Students And Workers Non-residential Accommodation Global Market Sees Growth Rate Of 32% Through 2022

The global students and workers non-residential accommodation market size is expected to grow from $12.49 billion in 2021 to $16.55 billion in 2022 at a compound annual growth rate (CAGR) of 32.5%. The growth in the students and workers non-residential accommodation 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 students and workers non-residential accommodation market is expected to reach $29.80 billion in 2026 at a CAGR of 15.8%.

What is the Global Students And Workers Non-residential Accommodation Market?

The non-residential accommodation market consists of sales of non-residential accommodation services and related goods by entities (organizations, sole traders and partnerships) that operate rooming and boarding houses and similar facilities, such as off campus dormitories, residential clubs, and workers' camps. These establishments provide temporary or longer-term accommodation, which, for the period of occupancy, may serve as a principal residence. These establishments also provide complementary services, such as housekeeping, meals, and laundry services.

Get a Sample of the global students and workers non-residential accommodation market report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=5484&&type=smp

What drives the Global Students And Workers Non-residential Accommodation Market?

Globalization is expected to pave the way for more joint ventures, foreign investments, global expansion and multi-national companies setting up facilities in high growth regions, thereby allowing restaurant operators to offer their cuisines to customers around the world. Globalization is also making it easier for restaurants to procure exotic ingredients and hence provide more sophisticated and wider variety of dishes to its customers, thereby giving restaurants an opportunity to compete globally. Furthermore, globalization has increased the number of potential vendors for restaurants, lowering the bargaining power of suppliers and thus helping the bottom line. For example, McDonald's produces in many countries and has franchises around the world. It invests and supports initiatives to adapt its products and services to different locales to ensure its global brand. This rise in globalization is likely to boost investments and consequentially drive the market going forward.

Get the full global students and workers non-residential accommodation industry report here:

Global Students And Workers Non-residential Accommodation Market Segments
The global students and workers non-residential accommodation market is segmented:
By Type: Dormitories, Off Campus Establishments, Migrant Workers' Camps
By Price Point: Economy, Mid-Range, Luxury
By Channel: Direct Sales, Distributor
By Mode of Booking: Online Bookings, Direct Bookings, Others
By Geography: The regions covered in the students and workers non-residential accommodation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Among these regions, Western Europe accounts for the largest share in the global students and workers non-residential accommodation market.

Students And Workers Non-residential Accommodation Global Market Report 2022provides market size and growth forecasts for the global students and workers non-residential accommodation market, global students and workers non-residential accommodation market share, students and workers non-residential accommodation market segments and geographies, students and workers non-residential accommodation market competitive landscape including leading competitors’ revenues, profiles and market shares. The students and workers non-residential accommodation market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Global Students And Workers Non-residential Accommodation Industry Playersinclude American Campus Communities, Unite Group PLC, Campus Apartments Inc., Asset Plus Companies, Centurion Corporation, The Preiss Company, Buckingham Companies and Education Realty Trust. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.