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Swimming Pool Global Market Report 2024 - By Size, Share, Growth, Trends, Forecast To 2033
Swimming Pool
The Business Research Company offers in-depth market insights through Swimming Pool Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The swimming pool market size has grown marginally in recent years. It will grow from $3.51 billion in 2023 to $3.55 billion in 2024 at a compound annual growth rate (CAGR) of 1.0%. The growth in the historic period can be attributed to real estate development, leisure and recreation trends, luxury and lifestyle preferences, wellness and health awareness, hospitality industry growth.
The swimming pool market size is expected to see marginal growth in the next few years. It will grow to $3.79 billion in 2028 at a compound annual growth rate (CAGR) of 1.7%. The growth in the forecast period can be attributed to continued real estate demand, wellness and fitness focus, urbanization and population growth, outdoor living spaces, tourism and hospitality expansion. Major trends in the forecast period include rise of natural and organic pool maintenance products, introduction of compact and space-efficient pool designs, focus on health and wellness features in pool design, collaborations for sustainable pool construction practices, increased use of alternative pool water sources.
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Market Segmentation:
The swimming pool market covered in this report is segmented -
1) By Type: Competition Pool, Recreational Swimming Pool, Children's Swimming Pool, Private Swimming Pool, Relaxation Pool
2) By Material: Fiberglass, Metal, Plastic
3) By Grade: Ordinary Swimming Pool, Eated Swimming Pool
4) By Construction: On Or Above Ground, In - Ground
5) By End User: Residential, Commercial Swimming Pool, Public Swimming Pool
Major Driver - Surging Urbanization Drives Growth In The Swimming Pool Market
The increasing urbanization is expected to propel the growth of the swimming pool market going forward. Urbanization refers to the people shifting towards urban areas from the rural areas. People in urban areas are becoming more interested in swimming for fitness and recreational activities, increasing the number of the swimming pool. For instance, according to the United Nations Department of Economic and Social Affairs report, the world population living in urban areas is expected to reach 68% by 2050. Therefore, the rising urban population drives the growth of the swimming pool market.
Competitive Landscape:
Major companies operating in the swimming pool market report are Nidec Motor Corporation, Pentair PLC, Laswin Pool Products, Hayward Pool Products Inc., Premier Pools and Spas, Intex Corp, Waterco Group, Therm Products LLC, Presidential Pools and Spas LLC, Finish Thompson Inc., Guangdong LASWIM Water Environment Equipment Co Ltd., Pleatco LLC, Concord Pools & Spas, Swimlime Inc., Valterra Products, Morehead Pools, Riverbend Sandler Pools, Albixon A.S., Aladdin Equipment Co, Val-Pak Products, Good Clean Fun LLC, Rola-Chem LLC, Jetform Swimming Pool Company, Cody Pools Inc., All Seasons Pools & Spas Inc., H.C. Harrington CoInc., Confer Plastics Inc., Compass Ceramic Pools, Carvin Pool Tool Company, Aiken Swimming Pool Company
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Top Trend - Strategic Partnerships Reshaping The Swimming Pool Market
Major companies operating in the swimming pool market are adopting a strategic partnership approach to resolve pain points related to wave pool construction. Strategic partnerships refer to a process in which companies leverage each other's strengths and resources to achieve mutual benefits and success. For instance, in June 2022, Endless Surf, a US-based amusement park, announced a partnership with Myrtha Pools, a US-based commercial swimming pool construction company, to address many of the main issues that surf park developers confront while establishing and running their surf lagoons. Under the new agreement, Endless Surf projects will be the only ones with access to cutting-edge stainless steel pool technology from Myrtha Pools. This new partnership among two organizations with over 100 years of combined expertise in the aquatic entertainment market promises to remove the issues that developers confront.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Swimming Pool Market Characteristics
3. Swimming Pool Market Trends And Strategies
4. Swimming Pool Market - Macro Economic Scenario
5. Swimming Pool Market Size And Growth
…..
27. Swimming Pool Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.
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