Tiny Homes Market size to increase by USD 3.57 billion | Driven by the affordability of tiny homes | Technavio

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Mar 23, 2022, 01:15 ET

NEW YORK, March 23, 2022 /PRNewswire/ -- The global tiny homes market size is expected to increase by USD 3.57 billion between 2021 and 2026, expanding at a CAGR of 4.45% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.

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Latest market research report titled Tiny Homes Market by Product and Geography - Forecast and Analysis 2022-2026 has been announced by Technavio which is proudly partnering with Fortune 500 companies for over 16 years

The global tiny homes market is fragmented and is characterized by the presence of numerous large, small, and medium-sized vendors. The market includes companies of varying sizes. Some companies are more specialized in terms of a broad product portfolio, while others have substantial financial resources. Competitors have to focus on differentiating their product offerings with unique value propositions to strengthen their foothold in the market. Market vendors also have to leverage the existing growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

American Tiny House, Aussie Tiny Houses, BAAHOUSE and BAASTUDIO PTY LTD., Berkshire Hathaway Inc., Cavco Industries Inc., Designer ECO Tiny Homes, Handcrafted Movement, Heirloom Inc., HONOMOBO, Humble Hand Craft, ICON Technology Inc., La Tiny House, Meka Inc., Mini Mansions Tiny Home Builders LLC, Molecule Tiny Homes, Mustard Seed Tiny Homes LLC, New Frontier Tiny Homes, Oregon Cottage Co., Skyline Champion Corp., Tiny Eco Homes UK Ltd., Tiny Home Builders, Tiny SMART House Inc., and Tumbleweed Tiny House Co. are identified as the dominant players in the market.

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The market is driven by the affordability of tiny homes. Tiny homes cost comparatively less than conventional site-built homes. For example, the average cost of new site-built homes in the US cost between USD 200,000 to USD 300,000, depending on the size, location, and design, whereas the average price of a tiny home ranges between USD 10,000 to USD 30,000. The low cost is compelling consumers to opt for tiny homes, which is driving the growth of the market.

Tiny Homes Market 2022-2026: Segmentation

Product

Mobile Tiny Homes
Stationary Tiny Homes

Geography

North America
Europe
APAC
South America
Middle East And Africa

The market will observe maximum demand for mobile tiny homes during the forecast period. The increasing cost of conventional homes in most countries is driving the demand for mobile tiny homes. The global growth in tourism activities is also contributing to the increased demand for mobile tiny homes.

Based on geography, the market will observe maximum growth in North America during the forecast period. Factors such as the rise in housing prices and consumer interest in investing in pre-built or custom-built homes are driving the growth of the regional market. In addition, the presence of many leading vendors in the US that offer tiny homes of various types in terms of size, design, texture, and color will be contributing to the growth of the tiny homes market in North America. The US and Canada are the key markets for tiny homes in North America. However, the market growth in the region will be slower than the growth of the market in APAC.

The tiny homes market report covers the following areas:

Tiny Homes Market 2022-2026: Key Highlights

CAGR of the market during the forecast period 2022-2026
Detailed information on factors that will assist tiny homes market growth during the next five years
Estimation of the tiny homes market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the tiny homes market
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of tiny homes market vendors

Wallcovering Market in the US by End-user and Product Type - Forecast and Analysis 2022-2026

Tiny Homes Market Scope
Report Coverage	Details
Page number	120
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Accelerate at a CAGR of 4.45%
Market growth 2022-2026	USD 3.57 billion
Market structure	Fragmented
YoY growth (%)	3.88
Regional analysis	North America, Europe, APAC, South America, and Middle East and Africa
Performing market contribution	North America at 59%
Key consumer countries	US, Canada, UK, Germany, and France
Competitive landscape	Leading companies, competitive strategies, consumer engagement scope
Companies profiled	American Tiny House, Aussie Tiny Houses, BAAHOUSE and BAASTUDIO PTY LTD., Berkshire Hathaway Inc., Cavco Industries Inc., Designer ECO Tiny Homes, Handcrafted Movement, Heirloom Inc., HONOMOBO, Humble Hand Craft, ICON Technology Inc., La Tiny House, Meka Inc., Mini Mansions Tiny Home Builders LLC, Molecule Tiny Homes, Mustard Seed Tiny Homes LLC, New Frontier Tiny Homes, Oregon Cottage Co., Skyline Champion Corp., Tiny Eco Homes UK Ltd., Tiny Home Builders, Tiny SMART House Inc., and Tumbleweed Tiny House Co.
Market Dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents:

1 Executive Summary

1.1 Market overview

Exhibit 01: Executive Summary – Chart on Market Overview
Exhibit 02: Executive Summary – Data Table on Market Overview
Exhibit 03: Executive Summary – Chart on Global Market Characteristics
Exhibit 04: Executive Summary – Chart on Market by Geography
Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
Exhibit 06: Executive Summary – Chart on Incremental Growth
Exhibit 07: Executive Summary – Data Table on Incremental Growth
Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem

Exhibit 09: Parent market
Exhibit 10: Market Characteristics

3 Market Sizing

3.1 Market definition

Exhibit 11: Offerings of vendors included in the market definition

3.2 Market segment analysis

Exhibit 12: Market segments

3.3 Market size 2021

3.4 Market outlook: Forecast for 2021-2026

Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

4.1 Five forces summary

Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

4.2 Bargaining power of buyers

Exhibit 18: Bargaining power of buyers – Impact of key factors in 2021 and 2026

4.3 Bargaining power of suppliers

Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

4.4 Threat of new entrants

Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

4.5 Threat of substitutes

Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

4.6 Threat of rivalry

Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

4.7 Market condition

Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Product

5.1 Market segments

Exhibit 24: Chart on Product - Market share 2021-2026 (%)
Exhibit 25: Data Table on Product - Market share 2021-2026 (%)

5.2 Comparison by Product

Exhibit 26: Chart on Comparison by Product
Exhibit 27: Data Table on Comparison by Product

5.3 Mobile tiny homes - Market size and forecast 2021-2026

Exhibit 28: Chart on Mobile tiny homes - Market size and forecast 2021-2026 ($ million)
Exhibit 29: Data Table on Mobile tiny homes - Market size and forecast 2021-2026 ($ million)
Exhibit 30: Chart on Mobile tiny homes - Year-over-year growth 2021-2026 (%)
Exhibit 31: Data Table on Mobile tiny homes - Year-over-year growth 2021-2026 (%)

5.4 Stationary tiny homes - Market size and forecast 2021-2026

Exhibit 32: Chart on Stationary tiny homes - Market size and forecast 2021-2026 ($ million)
Exhibit 33: Data Table on Stationary tiny homes - Market size and forecast 2021-2026 ($ million)
Exhibit 34: Chart on Stationary tiny homes - Year-over-year growth 2021-2026 (%)
Exhibit 35: Data Table on Stationary tiny homes - Year-over-year growth 2021-2026 (%)

5.5 Market opportunity by Product

Exhibit 36: Market opportunity by Product ($ million)

6 Customer Landscape

6.1 Customer landscape overview

Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

7.1 Geographic segmentation

Exhibit 38: Chart on Market share by geography 2021-2026 (%)
Exhibit 39: Data Table on Market share by geography 2021-2026 (%)

7.2 Geographic comparison

Exhibit 40: Chart on Geographic comparison
Exhibit 41: Data Table on Geographic comparison

7.3 North America - Market size and forecast 2021-2026

Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)

7.4 Europe - Market size and forecast 2021-2026

Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)

7.5 APAC - Market size and forecast 2021-2026

Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)

7.6 South America - Market size and forecast 2021-2026

Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ million)
Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ million)
Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)

7.7 Middle East and Africa - Market size and forecast 2021-2026

Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

7.8 US - Market size and forecast 2021-2026

Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)

7.9 Canada - Market size and forecast 2021-2026

Exhibit 66: Chart on Canada - Market size and forecast 2021-2026 ($ million)
Exhibit 67: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
Exhibit 68: Chart on Canada - Year-over-year growth 2021-2026 (%)
Exhibit 69: Data Table on Canada - Year-over-year growth 2021-2026 (%)

7.10 UK - Market size and forecast 2021-2026

Exhibit 70: Chart on UK - Market size and forecast 2021-2026 ($ million)
Exhibit 71: Data Table on UK - Market size and forecast 2021-2026 ($ million)
Exhibit 72: Chart on UK - Year-over-year growth 2021-2026 (%)
Exhibit 73: Data Table on UK - Year-over-year growth 2021-2026 (%)

7.11 Germany - Market size and forecast 2021-2026

Exhibit 74: Chart on Germany - Market size and forecast 2021-2026 ($ million)
Exhibit 75: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
Exhibit 76: Chart on Germany - Year-over-year growth 2021-2026 (%)
Exhibit 77: Data Table on Germany - Year-over-year growth 2021-2026 (%)

7.12 France - Market size and forecast 2021-2026

Exhibit 78: Chart on France - Market size and forecast 2021-2026 ($ million)
Exhibit 79: Data Table on France - Market size and forecast 2021-2026 ($ million)
Exhibit 80: Chart on France - Year-over-year growth 2021-2026 (%)
Exhibit 81: Data Table on France - Year-over-year growth 2021-2026 (%)

7.13 Market opportunity by geography

Exhibit 82: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

8.1 Market drivers

8.2 Market challenges

8.3 Impact of drivers and challenges

Exhibit 83: Impact of drivers and challenges in 2021 and 2026

8.4 Market trends

9 Vendor Landscape

9.1 Overview

9.2 Vendor landscape

Exhibit 84: Overview on Criticality of inputs and Factors of differentiation

9.3 Landscape disruption

Exhibit 85: Overview on factors of disruption

9.4 Industry risks

Exhibit 86: Impact of key risks on business

10 Vendor Analysis

10.1 Vendors covered

Exhibit 87: Vendors covered

10.2 Market positioning of vendors

Exhibit 88: Matrix on vendor position and classification

10.3 Berkshire Hathaway Inc.

Exhibit 89: Berkshire Hathaway Inc. - Overview
Exhibit 90: Berkshire Hathaway Inc. - Business segments
Exhibit 91: Berkshire Hathaway Inc. - Key offerings
Exhibit 92: Berkshire Hathaway Inc. - Segment focus

10.4 Cavco Industries Inc.

Exhibit 93: Cavco Industries Inc. - Overview
Exhibit 94: Cavco Industries Inc. - Business segments
Exhibit 95: Cavco Industries Inc. - Key offerings
Exhibit 96: Cavco Industries Inc. - Segment focus

10.5 Handcrafted Movement

Exhibit 97: Handcrafted Movement - Overview
Exhibit 98: Handcrafted Movement - Product / Service
Exhibit 99: Handcrafted Movement - Key offerings

10.6 Heirloom Inc.

Exhibit 100: Heirloom Inc. - Overview
Exhibit 101: Heirloom Inc. - Product / Service
Exhibit 102: Heirloom Inc. - Key offerings

10.7 Humble Hand Craft

Exhibit 103: Humble Hand Craft - Overview
Exhibit 104: Humble Hand Craft - Product / Service
Exhibit 105: Humble Hand Craft - Key offerings

10.8 Oregon Cottage Co.

Exhibit 106: Oregon Cottage Co. - Overview
Exhibit 107: Oregon Cottage Co. - Product / Service
Exhibit 108: Oregon Cottage Co. - Key offerings

10.9 Skyline Champion Corp.

Exhibit 109: Skyline Champion Corp. - Overview
Exhibit 110: Skyline Champion Corp. - Business segments
Exhibit 111: Skyline Champion Corp. - Key offerings
Exhibit 112: Skyline Champion Corp. - Segment focus

10.10 Tiny Home Builders

Exhibit 113: Tiny Home Builders - Overview
Exhibit 114: Tiny Home Builders - Product / Service
Exhibit 115: Tiny Home Builders - Key offerings

10.11 Tiny SMART House Inc.

Exhibit 116: Tiny SMART House Inc. - Overview
Exhibit 117: Tiny SMART House Inc. - Product / Service
Exhibit 118: Tiny SMART House Inc. - Key offerings

10.12 Tumbleweed Tiny House Co.

Exhibit 119: Tumbleweed Tiny House Co. - Overview
Exhibit 120: Tumbleweed Tiny House Co. - Product / Service
Exhibit 121: Tumbleweed Tiny House Co. - Key offerings

11 Appendix

11.1 Scope of the report

11.2 Inclusions and exclusions checklist

Exhibit 122: Inclusions checklist
Exhibit 123: Exclusions checklist

11.3 Currency conversion rates for US$

Exhibit 124: Currency conversion rates for US$

11.4 Research methodology

Exhibit 125: Research methodology
Exhibit 126: Validation techniques employed for market sizing
Exhibit 127: Information sources

11.5 List of abbreviations

Exhibit 128: List of abbreviations

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