MarkNtel Advisors recently published a detailed industry analysis of the Global Pool Equipment Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
Global Pool Equipment Market, Share, and Trends Analysis Report – Industry Overview and Forecast to 2030
The 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., 2025-30.
What are the major Driver the Global Pool Equipment industry?
Increasing Establishment of Hotels & Resorts Globally – 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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What segments define the Global Pool Equipment Market from 2025 to 2030? How do these segments contribute to market dynamics and growth?
By Component
- Equipment- Market Size & Forecast 2020-2030, USD Million & Thousand Units
- Pumps- Market Size & Forecast 2020-2030, USD Million & Thousand Units
- Cleaners- Market Size & Forecast 2020-2030, USD Million & Thousand Units
- Filters- Market Size & Forecast 2020-2030, USD Million & Thousand Units
- Heaters- Market Size & Forecast 2020-2030, USD Million & Thousand Units
- Chlorinators- Market Size & Forecast 2020-2030, USD Million & Thousand Units
- Pool Lights- Market Size & Forecast 2020-2030, USD Million
- Heat Pumps-- Market Size & Forecast 2020-2030, USD Million & Thousand Units
- Sanitization- Market Size & Forecast 2020-2030, USD Million
- Automation- Market Size & Forecast 2020-2030, USD Million
- Others- Market Size & Forecast 2020-2030, USD Million & Thousand Units
- Chemicals- Market Size & Forecast 2020-2030, USD Million
- Maintenance/Services- Market Size & Forecast 2020-2030, USD Million
By End User
- Residential- Market Size & Forecast 2020-2030, USD Million
- Commercial- Market Size & Forecast 2020-2030, USD Million
According to report, 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.
By Pool Type
- In-Ground- Market Size & Forecast 2020-2030, USD Million
- Above Ground- Market Size & Forecast 2020-2030, USD Million
According to report, In-Ground held a prominent market share as compared to above-ground pools in the Global Pool Equipment Market owing to the long-lasting durability of the pools.
Explore the Complete Global Pool Equipment Market Analysis Report – https://www.marknteladvisors.com/research-library/global-pool-equipment-market.html
Geographical Analysis: Global Pool Equipment Market
By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Global Pool Equipment Market Share & Competitive Landscape:
The Pool Equipment Market is characterized by intense competition, with several key players driving growth through innovation, market expansion, and strategic investments. The competitive landscape provides valuable insights into the industry's leading companies, highlighting their strengths, financial performance, and market influence.
Leading Companies in the Global Pool Equipment Market are:
- Fluidra SA
- Pentair Plc
- WaterCo Ltd
- Maytronics Ltd
- Aqua Products Inc.
- Hayward Industries Inc.
- Zodiac Pool Systems Inc.
- CF Group
- Desjoyaux S.A.
- Emaux Water Technology Co. Ltd.
- Guangdong Laswim Pool & Spa Equipment Co.
- NextPool Group
- Raypak
The Global 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.
- 2023: WaterCo Ltd, announced the acquisition of Davey Water Products to become a global leader in the water technology industry.
Questions Addressed in this Study
1.What factors are driving the Global Pool Equipment Market growth?
2.How is the Global Pool Equipment Market expected to grow over the next five years?
3.What are the key insights into the current trends in the Global Pool Equipment Market?
4.What is the current size of the Global Pool Equipment Market, and how is it projected to change in the future?
6.What is the future outlook for the Global Pool Equipment Market in terms of technological advancements and market expansion?
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Why MarkNtel Advisors?
MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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