The container houses market size is expected to see strong growth in the next few years. It will grow to $84.38 billion in 2028 at a compound annual growth rate (CAGR) of 5.9%. The anticipated growth in the forecast period can be linked to challenges in housing affordability, the demand for customization and design flexibility, increasing environmental awareness, ongoing urban redevelopment projects, and government support and regulations. Significant trends expected in the forecast period encompass off-grid and sustainable living solutions, advancements in prefabrication and construction techniques, a focus on affordable housing solutions, the integration of green roof and vertical garden designs, and the expansion of container house communities and developments.
The surge in housing prices in major cities worldwide, driven by space constraints, is fueling the growth of the container houses market. Utilizing old shipping containers to construct houses, container homes require minimal space compared to traditional houses, offering a space-saving solution. Discover Containers reports that recycling a 40-foot container for house construction can reuse around 3500 kilograms of steel that would otherwise be melted down. Additionally, urban dwellers are turning to container houses for more affordable living, as they cost less than conventional homes. The affordable housing program in Alberta, supported by a $10 million funding from the US federal government, aims to use repurposed shipping containers for house construction. The container houses market is anticipated to benefit from the ongoing space constraints and escalating housing prices in the forecast period.
The increasing frequency of natural disasters is expected to drive the container houses market's growth. Natural disasters, resulting from Earth's natural processes, cause widespread destruction, loss of life, and disruption to normal living conditions. Container houses, designed for transportation stresses, quick construction, flexibility, sustainability, durability, and stackability, provide enhanced security and protection during and after natural disasters. In March 2023, the Office for the Coordination of Humanitarian Affairs reported 30,704 deaths from 387 natural hazards and disasters in 2022, triple the number in 2021. Consequently, the rising number of natural disasters is a key driver for the container houses market.
Companies in the container houses market are increasingly integrating artificial intelligence (AI) into the manufacturing process. AI is employed to detect and resolve construction issues before production, serving as an essential platform for generating innovative layouts and designs. This integration aids companies in reducing manufacturing costs and time, enhancing construction safety, and allowing customers to accurately correlate area size with the number of goods or appliances it can accommodate.
Major players in the container houses market are introducing new products, such as modular container houses, to gain a competitive advantage. Modular container houses are prefabricated housing units constructed with shipping containers as the primary structural component. For example, in August 2023, China-based manufacturer Summer Paradise launched high-quality flat-pack container houses suitable for various purposes, including disaster relief. The company's emphasis on advanced technology, rapid assembly, easy transportation, superior quality, quick shipping, simple installation, and customization makes its container houses suitable for diverse applications. Summer Paradise is committed to revolutionizing temporary housing with its superior container houses, offering tailored solutions and a range of housing styles, including eco-friendly options with strong seismic performance.
Major companies operating in the container houses market report are PPG Industries Inc., Zhejiang Putian Integrated Housing Co. Ltd., Packaging Corporation of America, Beacon Intermodal, SEACO Global Ltd., Textainer Group Holdings, Greif Inc., Fortress Transportation and Infrastructure Investors LLC, Triton International Limited, Speed House Group of Companies, CAI International Inc., TD Container, Royal Wolf Holdings, SEA BOX Inc., Anderco Pte Ltd., Florens Asset Management Company Limited, SG Blocks Inc., Suzhou Tiandi Color Steel Manufacturing Co.Ltd., ELA Container GmbH, Giant Containers Inc., Almar Container Group, Supertech Industries Ltd., Honomobo, Portable Space Ltd., Temp Housing Company, Container Homes USA, Shanghai Haicheng Special Steel Container Co. Ltd., Beijing GS Housing Co. Ltd., Shanghai Allstar Industrial Co. Ltd.
Asia-Pacific was the largest region in the container houses market in 2023. The regions covered in the container houses market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the container houses market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada. The container house market consists of sales of steel anchorage, concrete block footing, ground beam and steel cable fixation. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market for container houses, as outlined in this report, is categorized by construction type into fixed and movable. Additionally, the container houses market is segmented by end user, encompassing residential homes, recreational homes, emergency homes, and nursing homes. The segmentation by architecture type includes duplexes and bungalows, tiny houses, multistory buildings, and apartments.
The container houses market research report is one of a series of new reports that provides container houses market statistics, including container houses industry global market size, regional shares, competitors with a container houses market share, detailed container houses market segments, market trends and opportunities, and any further data you may need to thrive in the container houses industry. This container houses market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
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Table of Contents
Executive Summary
Container Houses Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on container houses market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Where is the largest and fastest growing market for container houses? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Report Scope
Markets Covered:1) By Construction Type: Fixed; Movable
2) By End-user: Residential Homes; Recreational Homes; Emergency Homes; Nursing Homes
3) By Architecture Type: Duplex/Bungalow; Tiny House; Multistory Building/Apartments
Key Companies Mentioned: PPG Industries Inc.; Zhejiang Putian Integrated Housing Co. Ltd.; Packaging Corporation of America; Beacon Intermodal; SEACO Global Ltd.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes
Delivery Format: PDF, Word and Excel Data Dashboard
Companies Mentioned
- PPG Industries Inc.
- Zhejiang Putian Integrated Housing Co. Ltd.
- Packaging Corporation of America
- Beacon Intermodal
- SEACO Global Ltd.
- Textainer Group Holdings
- Greif Inc.
- Fortress Transportation and Infrastructure Investors LLC
- Triton International Limited
- Speed House Group of Companies
- CAI International Inc.
- TD Container
- Royal Wolf Holdings
- SEA BOX Inc.
- Anderco Pte Ltd.
- Florens Asset Management Company Limited
- SG Blocks Inc.
- Suzhou Tiandi Color Steel Manufacturing Co.Ltd.
- ELA Container GmbH
- Giant Containers Inc.
- Almar Container Group
- Supertech Industries Ltd.
- Honomobo
- Portable Space Ltd.
- Temp Housing Company
- Container Homes USA
- Shanghai Haicheng Special Steel Container Co. Ltd.
- Beijing GS Housing Co. Ltd.
- Shanghai Allstar Industrial Co. Ltd
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | February 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 67.03 Billion |
Forecasted Market Value ( USD | $ 84.38 Billion |
Compound Annual Growth Rate | 5.9% |
Regions Covered | Global |
No. of Companies Mentioned | 29 |