Swimming Pool Market Size to Grow by USD 3.56 Billion | 44% Market Growth Contribution from North America | 17,000+ Technavio Research Reports
NEW YORK, June 7, 2022 /PRNewswire/ -- The "Swimming Pool Market - Forecast and Analysis 2020-2024" report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years.
The potential growth difference for the swimming pool market between 2019 and 2024 is USD 3.56 billion, as per the latest market analysis report by Technavio. The report also predicts the market to witness an accelerating growth momentum at a CAGR of 2.29% during the projected period.
To get the exact yearly growth variance and the Y-O-Y growth rate, Talk to our analyst.
Swimming Pool Market Scope | |
Report Coverage | Details |
Page number | 120 |
Base year | 2019 |
Forecast period | 2020-2024 |
Growth momentum & CAGR | Accelerate at a CAGR of over 2.29% |
Market growth 2020-2024 | USD 3.56 billion |
Market structure | Concentrated |
YoY growth (%) | (0.03) |
Regional analysis | North America, Europe, APAC, South America, and MEA |
Performing market contribution | North America at 44% |
Key consumer countries | US, France, UK, Australia, and Spain |
Competitive landscape | Leading companies, competitive strategies, consumer engagement scope |
Companies profiled | Finish Thompson Inc., FLUIDRA S.A., Hayward Industries Inc., H.C. Harrington Co.Inc., Intex Corp., Guangdong LASWIM Water Environment Equipment Co.Ltd., Pentair Plc, Pool Corp. Inc., Swimline, and Waterco Group |
Market Dynamics | Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period. |
Customization purview | If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Request Sample Report to know more about the market scope and parent market analysis
The swimming pool market report is segmented by Revenue source (construction and equipment) and Geography (North America, Europe, APAC, South America, and MEA).
- The construction revenue source segment held the largest swimming pool market share in 2019. The segment will continue to account for the highest revenue throughout the forecast period. The surging growth of the construction industry is one of the key factors proliferating the swimming pool market growth in the recent years. The construction industry is focusing on constructing vertical buildings that can accommodate the maximum number of houses because of the limited availability of land and growing population. This has led to a rise in the number of high-rise buildings with amenities like swimming pools and gyms.
- North America will be the leading region with 44% of the market's growth during the forecast period. The US is the key market for swimming pool market in North America. The presence of developed infrastructure and the thriving wellness tourism industry will proliferate the swimming pool market growth in North America over the forecast period.
View our sample report for additional insights into the contribution of all the segments and regional opportunities
- Market Drivers: Large-scale urbanization is one of the key factors influencing the market growth positively in the next few years. There has been a significant rise in demand for high-quality infrastructures like urban residential developments and commercial spaces, such as shopping malls due to urbanization. This growth in the development of residential units, particularly, in the Asian and African nations will further drive the rising construction of swimming pools in the residential sector. Furthermore, the high growth in the tourism industry is another major factor supporting the swimming pool market share growth.
- Market Challenge: The high installation and maintenance costs will be a major challenge for the swimming pool market. many countries face water scarcity because of the worsening of the ecological balance. In countries like Yemen, Libya, and Jordan that have the highest water scarcity, the cost of water is extremely high. Therefore, with the already existing financial weakness, the high initial costs act as a barrier to the growth of swimming pools in most developing countries.
To learn about additional key drivers, trends, and challenges available with Technavio. Read our Sample Report!
Some Companies Mentioned with their Offerings
- Finish Thompson Inc.
- FLUIDRA S.A.
- Hayward Industries Inc.
- H.C. Harrington Co.Inc.
- Intex Corp.
- Guangdong LASWIM Water Environment Equipment Co.Ltd.
- Pentair Plc
- Pool Corp. Inc.
- Swimline
- Waterco Group
- To gain access to more vendor profiles with their key offerings available with Technavio, Click Here
Related Reports:
Key Topics Covered:
1. Executive Summary
2. Market Landscape
2.1 Market ecosystem
Exhibit 01: Parent market
2.2 Market Characteristics
Exhibit 02: Market Characteristics
2.3 Value chain analysis
Exhibit 03: Specialized Consumer Services
2.3.1 Inputs
2.3.2 Operations
2.3.3 Marketing and sales
2.3.4 Support activities
2.3.5 Innovations
3. Market Sizing
3.1 Market definition
Exhibit 04: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 05: Market segments
3.3 Market size 2020
3.4 Market outlook: Forecast for 2019 - 2024
Exhibit 06: Global - Market size and forecast 2019 - 2024 ($ billion)
Exhibit 07: Global - Market size and forecast 2019 - 2024 ($ billion) exclusive of COVID-19 Impact
Exhibit 08: Global market: Year-over-year growth 2019-2024 (%)
4. Five Forces Analysis
4.1 Five Forces Summary
Exhibit 09: Five forces analysis 2019 & 2024
4.2 Bargaining power of buyers
4.3 Bargaining power of suppliers
4.4 Threat of new entrants
4.5 Threat of substitutes
4.6 Threat of rivalry
4.7 Market condition
Market condition - Five forces 2019
5. Market Segmentation by Revenue source
The segments covered in this chapter are:
- Construction
- Equipment
5.1 Market segments
Exhibit 16: Revenue source - Market share 2019-2024 (%)
5.2 Comparison by Revenue source
Exhibit 17: Comparison by Revenue source
5.3 Construction - Market size and forecast 2019-2024
Exhibit 18: Construction - Market size and forecast 2019-2024 ($ billion)
Exhibit 19: Construction - Market size and forecast 2019-2024 ($ billion) exclusive of COVID-19 Impact
Exhibit 20: Construction - Year-over-year growth 2019-2024 (%)
5.4 Equipment - Market size and forecast 2019-2024
Exhibit 21: Equipment - Market size and forecast 2019-2024 ($ billion)
Exhibit 22: Equipment - Market size and forecast 2019-2024 ($ billion) exclusive of COVID-19 Impact
Exhibit 23: Equipment - Year-over-year growth 2019-2024 (%)
5.5 Market opportunity by Revenue source
Exhibit 24: Market opportunity by Revenue source
6. Customer landscape
Technavio's customer landscape matrix comparing Drivers or price sensitivity, Adoption lifecycle, importance in customer price basket, Adoption rate and Key purchase criteria
Exhibit 25: Customer landscape
7. Geographic Landscape
The regions covered in the report are:
- North America
- Europe
- APAC
- South America
- MEA
North America was the largest region of the market in 2020 and would continue to be the largest segment of the market in 2025. It would grow at a compounded annual growth rate of around 5% between 2020 and 2025, which is slower than the overall market
7.1 Geographic segmentation
Exhibit 26: Market share by geography 2019-2024 (%)
7.2 Geographic comparison
Exhibit 27: Geographic comparison
7.3 North America - Market size and forecast 2019-2024
Exhibit 28: North America - Market size and forecast 2019-2024 ($ billion)
Exhibit 29: North America - Market size and forecast 2019-2024 ($ billion) exclusive of COVID-19 Impact
Exhibit 30: North America - Year-over-year growth 2019-2024 (%)
7.4 Europe - Market size and forecast 2019-2024
Exhibit 31: Europe - Market size and forecast 2019-2024 ($ billion)
Exhibit 32: Europe - Market size and forecast 2019-2024 ($ billion) exclusive of COVID-19 Impact
Exhibit 33: Europe - Year-over-year growth 2019-2024 (%)
7.5 APAC - Market size and forecast 2019-2024
Exhibit 34: APAC - Market size and forecast 2019-2024 ($ billion)
Exhibit 35: APAC - Market size and forecast 2019-2024 ($ billion) exclusive of COVID-19 Impact
Exhibit 36: APAC - Year-over-year growth 2019-2024 (%)
7.6 South America - Market size and forecast 2019-2024
Exhibit 37: South America - Market size and forecast 2019-2024 ($ billion)
Exhibit 38: South America - Market size and forecast 2019-2024 ($ billion) exclusive of COVID-19 Impact
Exhibit 39: South America - Year-over-year growth 2019-2024 (%)
7.7 MEA - Market size and forecast 2019-2024
Exhibit 40: MEA - Market size and forecast 2019-2024 ($ billion)
Exhibit 41: MEA - Market size and forecast 2019-2024 ($ billion) exclusive of COVID-19 Impact
Exhibit 42: MEA - Year-over-year growth 2019-2024 (%)
7.8 Key leading countries
Exhibit 43: Key leading countries
7.9 Market opportunity by geography
Exhibit 44: Market opportunity by geography ($ billion)
8. Drivers, Challenges, and Trends
8.1 Market drivers
8.1.1 Large-scale urbanization
8.1.2 Increase in hotel construction
8.1.3 High preference for apartments
8.1.4 Swimming for fitness
8.1.5 Growing residential construction market
8.2 Market challenges
8.2.1 High installation and maintenance costs
8.2.2 Growing competition among suppliers
8.2.3 Expensive raw materials
Exhibit 45: Impact of drivers and challenges
8.3 Market trends
8.3.1 High growth in tourism industry
8.3.2 Growing consumer spending capability
8.3.3 Rise in stress levels due to change in lifestyles
9. Vendor Landscape
9.1 Competitive scenario
9.2 Vendor landscape
Exhibit 46: Vendor landscape
9.3 Landscape disruption
The potential for the disruption of the market landscape was moderate in 2020, and its threat is expected to remain unchanged by 2025.
Exhibit 47: Landscape disruption
9.4 Industry risks
Exhibit 48: Industry risks
10. Vendor Analysis
10.1 Vendors covered
Exhibit 49: Vendors covered
10.2 Market positioning of vendors
Exhibit 50: Market positioning of vendors
10.3 Finish Thompson Inc.
Exhibit 51: Finish Thompson Inc. - Overview
Exhibit 52: Finish Thompson Inc. - Product and service
Exhibit 53: Finish Thompson Inc. - Key offerings
10.4 FLUIDRA S.A.
Exhibit 54: FLUIDRA S.A. - Overview
Exhibit 55: FLUIDRA S.A. - Business segments
Exhibit 56: FLUIDRA S.A. - Key news
Exhibit 57: FLUIDRA S.A. - Key offerings
10.5 Hayward Industries Inc.
Exhibit 58: Hayward Industries Inc. - Overview
Exhibit 59: Hayward Industries Inc. - Product and service
Exhibit 60: Hayward Industries Inc. - Key offerings
10.6 H.C. Harrington Co. Inc.
Exhibit 61: H.C. Harrington Co. Inc. - Overview
Exhibit 62: H.C. Harrington Co. Inc. - Product and service
Exhibit 63: H.C. Harrington Co. Inc. - Key offerings
10.7 Intex Corp.
Exhibit 64: Intex Corp. - Overview
Exhibit 65: Intex Corp. - Product and service
Exhibit 66: Intex Corp. - Key offerings
10.8 Guangdong LASWIM Water Environment Equipment Co. Ltd.
Exhibit 67: Guangdong LASWIM Water Environment Equipment Co. Ltd. - Overview
Exhibit 68: Guangdong LASWIM Water Environment Equipment Co. Ltd. - Product and service
Exhibit 69: Guangdong LASWIM Water Environment Equipment Co. Ltd. - Key offerings
10.9 Pentair Plc
Exhibit 70: Pentair Plc - Overview
Exhibit 71: Pentair Plc - Business segments
Exhibit 72: Pentair Plc - Key offerings
Exhibit 73: Pentair Plc - Segment focus
10.10 Pool Corp. Inc.
Exhibit 74: Pool Corp. Inc. - Overview
Exhibit 75: Pool Corp. Inc. - Business segments
Exhibit 76: Pool Corp. Inc. - Key offerings
10.11 Swimline
Exhibit 77: Swimline - Overview
Exhibit 78: Swimline - Product and service
Exhibit 79: Swimline - Key offerings
10.12 Wenonah Canoe
Exhibit 80: Waterco Group - Overview
Exhibit 81: Waterco Group - Business segments
Exhibit 82: Waterco Group - Key news
Exhibit 83: Waterco Group - Key offerings
Exhibit 84: Waterco Group - Segment focus
12. Appendix
12.1 Scope of the report
12.1.1 Market definition
12.1.2 Objectives
12.1.3 Notes and caveats
12.2 Currency conversion rates for US$
Exhibit 85: Currency conversion rates for US$
12.3 Research Methodology
Exhibit 86: Research Methodology
Exhibit 87: Validation techniques employed for market sizing
Exhibit 88: Information sources
12.4 List of abbreviations
Exhibit 89: List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email:[email protected]
Website: www.technavio.com/
SOURCE Technavio
Share this article