Temporary Shelters Market Growth Analysis, Trends, Share, Market Size And Forecast To 2033

The new report published by The Business Research Company, titled Temporary Shelters 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 temporary shelters market size has grown strongly in recent years. It will grow from $44.8 billion in 2023 to $47.19 billion in 2024 at a compound annual growth rate (CAGR) of 5.3%. The temporary shelters market size is expected to see strong growth in the next few years. It will grow to $57.52 billion in 2028 at a compound annual growth rate (CAGR) of 5.1%.

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Government Funds Drive Growth In Temporary Housing Market
The increase in government funds for temporary housing contributed to the growth of the market. For instance, the federal government of Canada announced plans to give $15 million for temporary housing in Toronto. These funds will be utilized to solve capacity issues at local shelters and respite centers. For instance, In July 2023, according to Canada's Immigration office, a Canada-based government agency, $212 million in funding into the Interim Housing Assistance Program (IHAP), which will be extended until March 31, 2024.

Strategic Partnerships Drive Growth In Temporary Shelters Market
Strategic partnerships are a key trend gaining popularity in the temporary shelters market. Major players are entering into partnership to expand their market and leverage each other's resources. For example, in July 2022, New York City, a nonprofit organization of New York, teamed up with Eric Leroy Adams, an American politician and retired police captain serving as the 110th mayor of New York City, to dedicate more than $8 million to help New Yorkers living on the street and who suffer from mental illnesses with the goal of getting them into housing and treatment programs.

The temporary shelters market covered in this report is segmented -

1) By Type: Homeless Shelter, Emergency Shelter
2) By Size: Small, Medium, Large
3) By Application: Personnel, Vehicle Mounted, Medical Facility Base, Aircraft Base, Command Post, Other Applications

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Major companies operating in the temporary shelters market include The American Red Cross, The Salvation Army, UNICEF, The Emergency Food and Shelter Program, ShelterBox Trust, National Alliance to End Homlessness, The National Coalition for the Homeless, Covenant House, The Bowery Mission, The Midnight Mission, The Rescue Mission, The Union Rescue Mission, The City Mission, The Samaritan Inn, The Mustard Seed, The Road Home, The House of Charity, The Open Door Mission, The Denver Rescue Mission, The Nashville Rescue Mission, The Atlanta Mission, The Seattle's Union Gospel Mission, The Portland Rescue Mission, The San Francisco City Impact, The Los Angeles Mission, The Good Shepherd Center, The St. Vincent de Paul Society, The Catholic Charities, The Homeless Prenatal Program, The Homeless Children's Education Fund

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

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