Explore The Top 10 Housing Industry Trends (2025): Leading Companies, Key Stats, Revenue, Investment and Essential Insights
RELEASE DATE: Aug 2024 Author: Spherical Insights Request Free Sample
Overview
Housing defines the industry or portion of the market concerning homes and property. This includes different facets of the housing market. The market is projected to experience a robust growth rate due to an increasing population and the need for more personal living space. In 2021, the commercial real estate sector was believed to be the primary factor propelling industry growth.
Competitive Landscape
The worldwide housing industry is defined by a combination of veteran participants and fresh participants, with leading corporations paying more attention to the sector's expansion and changing patterns. In order to retain their market share, these main players are expanding the range of services they offer. In December 2021, Coldwell Banker launched the "Franchise and Capitalize" program to aid the growth of the housing industry in Egypt. In the same way, Simon Property Group introduced a new brand campaign named "More Choices" at Simon malls in September 2021, showcasing the wide range of products available to draw in shoppers. Key players in the international housing industry consist of Godrej Properties Limited Inc., ATC IP LLC, Prologis, Inc., Simon Property Group, Coldwell Banker, RE/MAX, LLC, and Keller Williams Realty, Inc. These firms are leading the way in the industry's development by adjusting to emerging trends and broadening their range of services to meet shifting market needs.
India's Global Housing Technology Challenge: Accelerating Affordable Housing with Sustainable Solutions Amid Regional Market Growth
Indian Government Initiates Global Housing Technology Challenge to Find International Solutions for Affordable Housing India's goal under the Housing for All Scheme is to deliver 20 million budget-friendly homes to its urban poor by 2022 by incorporating resource-efficient and sustainable technologies. Furthermore, in 2021, Asia Pacific was the leading market with a share of 51.2%. The increase is largely due to the higher rates of people owning homes in the area. China is believed to hold the highest position in the region with a share of more than 63.5%. The increasing number of visitors in emerging nations like India, the Philippines, Indonesia, Thailand, and Vietnam is also predicted to boost market expansion in the area. The Middle East & Africa region is projected to experience a compound annual growth rate (CAGR) of 6.23% between 2022 and 2030. The increase is mainly due to the growing amount of housing and business developments in the nation. As an example, as per the Middle East Construction Pipeline Trend Report in Q3 2021, there are 545 hotel projects comprising 168,042 rooms. Furthermore, Durrat Marina made a deal with Tamcoon in July 2021 to construct 18 residential villas in Bahrain.
The report provides a summary of the global top trends and future prospects for the global housing market based on historical data sets (current trends, industry statistics, and emerging trends shaping the housing industry’s future, preliminary estimates from 2020-2021, 2022, and 2023), as well as projections for the global housing trends and future prospects for global regions in 2024 and 2025. This data-driven research offers users an industry-wide view of emerging technologies and innovative insights to help them make critical business decisions.
Growth Factors and Emerging Trends in the Housing Market
- A sharp increase in demand for building industrial and commercial infrastructure is a key driver of industry growth.
Additionally, the growth of purchasing power parity (PPP) is expected to increase among countries like India and China, which will contribute to the industry's expansion. Additionally, the surge in housing demand is driving the advancement of the industry. Changes in population and consumption patterns are influencing housing decisions and market needs. The change is highly noticeable as millennials and generation Z drive the need for city settings with a focus on walkability, amenities, and a sense of community.
Opportunities and Future Prospects in the Housing Market
Sustainable and Green Building Initiatives.
The move towards sustainability worldwide has created notable prospects in the real estate industry, especially in Sustainable and Green Building Projects. These efforts concentrate on creating eco-friendly structures that limit resource usage, lower carbon footprints, and improve the health and well-being of occupants. According to a study from the World Green Building Council, green buildings have the potential to lower energy usage by 30% and decrease water usage by 50%. Additionally, countries all over the world are encouraging eco-friendly building projects by offering tax breaks, financial support, and certification schemes such as LEED (Leadership in Energy and Environmental Design), which are motivating developers and investors to embrace sustainable practices. Additionally, there is a growing trend in consumer interest in sustainable living and working environments, which is impacting the market's dynamics. Developers are incorporating new technologies and environmentally friendly practices into their projects in order to align with changing expectations. This trend is in line with worldwide climate targets while also increasing property value and market competitiveness. With sustainability remaining a key concern for stakeholders in various sectors, the Green Building industry offers substantial growth prospects in the worldwide real estate market.
List of Key Companies in the Housing Market
- Godrej Properties Limited Inc.
- ATC IP LLC.
- Prologis, Inc.
- SIMON PROPERTY GROUP, L.P.
- Coldwell Banker
- RE/MAX, LLC.
- Keller Williams Realty, Inc.
- CBRE Group, Inc.
- Sotheby’s International Realty Affiliates LLC.
- Colliers
- Others
Top 5 Key Players Profile in the Housing Market
1. GODREJ PROPERTIES LIMITED
Headquarters: Mumbai, Maharashtra
Godrej Properties Limited, a prominent real estate developer in India, is a part of the Godrej Group. Established in 1990, the company specializes in residential, commercial, and township projects in key Indian urban centers. Godrej Properties is recognized for its dedication to excellence and sustainability, utilizing advanced technology and design to offer top-notch projects. The company has a variety of residential and commercial properties in its portfolio, along with significant projects, establishing its importance in the Indian real estate industry.
2. PROLOGIS, INC.
Headquarters: San Francisco, California, United States
Prologis, Inc. is a worldwide expert in logistics real estate, focusing on building, purchasing, and overseeing industrial properties. Established in 1983 and based in San Francisco, Prologis functions in strategic locations throughout the Americas, Europe, and Asia, offering top-notch warehouses and distribution facilities. The company owns millions of square feet of top logistics space, strategically placed to support effective supply chain and distribution operations. Prologis is well-known for its dedication to sustainability, creativity, and customer-focused solutions, shaping the future of industrial real estate and meeting the increasing needs of e-commerce and global trade.
3. SIMON PROPERTY GROUP, L.P.
Headquarters: Indianapolis, Indiana, United States
Simon Property Group, L.P. is a top international REIT focused on retail real estate with its main office in Indianapolis, Indiana. Founded in 1993, the company focuses on owning, developing, and operating top-notch shopping, dining, and entertainment sites. Simon Property Group has a varied collection of top-notch properties, such as regional malls, premium outlets, and mixed-use developments, spread throughout North America, Europe, and Asia. Renowned for strategic investments and creative property management, Simon Property Group is a prominent figure in the retail real estate industry, dedicated to improving the consumer experience and adding value for its stakeholders.
4. COLDWELL BANKER
Headquarters: Madison, New Jersey, United States
Established in 1906, Coldwell Banker is among the real estate industry's oldest and most well-known brands. Based in Madison, New Jersey, the company functions as an international real estate franchise, with a wide-reaching network of offices and agents spanning North America and worldwide. Coldwell Banker is well-known for its wide range of real estate services, such as handling residential, commercial, and luxury property deals. The brand is renowned for its dedication to utilizing technology, delivering outstanding customer service, and upholding a solid reputation for professionalism and reliability in the real estate sector.
5. RE/MAX
Headquarters: Denver, Colorado, United States
Established in 1973 and based in Denver, Colorado, RE/MAX is a prominent worldwide real estate network known for its wide-reaching franchise structure and top-performing agents. RE/MAX has a global presence in more than 100 countries, functioning through a large network of independently owned and operated offices that provide various real estate services such as residential, commercial, and luxury properties. The company stands out by focusing on empowering agents with the necessary tools, training, and support to provide exceptional client service. RE/MAX is famous for its distinctive red, white, and blue balloons and is recognized for being innovative, professional, and prioritizing clients in the real estate sector.
Recent Developments
- In June 2024, The Realty Conclave and Awards, celebrating excellence in the Indian real estate market, was hosted by The Times Network in partnership with NAREDCO. This event celebrated outstanding achievers and emphasized current trends in the sector, demonstrating India's increasing importance in the worldwide real estate market.
- In March 2024, Mahindra Lifespaces, the real estate and infrastructure development division of the Mahindra Group, finalized the purchase of a 9.4-acre plot of land in Whitefield, Bengaluru. The plot of land has a potential floor space index (FSI) of around 1.2 million sq ft, with an estimated Gross Development Value (GDV) of INR 1700 crore (USD 20.39 million). The main emphasis is on mid-premium residential apartments in the development. Mahindra Lifespaces intends to begin the first phase of the project within a year.
- In May 2024, Indiabulls Real Estate, a significant figure in the Indian real estate sector, purchased numerous housing projects from Embassy Property Developments in Bengaluru and Chennai. This strategic decision enhances Indiabulls' position in the expanding real estate market of South India and is in accordance with the company's growth objectives.
- In May 2022, American Tower Corporation, a real estate company from the US, became a member of UNGC and pledged to address human rights, labor laws, anti-corruption, and environmental sustainability during the meeting. Additionally, they embraced the empowerment principle to promote gender equality and women's empowerment in the community and workplace.
About the Spherical Insights & Consulting
Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.
Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
CONTACT US:
For More Information on Your Target Market, Please Contact Us Below:
Phone: +1 303 800 4326 (the U.S.)
Phone: +91 90289 24100 (APAC)
Email: inquiry@sphericalinsights.com, sales@sphericalinsights.com
Contact Us: https://www.sphericalinsights.com/contact-us