Saudi Arabia Prefabricated Building and Structural Steel Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033

Saudi Arabia Prefabricated Building and Structural Steel Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033

Report Format: PDF+Excel | Report ID: SR112025A890

Market Overview:

The Saudi Arabia prefabricated building and structural steel market size reached USD 1,827.5 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 2,585.0 Million by 2033, exhibiting a growth rate (CAGR) of 3.73% during 2025-2033.

Report Attribute 
Key Statistics
Base Year
2024
Forecast Years
2025-2033
Historical Years
2019-2024
Market Size in 2024
USD 1,827.5 Million
Market Forecast in 2033
USD 2,585.0 Million
Market Growth Rate 2025-2033 3.73%


Prefabricated buildings are structures that are manufactured off-site, and then transferred and assembled on the construction site. On the other hand, structural steel represents the basic framework wherein prefabricated parts are installed. As compared to conventionally constructed buildings, these structures offer numerous advantages, which include durability, design flexibility, ease of expansion, weather resistance, efficient material utilization, minimal maintenance and eco-friendly nature. These advantages, in confluence with rapid urbanization and escalating population, are increasing the usage of these structures in the construction of offices, housing complexes, camp facilities and warehouses in Saudi Arabia.

Saudi Arabia Prefabricated Building and Structural Steel Market Size

The economy of Saudi Arabia has primarily relied on the oil and gas industry for generating wealth. However, the Government started diversifying the economy after the fall of oil prices in 2014. As a result, it is investing in alternative sources of income by introducing infrastructural projects, such as Vision 2030, and the development of NEOM City, Jeddah Waterfront and Entertainment City. Furthermore, on account of the growing population and the increasing influx of expatriates, there is a rise in the shortage of affordable housing in Saudi Arabia. This, in confluence with the advantages offered by prefabricated building and structural steel such as affordable price point and time efficiency, has escalated the demand for prefabricated buildings in the country. Apart from this, owing to the rising environmental concerns, there is an increase in the adoption of prefabricated buildings as they do not generate any on-site waste.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the Saudi Arabia prefabricated building and structural steel market report, along with forecasts at the regional and country levels from 2025-2033. Our report has categorized the market based on component and end use.

Breakup by Component:

Prefabricated Building:

  • Floors and Roof
  • Walls
  • Staircase
  • Panels and Lintels
  • Others

Structural Steel:

  • H-Type Beam
  • I-Type Beam
  • Columns
  • Angles
  • Others

At present, floors and roofs, and H-type beams account for the majority of the total market share in the Saudi Arabia prefabricated building and structural steel markets, respectively.

Breakup by End Use:

  • Residential
  • Institutional
  • Commercial
  • Industrial

The residential sector exhibits a clear dominance in the market, on account of rapid urbanization and the increasing number of expatriates in the country.

Competitive Landscape:

The competitive landscape of the market has been analyzed in the report, along with the detailed profiles of the major players operating in the industry. Some of these players are:

  • Saudi Building Systems Mfg. Co.
  • Red Sea Housing Services
  • Kirby Building Systems
  • Zamil Steel Pre-Engineered Buildings Co. Ltd.

Report Coverage:

Report Features Details
Base Year of the Analysis 2024
Historical Period 2019-2024
Forecast Period 2025-2033
Units Million USD, ‘000 Units, Million Tons
Segment Coverage Component, End Use
Companies Covered Saudi Building Systems Mfg. Co., Red Sea Housing Services, Kirby Building Systems and Zamil Steel Pre-Engineered Buildings Co. Ltd.
Customization Scope 10% Free Customization
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report

The Saudi Arabia prefabricated building and structural steel market was valued at USD 1,827.5 Million in 2024.

We expect the Saudi Arabia prefabricated building and structural steel market to exhibit a CAGR of 3.73% during 2025-2033.

The rising consumer awareness towards numerous benefits of using prefabricated material and structural steel, such as enhanced flexibility, improved durability, high energy efficiency, etc., is primarily driving the Saudi Arabia prefabricated building and structural steel market.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across the nation, resulting in the temporary halt in numerous construction activities, thereby negatively impacting the Saudi Arabia market for prefabricated building and structural steel.

Based on the component, the Saudi Arabia prefabricated building market can be bifurcated into floors and roof, walls, staircase, panels and lintels, and others. Currently, floors and roof holds the majority of the total market share.

Based on the component, the Saudi Arabia structural steel market has been segmented into H-type beam, I-type beam, columns, angles, and others. Among these, H-type beam currently exhibits a clear dominance in the market.

Based on the end use, the Saudi Arabia prefabricated building and structural steel market can be divided into residential, institutional, commercial, and industrial. Currently, residential accounts for the largest market share.

Some of the major players in the Saudi Arabia prefabricated building and structural steel market include Saudi Building Systems Mfg. Co., Red Sea Housing Services, Kirby Building Systems, Zamil Steel Pre-Engineered Buildings Co. Ltd., etc.

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 Saudi Arabia Prefabricated Building and Structural Steel Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033
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