Market Size of France Manufactured Homes Industry
Study Period | 2020 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2020 - 2022 |
CAGR | > 4.50 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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France Manufactured Homes Market Analysis
The size of the France Manufactured Homes Market is USD 3.10 billion in the current year and is anticipated to register a CAGR of over 4.5% during the forecast period.
- COVID-19 has slightly impacted the manufactured homes market in France. Due to COVID-19 restrictions, many construction projects were delayed or canceled. In addition, the pandemic has disrupted all manufacturing supply chains, but that does not last for a long time. After easing the restriction, the market witnessed slow growth.
- Manufactured home adoption is gaining traction in France, which is majorly driven by the increasing population, rapid urbanization, and increasing demand for residential units. Moreover, the growing shortage of construction materials resulted in higher construction prices in the country which further resulted in the consumers' shift towards mobile homes.
- Moreover, in 2022, a social outreach organization, offering compact tiny houses on wheels. In order to develop these homes, AMISEP involved homeless people and trained them in building tiny homes, and these homes are gaining traction in areas with high demand for small-scale housing units. Thus, the growing demand for tiny homes will drive the manufactured homes market in France.