Technavio, a tech-focused market research firm, has published a new report on the global swimming pool market, which is expected to grow at a CAGR of close to 4% during the forecast period, 2017-2021.
Based on geographical segmentation, Technavio market researchers categorize the global swimming pool market into the following key regions: the Americas, APAC, and EMEA.
Source: Technavio
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Top three contributors for the global swimming pool market are elaborated below:
Swimming pool market in the Americas: The high growth of the swimming pool market in this region is attributable to the presence of developed infrastructure in the region. Apart from high-rise apartments, several individual houses in the region have swimming pools. The US is the key revenue contributor in the swimming pool market in the Americas.
According to Ujjwal Doshi, a lead analyst at Technavio, specializing in research on media and entertainment, “Manufacturers in the market space are producing modern and more efficient pool equipment owing to factors such as the growing population, increasing technological advances, and rising demand for energy-efficient pumps.”
Swimming pool market in EMEA: The market for swimming pools in EMEA is led primarily by Europe, which has the most developed infrastructure globally. During the forecast period, manufacturers are expected to focus on emerging markets. Furthermore, construction companies are modernizing swimming pools according to the latest trends to suit the ambience of different infrastructures.
Swimming pool market in APAC: Many countries in the APAC region are growing in double digits in the construction sector. It includes the fastest-growing and emerging potential markets like China, India, Indonesia, Malaysia, and Vietnam. Singapore is one of the leading markets in terms of infrastructure quality.
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The leading vendors operating in the global swimming pool market are:
- H.C. Harrington
- Hayward Pool Products
- Laswin Pool Products
- Swimlime
Other prominent vendors in the market include Aladdin Equipment, Carvin, Confer Plastics, Finish Thompson, Intex Recreation, Nidec Motor, Ningbo Linya Swimming Pool & Water Treatment Equipment, Pentair, Pleatco, Pool Tool Company, Raypak, Rola-Chem, Smartpool, SunRunner Pool Equipment, Therm Products, Val-Pak Products, Valterra Products, and Waterco.
A more detailed analysis is available in the Technavio report titled, ‘Global Swimming Pool Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.
Other related reports:
- Global Swimming Gear Market 2016-2020
- Global Snorkelling Equipment Market 2016-2020
- Global In-the-water Sports Equipment Market 2017-2021
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