The container homes are built from shipping containers which are used for freight in ships, trains, and trucks. These homes are often used for office, residence, camps, storage, and shop purposes. Container homes are quickly installed, easy to transport, and economical to live in. They can also be used for securing temporary accommodation such as emergency shelters, dormitories, studio, garbage collection, tourist spots, and parks storage among others.
MARKET SCOPE
The "Global Container Homes Market Analysis to 2028" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of the container homes market with detailed market segmentation by type, construction type, end user, and geography. The report provides key statistics on the market status of the leading container homes market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on type, the global container homes market is segmented into new container and scrap container.
- On the basis of construction type, the market is segmented into on-site built and factory built.
- Based on end user, the market is segmented into residential homes, commercial homes, and industrial homes.
MARKET DYNAMICS
Drivers:
- The container homes market is anticipated to grow in the forecast period owing to driving factors such as ease associated with installation and relocation coupled with limited space requirements.
- Green building initiatives by government for resource management is further expected to fuel the growth of the container homes market.
- Growing adoption as affordable accommodation in developing countries is expected to showcase growth opportunities for the players operating in the container homes market during the forecast period.
Restraints:
- Corrosion possibility in case of homes built from scrap containers is likely to restrict the market growth.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The container homes market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the container homes market in these regions.
IMPACT OF COVID-19 ON CONTAINER HOMES MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the container homes market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from container homes market are anticipated to lucrative growth opportunities in the future with the rising demand in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the container homes market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Anderco Pte Ltd.
- Container Homes USA
- HONOMOBO
- Royal Wolf
- SEA BOX
- SG Blocks
- SHANGHAI HAICHENG SPECIAL STEEL CONTAINER CO., LTD.
- Speed House Group of Companies
- Supertech Industries
- Tempohousing