The Saudi Arabia prefabricated building and structural steel market size reached a value of almost USD 1.97 Billion in the year 2024. The prefabricated building and structural steel market in the region is further expected to grow at a CAGR of 5.20% between 2025 and 2034 to reach a value of almost USD 3.27 Billion by 2034.
Base Year
Historical Year
Forecast Year
Value in USD Billion
2025-2034
Saudi Arabia Prefabricated Building and Structural Steel Market Outlook
*this image is indicative*
The prefabricated building and structural steel industry in Saudi Arabia is driven by the rising demand for urban housing. The industry is further invigorated by the increasing investments made by the government of Saudi Arabia in the alternate sources of income by introducing infrastructural projects, like Vision 2030 and the development of Jeddah Waterfront, NEOM City, and Entertainment City.
Prefabricated buildings are referred to as the structures that are manufactured off-site to be later transferred and assembled on the construction site. Structural steel, on the other hand, represents the basic framework wherein prefabricated parts are installed. These structures offer numerous advantages in comparison to traditionally constructed buildings, which include durability, ease of expansion, design flexibility, efficient material utilisation, weather resistance, minimal maintenance, and eco-friendly nature.
On the basis of product type, the prefabricated building industry is divided into:
On the basis of the component, the structural steel industry is divided into:
Presently, floors and roofs, and H-type beams hold the largest market share in their respective segments of the prefabricated building and structural steel industry in Saudi Arabia.
The prefabricated building and structural steel are segmented on the basis of the end-use sector into:
Amongst these, the residential sector represents a clear dominance in the industry due to rapid urbanization and the growing number of expatriates in the country.
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The Saudi Arabia prefabricated building and structural steel market is driven by the rising unavailability of affordable housing as the population is rising, along with the inflow of expatriates, which has created a demand for prefabricated homes in Saudi Arabia. The industry is further aided by the environment-friendly nature of prefabricated buildings as compared to conventionally constructed buildings, owing to nil production of any on-site waste or requirement for fuel for the machines, which emit harmful gases. This will also aid the industry growth of the prefabricated building and structural steel market in the forecast period. In addition to this, these materials are cost-effective, energy, and time-efficient, and easy to install, further leading to the industry growth.
The prefabricated building and structural steel industry in Saudi Arabia is finding impetus in the rising urbanisation and ongoing and upcoming infrastructural projects, which are expected to enhance the market growth for prefabricated structures during the forecast period. The industry may find hindrance due to factors like the lack of financing options and durability issues in Saudi Arabia.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report covers the macro and micro aspects of the industry by looking into the historical (2018-2024) and forecast (2025-2034) trends of each segment of the industry. The detailed report also provides an overview of the global and GCC markets.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2024, the prefabricated building and structural steel industry in Saudi Arabia attained a value of nearly USD 1.97 Billion.
In the forecast period of 2025-2034, the market is projected to grow at a CAGR of 5.20%.
By 2034, the industry is estimated to reach a value of about USD 3.27 Billion.
The major drivers of the market such as rising disposable incomes, expat population, growing demand for urban housing, and the rising investment by the government into infrastructural projects are expected to aid the market growth.
The key trends guiding the market include the environmental consciousness and the increasing construction of green buildings as well as the rising demand for affordable housing.
The major product types considered in the market report are floors and roof, walls, staircase, and panels and lintels, among others.
The various components of prefabricated building and structural steel are H-type beam, I-type beam, angels, and columns, among others.
The significant end uses of prefabricated building and structural steel are residential, institutional, commercial, and industrial.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2024 |
| Historical Period | 2018-2024 |
| Forecast Period | 2025-2034 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Saudi Arabia Prefabricated Building Market Breakup by Product Type |
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| Saudi Arabia Structural Steel Market Breakup by Component |
|
| Saudi Arabia Prefabricated Building and Structural Steel Market Breakup by End Use |
|
| Market Dynamics |
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| Competitive Landscape |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-723-689-1189
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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