Foldable Houses Market Size, Product Trends, Key Drivers, Share Analysis And Forecast To 2033

"The new report published by The Business Research Company, titled ""Foldable Houses Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the foldable houses market size has grown rapidly in recent years. It will grow from $7.82 billion in 2023 to $8.62 billion in 2024 at a compound annual growth rate (CAGR) of 10.3%. The foldable houses market size is expected to see strong growth in the next few years. It will grow to $12.28 billion in 2028 at a compound annual growth rate (CAGR) of 9.2%.

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Escalating Traditional Housing Costs Fuel Demand For Foldable Houses
The rising cost of traditional housing is expected to boost the growth of the foldable house market going forward. Traditional homes refer to homes that exhibit the societal norms and cultural values of a particular area or society. Foldable homes are a good substitute for traditional homes since they are inexpensive, high quality, energy-efficient, sound-proof, and damage-resistant. Hence, the rising cost of traditional housing will create the demand of foldable houses for those we cannot afford traditional housing. For instance, according to a report published by Harvard Joint Center for Housing Studies, a US-based center that improves knowledge of housing issues and informs policy, in 2021, the price of homes increased by a significant 10.2 % in the 12 months leading up to October 2020 where in only one month, October, the price jumped by 1.5 % further, for an annual rate of an even greater 18 %. Therefore, the rising cost of traditional housing is driving the growth of the foldable houses market.

Product Innovation In The Foldable Houses Market
Product innovation is the key trend gaining popularity in the foldable houses market. Major companies operating in the foldable house market are focusing on developing new solutions to sustain their position in the market. For instance, in November 2022, Boxabl Inc., a US-based modular house building system launched Boxabl Casita, a $50K foldable house. This foldable house's unique feature is that it combines panelized and modular construction within a shipping container footprint. The 375-square-foot house can be transported anywhere on a lowboy trailer by folding up to fit within a 20-foot shipping container. The portion of it that contains the bathroom and kitchen ships in 3D form, and the wall and floor panels fold out to completely enclose the open area.

The foldable houses market covered in this report is segmented -

1) By Construction Type: Single Section, Multi-Section
2) By Architecture Type: Slope Roof, Flat Roof
3) By End-User: Single Family, Multi-Family

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Major companies operating in the foldable houses market report are Champion Home Builders Inc., Brette Haus Inc., Skyline Champion Corporation, Clayton Homes Inc., Cavco Industries Inc., Live Oak Homes Inc., Legacy Housing Corporation, Henan K-Home Steel Structure Co. Ltd., Karmod Prefabricated Technologies, Southern Energy Homes Inc., Palm Harbor Homes Inc., Oak Creek Homes Inc., Easi-Set Worldwide, Vanguard Commercial Prefab Modular Building Company, Titan Factory Direct Homes, CID Associates Inc., Giles Industries Inc., Boxabl Inc., Rohe Homes Ltd., Spark Business Group Pty Ltd., Guangzhou Moneybox Steel Structure Engineering Co.Ltd, Weizhengheng Modular House Co. Ltd., Hebei Weizhengheng Modular House Technology Co. Ltd., Platinum Homes Inc., A-FOLD Houses Inc., MADI Homes Inc., DongGuan Vanhe Modular House Limited, Foshan Isun Decoration Material Co. Ltd., Modular Engineering, TRU Home Builders

Contents of the report:
1. Executive Summary
2. Foldable Houses Market Report Structure
3. Foldable Houses Market Trends And Strategies
4. Foldable Houses Market - Macro Economic Scenario
5. Foldable Houses Market Size And Growth
…..
27. Foldable Houses Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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