The Swimming Pool Cover Market is being driven by Increasing number of swimming pools
The Swimming Pool Cover Market is expected to grow at a CAGR of 4.9% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 483 million. In the dynamic swimming pool cover market, smart pool covers represent a burgeoning trend. These advanced covers are engineered to interface with smart home systems, enabling homeowners to manage pool cover operations via mobile applications or voice commands. Smart pool covers offer the convenience of automatic opening and closing based on preset temperature or weather conditions. Notable market players, such as C4G Automation Pvt. Ltd, provide motorized pool enclosures, which can be remotely controlled through mobile apps, contributing to the growing demand for these innovative pool cover solutions.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
203 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4.9% |
Market growth 2025-2029 |
USD 483 million |
Market structure |
market_structure.ucfirst |
YoY growth 2024-2025(%) |
4.7 |
Key countries |
US, France, Spain, China, Germany, Canada, Japan, India, South Korea, and UK |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Swimming Pool Cover market is experiencing significant growth, particularly in luxury real estate and residential homes, driven by the pool market and infrastructure construction in the construction sector. These covers, made from materials like PVC plastic, galvanized steel, fiberglass, concrete, and polyurethane foam, contribute to water conservation and energy efficiency. Urbanization and the rise of hotels have increased demand for swimming pools and advanced pool technology, leading to the integration of smart automation, water conservation solutions, and user experience enhancements. Safety, environmental responsibility, and customer interest further fuel the market's expansion. Crude oil prices and wellness therapies also influence the market, as some covers are made from oil-derived materials and covers can help maintain warm water for therapeutic uses.
The Swimming Pool Cover market is a significant segment of the global Housewares and Specialties market, which encompasses various product categories, including cookware, bakeware, tableware, kitchen electrics, and leisure products. This market's size is determined by the consolidated revenues of manufacturers in sectors such as consumer electronics, homebuilding, household appliances, housewares and specialties, and leisure products. In the context of the Housewares and Specialties sector, growth is attributed to several factors. One such factor is the increasing demand for swimming pool covers in luxury real estate and residential homes, driven by water conservation concerns and the construction sector's expansion. Additionally, market trends indicate a preference for lap pools, further boosting the demand for swimming pool covers. Another factor fueling market growth is the introduction of swimming pool covers with innovative designs and enhanced functionality, catering to consumers' evolving needs and preferences.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
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