Analysis Report on Multifamily Housing Construction (Apartments) Market Size, Share, and Trends by Product

The Business Research Company

The Business Research Company's Multifamily Housing Construction (Apartments) Market Report 2026 – Market Size, Trends, And Global Forecast 2026-2035

LONDON, GREATER LONDON, UNITED KINGDOM, January 22, 2026 /EINPresswire.com/ -- "The multifamily housing construction market, particularly focused on apartments, has seen impressive growth recently as urban populations surge and demand for multi-unit living rises. This sector is evolving quickly, driven by innovations in construction techniques and shifting preferences for affordable, sustainable housing solutions. Let’s explore the market’s size, key growth drivers, dominant regions, and emerging trends shaping its future.

Multifamily Housing Construction Market Size and Expected Growth
The multifamily housing construction (apartments) market has experienced substantial expansion over recent years. Forecasts indicate that the market will increase from $918.51 billion in 2025 to $1002.55 billion in 2026, reflecting a compound annual growth rate (CAGR) of 9.2%. The historical growth is largely due to factors such as increasing urban population density, heightened demand for multi-unit residences, reliance on conventional construction methods, growth in rental housing projects, and the push for more cost-effective residential developments.

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Looking ahead, the market is projected to grow even faster, reaching $1507.46 billion by 2030 with a CAGR of 10.7%. This accelerated expansion will be fueled by the rising adoption of modular apartment building techniques, greater investment in affordable housing projects, the surge in high-rise residential complexes, stronger focus on sustainable designs, and advancements in building materials tailored for multifamily developments. Important trends during this period include growing interest in urban multi-unit projects, expanding use of prefabricated construction, increased mid-rise housing, ongoing renovations and upgrades, and emphasis on space-efficient apartment layouts.

Understanding Multifamily Housing as a Segment
Multifamily housing refers to residential buildings designed to house multiple separate families within a single structure or complex. These can range from smaller setups like duplexes to larger apartment buildings, facilitating independent living spaces for several households under one roof.

View the full multifamily housing construction (apartments) market report:
https://www.thebusinessresearchcompany.com/report/multifamily-housing-construction-apartments-global-market-report

Urban Living as a Primary Growth Driver in Multifamily Housing Construction
One of the strongest drivers of growth in the multifamily housing construction market is the increasing preference for urban living. Urban living is characterized by residing in densely populated areas with easy access to amenities, cultural venues, and services. Apartments and other multi-unit dwellings cater well to this lifestyle by offering efficient and compact housing solutions that suit city environments.

Supporting this trend, the World Bank Group reported in April 2023 that over half of the world’s population currently lives in urban areas. Projections suggest this figure will rise to 6 billion by 2045, which is a 1.5 times increase from current levels. This steady growth in urban populations directly fuels demand for multifamily housing, reinforcing market expansion.

North America Leads While Asia-Pacific Sets the Pace for Future Growth
In 2025, North America held the largest share of the multifamily housing construction (apartments) market. However, Asia-Pacific is forecasted to be the fastest-growing region throughout the coming years. The market study covers several regions including Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, providing a comprehensive global perspective on market dynamics and opportunities.

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