The temporary shelters market size is expected to see strong growth in the next few years. It will grow to $57.52 billion in 2028 at a compound annual growth rate (CAGR) of 5.1%. The anticipated growth in the forecast period can be attributed to several factors, including an increase in government funding for temporary shelter programs, growth in the tourism industry leading to demand for accommodation, a rising interest in eco-friendly and sustainable shelter options, an uptick in the adoption of modular and prefabricated shelter solutions, and the emergence of smart and connected temporary shelters. Notable trends expected during the forecast period encompass the growing popularity of tiny homes and micro-shelters, an increased use of technology in shelter design and construction, a heightened focus on safety and security features, the development of public-private partnerships in shelter initiatives, and an increased demand for customizable and personalized temporary homes.
The temporary housing market has experienced growth driven by an increase in government funding for such initiatives. To illustrate, the Canadian federal government recently pledged $15 million for temporary housing in Toronto, aimed at addressing capacity issues within local shelters and respite centers. Additionally, in July 2023, Canada's Immigration office, a government agency, injected $212 million into the Interim Housing Assistance Program (IHAP), extending its support until March 31, 2024.
The primary categories of temporary shelters include homeless shelters and emergency shelters. Homeless shelters are a specific type of service agency that offers temporary housing solutions to homeless individuals and families. These shelters come in different sizes, including small, medium, and large, and serve various applications, such as personnel shelters, vehicle-mounted shelters, medical facility bases, aircraft bases, command posts, and other uses.
The temporary shelters market research report is one of a series of new reports that provides temporary shelters market statistics, including temporary shelters industry global market size, regional shares, competitors with a temporary shelters market share, detailed temporary shelters market segments, market trends and opportunities, and any further data you may need to thrive in the temporary shelters industry. This temporary shelters market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
Anticipated increases in natural disasters are poised to be a significant driver of the temporary shelter market in the future. Natural disasters, resulting from Earth's natural processes, emphasize the need for well-organized and efficient systems to establish temporary shelters. These shelters play a crucial role in ensuring the safety, welfare, and recovery of populations affected by disasters, forming an integral part of disaster response and recovery efforts. For instance, according to a report by Forbes in June 2023, the U.S. has witnessed a significant rise in natural disasters over recent decades. Over the past five years, the country has experienced an annual average of 18 billion-dollar climate disasters, compared to 6.7 billion-dollar disasters per year in the 2000s. In 2022 alone, 18 climate disasters caused a total of $175.2 billion in damages. Hence, the increase in natural disasters is a driving force behind the temporary shelter market.
Government restrictions on funding from foreign organizations, including non-profit temporary shelters, have presented challenges to market growth. For example, in January 2021, the Indian Ministry of Home Affairs (MHA) issued a bank charter that categorized 'donations received in Indian rupee' by non-governmental organizations (NGOs) and associations from 'any foreign source, even if that source is located in India at the time of such donation' as 'foreign contribution.' Under current regulations, all banks are required to report to the Central Government within 48 hours of receiving or utilizing any foreign contribution by NGOs, associations, or individuals, whether they are registered or have obtained prior permission under the Foreign Contribution (Regulation) Act. These restrictions have had an abrupt and negative impact on the social work of non-profit organizations, including those operating temporary shelters, hindering market growth.
A notable trend in the temporary shelters market is the increasing adoption of strategic partnerships. Major players are forming partnerships to expand their market reach and leverage each other's resources. For instance, in July 2022, New York City's nonprofit organization partnered with Eric Leroy Adams, the Mayor of New York City, dedicating over $8 million to assist homeless individuals in securing housing and treatment programs.
Leading companies in the temporary shelter market are focusing on the development of 3D printed shelters as a means to boost their revenues. 3D printed temporary shelters offer an innovative solution to address urgent housing needs and hold promise for humanitarian and disaster relief efforts, combining speed, cost-effectiveness, and sustainability. For instance, in July 2023, the city of Chattanooga in Tennessee collaborated with Branch Technology to create 3D printed shelters for homeless individuals, which could also serve as temporary housing for disaster victims or refugees.
Major companies operating in the temporary shelters market include The American Red Cross, The Salvation Army, UNICEF, The Emergency Food and Shelter Program, ShelterBox Trust, National Alliance to End Homlessness, The National Coalition for the Homeless, Covenant House, The Bowery Mission, The Midnight Mission, The Rescue Mission, The Union Rescue Mission, The City Mission, The Samaritan Inn, The Mustard Seed, The Road Home, The House of Charity, The Open Door Mission, The Denver Rescue Mission, The Nashville Rescue Mission, The Atlanta Mission, The Seattle's Union Gospel Mission, The Portland Rescue Mission, The San Francisco City Impact, The Los Angeles Mission, The Good Shepherd Center, The St. Vincent de Paul Society, The Catholic Charities, The Homeless Prenatal Program, The Homeless Children's Education Fund
Western Europe was the largest region in the temporary shelters market in 20232. Asia-Pacific was the second-largest region in the temporary shelters market. The regions covered in the temporary shelters market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the temporary shelters market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada
The temporary shelter market consists of revenues earned by entities that provide short-term shelter for victims of domestic violence, sexual assault or child abuse, temporary residential shelter for the homeless, runaway youths, and patients and families caught in medical crisis. These establishments may operate their own shelters or may subsidize housing using existing homes, apartments, hotels, or motels. The temporary shelter market also includes establishments such as battered women’s shelters, emergency shelters, homeless shelters. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
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.
This product will be delivered within 3-5 business days.
Table of Contents
Executive Summary
Temporary Shelters Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on temporary shelters 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.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
- Assess the Russia - Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- All data from the report will also be delivered in an excel dashboard format.
Description:
Where is the largest and fastest growing market for temporary shelters? 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.
Scope
- Markets Covered: 1) By Type: Homeless Shelter; Emergency Shelter; 2) By Size: Small; Medium; Large; 3) By Application: Personnel; Vehicle Mounted; Medical Facility Base; Aircraft Base; Command Post; Other Applications
- Companies Mentioned: The American Red Cross; The Salvation Army; UNICEF; The Emergency Food and Shelter Program; ShelterBox Trust
- 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 segmentations: 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
- The American Red Cross
- The Salvation Army
- UNICEF
- The Emergency Food and Shelter Program
- ShelterBox Trust
- National Alliance to End Homlessness
- The National Coalition for the Homeless
- Covenant House
- The Bowery Mission
- The Midnight Mission
- The Rescue Mission
- The Union Rescue Mission
- The City Mission
- The Samaritan Inn
- The Mustard Seed
- The Road Home
- The House of Charity
- The Open Door Mission
- The Denver Rescue Mission
- The Nashville Rescue Mission
- The Atlanta Mission
- The Seattle's Union Gospel Mission
- The Portland Rescue Mission
- The San Francisco City Impact
- The Los Angeles Mission
- The Good Shepherd Center
- The St. Vincent de Paul Society
- The Catholic Charities
- The Homeless Prenatal Program
- The Homeless Children's Education Fund