The Global Swimming Pool Market is expected to generate USD 4853.90 million by the end of 2028, up from USD 3944.36 million in 2021. A favourable growth element for the global swimming pool market is the ongoing projects of the residential construction sector in the Americas and other regions across the world. Attractive amenities in apartment buildings attract home buyers, who persuade developers to incorporate a pool and a gym in their construction projects. Rising tourism, an increase in the number of innovations in the resorts and hotels, the expansion of service & product offerings, and the demand for luxurious lifestyles are key drivers driving the overall market growth. During the forecast period, 2023-2028, the Global Swimming Pool is expected to expand at a CAGR of 3.23%. The growing residential areas, as well as the growing urbanization, are driving up the swimming pool market.
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The report tracks competitive developments, strategies, mergers and acquisitions and new product development. The companies analyzed in the report include Pentair, Hayward Holdings Inc., Fluidra S.A., Latham Group, Intex Recreation, Finish Thompson, Cody Pools, Presidential Pools & Spas, Concord Pools & Spas, Riverbend Sandler Pools.
The swimming pool market refers to the industry that produces, sells, and maintains swimming pools and related products and services. The market includes a wide range of products and services, including in-ground and above-ground swimming pools, pool equipment and accessories, pool maintenance services, and pool construction and installation services.
The swimming pool market is driven by several factors, including the growing popularity of swimming as a form of exercise and recreation, the increasing number of households with disposable income, and the rising trend of outdoor living spaces. Additionally, advancements in pool technology, such as energy-efficient pool equipment and automated pool maintenance systems, have also contributed to the growth of the market.
The market is also characterized by a growing trend towards eco-friendly and sustainable pool products and practices. This includes the use of energy-efficient pool equipment, the adoption of natural and sustainable pool maintenance practices, and the use of environmentally friendly pool chemicals.
Overall, the swimming pool market is expected to continue to grow in the coming years, driven by factors such as the increasing demand for outdoor living spaces, the popularity of swimming as a form of exercise and recreation, and the adoption of sustainable pool products and practices.
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