Vietnam Prefabricated Buildings Market Size Analysis - Market Share, Forecast Trends and Outlook Report (2025-2034)

Vietnam Prefabricated Buildings Market Growth

Vietnam's economy has changed dramatically over the past three decades, with 37.55% of the population expected to live in towns and cities in 2022 as a result of extensive economic reforms and a quick structural shift from an economy based on agriculture to one based on industrial developments. Moreover, as of the year 2021, there exist a total of 868 urban areas, comprising of 2 special type urban areas, 22 type I urban areas, 33 type II urban areas, 47 type III urban areas, 90 type IV urban areas, and 674 class V urban areas. This has resulted in the application of various construction methods including prefabricated buildings, which consequently drives up the Vietnam prefabricated buildings market share.

Progress in construction technology, including enhanced design software, automated manufacturing, and the use of advanced materials, is raising the quality and appeal of prefabricated structures. These innovations help shorten construction time, minimise waste, and improve the overall functionality of buildings, consequently driving up the market growth.

As per the Vietnam prefabricated buildings market analysis, progress in design software, automation, and manufacturing technologies has enhanced the efficiency and flexibility of prefabrication. Building Information Modelling (BIM) allows for accurate planning and coordination of prefabricated elements, leading to increased efficiency and decreased errors. Prefabrication usually results in less waste when compared to conventional construction methods due to the precise use of materials and controlled manufacturing settings. Prefabricated structures frequently feature energy-efficient designs and materials, minimising their environmental footprint during construction and over their lifespan.

Key Trends and Developments

Vietnam Prefabricated Buildings Market Trends

Prefabricated construction is increasingly favoured in residential and large-scale commercial projects owing to its cost-effectiveness and shorter construction timelines. In Vietnam, the push for sustainable building practices has led to a growing demand for environmentally friendly prefabricated materials, which minimise waste and reduce carbon emissions, leading to the Vietnam prefabricated buildings market expansion. Advances in prefabrication technology, such as 3D printing and modular construction methods, are improving the quality, adaptability, and design potential of prefabricated buildings. The Vietnamese government is making significant investments in infrastructure initiatives, including airports and highways, where the use of prefabricated materials is prevalent due to their efficiency.

Vietnam Prefabricated Buildings Industry Segmentation

Vietnam Prefabricated Buildings Market Share

Based on application, the market is segmented into industrial, commercial, and residential. The industrial segment is projected to dominate the market, representing a CAGR of 5.4%. Large production plants that support a variety of manufacturing processes can be swiftly and effectively constructed using prefabricated buildings, leading to the Vietnam prefabricated buildings market expansion. Construction schedules are greatly shortened by prefabrication, enabling enterprises to start up more quickly. Additionally, prefabricated structures act as distribution centres, streamlining the dispatch and storage processes.

Leading Companies in the Vietnam Prefabricated Buildings Market

Market players are focusing on adopting sustainable building practices and adoption of cutting-edge technologies to improve Vietnam prefabricated buildings market outlook.

Zamil Steel Buildings Vietnam Co. Ltd.

Established in 1997, Zamil Steel Buildings Vietnam Co. Ltd. is in Ho Chi Minh City. The company focuses on the provision of pre-engineered steel buildings and has established a significant foothold in the industrial and commercial construction sectors of Vietnam.

DTH Prefab

Founded in 2009, DTH Prefab operates from Hanoi, Vietnam. This company is recognised as a leading producer of ...

Dai Dung Corp.

Dai Dung Corporation, which was established in 1995 and is based in Ho Chi Minh City, plays a pivotal role in ...

TLC Modular

Founded in 1995 and headquartered in Ho Chi Minh City, TLC Modular is dedicated to modular construction, offer...

*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*

Other major players in the market are Lien Son Thang Long Joint Stock Company, Steel Buildings and Equipment Industries JSC, QH Plus Corp., and Tran Duc Corp., among others.