swimming-pool-construction-market

Swimming Pool Construction Market By Type (In-Ground Swimming Pool, Indoor Swimming Pool, Swimming Pond), By Application (Residential, Non-Residential) - Growth, Future Prospects & Competitive Analysis, 2018 – 2026

18 Sep 2018 Format PDF icon PPT icon XLS icon Request Sample

1.   Market Excerpt

2.   Rising demand for luxurious residential apartments and booming hotel  and tourism sector are increasing new swimming pool constructions

The global construction industry is steadily recovering and rising income level is motivating people across the world to invest in luxurious apartments. Facilities available in residential complexes such as swimming pool, club house, gyms etc are influencing buyers’ decision during purchase of new home. Moreover, builders are increasingly providing such amenities in their residential projects to attract buyers. In addition, growing tourism business with rising number of international tourists visiting major tourist places across the world. According to “The World Tourism Organization’s UNWTO World Tourism Barometer” number of international tourist arrivals increased by notable 7% in 2017 to register a total of 1,332 million visitors. In addition, major tourism countries across the world are increasing their budget for tourism promotion activities. All these are motivating factors for hotel industry and expected to increase numbers hotels and spa resorts with the thriving number of tourists and increasing output. In addition, increasing construction of public swimming pools by government institutes as well as by private players also expected to support the growth of swimming pool construction market over the forecast period from 2018 to 2026.

The global market for swimming pool construction was valued at US$ 38.2 Bn in 2017 which is expected to grow at a CAGR of 3.8% throughout the forecast period from 2018 to 2026.

"Asia Pacific is expected to witness fastest growth in swimming pool construction with rising number of international tourists and increasing construction of luxurious apartments"

Growing tourism industry particularly in Southeast Asia countries as well as development of luxurious residential complexes with all modern amenities in major countries such as India, China and others are primary factor for increasing swimming pool constructions in Asia Pacific.

Asia Pacific is the second largest region in terms of international tourists in the world after Europe and observing fastest growth in the past few years. In 2016, number of international tourist visits increased by remarkable 9% which is the highest growth compared to other regions. According to UNWTO about 308 million international tourists visited countries in Asia Pacific region. Including 2017, the region has observed eight straight years of constantly healthy growth.  In 2017, South-East Asia, Oceania, and North-East Asia all enjoyed notable growth 9% growth and South Asia of 8%. South Asia and South-East Asia are the fastest-growing destinations in terms of international tourist visits in the world and observed an average 11% and 8% growth per year respectively during period 2005 to 2016.

Rising construction of luxurious apartments in major countries such India, China and others is also expected to support the growth of swimming pool construction industry in the region. In the last decade, with rising income level and shifting trend towards living lavish life has increased the demand for luxurious apartments with modern amenities. This has motivated builders to develop luxurious residential complexes with all modern facilities including swimming pool, gym, club house, garden etc. This trend is expected to continue over the forecast period from 2018 to 2026.

"In ground swimming pools are most popular type of swimming pools globally"

In ground swimming pool is a prolonged trend in the industry. Most of the homeowners have in ground swimming pools. Most of the contractor have received request for in ground swimming pool construction globally. Nowadays, customers are requesting for customized in ground pools with special amenities such as pool deck, lighting, temperature control etc.  

"The global swimming pool construction industry is fragment in a nature with large number of local players in reach regional market"

The global swimming pool industry is characterized as highly competitive and fragmented in a nature. In each region market is dominated by local players. Swimming pool construction contractor are focusing on developing partnerships with aquatic sport associations, leading hotel and spa chains; and builders in order to strengthen their foothold and sustainability. Recently, World’s recognized swimming pool installation company has partnered with Swimming Matters, a brand of Winning Matters Consulting Private Limited, in order to provide better and safe infrastructure for swimmers in India. We have profiled some major players in this research study includes Southern Poolscapes, Blue Haven Pools & Spas, Cody Pools Corporate, Platinum Pools, Presidential Pools and Spas, Concord Pools & Spas, Riverbend Sandler Pools, Morehead Pools, Natare Corporation, Albixon, Falcon Pool, Alba Pools Compass Ceramic Pools UK, Jetform Swimming Pools, Roman Pools, Myrtha Pools and others.

"Why it is recommended to invest in our swimming pool construction market research study?"

This research report on swimming pool construction market include in-depth analysis of market dynamics and trends in the global industry. This study also provides exhaustive analysis of different types of swimming pool construction market and demand in different application segments. The report includes major market driving and limiting factors affecting the growth of global swimming pool construction market. The research study on swimming pool construction also provides qualitative as well quantitative analysis of segments and sub-segments included in the scope of the study. This research study also identifies key attractive segments in the global swimming pool construction market. This study also includes high level analysis of swimming pool construction industry which include key player positioning, value chain analysis and investment preposition. The report also includes profiles of major swimming pool installation service providers.

Historical & Forecast Period

This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Swimming Pool Construction market are as follows:

  • Research and development budgets of manufacturers and government spending
  • Revenues of key companies in the market segment
  • Number of end users and consumption volume, price and value.
  • Geographical revenues generate by countries considered in the report
  • Micro and macro environment factors that are currently influencing the Swimming Pool Construction market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

ATTRIBUTE DETAILS
Research Period  2022-2032
Base Year 2023
Forecast Period  2024-2032
Historical Year  2022
Unit  USD Million
Segmentation
Type
  • In-ground Swimming Pool
    •     In-ground Vinyl Swimming Pool
    •     In-ground Glass Swimming Pool
    •     In-ground Concrete Swimming Pool
  • Indoor Swimming Pool
  • Swimming Pond

Application
  • Residential
  • Non-residential
    •     Commercial Swimming Pools
    •     Public Swimming Pools

 Region Segment (2022-2032; US$ Million)

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • UK and European Union
    • UK
    • Germany
    • Spain
    • Italy
    • France
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • GCC
    • Africa
    • Rest of Middle East and Africa

Key questions answered in this report

  • What are the key micro and macro environmental factors that are impacting the growth of Swimming Pool Construction market?
  • What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
  • Estimated forecast and market projections up to 2032.
  • Which segment accounts for the fastest CAGR during the forecast period?
  • Which market segment holds a larger market share and why?
  • Are low and middle-income economies investing in the Swimming Pool Construction market?
  • Which is the largest regional market for Swimming Pool Construction market?
  • What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
  • Which are the key trends driving Swimming Pool Construction market growth?
  • Who are the key competitors and what are their key strategies to enhance their market presence in the Swimming Pool Construction market worldwide?
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