The Swimming Pool Global Market Report 2023, provides comprehensive information on the swimming pool market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Swimming Pool Global Market Report 2023, the market size is expected to grow from $3.5 billion in 2022 to $3.52 billion in 2023 at a compound annual growth rate (CAGR) of 0.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The swimming pool market size is expected to grow to $3.6 billion in 2027 at a CAGR of 0.6%.
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Technological advancements have emerged as the key trend gaining popularity in the swimming pool market. Major companies operating in the swimming pool sector are focused on developing new technological solutions to meet customer demand. For instance, in June 2021, Latham, a US-based pool company, launched the plan your pool innovative based on poolside technology. Plan Your Pool is an interactive part of the company’s website that allows homeowners and future homeowners to personalize, plan, and finance a pool before purchasing one for their house. This portion of the pool-planning website offers an immersive experience that allows homeowners to investigate specific needs and validate product interests right at their fingertips.
The swimming pool market is segmented:
1) By Type: Competition Pool, Recreational Swimming Pool, Children’s Swimming Pool, Private Swimming Pool, Relaxation Pool
2) By Material: Fibreglass, 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
North America was the largest region in the swimming pool market in 2022.
The table of contents in TBRC’s swimming pool market report includes:
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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