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Swimming Pools and Spas Market Trends

Report ID: GMI7854
Published Date: Jan 2024
Report Format: PDF

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Swimming Pool and Spas Market Trends

The increased emphasis on pleasure and fitness at home is fueling interest in residential pools and spas. The global trend reflects an increasing preference for personal, convenient leisure areas as people seek to establish private oases for relaxation and physical well-being within the comfort of their homes, contributing to an increase in residential pool and spa installations.

The market reacts to increased consumer demand for distinctive and visually appealing pool designs. To improve outdoor aesthetics, homeowners are increasingly seeking bespoke elements, novel forms, and premium finishes. This trend is consistent with a broader lifestyle focus, where pools serve as elegant outdoor spaces that represent individual tastes while also improving the overall visual appeal of residential & commercial premises.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

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.

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.

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.

Intex Recreation Corp., Coast Spas, Villeroy & Boch, Bullfrog Spas, Variopool B.V., Guncast Swimming Pools Limited, and Watkins Wellness.