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Dry Construction Market: Japan’s Investment in Housing Construction Between 2020-2024

November, 2024

Dry Construction Market

Year Wise Housing Construction Growth in Japan ( in Trillion Japanese Yen)

The dry construction market is expanding due to factors such as increasing urbanization and large-scale infrastructure undertakings worldwide. Dry construction is cost-effective, quicker, and more environmentally sustainable, as it minimizes carbon dioxide emissions. In rapidly growing regions such as the Asia Pacific, the demand for residential and commercial buildings, as well as a substantial number of infrastructure projects, is soaring, leading to a rise in the number of structures built through dry construction. Despite this large-scale expansion, regulatory hurdles tend to impede market expansion. In some regions, building codes and regulations are not yet standardized, which may result in further complications when completing the construction.

  • In 2023, the investment for residential construction in Japan accounted for approximately 17.3 trillion Japanese yen. Among these, private residential construction has seen a notable surge and holds the largest share.

Governments and organizations are promoting initiatives for green construction, which often involve dry construction. This type of construction fulfills the demand for climate-friendly construction as it involves sustainable materials and, thus, creates less waste that could be harmful to the ecosystem, further propelling the dry construction market globally.

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