GCC Prefabricated Housing Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

GCC Prefabricated Housing Market is segmented by type (single family and multifamily) and by geography (Saudi Arabia, the United Arab Emirates, Qatar, and the Rest of the GCC). The report offers market size and forecast for the GCC prefabricated housing market in terms of value (USD billion) for all the above segments.

GCC Prefabricated Housing Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

GCC Prefabricated Housing Market Size

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GCC Prefabricated Housing Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Market Size (2025) USD 14.68 Billion
Market Size (2030) USD 23.25 Billion
CAGR (2025 - 2030) 9.63 %
Market Concentration Low

Major Players

GCC Prefabricated Housing Market Major Players

*Disclaimer: Major Players sorted in no particular order

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GCC Prefabricated Housing Market Analysis

The GCC Prefabricated Housing Market size is estimated at USD 14.68 billion in 2025, and is expected to reach USD 23.25 billion by 2030, at a CAGR of 9.63% during the forecast period (2025-2030).

  • The market is growing because the government has strong plans for economic diversification. These plans include developing and diversifying the economy and releasing its growth potential. The ultimate goal is to promote development and competitiveness by increasing government spending on key non-oil sectors and encouraging private investments. The market is driven by the increasing construction activities across the region and the lack of affordable housing for migrants working on ongoing development projects in the GCC region.
  • The COVID-19 outbreak had a big effect on the industry of building prefabricated homes in the GCC. The pandemic impacted growth across key sectors over the short to medium term, and recovery was expected to be slow. The spread of COVID-19 hit the prefabricated housing construction industry in Kuwait very hard. In 2020, the number of building permits wills dropped by 40%. Official data showed permits for private residential buildings dipped by around 46% in the first 10 months of 2020, as compared with the same period in 2019.
  • There aren't enough affordable homes being built in Saudi Arabia because the country's population is growing, and more people are moving there. This has encouraged the demand for prefabricated homes, as they are cost-effective and time-efficient. Moreover, energy efficiency, design flexibility, and faster completion are some of the other advantages of prefabricated buildings, which are anticipated to drive market growth.

GCC Prefabricated Housing Industry Overview

The GCC prefabricated housing market is fragmented. There are several international and domestic companies present in the GCC prefabricated housing market. The market is expected to grow during the forecast period due to the increase in prefabrication building investments and upcoming major projects in the country, among other factors that are driving the market. High capital requirements and rapid technological advancements are important barriers to entry for new participants.

During the forecast period, there are chances for growth in the market, which is likely to drive competition in the market. Major players are Strabag Dubai LLC, Extra Co. Group of Companies, Albaddad International, Speed House Group of Companies, and Exeed Precast.

GCC Prefabricated Housing Market Leaders

  1. Strabag Dubai LLC

  2. Albaddad International

  3. Speed House Group of Companies

  4. Exeed Precast

  5. Extra Co. Group of Companies

  6. *Disclaimer: Major Players sorted in no particular order
GCC Prefabricated Housing Market Concentration
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GCC Prefabricated Housing Market News

  • June 2023: Saudi Arabia's Red Sea International Co. acquired a 51% stake in local construction firm Fundamental Installation for Electric Work Co. Ltd. (First Fix) for a total transaction value of 544.2 million (USD 145 million).
  • May 2022: Saudi Giga projected a merger to create a new development powerhouse. Saudi Arabia's Public Investment Fund (PIF) combined two big projects, with The Red Sea Development Company (TRSDC) having taken over Amaala under a single new entity, which will be soon known as Red Sea Global.

GCC Prefabricated Housing Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

  • 2.1 Analysis Methodology
  • 2.2 Research Phases

3. EXECUTIVE SUMMARY

4. MARKET INSIGHTS

  • 4.1 Current Market Scenario
  • 4.2 Technological Trends
  • 4.3 Insights on Supply Chain/Value Chain Analysis of the Prefabricated Housing Industry
  • 4.4 Cost Structure Analysis of the Prefabricated Housing Industry
  • 4.5 Impact of COVID-19 on the Market
  • 4.6 Insights on Different Types of Materials Used in Prefabricated Housing Construction

5. MARKET DYNAMICS

  • 5.1 Drivers
    • 5.1.1 Increasing Demand of prefabricated Housing in GCC
    • 5.1.2 Government Initiatives Driving the Construction
  • 5.2 Restraints
    • 5.2.1 Low construction tolerance, supplier dependance and expensive development
  • 5.3 Opportunities
  • 5.4 Industry Attractiveness - Porter's Five Forces Analysis
    • 5.4.1 Bargaining Power of Suppliers
    • 5.4.2 Bargaining Power of Consumers/Buyers
    • 5.4.3 Threat of New Entrants
    • 5.4.4 Threat of Substitute Products
    • 5.4.5 Intensity of Competitive Rivalry

6. MARKET SEGMENTATION

  • 6.1 By Type
    • 6.1.1 Single Family
    • 6.1.2 Multi Family
  • 6.2 By Country
    • 6.2.1 Saudi Arabia
    • 6.2.2 United Arab Emirates
    • 6.2.3 Qatar
    • 6.2.4 Rest of GCC

7. COMPETITIVE LANDSCAPE

  • 7.1 Overview (Market Concentration) and Major Players
  • 7.2 Company Profiles
    • 7.2.1 Strabag Dubai LLC
    • 7.2.2 Extra Co Group of Companies
    • 7.2.3 Albaddad International
    • 7.2.4 Speed House Group of Companies
    • 7.2.5 Exeed Precast
    • 7.2.6 Memaar Building Systems (MBS)
    • 7.2.7 Dubox
    • 7.2.8 Bawan Metal Industries Co.
    • 7.2.9 Specialist Services Group
    • 7.2.10 Red Sea International*
  • *List Not Exhaustive

8. MARKET OPPORTUNITIES AND FUTURE TRENDS

9. APPENDIX

  • 9.1 Macroeconomic Indicators (GDP Breakdown by Sector, Contribution of Construction to Economy, etc.)
  • 9.2 Key Production, Consumption, Exports, and Import Statistics of Construction Materials
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GCC Prefabricated Housing Industry Segmentation

Prefabricated homes, often referred to as prefab homes, are primarily manufactured in advance off-site, then delivered and assembled on-site.

A comprehensive background analysis of the GCC prefabricated housing market, covering the current market trends, restraints, technological updates, and detailed information on various segments and the competitive landscape of the industry. The impact of COVID-19 has also been incorporated and considered during the study.

The GCC prefabricated housing market is segmented by type (single family and multifamily) and by geography (Saudi Arabia, the United Arab Emirates, Qatar, and the Rest of the GCC). 

The report offers market size and forecasts for the GCC prefabricated housing market in terms of value (USD) for all the above segments.

By Type Single Family
Multi Family
By Country Saudi Arabia
United Arab Emirates
Qatar
Rest of GCC
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GCC Prefabricated Housing Market Research FAQs

How big is the GCC Prefabricated Housing Market?

The GCC Prefabricated Housing Market size is expected to reach USD 14.68 billion in 2025 and grow at a CAGR of 9.63% to reach USD 23.25 billion by 2030.

What is the current GCC Prefabricated Housing Market size?

In 2025, the GCC Prefabricated Housing Market size is expected to reach USD 14.68 billion.

Who are the key players in GCC Prefabricated Housing Market?

Strabag Dubai LLC, Albaddad International, Speed House Group of Companies, Exeed Precast and Extra Co. Group of Companies are the major companies operating in the GCC Prefabricated Housing Market.

What years does this GCC Prefabricated Housing Market cover, and what was the market size in 2024?

In 2024, the GCC Prefabricated Housing Market size was estimated at USD 13.27 billion. The report covers the GCC Prefabricated Housing Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the GCC Prefabricated Housing Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

GCC Prefabricated Housing Industry Report

Statistics for the 2025 GCC Prefabricated Housing market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. GCC Prefabricated Housing analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.