry has also suffered a considerable blow, as the Association of Builders reported that they are facing cash flow challenges due to construction shutdowns.
Many companies faced obstacles like contractual obligations, resource availability, deliverables, health and safety measures, and project delays or cancellations. Due to these conditions labor force decreased drastically. Many migrant workers left the country and went to their home country. Many construction projects delayed due to the shortage of labor force in the country.
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South Africa Prefabricated Buildings Industry Overview
The 乐鱼体育官网 is relatively fragmented as there are several international as well as domestic companies present in South Africa's prefabricated buildings 乐鱼体育官网. Companies are implementing effective production technologies to minimize product costs and reduce related risks. High capital requirements and rapid technological advancement are important barriers to entry for new participants.
Some suppliers are providing fully customized wooden prefabricated structures. The 乐鱼体育官网 is expected to grow during the forecast period due to the increase in the prefab construction building investments and upcoming major projects in the country and other factors that are driving the 乐鱼体育官网. Major players are Karmod Prefabricated Building Technologies, Kwikspace Modular Buildings Ltd., Cube Modular, Fabricated Steel Manufacturing, and Concretex.
South Africa Prefabricated Buildings 乐鱼体育官网 Leaders
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Karmod Prefabricated Building Technologies
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Kwikspace Modular Buildings Ltd.
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Cube Modular
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Fabricated Steel Manufacturing
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Concretex
- *Disclaimer: Major Players sorted in no particular order
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South Africa Prefabricated Buildings 乐鱼体育官网 News
October 2022: Sika acquired a majority stake in Index Construction Systems and Products. Index is a leading manufacturer of roofing and waterproofing systems based near Verona, Italy.
July 2022: SHAPE announces the acquisition of KLMSA, a modular construction company with over 30 years of experience in delivering modern, custom modular building solutions. Based in Victoria, KLMSA has a particular focus on the education and community infrastructure sectors.
South Africa Prefabricated Buildings Industry Segmentation
Prefabricated buildings (also known as prefabs) are the building structures manufactured offsite and transported to the on-site assembly location. This report covers 乐鱼体育官网 insights, such as 乐鱼体育官网 dynamics, drivers, restraints, opportunities, technological innovation, and its impact, porter's five forces analysis, and the impact of COVID-19 on the 乐鱼体育官网. In addition, the report also provides company profiles to understand the competitive landscape of the 乐鱼体育官网.
The South Africa Prefabricated Buildings Industry is segmented by Material Type (Concrete, Glass, Metal, Timber, and Other Material Types) and Application (Residential, Commercial, and Other Applications). The report offers 乐鱼体育官网 size and forecasts for the South Africa prefabricated buildings industry in value (USD billion) for all the above segments.
| By Material Type | Concrete |
| Glass | |
| Metal | |
| Timber | |
| Other Material Types | |
| By Application | Residential |
| Commercial | |
| Industrial |
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South Africa Prefabricated Buildings 乐鱼体育官网 Research FAQs
What is the current South Africa Prefabricated Buildings 乐鱼体育官网 size?
The South Africa Prefabricated Buildings 乐鱼体育官网 is projected to register a CAGR of greater than 5% during the forecast period (2025-2030)
Who are the key players in South Africa Prefabricated Buildings 乐鱼体育官网?
Karmod Prefabricated Building Technologies, Kwikspace Modular Buildings Ltd., Cube Modular, Fabricated Steel Manufacturing and Concretex are the major companies operating in the South Africa Prefabricated Buildings 乐鱼体育官网.
What years does this South Africa Prefabricated Buildings 乐鱼体育官网 cover?
The report covers the South Africa Prefabricated Buildings 乐鱼体育官网 historical 乐鱼体育官网 size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the South Africa Prefabricated Buildings 乐鱼体育官网 size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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South Africa Prefabricated Buildings Industry Report
Statistics for the 2025 South Africa Prefabricated Buildings Industry 乐鱼体育官网 share, size and revenue growth rate, created by Mordor Intelligence鈩� Industry Reports. South Africa Prefabricated Buildings Industry analysis includes a 乐鱼体育官网 forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
