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May 23, 2017

Refugee crisis to boost Germany’s prefabricated houses market

Refugee crisis to boost Germany’s prefabricated houses market

The German prefabricated houses market has maintained the momentum of recent years and registered a sales growth of 11.5% in 2016. The total market volume in the sector amounted to 3.94 billion Euros. Higher prices in the materials sector as well as an increase in sales of 3.2% were responsible for the double-digit sales growth. According to a study by Interconnection Consulting, the current issue with the refugees, which is closely related to a housing shortage, could give the industry further impetus and gradually end its niche position in the German construction industry.

The refugee crisis as an opportunity for the industry

The wave of refugees in Germany could lead to even greater growth in the industry. The current refugee crisis has great potential for the prefabricated construction industry, because refugees need safe houses. Another aspect which generates growth is the gradual rise in market shares of prefabricated houses throughout the construction industry. While the market share of the

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