Manufactured Housing Market Overview with Detailed Analysis, Competitive landscape, Demand and Trends Forecast to 2028

According to our latest market study on "Manufactured Housing Market to 2028 - Global Analysis and Forecasts by Type (Mobile Home, Modular Home, Precut Home, Others); Construction (Single Section , Multiple Section); End-user (Residential, Commercial) and Geography"

Manufactured housing is a type of prefabricated housing assembled in factories and transported to sites of use. Manufactured housing is that in which various units are partially or completely assembled at factories or offosite before they are transported to designated plot. Growing preference for manufactured homes as compared to traditional homes owing to its low construction cost per square foot and increase in the need for affordable housing has boosted the demand for the manufactured housing market during the forecast period.

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Companies Profiled in this report includes: Adria Mobilehome,Cavco Industries, Inc. ,Champion Home Builders,Inc. ,Chief Industries, Inc. ,Clayton Homes,Deltec Homes,HUF HAUS GmbH u. Co. KG,Nobility Homes, Inc. ,Sekisui House,Skyline Homes

MARKET SEGMENTATION

On the basis of type the market is segmented as mobile home, modular home, panelized home, precut home.

On the basis of construction the market is segmented as single section, multiple section.

On the basis of endouser the market is segmented as residential, commercial.

 MARKET DYNAMICS

Drivers 

Growing price of raw materials and commodities, which results in high construction cost of buildings is influencing the demand for Manufactured Housing across the globe.

The growing demand for an alternative for the costly siteobuilt homes fuels the demand for Manufactured Housing worldwide.

Restraints

Low perceived resale value and low awareness may hamper the development of the Manufactured Housing market.

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IMPACT OF COVID-19 ON MANUFACTURED HOUSING MARKET

The outbreak of the COVID-19 has severely impacted the manufacturing, and construction industries, which resulted in lower product sales in the year 2020. The Manufactured Housing market players struggled to gain profits by selling their products worldwide. Further, the shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and declined the sales for specific periods. However, in the beginning of the 2021 market normalized the sale volume with an increase in construction and manufacturing activities. The rising demand for energyoefficient, safe, affordable, quality, appreciation in value, and warranty of overall construction is expected to augment the demand for Manufactured Housing market in the post pandemic era.

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About Us:

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

This release was published on openPR.