On site: Greater access to credit and an increase in the homeownership rate will aid growth

Over the past five years, demand for less expensive, manufactured homes has spiked, allowing the Prefabricated Home Manufacturing industry to grow despite continued reduction in the price of its products. Declines in housing prices and conventional mortgage rates lowered the price of traditional homes and reduced the appeal of industry products as a cost-effective substitute. As a result, many companies were forced to exit the industry, merge with competitors or face acquisition. However, as the residential real estate market continues its recovery over the next five years, demand for manufactured and prefabricated homes will rise, though such products will continue to decline as a share of the overall housing market...read more.

Industry Statistics & Market Size
Revenue
$8bn
Annual Growth 12-17
5.2%
Forecast Growth 17-22
Profit
Employment
40,079
Businesses
884
What Our Customers Say

Industry Threats & Opportunities

  • Sustained recovery in the residential market will continue to boost industry sales, albeit at a slower rate
  • When mortgage rates decline, the industry experiences an increased level of competition
  • The industry will continue to expand against the backdrop of rising home prices
  • Industry Report - Industry SWOT Analysis Chapter

    The Prefabricated Home Manufacturing industry is in the declining stage of its life cycle. Industry value added (IVA), which measures the industry’s contribution to the overall economy, is forecast to rise an annualized 3.3% over the 10 years to 2022. By contrast, US GDP is projected to rise an average 2.0% per year during the same period. While an IVA that grows moderately faster than the economy as a whole is typically suggestive of a mature life cycle stage, industry IVA is high due to heavy losses incurred during the recession and increased consolidation among the most efficient operators. Manufactured home purchases are nevertheless continuing to decline as a share of the total housing market, reflecting the industry’s declining life cycle stage...purchase to read more.

    Additional Insights for the Prefabricated Home Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Prefabricated Home Manufacturing Industry are

  • Having a diverse range of clients
  • Proximity to key markets
  • Supply contracts in place for key inputs
  • IBISWorld analysts also discuss how external factors such as Number of households and House price index in the Prefabricated Home Manufacturing industry impact industry performance..

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    What is the Prefabricated Home Manufacturing Industry?

    Companies in the industry produce manufactured (mobile) and modular (prefabricated) homes and buildings, as well as wood sections and panels for prefabricated buildings. Manufactured homes are constructed in a factory-controlled environment and often come equipped with wheels. Modular homes are manufactured in sections and then moved to the home site for final assembly.

    Industry Products
  • Manufactured mobile homes
  • Prefabricated wood buildings
  • Nonresidential mobile buildings
  • Industry Activities
  • Manufacturing (mobile) buildings for commercial use (e.g. banks, offices)
  • Manufacturing (mobile) classrooms
  • Mobile home
  • Farm building
  • Log cabin
  • Prefabricating wood panels and section
  • Prefabricated wood buildings
  • Sauna room
  • Manufacturing garages and sheds (e.g. garden, storage, utility)
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Number of households
  • House price index
  • National unemployment rate
  • year conventional mortgage rate
  • Value of residential construction

  • Current Performance
  • Revenue and regulation
  • Consolidation and consumer trends
  • Chart: Revenue Growth

  • Industry Outlook
  • Rising demand
  • Consistent roadblocks
  • Financing future growth
  • Table: Prefabricated Home Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Prefabricated Home Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Manufactured Home Wholesaling
  • Manufactured Home Dealers

  • Key Selling Industries
  • Millwork
  • Sawmills & Wood Production
  • Wood Paneling Manufacturing

  • Products & Services
  • Manufactured mobile homes
  • Prefabricated wood buildings
  • Nonresidential mobile buildings
  • Chart: Prefabricated Home Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • 18-29
  • 50-59
  • 30-39
  • 40-49
  • 60-69
  • 70-79
  • 80-85
  • Chart: Major Market Segmentation for the Prefabricated Home Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Prefabricated Home Manufacturing

  • Basis of Competition
    Internal competitionExternal competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Prefabricated Home Manufacturing Industry

  • Industry Globalization
    Berkshire Hathaway Inc.Champion Enterprises Inc.Cavco Industries Inc.
  • Table: Berkshire Hathaway Inc. - financial performance
  • Table: Champion Enterprises Inc. - financial performance
  • Table: Cavco Industries Inc. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Prefabricated Home Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Prefabricated Home Manufacturing Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Exports (2008-2022)
  • Imports (2008-2022)
  • Wages (2008-2022)
  • House Price Index (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Table: Industry Financial Ratios
    Computer-Aided Design
  • The use of computer technology to aid the design and drafting of a part or product using software tools that can create two-dimensional drawings or three-dimensional models.
  • Mobile Home
  • A home constructed entirely in a factory-controlled environment and typically equipped with wheels; also known as a manufactured home.
  • Prefabricated Home
  • A home manufactured in sections and then transported to the home site for final assembly; also known as a modular home.
  • Veneer
  • Thinly sliced pieces of wood glued to other wood pieces, medium-density fiberboard or particleboard panels.
  • Why buy this report?

    IBISWorld’s Prefabricated Home Manufacturing Industry Research Report contains up-to-date data and analysis, allowing you to identify the strengths and potential weaknesses of major companies in the industry. Build your credibility with clients and prospects by sharing insights into the current and emerging trends driving their industry. Our market research gives you the tools to win new business and keep existing clients.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Prefabricated Home Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Prefabricated Home Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Prefabricated Home Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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