Alternative Living

Modern homes for alternative lifestyles

Overview

Alternative living refers to lifestyles that differ from conventional living arrangements such as communal living, tiny homes, and homes specially designed to withstand natural disasters. These new ways of living have emerged due to several reasons like flexibility, sustainability, financial limitations, evolving lifestyles, a desire for simplicity, and minimalism, as well as rising environmental concerns.   

Along with companies that provide these living arrangements, there are also those that provide supportive solutions which are integrated into these homes such as multipurpose furniture, smart storage solutions, sleep pods, etc. These innovations enhance these new ways of living and provide added comfort for occupants, enabling them to live fully within their chosen lifestyles.

Note: Additional sections (market sizing, detailed overview, incumbents, etc.) can be provided on request.

The Disruptors


Funding History

Notable Investors


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Industry scope 

Companies in this industry focus on the following:
  1. Constructing tiny or micro homes, often with reduced building/assembly times with added eco-friendly elements.
  2. Constructing mobile, tiny, or micro homes that can be attached to a vehicle to be transported. 
  3. Providing communal-living (co-living) spaces with separate or shared living spaces.
  4. Functioning on an owner-operator model or as a third-party platform to provide fully furnished apartments/houses for rent as a "ready-to-live" service for customers either on a month-to-month basis or shorter/longer stays as decided by the customer. 
  5. Developing housing that is designed to withstand and mitigate the impact of natural disasters such as earthquakes, hurricanes, floods, wildfires, and tornadoes using resilient building materials or special features.
  6. Developing solutions that support alternative living styles with solutions such as multipurpose and maneuverable furniture, modular sleeping pods, smart motorized storage solutions, etc.
However, we exclude the following areas when selecting companies for this industry:
  1. Companies that provide rapidly deployable shelters/housing for post-disaster response as the focus is not on alternative living styles, but on providing temporary shelters for those affected.
  2. Companies that provide supportive solutions relating to renewable energy in the form of home energy storage solutions and solar panels as these are covered under the Alternative Energy hub. 
  3. Companies that develop Accessory Dwelling Units (ADUs) as this is covered under the Prefab Tech hub.
  4. Companies that develop prefabricated buildings without a focus on tiny homes as this is covered under the Prefab Tech hub.
Currently, we do not actively cover this industry, but we have identified it as a potential industry to add to our coverage. For the list of industries in our coverage, please visit https://sp-edge.com/industries.
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