The global demand for Pool & Spa Market is presumed to reach the market size of nearly USD 27.4 MN by 2028 from USD 19.09 MN in 2021 with a CAGR of 5.3% under the study period 2022 - 2028.
Pool & Spa are hot tubs because they are equipped with powered jets that produce pressure in the water. Pool & Spa are usually made of wood, acrylic, concrete or ceramic. Pool & Spa can make a great place for weekend fun get-togethers, poolside parties, and BBQ parties.
The increase in demand for recreational activities and exercise has resulted in the pool & spa market growth. Along with this, growth in the tourism sector and increasing investments in luxury homes have resulted in installing pools and spas for mental and physical relaxation, which may result in the pool & spa rising demand during the forecast period. Moreover, due to the increased use of hydrotherapy bathtubs, the hospitality industry is one of the end users driving the spa market. Additionally, the rising popularity of traditional massage in the region is expected to drive the pool & spa market. However, pools & spas consume a lot of electricity to operate their components or accessories, which may hamper the market growth.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of pool & spa. The growth and trends of pool & spa industry provide a holistic approach to this study.
This section of the pool & spa market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
- Spas (Electric Spas, Steam Baths, Saunas, Hydromassage Bathtubs)
- Pools (Lap Pools, Wading Pools, Heated Pools, Others (Spray Pools, Natural Pools, Zero-Edge Pools))
- Suction Fittings
- Pool Pumps
- Others (Biocides, PH Adjusters, Odor Controllers)
- Stainless Steel
- Others (Concrete, Ceramic)
This section covers the regional outlook, which accentuates current and future demand for the Pool & Spa market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Pool & Spa Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the pool & spa market include Harvia Group (Finland), Pentair (US), Fluidra (Spain), KLAFS GmbH & Co. KG (Germany), TyloHelo (Sweden), Kohler Co. (US), Arctic Spas (Canada), Roca (Spain), Jaquar (India), Bullfrog Spas (US). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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