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Europe Swimming Pool & Spas Market Size

  • Report ID: GMI4773
  • Published Date: Aug 2024
  • Report Format: PDF

Europe Swimming Pool & Spas Market Size

Europe Swimming Pool & Spas Market size was valued at USD 7.29 billion in 2023 and is anticipated to register a CAGR of over 8% between 2024 and 2032. Technological innovations in pool and spa systems have revolutionized the industry, offering enhanced convenience and efficiency.

 

Smart pools equipped with automated controls allow users to manage temperature, lighting, and cleaning from their smartphones. Energy-efficient pumps and heaters reduce operational costs while minimizing environmental impact. Advanced water treatment systems ensure superior cleanliness with less chemical usage. Additionally, innovations like saltwater chlorination and UV sanitation contribute to healthier and more sustainable pool environments. These technological advancements not only improve the user experience but also increase the appeal of pools and spas to a broader audience, driving market growth.

 

For example, in March 2024, Fluidra, a global leader in connected equipment and solutions for the pool and wellness sector, has announced the launch of Fluidra Ventures, a USD 21 million corporate venture capital fund. This pioneering initiative aims to drive innovation and technological advancement in the pool and wellness industry by investing in startups with transformative solutions.

 

The increasing demand for upscale pool and spa facilities in Europe's hospitality and tourism sector reflects a broader trend towards luxury and high-end experiences. Recent developments underscore this trend, with several prominent hotel chains and resorts investing significantly in their wellness amenities. For example, in February 2023, Marriott International has signed an agreement with Grimit S.r.l. to bring The Ritz-Carlton brand to Italy for the first time. The new Ritz-Carlton, Bellagio will open in 2026 on the shores of Lake Como, one of Italy's most coveted destinations. This development will include 59 guestrooms and 46 suites, a destination spa, dining options, and extensive outdoor amenities, including a large swimming pool and gardens reflecting the local landscape.

 

In Europe, stringent regulatory compliance poses a significant challenge for the swimming pool and spa market. The region enforces strict regulations related to safety, environmental impact, and energy efficiency. For example, pool and spa installations must adhere to rigorous safety standards to protect users, including proper fencing, non-slip surfaces, and regular water quality testing.

 

Additionally, European Union regulations require adherence to environmental guidelines, such as minimizing chemical usage and managing water waste. Energy efficiency standards mandate the use of low-energy pumps and heaters, which can increase initial costs. Navigating these complex regulations can be both time-consuming and expensive for manufacturers and service providers, potentially impacting market entry and increasing operational costs.

 

Authors: Suraj Gujar, Sandeep Ugale

Frequently Asked Questions (FAQ) :

Europe swimming pool & spas market was valued at USD 7.29 Billion in 2023 and is anticipated to register over 8% CAGR between 2024-2032, driven by technological innovations in pool and spa systems, offering enhanced convenience and efficiency.

The movable swimming pool segment accounted for a share of over 49% in Europe swimming pool & spa market in 2023 and will grow rapidly through 2032, due to its versatility and growing appeal among both residential and commercial property owners.

Germany swimming pool & spas market held a revenue share of over 15% in 2023 and will grow rapidly through 2032, driven by the countrys robust economy and high standard of living.

AKVO Spiralift Inc, Bullfrog International LC, Lift', Roca Sanitario, S.A, Variopool Group, Roca Sanitario S.A. among others.

Europe Swimming Pool & Spas Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 16
  • Tables & Figures: 300
  • Countries covered: 12
  • Pages: 210
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