Pool and spa market size to reach $23.6 billion by 2027

The global swimming pool and spa market is expected to grow from approximately USD 19.1 billion in 2022 to USD 23.6 billion by 2027, at a CAGR of 4.3% during the forecast period.

According to the new market research report Pool and spa market by type (pools – tower, paddling pool, heated; spas – electric, steam, sauna, whirlpool), accessories (filters, chlorinators, blowers, cleaners, covers, suction fittings, pumps), equipment and region – forecast world until 2027″, published by MarketsandMarkets™, the global swimming pool and spa market size is estimated to be worth USD 23.6 billion by 2027, from USD 19.1 billion in 2022, at a CAGR of 4.3% during the forecast period. forecast. The swimming pools and spas market is expected to witness significant growth over the forecast period, driven by rising residential and commercial construction activities and increasing investment in the installation of swimming pools and spas for commercial purposes. recreational. However, emerging smart technologies and digitalization along with growing health awareness along with expanding tourism activities resulting in increased demand for hotel construction and homestays will also drive the swimming pool and pool market. spa.

Download the PDF brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=91087740

Swimming pools are expected to occupy the majority of the pool and spa market share

The swimming pools segment, by type, is expected to hold the highest market share during the forecast period, as swimming pools have been a traditional source of recreational activities for centuries and are also expected to gain momentum in the years. coming. Educational institutions such as high schools and universities sometimes have swimming pools for physical education classes, recreational activities, hobbies, and competitive sports such as swimming. Specially designed pools are also used for diving, water sports and physiotherapy, as well as for the training of lifeguards and astronauts. Swimming pools most often use chlorinated water or salt water and may or may not be heated. Tourism has seen continuous growth and increasing diversification to become one of the fastest growing economic sectors in the world. This has led to an increase in the construction of hotels, which would indirectly increase the demand for the installation of swimming pools in hotels and leisure centers.

Fiberglass by Material is Expected to Dominate the Market

Fiberglass pools generally require the lowest maintenance and lifetime costs and the surface composition prevents algae growth. A fiberglass pool is constructed with multiple layers. The material is a combination of fiber reinforced polymer consisting of a plastic matrix reinforced with fine glass fibers. They are constructed from molds that are extremely expensive to manufacture. The manufacturer therefore has a finite number of shapes, designs and sizes available. The size is usually no wider than about 4 or 5 meters. Some fiberglass pools also have the option of an integrated spa or water feature. Also, due to its smaller size, it uses less electrical power than other types of pools. The COVID-19 pandemic has boosted the growth of fiberglass pool in the market due to discretionary spending options.

Request sample pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=91087740

North America is set to become the largest pool and spa market

North America is the key region for the pool and spa market where the major demand comes from the residential sectors in the region. California and Florida have the most in-ground swimming pools in the United States. Sales of swim spas and imported hot tubs have a small but growing influence in the US market. With millions of people in the region working from home, many with more disposable income than ever before, demand for swimming pools and virtually every element of the outdoor lifestyle has seen high demand.

Harvia Group (Finland), Pentair (USA), Fluidra (Spain), KLAFS GmbH & Co. KG (Germany), TyloHelo (Sweden) are the major players in the global market. Pool and spa market.

About MarketsandMarkets™:

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats that will impact 70%-80% of global business revenue. Currently serving 7,500 customers worldwide, including 80% of global Fortune 1000 companies as customers. Nearly 75,000 senior executives from eight industries around the world approach MarketsandMarkets™ for their revenue decision issues.

Our 850 full-time analysts and MarketsandMarkets™ SMEs track global high-growth markets by following the “Growth Commitment Model – GEM”. The GEM aims for proactive collaboration with customers to identify new opportunities, identify most important customers, write “Attack, Avoid and Defend” strategies, identify additional sources of revenue for the company and its competitors. MarketsandMarkets™ now offers 1,500 MicroQuadrants (positioning top performers among Leaders, Emerging Companies, Innovators, Strategic Players) each year in high-growth emerging segments. MarketsandMarkets™ is determined to benefit over 10,000 companies this year for their revenue planning and help them bring their innovations/disruptions to market by providing research ahead of the curve.

MarketsandMarkets’ flagship competitive intelligence and market research platform, “Knowledgestore”, connects over 200,000 markets and entire value chains for a deeper understanding of unmet information, as well as market sizing and niche market forecasts.


Mr. Aashish Mehra

MarketsandMarkets™ INC.

630 Dundee Road

Office 430

Northbrook, IL 60062

US: 1-888-600-6441

E-mail: [email protected]

Source of content: https://www.marketsandmarkets.com/PressReleases/pool-spa.asp

Media Contact
Company Name: MarketsandMarkets™ Research Private Ltd.
Contact person: Mr. Aashish Mehra
E-mail: Send an email
Call: 18886006441
Address:630 Dundee Road, Suite 430
Town: Northbrook
State: IT 60062
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/pool-spa-market-91087740.html

Richard F. Gandhi