NEW YORK, Dec. 4, 2023 /PRNewswire/ -- The tiny homes market is estimated to grow by USD 4.17 billion from 2022 to 2027, growing at a CAGR of 4.88%. The tiny homes market is fragmented owing to the presence of many global and regional companies. A few prominent companies that offer tiny homes market are American Tiny House, ATLAS VANS, Aussie Tiny Houses, BAAHOUSE and BAASTUDIO PTY LTD., Berkshire Hathaway Inc., Cavco Industries Inc., Handcrafted Movement, Heirloom Inc., ICON Technology Inc., La Tiny House, Meka Inc., Mini Mansions Tiny Home Builders LLC, Mustard Seed Tiny Homes LLC, New Frontier Tiny Homes, Oregon Cottage Co., Skyline Champion Corp., The Tiny Housing Co, Tiny Home Builders, Tiny SMART House Inc., and Tumbleweed Tiny House Co. The report provides a full list of key companies, their strategies, and the latest developments. Download a Sample before buying
Company Offering:
- American Tiny House - The company offers tiny homes such as Austin, Dallas, and Gloden.
- Aussie Tiny Houses - The company offers tiny homes such as Hazel 8.4.
- BAAHOUSE and BAASTUDIO PTY LTD - The company offers tiny homes such as Bighorn and Baahouse Small.
- For details on companies and their offerings – Buy the report!
By Geography, the market is classified as North America, Europe, APAC, South America, and Middle East and Africa.
- North America is projected to contribute 57% by 2027. Factors such as higher housing prices and consumer interest in purchasing a house before it was built or custom-built have contributed to this growth. Over the past several years, there has been an increasing trend towards the construction of small houses in North American countries such as the US and Canada.
Download a sample report to get more insights on the market share of various regions and the contribution of the segments.
- Impactful driver- Affordability by a mass section of the population
- Key Trend - The growing trend of customization
- Major Challenges - limited demand from developing economies
Market Segmentation
- By Application, the market is classified into home use and commercial use. The market share growth by the home use segment will be significant during the forecast period. These homes are available on wheels on trailers or without wheels where they can be placed directly on a precast foundation and can be used for residential purposes. In addition, a small house is available for residential use by different vendors like Humble Handcraft.
Technavio Research experts have provided more insights on the market share of segments - View a Sample Report
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Tiny Homes Market Scope |
|
Report Coverage |
Details |
Historic period |
2017-2021 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4.88% |
YoY growth 2022-2023 (%) |
4.0 |
Regional analysis |
North America, Europe, APAC, South America, and Middle East and Africa |
Key countries |
US, Canada, UK, Germany, and France |
TOC:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Product
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
About US
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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SOURCE Technavio
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