The Mexican light steel keel market is currently in the development stage, mainly driven by the growth of the construction industry and policy support, but facing competition pressure from local enterprises.  ‌

Market size and growth
The size of Mexico's prefabricated housing market is expected to reach approximately $1 billion in 2022, and is projected to grow at a compound annual growth rate of around 10% over the next five years. As the core material of prefabricated housing, the market demand for light steel keel is closely related to the development of prefabricated buildings.  ‌

Policy and technology driven
The Mexican government continues to invest in infrastructure construction, with a construction industry growth rate of over 15.5% in 2023 and a record high inflow of foreign investment of $36.058 billion, mainly flowing into the infrastructure and real estate sectors. Policy support provides application scenarios for light steel keel.  ‌

Competitive landscape
Local enterprises such as Modular Genius have adopted steel structure systems to undertake projects, but are facing international competition pressure. Chinese enterprises have advantages in cost control and product performance, and have already occupied a certain market share.  ‌

Future Trends
It is expected that the demand for light steel keel will increase with the popularization of prefabricated buildings, and green and environmentally friendly products will be more favored. Technological innovation and international layout will become the key to enterprise competition.