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Prefabricated Home Manufacturing in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Prefabricated Home Manufacturing Market Research Report | NAICS 32199a | May 2016

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

The Prefabricated Home Manufacturing market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Industry Statistics & Market Size
Revenue
$8bn
Annual Growth 11-16
6.1%
Annual Growth 16-21
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Profit
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Employment
39,917
Businesses
871
Industry Analysis & Industry Trends

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... purchase to read more

Industry Report - Industry Locations Chapter

Most prefabricated and module home manufacturers are located in the Southeast, the Mid-Atlantic, the Great Lakes and the West. Establishments are typically located near upstream industries, such as sawmills, wood paneling manufacturers and millwork companies. Moreover, manufactured housing is a regional business and, according to Cavco's financial statements, the primary geographic market for a typical manufacturing facility is within a 350-mile radius.

Southeast

The Southeast dominates with 25.6% of the nation's total manufacturers. Within the region, Tennessee is the largest producer with 4.6% of the nation's total manufacturers. Moreover, the industry's largest player, Clayton Homes is headquartered in the state. Ope.. purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Prefabricated Home Manufacturing Industry?

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

Industry Products
Manufactured mobile homesPrefabricated wood buildingsNonresidential mobile buildings
 
Industry Activities
Manufacturing (mobile) buildings for commercial use (e.g. banks, offices)Manufacturing (mobile) classroomsMobile homeFarm buildingLog cabinPrefabricating wood panels and section Prefabricated wood buildingsSauna roomManufacturing garages and sheds (e.g. garden, storage, utility)


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