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Global Affordable Housing Market to reach USD 76.54 billion by the end of 2029

Global Affordable Housing Market Size study & Forecast, by Sizes (Up to 400 Square Feet, 400-800 Square Feet, Above 800 Square Feet) by Locations (Non-metro, Metro), by Income Categories (EWS, MIG, LIG), by Providers (Private Builders, Government, Public-private Partnership) and Regional Analysis, 2022-2029

Product Code: OIRBC-25709640
Publish Date: 20-03-2023
Page: 200

Global Affordable Housing Market is valued at approximately USD 52.2 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 4.9% over the forecast period 2022-2029. Affordable housing is defined as housing that is inherently affordable for individuals whose income is lower than or equal to the national average for all households. In India, Developments that use at least 60% of the FAR/FSI for dwelling units with carpet areas no more than 60 sq m will be deemed affordable housing projects. a booming industrial and service sector, rapid urbanization, Growing employment rates, significant government backing, emerging economies and a rising working population are all factors in the rise of the affordable housing market.

Around 3.32 billion individuals were employed globally in 2022 compared to 2.28 billion in 1991, an increase of about 1.04 billion persons. Additionally, before 2007, the proportion of the world’s population living in urban regions was always lower than that in rural areas, but by 2021, the rate of urbanization had climbed to about 56%, and by 2050, it is predicted that two-thirds of the world’s population will reside in urban areas. The demand for affordable housing is being driven by the concentration of the majority of the world’s population in emerging economies such as Brazil, China, India, and Eastern European countries. All these elements are fueling this market’s expansion. The Indian government’s initiative to provide housing for everyone by 2023 and increasing government investments in infrastructure is expected to create lucrative opportunities for market growth. However, the effect of Covid-19 on Affordable Housing stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Affordable Housing Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated themarket throughout the projection period, due to its quick industrialization and infrastructure development. Growing collaborations across Europe also suggest that the region’s market for affordable housing is expected to grow with the highest CAGR during the forecast period. For instance, The SHAPE-EU project was initiated by Housing Europe and Single Market Programme of the European Union, Which assist the implementation of lighthouse refurbishment initiatives by Enterprises, public bodies, and affordable housing companies.

Major market player included in this report are:
Dominium Group Inc
Larsen & Toubro Ltd.
WorldHaus Construction Pvt. Ltd.
TATA Projects
Prestige Group
KEC International Limited
Jonathan Rose Companies LLC
LDG Development, LLC
The NRP Group
Pennrose Management Company Inc.
Recent Developments in the Market:
In 2022, The Indian Finance Minister has declared that the Credit Linked Interest Subsidy Scheme will also be extended until 31 March FY2023, amid the COVID-19 pandemic and lockdown situation.
Global Affordable Housing Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Sizes, Locations, Income Categories, Providers, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Sizes offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Sizes:
Up to 400 Square Feet
400-800 Square Feet
Above 800 Square Feet
By Locations:
By Income Categories:
By Providers:
Private Builders
Public-private Partnership

By Region:
North America
Asia Pacific
South Korea
Latin America
Rest of the World

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
1.2.1. Affordable Housing Market, by Region, 2019-2029 (USD Billion)
1.2.2. Affordable Housing Market, by Sizes, 2019-2029 (USD Billion)
1.2.3. Affordable Housing Market, by Locations, 2019-2029 (USD Billion)
1.2.4. Affordable Housing Market, by Income Categories, 2019-2029 (USD Billion)
1.2.5. Affordable Housing Market, by Providers, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Affordable Housing Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Affordable Housing Market Dynamics
3.1. Affordable Housing Market Impact Analysis (2019-2029)
3.1.1. Market Drivers Rising Industrial and Service sector Rapid Urbanization

3.1.2. Market Challenges Negative Impact of Covid-19 Pandemic
3.1.3. Market Opportunities Increasing government investments in Infrastructure Government Schemes offering support
Chapter 4. Global Affordable Housing Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.4. Investment Adoption Model
4.5. Analyst Recommendation & Conclusion
4.6. Top investment opportunity
4.7. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Affordable Housing Market, by Sizes
6.1. Market Snapshot
6.2. Global Affordable Housing Market by Sizes, Performance – Potential Analysis
6.3. Global Affordable Housing Market Estimates & Forecasts by Sizes 2019-2029 (USD Billion)
6.4. Affordable Housing Market, Sub Segment Analysis
6.4.1. Up to 400 Square Feet
6.4.2. 400-800 Square Feet
6.4.3. Above 800 Square Feet
Chapter 7. Global Affordable Housing Market, by Locations
7.1. Market Snapshot
7.2. Global Affordable Housing Market by Locations, Performance – Potential Analysis
7.3. Global Affordable Housing Market Estimates & Forecasts by Locations 2019-2029 (USD Billion)
7.4. Affordable Housing Market, Sub Segment Analysis
7.4.1. Non-metro
7.4.2. Metro
Chapter 8. Global Affordable Housing Market, by Income Categories
8.1. Market Snapshot
8.2. Global Affordable Housing Market by Income Categories, Performance – Potential Analysis
8.3. Global Affordable Housing Market Estimates & Forecasts by Income Categories 2019-2029 (USD Billion)
8.4. Affordable Housing Market, Sub Segment Analysis
8.4.1. EWS
8.4.2. MIG
8.4.3. LIG
Chapter 9. Global Affordable Housing Market, by Providers
9.1. Market Snapshot
9.2. Global Affordable Housing Market by Providers, Performance – Potential Analysis
9.3. Global Affordable Housing Market Estimates & Forecasts by Providers 2019-2029 (USD Billion)
9.4. Affordable Housing Market, Sub Segment Analysis
9.4.1. Private Builders
9.4.2. Government
9.4.3. Public-private Partnership
Chapter 10. Global Affordable Housing Market, Regional Analysis
10.1. Affordable Housing Market, Regional Market Snapshot
10.2. North America Affordable Housing Market
10.2.1. U.S. Affordable Housing Market Sizes breakdown estimates & forecasts, 2019-2029 Locations breakdown estimates & forecasts, 2019-2029 Income Categories breakdown estimates & forecasts, 2019-2029 Providers breakdown estimates & forecasts, 2019-2029
10.2.2. Canada Affordable Housing Market
10.3. Europe Affordable Housing Market Snapshot
10.3.1. U.K. Affordable Housing Market
10.3.2. Germany Affordable Housing Market
10.3.3. France Affordable Housing Market
10.3.4. Spain Affordable Housing Market
10.3.5. Italy Affordable Housing Market
10.3.6. Rest of Europe Affordable Housing Market
10.4. Asia-Pacific Affordable Housing Market Snapshot
10.4.1. China Affordable Housing Market
10.4.2. India Affordable Housing Market
10.4.3. Japan Affordable Housing Market
10.4.4. Australia Affordable Housing Market
10.4.5. South Korea Affordable Housing Market
10.4.6. Rest of Asia Pacific Affordable Housing Market
10.5. Latin America Affordable Housing Market Snapshot
10.5.1. Brazil Affordable Housing Market
10.5.2. Mexico Affordable Housing Market
10.6. Rest of The World Affordable Housing Market

Chapter 11. Competitive Intelligence
11.1. Top Market Strategies
11.2. Company Profiles
11.2.1. Dominium Group Inc. Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
11.2.2. Larsen & Toubro Ltd.
11.2.3. WorldHaus Construction Pvt. Ltd.
11.2.4. TATA Projects
11.2.5. Prestige Group
11.2.6. KEC International Limited
11.2.7. Jonathan Rose Companies LLC
11.2.8. LDG Development, LLC
11.2.9. The NRP Group
11.2.10. Pennrose Management Company Inc.
Chapter 12. Research Process
12.1. Research Process
12.1.1. Data Mining
12.1.2. Analysis
12.1.3. Market Estimation
12.1.4. Validation
12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption

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Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
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