| Product Code: ETC372925 | Publication Date: Aug 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Thailand import trend for prefabricated building and structural steel in 2024 saw a significant growth rate of 105.49% compared to the previous year, with a compound annual growth rate (CAGR) of 46.36% for the period 2020-2024. This surge can be attributed to the increasing demand for construction materials in the region, indicating a strong import momentum driven by ongoing infrastructure projects and urban development initiatives.
The Thailand prefabricated building and structural steel market are witnessing remarkable growth due to the demand for efficient and cost-effective construction solutions. Prefabricated buildings offer advantages such as reduced construction time, lower labor costs, and improved quality control. As Thailand faces rapid urbanization and a need for affordable housing solutions, prefabricated buildings have gained popularity. Additionally, the structural steel market has seen substantial growth as it provides the framework for these prefabricated structures. The ease of customization and durability of structural steel make it a preferred choice in the construction sector. As the construction industry continues to evolve, the prefabricated building and structural steel market in Thailand is poised for further expansion.
The Thailand prefabricated building and structural steel market are witnessing significant growth, primarily due to the booming construction sector. The demand for faster construction, cost savings, and sustainable building practices is pushing the adoption of prefabricated components and structural steel. Government incentives and regulations that encourage green construction and energy-efficient buildings are also driving market growth. Additionally, the ability of prefabricated structures to withstand natural disasters, such as floods and earthquakes, is fueling their popularity.
The Thailand prefabricated building and structural steel market confront several challenges. One notable challenge is the cyclic nature of the construction industry, which can lead to inconsistent demand for prefabricated building materials. Market players need to manage their production capacities effectively to avoid overproduction or underproduction. Another significant challenge is the need to invest in technology and equipment to maintain high-quality production and cost competitiveness. Ensuring compliance with safety and environmental regulations is an ongoing concern in this market as well.
The Thailand prefabricated building and structural steel market saw a mixed impact from the COVID-19 pandemic. While the construction sector was hampered by lockdowns and labor shortages, the demand for prefabricated structures surged for emergency healthcare facilities and quarantine centers. This shift in demand offered some opportunities for the market. However, the overall market faced uncertainties and disruptions, with projects being delayed or canceled, affecting both production and sales.
Leading the Thailand prefabricated building and structural steel market are companies such as PrebuiltMLM Thailand Co., Ltd., Awnings Thailand, and TK Steel Co., Ltd. These companies are known for their proficiency in providing prefabricated building solutions and structural steel components for construction projects of all scales, making them prominent players in the market.
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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