Page Length: | 10-12 | |
Last Quarterly Update: | 10/7/2024 | |
SIC Codes: | 2452 | |
NAICS Codes: | 321992 |
Chapters Include: | ||
Industry Overview | Trends & Challenges | Industry Forecast |
Quarterly Industry Update | Call Prep Questions | Website & Media Links |
Business Challenges | Financial Information | Glossary & Acronyms |
Companies in this industry are engaged in manufacturing prefabricated wood buildings, as well as wood sections and panels for prefabricated wood buildings. Major companies include American Homestar, Cavco, Clayton Homes, Skyline Champion, and Tuff Shed (all of the US), as well as Fertighaus Weiss (Germany), GriffnerHaus (Austria), Honkarakenne (Finland), and Matsushima Rinko (Japan).
Top countries for prefabricated wood building manufacture include China, Netherlands, Estonia, Czechia, and Germany, according to the Observatory of Economic Complexity. Rising incomes and emerging middle classes in developing regions resulting to increased construction, especially in Asia, is expected to reach a growth rate of more than 6% until 2028, according to Mordor Intelligence.
The US prefabricated wood building manufacturing industry includes about 640 establishments (single-location companies and units of multi-location companies) with a combined annual revenue of about $4 billion.
Production of manufactured housing (also called mobile homes) is covered separately, in the Manufactured Home Manufacturing industry profile. Prefabricated wood buildings include houses (modular homes), but unlike manufactured homes, modular homes are not designed to be moved once placed on a site. Some companies produce both manufactured homes and modular homes.
COMPETITIVE LANDSCAPE
Demand is driven by population growth and the availability of credit. The profitability of individual companies depends on efficient operations and effective marketing. Large companies have advantages of scale in purchasing and marketing. Small companies can compete by serving local markets or by specializing in ...
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