Market Size of Germany Manufactured Homes Industry
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 |
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 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 Size Summary
The Germany manufactured homes market is experiencing a steady growth trajectory, driven by the increasing demand for affordable housing solutions in urban areas. The market benefits from the operational efficiency and cost-effectiveness of manufactured homes, which are produced in a controlled industrial environment, reducing waste and minimizing delays. This sector is particularly appealing to low-income households, although challenges such as land-use restrictions and financing issues persist. The COVID-19 pandemic has impacted sales, but there is optimism for recovery as restrictions ease and economic activities resume. Technological advancements, such as built-in wireless connectivity and smart home features, are enhancing the appeal of manufactured homes, making them a viable option for many consumers.
Urbanization in Germany, especially in cities like Berlin and Frankfurt, is a significant driver of the manufactured homes market. The growth of the industrial sector and the influx of people into urban areas are creating a demand for affordable housing solutions. The market is characterized by a mix of international and local players, with companies like Swietelsky AG, DFH Group, and Portakabin leading the charge. These companies are adapting to changing consumer preferences by offering customized solutions in terms of design and functionality. The market's fragmentation presents both challenges and opportunities, as players strive to maintain competitiveness through innovation and strategic expansions, such as Portakabin's acquisition of OECON to enhance its presence in Europe.
Germany Manufactured Homes Market Size - Table of Contents
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1. MARKET INSIGHTS AND DYNAMICS
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1.1 Current Market Scenario
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1.2 Technological Trends
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1.3 Industry Value Chain/Supply Chain Analysis
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1.4 Government Regulations and Key Initiatives in the Market
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1.5 Brief on Different Structures Used in the Manufactured Home Industry
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1.6 Cost Structure Analysis of the Manufactured Home Industry
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1.7 Impact of COVID-19 on the Market
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1.8 Market Overview
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1.8.1 Market Drivers
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1.8.2 Market Restraints
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1.9 Value Chain / Supply Chain Analysis
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1.10 Porter's Five Forces Analysis
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1.10.1 Threat of New Entrants
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1.10.2 Bargaining Power of Buyers/Consumers
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1.10.3 Bargaining Power of Suppliers
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1.10.4 Threat of Substitute Products
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1.10.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 By Type
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2.1.1 Single Family
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2.1.2 Multi Family
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2.2 By Cities
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2.2.1 Berlin
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2.2.2 Hamburg
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2.2.3 Munich
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2.2.4 Frankfurt
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2.2.5 Rest of Germany
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Germany Manufactured Homes Market Size 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.