Exclusive Report on Global Swimming Pool Construction Industry: Global and Regional Analysis with Forecast till 2028, Business Opportunities, Post COVID Scenario

The global Swimming Pool Construction market size was valued at $5.70 Billion in 2020 and is expected to reach $7.57 Billion by 2028 growing at the CAGR of 3.42% from 2021 to 2028.

There's been a sharp rise in the number of people with various diseases and health problems. This has caused a heightened degree of awareness when it comes to regular exercise, boosting one's immune system, and living a healthy life. The heightened degree of awareness about the importance of regular exercise has led to competitive pricing in the healthcare business industry including the construction of new gyms that consist of swimming pools along with the renovation of old gyms that are made more accessible to the general public allowing them to swim in them once again on demand.

In addition, there has been a rise in tourism worldwide which created an increased need for luxurious hotels with swimming pools included in their features as well as rented bungalows equipped with swimming pools for private leasing purposes. This subsequently led to the construction of full-size swimming pools being built in rented residential bungalows all over the country.

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Key Players

Some of the major Swimming Pool Construction players holding high market share include Aloha Pools Ltd, Aquamarine Pools, and Concord Pools and Spas. These players use partnership and expansion as a key strategy to gain significant market share to compete with market leaders.

The key players profiled in the report are:
● Aloha Pools Ltd
● Aquamarine Pools
● Concord Pools and Spas
● Leisure Pools
● Millennium Pools Pvt. Ltd
● Myrtha Pools
● Natare Corporation
● Platinum Pools
● Presidential Pools
● Spas & Patio

The recently published research report on Global Swimming Pool Construction Market by Evolve Business Intelligence examines the industry in the context of major market aspects including market size & forecast, market shares in terms of revenues and volume, key players, and SWOT analysis. The market is analyzed based on 4 separate indications in the market dynamic chapter: Drivers, Restraints, Key Trends, and Challenges. The total sum of these sections will help you understand what strategies will be best to adopt in order to prosper through this industry over a few short years. The quantitative analysis includes our actual findings out of this research study where we provided additional insight into what our readers can do to embrace new opportunities or plan against threats that might hinder the market.

The COVID-19 pandemic has led to disruption in the supply chain leading to lower demand or supply shortages in the Swimming Pool Construction market. The travel restrictions and social-distancing measures have resulted in a sharp drop in consumer and business spending and this pattern is expected to continue for some time. The end-user trend and preferences have changed due to the pandemic and have resulted in manufacturers, developers, and service providers adopting various strategies to stabilize the company.

The New Normal

As businesses recover from the COVID-19 pandemic, they have a new set of priorities to cope with. Throughout this crisis, they were forced to deal with shifting situations and often fell short of their ultimate goals. Now that a cure has been found and the pandemic is dying down, they will need to recuperate from this epidemic by setting forth new objectives to succeed in the future.

In terms of COVID 19 impact, the Swimming Pool Construction market report also includes the following data points:
● COVID19 Impact on Swimming Pool Construction market size
● End-User/Industry/Application Trend, and Preferences
● Government Policies/Regulatory Framework
● Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
● Opportunity in Swimming Pool Construction market

Segmental Analysis

Market Segment By Material with focus on market share, consumption trend, and growth rate of Swimming Pool Construction Market:
o Concrete
o Fiberglass
o Vinyl Liner
o Steel Frame

Market Segment By Construction Type with the focus on market share, consumption trend, and growth rate of Swimming Pool Construction Market:
o Above-ground
o In-ground

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Key Region/ Countries Covered
● North America (US, Canada, Mexico)
● Europe (Germany, U.K., France, Italy, Russia, Rest of Europe)
● Asia-Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
● Rest of the World (the Middle East & Africa and South America)

North America is the region of the world that hosts the most households with pools. This is because there are many states within North America that have always been regarded as being warm enough for year-round pool use. The region's governments have also put more money towards swimming pool safety initiatives, which has caused a big spike in new construction activity over recent years. Growth in this region is highly likely to continue seeing as North American government bodies have continued to set aside more funding every season so as to improve local swimmer safety skills and ensure cool receptions at aquatic landmarks.

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