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LONDON, GREATER LONDON, UK, October 19, 2023 /EINPresswire.com/ — The “Affordable Housing Global Market Report 2023” by The Business Research Company provides an in-depth analysis of the affordable housing market, forecasting a substantial growth to reach $67.17 billion by 2027, with an expected CAGR of 5.5%.
The growth in the affordable housing market is primarily attributed to the easy availability of home loans, and it is anticipated that the North American region will hold the largest market share. Key players in affordable housing market include Skanska AB, The Related Group, KEC International Limited, L&T Construction, Volunteers of America, and Shapoorji Pallonji & Company Private Limited.
Learn More On The Affordable Housing Market By Requesting A Free Sample (Includes Graphs And Tables):
Emerging Affordable Housing Market Trend
One of the key trends in the affordable housing market is the focus on technological advancements, with major companies emphasizing the development of innovative and technologically advanced affordable housing solutions to strengthen their market presence.
Affordable Housing Market Segments
• By Providers: Private Builders, Government, Public-private Partnership
• By Size of Unit: Upto 400 square feet, 400-800 square feet, Above 800 square feet
• By Location: Urban, Rural
• By Income Categories: Economically Weaker Sections (EWS), Middle Income Group (MIG), Lower Income Group (LIG)
• By Population: Slum Population, Non-slum population
• By Geography: North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Affordable housing refers to housing units designed for individuals with incomes below the median household income. Its primary objective is to provide safe, reasonable, and economical housing to individuals who require assistance in securing adequate accommodation due to financial constraints.
Affordable Housing Global Market Report 2023 from TBRC covers the following information:
• Market size date for the forecast period: Historical and Future
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Trends, opportunities, strategies and so much more.
The Affordable Housing Global Market Report 2023 by The Business Research Company is the most comprehensive report that provides insights on market size, drivers and trends, major players, competitors’ revenues, market positioning, and market growth across geographies. The affordable housing market report helps you gain in-depth insights on opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.
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