Global Automatic Pool Cleaner Market Report 2023: Sector is Expected to Reach $3.6 Billion by 2028 at a CAGR of 9.56%

DUBLIN, May 31, 2023 /PRNewswire/ -- The "Automatic Pool Cleaner Market - Global Outlook & Forecast 2023-2028" report has been added to  ResearchAndMarkets.com's offering.

The global automatic pool cleaner market is expected to grow at a CAGR of 9.56% to reach $3,632.86 Million by 2028 from $2,100 Million in 2022.

Market Trends and Opportunities

Rapid Urbanization

The trend toward urbanization and the desire for an urban lifestyle drives the demand for automatic pool cleaners. This is evidenced by rising disposable incomes, increasing numbers of working women, and a growing employment rate among millennials.

As developing and developed countries undergo infrastructural developments in residential and commercial sectors, there has been a corresponding increase in residential construction and renovation activities featuring swimming pools.

With increased employment opportunities, people are migrating to cities for better living conditions, including access to education and healthcare. This mass migration is expected to increase the number of people living in metropolitan regions over the next 30 years, leading to increased demand for building infrastructure, construction, and household amenities.

The resulting rise in expenditure power drives growth in the luxury lifestyle market, including hotels, resorts, spas, and wellness facilities, all of which feature swimming pools and therefore contribute to the growth of the automatic pool cleaner market.

Boom In The Spa Industry

The spa industry has witnessed consistent growth in the past decade concerning revenue generation and penetration rates in the major economies of Europe, APAC, and North America. Commercial centers, malls, hotels, and fitness centers increasingly adopt the spa culture to enhance daily footfall.

They are also considered an epicenter of luxurious destinations attracting foreign travelers. It has also become a major symbol of stress relief and sophistication, where premier health spas offer customized wellness boot camps and treatments.

Millennials and Gen X consumers seek spas for relaxation and stress relief, where hot tubs and steam baths are highly prioritized. With the growth in spa facilities, the overall spa economy is also witnessing a rise, which includes spa capital investments, spa education, spa media association and events, and spa consulting.

Further, spa swims are built to stimulate blissful peace and bring health and wellness. Increasing spa swim fuelling the need for pool cleaning equipment. These driving factors are helping to increase the demand for the automatic pool cleaner market during the forecast period.

Challenge Analysis

Lack of Awareness in Growing Economies

One of the critical challenges facing the global automatic pool cleaner market is the need for more awareness in growing economies. Despite the increasing number of residential and commercial pools in these regions, consumers need more understanding regarding the benefits and availability of automatic pool cleaners. The primary reason is the low penetration of these products in the market and the limited reach of marketing campaigns.

As a result, consumers often resort to manual pool cleaning methods, which are time-consuming and less efficient. To overcome this challenge, manufacturers must focus on educating consumers about the advantages of automatic pool cleaners and the availability of these products in the market. Additionally, they may need to explore new distribution channels and pricing strategies to make these products more accessible to consumers in growing economies.

Competitive Landscape

The global automatic pool cleaner market is highly competitive, with many local and international players operating. Major players like Hayward Industries, Maytronics, Zodiac Pool Solutions, Waterco, and Pentair dominate the market. These players are constantly investing in R&D to introduce innovative products and expand their distribution networks to cater to the increasing market for automated pool cleaners.

Key Company Profiles

• Aiper
• BWT Holding
• Fluidra
• Hayward Industries
• Maytronics
• Pentair
• Tianjin Wangyuan

Other Prominent Vendors

• Ananya Creations
• Chasing-Innovation
• Gulfstream Manufacturing
• Kreepy Krauly
• Mariner 3S
• Milagrow Robots
• Paxcess
• Rockrocker
• Trident
• Water Tech Corp
• WEDA- Dammann & Westerkamp
• Xiamen Fast Cleaner
• Zucchetti Centro Sistemi

Key Questions Answered:

• How big is the automatic pool cleaner market?
• What is the growth rate of the global automatic pool cleaner market?
• Which region dominates the global automatic pool cleaner market share?
• What are the significant trends in the automatic pool cleaner market?
• Who are the key players in the global automatic pool cleaner industry?

Key Topics Covered:

1 Research Methodology

2 Research Objectives

3 Research Process

4 Scope & Coverage
4.1 Market Definition
4.1.1 Inclusions
4.1.2 Exclusions
4.1.3 Market Estimation Caveats
4.2 Base Year
4.3 Scope of the Study
4.3.1 Market by End-User
4.3.2 Market Segmentation by Product
4.3.3 Market by Types
4.3.4 Market by Distribution Channel
4.3.5 Market Segmentation by Geography

5 Report Assumptions & Caveats
5.1 Key Caveats
5.2 Currency Conversion
5.3 Market Derivation

6 Premium Insights
6.1 Report Overview
6.2 Opportunities & Challenges Analysis
6.3 Segment Analysis
6.3.1 End-User
6.3.2 Product
6.3.3 Type
6.3.4 Distribution Channel
6.4 Regional Analysis
6.5 Competitive Analysis

7 Market at a Glance

8 Introduction
8.1 Overview
8.1.1 Key Trends and Uncertainties
8.1.2 Distribution Strategies
8.1.3 Supply Chain/Procurement
8.1.4 Global Swimming Pool Market
8.1.5 Global Hotel Pipeline
8.2 Key Developments
8.3 Impact of Recession
8.4 Value Chain Analysis
8.4.1 Material Suppliers
8.4.2 Manufacturers
8.4.3 Distributors
8.4.4 Application

9 Market Opportunities & Trends
9.1 Boom in Spa Industry
9.2 Automation and Ai
9.3 Rising Modular Construction

10 Market Growth Enablers
10.1 Rapid Urbanization
10.2 High Disposable Income
10.3 Growth of Swimming Pool Construction
10.4 Growing Travel and Tourism Industry

11 Market Restraints
11.1 Lack of Awareness in Growing Economies
11.2 Price Fluctuation
11.3 High Cost Compared to Other Counterparts

12 Market Landscape
12.1 Market Overview
12.2 Market Size & Forecast
12.3 Market by End-User
12.3 Market by Product
12.4 Market by Types
12.5 Market by Distribution Channel
12.6 Five Forces Analysis
12.6.1 Threat of New Entrants
12.6.2 Bargaining Power of Suppliers
12.6.3 Bargaining Power of Buyers
12.6.4 Threat of Substitutes
12.6.5 Competitive Rivalry

13 End-User
13.1 Market Snapshot & Growth Engine
13.2 Market Overview
13.3 Residential
13.3.1 Market Overview
13.3.2 Market Size & Forecast
13.3.3 Market by Geography
13.4 Non-Residential
13.4.1 Market Overview
13.4.2 Market Size & Forecast
13.4.3 Market by Geography
13.4.4 Hospitality
13.4.5 Sports and Entertainment
13.4.6 Education and Institution
13.4.7 Others

14 Product
14.1 Market Snapshot & Growth Engine
14.2 Market Overview
14.3 Robotic Pool Cleaner
14.3.1 Market Overview
14.3.2 Market Size & Forecast
14.3.3 Market by Geography
14.4 Suction-Side Pool Cleaner
14.4.1 Market Overview
14.4.2 Market Size & Forecast
14.4.3 Market by Geography
14.5 Pressure Pool Cleaner
14.5.1 Market Overview
14.5.2 Market Size & Forecast
14.5.3 Market by Geography

15 Types
15.1 Market Snapshot & Growth Engine
15.2 Market Overview
15.3 Inground Pool Cleaners
15.3.1 Market Size & Forecast
15.3.2 Market by Geography
15.4 Above-Ground Pool Cleaner
15.4.1 Market Size & Forecast
15.4.2 Market by Geography
15.5 in and Above Ground Pool Cleaner
15.5.1 Market Size & Forecast
15.5.2 Market by Geography

16 Distribution Channel
16.1 Market Snapshot & Growth Engine
16.2 Market Overview
16.3 Direct Distribution Channel
16.3.1 Market Size & Forecast
16.3.2 Market by Geography
16.4 Indirect Distribution Channel
16.4.1 Market Size & Forecast
16.4.2 Market by Geography

17 Geography
17.1 Market Snapshot & Growth Engine
17.2 Geographic Overview

18 North America

19 Europe

20 APAC

21 Latin America

22 Middle East & Africa

23 Competitive Landscape

24 Key Company Profiles

25 Other Prominent Vendors

26 Report Summary

27 Quantitative Summary

28 Appendix

For more information about this report visit https://www.researchandmarkets.com/r/e7jw0d

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