Aussie Tiny Houses

Mar 22, 2023

News provided by Share this article Share this article NEW YORK, March 21, 2023 /PRNewswire/ -- The global tiny homes market size is estimated to grow by USD 4,171.33 million from 2022 to 2027, according to Technavio. The market is estimated to grow at a CAGR of 4.88% during the forecast period. North America is estimated to account for 57% of the growth of the global tiny homes market during the forecast period. The growth can be attributed to factors such as the rise in housing prices and consumer interest in investing in pre-built or custom-built homes. In recent years, countries in North America have witnessed a steady increase in the construction of tiny houses. The market growth in the region is propelled by the presence of leading vendors such as Skyline Champion Corp. and CMH Services Inc. For instance, in July 2022, Champion Retail Housing, a subsidiary of Skyline Champion, entered into an agreement with Alta Cima Corp. The agreement was to acquire the assets and assume operations of the Factory Expo Home Centers located at 12 Skyline Champion manufacturing facilities across the US. Hence, the presence of leading vendors in the region will drive the market growth in North America during the forecast period. Technavio has announced its latest market research report titled Global Tiny Homes Market 2023-2027 For more insights on the historic market data (2017 to 2021) and forecast market size (2023 to 2027) -  Request a sample report What's New? Special coverage on the Russia-Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession Global competitiveness and key competitor positions Market presence across multiple geographical footprints - Strong/Active/Niche/Trivial - buy the report! Tiny Homes Market - Vendor Analysis Vendor Landscape - The tiny homes market is extremely competitive, with businesses of all sizes, including large, medium, and small-sized companies vying to monopolize the market. American Tiny House, ATLAS VANS, Aussie Tiny Houses, BAAHOUSE and BAASTUDIO PTY LTD., Berkshire Hathaway Inc., Cavco Industries Inc., Handcrafted Movement, Heirloom Inc., ICON Technology Inc., La Tiny House, Meka Inc., Mini Mansions Tiny Home Builders LLC, Mustard Seed Tiny Homes LLC, New Frontier Tiny Homes, Oregon Cottage Co., Skyline Champion Corp., The Tiny Housing Co, Tiny Home Builders, Tiny SMART House Inc., and Tumbleweed Tiny House Co. are some of the major players in the market. Vendor Offerings - Aussie Tiny Houses - The company offers tiny homes such as hazel 8.4. BAAHOUSE and BAASTUDIO PTY LTD. - The company offers tiny homes such as bighorn and baahouse small. To gain insights on more vendors and their offerings, Request a Sample Report! Tiny Homes Market - Segmentation Assessment Segment Overview Technavio has segmented the market based on application (home use and commercial use), product (mobile tiny home and stationary time home), and geography (North America, Europe, APAC, South America, and the Middle East and Africa). The market share growth of the home use segment will be significant for the growth of the tiny homes market during the forecast period. There is a rise in the home rental crisis in the US, resulting in a rise in the number of homeless people. Furthermore, the growing home rental costs in various countries are expected to drive the demand for tiny houses. This may result in people opting for tiny houses for residential purposes, which is expected to drive market growth during the forecast period. Therefore, tiny houses may emerge as an option for homeless people because of the lower building costs. Hence, the rising homelessness and increasing rental crisis are expected to drive the growth of the market during the forecast period. Geography Overview By geography, the global tiny homes market is segmented into North America, Europe, APAC, South America, and Middle East and Africa. The report provides actionable insights and estimates the contribution of all regions to the growth of the global tiny homes market. Insights on the market contribution of various segments including country and region wise historic market data (2017 to 2021), and forecast market size (2023 to 2027) - Download a Sample Report Tiny Homes Market – Market Dynamics Key factor driving market growth One of the key factors influencing the growth of the global tiny homes market is the affordability by a mass section of the population. Tiny houses are recognized as the most affordable housing system. They are usually preferred by millennials. The price of tiny homes is just a fraction of the traditional homes and can be designed based on the customers' requirements. The high construction cost of a conventional home compels consumers to opt for tiny houses, thereby acting as a major driver for market growth. Hence, the affordability of tiny homes promotes market growth during the forecast period. Leading trends influencing the market The rising trend of customization is expected to fuel the growth of the global tiny house market. There is a rapid increase in competition among vendors, which has led them to offer customization and personalization services for tiny houses. The customization is usually with regard to the shape, size, and color of the tiny house. Strategies like mass customization and personalization have been slowly gaining importance in the market. This can be attributed to factors such as the advances in technology, add-on features, and equipment, as well as the need to adjust the shape, size, and color of the home as per the buyers' requirements. Hence, the growing focus on customized tiny houses according to the activities and requirements of customers is expected to support the growth of the market during the forecast period. Major challenges hindering the market growth One of the major challenges impeding market growth is the limited demand from developing economies. Tiny houses have a high demand in developed economies, while the adoption and purchase of these tiny homes are limited in developing economies. This can be attributed to factors such as limited knowledge and awareness about the availability of such homes among customers who prefer to buy conventional homes. Vendors find it difficult to penetrate emerging markets owing to their limited knowledge of product offerings and technologies. Hence, the lack of presence of major vendors, coupled with the low inclination among consumers to purchase such homes, is a major challenge for the market. Insights on market drivers, trends, & challenges, historic period (2017 to 2021), and forecast period (2023 to 2027) -  Request a sample report! What are the key data covered in this Tiny Homes Market report? CAGR of the market during the forecast period Detailed information on factors that will drive the growth of the tiny homes market between 2023 and 2027 Precise estimation of the size of the tiny homes market and its contribution to the market with a focus on the parent market Accurate predictions about upcoming trends and changes in consumer behavior Growth of the tiny homes market across North America, Europe, APAC, South America, and Middle East and Africa A thorough analysis of the market's competitive landscape and detailed information about vendors Comprehensive analysis of factors that will challenge the growth of tiny homes market vendors Gain instant access to 17,000+ market research reports. Related Reports: The do-it-yourself home improvement retailing market  is estimated to grow at a CAGR of 4.41% between 2022 and 2027. The greater emphasis on DIY home improvement projects for personalized interior designing is a major factor driving the global DIY home improvement retailing market growth. The green building materials market is projected to grow by USD 234.09 billion at a CAGR of 13.44% during the forecast period 2021 to 2026. The increasing need for energy-efficient green buildings is one of the key drivers supporting the green building materials market growth. Tiny Homes Market Scope Key companies profiled American Tiny House, ATLAS VANS, Aussie Tiny Houses, BAAHOUSE and BAASTUDIO PTY LTD., Berkshire Hathaway Inc., Cavco Industries Inc., Handcrafted Movement, Heirloom Inc., ICON Technology Inc., La Tiny House, Meka Inc., Mini Mansions Tiny Home Builders LLC, Mustard Seed Tiny Homes LLC, New Frontier Tiny Homes, Oregon Cottage Co., Skyline Champion Corp., The Tiny Housing Co, 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 recovery analysis and future consumer dynamics, Market condition analysis for 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. Browse for Technavio   Consumer Discretionary  market reports Table of Contents Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million) Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million) Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%) Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%) 4 Historic Market Size Exhibit 18: Historic Market Size – Data Table on Global tiny homes market 2017 - 2021 ($ million) 4.2 Product Segment Analysis 2017 - 2021 Exhibit 19: Historic Market Size – Product Segment 2017 - 2021 ($ million) 4.3 Application Segment Analysis 2017 - 2021 Exhibit 20: Historic Market Size – Application Segment 2017 - 2021 ($ million) 4.4 Geography Segment Analysis 2017 - 2021 Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million) 4.5 Country Segment Analysis 2017 - 2021 Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million) 5 Five Forces Analysis Exhibit 33: Data Table on Comparison by Application 6.3 Home use - Market size and forecast 2022-2027 Exhibit 34: Chart on Home use - Market size and forecast 2022-2027 ($ million) Exhibit 35: Data Table on Home use - Market size and forecast 2022-2027 ($ million) Exhibit 36: Chart on Home use - Year-over-year growth 2022-2027 (%) Exhibit 37: Data Table on Home use - Year-over-year growth 2022-2027 (%) 6.4 Commercial use - Market size and forecast 2022-2027 Exhibit 38: Chart on Commercial use - Market size and forecast 2022-2027 ($ million) Exhibit 39: Data Table on Commercial use - Market size and forecast 2022-2027 ($ million) Exhibit 40: Chart on Commercial use - Year-over-year growth 2022-2027 (%) Exhibit 41: Data Table on Commercial use - Year-over-year growth 2022-2027 (%) 6.5 Market opportunity by Application Exhibit 42: Market opportunity by Application ($ million) 7 Market Segmentation by Product 7.1 Market segments Exhibit 46: Data Table on Comparison by Product 7.3 Mobile tiny homes - Market size and forecast 2022-2027 Exhibit 47: Chart on Mobile tiny homes - Market size and forecast 2022-2027 ($ million) Exhibit 48: Data Table on Mobile tiny homes - Market size and forecast 2022-2027 ($ million) Exhibit 49: Chart on Mobile tiny homes - Year-over-year growth 2022-2027 (%) Exhibit 50: Data Table on Mobile tiny homes - Year-over-year growth 2022-2027 (%) 7.4 Stationary tiny homes - Market size and forecast 2022-2027 Exhibit 51: Chart on Stationary tiny homes - Market size and forecast 2022-2027 ($ million) Exhibit 52: Data Table on Stationary tiny homes - Market size and forecast 2022-2027 ($ million) Exhibit 53: Chart on Stationary tiny homes - Year-over-year growth 2022-2027 (%) Exhibit 54: Data Table on Stationary tiny homes - Year-over-year growth 2022-2027 (%) 7.5 Market opportunity by Product Exhibit 55: Market opportunity by Product ($ million) 8 Customer Landscape Exhibit 60: Data Table on Geographic comparison 9.3 North America - Market size and forecast 2022-2027 Exhibit 61: Chart on North America - Market size and forecast 2022-2027 ($ million) Exhibit 62: Data Table on North America - Market size and forecast 2022-2027 ($ million) Exhibit 63: Chart on North America - Year-over-year growth 2022-2027 (%) Exhibit 64: Data Table on North America - Year-over-year growth 2022-2027 (%) 9.4 Europe - Market size and forecast 2022-2027 Exhibit 65: Chart on Europe - Market size and forecast 2022-2027 ($ million) Exhibit 66: Data Table on Europe - Market size and forecast 2022-2027 ($ million) Exhibit 67: Chart on Europe - Year-over-year growth 2022-2027 (%) Exhibit 68: Data Table on Europe - Year-over-year growth 2022-2027 (%) 9.5 APAC - Market size and forecast 2022-2027 Exhibit 69: Chart on APAC - Market size and forecast 2022-2027 ($ million) Exhibit 70: Data Table on APAC - Market size and forecast 2022-2027 ($ million) Exhibit 71: Chart on APAC - Year-over-year growth 2022-2027 (%) Exhibit 72: Data Table on APAC - Year-over-year growth 2022-2027 (%) 9.6 South America - Market size and forecast 2022-2027 Exhibit 73: Chart on South America - Market size and forecast 2022-2027 ($ million) Exhibit 74: Data Table on South America - Market size and forecast 2022-2027 ($ million) Exhibit 75: Chart on South America - Year-over-year growth 2022-2027 (%) Exhibit 76: Data Table on South America - Year-over-year growth 2022-2027 (%) 9.7 Middle East and Africa - Market size and forecast 2022-2027 Exhibit 77: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million) Exhibit 78: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million) Exhibit 79: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%) Exhibit 80: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%) 9.8 US - Market size and forecast 2022-2027 Exhibit 81: Chart on US - Market size and forecast 2022-2027 ($ million) Exhibit 82: Data Table on US - Market size and forecast 2022-2027 ($ million) Exhibit 83: Chart on US - Year-over-year growth 2022-2027 (%) Exhibit 84: Data Table on US - Year-over-year growth 2022-2027 (%) 9.9 Canada - Market size and forecast 2022-2027 Exhibit 85: Chart on Canada - Market size and forecast 2022-2027 ($ million) Exhibit 86: Data Table on Canada - Market size and forecast 2022-2027 ($ million) Exhibit 87: Chart on Canada - Year-over-year growth 2022-2027 (%) Exhibit 88: Data Table on Canada - Year-over-year growth 2022-2027 (%) 9.10 UK - Market size and forecast 2022-2027 Exhibit 89: Chart on UK - Market size and forecast 2022-2027 ($ million) Exhibit 90: Data Table on UK - Market size and forecast 2022-2027 ($ million) Exhibit 91: Chart on UK - Year-over-year growth 2022-2027 (%) Exhibit 92: Data Table on UK - Year-over-year growth 2022-2027 (%) 9.11 Germany - Market size and forecast 2022-2027 Exhibit 93: Chart on Germany - Market size and forecast 2022-2027 ($ million) Exhibit 94: Data Table on Germany - Market size and forecast 2022-2027 ($ million) Exhibit 95: Chart on Germany - Year-over-year growth 2022-2027 (%) Exhibit 96: Data Table on Germany - Year-over-year growth 2022-2027 (%) 9.12 France - Market size and forecast 2022-2027 Exhibit 97: Chart on France - Market size and forecast 2022-2027 ($ million) Exhibit 98: Data Table on France - Market size and forecast 2022-2027 ($ million) Exhibit 99: Chart on France - Year-over-year growth 2022-2027 (%) Exhibit 100: Data Table on France - Year-over-year growth 2022-2027 (%) 9.13 Market opportunity by geography Exhibit 101: Market opportunity by geography ($ million) 10 Drivers, Challenges, and Trends 10.1 Market drivers About Us Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contact