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Players operating in the market focus on implementing different growth strategies to strengthen their offerings and expand their market reach. These strategies involve new product developments & launches, partnerships & collaborations, mergers & acquisitions, and customer retention. These players also heavily invest in research & development to introduce innovative and technologically advanced solutions in the market.
Some of the major players operating in the swimming pool and spas industry are
The swimming pool and spas industry was valued at over USD 2 billion in 2023 and is anticipated to record over 7.5% CAGR between 2024 & 2032, owing to the advancements in pool & spa technology, providing novel features such as energy-efficient systems, smart automation, and water conservation solutions.
Europe swimming pool and spas industry share was over 30% in 2023 and will grow significantly through 2032 due to the growing focus on leisure and wellness-oriented living.
The pool accessories segment is anticipated to register over 8.5% CAGR from 2024 to 2032 due to the consumer demand for products that improve pool visual appeal, comfort, and entertainment.
Intex Recreation Corp., Coast Spas, Villeroy & Boch, Bullfrog Spas, Variopool B.V., Guncast Swimming Pools Limited, and Watkins Wellness.