Allied Market Research

Manufactured Housing Market Expected to Reach $38.8 Billion by 2027


Report Code : A06218

quote The manufactured housing market has witnessed significant growth over the past decade, owing to rapid urbanization and spurt in population growth in developing countries. Increase in government spending on affordable housing and investments by private institutions in the construction sector is expected to drive the growth of the manufactured housing market during the forecast period. A number of players are expanding their business through acquisition and partnership to strengthen their foothold in the global market. By application, the residential segment dominated the manufactured housing market in 2019, in terms of revenue. This is attributed to the fact that demand for manufactured housing is increasing, owing to rise in need for affordable and quality accommodation for growing population around the globe. Depending on location, the private property segment is expected to grow at the highest CAGR during the forecast period, owing to rise in first time home buyers in developed count quote

Vivek Banik
Senior Research Analyst, Construction and Manufacturing at Allied Market Research

Get 20% Free Customization In This Report
Follow us on Social Media:       

According to a new report published by Allied Market Research, titled, “Manufactured Housing Market by Number of Section, Location and Application: Opportunity Analysis and Industry Forecast, 2020–2027,” the global manufactured housing market size was valued at $127,188.0 million in 2019, and is projected to reach $38,848.50 million by 2027, registering a CAGR of 6.5% from 2020 to 2027. Growth of the global manufactured housing market is driven by growth in population and rapid urbanization around the globe. For instance, according to the European Commission, 56% population of Africa and 64% population of Asia will live in urban areas by 2050. This is expected to result in the demand for affordable and quality housing, which is anticipated to boost the growth of the market during the forecast period.

Rise in demand for manufactured homes can be attributed to its features such as affordable cost of construction, reduced lead time of construction, and quality control over entire construction in real time. Technological advancements such as computer aided design & manufacturing and 3D printing & construction robotics is expected to boost the demand for manufactured housing across the globe. For instance, Blueprint Robotics Inc. which is U.S. based construction robotics startup, use advanced robots and BIM (Building Information Modeling) for off-site manufacturing of housing units. Experts in the field of construction says that manufactured housing is a promising solution to fill the shortage of affordable housing around the globe. 

North America dominated the global manufactured housing market in 2019, in terms of revenue, accounting for around 40.0% share of the global market, followed by Europe and Asia-Pacific respectively. Growth of the manufactured housing market in North America can be attributed to rise in prices of housing units. For instance, in July 2020, Federal Reserve Bank of St. Louis has published the economic data in the U.S., according to this data median selling price of houses has increased by 5.1 % in first quarter of 2020 as compared to first quarter of 2019. Asia-Pacific is expected to register the highest CAGR of 8.80% during the forecast period owing to rapid growth in population and degree of urbanization. 

By number of sections, the double section segment has accounted for the largest share in the global manufactured housing market in 2019, and is expected to witness significant growth during the forecast period, owing to rise in single and multi-family homes which requires comfortable space in limited budget. In terms of application, the residential segment secured the highest share in the manufactured housing market in 2019, and is expected to grow at a CAGR of 6.5% during the forecast period. 

The key players operating in the global manufactured housing industry have adopted partnership and acquisition as their key developmental strategies to strengthen their foothold in the global market. For instance, in April 2017, Cavco Industries, Inc. based in the U.S. has acquired Lexington Homes, Inc. based in Mississippi, U.S. Lexington Homes is a manufacturer and distributor of manufactured homes. This acquisition is expected to strengthen the foothold of Cavco Industries, Inc. in Southeastern U.S. 

The outbreak of COVID-19 has a negative impact on the production of manufactured housing units, and is expected to hamper the manufactured housing market growth throughout the year. This has further affected the demand for manufactured homes from developing countries, including India, China, and others; thereby, halting the production activities. In addition, the disruption of supply chains is causing hindrance in manufacturing of the manufactured homes around the globe.

The key players profiled in the manufactured housing market report include Berkshire Hathaway Inc., Cavco Industries Inc., Cumberland Japan Co. Ltd., Domino Homes SIA, Nobility Homes Inc., Omar Park Homes Ltd., Q Prefab OÜ, Skyline Champion Corporation, The Commodore Corporation, and Wigo Group.

Key Findings Of The Study

  • The report provides an extensive analysis of the current and emerging manufactured housing market trends and dynamics.  
  • Depending on number of sections, the double section segment dominated the manufactured housing market, in terms of revenue in 2019 and is projected to grow at a significant CAGR during the forecast period.
  • By location, MH communities has the highest share of revenue in 2019
  • By application, the residential segment registered highest revenue in 2019.
  • Asia-Pacific region is projected to register the highest growth rate in the coming years. 
  • The key players within the manufactured housings market are profiled in this report, and their strategies are analyzed thoroughly, which help understand the competitive outlook of the manufactured housing industry. 
  • The report provides an extensive analysis of the current trends and emerging opportunities of the market.  
  • In-depth manufactured housing market analysis is conducted by constructing estimations for the key segments between 2020 and 2027. 

Need More Information

pr-det-talk Talk to David (Europe)

pr-det-talk Talk to Sona Padman (Americas)

5933 NE Win Sivers Drive #205,
Portland, OR 97220 United States

pr-det-phone Toll Free: +1-800-792-5285

pr-det-phone UK: +44-845-528-1300

pr-det-phone Hong Kong: +852-301-84916

pr-det-phone India (Pune): +91 2066346060

pr-det-phone Fax: +1(855) 550-5975



For Media Inquiries, Please Contact

Ram D
Communications Officer
Allied Market Research
Contact Toll Free: +1-800-792-5285
Drop us an email at


First time buyer?
Check offers and discount on this report
To get this report

Click Here

quote Manufactured Housing Market by Number of section (Single Section, Double Section, and Multi-Section), by Location (Private Property and MH Communities), Application (Residential and Non- Residential): Global Opportunity Analysis and Industry Forecast, 2020–2027 quote

View Report
Avenue Video Loading...

Avenue: Entire Library membership of Allied Market Research Reports at your disposal

  • Avenue is an innovative subscription-based online report database.
  • Avail an online access to the entire library of syndicated reports on more than 2,000 niche industries and company profiles on more than 12,000 firms across 11 domains.
  • A cost-effective model tailored for entrepreneurs, investors, and students & researchers at universities.
  • Request customizations, suggest new reports, and avail analyst support as per your requirements.
  • Get an access to the library of reports at any time from any device and anywhere.


Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction


On-demand customization of scope of the report to exactly meet your needs

Targeted Market View

Targeted market view to provide pertinent information and save time of readers


Featured Readings


Get Fresh content delivered

Get insights on topics that matter to your business. Stay updated on the area that interests you.

Get Industry Data Alerts

Buy Full Version
"Manufactured Housing Market"
Purchase Enquiry