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Global Community Housing Services Market Analysis 2025-2030: Growth Drivers, Challenges, And Opportunities
Community Housing Services
What Is the Projected Growth of the Community Housing Services Market?
The market size of community housing services has seen a steady escalation in recent years. The market will surge from $83.19 billion in 2024 to $87.13 billion in 2025, experiencing a compound annual growth rate (CAGR) of 4.7%. The surge during the historic period is primarily due to the establishment of nonprofit housing organizations, introduction of government-endorsed housing projects, execution of social housing policies, rising emphasis on cooperative housing, and initiation of urban renewal schemes.
The market size for community housing services is projected to exhibit consistent expansion in the upcoming years, reaching $103.78 billion in 2029 with a compound annual growth rate (CAGR) of 4.5%. The expected growth during the forecast period can be credited to resilience planning, comprehensive neighborhood development, increased support services, customized solutions for special populations, and community-focused design. The period is also anticipated to witness key trends such as green and sustainable housing initiatives, innovative financial measures, equitable urban development, housing as a health determinant, and community land trusts.
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What Are the Different Community Housing Services Market Segments?
The community housing services market covered in this report is segmented -
1) By Product Type: Single Section Homes, Multi-Section Homes
2) By Service: Temporary And Emergency Shelter Services, Permanent Housing Support Services, Transitional And Assisted Housing Services, Volunteer Construction Or Repair Services, Other Services
3) By End-Users: Victims Of Domestic Violence, Sexual Assault Or Child Abuse, Homeless, Runaway Youths, Parents And Families Caught In Medical Crises, Low-Income Individuals And Families, Elderly Or Disabled
Subsegments:
1) By Single Section Homes: Manufactured Homes, Modular Homes
2) By Multi-Section Homes: Double-Wide Homes, Triple-Wide Homes, Multi-Family Homes
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What Are the Primary Drivers Shaping the Community Housing Services Market?
Federal investment in social services serves as a significant catalyst in the community housing services market. Government support aids numerous homeless individuals in securing shelter. Various global initiatives are undertaken to help the homeless. For example, the US Federal Government annually distributes funding to States/Territories through the Social Services Block Grant (SSBG) with the aim of bolstering social services for at-risk children, adults, and families. Similarly, in India, initiatives like 'Pradhan Mantri Gramin Awaas Yojana' aim to deliver solid homes equipped with basic facilities to homeless families, hoping to construct one crore 25 sqm homes by 2022. The Indian government has also initiated the Shelter for Homeless scheme under the National Urban Livelihood Mission (NULM). This mission envisions various shelter forms, including men's, women's, family, and special shelters (targeting elderly, mentally ill, sick interpersonal) with 75% of the developmental cost supported by the government, and the remaining 25% by the State. Efforts are also on to provide rental accommodation to urban poor from scheduled castes, tribes, other backward classes, migrants, transgender, and senior citizens. Hence, various forms of federal funding are key factors propelling the community housing services market.
Which Companies Are Leading in the Community Housing Services Market?
Major companies operating in the community housing services market include Community Housing Ltd., ResMan LLC, CAHEC Management Inc., The Michaels Inc., RealPage Inc., Yardi Systems Inc., The NRP Group LLC, Herman & Kittle Properties Inc., Community Housing Partners, Dominum Ycp Ltd., La Casa Inc., Housing Resources Inc., Knox Housing Partnership Inc., LDG Development LLC, Kalamazoo Neighborhood Housing Services, The Pacific Companies, Housing & Neighborhood Development Services, Fair community housing services limited, Crossroads Villa Inc., Dantes Partners LLC, Choice Property Resources Inc., SRM Housing Services Private Limited, National Property Management Strategies Group LLC, Housing Development Finance Corporation Ltd., National Affordable Housing Management Association, New Hampshire Housing Finance Authority, Multifamily Loans, The Community Builders Inc.
What Trends Are Expected to Dominate the Community Housing Services Market in the Next 5 Years?
Leading firms in the community housing services industry are concentrating their efforts on creative housing methods such as modular homes, which provide economical, eco-friendly, and adaptable alternatives. Modular houses are pre-constructed units or sections made in a factory and later moved to the location for installation. These homes offer quicker building times, lessens waste, and allows for customization based on specific goals and choices. For example, in April 2022, Clayton Homes, a manufacturing company based in the US, introduced the Section CrossMod Home. This first-ever single section CrossMod residence is aimed at offering a budget-friendly housing solution, with a versatile layout suitable for city plots. This ground-breaking home merges elements of traditional site-constructed and manufactured homes, with the goal to meet the escalating need for easily accessible housing alternatives.
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What Are the Top Revenue-Generating Geographies in the Community Housing Services Market?
Western Europe was the largest region in the community housing services market share in 2024. Asia-Pacific was the second-largest region in the global community housing services market. The regions covered in the community housing services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Community Housing Services Market?
2. What is the CAGR expected in the Community Housing Services Market?
3. What Are the Key Innovations Transforming the Community Housing Services Industry?
4. Which Region Is Leading the Community Housing Services Market?
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