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Stock impact report

Modular Construction Industry Poised for Continued Global Expansion Through 2024 - Long-term Market Forecasts to 2028 and 2033 [Yahoo! Finance]

Safe & Green Holdings Corp. (SGBX) 
NASDAQ:AMEX Investor Relations: ir.sgblocks.com
Company Research Source: Yahoo! Finance
The global modular construction industry has demonstrated a robust growth trajectory, expanding from a substantial $95.68 billion valuation in 2023 to an anticipated $102.52 billion by 2024. This equates to a solid compound annual growth rate (CAGR) of 7.2%. Industrialization's mass production ethos, post-war housing needs, and the emphasis on cost and temporal efficiencies have been foundational in this historical expansion. Anticipated Advancements and Governmental Support Looking ahead, the market is projected to continue its momentum, reaching an estimated $138.37 billion by 2028, with a CAGR of 7.8%. Innovations in resilient construction, supportive government policies, and regulatory frameworks are set to drive growth, particularly in sectors such as healthcare and education that require agility and rapid development in response to evolving demands and labor considerations. Construction Industry as a Catalyst for Modular Methods With a rise in global construction dema Show less Read more
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