Global Manufactured Housing Market Expected to Reach USD 21,200.7 Million by 2027

According to a recent market study published by Growth Market Reports (GMR), titled, “Global Manufactured Housing Market by Construction Type, Product Type, and Region: Size, Share, Trends and Opportunity Analysis, 2017-2027”, the market was valued at USD 16,854.9 Million in 2019 and is expected to grow at a growth rate of 3.3% by the year 2027. Based on construction types, the manufactured housing market is bifurcated as a single section and multi-section. A single section manufactured house is projected to hold a significant share of the market. Single wide houses require less time to build than multi-section houses and stranding price single wide houses is also less as it requires less construction material. Single section houses are considered to be one of the most versatile types of factory-built in houses as they provide a wide range of designs and layouts within a relatively small footprint.

Request a free sample copy: https://growthmarketreports.com/request-sample/41

The demand for manufactured houses in the world is growing day by day as the need for affordable, quality housing is increasing. Today’s manufactured homes provide outstanding performance and quality that are up to 50% square foot than the on-site built homes. These types of homes in the world are allowing more and more people to own their homes. Moreover, modern manufactured houses have experienced an evolution in the quality and type of homes available to the buyer. Technological advancement allowed the manufactures to offer a variety of exterior finishes and architectural styles.

Based on region, the global manufactured housing market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as US., and Canada. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, India, Rest of Asia Pacific(APAC). The Europe region is further categorized into UK, Germany, France, Italy, Spain, Russia, Rest of Europe, and the MEA region is further divided into Saudi Arabia, South Africa, UAE, and Rest of MEA.

For More Information: https://growthmarketreports.com/enquiry-before-buying/41

As per GMR industry analyst Rajat Verma, “The Global manufactured housing market is anticipated to witness significant growth during forecast period 2020-2027. Increase in demand for energy efficient houses, is expected to drive the demand for the manufactured housing market. Manufactured houses modules are made in factories under a controlled environment and are not exposed to external weather conditions. North America accounts for a significant share of the market, followed by Europe. The market in Asia Pacific is projected to expand at significant CAGR during the forecast period. In this region acceptance of high-rise apartments is more due to less availability of spaces and rising population especially in China, India, and South Korea. China holds a majority share of the manufactured housing market in Asia Pacific; however, the market in the country is expected to grow at a slow pace, as the demand for houses in Japan has decreased.

• In terms of region, North America leads the global manufactured housing market. The market in this region is projected to expand at a considerable CAGR during the forecast period. North America is a key region in the market due to due to the presence of many top players which hold a significant share in the market both locally and globally.
• Asia-Pacific region is expected to develop in this market during the forecast period due to rise in building of manufacturing units in the countries of Asia-Pacific such as China and Korea.

Buy Full Report at https://growthmarketreports.com/report/manufacturing-houses-market-global-industry-analysis

Report Scope:

Target Audience:

• Supply-side: Manufactured housing manufacturers, raw material suppliers, primary respondents, and distributors.
• Demand Side: Individual, Housing Societies, People Communities etc.
• Regulatory Side: Concerned government authorities, commercial research & development (R&D) institutions, and other regulatory bodies.
• Associations and Industry Bodies: Environmental Protection Agency (EPA), International, Organization for Standardization (ISO), Organization of Plastics Processors of India (OPP), Ministry of Health, Labor and Welfare (MHLW), World Trade Organization (WTO), Federal Construction and Safety Standards, American National Standards Institute (ANSI), Indian Centre for Plastics in the Environment (ICPE).

Request a free sample copy: https://growthmarketreports.com/request-sample/41

About Us:
Our reports are more than just research reports to us. They are tools that enable us to maintain long-term relationships with our clients whom we honor and cherish. Our client’s business growth is integral for not only them but also us. This is what differentiates us from other market research companies.

At GMR, we provide our expertise and guideline for success. Our team of efficient and experienced researchers and consultants provide progressive market intelligence reports that are accurate, authentic, and in-depth. This empowers the clients to make well-informed decisions.

Moreover, we offer market intelligence studies, ensuring relevant and fact-based research across a range of industries including chemicals and materials, energy, automobile, healthcare, consumer goods, and technology. Our deep understanding of many business environments across industries such as those mentioned above allows us to deliver tailor-made reports.

Tags: Manufacturing Houses Market analysis, Manufacturing Houses Market forecast, Manufacturing Houses Market players, Manufacturing Houses Market scope, Manufacturing Houses Market share, Manufacturing Houses Market size, Manufacturing Houses Market trends, Manufacturing Houses Market See Campaign: https://growthmarketreports.com/
Contact Information:
Contact Us: Alex Mathews Head of Business Development Phone No.: +1 909 545 6473 Email – sales@GrowthMarketReports.com Website – https://GrowthMarketReports.com Address – 500 East E Street, Ontario, CA 91764, United States.

Tags:
, Reportedtimes, iCN Internal Distribution, Research Newswire, English