LATAM Modular Construction Market Size & Outlook, 2025-2033

LATAM Modular Construction Market Highlights

Market Strides analysis indicates that the LATAM Modular Construction Market size, which was USD 445.8 Million in 2024, is projected to attain USD 728.60 Million by 2033.
The market is expected to register a CAGR of 5.56% over the period 2025–2033.
In 2024, Modular Housing emerged as the dominant By Product based on market size.
Prefabricated Modules is projected to register the fastest growth, positioning it as the most attractive By Product segment over the forecast horizon.

LATAM Modular Construction Market Overview

Source: MS Analysis Company Publications, Primary Interviews.

Other Key Findings

LATAM represented 7.43% of the global Modular Construction Market size in 2024.
By 2033, United States is estimated to hold the largest position in the global market in terms of size.
Argentina is estimated to remain the fastest-growing market in LATAM, advancing to USD 1063.95 Million by 2033.

Report Summary

Report Scope	Details
Base Year for Study	2024
Study Period	2021-2033
Historical Period	2021-2023
Forecast Period	2025-2033
Market Size In 2024	USD 445.8 Million
Market Size In 2033	USD 728.60 Million
Largest segment	Modular Housing
Units	Revenue in USD Million
CAGR	5.56% (2025-2033)
Segmnetation Covered
LATAM	Brazil Mexico Argentina Colombia Chile
By Product	Modular Housing Prefabricated Modules Modular Infrastructure
By End-Use	Residential Commercial
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

LATAM Modular Construction Market Country 2025-2033 (USD Million)

LATAM	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
Brazil	XX.x	XX.x	XX.x	170.34	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Mexico	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Argentina	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Colombia	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Chile	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x

Source: MS Analysis Company Publications, Primary Interviews.

LATAM Modular Construction Market By Product 2025-2033 (USD Million)

By Product	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
Modular Housing	XX.x	XX.x	XX.x	221.52	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Prefabricated Modules	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Modular Infrastructure	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x

Source: MS Analysis Company Publications, Primary Interviews.

LATAM Modular Construction Market By End-Use 2025-2033 (USD Million)

By End-Use	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
Residential	XX.x	XX.x	XX.x	275.42	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Commercial	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x

Source: MS Analysis Company Publications, Primary Interviews.

Author :

Market Strides Research Team

The Market Strides Research Team delivers concise, data-driven insights across Construction & Manufacturing, Energy & Power, and Machinery & Equipment markets. With expertise covering materials, machinery, automation, infrastructure, power systems, renewables, and industrial technologies, the team provides reliable research and clear market intelligence for global businesses and decision-makers.