Container Homes Market Overview:
The global container homes market size is expected to reach $73,070.5 million by 2025, from $44,768.6 million in 2017, growing at a CAGR of 6.5% from 2018 to 2025.
Container homes are homes developed using shipping containers used to carry goods on trains, trucks, and ships. These houses can be built using both new or idle containers and old or scrap containers. Architects are building houses of different shapes and sizes using these giant blocks. With use of shipping containers, the builders can construct sustainable and affordable homes with high quality. In addition, these container homes are marketed as environment friendly homes, as these homes are made from used containers, which conserve metal resources. Companies such as Giant Containers, Container Homes USA, SG Blocks Inc., and other leading players occupy a major share in the container homes market.
The reduced construction cost majorly drives the demand for container homes market as most of the architects are building homes developed using old shipping containers, where there more than 14 million out-of-service containers are easily available in market at a low cost. Furthermore, the homes built using containers can be constructed within short period of time as compared to regular homes and require less cost for construction. In addition, the container homes are easy to install and relocate, as these homes can be built in factory and installed at the required location, or they can be constructed at site directly according to the requirement. These factors majorly drive the demand for container homes in the market. Moreover, the government, in many developed regions, such as Europe and others, has formulated initiatives that focus on designing, building, and operating structures following green building concept, for efficient use of energy and resources used for construction. This in turn increases the demand for homes built using old containers. However, the homes built using old and scrap containers have limited life span. These homes can last only 25-30 years, as these old containers have higher possibility of corrosion, which is expected to hinder the growth of the container homes market.
The container homes can protect interior architecture from the changes in the external environment, as proper insulation is provided in these prefabricated homes. This in turn is expected to boost the demand for container homes in cold regions. Furthermore, the growth in population and urbanization in large and developed cities increases the need for new construction, where the limited availability of space is a major constraint. This in turn boosts the demand for compact and movable homes. Container homes are smaller in size and can be moved from one place to another. This factor is expected to fuel the demand for container homes. However, the container homes need to install robust HVAC systems for heating and cooling the internal architecture in extreme hot and cold regions, respectively. These factors hinder the growth of the market.
Nonetheless, scarcity of housing units in developing economies, such as Africa, is expected to provide lucrative growth opportunity to architectures to expand business in this region. Furthermore, increase in focus toward adoption of affordable housing structures is also expected to provide lucrative growth opportunities in the container homes market.
The global container homes market is segmented by container type, offering, architecture type, construction type, end user, and region. The container type segment includes type of containers used for building homes, which are new/idle containers and old/scrap containers. In 2017, the old/scrap containers segment dominated the market, in terms of revenue, and is expected to maintain this trend in the coming years. The offering segment is further bifurcated into factory-built homes and on-site built homes, among which on-site built container homes segment is expected to secure the highest share during forecast period. By architecture type, the market is divided into tiny houses, duplex/bungalows, and Multistory buildings/apartments. The multi storey buildings/apartments segment is expected witness the highest CAGR during the forecast period.
By construction type the market is sub segmented into fixed and movable homes. Based on end-user, the market is categorized into residential homes, recreational homes, emergency homes, and nursing homes. The residential homes segment is anticipated to dominate the global container homes market throughout the forecast period. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. In 2017, North America accounted for the highest share in the container homes market and is anticipated to secure the leading position during the forecast period.
Competition Analysis
Competitive analysis and profiles of the major container home market players, such as Anderco Pte Ltd., Container Homes USA, Giant Containers, HONOMOBO, Royal Wolf., SG Blocks, Inc., Shanghai Haicheng Special Steel Container Co., Ltd., Speed House Group of Companies., Supertech Industries, and Temohousing are provided in this report.
Key Benefits forContainer Homes Market:
- The report provides an extensive analysis of the current and emerging market trends, and dynamics in the global container homes market.
- In-depth analysis is conducted by constructing market estimations for the key market segments between 2018 and 2025.
- Extensive analysis of the market is conducted by following key product positioning and monitoring of the top competitors within the market framework.
- A comprehensive analysis of all regions is provided to determine the prevailing opportunities in these geographies.
- Key market players within the container homes market are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the global container homes market.
Container Homes Key Market Segments:
By Solution
- New/Idle Container
- Old/Scrap Container
By Offering
- Factory Built
- On-Site Built
By Architecture Type
- Tiny House
- Duplex/Bungalow
- Multistory Building/Apartments
By Construction Type
- Fixed
- Movable
By End User
- Residential Homes
- Recreational Homes
- Emergency Homes
- Nursing Home
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- Netherlands
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Australia
- Rest of Asia Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Players
- Anderco Pte Ltd.
- Container Homes USA
- Giant Containers
- HONOMOBO
- Royal Wolf.
- SG Blocks, Inc.
- Shanghai Haicheng Special Steel Container Co., Ltd.
- Speed House Group of Companies.
- Supertech Industries
- Temohousing
Container Homes Market Report Highlights
| Aspects | Details |
 By Container type |
|
 By Offering |
|
 By Architecture Type |
|
 By Construction Type |
|
 By End-User |
|
 By Region |
|
 Key Market Players | Royal Wolf Holdings Limited, Shanghai Haicheng Special Steel Container Co., Ltd., Supertech Industries, Anderco Pte Ltd., Speed House Group of Companies., Container Homes USA, SG BLOCKS, INC., HONOMOBO, Temohounsing, GIANT CONTAINERS |
Analyst Review
The global container homes market signifies a noteworthy growth due to the increase in deployments in the emerging countries such as India, China, Singapore, and others. Further, reduced construction cost, ease of installation and relocation, increase in focus toward adoption of green building concepts, rise in need for protection of architecture from environmental impacts, and need for compact & movable homes in large cities due to lack of space, are the major factors that fuel the demand for container homes market. However, high risk on corrosion to these homes and short life space are expected to hinder the market growth.
Container homes have wide demand in North America, followed by Asia-Pacific, Europe, and LAMEA. The highest share of the North America market is attributable to increase in focus toward the adoption of affordable housing structures and limited availability of space for new construction. Moreover, custom-built container homes have more demand in the market, as they are simple to assemble and modify.
In addition, various leading manufacturers such as Anderco Pte Ltd., Container Homes USA, Giant Containers, HONOMOBO, Royal Wolf., SG Blocks, Inc., Shanghai Haicheng Special Steel Container Co., Ltd., Speed House Group of Companies, Supertech Industries, and Temohousing occupy a prominent revenue share in the container homes market.
The global container homes market size is expected to reach $73,070.5 million by 2025, growing at a CAGR of 6.5%
By container type, the old/scrap container holds the maximum market share of the container homes market, which was 77.3% in 2017.
To get latest version of container homes market report
The reduced cost and time required for construction of container homes, ease of installation and relocation, and government initiatives towards green building
The market size of the container homes market in 2017 was $44,768.6 million.
Based on top growing big corporation, we select top 10 players.
The report contains an exclusive company profile section, where leading 10 companies in the market are profiled.
The factors such as limited availability of space in large cities, increase in need for protection of architecture from changing environment
The key growth strategies adopted by the industry players are partnership, alliance, business expansion, and acquisition.
The end-users of container homes market are residential homes, recreational homes, emergency homes, and nursing homes.
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