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Key Trends Reshaping the Single-Family Housing Green Buildings Market: Rise Of Net-Zero Homes A Sustainable Revolution In Residential Construction Industry Transformation
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Single-Family Housing Green Buildings Market Size Growth Forecast: What to Expect by 2025?
The market size of green buildings in the single-family housing sector has seen substantial growth in the past few years. It is projected to increase from $156.76 billion in 2024 to $179.09 billion in 2025, with a compound annual growth rate (CAGR) of 14.2%. The significant growth in the past years has been mainly due to factors such as environmental consciousness, energy conservation, health and wellness, and resale value.
How Will the Single-Family Housing Green Buildings Market Size Evolve and Grow by 2029?
In the coming years, the market for green buildings in the single-family housing segment is anticipated to experience swift expansion. It's forecasted to attain a worth of $314.58 billion by 2029, growing at a compound annual growth rate (CAGR) of 15.1%. This projected expansion during the forecasted period is largely due to factors like climate change and sustainability, energy efficiency standards, sustainable materials, and advancements in smart home technologies. Other key trends occurring within this period include an emphasis on energy efficiency, integration of renewable energy, passive house construction, and the use of smart home technology.
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What Drivers Are Propelling the Growth of Single-Family Housing Green Buildings Market Forward?
The rise in single-family residential green buildings can be attributed to heightened consumer interest. Notably, millennials are displaying increased attention towards sustainable and net-zero energy homes, given they are sensitive to environmental issues. They prefer green building designs that incorporate natural and renewable resources. The growing understanding of the advantages that come with sustainable green practices - including reduced exposure to toxins and pollutants found in building materials, decreased indoor air contamination, and enhanced environmental health and quality - is fueling the expansion of the single-family green housing market.
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Which Emerging Trends Are Transforming the Single-Family Housing Green Buildings Market in 2025?
The trend of sustainable living is gathering momentum, with both consumers and builders exerting efforts for greater sustainability in their homes, notably through the creation of Net-zero homes. These are homes that are self-sustaining and have a reduced carbon footprint, as they generate their own energy on-site and aim to at least match their energy consumption with their output. As a case in point, Mahindra Lifespace Developers Ltd., an India-based firm specializing in real estate and infrastructure development, introduced Mahindra Zen in April 2024. This is the inaugural Net Zero Waste + Energy residential initiative, and the response was overwhelming. Within two days, more than 150 homes -- equivalent to roughly 65% of the total units -- were snapped up, generating over ?350 crore ($0.041 billion) in sales. This clear demonstration of the appeal of sustainable living also reinforces Mahindra Lifespaces' environmental credentials in the real estate sector.
What Are the Key Segments in the Single-Family Housing Green Buildings Market?
The single-family housing green buildings market covered in this report is segmented -
1) By Type: New Constructions, Remodeling Projects
2) By Product: Interior Products, Exterior Products
3) By Construction Type: Full Green, Semi Green
Subsegments:
1) By New Constructions: Energy-efficient Homes, Sustainable Homes, Eco-friendly Homes
2) By Remodeling Projects: Green Home Renovations, Energy-efficient Upgrades, Sustainable Retrofitting, Eco-friendly Home Improvements
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Who Are the Key Players Shaping the Single-Family Housing Green Buildings Market's Competitive Landscape?
Major companies operating in the single-family housing green buildings market include Turner Construction Co., Clark Group, AECOM, Hensel Phelps, Holder Construction, The Whiting-Turner Contracting Co., Gilbane Building Co., Skanska USA, Structure Tone, Webcor Builders, Lendlease, Clayco, Suffolk Construction, DPR Construction, PCL Construction Enterprises, Walsh Group, Balfour Beatty US, BL Harbert, Level 10 Construction, Austin Commercial, James G. Davis Construction, JE Dunn Construction, Power Construction, Consigli Building Group, McCarthy Holdings, Hoffman Construction, Brasfield & Gorrie, Mortenson Construction, Sundt Construction, HITT Contracting, Hathway Dinwiddie Construction, The Beck Group, The Weitz Company, The Boldt Company, The Opus Group, The Korte Company, Ryan Companies US Inc., The Haskell Company
What Geographic Markets Are Powering Growth in the Single-Family Housing Green Buildings Market?
Asia-Pacific was the largest region in the single-family housing green buildings market in 2023. Africa is expected to be the fastest-growing region in the single-family housing green buildings market during the forecast period. The regions covered in the single-family housing green buildings market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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