Swimming Pool Market to Grow by USD 7.28 Billion by 2029, Increasing Demand for Luxurious Lifestyles Boosts Market, AI-Powered Market Evolution Report - Technavio

NEW YORK, Feb. 4, 2025 /PRNewswire/ -- Report on how AI is driving market transformation - The global swimming pool market size is estimated to grow by USD 7.28 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of  4.4%  during the forecast period. Increasing demand for luxurious lifestyles is driving market growth, with a trend towards high growth in tourism industry. However, high installation and maintenance costs of swimming pool  poses a challenge. Key market players include Confer Plastics Inc., Finish Thompson Inc., FLUIDRA SA, Guangdong LASWIM Water Environment Equipment Co.Ltd., H.C. Harrington Co.Inc., Hayward Holdings Inc., Jumpking International LLP, Masco Corp., Pentair Plc, Pleatco LLC, Pool Tool Co., Readymade Pool, Rheem Manufacturing Co., SwimEx Ltd., Swimline, The Specialty Mfg. Co., Therm Products division of HydroQuip inc., Val-Pak Products, Valterra Products LLC, and Waterco Ltd..

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Market Driver

The Swimming Pool market is experiencing unprecedented growth due to the increasing demand for residential and commercial pools. Residential structures, such as homes and luxury bungalows, are incorporating swimming pools as attractive amenities to boost property value. Similarly, hotels, urbanization projects, and wellness centers are investing in swimming pools to offer better lifestyle experiences to consumers. The market comprises various components and accessories including raw materials like PVC plastic, galvanized steel, metal, fiberglass, concrete, and polyurethane foam. Major players in the market include Intex Recreation, Finish Thompson, Hayward Pool, Valterra Products, Therm Products, Aladdin Equipment, Pentair, SunRunner Pool, Pleatco, and others. The distribution network includes agents, distributors, and consumers. Swimming pools are used for various purposes such as leisure activities, relaxation, training, and even therapeutic purposes like hydrotherapy and spa baths. The market caters to both residential and commercial sectors, including hotels, resorts, and public swimming pools. The economic slowdown has not affected the market's dominant position, as swimming pools continue to be a desirable luxury. Swimming pools come in various designs, sizes, and shapes, including rectangular, uniform depth, stepped depth, customized designs, children's pools, paddling pools, infinity pools, and more. The market also caters to specific niches like water parks, cruise ships, and testbed pools for athletes, military personnel, lifeguards, and scuba divers. The market's downstream demand is driven by the rising income and economic independence of consumers, increasing spending power, and the growing trend of wellness travels and global tourism. Swimming pools offer a natural feel and are used for adventure activities, relaxation, and hygiene issues. The market also includes equipment for heating technology, filtration, and maintenance. Overall, the Swimming Pool market is a lucrative and growing industry that caters to various sectors and offers a range of benefits to consumers. 

The swimming pool market is experiencing significant growth due to the increasing focus on providing superior amenities in tourist accommodations. Hotels, resorts, and vacation properties are investing in both indoor and outdoor pools to enhance the guest experience. The rise of wellness tourism has further boosted demand for swimming pools, as travelers seek destinations offering relaxation, exercise, and rejuvenation. Consequently, hotels and resorts are expanding their spa facilities, which frequently include swimming pools as a key feature. Additionally, cruise ships have recognized this trend and are incorporating pools into their offerings to cater to passengers' leisure and relaxation needs. 

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 Market Challenges

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Segment Overview 

This swimming pool market report extensively covers market segmentation by  

1.1 Construction-  The global swimming pool market's construction segment is experiencing notable growth, driven by increased activity in both residential and commercial sectors. In the residential market, homeowners invest in custom pool designs to boost property value and enhance lifestyle. Collaboration with homeowners includes selecting pool size, shape, water features, lighting, and landscaping. Commercial pool construction caters to industries like hospitality, leisure, and wellness, where innovative designs attract customers. Meticulous planning ensures safety, durability, and brand aesthetics. Water parks, theme parks, and public swimming complexes seek unique experiences through cutting-edge designs. The construction of new buildings with amenities like swimming pools and gyms fuels market growth during the forecast period.

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Research Analysis

The swimming pool market is experiencing unprecedented growth, driven by the increasing demand for residential and commercial pools. Residential pools continue to be popular, with homeowners seeking to enhance their living standards and create luxurious backyard retreats. Commercial pools, on the other hand, are a staple in wellness centers, hotels, and urban infrastructure construction projects. Raw materials used in swimming pool construction include PVC plastic, galvanized steel, metal, fiberglass, concrete, and polyurethane foam. Residential structures, hotels, and urbanization projects are the primary consumers of these materials. The swimming pool market is witnessing a dominant position of commercial pools, with the sector accounting for a significant market share. Economic slowdowns have not deterred the growth of this industry, as swimming pools are considered essential amenities. Key materials used in commercial pool construction include PVC plastic, galvanized steel, metal, fiberglass, concrete, and polyurethane foam. Companies such as Intex Recreation, Finish Thompson, Hayward Pool, Valterra Products, Confer Plastics, Therm Products, Aladdin Equipment, Pentair, SunRunner Pool, and Pleatco are major players in the swimming pool market. However, the focus is shifting towards sustainable and eco-friendly pool solutions, which is expected to bring new opportunities for market players. The future of the swimming pool market looks promising, with continued growth and innovation expected in the years to come.

Market Research Overview

The swimming pool market is experiencing unprecedented growth due to the increasing demand for lifestyle amenities in both residential and commercial sectors. Distribution of swimming pool components and accessories includes raw materials like PVC plastic, galvanized steel, metal, fiberglass, concrete, and polyurethane foam. Residential pools and commercial pools are the two main categories, with wellness centers, hotels, and urbanization being significant end-users. Infrastructure construction, economic independence, and rising income are driving factors. Swimming pools offer attractive amenities for property buyers, including gym facilities, spa baths, and hydrotherapy. Downstream demand comes from consumers, distributors, agents, and investors. Swimming pool construction includes materials like stone, plastic, and customized designs, including rectangular, uniform depth, stepped depth, children's pools, paddling pools, infinity pools, and Water Parks. Commercial pools hold a dominant position, with hotels, resorts, and public swimming pools being major contributors. The market includes companies like Intex Recreation, Finish Thompson, Hayward Pool, Valterra Products, Therm Products, Aladdin Equipment, Pentair, SunRunner Pool, Pleatco, and others. The market faces challenges from economic slowdowns, decreased tourism, and budget cuts. However, the market continues to grow, driven by the demand for luxury residential pools, lifestyles amenities, and adventure activities.

Table of Contents:

1 Executive Summary2 Market Landscape3 Market Sizing4 Historic Market Size5 Five Forces Analysis6 Market Segmentation

7 Customer Landscape8 Geographic Landscape9 Drivers, Challenges, and Trends10 Company Landscape11 Company Analysis12 Appendix

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SOURCE Technavio