According to the latest report by IMARC Group “Swimming Pool Construction Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027″, The global swimming pool construction market size reached US$ 6.7 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 8.4 Billion by 2027, exhibiting a growth rate (CAGR) of 3.9% during 2022-2027.
Swimming pool construction refers to the procedure of building a water-retaining basin for recreational or leisure activities. These structures can be sunk into the ground or constructed above it. Swimming pools involve plumbing and filtration systems, along with a gas heater, lighting system, water purification devices, skimmers, and motors.
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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Market Trends:
A significant expansion in the travel and tourism sector represents the key factor driving the global market growth. Additionally, therising disposable incomes have enabled consumers to improve their standard of living. Attributing to this, there has been an increase in the demand for attractive amenities in residential areas, which is acting as a growth-inducing factor. Moreover, the increasing awareness regarding the health benefits of swimming has led to a rise in the installation of swimming pools in fitness centers, which is creating a positive outlook for the market.
Breakup by Material:
- Concrete
- Fiberglass
- Vinyl Liner
- Steel Frame
Breakup by Construction Type:
- Above-ground
- In-ground
Breakup by End User:
- Residential
- Non-Residential
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Competitive Landscape with Key Player:
- Aloha Pools Pty Ltd
- Aquamarine Pools
- Blue Haven Pools
- Cody Pools Inc.
- Concord Pools and Spas
- Leisure Pools
- Millennium Pools Pvt. Ltd.
- Myrtha Pools
- Natare Corporation
- Platinum Pools
- Presidential Pools
- Spas & Patio
- Southern Poolscapes.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
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