Canada Modular Construction Market Size & Outlook, 2026-2033
Global Market
Related Markets
Canada modular construction market highlights
- The Canada modular construction market generated a revenue of USD 2,242.6 million in 2025 and is expected to reach USD 3,558.2 million by 2033.
- The Canada market is expected to grow at a CAGR of 6% from 2026 to 2033.
- In terms of segment, permanent was the largest revenue generating type in 2025.
- Permanent is the most lucrative type segment registering the fastest growth during the forecast period.
Modular construction market data book summary
| Market revenue in 2025 | USD 2,242.6 million |
| Market revenue in 2033 | USD 3,558.2 million |
| Growth rate | 6% (CAGR from 2026 to 2033) |
| Largest segment | Permanent |
| Fastest growing segment | Permanent |
| Historical data | 2021 - 2024 |
| Base year | 2025 |
| Forecast period | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Relocatable, Permanent |
| Key market players worldwide | Sekisui House Ltd, Bouygues, Skanska AB ADR, Lendlease Group, Laing O'Rourke, Red Sea International, Premier Modular, KLEUSBERG, Dubox, CIMC Modular Building Systems, Modulaire Group, Guerdon Modular Buildings, Hickory Group International |
Other key industry trends
- In terms of revenue, Canada accounted for 2.0% of the global modular construction market in 2025.
- Country-wise, China is expected to lead the global market in terms of revenue in 2033.
- In North America, U.S. modular construction market is projected to lead the regional market in terms of revenue in 2033.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 24,862.7 million by 2033.
A significant resurgence in modular construction sector was observed across Canada due to technological development and advancements. According to Modular Building Institute (MBI), there are approximately 45 modular construction companies in Canada, fabricating for a variety of sectors including residential, commercial, educational, healthcare, and industrial.
In 2019, the total nonresidential modular construction market generated USD 21.80 billion, up from USD 20.18 billion in 2018, which excludes single-family residential and engineering (bridges, highways, & infrastructure).
The growth of modular construction sector in Canada is driven by the increase in new education startups, office constructions, and new multifamily construction projects. Industrial workforce housing sector is one of the most important end-use market for modular construction in Canada. The modular industry provides temporary workforce housing solutions in remote areas where the energy sector is active.
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Publish Date: Dec 09, 2025
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Modular Construction Market Scope
Modular Construction Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Bouygues | View profile | 147,446 | 32 avenue Hoche, Paris, France, 75008 | www.bouygues.com |
| Sekisui House Ltd | View profile | 29,932 | Tower East Umeda Sky Building, 1-88 Oyodonaka 1-chome, Kita-ku, Osaka, Japan, 531-0076 | www.sekisuihouse.co.jp |
| Skanska AB ADR | View profile | 26,126 | Warfvinges vag 25, Stockholm, Sweden, 112 74 | www.group.skanska.com |
| Lendlease Group | View profile | 10,825 | Level 14, Tower Three, 300 Barangaroo Avenue, International Towers Sydney, Exchange Place, Barangaroo, Sydney, NSW, Australia, 2000 | www.lendlease.com |
| Laing O'Rourke | View profile | 10001+ | Dartford, Kent, United Kingdom, Europe | www.laingorourke.com/ |
| Red Sea International | View profile | - | Jeddah, Makkah, Saudi Arabia, Asia | redseaintl.com |
| Premier Modular | View profile | 251-500 | Brandesburton, East Riding of Yorkshire, United Kingdom, Europe | www.premiermodular.co.uk/ |
| KLEUSBERG | View profile | 51-100 | Wissen, Rheinland-Pfalz, Germany, Europe | www.kleusberg.de/ |
| Dubox | View profile | 11-50 | Dubai, Dubai, United Arab Emirates, Asia | www.dubox-trading.com/ |
| CIMC Modular Building Systems | View profile | 251-500 | Jiangmen, Guangdong, China, Asia | cimc-mbs.com |
Canada Modular Construction Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Modular Construction Market Outlook will help companies and investors design strategic landscapes.
Permanent was the largest segment with a revenue share of 70.98% in 2025.
Horizon Databook has segmented the Canada modular construction market based on relocatable, permanent covering the revenue growth of each sub-segment from 2021 to 2033.
A significant resurgence in modular construction sector was observed across Canada due to technological development and advancements. According to Modular Building Institute (MBI), there are approximately 45 modular construction companies in Canada, fabricating for a variety of sectors including residential, commercial, educational, healthcare, and industrial.
In 2019, the total nonresidential modular construction market generated USD 21.80 billion, up from USD 20.18 billion in 2018, which excludes single-family residential and engineering (bridges, highways, & infrastructure).
The growth of modular construction sector in Canada is driven by the increase in new education startups, office constructions, and new multifamily construction projects. Industrial workforce housing sector is one of the most important end-use market for modular construction in Canada. The modular industry provides temporary workforce housing solutions in remote areas where the energy sector is active.
- Canada Modular Construction Market Type Outlook (Revenue, USD Million , 2021-2033)
- Relocatable
- Permanent
- Canada Modular Construction Market Application Outlook (Revenue, USD Million , 2021-2033)
- Residential
- Commercial
- Industrial
- Healthcare
- Educational
- Canada Modular Construction Market Material Outlook (Revenue, USD Million , 2021-2033)
- Wood
- Steel
- Concrete
- Others
- Canada Modular Construction Market Module Outlook (Revenue, USD Million , 2021-2033)
- Four-sided
- Open-sided
- Partially open-sided
- Mixed modules & floor cassettes
- Modules supported by a primary structure
- Others
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada Modular Construction Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Canada Modular Construction Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Canada Modular Construction Market, 2021-2033 (US$M)
Canada modular construction market statistics, by type, 2021-2033 (US$M)
