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Key Trends Influencing the Growth of the Swimming Pool Market in 2025: Technological Advancements Transforming The Swimming Pool Market
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Is the Expected CAGR for the Swimming Pool Market Through 2025?
The market size of swimming pools has experienced a slight increase lately, with anticipated growth from $3.52 billion in 2024 to $3.52 billion in 2025, showing a compound annual growth rate (CAGR) of 0.2%. Factors contributing to this growth during the historical period include advancements in real estate, trends in leisure and recreations, preferences for luxury and lifestyle, awareness of health and wellness, and an expanding hospitality sector.
What's the Projected Size of the Global Swimming Pool Market by 2029?
The forecast for the swimming pool market size foresees a consistent expansion in the coming years, reaching a valuation of $3.85 billion in 2029 with a compound annual growth rate (CAGR) of 2.2%. The expected surge within this period is linked to an ongoing preference for real-estate, increased emphasis on wellness and fitness, growing urban and population density, enhancement of outdoor living areas, and expansion in the tourism and hospitality industry. Notable trends to expect within the forecasted timeline include a heightened demand for natural and organic products for pool maintenance, the rising popularity of compact and space-saving pool designs, increased attention towards integrating health and wellness features in pools, partnerships centered around sustainable pool construction techniques, and a heightened adoption of alternative water sources for pools.
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Top Growth Drivers in the Swimming Pool Industry: What's Accelerating the Market?
The surge in urbanization is foreseen to push forward the expansion of the swimming pool industry. Urbanization signifies the rural populace gravitating towards city areas. People dwelling in cities are showing heightened interest in swimming for wellness and leisure reasons, hence leading to a boost in swimming pool numbers. Referencing the report from the United Nations Department of Economic and Social Affairs, it is projected that by 2050, 68% of the global population will be residing in urban locales. Consequently, this climb in the urban populace propels the growth of the swimming pool market.
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What Are the Key Trends Driving Swimming Pool Market Growth?
The surge in technological advancements is becoming a predominant trend in the swimming pool market. Big players in this sector are striving to create new tech solutions to cater to the needs of their consumers. To illustrate, Latham, a company from the US that specializes in pools, collaborated with Poolside Tech, another US-based tech firm, in July 2024 to introduce Attendant - an automated system designed for Latham's fiberglass pools installed in the ground. This system, hosted in the cloud, enables homeowners to manipulate their pool's water temperature and chemistry through their mobile devices, making use of historical performance data and current weather conditions for efficient administration. Attendant benefits from the use of historical performance data and real-time weather forecasts in heating, cooling, and solar systems optimization- resulting in the perfect water temperature while reducing energy use.
What Are the Main Segments in the Swimming Pool Market?
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
Subsegments:
1) By Competition Pool: Olympic-Sized Pools, Training Pools, Multi-Purpose Competition Facilities
2) By Recreational Swimming Pool: Community Pools, Hotel And Resort Pools, Water Parks
3) By Children's Swimming Pool: Shallow Pools For Toddlers, Interactive Splash Pads, Themed Children's Pools
4) By Private Swimming Pool: In-Ground Residential Pools, Above-Ground Residential Pools, Custom-Designed Private Pools
5) By Relaxation Pool: Spa Pools, Infinity Pools, Hot Tubs And Jacuzzis
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Which Top Companies are Driving Growth in the Swimming Pool Market?
Major companies operating in the swimming pool market include 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, 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, 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
Which Regions Will Dominate the Swimming Pool Market Through 2029?
North America was the largest region in the swimming pool market in 2024. The regions covered in the swimming pool market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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