CANADA MANUFACTURED HOMES MARKET Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Canada Manufactured Homes Market Report is Segmented by Type (Single Family and Multi Family). The Report Offers Size and Forecasts for Canada Manufactured Homes Market in Value (USD) for all the Above Segments.

CANADA MANUFACTURED HOMES MARKET Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Canada Manufactured Homes Market Size

View Global Report
Canada Manufactured Homes Market Summary
Study Period 2020 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Market Size (2025) USD 1.56 Billion
Market Size (2030) USD 1.84 Billion
CAGR (2025 - 2030) 3.34 %
Market Concentration Medium

Major Players

Canada Manufactured Homes Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Canada Manufactured Homes Market with other markets in Real Estate and Construction Industry

Real Estate

Construction

Canada Manufactured Homes Market Analysis

The Canada Manufactured Homes Market size is estimated at USD 1.56 billion in 2025, and is expected to reach USD 1.84 billion by 2030, at a CAGR of 3.34% during the forecast period (2025-2030).

  • The construction industry plays a pivotal role in Canada's economy, contributing around $151 billion annually, which is about 7.4% of the GDP. According to Statistics Canada, in 2023, residential building costs saw a 6% uptick, while non-residential construction costs rose by 5.4%. Highlighting the housing market's significance, it contributed approximately $267 billion to the GDP in July 2023.
  • Canada's manufactured housing sector has seen significant growth, largely due to its ability to adhere to deadlines and budgets. Homes in this sector are typically completed in six to eight weeks, a key selling point. Being generally more affordable than traditional site-built homes, manufactured homes attract a diverse range of buyers, especially in areas with limited access to conventional building resources and labor. Their rising popularity can be attributed to cost-effectiveness, customization options, and swift construction times.
  • Factors like affordability, demographic shifts, and changing lifestyle preferences have driven a surge in demand for manufactured homes in Canada. These homes are particularly favored by retirees and empty nesters wanting to downsize, offering a low-maintenance lifestyle in age-appropriate communities. Growing environmental concerns have led consumers and regulators to prioritize sustainable housing, prompting manufacturers to integrate eco-friendly materials and renewable energy solutions.
  • Government initiatives, both federal and provincial, are pivotal in nurturing the growth of the manufactured housing market. The 2024 Federal Budget introduced a Homebuilding Technology and Innovation Fund, aimed at commercializing innovative building materials and techniques, especially for modular and manufactured homes. Furthermore, the Canada Mortgage and Housing Corporation (CMHC) allocated $500 million in low-cost financing to back the construction of new apartments via prefabricated methods, streamlining approvals and hastening the creation of affordable housing nationwide.
  • Canada's housing crisis is evident, with a projected need for 3.5 million new homes by 2030. Prefabricated homes emerge as a potential remedy, given their cost benefits and quicker construction times. Yet, despite the heightened interest, prefab housing manufacturers face challenges in meeting the demand. Companies like Eco Homes report receiving hundreds of monthly inquiries, underscoring the widespread need for factory-built homes across Canada and even extending into northern U.S. regions.
  • While the promise of prefab housing in alleviating Canada's housing crunch is evident, hurdles like capacity constraints, regulatory challenges, and the necessity for streamlined processes persist. With ongoing government backing for modular and manufactured housing sectors, the journey to fulfilling Canada's housing demands hinges on navigating these challenges and boosting production capabilities.

Canada Manufactured Homes Industry Overview

The environment of the Manufactured Housing sector is fragmented, with a mix of international, regional, and local businesses. Local players in the area are well recognized for their quick delivery of manufactured homes. Alta-Fab Structures, Champion Home Builders, NRB Modular Solution, Stack Modular, Guildcrest Homes, Northern Comfort Modular Homes, Cavco Industries, TruMH (True Manufactured Homes), New Era Homes and Viceroy Homes are among the nation's top competitors.

Canada Manufactured Homes Market Leaders

  1. Cavco Industries

  2. Champion Home Builders

  3. NRB Modular Solution

  4. Alta-Fab Structures

  5. Viceroy Homes

  6. *Disclaimer: Major Players sorted in no particular order
Canada Manufactured Homes Market Concentration
Need More Details on Market Players and Competiters?
Download PDF

Canada Manufactured Homes Market News

  • May 2024: Canadian housing technology firm CABN has introduced its 752 sq ft Showhome, one of four models that can be assembled in just days. This model is said to consume only 20% of the energy used by a conventional home. Situated in Eastern Ontario, the Showhome launch coincides with CABN's discussions with Augusta Township to establish a 67-unit off-grid, net-zero CABN Community.
  • November 2024: The Honorable Harjit S. Sajjan, Minister of Emergency Preparedness and Minister responsible for the Pacific Economic Development Agency of Canada (PacifiCan), unveiled a new initiative aimed at broadening homebuilding choices in British Columbia (B.C.) and driving industry innovation. This move seeks to address the evolving needs of the province and its response to a changing climate. With British Columbians seeking ways to ease local housing challenges, the Regional Homebuilding Innovation Initiative is set to champion forward-thinking homebuilding concepts. Under the Regional Homebuilding Innovation Initiative, the Government of Canada is pledging a $50 million investment over the next two years, starting in 2024, to foster innovation within the home construction sector and its associated supply chain. PacifiCan, in British Columbia, is set to allocate $7.1 million from this initiative. The Canadian government's financial commitment aims to propel innovative homebuilding methods and enhance construction efficiency, not just in B.C., but nationwide. This encompasses projects that promote modular and prefabrication technologies, paving the way for sturdier and more resilient constructions.

Canada Manufactured Homes Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Market Definition and Scope
  • 1.2 Study Assumptions

2. RESEARCH METHODOLOGY

  • 2.1 Analysis Methodology
  • 2.2 Research Phases

3. EXECUTIVE SUMMARY

4. MARKET INSIGHTS

  • 4.1 Current Market Scenario
  • 4.2 Supply Chain / Value Chain Analysis
  • 4.3 Technological Innovations in the Manufactured Homes Market
  • 4.4 Government Regulations and Initiatives in the Industry
  • 4.5 Insights into Manufactured House Costs
  • 4.6 Impact of COVID-19 on the Market

5. MARKET DYNAMICS

  • 5.1 Drivers
  • 5.2 Restraints
  • 5.3 Opportunities
  • 5.4 Porter's Five Forces Analysis
    • 5.4.1 Bargaining Power of Suppliers
    • 5.4.2 Bargaining Power of Consumers / Buyers
    • 5.4.3 Threat of New Entrants
    • 5.4.4 Threat of Substitute Products
    • 5.4.5 Intensity of Competitive Rivalry

6. MARKET SEGMENTATION

  • 6.1 By Type
    • 6.1.1 Single Family
    • 6.1.2 Multi Family

7. COMPETITIVE LANDSCAPE

  • 7.1 Market Concentration Overview
  • 7.2 Company Profiles
    • 7.2.1 Cavco Industries
    • 7.2.2 Champion Home Builders
    • 7.2.3 NRB Modular Solutions
    • 7.2.4 Alta-Fab Structures
    • 7.2.5 Viceroy Homes
    • 7.2.6 Stack Modular
    • 7.2.7 Guildcrest Homes
    • 7.2.8 Northern Comfort Modular Homes
    • 7.2.9 TruMH (True Manufactured Homes)
    • 7.2.10 New Era Homes*
  • *List Not Exhaustive

8. MARKET OPPORTUNITIES AND FUTURE TRENDS

9. APPENDIX

You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

Canada Manufactured Homes Industry Segmentation

The manufactured homes, sometimes also called mobile homes, are constructed offsite, and once the entire structure is completed, the final product is transported to the desired location. The offsite works also include plumbing works, electrical works, installing the air conditioners, wiring, etc. 

A complete background analysis of the Canada Manufactured Homes Market, including the assessment of the economy and contribution of sectors in the economy, market overview, market size estimation for key segments, and emerging trends in the market segments, market dynamics, and geographical trends, and COVID-19 impact is covered in the report. The Canada Manufactured Homes Market is segmented By Type (Single Family and Multi-Family). The report offers size and forecasts for Canada Manufactured Homes Market in value (USD billion) for all the above segments.

By Type Single Family
Multi Family
Need A Different Region or Segment?
Customize Now

Canada Manufactured Homes Market Research FAQs

How big is the Canada Manufactured Homes Market?

The Canada Manufactured Homes Market size is expected to reach USD 1.56 billion in 2025 and grow at a CAGR of 3.34% to reach USD 1.84 billion by 2030.

What is the current Canada Manufactured Homes Market size?

In 2025, the Canada Manufactured Homes Market size is expected to reach USD 1.56 billion.

Who are the key players in Canada Manufactured Homes Market?

Cavco Industries, Champion Home Builders, NRB Modular Solution, Alta-Fab Structures and Viceroy Homes are the major companies operating in the Canada Manufactured Homes Market.

What years does this Canada Manufactured Homes Market cover, and what was the market size in 2024?

In 2024, the Canada Manufactured Homes Market size was estimated at USD 1.51 billion. The report covers the Canada Manufactured Homes Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Canada Manufactured Homes Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Canada Manufactured Homes Industry Report

Statistics for the 2025 Canada Manufactured Homes market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Canada Manufactured Homes analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.