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.

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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

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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

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