Pool Equipment Market is estimated to grow at a CAGR of over 7.12% During 2024-2030

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The Global Pool Equipment Market size was valued at USD 19.78 billion in 2023 & is estimated to reach around USD 31.14 billion by 2030. Along with this, the market is expected to grow at a CAGR of around 7.12% during the forecast period, i.e., 2024-30.

According to Energy Star, nearly 8.5 million residential pools are installed across the US, and around 200,000 new pools are built annually in the country. This resulted in increasing demand for pool equipment across the region.

According to MarkNtel Advisors study, The Global Pool Equipment Market size was valued at USD 19.78 billion in 2023 & is estimated to reach around USD 31.14 billion by 2030. Along with this, the market is expected to grow at a CAGR of around 7.12% during the forecast period, i.e., 2024-30.

The tourism industry across the globe is witnessing substantial growth owing to rising consumer expenditure. As per the statistics by the World Tourism Organization, in 2023, more than 1,300 million international tourists traveled to different countries, like the UAE, France, Spain, etc. This, surge in international tourist arrival is accentuating the requirement for accommodation facilities. As a result, top companies, like ITC Grand, Radisson Blu, etc., are expanding their hotels & resorts. In 2024, JW Marriott announced the addition of more than 10 new hotels and properties, especially with luxury amenities, such as exquisite food, various room services, spa as well as swimming pools.

Moreover, travelers nowadays book hotels based on the availability of pools & hot tubs. According to the survey conducted by Vivo Aquatics, more than 75% of the users prioritize the presence of pools while booking the hotels. Thus, the hotel groups are ensuring that their new properties have both private as well as common pool availability. This, in turn, is accentuating the demand for equipment such as pumps, filters & heaters, supporting the overall market growth.

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Key Findings in Pool Equipment Market:

 

Historical Years

 

2019-2022

 

Base Years

 

2023

 

Forecast Years

 

2024-2030

 

Key Report Highlights

·         Market Dimensions & Projections

·         Pricing Evaluation,

·         Recent Strategic Moves by Companies,

·         Primary Stakeholders,

·         Analysis of Import and Export Trends,

·         Competitive Landscape Assessment,

·         Emerging Opportunities,

·         Market Trends and Indicators

 

Reports Delivery Format

 

Market research studies from MarkNtel Advisors are offered in PDF, Excel and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address.

 

Pool Equipment Market Key Players:

Fluidra SA, Pentair Plc., WaterCo Ltd, Pool Corporation, Maytronics Ltd, Aqua Products Inc., Hayward Industries Inc., Zodiac Pool Systems Inc., Chemoform AG, Desjoyaux S.A., Emaux Water Technology Co. Ltd., FIJA Group, Guangdong Laswim Pool & Spa Equipment Co., Intex Recreation Corp., Neptune Swimming Pools, NextPool Group, Pleatco LLC, Others

Market Segmentation Overview:

By Component

-Equipment

--Pumps

--Cleaners

--Filters

--Heaters

--Chlorinators

--Pool Lights

--Heat Pumps-

--Sanitization

--Automation

--Others

-Chemicals

-Maintenance/Services

By End User

-Residential

-Commercial

Residential sector holds a substantial market share due to the surging construction of swimming pools in residential buildings, private villas, and apartments. In recent years, the construction of residential buildings and houses has grown considerably due to the growing migration of the population towards the urban areas for employment, education, and improved standard of living. For instances, around 68% of the global population is expected to live in urban areas by 2050, and 90% of global urban migration will be concentrated in Africa and the Asia-Pacific regions only, as reported by the United Nations. In addition, the increasing disposable income is expected to augment home occupancy, which, in turn, would soar the construction of residential buildings and apartments with swimming pools.

By Pool Type

-In-Ground

-Above Ground

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By Region

North America

South America

Europe

The Middle East & Africa

Asia-Pacific

The Pool Equipment Industry Recent Development:

2024: Fluidra SA, announced an investment of more than USD 21.60 million in the technology startups to enhance and automate the pool and wellness sector.

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