Italy Prefab Wood Buildings Market Size
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2020 - 2022 |
| CAGR | 5.00 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Italy Prefab Wood Buildings Market Analysis
- The Italy Prefab Wood Buildings Market is expected to grow at a CAGR of more than 5% during the forecast period driven by smart and self-sufficient housing construction.The market for prefabricated wood buildings is expanding and gaining popularity as more people become aware of the high levels of customization and quick construction timeframes that prefabricated housing offers. New prospects are opening up for the construction of different manufactured homes, modular homes, panelized homes, and precut homes thanks to smart technologies and effective green techniques.
- Future wood house construction activities are anticipated to rise reasonably, thanks to real estate investments and rising disposable income globally. Additionally, the negative effects of CO2 emissions from cement production have turned consumer attention to wood-frame construction. For instance, one of the two industries that produces the most CO2 is the cement business. Additionally, favourable government initiatives to reduce carbon emissions have promoted the building of wood houses, giving the market the boost it needs for the wood structures business.
- Italy actively supports timber building and wants to increase the percentage of multi-family homes in the country. In order to lessen the negative environmental effects of CO2 emissions from the construction industry, local governments and municipalities have their own policies, which directly affects the amount of wood used in new buildings' structural components. Currently, the structural weight-bearing system of 20% of the new multistory residential complexes is constructed of wood.
Italy Prefab Wood Buildings Market Trends
This section covers the major market trends shaping the Italy Prefab Wood Buildings Market according to our research experts:
Increase use of Bio-Based Materials for the Italian Construction Industry
All European areas have seen a growth in their consumption of forest products over the past 20 years, which has been helped in part by government initiatives that promoted the use of wood in the construction and remodelling industry by putting energy efficiency measures into place. With roughly 2.8% of the dwelling stock and 8.5% of the entire construction stock, wood-based preassembled components represent for the segment of this sector with the largest growth in Italy. Italy surpasses nations with a long history of using timber for construction, like Austria, Finland, France, and the Netherlands, to become the fourth player in Europe in the wooden building industry. Lombardy has the greatest concentration of wood construction businesses, followed by Veneto, Emilia Romagna, and Trentino Alto Adige.
Modular timber structures also enable the storage of a significant quantity of carbon into the structure (about 50% of the mass), particularly if based on substantial wooden elements (e.g., plywood, LVL panels, cross-laminated timber (CLT), etc.). These building technologies have a number of advantages that can be used in both new construction and renovation and retrofit of existing structures. The use of wood for building typically results in lower energy intensity and fossil-carbon emission when compared to other structural conventional materials, such as concrete.
Furthermore, a growing interest in wood-based products and their exceptional mechanical characteristics is causing a quick change in the Italian market. Industries that serve the Italian market attempt to achieve local production by concentrating manufacturing as much as they can within their own nation, in line with the new environmental trend. The demand for timber-framed panels for new building has been steadily rising over the past 10 years since they are a legitimate prefabricated alternative. In the EU, the building industry is responsible for about 40% of all primary energy use, with the residential market accounting for 63% of this total.
Italy is the key consumer of the prefabricated buildings
Wood dominates the prefabricated construction sector in Italy. As previously said, wood is an abundant, reasonably priced, and easily available resource in Italy. Additionally, it is more adaptable in terms of construction purposes and environmentally beneficial. Italy (29%, based on EUR), Germany (15%), and the UK (13%), which together accounted for close to 58% of EU prefabricated construction consumption, had the highest consumption rates. Italy (123.4 EUR/year) had one of the highest per capita consumption rates among the top consuming nations. As compared to the EU average of EUR 49.9 (USD 52.66) per year, it was much higher. The per capita consumption in Germany (48.0 EUR/year (USD 40.66/year)) and the UK (52.1 EUR/year (USD 54.99/year)) was comparable to the average per capita consumption in Europe.
The demand for prefabricated buildings from the commercial sector will rise with moderate economic growth as these structures have several benefits in terms of production technology, build quality, design, and style. When utilized for the speedy establishment of new stores, businesses that provide services, and other facilities. Italy was the main EU producer of prefabricated buildings, accounting for 27% of the EU's overall output with a production of around 7,379 million EUR (~USD 8 billion). Germany (14%), the UK (13%), France (8%), Sweden (7%), the Netherlands (4%), Spain (4%), and Austria (4%), in that order, came in second.
Wooden homes may play a role in Italy's eco-friendly future, according to the sector's performance in 2019, which saw a 2.3% growth in production and a total output of 1.35 billion euros (~USD 1.5 billion). In 2019, 3,300 wooden homes were constructed in Italy, with 7% of all building permits being granted. Additionally, internationalisation has increased, with 20% of exports topping EUR 60 million (USD 63.32 million).
Italy Prefab Wood Buildings Industry Overview
The market is fragmented, but it is likely to grow during the forecast period as prefab construction building investments and upcoming significant projects in various developing and developed countries increase. With an increase in product expansions, technical advances, and M&A, competition is projected to heat up significantly more.
The major players include Pagin Srl, Wood System International S.r.l., Leap Factory srl, CO.RI.MEC. Italiana S.p.A., Greenbuild Srl, X-LAM DOLOMITI SPA, A-FOLD Houses, Wolf Haus, WOODBETON SPA, and Elite Ecobuilding S.r.l.
Italy Prefab Wood Buildings Market Leaders
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Pagin Srl
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Wood System International S.r.l.
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Leap Factory srl
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CO.RI.MEC. Italiana S.p.A
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Greenbuild Srl
*Disclaimer: Major Players sorted in no particular order
Italy Prefab Wood Buildings Market News
- October 2022: The Sherwin-Williams Company announced an agreement to acquire Industria Chimica Adriatica S.p.A. (ICA), an Italian designer, manufacturer and distributor of industrial wood coatings used for kitchen cabinets, furniture and décor, building products, flooring and other specialty applications.
- January 2022: MoDus Architects complete stunning wood hotel transformation set against the Dolomite mountains. MoDus Architects has revamped Icaro Hotel as a stereometric volume in wood that quietly adds a new fragment to the built heritage of hospitality architecture of this unique protected area.
Italy Prefab Wood Buildings Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Market Definition and Scope
- 1.2 Study Assumptions
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS AND INSIGHTS
- 4.1 Market Overview
- 4.2 Market Drivers
- 4.3 Market Restraints
- 4.4 Market Opportunities
- 4.5 Value Chain / Supply Chain Analysis
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4.6 Industry Attractiveness - Porter's Five Force Analysis
- 4.6.1 Threat of New Entrants
- 4.6.2 Bargaining Power of Buyers/Consumers
- 4.6.3 Bargaining Power of Suppliers
- 4.6.4 Threat of Substitute Products
- 4.6.5 Intensity of Competitive Rivalry
- 4.7 Government Regulations and Initiatives
- 4.8 Technological Trends
- 4.9 Brief on Different Structures Used in the Prefabricated Buildings Industry
- 4.10 Cost Structure Analysis of the Prefabricated Buildings Industry
- 4.11 Impact of COVID-19 on the Market
5. MARKET SEGMENTATION
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5.1 Panel Systems
- 5.1.1 Cross-laminated timber (CLT) panels
- 5.1.2 Nail-laminated timber (NLT) panels
- 5.1.3 Dowel-laminated timber (DLT) panels
- 5.1.4 Glue-laminated timber (GLT) columns and beams
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5.2 Application
- 5.2.1 Single Family Residential
- 5.2.2 Multi-family Residential
- 5.2.3 Office
- 5.2.4 Hospitality
- 5.2.5 Others
6. COMPETITIVE LANDSCAPE
- 6.1 Market Concentration Overview
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6.2 Company Profiles
- 6.2.1 Pagin Srl
- 6.2.2 Wood System International S.r.l.
- 6.2.3 Leap Factory srl
- 6.2.4 CO.RI.MEC. Italiana S.p.A
- 6.2.5 Greenbuild Srl
- 6.2.6 X-LAM DOLOMITI SPA
- 6.2.7 A-FOLD Houses
- 6.2.8 WOODBETON SPA
- 6.2.9 Wolf Haus
- 6.2.10 Elite Ecobuilding S.r.l.*
- *List Not Exhaustive
7. FUTURE OF ITALY PREFAB WOOD BUILDINGS MARKET
8. APPENDIX
Italy Prefab Wood Buildings Industry Segmentation
Prefabricated wood construction kits, similar to life-sized Legos, are constructed out of prefabricated components that are supplied and installed on-site. This is most commonly accomplished by the use of prefabricated panels that may create complete portions of a building, such as roofing components or structure (ceiling, decking, and beams), building structure (wall panels, beams, columns, and shear paneling), and even glazing packages.
The Italy Prefab Wood Buildings Market is segmented By Panel Systems (Cross-laminated timber (CLT) panels, Nail-laminated timber (NLT) panels, Dowel-laminated timber (DLT) panels, and Glue-laminated timber (GLT) columns and beams), and By Application (Single Family Residential, Multi-family Residential, Office, Hospitality).
| Panel Systems | Cross-laminated timber (CLT) panels |
| Nail-laminated timber (NLT) panels | |
| Dowel-laminated timber (DLT) panels | |
| Glue-laminated timber (GLT) columns and beams | |
| Application | Single Family Residential |
| Multi-family Residential | |
| Office | |
| Hospitality | |
| Others |
Italy Prefab Wood Buildings Market Research FAQs
What is the current Italy Prefab Wood Buildings Market size?
The Italy Prefab Wood Buildings Market is projected to register a CAGR of greater than 5% during the forecast period (2024-2029)
Who are the key players in Italy Prefab Wood Buildings Market?
Pagin Srl, Wood System International S.r.l., Leap Factory srl, CO.RI.MEC. Italiana S.p.A and Greenbuild Srl are the major companies operating in the Italy Prefab Wood Buildings Market.
What years does this Italy Prefab Wood Buildings Market cover?
The report covers the Italy Prefab Wood Buildings Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Italy Prefab Wood Buildings Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Italy Prefab Wood Buildings Industry Report
Statistics for the 2024 Italy Prefab Wood Buildings market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Italy Prefab Wood Buildings analysis includes a market forecast outlook to (2024to2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
