Prefabricated Wood Building Manufacturing Industry Profile

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).

The prefabricated wood building manufacturing is forecast to value about $35 billion with a compound annual growth rate (CAGR) of 5.5% from 2024 to 2029, according to Mordor Intelligence. Increased investment in home renovations is driving the sector as consumers seek modern and customizable building solutions.

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 niche products. The US industry is concentrated: the ...