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Hot Tub Market Share

Report ID: GMI8620
Published Date: Mar 2024
Report Format: PDF

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Hot Tub Market Share

These prominent companies are proactively involved in strategic endeavors including mergers & acquisitions, facility expansion, and partnerships to diversify their product offerings, expand their customer reach, and solidify their market position. Together, the top five mentioned companies collectively possess a market share ranging between 5% to 10%. They consistently allocate resources to research & development, enhancing their products and integrating innovative technologies to maintain a competitive edge.

Hot Tub Market Companies

Major companies operating in the hot tub industry include:

American Standard
Bella Group
BRIZO KITCHEN & BATH COMPANY.
Bullfrog Spas
Canadian Spa UK
CERA Sanitaryware Limited.
Freuer Faucets
Jaquar
Kerovit
Kohler Co.
LIXIL Corporation
Masco Corporation
Moen Incorporated
Roca Sanitario S.A
Villeroy & Boch AG
VITRA INTERNATIONAL AG.
Wenzhou Liangsha Sanitary Ware Co.Ltd.
Zurn Industries LLC

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of hot tub reached USD 4.3 billion in 2023 and is set to witness 4% CAGR from 2024 to 2032, owing to the increasing focus on health, wellness, and home leisure activities, leading to growing demand for home relaxation spaces, including hot tubs worldwide.

The above-ground hot tub segment recorded USD 2.2 billion in 2023, due to being more affordable than in-ground models.

North America market reached USD 1.4 billion in 2023, attributed to the desire for relaxation, wellness, and lifestyle enhancement among consumers in the region.

Bullfrog Spas, Canadian Spa UK, CERA Sanitaryware Limited., Freuer Faucets, Jaquar, Kerovit, Kohler Co., LIXIL Corporation, Masco Corporation, Moen Incorporated, Roca Sanitario S.A, Villeroy & Boch AG, and VITRA INTERNATIONAL AG., are some of the major hot tub companies worldwide.