Latest News- Swimming Pool Market: Construction is expected to lead the Revenue segment during 2025-2029
The Swimming Pool Market is being driven by Increasing demand for luxurious lifestyles
The Swimming Pool Market is expected to grow at a CAGR of 4.4% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 7280.1 million. In the tourism industry, there is a growing emphasis on providing superior amenities to attract travelers seeking relaxation and entertainment. Swimming pools, be it indoor or outdoor, have emerged as a key feature in tourist accommodations such as resorts, hotels, and vacation properties. The surge in wellness tourism has significantly increased the demand for swimming pools, as travelers look for destinations offering opportunities for rejuvenation, exercise, and relaxation. Consequently, hotels and resorts are investing heavily in expansive spa complexes, which invariably include swimming pools as a fundamental element. Similarly, cruise ships have recognized this trend and have incorporated swimming pools into their offerings to cater to the evolving preferences of their clientele.
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Which Factors Are Causing a Surge in Market Growth?
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 in Swimming Pool Market Research Report
Market Scope |
|
Report Coverage |
Details |
Page number |
198 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4.4% |
Market growth 2025-2029 |
USD 7280.1 million |
Market structure |
Fragmented |
YoY growth 2024-2025(%) |
4.2 |
Key countries |
Australia, UK, China, Japan, US, Canada, Germany, Italy, Brazil, and France |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Swimming Pool Market is witnessing unprecedented growth, driven by the increasing demand for residential pools and commercial pools in wellness centers, hotels, and urban areas. Raw materials like PVC plastic, galvanized steel, metal, fiberglass, concrete, and polyurethane foam are used in constructing residential structures and commercial pools. Brands like Intex Recreation, Finish Thompson, Hayward Pool, Valterra Products, Confer Plastics, Therm Products, Aladdin Equipment, Pentair, SunRunner Pool, and Pleatco hold a dominant position in this market. The economic slowdown has not affected the luxury residential swimming pool segment significantly. Swimming pools are considered essential amenities for better lifestyle and infrastructure construction.
The Swimming Pool Market is a segment of the global leisure facilities industry, which encompasses companies providing sports and fitness centers, stadiums, golf courses, amusement parks, and swimming pools. According to Technavio, this market's growth is driven by the rise in disposable income, leading to increased demand for residential and commercial pools in sectors like residential structures, hotels, and urbanization. Components include raw materials such as PVC plastic, galvanized steel, metal, fiberglass, concrete, and polyurethane foam. Commercial pools cater to wellness centers, hotels, and public swimming pools, while residential pools serve individual homes. The global leisure facilities market's size is determined by the combined revenue of casinos and gaming, hotels, resorts, and cruise lines, leisure facilities, and restaurants.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
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