LAMEA Modular Container Market Size, Share & Industry Trends Analysis Report By Type (Mobile and Fixed), By Usage, By Application, By Container Size, By Revenue Source (Rental and New Product Sales), By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Latin America, Middle East and Africa Modular Container Market would witness market growth of 9.9% CAGR during the forecast period (2022-2028).
A strict quality control system is in use. The production of modular containers is based on several plans that cater to the demands of various consumers, including those that include one room, two rooms, or more, a dining area, a kitchen, a bathroom, and a shower, among other options. The container is manufactured in an unassembled state to facilitate simple and affordable transportation.
Modular containers can be delivered to customers for immediate use after being quickly built by the skilled crew at the final location. All of the modular container houses can be completely customized to meet the user’s demands and vision. Whether the bespoke change involves windows, wiring, insulation, or heating, user can complete it swiftly and easily.
Every component of the modular container building, including the floor, walls, and light fixtures, can be changed to create the ideal structure. One can choose to design any container building of different sizes, providing with complete customization to meet their needs.
The building business in the United Arab Emirates is predicted to rise between 3.7 and 4.7% in value over the succeeding five years. The country's development initiative, which focuses on expanding the nation's energy, transportation, and industrial infrastructure, will be the main driver of growth. The UAE government announced plans to implement several projects as part of the Projects of the 50 initiative, to attract $149.8 billion in foreign direct investment (FDI) over the following nine years.
The Brazil market dominated the LAMEA Modular Container Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $728.1 million by 2028. The Argentina market is experiencing a CAGR of 10.4% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 9.6% during (2022 - 2028).
Based on Type, the market is segmented into Mobile and Fixed. Based on Usage, the market is segmented into Storage Containers, Accommodation Containers, Showroom Containers, Sanitary Container, Office Container, Locker Container, and Others. Based on Application, the market is segmented into Industrial, Automotive, Education, Healthcare, and Construction & Others. Based on Container Size, the market is segmented into 10-20 Feet, Below 10 Feet, 21-40 Feet, and Above 40 Feet. Based on Revenue Source, the market is segmented into Rental and New Product Sales. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Modular Container Market is Predict to reach $40 Billion by 2028, at a CAGR of 6.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include WillScot Mobile Mini Holdings Corp., Module-T Prefabrik Sistemleri Dis Tic Ltd Sti (TMEC International), McGRATH RentCorp, Prefabex, MODSTEEL (Prefabricated Modular Steel Structures), Henan K-home Steel Structure Co., Ltd., Kwikspace, and Falcon Structures.
Scope of the Study
Market Segments Covered in the Report:
- Storage Containers
- Accommodation Containers
- Showroom Containers
- Sanitary Container
- Office Container
- Locker Container
- Construction & Others
By Container Size
- 10-20 Feet
- Below 10 Feet
- 21-40 Feet
- Above 40 Feet
By Revenue Source
- New Product Sales
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- WillScot Mobile Mini Holdings Corp.
- Module-T Prefabrik Sistemleri Dis Tic Ltd Sti (TMEC International)
- McGRATH RentCorp
- MODSTEEL (Prefabricated Modular Steel Structures)
- Henan K-home Steel Structure Co., Ltd.
- Falcon Structures
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