Overview and Scope
A container house refers to a unique concept that converts a steel structure—basically a ship structure—into a residential area. Multiple stories are created by stacking and connecting these enormous containers, each of which is the size of a single floor of a house. Container house manufacturers utilize shipping containers to construct sustainable, affordable, high-quality houses. These houses are considered environmentally friendly homes as they are made from used containers, which reduces the use of metal.
Sizing and Forecast
The container houses market size has grown strongly in recent years. It will grow from $62.73 billion in 2023 to $67.03 billion in 2024 at a compound annual growth rate (CAGR) of 6.8%. The growth in the historic period can be attributed to sustainability and eco-friendly construction, affordable housing solutions, urbanization and population density, architectural trends and aesthetics, construction speed and efficiency.
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 growth in the forecast period can be attributed to housing affordability challenges, customization and design flexibility, rising environmental awareness, urban redevelopment projects, government support and regulations. Major trends in the forecast period include off-grid and sustainable living solutions, advancements in prefabrication and construction techniques, emphasis on affordable housing solutions, incorporation of green roof and vertical garden designs, growth in container house communities and developments.
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Segmentation & Regional Insights
The container houses market covered in this report is segmented –
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
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.
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Major Driver Impacting Market Growth
The space constraint issues and resulting rise in housing prices in most of the major cities across the world is driving the growth in the container houses market. Container houses make use of the old shipping containers to build their houses and require very little space compared to conventional houses, thus saving space. According to Discover Containers, every time a 40-foot container is recycled and reused to construct a house close to 3500 kilograms of steel can be used again, which would otherwise be melted down. Moreover, people in urban areas are opting for container houses in order to afford a cheaper living, as container houses cost less compared to traditional houses. The affordable housing program in Alberta received funding of $10 million from the US federal government. The program is aimed at using repurposed shipping containers to build houses. The container houses market is expected to benefit from increasing space constraints and housing prices during the forecast period.
Key Industry Players
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
The container houses market report table of contents includes:
1. Executive Summary
2. Container Houses Market Characteristics
3. Container Houses Market Trends And Strategies
4. Container Houses Market - Macro Economic Scenario
5. Global Container Houses Market Size and Growth
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32. Global Container Houses Market Competitive Benchmarking
33. Global Container Houses Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Container Houses Market
35. Container Houses Market Future Outlook and Potential Analysis
36. Appendix
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The Business Research Company’s Container Houses Market covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market.The Business Research Company published its Container Houses Global Market Report 2020 which provides strategists, marketers and senior management with the critical information they need to assess the global container houses market.
The report covers the container houses market’s segments- fixed, movable, residential homes, recreational homes, emergency homes, nursing homes, duplex/bungalow, tiny house, and multistory building/apartments.Read Full Report @ https://www.thebusinessresearchcompany.com/report/container-houses-global-market-reportContainer Houses Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country.
It covers all the regions, key developed countries and major emerging markets.
The major regions included in the report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.Place A Sample Request of This Report At: https://www.thebusinessresearchcompany.com/sample.aspx?id=2504=smpCompanies in the container houses market are increasingly adopting artificial intelligence (AI) into manufacturing in order to develop better designs for the houses.
AI can be used in detecting and resolving any constructional issues before starting the manufacturing process.
Container Houses Global Market Report 2021 by The Business Research Company is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies.
The chapter on the impact – both negative and positive – of COVID-19 on the container houses industry gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market.
This includes revised market numbers according to the effects of the coronavirus and the expected container houses market growth numbers 2021-2030.View Complete Report:https://www.thebusinessresearchcompany.com/report/container-houses-global-market-reportThe Container Houses Global Market Report 2020-30 by The Business Research Company provides an in-depth analysis of the global container houses market and covers both the historic period, 2015 to 2020, and the forecast period, 2020 to 2030.
The report evaluates the market and major economies across the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.The Container Houses Global Market Report 2021 covers container houses market drivers, container houses market trends, container houses market growth rate, container houses market major players, player-adopted strategies in the market, and container houses market size.
The global container houses market is expected to grow from $47.75 billion in 2020 to $51.3 billion in 2021 at a compound annual growth rate (CAGR) of 7.4%.
The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges.
