The global container homes market size is expected to reach $73,070.5 million by 2025, from $44,768.6 million in 2017, growing at a CAGR of 6.5% from 2018 to 2025
LONDON, March 26, 2019 /PRNewswire/ -- Container Homes Market by Container Type (New Container and Old/Scrap Container), Offering (Factory Built and On-Site Built), Architecture Type (Tiny Houses, Duplex/Bungalows, and Multistory Buildings/Apartments), Construction Type (Fixed and Movable), and End User (Residential Homes, Recreational Homes, Emergency Homes, and Nursing Homes): Global Opportunity Analysis and Industry Forecast, 2018 - 2025
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Container Homes Market Overview:
The global container homes market size is expected to reach $73,070.5 million by 2025, from $44,768.6 million in 2017, growing at a CAGR of 6.5% from 2018 to 2025.
Container homes are prefabricated architectures developed using new and old shipping containers made from steel. The homes developed using containers are affordable and sustainable as compared to traditional homes. Companies such as SG Blocks Inc. and Giant Homes are some of the leading players in the container homes market.
There is a rapid increase in the demand for container homes, owing to reduction in construction cost & time and government initiative toward green building concept. Furthermore, the container homes are very compact in size and can be moved from one location to another. Thus, these homes are easy to install. Therefore, they are also majorly adopted in the developed economies where limited availability of space is the major constraint. Moreover, lack of housing units, increase in focus toward adoption of affordable housing structures, and rise in need for construction in developed companies are expected to provide lucrative growth opportunities to prefabricated container homes manufacturers. However, the high risk of corrosion to old containers, shorter life span, and increased investment required on heating & cooling systems are expected to hinder the growth of container homes market.
The global container homes market is segmented into container type, offering, architecture type, construction type, end user, and region. Based on container type, the market is divided into new/idle containers and old/scrap containers. The offering segment is bifurcated into factory-built homes and on-site built homes. By architecture type the market is classified into tiny houses, duplex/bungalows, and multistory buildings/apartments.
Based on construction type, the market is sub-segmented into fixed and movable homes. Based on end user, it is categorized into residential homes, recreational homes, emergency homes, and nursing homes. The residential homes segment is anticipated to dominate the global container homes market throughout the forecast period. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players analyzed in the report include Anderco Pte Ltd., Container Homes USA, Giant Containers, HONOMOBO, Royal Wolf., SG Blocks, Inc., Shanghai Haicheng Special Steel Container Co., Ltd., Speed House Group of Companies, Supertech Industries, and Temohousing.
Container Homes Key Market Segments:
By Solution
New/Idle Container
Old/Scrap Container
By Offering
Factory Built
On-Site Built
By Architecture Type
Tiny House
Duplex/Bungalow
Multistory Building/Apartments
By Construction Type
Fixed
Movable
By End User
Residential Homes
Recreational Homes
Emergency Homes
Nursing Home
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
UK
Italy
Netherlands
Rest of Europe
Asia-Pacific
China
India
Japan
Australia
Rest of Asia Pacific
LAMEA
Latin America
Middle East
Africa
Key Players
Anderco Pte Ltd.
Container Homes USA
Giant Containers
HONOMOBO
Royal Wolf.
SG Blocks, Inc.
Shanghai Haicheng Special Steel Container Co., Ltd.
Speed House Group of Companies.
Supertech Industries
Temohousing
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