India Modular Construction Market Size & Outlook, 2026-2033
Global Market
Related Markets
India modular construction market highlights
- The India modular construction market generated a revenue of USD 3,924.0 million in 2025 and is expected to reach USD 8,324.7 million by 2033.
- The India market is expected to grow at a CAGR of 9.9% 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 3,924.0 million |
| Market revenue in 2033 | USD 8,324.7 million |
| Growth rate | 9.9% (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, India accounted for 3.5% 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 Asia Pacific, China modular construction market is projected to lead the regional market in terms of revenue in 2033.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 38,191.0 million by 2033.
In Asia-Pacific, India is the second-largest construction sector in terms of turnover and employment. Although the Indian economy is currently in a deep slump, high times are expected to return as a result of the growing population.
However, construction industry has not been able to keep pace with the rapidly growing housing needs in the country. A quality, affordable home is still a proverbial and unattainable dream for majority of the population in India.
To tackle this, the Indian Urban Ministry has proposed several initiatives such as Housing for All by 2022, Affordable Housing, and Smart Cities, all of which would require the construction of over 30 million houses.
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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 |
India 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 85.2% in 2025.
Horizon Databook has segmented the India modular construction market based on relocatable, permanent covering the revenue growth of each sub-segment from 2021 to 2033.
In Asia-Pacific, India is the second-largest construction sector in terms of turnover and employment. Although the Indian economy is currently in a deep slump, high times are expected to return as a result of the growing population.
However, construction industry has not been able to keep pace with the rapidly growing housing needs in the country. A quality, affordable home is still a proverbial and unattainable dream for majority of the population in India.
To tackle this, the Indian Urban Ministry has proposed several initiatives such as Housing for All by 2022, Affordable Housing, and Smart Cities, all of which would require the construction of over 30 million houses.
- India Modular Construction Market Type Outlook (Revenue, USD Million , 2021-2033)
- Relocatable
- Permanent
- India Modular Construction Market Application Outlook (Revenue, USD Million , 2021-2033)
- Residential
- Commercial
- Industrial
- Healthcare
- Educational
- India Modular Construction Market Material Outlook (Revenue, USD Million , 2021-2033)
- Wood
- Steel
- Concrete
- Others
- India 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 India Modular Construction Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into India Modular Construction Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
India Modular Construction Market, 2021-2033 (US$M)
India modular construction market statistics, by type, 2021-2033 (US$M)
