Global Swimming Pool Market Overview
Swimming Pool Market Size was estimated at 4.93 (USD Billion) in 2022. The Swimming Pool Market Industry is expected to grow from 5.16(USD Billion) in 2023 to 7.71 (USD Billion) by 2032. The Swimming Pool Market CAGR (growth rate) is expected to be around 4.58% during the forecast period (2024 - 2032).
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Key Swimming Pool Market Trends Highlighted
The Swimming Pool Market is expected to experience continued growth in the coming years, driven by factors such as rising disposable income, increasing health consciousness, and growing urbanization. Key market drivers include the popularity of staycations, increased awareness of the physical and mental benefits of swimming, and advancements in pool technology. Emerging trends in the market include the integration of smart features, such as automated pool cleaners and remote water monitoring systems, to enhance convenience and efficiency.
Sustainability is also becoming increasingly important, with manufacturers focusing on developing eco-friendly pool materials and designs. Opportunities for growth lie in the expansion of the market into emerging economies, the development of innovative pool designs to cater to specific customer needs, and the rise of commercial swimming pools in the hospitality and recreation industries.
Swimming Pool Market Drivers
Rising Popularity of Swimming as a Fitness Activity
Swimming has gained immense popularity as a preferred physical activity among people these days, given the innumerable health benefits it offers. It is a low-impact, full-body workout that provides cardiovascular benefits, enhances muscle strength and endurance, and promotes flexibility. Additionally, the raised level of awareness regarding the significance of leading a healthy lifestyle among people has also enhanced the adoption of swimming as a recreational and fitness activity, thereby firing up participation in swimming and the need for swimming pools all over.As a result, the rise in swimming participation has correspondingly boosted the demand for swimming pools, both residential and commercial, thereby influencing the growth of the Swimming Pool Market Industry. In addition, the increasing trend of competitive swimming and the rising number of swimming competitions has further fuelled the growth of the market. An ever-increasing number of training and competitive swimming pools are also being established.
Technological Advancements in Pool Construction and Maintenance
The Swimming Pool Market Industry is evolving and now sees new technological and structural improvements in pool construction and maintenance. Durable, efficient, and consistent in visual appeal, today's swimming pools benefit from the utilization of beneficial materials and methods. Vinyl liners and composite materials help improve the longevity of swimming pools in modern construction, while the introduction of automation and smart technologies addresses maintenance concerns.Automated cleaners and chemical dispensers, alongside temperature control from a device, simplify the process of property care. As a result, the time demand for pool maintenance is decreased, which contributes to an increase in the utility.
Increasing Disposable Income and Growing Urbanization
The rise in disposable income levels, particularly in emerging economies, has enabled more individuals and families to invest in leisure activities, including swimming. As urbanization continues globally, the demand for recreational facilities, such as swimming pools, is growing rapidly. The increasing population density in urban areas has led to the development of multi-family housing complexes, apartments, and condominiums, many of which incorporate swimming pools as a desirable amenity.Moreover, the expanding tourism industry has fueled the construction of swimming pools in hotels, resorts, and vacation homes, catering to the growing number of tourists seeking recreational and relaxation opportunities.
Swimming Pool Market Segment Insights
Swimming Pool Market Pool Type Insights
The Swimming Pool Market is segmented by pool type into In-Ground Pools, Above-Ground Pools, Semi-Inground Pools, Portable Pools, Lap Pools, Infinity Pools, Plunge Pools, and Spa Pools. In-ground pools are the most popular type of pool, accounting for over 50% of the Swimming Pool Market revenue. They are permanent structures that are built into the ground and require significant excavation and construction. In-Ground Pools offer a wide range of customization options, including size, shape, and features such as slides, waterfalls, and spas.Above-Ground Pools are a more affordable option than In-Ground Pools and are easier to install. They are typically made of steel or resin and are placed on a level surface above the ground. Above-ground pools are a good option for smaller backyards or for those who want a pool that can be easily removed or relocated. Semi-Inground Pools are a hybrid of In-Ground and Above-Ground Pools. They are partially buried in the ground, with the walls of the pool extending above the ground level. Semi-Inground Pools offer the benefits of both In-Ground and Above-Ground Pools, including customization options and ease of installation.Portable Pools are the most portable type of pool and can be easily set up and taken down. They are typically made of vinyl or plastic and are available in a variety of shapes and sizes. Portable Pools are a good option for renters or for those who want a pool that can be stored away when not in use. Lap Pools are designed specifically for swimming laps and are typically long and narrow. They are often used by competitive swimmers or for fitness purposes. Lap Pools can be either In-Ground or Above-Ground. Infinity Pools create the illusion of a seamless transition between the pool and the surrounding landscape.They are typically built on a hillside or elevated platform and have one or more sides that overflow into a catch basin. Infinity Pools offer stunning views and are a popular choice for luxury homes. Plunge Pools are small, deep pools that are typically used for cooling off or relaxation. They are often located in small backyards or on patios. Plunge Pools can be either In-Ground or Above-Ground. Spa Pools are designed for hydrotherapy and relaxation. They are typically smaller than swimming pools and have jets that circulate warm water. Spa Pools can be either In-Ground or Above-Ground.The Swimming Pool Market is expected to grow significantly in the coming years, driven by rising disposable income, increasing urbanization, and growing health consciousness. The market is also expected to benefit from technological advancements, such as the development of smart pools and energy-efficient equipment.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Swimming Pool Market Material Insights
Swimming Pool Market is segmented on the basis of material into concrete, vinyl, fiberglass, gunite, and polymer. Concrete accounts for the largest share, as it is long-lasting and can be designed in any shape or size. Comfort and affordability make vinyl popular. Fibreglass is smooth epoxy is relatively easy to maintain, and is becoming increasingly common. Gunite is made up of cement and sand and is well-known for being highly robust and long-lasting. Pools made of polymers, which are made of various plastics in sizes ranging from small to large, are commonly installed owing to their low weight and ease of use.
Swimming Pool Market Purpose Insights
Swimming Pool Market segmentation by purpose includes Residential, Commercial, Recreational, and Therapeutic. The Residential segment accounted for the largest share of the market in 2023 and is expected to continue to dominate the market over the forecast period. The growth of this segment can be attributed to the increasing popularity of swimming pools as a luxury amenity in residential properties. The Commercial segment is expected to witness significant growth over the forecast period, due to the rising demand for swimming pools in hotels, resorts, and other commercial establishments.The Recreational segment is also expected to grow steadily over the forecast period, driven by the increasing popularity of swimming as a recreational activity. The Therapeutic segment is expected to witness moderate growth over the forecast period due to the increasing use of swimming pools for therapeutic purposes, such as rehabilitation and pain relief.
Swimming Pool Market Size Insights
Swimming Pool Market is segmented by size into small (up to 12 feet in diameter), medium (12 to 20 feet in diameter), large (over 20 feet in diameter), and customizable. Small pools are the most popular, accounting for over 50% of the market revenue in 2023. Medium pools are also popular, with a market share of over 30%. Large pools are less common, but they are growing in popularity, especially in commercial applications. Customizable pools are a niche market, but they are growing rapidly as consumers demand more personalized swimming experiences.The growth of the customizable pool market is being driven by the increasing popularity of backyard renovations and the growing number of homeowners who are looking for ways to add value to their homes.
Swimming Pool Market Technology Insights
The Technology segment of the Swimming Pool Market holds significant importance, driven by advancements in technology and increasing demand for efficient and convenient pool maintenance. Automatic Pool Covers offer protection from debris, evaporation, and heat loss, leading to energy savings and reduced maintenance costs. Pool Heaters extend the swimming season and enhance comfort, particularly in regions with cooler climates. Pool Automation Systems provide centralized control over filtration, heating, and lighting, offering convenience and efficiency.Water Filtration and Treatment Systems ensure clean and safe pool water, meeting regulatory standards and protecting swimmers' health. Lighting and Landscaping enhance the aesthetic appeal of swimming pools, creating a relaxing and inviting ambiance. The Swimming Pool Market is expected to grow steadily in the coming years, with the Technology segment playing a crucial role in shaping market dynamics and driving growth.
Swimming Pool Market Regional Insights
The regional segmentation of the Swimming Pool Market offers valuable insights into market dynamics and growth opportunities. North America and Europe are anticipated to remain the dominant regional markets, driven by increasing disposable income, homeownership rates, and a focus on outdoor living. The Asia-Pacific (APAC) region is projected to witness significant growth, fueled by rapid urbanization, rising middle-class population, and growing demand for luxury swimming pools. South America and the Middle East and Africa (MEA) markets are expected to experience steady growth, driven by increasing tourism and hospitality sectors and a growing awareness of the benefits of swimming.By 2024, the Swimming Pool Market revenue is estimated to reach USD 5.7 billion, with regional markets exhibiting diverse growth patterns based on economic, demographic, and cultural factors.".
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Swimming Pool Market Key Players And Competitive Insights
Major players in Swimming Pool Market industry are constantly striving to gain a competitive edge by introducing innovative products and expanding their global reach. Leading Swimming Pool Market players are focusing on developing advanced filtration systems, energy-efficient pumps, and smart pool control technologies to meet the evolving needs of customers. The Swimming Pool Market development is being driven by increasing urbanization, rising disposable income levels, and growing awareness about the health benefits of swimming. Competitive Landscape of Swimming Pool Market is expected to intensify further as new entrants enter the market and existing players expand their product portfolios.Pentair is a leading global provider of water treatment and fluid handling solutions, including a wide range of swimming pool products. The company's comprehensive portfolio includes pumps, filters, heaters, cleaners, and automation systems. Pentair has a strong presence in North America, Europe, and Asia and is committed to innovation and customer satisfaction. The company's focus on research and development has resulted in the launch of several innovative products, including the IntelliFlo VS+ variable-speed pump and the Pentair ScreenLogic Connect pool control system. Pentair's commitment to quality and customer service has earned it a reputation as a trusted and reliable partner in the swimming pool industry.Hayward Industries is another major player in the Swimming Pool Market industry. The company offers a comprehensive suite of swimming pool products, including pumps, filters, heaters, cleaners, and lighting. Hayward is known for its innovative products and commitment to customer satisfaction. The company's research and development team has developed several award-winning products, including the TriStar VS variable-speed pump and the AquaConnect pool control system. Hayward has a strong presence in North America and Europe and is expanding its reach into other regions. The company's focus on innovation and customer service has made it a preferred choice for swimming pool professionals and homeowners alike.
Key Companies in the Swimming Pool Market Include
- Pentair
- Supreme Pools
- AstralPool
- Hayward
- Waterco
- Zodiac
- Gecko Alliance
- APG
- Derby Swimming Pools
- Fluidra
- Emaux
- Swimquip
- Compass Pools
- Latham International
- Beijing Puhua
Swimming Pool Market Industry Developments
The Swimming Pool Market is projected to reach USD 7.71 billion by 2032, exhibiting a CAGR of 4.58% during the forecast period. Increasing disposable income and rising urbanization are driving the market growth. Technological advancements, such as the development of smart pools and automated cleaning systems, are also contributing to market expansion. Key market players are focusing on product innovation and strategic partnerships to gain a competitive edge. Recent news developments include the launch of a new range of eco-friendly swimming pools by a major manufacturer and the acquisition of a leading pool equipment supplier by a global conglomerate. These developments indicate the growing demand for sustainable and advanced swimming pool solutions.
Swimming Pool Market Segmentation Insights
Swimming Pool Market Pool Type Outlook
- In-Ground Pools
- Above-Ground Pools
- Semi-Inground Pools
- Portable Pools
- Lap Pools
- Infinity Pools
- Plunge Pools
- Spa Pools
Swimming Pool Market Material Outlook
- Concrete
- Vinyl
- Fiberglass
- Gunite
- Polymer
Swimming Pool Market Purpose Outlook
- Residential
- Commercial
- Recreational
- Therapeutic
Swimming Pool Market Size Outlook
- Small (up to 12 feet in diameter)
- Medium (12 to 20 feet in diameter)
- Large (over 20 feet in diameter)
- Customizable
Swimming Pool Market Technology Outlook
- Automatic Pool Covers
- Pool Heaters
- Pool Automation Systems
- Water Filtration and Treatment Systems
- Lighting and Landscaping
Swimming Pool Market Regional Outlook
- North America
- Europe
- South America
- Asia-Pacific
- Middle East and Africa
| Report Attribute/Metric |
Details |
| Market Size 2022 |
4.93(USD Billion) |
| Market Size 2023 |
5.16(USD Billion) |
| Market Size 2032 |
7.71(USD Billion) |
| Compound Annual Growth Rate (CAGR) |
4.58% (2024 - 2032) |
| Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Base Year |
2023 |
| Market Forecast Period |
2024 - 2032 |
| Historical Data |
2019 - 2022 |
| Market Forecast Units |
USD Billion |
| Key Companies Profiled |
Pentair, Supreme Pools, AstralPool, Hayward, Waterco, Zodiac, Gecko Alliance, APG, Derby Swimming Pools, Fluidra, Emaux, Swimquip, Compass Pools, Latham International, Beijing Puhua |
| Segments Covered |
Pool Type, Material, Purpose, Size, Technology, Regional |
| Key Market Opportunities |
Growing urban population Rising disposable income Technological advancements Health and wellness trend Increasing adoption of smart home technology. |
| Key Market Dynamics |
Rising consumer disposable income, the growing popularity of backyard living, increasing urbanization technological advancements and government regulations |
| Countries Covered |
North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The Swimming Pool Market is projected to reach USD 5.16 billion in 2023, indicating a promising growth trajectory.
The Swimming Pool Market is poised to expand at a steady Compound Annual Growth Rate (CAGR) of 4.58% during the forecast period.
North America is anticipated to maintain its dominance in the Swimming Pool Market, with a significant share due to the high adoption of swimming pools in residential and commercial sectors.
Swimming pools find diverse applications, including recreational activities, fitness and wellness, therapeutic purposes, and aesthetic enhancements in residential and commercial properties.
Key players in the Swimming Pool Market include Pentair, Hayward Industries, Zodiac Pool Systems, and Fluidra, among others, who hold a substantial market share.
The growing demand for recreational activities, increasing disposable income, and rising popularity of staycations are key factors propelling the growth of the Swimming Pool Market.
Challenges faced by the Swimming Pool Market include fluctuating raw material costs, supply chain disruptions, and stringent government regulations, which may impact market growth.
The Swimming Pool Market is witnessing trends such as the integration of smart technologies, eco-friendly practices, and customized pool designs, which are shaping the future of the industry.
The COVID-19 pandemic had a significant impact on the Swimming Pool Market, leading to supply chain disruptions and project delays. However, the market is rebounding as restrictions ease and demand for home improvement projects increases.
The Swimming Pool Market is expected to continue growing steadily in the coming years, driven by increasing urbanization, rising disposable income, and technological advancements that enhance pool functionality and aesthetics.
