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Pool And Spa Market Size Forecasted To Achieve $28.17 Billion By 2029 With Steady Growth
Pool And Spa
What Is the Pool And Spa Market Size and Projected Growth Rate?
The pool and spa market has shown strong growth in recent years. It will increase from $20.67 billion in 2024 to $22.03 billion in 2025, reflecting a CAGR of 6.6%. The growth in the past period can be attributed to increased home leisure investments as people spend more time at home, the rise in demand for home pools and spas due to travel restrictions, greater awareness of hydrotherapy and wellness benefits, and rising consumer spending on luxury home amenities.
The pool and spa market is projected to grow significantly, reaching $28.17 billion by 2029 with a CAGR of 6.3%. This growth is driven by increased consumer focus on mental and physical well-being, the development of solar-powered and water-efficient pool and spa solutions, the use of pools and spas in medical and rehabilitation settings, the expansion of luxury urban residential projects, and rising middle-class incomes. Trends include the integration of IoT and AI for automation, solar-powered systems, customizable designs, insulated pool covers, and innovative rooftop and indoor installations.
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What Are the Major Segments in the Pool And Spa Market?
The pool and spa market covered in this report is segmented -
1) By Type: Spas, Pools
2) By Accessories: Filters, Chlorinators, Blowers, Cleaners, Covers, Suction Fittings, Pool Pumps, Other Accessories
3) By Material: Plastic, Rubber, Fiberglass, Stainless Steel, Other Materials
Subsegments:
1) By Spas: Hot Tubs, Swim Spas, Portable Spas, In-Ground Spas, Above-Ground Spas, Outdoor Spas, Indoor Spas, Hydrotherapy Spas
2) By Pools: In-Ground Pools, Above-Ground Pools, Fiberglass Pools, Concrete Pools, Vinyl-Lined Pools, Infinity Pools, Swim Pools, Lap Pools, Portable Pools
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What Are The Driving Pool And Spa Market Evolution?
The growth of the wellness and spa tourism industry is expected to boost the pool and spa market. Wellness tourism focuses on travel for health enhancement through spa treatments, fitness, and holistic wellness. The expansion of this sector is driven by increased consumer demand for stress relief, health treatments, and overall well-being. Pools and spas are essential to wellness tourism, offering relaxation and therapeutic experiences. For instance, a 2023 report by the American Med Spa Association highlighted a 15% revenue growth from single-location medical spas in 2022. Therefore, the wellness tourism industry is propelling the growth of the pool and spa market.
Which Firms Dominate The Pool And Spa Market Segments?
Major companies operating in the pool and spa market are Kohler Co, Pentair plc, Fluidra S.A., Roca Group, BWT Holding GmbH, Villeroy and Boch, Jacuzzi Brands LLC, Duravit AGa, Bullfrog Spas, Jaquar & Company Private Limited., Harvia Plc, Coast Spas Manufacturing Inc., SAWO Inc., TyloHelo Inc, Arctic Spas Ltd, Blue Haven Pools and Spas, Narvi Oy, KLAFS GmbH & Co. KG, Unbescheiden GmbH, Physiotherm Infrarotkabinen
What Are the Latest Developing Trends in the Pool And Spa Market?
Leading companies in the pool and spa market are focusing on developing cutting-edge solutions like smart pool management systems, which improve user convenience and efficiency. These automated systems manage various pool maintenance functions, including water temperature, chemical balance, filtration, and cleaning schedules, and can often be controlled remotely. For instance, Aiper, a U.S.-based robotic pool cleaner provider, introduced the Seagull SE in November 2022, part of its next-generation Seagull Series. The Seagull SE features dual-drive motors and bottom scrubbers for superior cleaning, along with a self-parking function. Its eco-friendly design includes a rechargeable lithium battery and a nylon tray, doing away with disposable bags.
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Which Is The Largest Region In The Pool And Spa Market?
North America was the largest region in the pool and spa market in 2024. The regions covered in the pool and spa market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Pool And Spa Market?
2. What is the CAGR expected in the Pool And Spa Market?
3. What Are the Key Innovations Transforming the Pool And Spa Industry?
4. Which Region Is Leading the Pool And Spa Market?
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