The global temporary shelters market size is expected to grow from $43.19 billion in 2021 to $48.07 billion in 2022 at a compound annual growth rate (CAGR) of 11.3%. The growth in the market is mainly due to the companies rearranging their operations and 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 temporary shelters market is expected to reach $69.07 billion in 2026 at a CAGR of 9.5%.
What is the Global Temporary Shelters Market?
The temporary shelters market consists of the revenues generated by providing temporary shelter services and related goods by entities (organizations, sole traders and partnerships) that provide short-term shelter for victims of domestic violence, sexual assault or child abuse, homeless, runaway youth, and patients and families caught in medical crisis. These establishments may operate through their own shelters or may subsidize housing using existing homes, apartments, hotels, or motels. Only goods and services traded between entities or sold to end consumers are included.
Get a Sample of the global temporary shelters market report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=3515&&type=smp
What drives the Global Temporary Shelters Market?
The increase in government funds for temporary housing contributed to the growth of the market. For instance, the federal government of Canada announced plans to give $15 million for temporary housing in Toronto. These funds will be utilized to solve capacity issues at local shelters and respite centers. In June 2020, $11 million were funded by the government to the city to cover similar expenses. Government funds are one of the many sources of income for temporary shelters and an increase in the funds from the government will, therefore, boost the temporary shelters market.
Get the full global temporary shelters industry report here:
https://www.thebusinessresearchcompany.com/report/temporary-shelters-global-market-report
Global Temporary Shelters Market Segments
The global temporary shelters market is segmented:
By Type: Homeless Shelter, Emergency Shelter
By Size: Small, Medium, Large
By Application: Personnel, Vehicle Mounted, Medical Facility Base, Aircraft Base, Command Post, Others
By Geography: The regions covered in the temporary shelters market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Temporary Shelters Global Market Report 2022provides market size and growth forecasts for the global temporary shelters market, global temporary shelters market share, temporary shelters market segments and geographies, temporary shelters market competitive landscape including leading competitors’ revenues, profiles and market shares. The temporary shelters market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Global Temporary Shelters Industry Playersinclude The American Red Cross, The Salvation Army, UNICEF, The Emergency Food and Shelter Program, ShelterBox, National Alliance to End Homlessness, The National Coalition for the Homeless, and Covenant House. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.
