Pool Float Market: Future Innovation Strategies, Growth & Profit Analysis, Forecast by 2028

Pool Float Market Overview

Pool floats’ wide popularity among children and young adults has aided in its rising sales in the market. The growing involvement of outdoor activities is the major reason for the growth of the pool float market.

The market is characterized by the presence of many pool float manufacturers, who are constantly competing to increase their revenue share. The pool float market is highly competitive. Pool float vendors are mainly competing on the basis of factors, such as service portfolio, type of activities, product pricing and safety measures.

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To improve the revenue share and enhance the existing product portfolio, manufacturers are investing in branding, designing and expanding existing products and services. The pool float market is expected to grow substantially during the forecast period.

Pool Float Market Dynamics

The rise of recreational activities is the major driver that is forwarding the pool float market. Pool side vacations in Asiatic countries demand the use of pool floats.

With the immense growth opportunities in the tourism industry, amusement park operators have started to include water parks and water sports within their service line, which has resulted in the increased demand for pool floats. Moreover, pool floats are easy to transport and store when deflated, making it the most popular transported items during vacation.

Such aforementioned reasons is expected to lead the pool float market during the forecast period, 2019 to 2029. However, the increased counterfeiting of products of major vendors and the overall safety issues in pools are the reasons hindering the global pool float market.

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Pool Float Market Segmentation

The pool float market can be segmented on the basis of occupancy, application, user-type, material and sales channel.

On the basis of occupancy, the pool float market can be segmented into:

Single Person
Two Persons
Party Pool Floats
On the basis of application, the pool float market can be segmented into:

Pool Sitting
Pool Fun
Pool Relaxation
Others
On the basis of user type, the pool float market can be segmented into:

Adults
Kids
Babies
On the basis of material, the pool float market can be segmented into:

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Foam
Plastic
On the basis of sales channel, the pool float market can be segmented into:

Hypermarkets / Supermarkets
Specialty Stores
Online
Third Party
Company Website
Others
Pool Float Market Regional Overview

Due to the presence of a large number theme-based park in North America including parks from vendors such as Cedar Fair Entertainment, Seaworld Parks and Walt Disney Parks & Resorts, this region holds the maximum market share in the pool float market.

Moreover, the U.S consists of the largest number of swimming pools in apartments and individual houses where the use of pool floats are much required.

The burgeoning popularity of swimming as a sport and poolside refreshment in emerging economies, such as India and China, is promoting the pool float market to grow. Moreover, accelerating urbanization and growth of the tourism industry is increasing the sales of pool float in the Asia Pacific region.

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Pool Float Market Key Players

The pool float market is characterized by the presence of a large number of regional companies offering a variety of products. The companies device various strategies, such as offering cheap and valuable pool float products to suit every need.

Some of the key players in the Pool Float market are: Happy Inflatable Co., Ltd, Frontgate, Iocean, Intex Recreation Corporation, Funboy, Big Mouth Inc, Arshiner, Bestway, Poolmaster, Inc., Kangaroo Manufacturing and GoFloats.

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This release was published on openPR.