Prefabricated Housing
US demand for prefabricated housing is expected to rise 4.2% per year to 156,900 units in 2024. Growth will be supported by increasing consumer interest in less expensive alternatives to traditional site-built housing. A shortage of affordable housing across the US will spur potential homeowners to consider purchasing manufactured housing and other types of prefabricated structures. Many of these homes are not only less costly, but allow homeowners to customize them to better suit their needs.
This report covers prefabricated housing demand by type and US Census region and subregion. Data is given for all products in unit terms and value terms (US dollars, priced at the manufacturers’ level). The report also identifies leading market participants and looks at some of the factors that will affect prefabricated housing demand going forward.
Demand is broken out for the following product:
Manufactured housing (including single-section, double-section, and three- or more section units)
Modular housing (including tiny homes and accessory dwelling units, or ADUs)
Precut housing (including log homes, A-frame homes, post and beam homes, and dome homes)
Panelized housing
And for the following US Census regions and subregions:
Northeast (New England and Middle Atlantic)
Midwest (East North Central and West North Central)
South (South Atlantic, East South Central, and West South Central)
West (Mountain and Pacific)
Scope of the Report
This report analyzes the scope, size, and growth of the US prefabricated housing market. Historical data are provided for 2009, 2014, and 2019 with forecasts for 2024 and 2029. Data is offered in unit terms and in dollar value terms for all housing types, such as manufactured housing, modular housing, precut housing, and panelized housings. Also included is an analysis of factors driving spending and a look at key industry participants.
- Executive Summary
- Table Figure 1-1 | Prefabricated Housing Market
- Overview
- Study Scope & Types of Prefabricated Housing
- Historical Market Trends
- Table Prefabricated Housing Market, 2002 - 2019
- Prefabricated Housing Unit Demand
- Table Prefabricated Housing Demand by Type & Market, 2009 - 2029
- Table Figure 2-1 | Prefabricated Housing Demand by Type, 2009 - 2029
- Prefabricated Housing Value Demand
- Table Prefabricated Housing Demand by Type, 2009 - 2029
- Near-Term Impact of COVID-19
- Pricing Outlook
- Table Average Prefabricated Housing Retail Prices by Type, 2009 - 2029
- Table Figure 2-2 | Average Retail Housing Prices, 2009 - 2029
- Foreign Trade & Stock Changes
- Table US Prefabricated Housing Supply & Demand, 2009 - 2029
- Factors Impacting Housing Demand
- Residential Construction Trends
- Housing Starts
- Housing Stock
- Table Figure 3-1 | US Housing Stock, 2009 - 2029
- Urban/Rural Housing Patterns
- Table Figure 3-2 | US Urban/Rural Housing Patterns, 2009 - 2019
- Consumer Financing Trends
- Table Consumer Financing Environment, 2009 - 2019
- Regulatory Issues
- HUD Code
- Local Zoning
- Transportation Regulations
- Real Estate Development Trends
- Green Building Trends
- Cost Advantages Relative to Site-Built Housing
- Table Figure 3-3 | Housing Total Cost by Type, 2009 - 2029
- Residential Construction Trends
- Manufactured Housing
- Product Description
- Supply & Demand
- Table Manufactured Housing Supply & Demand, 2009 - 2029
- Table Figure 4-1 | Manufactured Housing Demand, 2009 - 2029
- Value Demand & Total Installed Value
- Table Manufactured Housing Demand & Installed Value, 2009 - 2029
- Number of Sections
- Demand by Type
- Table Manufactured Housing Demand by Type, 2009 - 2029
- Single-Section
- Table Single-Section Manufactured Housing Demand & Average Floor Space, 2009 - 2029
- Double-Section
- Table Double-Section Manufactured Housing Demand & Average Floor Space, 2009 - 2029
- Three or More Sections
- Table Three or More Section Manufactured Housing Demand & Average Floor Space, 2009 - 2029
- Demand by Type
- Producers & Market Share
- Table Manufactured Housing Shipments by Company, 2019
- Table Figure 4-2 | Manufactured Housing Market Share by Company, 2019
- Cost Advantages Relative to Site-Built Construction
- Table Figure 4-3 | Cost Comparisons: Manufactured Housing & Site-Built Housing, 2019
- Customer Base
- Buyer Characteristics
- Regional Variation in Demand
- Table Manufactured Housing Shipments by State, 2019
- Table Figure 4-4 | Manufactured Housing Shipments by State, 2019
- Housing Market Penetration by State
- Table Manufactured Housing Shipments as a Share of Housing Starts by State, 2019
- Table Figure 4-5 | Manufactured Housing Shipments as a Share of Total Housing Starts by State, 2019
- Community Ownership Trends
- Modular (System-Built) Housing
- Product Description
- Supply & Demand
- Table Modular Housing Supply & Demand, 2009 - 2029
- Table Figure 5-1 | Modular Housing Demand, 2009 - 2029
- Value Demand & Total Installed Value
- Table Modular Housing Demand & Installed Value, 2009 - 2029
- Tiny Homes
- Customer Base
- Producers & Market Share
- Table Modular Housing Shipments by Company, 2019
- Table Figure 5-2 | Modular Housing Market Share by Company, 2019
- Precut Housing
- Product Description
- Supply & Demand
- Table Precut Housing Supply & Demand, 2009 - 2029
- Table Figure 6-1 | Precut Housing Demand, 2009 - 2029
- Value Demand & Total Installed Value
- Table Precut Housing Demand & Installed Value, 2009 - 2029
- Log Houses
- Table Figure 6-2 | Log House Example
- Dome, A-Frame, Post-&-Beam
- Table Figure 6-3 | Dome, A-Frame, & Post-&-Beam Examples
- Customer Base
- Producers
- Panelized Housing
- Product Description
- Supply & Demand
- Table Panelized Housing Supply & Demand, 2009 - 2029
- Table Figure 7-1 | Panelized Housing Demand, 2009 - 2029
- Value Demand & Total Installed Value
- Table Panelized Housing Demand & Installed Value, 2009 - 2029
- Customer Base
- Producers
- Regions
- Demand by Region
- Table Prefabricated Housing Demand by Region, 2009 - 2029
- Table Figure 8-1 | Prefabricated Housing Demand by Region, 2009 - 2029
- Northeast
- Demand by Prefabricated Housing Type
- Table Northeast Prefabricated Housing Demand by Type, 2009 - 2029
- Table Figure 8-2 | Northeast Prefabricated Housing Demand by Type, 2009 - 2029
- Demand by Subregion
- Table Northeast Prefabricated Housing Demand by Subregion, 2009 - 2029
- Table Figure 8-3 | Northeast Prefabricated Housing Demand, 2009 - 2029
- New England
- Table Figure 8-4 | New England Prefabricated Housing Demand Share by Type, 2019
- Middle Atlantic
- Table Figure 8-5 | Middle Atlantic Prefabricated Housing Demand Share by Type, 2019
- Demand by Prefabricated Housing Type
- Midwest
- Demand by Prefabricated Housing Type
- Table Midwest Prefabricated Housing Demand by Type, 2009 - 2029
- Table Figure 8-6 | Midwest Prefabricated Housing Demand by Type, 2009 - 2029
- Demand by Subregion
- Table Midwest Prefabricated Housing Demand by Subregion, 2009 - 2029
- Table Figure 8-7 | Midwest Demand, 2009 - 2029
- East North Central
- Table Figure 8-8 | East North Central Prefabricated Housing Demand Share by Type, 2019
- West North Central
- Table Figure 8-9 | West North Central Prefabricated Housing Demand Share by Type, 2019
- Demand by Prefabricated Housing Type
- South
- Demand by Prefabricated Housing
- Table South Prefabricated Housing Demand by Type, 2009 - 2029
- Table Figure 8-10 | South Prefabricated Housing Demand by Type, 2009 - 2029
- Demand by Subregion
- Table South Prefabricated Housing Demand by Subregion, 2009 - 2029
- Table Figure 8-11 | South Prefabricated Housing Demand, 2009 - 2029
- South Atlantic
- Table Figure 8-12 | South Atlantic Prefabricated Housing Demand Share by Type, 2019
- East South Central
- Table Figure 8-13 | East South Central Prefabricated Housing Demand Share by Type, 2019
- West South Central
- Table Figure 8-14 | West South Central Prefabricated Housing Demand Share by Type, 2019
- Demand by Prefabricated Housing
- West
- Demand by Prefabricated Housing Type
- Table West Prefabricated Housing Demand by Type, 2009 - 2029
- Table Figure 8-15 | West Prefabricated Housing Demand by Type, 2009 - 2029
- Demand by Subregion
- Table West Prefabricated Housing Demand by Subregion, 2009 - 2029
- Table Figure 8-16 | West Prefabricated Housing Demand, 2009 - 2029
- Mountain
- Table Figure 8-17 | Mountain Prefabricated Housing Demand Share by Type, 2019
- Pacific
- Table Figure 8-18 | Pacific Prefabricated Housing Demand Share by Type, 2019
- Demand by Prefabricated Housing Type
- Demand by Region
- Industry Structure
- Key Findings & Industry Composition
- Table US Prefabricated Housing Sales by Company, 2019
- Market Share
- Table Figure 9-1 | US Prefabricated Housing Market Share, 2019
- Table Figure 9-2 | Prefabricated Housing Market: Leading Supplier, 2019
- Table Figure 9-3 | Prefabricated Housing Market: Second Leading Supplier, 2019
- Table Figure 9-4 | Prefabricated Housing Market: Third Leading Supplier, 2019
- Marketing & Distribution
- Mergers & Acquisitions
- Table Selected Mergers & Acquisitions
- List of Industry Participants
- Table Selected Industry Participants
- Key Findings & Industry Composition
- Appendix
- Scope
- Table Study Scope: US Geographic Regions & Subregions
- Table Relevant Industry Codes
- Table Relevant HS Codes
- Definitions
- Abbreviations
- Table Abbreviations & Acronyms Used in Study
- Freedonia Methodology
- Study-Specific Methodology
- Sources
- Associations & Agencies
- Related Studies & Reports
- Macroeconomic Assumptions
- Economic Environment
- Table February 2020 Macroeconomic Indicators, 2009 - 2024
- Table Figure 10-1 | Real GDP: February 2020 Forecast vs. April 2020 Revised Forecast
- Table Figure 10-2 | Annual Growth in Real GDP, 2000 - 2019, Compared to 1980 - 2005 Average
- Regional Economic Outlook
- Table Gross Domestic Product by Region, 2009 - 2019
- Demographic Trends
- Table Resident Population & Households, 2009 - 2029
- Table Figure 10-3 | Annual Population Growth, 2004 – 2019
- Consumer Spending
- Table February 2020 Personal Consumption Expenditures, 2009 - 2024
- Table Figure 10-4 | Personal Consumption Expenditures: February 2020 Forecast vs. April 2020 Revised Forecast
- Housing Starts
- Table New Housing Indicators, 2009 - 2029
- Economic Environment
- Scope
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