Swimming Pool Market Size to grow by USD 7436.3 million between 2024-2028
According to a research report “ Swimming Pool Market” by Revenue (Construction, Equipment) End-user (Residential, Commercial) Geography (North America, Europe, APAC, South America, Middle East and Africa)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 7436.3 million, at a CAGR of 4.64% during the forecast period. The global swimming pool market is experiencing robust growth due to the rising demand for luxurious living experiences. As affluence and disposable income expand across various geographies, consumers are increasingly seeking exclusive, comfortable, and leisurely residential experiences. A private swimming pool is a quintessential symbol of luxury and opulence, aligning perfectly with these desirable attributes. With a focus on enhancing quality of life and creating memorable experiences at home, the demand for private swimming pools has surged significantly..
Browse market data tables, figures, and in-depth TOC on “Swimming Pool Market” by Revenue (Construction, Equipment) End-user (Residential, Commercial) Geography (North America, Europe, APAC, South America, Middle East and Africa) Global Forecast to 2028. Download Free Sample
By Revenue, the Construction segment is projected to dominate the market size in 2024
The construction segment, a significant contributor to the global swimming pool market, experiences robust growth and activity. This segment comprises the planning, design, and physical build of various swimming pool types for both residential and commercial clients. In the residential sector, homeowners aim to elevate property value and lifestyle by integrating customized pool designs into their outdoor areas. Collaboration with homeowners involves catering to their preferences in size, shape, water features, lighting, and landscaping. Current trends lean towards multifunctional pools that serve as recreational focal points and aesthetic enhancements for outdoor living spaces.
By End-user, Residential segment is expected to hold the largest market size for the year 2024
The residential segment of the global swimming pool market represents homeowners with swimming pools in their personal residences. This sector is experiencing substantial expansion due to multiple reasons. Primarily, the rising disposable income and evolving lifestyle choices of homeowners have fueled a strong demand for leisure and recreational facilities. Swimming pools have transitioned from being considered luxurious items to essential features that enhance the value of residential properties. Furthermore, the increasing consciousness towards health and fitness has significantly contributed to the popularity of residential swimming pools as an effective means to promote well-being and relaxation within one's premises.
North America is forecasted to hold the largest market size by region in 2024
The Swimming Pool Market represents a significant business opportunity, driven by increasing health consciousness and the desire for leisure activities. Market growth is fueled by factors such as rising disposable income, urbanization, and technological advancements. Key players are focusing on product innovation and expansion into emerging markets to capitalize on this trend. The market is expected to experience robust growth in the coming years.
The Swimming Pool Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:
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Research Analysis Overview
The swimming pool market is experiencing unprecedented growth, driven by the desire for better lifestyle amenities in both residential and commercial sectors. Companies like Pleatco, SunRunner Pool, Pentair, Aladdin Equipment, Therm Products, Confer Plastics, Valterra Products, Hayward Pool, Finish Thompson, Intex Recreation, and others are leading this industry. In the luxurious residential segment, companies offer high-end swimming pool solutions using raw materials like concrete, fiberglass, metal, galvanized steel, and PVC plastic. Brands like Pleatco and Hayward Pool provide filtration systems, while SunRunner Pool and Finish Thompson offer pool covers and heating solutions. The economic slowdown has not affected the swimming pool market significantly due to its association with infrastructure construction and urbanization. Commercial pools in hotels, wellness centers, and residential structures continue to dominate the market. Companies like Pentair, Valterra Products, and Aladdin Equipment cater to this segment with their innovative pool solutions. Moreover, the use of advanced materials like polyurethane foam in pool construction and maintenance is a growing trend. Brands like Therm Products and Confer Plastics are at the forefront of this technology. Overall, the swimming pool market is expected to maintain its dominant position in the coming years.
Market Research Overview
The Swimming Pool market is witnessing unprecedented growth due to the increasing demand for adventure facilities and relaxation in both public and commercial sectors. Public Swimming Pools are being upgraded, refurbished, and remodeled to offer customization ability and improved hygiene. Inground pools, such as steel-reinforced concrete, Shotcrete, Vinyl Liner, and Fiberglass, are popular choices. The commercial sector, including luxury hotels, resorts, and apartments, is investing heavily in swimming pools as a lucrative amenity. Premium resorts and villas offer private pools, while rooftop pools on luxury hotels provide a natural feel and a stunning view. Spas, wellness travels, and adventure activities are also driving the demand for swimming pools. The economic independence of property developers and the rising income of consumers have made swimming pools an attractive amenity in residential projects. Swimming pools are no longer just a luxury but a necessity for a better lifestyle. The market for swimming pools is diverse, catering to various sectors, including military personnel, scuba divers, and athletes, with training pools and specialized designs. Heating technology, hot baths, hydrotherapy, and spa baths are also gaining popularity. The downstream demand for swimming pools is increasing, with equipment and component manufacturers, such as Pleatco, SunRunner Pool, Pentair, Aladdin Equipment, Therm Products, Confer Plastics, Valterra Products, Hayward Pool, Finish Thompson, Intex Recreation, and others, experiencing growth. The market for swimming pools is expected to continue its upward trend, driven by infrastructure construction, urbanization, and the increasing popularity of swimming as a leisure activity.
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