Global Affordable Housing Market to reach $84.7 Billion By 2031

In a recent report by Allied Market Research, the global affordable housing market emerged as a significant player, with an estimated valuation of $52.2 billion in 2021. Projections indicate a remarkable growth trajectory, set to reach $84.7 billion by 2031, accompanied by a commendable Compound Annual Growth Rate (CAGR) of 4.9% from 2022 to 2031. This comprehensive report offers a detailed analysis of top investment opportunities, winning strategies, market drivers, and evolving trends, serving as an invaluable resource for industry leaders, new entrants, investors, and shareholders in shaping future strategies and enhancing their market position.

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Report Coverage & Details:

Forecast Period: 2022-2031

Base Year: 2021

Market Size in 2021: $52.2 Billion

Market Size in 2031: $84.7 Billion

CAGR: 4.9%

No. of Pages in Report: 210

Segments Covered: Providers, Size of Unit, Location, and Region.



Drivers, Opportunities, and Restraints:

Drivers: Rapid urbanization in emerging economies, rise in demand for affordable accommodations.

Opportunities: Surge in government policies for affordable housing and rising collaboration between key players.

Restraints: Saturation in major cities of developed countries, certain unfavorable policies.



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Covid-19 Scenario:

Restrictions on construction activities during the pandemic negatively impacted the global affordable housing market.

Government funds earmarked for construction were redirected to medical facilities, affecting affordable housing projects.

The market has now rebounded as construction activities resume.

Segmentation and Competition Analysis: The global affordable housing market is analyzed across providers, size of unit, location, and region. The report provides an exhaustive analysis of segments and sub-segments, facilitating investors and market players in devising strategies based on high-revenue and fast-growing segments outlined in the report.

Key Findings:

Public-private partnerships dominated provider segments in 2021, maintaining dominance by 2031, while the government segment is expected to display the fastest CAGR of 5.2%.

Units above 800 square feet contributed significantly in 2021 and are projected to lead by 2031, with the 400-800 square feet segment displaying the fastest CAGR of 5.7%.

Urban locations accounted for the highest share in 2021, with the rural segment expected to portray the fastest CAGR of 8.5% during the forecast period.

Asia-Pacific held the major share in 2021, with LAMEA showcasing the fastest CAGR of 8.5% from 2022 to 2031.

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Leading Players: Key market players include Dominium, Related Group, LDG Development, Pennrose, Skanska AB, Jonathan Rose Companies LLC, The NRP Group, Tata Projects, Prestige Group, and Larsen & Toubro Ltd. These players have adopted various strategies such as partnership, expansion, collaboration, and joint ventures, positioning themselves as industry leaders. The report offers insights into their business performance and developments.


Full Report With TOC: https://www.alliedmarketresearch.com/affordable-housing-market-A31842

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