Insights Into The Temporary Shelters Market’s Growth Opportunities Through 2023-2032 – Includes Temporary Shelters Market Share
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The increase in government funds for temporary housing are expected to drive innovation in temporary shelters manufacturing, thus driving the market during the forecast period.
The global temporary shelters market is expected to grow from $43.05 billion in 2022 to $45.35 billion in 2023 at a compound annual growth rate (CAGR) of 5.3%. The global temporary shelters market size is expected to grow to $54.19 billion in 2027 at a CAGR of 4.6%.
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Global Temporary Shelters Market Segments Include:
- By Type: Homeless Shelter, Emergency Shelter
- By Size: Small, Medium, Large
- By Application: Personnel, Vehicle Mounted, Medical Facility Base, Aircraft Base, Command Post, Other Applications
- By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Western Europe is the largest region in the global temporary shelters market in 2021.
Major Market Players in the temporary shelters market include The American Red Cross, The Salvation Army, UNICEF, The Emergency Food and Shelter Program, ShelterBox, National Alliance to End Homlessness.
Strategic partnerships are a key trend gaining popularity in the temporary shelters market. Major players are entering into partnership to expand their market and leverage each other’s resources. For example, in July 2022, New York City, a nonprofit organization of New York, teamed up with Eric Leroy Adams, an American politician and retired police captain serving as the 110th mayor of New York City, to dedicate more than $8 million to help New Yorkers living on the street and who suffer from mental illnesses with the goal of getting them into housing and treatment programs. Also, in January 2020, Amazon, a US based online retail company, entered into a long-term partnership with Mary’s Place, a nonprofit organization in the USA, to open a homeless shelter inside its Seattle headquarters. The shelter home, which offered individual, private rooms for families, can accommodate 275 people each night.
The Temporary Shelters Global Market Report 2023 provides a temporary shelters market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The temporary shelters market forecast analyzes temporary shelters market size, temporary shelters market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
A temporary shelter is a temporary structure that protects a person experiencing homelessness. Temporary shelters help homeless to build their way back to a normal life. Many of these shelters are site and consumer-specific which creates a customized way of living.
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