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North America Hot Tub Market Trends

Report ID: GMI10571
Published Date: Aug 2024
Report Format: PDF

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North America Hot Tub Market Trends

North America, the hot tub industry is experiencing a significant change driven by an increasing focus on health, well-being, and extravagance. Hot tubs are becoming increasingly popular among consumers, not only for leisure, but also for their therapeutic benefits. Consumers seeking stress reduction and physical renewal like features such as hydrotherapy jets, which provide precise muscle relaxation, and aromatherapy options, which enhance the sensory experience.

Furthermore, there is a notable shift toward premium hot tubs with luxurious features. Premium materials are used to improve durability and aesthetics, while innovative massage systems provide maximum comfort and relief. Built-in speakers provide immersive entertainment, and mood lighting creates a peaceful setting. Consumers are willing to invest in products with upscale features that enhance their well-being, lifestyle, and home value.

Authors: Avinash Singh , Sunita Singh

Frequently Asked Questions (FAQ) :

The market size for hot tub in North America reached USD 554.5 million in 2023 and is set to register 4.1% CAGR from 2024 to 2032, owing to increasing wellness trends and health benefits.

North America hot tub industry from the fixed segment will record 4% CAGR through 2032, due to their durability, aesthetic appeal, and seamless integration into outdoor landscapes as a long-term investment.

U.S. market size recorded USD 419.3 million in 2023, attributed to increasing health and wellness emphasis and higher disposable incomes.

American Standard, Bella Group, BRIZO KITCHEN & BATH COMPANY, Bullfrog Spas, CERA Sanitaryware Limited, Freuer Faucets, Jaquar, Kerovit, Kohler Co., and LIXIL Corporation, among others.