PUBLISHER: Allied Market Research | PRODUCT CODE: 1193395
PUBLISHER: Allied Market Research | PRODUCT CODE: 1193395
The global foldable houses market size was valued at $7,112.4 million in 2021, and is projected to reach $16,830.0 million by 2031, registering a CAGR of 9.0% from 2022 to 2031. Manufactured at an offsite facility, the foldable house consists of walls, roof, and floor connected via hinge joints, allowing these elements to be folded one over the other. The entire folded unit is transported to the location and unfolded to form a house.
Foldable houses come in varied sizes according to the number of people going to occupy them. A single-section house is best suited for a small family, while the multi section house is appropriate for a large or extended family.Furthermore, foldable houses are cheap, easy to manufacture, and quick to deploy; thereby, making it a suitable option for making shelters for homeless people, and natural calamity victims. In addition, its relative inexpensiveness makes it a preferable housing option for people with budget constraints. Moreover, the materials used in a foldable house such as steel, aluminum, and wood, are highly recyclable and have a less negative impact on the environment. This is not the case with construction involving concrete as the complete life cycle of concrete has a degrading impact on the environment. Such factors are expected to drive demand for foldable houses in the coming years.
The foldable houses market is segmented on the basis of construction type, architecture type, end user, and region. On the basis of construction type, the market is categorized into single section and multi section. On the basis of architecture type, the market is segmented slope roof and flat roof. And, on the basis of end user, it is bifurcated into single family and multi family. On the basis of region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The major players that operate in the global market have adopted key strategies such as business expansion, and product launch to strengthen their market outreach and sustain the stiff competition in the market.
Competition Analysis
Key companies profiled in the foldable houses market report include A-FOLD Houses, Boxabl, Brette Haus, Guangzhou Moneybox Steel Structure Engineering Co.,Ltd, Karmod Prefabricated Technologies, Henan K-Home Steel Structure Co., Ltd., MADI Homes, Rohe Homes, Spark Business Group Pty Ltd. and Weizhengheng Modular House.
Key Benefits For Stakeholders
By Construction Type
By Architecture type
By End user
By Region