Manufactured Home Dealers in the US - Industry Market Research Report

Home sweet home: A continued rise in conventional housing prices will fuel sales of manufactured homes

The Manufactured Home Dealers industry has grown as increased access to credit and sustained growth in per capita disposable income have provided consumers with more capital to purchase industry products and opt for higher-end models. The industry wavered in 2020, however, as the pandemic forced companies to stop operations temporarily. Still, a favorable lending environment has enabled prospective consumers to acquire financing for manufactured homes more easily. Recently, rises in the conventional mortgage rate benefited industry enterprises as manufactured homes become more attractive to potential homeowners. Rising rent costs push consumers toward manufactured homes as renting becomes a less appealing alternative for many. Overall, industry revenue is expected to increase at a CAGR of 7.1% to an estimated $10.0 billion over the five years to 2023, including a 2.9% rise in 2023 alone as profit hits 4.5%. The Manufactured Home Dealers industry comprises retailers of new and used manufactured homes, parts and equipment in the United States. A manufactured home is a single-family home constructed entirely in a factory and then transported to the site and installed. This industry excludes modular homes, which are single-family homes constructed in sections off-site and assembled on-site. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.