Manufactured Housing Market

By Number of Section;

Single Section, Double Section and Multi-Section

By Location;

Private Property and MH Communities

By Application;

Residential and Non-Residential

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn796134407 Published Date: September, 2025 Updated Date: October, 2025

Manufactured Housing Market Overview

Manufactured Housing Market (USD Million)

Manufactured Housing Market was valued at USD 37,335.42 million in the year 2024. The size of this market is expected to increase to USD 58,516.30 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.6%.


Manufactured Housing Market

*Market size in USD million

CAGR 6.6 %


Study Period2025 - 2031
Base Year2024
CAGR (%)6.6 %
Market Size (2024)USD 37,335.42 Million
Market Size (2031)USD 58,516.30 Million
Market ConcentrationMedium
Report Pages349
37,335.42
2024
58,516.30
2031

Major Players

  • Berkshire Hathaway Inc
  • Cavco Industries, Inc
  • Cumberland Japan Co., Ltd
  • Nobility Homes, Inc
  • Omar Park Homes Limited
  • Q Prefab O
  • Skyline Champion Corporation
  • The Commodore Corporation
  • Wigo Group

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Manufactured Housing Market

Fragmented - Highly competitive market without dominant players


The manufactured housing market has grown steadily as an affordable and flexible solution for residential needs. These factory-built homes are assembled in controlled environments, ensuring quality and cost efficiency. Nearly 65% of demand comes from buyers seeking affordable housing alternatives, highlighting the importance of manufactured homes in addressing housing shortages.

Affordability and Cost Efficiency
One of the strongest drivers of this market is affordability, as manufactured homes are typically 30–40% less expensive than traditional site-built houses. Around 55% of homeowners choosing manufactured housing cite cost savings as the primary reason. Efficient production processes and reduced construction time enhance their value proposition.

Quality and Customization Advantages
Modern manufactured homes offer high levels of quality, durability, and customization. Nearly 45% of units produced include upgraded features such as energy-efficient systems, smart appliances, and enhanced materials. This reflects the industry’s shift from low-cost housing to providing sustainable, modern, and attractive living solutions.

Adoption Across Diverse Consumer Groups
The market caters to a broad range of consumers, including first-time buyers, retirees, and families seeking affordable housing solutions. Approximately 40% of manufactured housing buyers prioritize flexibility and mobility. The ability to relocate homes or install them in communities makes manufactured housing appealing to diverse demographic groups.

Future Market Outlook
The future of the manufactured housing market appears promising, driven by rising affordability challenges, technological advancements, and increasing demand for sustainable living. With ongoing innovations in design, energy efficiency, and customization, manufactured housing will continue to gain traction as a viable and attractive residential option.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Number of Section
    2. Market Snapshot, By Location
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Manufactured Housing Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Affordable Housing Demand
        2. Technological Advancements
        3. Government Support and Incentives
      2. Restraints
        1. Perception and Stigma
        2. Zoning and Regulatory Challenges
        3. Land Availability Constraints
      3. Opportunities
        1. Urbanization and Housing Shortages
        2. Customization and Design Flexibility
        3. Sustainable and Energy-Efficient Solutions
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Manufactured Housing Market, By Number of Section, 2021 - 2031 (USD Million)
      1. Single Section
      2. Double Section
      3. Multi-Section
    2. Manufactured Housing Market, By Location, 2021 - 2031 (USD Million)
      1. Private Property
      2. MH Communities
    3. Manufactured Housing Market, By Application, 2021 - 2031 (USD Million)
      1. Residential
      2. Non-Residential
    4. Manufactured Housing Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Clayton Homes
    2. Skyline Champion Corporation
    3. Cavco Industries
    4. Legacy Housing Corporation
    5. Boxabl
    6. Fleetwood Homes
    7. Palm Harbor Homes
    8. Redman Homes
    9. Marlette Homes
    10. Schult Homes
    11. Norris Homes
    12. Giles Industries
    13. Golden West Homes
    14. Oakwood Homes
    15. TruValue Homes
  7. Analyst Views
  8. Future Outlook of the Market