Tiny Homes Market size to grow by USD 4,171.33 million from 2022 to 2027; Growth driven by affordability by a mass section of the population - Technavio
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
Affordability by mass section of the population
Product innovation leading to portfolio extensions and product premiumization
Increased demand for recreational activities
The growing trend of customization
Introduction of 3D printed tiny homes
Environmentally efficient tiny homes
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
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.
Portable Fire Extinguisher Market-The portable fire extinguisher market size is estimated to grow at a CAGR of 6.12% between 2022 and 2027. The market size is forecast to increase by USD 1,458.52 million.
Houseware Market- The Global Houseware Market Size is estimated to grow at a CAGR of 5.15% between 2022 and 2027 and the market is forecast to increase by USD 105.77 billion.
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North America, Europe, APAC, South America, and Middle East and Africa
Performing market contribution
North America at 57%
US, Canada, UK, Germany, and France
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.
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
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)
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