What Has Been The Historical And Current Growth Of The Swimming Pool Market?
The swimming pool market has seen considerable growth due to a variety of factors.
• In recent times, there has been a slight increase in the size of the swimming pool market. The market, which was worth $3.52 billion in 2024, is expected to expand to $3.54 billion in 2025, depicting a compound annual growth rate (CAGR) of 0.7%.
Factors contributing to this growth during the historic period include the development of real estate, trends in leisure and recreation, a preference for luxury and lifestyles, a growing awareness of health and wellness, as well as an expansion in the hospitality industry.
What Does the Future Hold for the Swimming Pool Market?
The swimming pool market is expected to maintain its strong growth trajectory in upcoming years.
• It is anticipated that the swimming pool market will observe a consistent increase in the following years, rising to approximately $3.9 billion by 2029 with a 2.5% compound annual growth rate (CAGR). The expansion predicted may be due to the consistent demand in real estate, an emphasis on wellness and fitness, growth in urban areas and population, the appeal of outdoor living spaces, and the growth in tourism and hospitality. There are several key trends to note for the future, such as the popularity of natural and organic products for pool maintenance, the emergence of compact and space-efficient pool structures, the concentration on wellness and health aspects in pool design, partnerships for eco-friendly pool construction methods, and increased adoption of alternative water sources for pools.
What Are The Core Factors Supporting Growth In Swimming Pool Market?
The projected growth of the swimming pool market is largely influenced by expanding urbanization. Urbanization here signifies the movement of people from rural to urban regions. With more people in urban settings developing an interest in swimming as a form of exercise and leisure, there's an observed increase in the number of swimming pools. For example, a report by the United Nations Department of Economic and Social Affairs anticipates that by 2050, 68% of the global population will be residing in urban areas. Consequently, the expanding urban populace propels the swimming pool market's growth.
What Are The Primary Segments In The Global 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 Key Trends Are Driving Changes In The Swimming Pool Market?
Technological evolution has become a primary trend in the swimming pool market, escalating its popularity. Organizations in this industry are formulating innovative technology solutions to cater to customer needs. For instance, Latham, an American pool company, partnered with Poolside Tech, a technology company also based in the US, to introduce Attendant in July 2024. This inground automation system for Latham fiberglass pools is controlled via the cloud, empowering homeowners to manage their pool's temperature and water chemistry directly from their smartphones. Attendant uses past performance data and current weather conditions for the most efficient management, optimizing heating, cooling and solar systems to maintain the perfect water temperature while reducing energy usage.
Who Are the Key Players 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
What Is The Most Dominant Region In The Swimming Pool Market?
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.
