The global container homes market is expected to grow faster than other types of housing over the next few years. This is primarily due to the high demand in the world market for container houses. Currently, there are more than twelve million people who have chosen to live in a container home.
The global container houses market is expected to grow from $47.75 billion in 2020 to $51.3 billion in 2021 at a compound annual growth rate (CAGR) of 7.4%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The container houses market is expected to reach $64.48 billion in 2025 at a CAGR of 5.9%. ( Source: Container Houses Global Market Report 2021 )
If you are an individual looking at making such an investment, you may want to consider taking advantage of this market. There are several benefits to investing in a container home.
Container Homes is housing options that allow you to build a permanent home without having to dig and mow your own lawn.
What is Shipping Container Homes anyway?
The fundamental design of this home uses one or more used, out-of-date shipping containers to create a home. These containers can usually be purchased relatively inexpensively, thereby bringing the cost of the whole home down. You may not even think of living in shipping container homes put together to build a permanent house.
What is so attractive about using shipping containers for making permanent housing that you are probably wondering?
One thing that comes to mind is that shipping containers can usually accommodate larger populations than conventional homes would be able to support. Think about it: you have several thousand people per container, and each home will have access to its own yard, driveway, and sun/shade.
Add to that the fact that the homes are built in an area where the climate is normally temperate (meaning, neither too hot nor too cold), and you can see why Container Homes can work well in north America. You don’t need to worry about snow, rain, heat, etc.
Another appealing feature of shipping container homes is that you can build them with as little or as much energy as you want. You can choose to use as much or as little of whatever green energy you prefer. If you decide to build a home using solar power, then there is really nothing stopping your house from getting built on as many acres of land as you like.
As long as there is enough sun to absorb the energy needed to power all the appliances in the house, then you will be as eco-friendly as you choose to be.
What about the environmental aspect of shipping container homes?
As most people know, the average container house tends to end up with a very long life when it is left on the shores of one of the many lakes that are in the area.
Because of the materials used to build shipping containers, and because the containers themselves can take decades to rattle and rust, you have to assume that any house made of them will quickly rattle and rust in an emergency. You will not be able to build any kind of traditional home for that matter on such a foundation.
This means that if you do end up in an emergency, it is not as if you can dig a hole and build a house any time you please. In fact, it will almost be impossible, if not impossible, to have a permanent home built on that basis. You will need to find some way to make temporary lodgings for yourself, and that means living in shipping containers.
If you need an answer to your question of whether or not shipping container homes are right for you, the best answer will be this: most people would be happy to buy one, if they could. The fact that they cost so much less than modular homes is only a bonus, because prefabricated homes offer much more in terms of functionality, design, and durability than their modular counterparts.
Shipping container homes are an attractive alternative for a lot of people, but only if they are able to find one that fits their needs and costs less than the alternative.
Trends and Opportunities in Container Homes
With the recent economic stimulus package in the United States, there have been various measures taken to stimulate the economy. One of the key developments has been the creation of the National Association of Home Builders or the NAHB.
The association has developed and promotes a variety of strategies that it says will help home builders. One of these strategies is providing technical assistance to various companies that provide container homes. There are a variety of loan programs that can be offered to different home builders depending on their ability to show proof of experience with such home investments.
There are several companies that provide services that enable individuals to rent or buy homes developed using old containers. There are many different segments available. Some of these include apartments, townhouses and high-end condos. These types of segments require smaller amounts of land.
The European and North American markets are both characterized by attractive landscapes. There are various regions across both regions that have distinct climates. Many of these regions offer unique characteristics, such as: beautiful landscapes, diverse landscapes, lakes and rivers, historical sites and so much more.
This is why investors who look for homes in various regions should be aware of what type of homes they are looking for and how to differentiate one region from another.
Also Read : The Cost of Building a Shipping Container Home
Also Read : Shipping Container Homes Comes With Many Benefits
Also Read : A Deep Insight into Shipping Container Houses
