Between 2021 and 2022, Barratt Developments was the company with the largest housing turnover in the United Kingdom. Taylor Wimpey was the second company in the ranking, with a housebuilding revenue of *** billion British pounds. In fourth place, Bellway generated a revenue of *** billion British pounds in 2022. However, that only refers to the turnover that those companies generated from housing activities. What is the outlook for the UK's home construction market? Although housing construction was expected to stagnate in 2024, over the coming years the number of homes built is expected to rise at a quick pace. The projected growth of housing starts in the UK is anticipated to be **** percent higher in 2028 than in 2024. A rise in construction starts would be a good sign for the market, as there is a high demand for housing which, along with other factors, has fostered increasingly higher house prices in the UK during the past years. Who are the leading home builders in the U.S.? The market size of the home building industry in the United States is even bigger than in the UK. In 2023, Miami-based Lennar Corp. and the Texas-based D.R. Horton were the largest homebuilders in the U.S. with a revenue of over ** billion U.S. dollars. Other builders, such as PulteGroup, Toll Brothers, and NVR were also prominent players in the residential construction industry, with much higher revenue figures than their UK counterparts. The value of new residential construction in the U.S. rose significantly from 2019 to 2022 despite the COVID-19 pandemic, reaching about *** billion U.S. dollars. However, the market is expected to decrease until 2025, which could impact the revenues of these home builders.

Residential building contractors are contingent on the propensity of property developers to invest in new ventures; movements in property prices; government schemes intended to boost the housing supply; and underlying sentiment in the housing market. Industry contractors have endured turbulent operating conditions over the past five years, leading to volatile shifts in revenue and profitability. Revenue is forecast to grow at a compound annual rate of 5.4% over the five years through 2025-26, reaching £100.5 billion. The pandemic caused a significant drop in output in 2020-21, as restrictions placed on on-site activity and fewer enquiries for new housing units reduced revenue opportunities. Aided by government support for the housing market and the release of pent-up demand, 2021-22 was characterised by a strong rebound in activity, though materials and labour shortages maintained constraints on output. Mounting supply chain disruption and heightened economic uncertainty maintained pressure on output in the following year, though revenue growth was maintained by growth in average selling prices. Interest rate hikes and inflationary pressures led to a more subdued housing market in 2022-23, holding back the number of housing starts and completions during the year. This was followed by a slump in new residential building construction in the following year, as high borrowing costs and uncertain market conditions caused developers to scale back investment plans. The new Labour government has put forth ambitious housing targets, leading to planning reforms, increased funding for SME housebuilders and a particular focus on affordable housing to speed up housing delivery. Even though economic conditions continue to affect investor sentiment, supportive supply-side policies are anticipated to boost revenue growth by 0.5% in 2025-26. This growth is expected to also be fuelled by an uptick in new orders for residential building construction, coupled with a rise in average selling prices. Revenue is slated to climb at a compound annual rate of 2.3% to reach £112.5 billion over the five years through 2030-31. Housebuilding activity is set to grow in the medium-term, aided by the release of pent-up demand. Nonetheless, significant uncertainty remains, with mortgage rates likely to settle well-above pre-pandemic levels and supply chains remaining fragile. The new government’s pledge to deliver 1.5 million houses during the first five years of parliament will boost demand for industry contractors, though the full impact of this on growth prospects is dependent on the nature and extent of accompanying funding plans.

******************** led the rankings in terms of the largest construction company by market capitalization in the United Kingdom as of October 11, 2024. The residential property development company reached a market capitalization of nearly **** billion U.S. dollars. Other notable companies in the sector were Taylor Wimpey and Persimmon, with market caps amounting to **** billion and *** billion U.S. dollars, respectively.

Starts and completions of new build dwellings in the UK, on a quarterly and annual basis, time series data

Several of the largest new residential construction projects in the United Kingdom with a construction start date in 2025 were found in London. The Planned Investment and Major Works Programme in London was valued at **** billion British pounds. The housing construction market in London London is one of the best-known cities in the world. It is an important financial and economic centre, accounting for the highest share of GDP out of all the regions in the UK. It is also home to the West-End and the British Museum, and it boasts a vibrant cultural life. The economic importance and popularity of the city are some of the factors fostering a high demand for housing construction in London. In addition to the ****** housing starts in London in 2023/24, there was also a similar volume of housing completions. In comparison, the number of private housing starts in the UK as was estimated to be ******* in 2024. House repairs in the UK Housing repair and maintenance was one of the segments with the highest market shares in the UK construction industry. Meanwhile, new private housing construction represented ** percent of the construction market in the country in 2024. The revenue of housing repair and maintenance in Great Britain has been increasing at a fast pace in the past years.

Private companies were responsible for most of the new homes built in the United Kingdom (UK), amounting to ******* units in 2024. Housing completions in the UK decreased for three years in a row between 2007 and 2010. This was followed by several years of fluctuation and a gradual increase from 2013 to 2019. The number of homes completed in England remained relatively stable in 2022 and 2023, after reaching a low point in the second quarter of 2020 due to the restrictions implemented to prevent the spread of COVID-19. Construction starts and completions Comparing the number of starts and completions in London side-by-side shows that whenever there is a significant growth or fall in the number of projects started, that peak or valley tends to be reflected in the number of buildings completed a couple of years later. Nevertheless, disruptions, delays, and other obstacles may affect that correlation. Still, observing how many home construction projects started in the UK can provide some insight into the level of activity that construction companies may have in the near future. Given that the number of housing starts is forecast to fall in 2024, there might be slightly less work to be carried out the following year. Nevertheless, housing starts are expected to pick up again by 2025 and 2026. Housing associations in the UK Housing associations are not-for-profit organizations created to develop and rent homes for a lower price than in the private market. They have acquired certain relevance in the UK, although this type of organization also exists in other countries. On several occasions during the past decade, over a fifth of housing starts in London were developed by housing associations. Meanwhile, the number of new homes completed in Scotland by housing associations has increased a lot throughout the years, with several thousand units constructed every year during the past decades.

An assessment of the design quality of 93 new housing schemes in the North East, North West and Yorkshire & Humber. The assessment was carried out in 2005. The assessment is based on the Building for Life criteria. For each of the three Government Office regions, the top 10 house builders by volume were selected. For each top 10 house builder all schemes were completed between January 2002 and January 2005 and above 20 units. All developments were within an average house price bracket. Data for each housing scheme includes scheme name/address, local authority, housebuilder, number of units, context (urban, suburban etc), site type (greenfield/brownfield), scores for individual Building for Life criteria and total scores.

Repair and maintenance of private homes was the segment of residential construction with the highest annual growth rate in 2023. Meanwhile, new private and public housing construction increased by over five percent that year.

The number of housing units whose construction started in Wales in 2023 was over three times higher than in 2020. The source did not provide data for 2021. Overall, the number of housing starts has decreased a lot between 2000 and 2020. Wales was the country with the lowest number of housing completions per capita in Great Britain.

The European residential construction market, valued at €1.08 billion in 2025, is projected to experience robust growth, driven by several key factors. A rising population, particularly in urban centers across major European economies like the UK, Germany, and France, fuels the demand for new housing. Furthermore, government initiatives aimed at stimulating affordable housing and addressing housing shortages, coupled with improving economic conditions in several regions, contribute to market expansion. The market is segmented by property type (single-family and multi-family) and construction type (new construction and renovation), with new construction currently dominating due to higher profitability and demand for modern housing amenities. Growth in the multi-family segment is expected to accelerate due to increasing urbanization and changing lifestyle preferences. While challenges remain, such as fluctuating material costs, skilled labor shortages, and stringent building regulations, these are likely to be mitigated by technological advancements in construction and sustainable building practices. Key players like Bellway plc, Skanska AB, and Persimmon plc are actively shaping the market landscape through strategic acquisitions, technological integration, and expansion into new regions. The projected CAGR of 5.67% suggests a consistently growing market over the forecast period (2025-2033), indicating significant investment opportunities. The renovation segment is expected to witness steady growth, driven by the increasing need to upgrade existing properties to meet modern standards of energy efficiency and sustainability. Government incentives and regulations promoting green building practices are further bolstering this segment. Competition within the market is intense, with established players focusing on innovation, diversification, and efficient project management to maintain their market share. The regional performance will vary depending on economic conditions and governmental policies within each nation. The UK, Germany, and France are anticipated to be the largest markets, driven by stronger economies and higher population density. However, other countries within the specified region (including Italy, Spain, Netherlands, Belgium, Sweden, Norway, Poland, and Denmark) will contribute significantly to the overall market growth, particularly as housing shortages are addressed through public and private sector investments. Recent developments include: April 2023: Apollo Global Management Inc. agreed to buy part of a portfolio of apartments from Vonovia SEfor €1 billion ($1.1 billion), with the largest German residential deal in months suggesting confidence is returning to the under-pressure sector. The private equity firm will acquire a minority stake in 21,000 homes in the German state of Baden-Wuerttemberg at a discount of about 5% to the portfolio’s year-end valuation., October 2023: The new housing association, Sovereign Network Group (SNG), announced its formation yesterday following a tie-up between 61,000-home Sovereign and Network Homes, which managed 21,000 properties. The new organisation will be a member of the G15 group of London’s largest landlords, and will manage more than 82,000 homes with 210,000 customers across London, Hertfordshire and the South of England.. Notable trends are: Increasing in Investments in Multifamily Residential Construction.

The UK manufactured homes market, while a smaller segment compared to traditional construction, exhibits robust growth potential. Driven by factors such as increasing housing shortages, rising land prices, and a growing preference for sustainable and affordable housing options, the market is poised for significant expansion. The average construction time for manufactured homes is significantly shorter than traditional builds, addressing the urgent need for quicker housing solutions. This efficiency, coupled with advancements in design and technology resulting in improved aesthetics and energy efficiency, is attracting a broader range of buyers. Government initiatives promoting sustainable housing and affordable housing options further bolster market growth. While regulatory hurdles and perceptions of quality remain challenges, ongoing innovation and increasing consumer awareness are mitigating these concerns. Key players like Lendlease, Laing O'Rourke, and others are investing in innovative designs and streamlined production processes to capitalize on this expanding market. The segment is segmented primarily by type, with single-family units dominating the market share currently but multi-family units witnessing a considerable surge as developers recognize the potential in larger-scale projects. The forecast period (2025-2033) predicts a steady increase in market value, fueled by continuous demand and further industry development. The UK market specifically benefits from government policies encouraging eco-friendly construction practices, which aligns well with the inherent sustainability of manufactured homes. While competition from traditional construction remains, the market's unique advantages of speed, affordability, and sustainability are projected to steadily increase market share over the coming decade. The concentration of major players indicates a degree of market consolidation, suggesting ongoing investment and potential for further innovation. Future growth will depend on overcoming existing challenges and maintaining the current positive momentum in terms of both consumer perception and supportive governmental regulations. This in-depth report provides a comprehensive analysis of the UK manufactured homes market, covering the period from 2019 to 2033. It offers invaluable insights into market size, growth drivers, challenges, and future trends, empowering stakeholders to make informed strategic decisions. The report leverages extensive primary and secondary research, incorporating data from key players like Lendlease Corporation Limited, Campbells Park Homes, Timberlog Build, Omar, Pathfinder Homes, CS Vanguard, Bouygues Construction, Laing O'Rourke, Karmod, and Campion Homes. The study uses 2025 as the base year and provides forecasts up to 2033. Recent developments include: June 2022 - TopHat announced intention to deliver Europe's largest modular homes facility. Capable of delivering one house every hour, the state-of-the-art facility will use precision engineering techniques to create c.4,000 homes per year. The new premises will be operational from 2023, creating 1,000 highly skilled jobs., May 2022 - Campion Homes have been appointed by Blackwood to develop 66 new smart tech homes in Charleston, Dundee. The project will deliver a mix of two-bedroom flats and four & to five-bedroom homes.. Key drivers for this market are: Demand for New Dwellings Units, Government Initiatives are driving the market. Potential restraints include: Supply Chain Disruptions, Lack of Skilled Labour. Notable trends are: Rapid Urbanization in the Region is Driving the Market.

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House Wraps Market Size 2025-2029

The house wraps market size is forecast to increase by USD 2.8 billion at a CAGR of 6.8% between 2024 and 2029.

The market is witnessing significant growth due to the increasing focus on moisture management and energy savings. The adoption of new fire-retardant membranes in house wraps is a key trend driving market growth. However, improper installation of house wraps remains a challenge and can negatively impact the market. Moisture management is a critical factor in ensuring the longevity and effectiveness of house wraps. Energy savings are also a significant consideration, as house wraps help reduce heating and cooling costs by providing an additional insulation layer. The use of advanced materials and technologies, such as breathable house wraps and self-adhesive house wraps, is expected to further boost market growth.
Overall, the market is poised for steady expansion, driven by these market trends and growth factors. Moisture management is a critical factor in ensuring the longevity of building structures, and it provides an effective solution by allowing moisture to escape while preventing water intrusion.

What will be the House Wraps Market Size During the Forecast Period?

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House wraps, a crucial component in the construction industry, have gained significant attention in the commercial development sector due to their ability to enhance a building's energy efficiency and aesthetic appeal. The market for house wraps is subjected to various macroeconomic and external factors that influence its dynamics. Quantitative data reveals a steady growth in the demand for house wraps, driven by increasing commercial construction activities. However, qualitative data from consumer buying behavior studies indicate a preference for cost-effective and energy-efficient solutions. Economic scenarios, such as monetary policy and inflation, play a pivotal role in shaping the market. Historical pricing data and graphical analysis reveal trends in Polypropylene, Polyethylene, and Polyvinyl chloride-based systems.
In addition, geopolitical tensions, climate disasters, and disinflation are external factors that can impact the market's competitive position. A macroeconomic analysis of the house wraps value chain reveals the importance of intermediaries, including distributors and retailers, in the market's supply chain. Commodity prices, historical pricing data from digital archives, and insights from domain experts provide valuable information on the market's pricing analysis. Energy costs, a significant factor in the construction industry, have a direct impact on the demand for house wraps. The entry of tech firms from Silicon Valley and other innovative regions into the market is expected to intensify competition.

How is this market segmented and which is the largest segment?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Application

  Commercial
  Residential


Type

  Non-perforated house wraps
  Perforated house wraps


Geography

  North America

    Canada
    US


  Europe

    Germany
    UK
    France


  APAC

    China
    India
    Japan
    South Korea


  South America

    Brazil


  Middle East and Africa

By Application Insights

The commercial segment is estimated to witness significant growth during the forecast period.

The market has witnessed significant growth in the commercial sector due to the increasing focus on energy efficiency and sustainability in business development. House wraps are essential components of building envelopes, providing improved air infiltration control, moisture management, and thermal performance for builders and developers. In large-scale commercial projects, such as office buildings and shopping complexes, innovative house wraps are used to ensure a comfortable internal climate, reduce heating and cooling expenses, and extend building lifespan. The market's growth is driven by the need for sustainable building practices and the benefits house wraps offer in enhancing a building's overall performance.

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The commercial segment was valued at USD 3.45 billion in 2019 and showed a gradual increase during the forecast period.

Regional Analysis

North America is estimated to contribute 53% to the growth of the global market during the forecast period.

Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The North American market for house wraps is driven by the advanced economies of the US and Cana

Discover the booming European modular construction market! This comprehensive analysis reveals key trends, drivers, and restraints impacting growth through 2033, including market size, CAGR, segment analysis, and leading companies. Explore the potential of sustainable, efficient building solutions in Germany, UK, France, and beyond. Recent developments include: October 2022 : Japan's largest homebuilder, Daiwa House, announced their joint venture with Capital Bay to deliver modular construction across Europe. The JV will result in Capital Bay using modular construction units for its own projects and operator brands, but will also be offered to third-party customers in Europe., June 2022 : HS2 Ltd. (High Speed 2 - a planned high-speed railway line in the UK) announced that Laing O'Rourke Delivery Ltd will build HS2's new Interchange Station in Solihull, at the heart of Britain's new high-speed rail network. The contract, which is worth up to GBP 370 million, will see them work with HS2 Ltd in two stages to finalize the detailed design and then build the landmark station over the next few years.. Key drivers for this market are: Growing Demand for Modular Construction in Commercial Segment, Rising Demand for Higher-quality, Eco-friendly Homes. Potential restraints include: Growing Demand for Modular Construction in Commercial Segment, Rising Demand for Higher-quality, Eco-friendly Homes. Notable trends are: Commercial Sector Expected to Dominate the Market.

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An assessment of the design quality of 100 new housing schemes in London, the South East and the East of England. The assessment was carried out in 2004. The assessment is based on the Building for Life criteria. For each of the three Government Office regions, the top 10 house builders by volume were selected (based on most recent available data). For each top 10 house builder all schemes were completed between 1 Jan 2001 and 1 Jan 2004, over 20 units in size and of ‘Average’ Sales price. The attainable scores for each housing scheme varied from -48 (a ‘Poor’ standard scheme) to +48 (a ‘Very Good’ standard scheme). Each of the 16 audit criteria could receive a score of +3 to -3, which were added together to make up the total. Data for each housing scheme includes the housing scheme name, completion date, scores for individual criteria and total scores.

Snapshot img

Tiny Homes Market Size 2025-2029

The tiny homes market size is valued to increase USD 3.71 billion, at a CAGR of 4.2% from 2024 to 2029. Affordable by mass section of population will drive the tiny homes market.

Major Market Trends & Insights

North America dominated the market and accounted for a 55% growth during the forecast period.
By Product - Mobile tiny homes segment was valued at USD 9.64 billion in 2023
By Application - Home use segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 37.94 million
Market Future Opportunities: USD 3713.10 million
CAGR : 4.2%
North America: Largest market in 2023

Market Summary

The market represents a burgeoning sector in the residential real estate industry, characterized by its focus on compact, affordable living solutions. This market encompasses a range of core technologies and applications, from innovative building materials and modular construction methods to renewable energy systems and smart home automation. Service types and product categories include design and construction services, as well as the sale of prefabricated tiny homes and accessories. Despite regulatory challenges in some regions, the market continues to expand, driven by the growing trend of customization and the affordable nature of tiny homes, making them an attractive option for a mass section of the population. However, limited demand from developing economies presents a significant challenge. In the United States, for instance, the American Tiny House Association reports that the number of tiny homes registered with the organization has grown by over 50% since 2019. This underscores the evolving nature of the market and the opportunities it presents for businesses and consumers alike.

What will be the Size of the Tiny Homes Market during the forecast period?

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How is the Tiny Homes Market Segmented and what are the key trends of market segmentation?

The tiny homes industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. ProductMobile tiny homesStationary tiny homesApplicationHome useCommercial useAreaLess Than 130 Sq. Ft.130-500 Sq. Ft.More Than 500 Sq. Ft.Less Than 130 Sq. Ft.130-500 Sq. Ft.More Than 500 Sq. Ft.Price RangeBudgetMid-rangePremiumMaterialWoodMetalRecycledGeographyNorth AmericaUSCanadaEuropeFranceGermanyItalySpainUKMiddle East and AfricaUAEAPACChinaIndiaJapanSouth KoreaSouth AmericaBrazilRest of World (ROW)

By Product Insights

The mobile tiny homes segment is estimated to witness significant growth during the forecast period.

The market has experienced significant expansion in recent years, with mobile tiny homes, characterized by permanently affixed chassis, witnessing substantial growth. These homes are manufactured in factories and transported to their intended sites via wheels or trucks. The affordability of mobile tiny homes makes them a popular solution in the affordable housing sector in various countries. The increasing cost of conventional houses in numerous nations is driving the demand for these compact living solutions. Young adults and retirees, seeking to save on housing expenses, are the primary consumer groups fueling the market's growth. According to recent data, the adoption of tiny homes has risen by approximately 18%, and it is projected to expand further, reaching around 25% in the upcoming five years. In terms of market trends, green building practices and energy-efficient appliances are gaining traction. Interior finishing materials, such as reclaimed wood and recycled materials, are increasingly popular. Water conservation methods, like rainwater harvesting and greywater recycling, are being integrated into tiny home designs. Site preparation techniques, like minimal excavation and foundation system designs, are being optimized for efficient construction. Structural engineering designs focus on maximizing space through innovative layouts and smart home integration. Prefabricated housing and alternative building methods, like modular construction, are streamlining the construction process. Plumbing system installations and wastewater treatment systems are being designed for off-grid living. Insulation techniques, transportation logistics, permitting and approvals, and building code compliance are all crucial aspects of the market. The durability and longevity of tiny homes are essential considerations, with sustainable building materials and hvac system optimization being key factors. Cost estimation models, downsizing and minimalism, and mobile home foundations are also significant market trends. Electrical system designs prioritize fire s

Carpentry and joinery product manufacturing revenue is forecast to grow at a compound annual rate of 4.1% over the five years through 2024-25 to £7.5 billion. Residential construction activity in the UK has faced a downturn in recent years, despite government housing targets due to rising material costs, labour shortages and a drop in housing projects. However, demand for greenhouses, garden sheds and DIY products has swelled thanks to people spending more time at home during and after the pandemic, with working from home staying strong, presenting niche market opportunities for new entrants to explore. At the same time, non-residential construction activity has been boosted by government policy, particularly school and hospital building projects. Competition between manufacturers is intense as companies fight fiercely for market share, aiming to offer high-quality products at competitive prices. With the added challenge of competition from substitute products, heightened interest rates and a higher cost of borrowing, this has limited profitability. Recently, inflationary pressures have begun to ease, reducing the financial strain on homeowners and businesses. This relief is stimulating increased demand for property renovations, leading to a boost in carpentry and joinery product sales. In 2024-25, revenue is forecast to expand by 1.5%. Over the five years through 2029-30, revenue is forecast to grow at a compound annual rate of 2.6% to £8.5 billion. UK government policies intended to relieve the nationwide housing shortage are set to stimulate the residential construction market. The non-residential construction market is also expecting a boost due to increased funding for public buildings and fiscal stimulatory measures. Improving economic conditions, commercial investment in new projects and the legal target to cut greenhouse emissions by 2050 should drive the demand for residential renovations and commercial construction, promoting sales of carpentry products.

Success.ai’s Commercial Real Estate Data for Commercial Real Estate Professionals in Europe provides a highly detailed dataset tailored for businesses looking to engage with key decision-makers in the European commercial real estate market. Covering developers, property managers, brokers, and investors, this dataset includes verified contact data, decision-maker insights, and firmographic details to empower your outreach and strategic initiatives.

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