Germany Manufactured Homes Market Size
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2020 - 2022 |
| CAGR | 4.00 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Germany Manufactured Homes Market Analysis
Germany Manufactured Homes Market is USD 8.2 billion in the current year estimated to register a CAGR of over 4% during the forecast period.
- One important demographic for manufactured homes is low-income households. Due to the COVID-19 pandemic and its restrictions in Germany, some low-income households have experienced job losses or reduced working hours. Typically, consumers who buy manufactured homes buy the house and rent the land. The availability of home-only financing has become more challenging for some lenders, which may have an impact on the demand for manufactured houses.
- In Germany, the epidemic has resulted in fewer sales for operators of manufactured home communities, but many believe that demand will pick up once lockdown restrictions are relaxed and more people start working again.
- Demand for manufactured housing is on the rise especially in the developing urban areas of Germany because manufactured homes provide benefits like reduced environmental impact and energy efficiency. Operational effectiveness and cheaper manufacturing costs are manufactured homes' main competitive advantages. These benefits result from the ability to apply standardized procedures in a regulated industrial setting, which decreases waste, gets rid of weather-related delays, and lowers the possibility of theft and vandalism.
- A centrally trained and supervised labor force that is more productive can be used by operators of manufactured housing, giving them greater flexibility and avoiding the challenges of managing a complicated web of paid contractors. Last but not least, manufactured home manufacturers have a cost advantage over materials and appliances thanks to procurement efficiency and volume. In general, manufactured homes cost about half as much per square foot as newly constructed homes on-site.
- Some of the primary challenges faced by the market in Germany are Land-Use Restrictions and Financing. Some of the recent technologies that are used in manufactured homes include built-in wireless connectivity, pop-up power strips, keyless entry, and NEST Thermostats.
Germany Manufactured Homes Market Trends
This section covers the major market trends shaping the Germany Manufactured Homes Market according to our research experts:
Rapid Urbanization in the Region is Driving the Market
According to the Industry Association, 78% of Germans would live in cities as of 2022. The main driver of German urbanization is industrial sector growth. At present, more people live in cities and urban areas in Germany than in the majority of other countries.
Rapid transformational expansion in Berlin brings both opportunities and difficulties for urban development planning. To keep Berlin a viable and international metropolis, the city government is dedicated to a culture of engagement in controlling growth. Additionally, the sustainable growth of the city is supported by the Urban Development Concept Berlin 2030.
As long as there are more individuals employed in offices and service-related enterprises, the urban expansion will continue. The Berlin metropolitan region, which houses the largest port, the greatest industrial hub, the most significant center for office work, and the country's capital, is by far the largest of them.
The third-largest region in Germany, Frankfurt/Rhein-Main (FRM), is well-known for its international airport, financial industry, stock market, and high-tech sector. The core region has experienced significant job growth and in-migration, and it is economically successful. Frankfurt Main plays a significant role, but the area is polycentric with a complex network of peri-urban centers and excellent open space. In 2022, the city had 791,000 residents, making it Germany's fifth most populated city, and 2.3 million people will live there in the city's urban area.
Demand for Housing is increasing in Germany.
Germany is the most populous nation in Europe, and around half of its people rent their homes. It also boasts the continent's largest multifamily market. Multifamily investments have increased since the coronavirus (COVID-19) outbreak began. The value of deals for properties with at least 50 residential units peaked in the 12 months leading up to January 2022 at approximately 54 billion euros, more than twice the level of prior investment activity, according to Statista.
Berlin is a reasonably affordable city to rent an apartment in when compared to other cities in Germany and Europe, making it a popular choice for young professionals and students. However, increasing rents and declining affordability have been upsetting tenants. Over 50% of Berliners supported the resocialization of housing held by firms owning 3,000 or more units, according to the results of a legally non-binding vote in 2021. In 2020, a rent freeze was briefly implemented before being found unlawful.
The evolution of the residential market and housing demand may be understood mostly through house prices, which are undoubtedly the most significant indication. The nominal housing price increased by nearly 14% between the third quarters of 2021 and 2022 in just one year. However, inflation has also been on the rise, so keeping this in account, the increase in housing prices was only 7%. Munich is renowned for having one of the most expensive housing markets in all of Germany.
Germany Manufactured Homes Industry Overview
Germany manufactured homes market is fairly fragmented with the presence of many international and few local players. Some of the prominent players in the market are. Potential residents are being attracted by a variety of market participants in the manufactured home sectors with their economical possibilities. They pledge to always maintain strict supervision over the off-site building process. Leading rivals in the market are modifying homes with their technical know-how to meet changing consumer tastes, particularly in the areas of flooring, cabinetry, and exterior finish.
Germany Manufactured Homes Market Leaders
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Swietelsky AG
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DFH Group
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Portakabin
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HusCompagniet A/S
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ALHO Modular Buildings
*Disclaimer: Major Players sorted in no particular order
Germany Manufactured Homes Market News
- July 2022:Bouygues' acquisition of Equans, The merger is also subject to review by the Competition and Markets Authority in the UK, which has also issued a decision on its investigation on 19 July 2022. Bouygues offered to divest Colas Rail Belgium in its entirety, including all assets, personnel, and ongoing and future contracts of both its railway contact lines and track installation businesses. As a result, Colas Rail Belgium will remain an independent competitor to Bouygues and Equans in the relevant market in Belgium.
- May 2022:OECON sold to Portakabin. The acquisition of OECON is a key strategic move and part of the Portakabin Group's European expansion plans. OECON will complement the current Portakabin operations in France, Belgium, and Holland and provide the necessary routes to market for the extensive range of Portakabin modular buildings within the office, healthcare, and education sectors in Germany.
Germany Manufactured Homes Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Deliverables
- 1.2 Study Assumptions
- 1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS AND DYNAMICS
- 4.1 Current Market Scenario
- 4.2 Technological Trends
- 4.3 Industry Value Chain/Supply Chain Analysis
- 4.4 Government Regulations and Key Initiatives in the Market
- 4.5 Brief on Different Structures Used in the Manufactured Home Industry
- 4.6 Cost Structure Analysis of the Manufactured Home Industry
- 4.7 Impact of COVID-19 on the Market
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4.8 Market Overview
- 4.8.1 Market Drivers
- 4.8.2 Market Restraints
- 4.9 Value Chain / Supply Chain Analysis
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4.10 Porter's Five Forces Analysis
- 4.10.1 Threat of New Entrants
- 4.10.2 Bargaining Power of Buyers/Consumers
- 4.10.3 Bargaining Power of Suppliers
- 4.10.4 Threat of Substitute Products
- 4.10.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
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5.1 By Type
- 5.1.1 Single Family
- 5.1.2 Multi Family
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5.2 By Cities
- 5.2.1 Berlin
- 5.2.2 Hamburg
- 5.2.3 Munich
- 5.2.4 Frankfurt
- 5.2.5 Rest of Germany
6. COMPETITIVE LANDSCAPE
- 6.1 Market Concentration Overview
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6.2 Company Profiles
- 6.2.1 Swietelsky AG
- 6.2.2 DFH Group
- 6.2.3 Portakabin
- 6.2.4 HusCompagniet A/S
- 6.2.5 ALHO Modular Buildings
- 6.2.6 Daiwa House Modular Europe
- 6.2.7 Karmod
- 6.2.8 Hanse Haus
- 6.2.9 Baufritz
- 6.2.10 Fertighaus Weiss GmbH.*
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. APPENDIX
** Subject To AvailablityGermany Manufactured Homes Industry Segmentation
A manufactured home is a structure that is constructed almost entirely in a factory and rests on a permanent chassis. The house is placed on a steel chassis (a supporting frame) and transported to the building site. A manufactured home is one type of factory-built housing. The Germany Manufactured Homes Market is segmented By Type (Single Family and Multi-Family) and By Cities (Berlin, Hamburg, Munich, Frankfurt, and the Rest of Germany). The report offers market size and forecasts for the Germany Manufactured Homes Market in value (USD billion) for all the above segments.
| By Type | Single Family |
| Multi Family | |
| By Cities | Berlin |
| Hamburg | |
| Munich | |
| Frankfurt | |
| Rest of Germany |
Germany Manufactured Homes Market Research FAQs
What is the current Germany Manufactured Homes Market size?
The Germany Manufactured Homes Market is projected to register a CAGR of greater than 4% during the forecast period (2024-2029)
Who are the key players in Germany Manufactured Homes Market?
Swietelsky AG , DFH Group, Portakabin, HusCompagniet A/S and ALHO Modular Buildings are the major companies operating in the Germany Manufactured Homes Market.
What years does this Germany Manufactured Homes Market cover?
The report covers the Germany Manufactured Homes Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Germany Manufactured Homes Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Germany Manufactured Homes Industry Report
Statistics for the 2024 Germany Manufactured Homes market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Germany Manufactured Homes analysis includes a market forecast outlook to (2024to2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
