Global Swimming Pool Equipment Market Size By Type (General Swimming Pool, Warm Water Swimming Pool), By Application (Bodybuilding, Entertainment), By Region, And Segment Forecasts, 2023 to 2031
Report Id: 18004 | Published Date: Feb 2023 | No. of Pages: | Base Year for Estimate: Feb 2023 | Format:
The Global Swimming Pool Equipment Market
was valued at USD 10.3 billion in 2023 and is projected to reach USD 15.8
billion by 2031, registering a CAGR of 5.5% during the forecast period from
2023 to 2031. The growth of the swimming pool equipment market is primarily
driven by rising consumer interest in home leisure activities, increased
urbanization, and the expansion of the residential sector. A growing trend
towards wellness and fitness, alongside investments in hospitality,
particularly in luxury hotels and resorts, is further accelerating the market
growth.
Drivers:
Growing Demand for Home Leisure: Increased
investments in home leisure and recreational activities are a significant
driver of the swimming pool equipment market. Homeowners are investing in pools
as a means to improve property value and enhance their at-home entertainment.
Expansion of the Hospitality Sector: Hotels
and resorts are increasingly focusing on creating luxurious amenities,
including swimming pools, to attract more customers. This expansion is fueling
the demand for high-quality pool equipment.
Rising Health and Wellness Trends: The
growing focus on fitness and wellness has led to a surge in the construction of
fitness centers, including those with swimming pools. As people increasingly
engage in swimming for health benefits, demand for pool maintenance and
equipment is rising.
Restraints:
High Initial Costs: The initial investment
in building and equipping a swimming pool can be prohibitive, especially for
middle-class homeowners. This factor restrains market growth in certain
regions.
Strict Regulatory Requirements: Pool
construction and equipment are subject to stringent health and safety
regulations. Compliance with these regulations adds complexity and cost, which
could hinder market expansion.
Opportunities:
Rising Demand for Smart Pool Equipment: The
market is witnessing an increase in demand for smart, automated pool equipment
such as automated cleaning systems, energy-efficient pumps, and smart water
testing kits. These technologies present significant growth opportunities for
market players.
Emerging Markets: The increasing disposable
incomes and urbanization in developing countries present growth opportunities.
In these regions, luxury homes and recreational facilities are increasingly
featuring swimming pools, expanding the market.
Market
by System Type Insights:
Based on system type, pool pumps and
filters accounted for the largest market share in 2023, driven by the essential
role they play in maintaining clean and safe water conditions. However, smart
pool maintenance equipment is projected to grow at the highest CAGR during the
forecast period due to increasing consumer preference for automation.
Market by End-Use Insights:
The residential segment dominated the
market in 2023, accounting for over 60% of the revenue. Homeowners are
increasingly investing in backyard pools as part of home improvement and
leisure. The commercial segment (hotels, resorts, and fitness centers) is also
expected to witness significant growth due to ongoing investments in the
hospitality industry.
Market
by Regional Insights:
Geographically, North America led the
global swimming pool equipment market in 2023, attributed to the high number of
residential pools and luxury hotels. However, the Asia-Pacific region is
expected to experience the highest growth rate during the forecast period,
supported by urbanization, rising disposable incomes, and increasing
investments in luxury real estate and hospitality.
Competitive
Scenario:
Key players in the global swimming pool
equipment market include Hayward Industries, Pentair, Fluidra, Intex Corp., and
Zodiac Pool Systems. These companies are focusing on technological innovations
and product differentiation to cater to the growing demand for smart and
energy-efficient pool equipment.
Scope
of Work – Global Swimming Pool Equipment Market
Report
Metric |
Details |
Market Size (2023) |
USD 10.3 billion |
Projected Market Size (2031) |
USD 15.8 billion |
CAGR (2023-2031) |
5.5% |
Key Segments |
System Type, End-Use, Region |
Growth Drivers |
Home Leisure, Hospitality Expansion,
Health Trends |
Opportunities |
Smart Pool Equipment, Emerging Markets |
Key
Market Developments:
2023: Hayward Industries introduced a range
of energy-efficient pool pumps designed to reduce electricity consumption by up
to 70%.
2024: Fluidra partnered with a leading IoT
company to develop smart pool monitoring systems integrated with mobile
applications.
2025: Pentair announced the acquisition of
a start-up specializing in AI-based pool maintenance technology.
FAQs
What is the current market size of the
Global Swimming Pool Equipment Market?
The Global Swimming Pool Equipment Market
was valued at USD 10.3 billion in 2023.
What is the major growth driver of the
Global Swimming Pool Equipment Market?
The major growth driver is the increasing
demand for home leisure and the expansion of the hospitality sector.
Which is the largest region during the
forecast period in the Global Swimming Pool Equipment Market?
North America is the largest region in
2023, but Asia-Pacific is expected to grow at the highest rate.
Which segment accounted for the largest
market share in the Global Swimming Pool Equipment Market?
The pool pumps and filters segment
accounted for the largest market share in 2023.
Who are the key market players in the
Global Swimming Pool Equipment Market?
Key players include Hayward Industries,
Pentair, Fluidra, Intex Corp., and Zodiac Pool Systems.
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