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Prefabricated Home Manufacturing in Canada - Industry Market Research Report

Publisher IBISWorld
Published Nov 10, 2024
Length 78 Pages
SKU # IBSS19493064

Description

Prefabricated Home Manufacturing in Canada - Industry Market Research Report


Prefabricated Home Manufacturing in Canada

Prefabricated home suppliers produce modular and manufactured homes that are low-cost substitutes to traditional, site-built units. The industry caters to more marginal homebuyers and experienced a notable swing in sales during the past five years. Rising home prices during the period priced more buyers out of the traditional housing market and raised demand for prefabricated homes. Despite broader economic disruptions to the Canadian economy due to the COVID-19 pandemic, rising incomes and favourable financial conditions stoked demand for manufactured homes in 2020 and 2021. As borrowing rates climbed and building costs rose, demand is estimated to have fallen sharply in 2022. Overall, revenue is forecast to drop at a CAGR of 1.2% to $2.3 billion over the five years to 2023, including a decrease of 2.9% during the current year as demand continued to falter due to higher rates and prices.

The Prefabricated Home Manufacturing industry in Canada comprises establishments primarily engaged in manufacturing mobile homes and nonresidential mobile buildings, in addition to prefabricated or pre-cut wood buildings, sections and panels. Industry structures are portable units built on a chassis equipped with wheels, but not designed for multiple or continuous movement.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Table of Contents

78 Pages
ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

Pricing

Currency Rates
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