ID: MRFR/CR/8940-CR | February 2021 | Region: Global | 100 pages
Global Above Ground Pools Market is projected to register a CAGR of 4.95% and reach USD 3,646.31 Million by 2026. Above ground pools are recreational pool structures that can be reassembled and disassembled. The global above ground pools market is expected to grow at a significant pace during the forecast period. Compared to conventional swimming pools and the mounting real estate industry, the benefits of above ground pools are the prime factors driving the market growth. Continuous innovations by market players in terms of material, design, and features followed by the growing organized retail sector in emerging economies are expected to create several growth opportunities for players in the global market. However, hazards related to recreational water environments is anticipated to hamper the growth of the market in the coming years.
Global Above Ground Pools Market is expected to register significant growth during the forecast period. Above ground pools are highly portable and easy to install. They are typically put together using a kit and are relatively straightforward and handy for a person to install. Also, they are quick to remove, easy to repair, and have low-cost maintenance in comparison to inground cemented pools. One of the major advantages of above ground pools is that they are extremely low in cost than traditional pools. Thus, the people looking for cost-effective and space restrict the option of swimming pool in their back yard prefer above ground pools over the inground swimming pools. Moreover, as the above ground pools are higher off the ground, it is safe for children and pets to be around. According to the Association of Pool & Spa Professionals, there are about 5 million inground pools in the US, compared to about 3.5 million above ground pools in 2019. The market for above ground pools has grown faster in recent years for the benefits it holds in comparison to inground pools. However, hazards related to the recreational water environment are expected to restrain the market growth. There is a risk of illness or infection associated with swimming pools and similar recreational water environments due to fecal contamination of the water. Moreover, the chemical hazard is also a cause of concern for many users. There are three chief routes of exposure to chemicals in swimming pools like direct ingestion of the water, inhalation of volatile or aerosolized solutes and dermal contact, and absorption through the skin. Thus, the fear of related hazards by exposure to recreational water environments acts as a restraint for the growth of the above ground pools market.
Global Above Ground Pools Market Revenue, By Distribution Channel, 2026 (Million USD)
Sources: MRFR Analysis
On the basis of distribution channel, the global above ground pools market has been divided into store-based and non-store-based. The store-based segment is expected to dominate the global market and reach USD 3,313.26 million by the end of 2026. While the non-store-based segment is projected to register the highest CAGR of 5.25% during 2020-2026. Non-store-based distribution channels include e-commerce. The manufacturers distribute above ground pools either through various online shopping sites or their websites, where they can showcase a wide range of products. Companies launching new products face difficulties in reaching consumers in different regions through brick-and-mortar stores.
Global Above Ground Pools Market Share, By Region, 2019 (%)
Sources: MRFR Analysis
North America is expected to constitute a dominant share of the above ground pools market during the forecast period. The region accounted for a 47.33% share of the market in 2019. The US is among the major contributors to the growth of the North America market. The market in the region is projected to register a significant CAGR of 4.90% during the forecast period of 2020 to 2026. The concept of above ground pools is well known and popular among the population, which is one of the factors for the largest market size of the region. The US is the major contributing country to the sales of above ground pools in North America.
Prominent players in the Global Above Ground Pools Market include Fitmax Inc. (US), Mountfield a.s. (Czech Republic), Fluidra S.A (Australia), Bestway Global Holding Inc. (Hongkong), Atlantic Pool Products. (Canada), Aqua Leader (Canada), Wilbar International, Inc. (US), Intex Recreation Corp. (US), Splash SuperPools, Ltd (US), Cornelius (US), Torrente Industrial (Spain), Doughboy Pools (US), Starmatrix Group Inc. (China), TRIGANO JARDIN (France), Waterman GmbH (Germany), and Arcana Pool Systems GmbH (Austria).
Players operating in the global above ground pools market are focusing on strengthening their geographic footprints by expansion and investing in R&D.
Global Above Ground Pools Market, By Type
Global Above Ground Pools Market, By Shape
Global Above Ground Pools Market, By Distribution Channel
Global Above Ground Pools Market, By Region