Swimming Pool Market

Global Swimming Pool Market Size (2024 to 2029)

The global swimming pool market is predicted to be worth USD 3.57 billion by 2028 from USD 3.24 billion in 2023, growing at a CAGR of 1.93% from 2023 to 2028.

Current Scenario of the Global Swimming Pool Market

Special swimming pools are also used for diving, specialist water sports, physiotherapy, lifeguard, and astronaut training. Heated or unheated swimming pools are available.

A swimming pool is typically intended to store water to allow for swimming and other recreational activities. Pools can be constructed into the ground (in-ground pools) or erected above ground (above-ground pools), and they are a common feature on ocean liners and cruise ships. In-ground pools are made of materials such as concrete, natural stone, metal, plastic, or fiberglass and can be custom-sized and shaped or built to a standard size, the most important of which is the Olympic-size swimming pool. Many hotels have swimming pools for their guests to enjoy at their leisure. Pools for education courses, relaxation, recreational activities, and competitive athletics such as swimming teams are available in high schools and colleges. Hot tubs and spas are pools that are loaded with water and are used for hydrotherapy or relaxation. They're widespread in hotels and fitness clubs, as well as many private residences.

MARKET DRIVERS

The growing usage of pools and rising residential and hotel construction activities worldwide are propelling the global swimming pool market growth.

Rapid urbanization is one of the major factors driving the swimming pool market growth. As the world becomes more urbanized, a better lifestyle will be required, as well as an increase in infrastructure building. The hurried lifestyles of individuals will result in a strong demand for all facilities within an identical infrastructure. Swimming pools are becoming one of the most essential lifestyle facilities, which will fuel the growth of the swimming pool market.

The rising number of international tourists and the burgeoning tourism sector, which is fueled by rising income and tourism expenditure, are predicted to boost hotel output. This is expected to promote the expansion of the swimming pool market by attracting more investments into the burgeoning hotel industry. The expansion of swimming pools, spas, and gymnasiums in residential complexes is influenced by rising income, allowing house purchases, and increasing demand for appealing facilities. The global market for swimming pools will be boosted by an improvement in lifestyle and an increase in infrastructure building. The swimming pool market is predicted to grow in response to rising consumer expenditure on tourism. Consumer expenditure on tourism, on the other hand, has an impact on the creation of new hotels. The expansion of the luxury home buildings in these areas bodes well for swimming bath makers.

MARKET RESTRAINTS

The factors that are restricting the growth of the global swimming pool market are the market's development will be limited by high installation and maintenance costs, as well as rising consumer spending on travel, which is hurting the building of new hotels and limiting the market's growth.

REPORT COVERAGE

SEGMENTAL ANALYSIS

Global Swimming Pool Market By Type

The fiberglass pools segment is anticipated to be the dominant in the global swimming pool market during the forecast period.

Fiberglass pools are handcrafted in-mold pools that arrive at your property ready to be installed. Millions of intertwined glass threads are coated in a polyester resin to make the fiberglass. It's a tough, long-lasting material that's perfect for an in-ground pool. It's faster to install the piece as it takes 7 days, and it is durable enough to use it, and damaging this piece is less likely to be seen.

Global Swimming Pool Market By Application

A private or residential swimming pool is an outdoor structure containing a body of water in a receptacle or other container with a depth of water greater than one and one-half (1-1/2) feet above or below the surface of ground elevation, used or intended to be used solely by the owner, operator, or another person, and on the other hand, Public Swimming Pool refers to a waterproof structure made of concrete, masonry, or other permitted materials that is used for bathing or swimming by people and is filled with filtered and disinfected water, as well as the structures, appurtenances, and equipment used in conjunction with it. A public swimming pool or public pool is a conventional pool, spa-type pool, wading pool, special purpose pool, or water recreation attraction to which admission is available with or without payment of a fee, and includes, but is not limited to, pools operated by or serving camps, churches, cities, counties, daycare centers, care facility amenities for 8 or more clients, health spas, institutions, parks, state agencies, schools, subdivisions, or the cooperation

REGIONAL ANALYSIS

North America was the dominant region for the swimming pool market worldwide in 2023.

The domination is most likely to be seen in the global market during the forecast period. Following the economic downturn, the construction sector in the United States has been slowly improving, with rising residential and commercial building activity. Swimming pool development is predicted to expand at a consistent rate of more than 4% in the United States.

The Asia Pacific holds the second biggest share of the global swimming pool market during the forecast period.

The APAC region is likely to see a significant increase in luxury residential buildings, which bodes well for swimming pool makers in this region. Countries like Australia, Thailand, China, Japan, India, and many other Asian Countries are helping in the development and growth of the global swimming pool market.

The Middle East and Africa Region hold a considerable amount of share in the global swimming pool market.

As the climate is hot, swimming pools in public or residential are more often to be seen, and as many luxurious hotels are in this region the usage of commercial swimming pools is to be seen. The countries like UAE, Doha, Qatar, Bahrain, and many other Middle Eastern countries.

KEY MARKET PLAYERS

Cody Pools, Presidential Pools and Spas, Compass Ceramic Pools UK, Concord Pools and Spas, Riverbend Sandler, Albixon, All Seasons Pools, Blue Haven, Jetform Swimming Pools, and Morehead Pools are some of the notable players in the global swimming pool market.

RECENT HAPPENINGS IN THE MARKET

• In April 2022, VOGO and Myrtha Pools, the world's largest pool manufacturer, announced cooperation for the deployment of a connected pool product. The goal of this agreement is to provide a complete video recording and broadcasting solution to Myrtha Pools. This technology is incorporated right into Myrtha Pools' white stainless-steel pools, allowing operators to expand their service offerings to consumers.

DETAILED SEGMENTATION OF THE GLOBAL SWIMMING POOL MARKET INCLUDED IN THIS REPORT

This research report on the global swimming pool market has been segmented and sub-segmented into the following categories.

By Type

• Fiberglass Pool
• Concrete Pool
• Vinyl Liner Pools

By Application

• Residential
• Commercial Swimming Pools
• Public Swimming Pools

By Region

• North America
• Europe 
• Asia Pacific
• Latin America
• The Middle East and Africa