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Prefabricated Buildings Market Share

ID: MRFR//3733-CR | 132 Pages | Author: Varsha More| October 2020

The e-commerce industry involves the buying and selling of goods and services, mainly through the internet. According to the International Post Corporation, global e-commerce sales are on a continuous rise, expected to grow by 23% in 2017, reaching USD 2.3 trillion. China and the U.S. are predicted to make up nearly 70% of global e-commerce sales in 2017. While e-commerce in the U.S. is projected to grow by 15% in 2017, the Asia-Pacific (APAC) region is anticipated to experience a remarkable 30% growth rate, primarily driven by the significant sales in mobile commerce.

In the APAC region, the average population has increased their spending on e-commerce platforms. Even in countries like Japan, where retail sales have shown stagnation, e-commerce continues to grow. The widespread use of the internet and mobile devices has empowered consumers to make more frequent purchases. This surge in e-commerce activities has prompted retailers to enhance their shipping, storage, and delivery methods, aiming to broaden their reach across the region. Consequently, there is a growing demand for prefabricated construction solutions to build storage shelters, warehouses, and pickup and drop-off location shelters for these expanding e-commerce companies.

As the e-commerce industry flourishes, the need for efficient and quick logistics solutions becomes paramount. Prefabricated construction offers a swift and flexible solution for creating structures that can support the growing demands of the e-commerce sector. These structures can be rapidly deployed, allowing companies to establish distribution centers, storage facilities, and operational hubs promptly. The dynamic growth of e-commerce, especially in the Asia-Pacific region, showcases a transformative shift in consumer behavior, emphasizing the significance of reliable and scalable infrastructure. The use of prefabricated construction in building facilities tailored to the needs of e-commerce companies plays a vital role in meeting this evolving demand, ensuring a streamlined and responsive supply chain for the industry's continued success.

Covered Aspects:

Report Attribute/Metric Details
Base Year For Estimation 2021
Historical Data 2018 & 2020
Forecast Period 2022-2030
Growth Rate 6.85% (2022-2030)
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