NEW YORK, May 29, 2023 /PRNewswire/ -- The tiny homes market size is set to grow by USD 4171.33 million from 2022 to 2027 progressing at a CAGR of 4.88% during the forecast period. The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by affordability by mass section of the population. Here is an Exclusive report talking about Market scenarios with a historical period (2017-2021) and the forecast period (2023-2027). Download Sample Report in minutes!
The report on the tiny homes market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis.
Tiny Homes Market 2023-2027 - Market Dynamics
Market Drivers
- Affordability by mass section of the population
- Product innovation leading to portfolio extensions and product premiumization
- Increased demand for recreational activities
Market Trends
- The growing trend of customization
- Introduction of 3D printed tiny homes
- Environmentally efficient tiny homes
Market Challenges
- Limited demand from developing economies
- The increasing number of residential buildings
- Lifestyle challenges associated with limited space
Tiny Homes Market 2023-2027: Market Segmentation
The tiny homes market is segmented by application(home use and commercial use), product (mobile tiny home and stationary time home), and geography (North America, Europe, APAC, South America, and the Middle East and Africa).
The market share growth by the home use segment will be significant during the forecast period. The home use segment showed a gradual increase in market share from USD 9,726.20 million in 2017 and continued to grow by 2021. The growing home rental costs in various countries will drive the demand for tiny houses. By geography, North America is projected to contribute 57% by 2027. In recent years, countries in North America, such as the US and Canada, have witnessed a steady increase in the construction of tiny houses.
The report comprises of various segments as well as an analysis of the trends and factors that are playing a substantial role in the market. View Sample Report
The tiny homes market covers the following areas:
Tiny Homes Market Sizing
Tiny Homes Market Forecast
Tiny Homes Market Analysis
Companies Mentioned
- 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.
- Tumbleweed Tiny House Co.
americantinyhouse.com- The company offers tiny homes such as Austin, Dallas and Gloden.
aussietinyhouses.com.au- The company offers tiny homes such as Hazel 8.4.
baahouse.com.au- The company offers tiny homes such as Bighorn and baahouse small.
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Tiny Homes Market Scope |
|
Report Coverage |
Details |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4.88% |
Market growth 2023-2027 |
USD 4171.33 million |
Market structure |
Fragmented |
YoY growth 2022-2023(%) |
4.0 |
Regional analysis |
North America, Europe, APAC, South America, and Middle East and Africa |
Performing market contribution |
North America at 57% |
Key countries |
US, Canada, UK, Germany, and France |
Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
Key companies profiled |
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. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Key Topics Covered:
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Product
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2022
- 3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
- 4.1 Global tiny homes market 2017 - 2021
- Exhibit 18: Historic Market Size – Data Table on Global tiny homes market 2017 - 2021 ($ million)
- 4.2 Product Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size – Product Segment 2017 - 2021 ($ million)
- 4.3 Application Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size – Application Segment 2017 - 2021 ($ million)
- 4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
- 4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between2022 and 2027
- 5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
- 5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
- 5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
- 5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
- 5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
- 5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Application
- 6.1 Market segments
- Exhibit 30: Chart on Application - Market share 2022-2027 (%)
- Exhibit 31: Data Table on Application - Market share 2022-2027 (%)
- 6.2 Comparison by Application
- Exhibit 32: Chart on Comparison by Application
- Exhibit 33: Data Table on Comparison by Application
- 6.3 Home use - Market size and forecast 2022-2027
- Exhibit 34: Chart on Home use - Market size and forecast 2022-2027 ($ million)
- Exhibit 35: Data Table on Home use - Market size and forecast 2022-2027 ($ million)
- Exhibit 36: Chart on Home use - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on Home use - Year-over-year growth 2022-2027 (%)
- 6.4 Commercial use - Market size and forecast 2022-2027
- Exhibit 38: Chart on Commercial use - Market size and forecast 2022-2027 ($ million)
- Exhibit 39: Data Table on Commercial use - Market size and forecast 2022-2027 ($ million)
- Exhibit 40: Chart on Commercial use - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on Commercial use - Year-over-year growth 2022-2027 (%)
- 6.5 Market opportunity by Application
- Exhibit 42: Market opportunity by Application ($ million)
7 Market Segmentation by Product
- 7.1 Market segments
- Exhibit 43: Chart on Product - Market share 2022-2027 (%)
- Exhibit 44: Data Table on Product - Market share 2022-2027 (%)
SOURCE Technavio
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