Hotel Construction Boom Fuels Surge In Swimming Pool Construction Market: Major Factor in the Transformation of the Swimming Pool Construction Market in 2025

How Will the Swimming Pool Construction Market Grow, and What Is the Projected Market Size?
In recent times, there has been a consistent rise in the size of the swimming pool construction market. The market is projected to expand from a worth of $7.27 billion in 2024 to about $7.55 billion in the upcoming year 2025, with a confirmed compound annual growth rate (CAGR) of 3.8%. This substantial growth during the historical phase is credited to factors such as the rapid progress in real estate, growth in individual disposable income, burgeoning wellness and lifestyle trend, flourishing tourism and hospitality sectors, and an increasing trend of outdoor living spaces.

The market size of swimming pool construction is projected to experience consistent growth in the upcoming years, reaching $8.32 billion in 2029, with a compound annual growth rate (CAGR) of 2.5%. The escalation in the prediction period is attributable to the increasing demand for customization, sustainable and eco-friendly procedures, urbanization, high-rise constructions, consideration for health and wellbeing, along with pandemic-induced trends. The forecast period also points towards major trends like innovation in pool layouts, advanced pool technologies, improvement in pool mechanisms, sustainable and environmentally-friendly pool designs, saltwater pools, and alternative water solutions.

What Key Elements Are Boosting Growth in the Swimming Pool Construction Market?
The boom in hotel construction is anticipated to fuel the expansion of the swimming pool construction market. Hotels are commercial entities that offer guests or travellers lodging services, mainly on a short-term basis, complete with various amenities. Incorporation of swimming pools in the design of hotels is crucial to elevating the guest experience, intensifying the hotel's overall allure, and augmenting its market competitiveness. For instance, Lodging Econometrics, an American hospitality services provider, revealed in October 2023 that the hotel construction pipeline in Canada in Q3 2023 comprised 275 projects and 37,780 rooms, indicating a 5% project and 8% rooms increase on a year-over-year basis (YOY). Additionally, Canada registered 22 new project announcements with 2,816 rooms in Q3. Consequently, the upsurge in hotel construction is fuelling the expansion of the swimming pool construction market.

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Who Are the Major Industry Players Fueling Swimming Pool Construction Market Expansion?
Major companies operating in the swimming pool construction market report are Latham Pool Products Inc., Zodiac Pool Systems, Piscines Desjoyaux SA, Cody Pools, Narellan Pools, Blue Book Services, Compass Pools, Leisure Pools, Myrtha Pools, Platinum Pools, Natare Corporation, Blue Haven Pools, Albatross Pools, Millennium Pools Pvt. Ltd., Concord Pools and Spas, Premier Pools and Spas, Riverbend Sandler Pools, Pool Corporation, Aloha Pools Pty Ltd., Pool Town, Aquamarine Pools, Presidential Pools, Spas & Patio, Southern Poolscapes, Tranquility Pools, Excel Pool Services, Paragon Pools, Hawaiian Pools and Waterscapes, Cody Pools Inc., California Pools

Which Key Developments Are Influencing the Swimming Pool Construction Market?
Leading businesses in the swimming pool construction sector are progressively concentrating on the creation of fiberglass inground pools to improve outdoor living areas. These pools are pre-constructed, and made of strong fiberglass-reinforced plastic, intended for setup in residential gardens. For example, in January 2023, Explore Industries, a firm based in the US that specializes in manufacturing fiberglass pools, introduced Evo Pools. This new range features high-quality fiberglass inground pools and spas tailored for residential developers. Offering a variety of styles and designs, it allows homeowners to select pools that align with their new house's aesthetic appeal and their personal lifestyle choices. Evo Pools specifically focuses on creating high-end fiberglass inground pools and spas designed for home builders, aiming to streamline the home construction process by providing a unique choice of customizable pool designs that enrich outdoor living spaces. To meet the growing demand for outdoor amenities, Evo Pools offers products that can be installed quickly, usually within a week, and come with a lifetime structural guarantee. This initiative assists builders in extending their service portfolio, and enables homeowners to establish enduring outdoor experiences as they settle into their new homes.

How Is the Segmentation of the Swimming Pool Construction Market Defined?
The swimming pool construction market covered in this report is segmented -

1) By Construction Type: Above-ground, In-ground
2) By Material: Concrete, Fiberglass
3) By End User: Residential, Non-Residential

Subsegments:
1) By Above-Ground Pools: Metal Pools, Resin Pools, Hybrid Pools
2) By In-Ground Pools: Concrete Pools, Vinyl Liner Pools, Fiberglass Pools

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What Is the Leading Region in the Swimming Pool Construction Market?
North America was the largest region in the swimming pool construction market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the swimming pool construction market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Is Covered In The Swimming Pool Construction Global Market Report?

- Market Size Analysis: Analyze the Swimming Pool Construction Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Swimming Pool Construction Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Swimming Pool Construction Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Swimming Pool Construction Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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