Pool Equipment Market Size, Demand, Key Players Analysis & Forecast 2024-2030
According to MarkNtel Advisors study the Global 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., 2024-30.
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Global Pool Equipment Market Driver:
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.
Global Pool Equipment Market Trend:
Increasing Focus on Energy-efficient Pool Pumps – In recent years, consumers have become more conscious about the energy-efficiency & sustainability. Based on the survey conducted by the company, more than 80% of the consumers are aware of the benefits related to energy conservation & plan to purchase solutions that help in power saving.
With the rising adoption of energy-efficient solutions to reduce operational costs associated with pool maintenance & cleaning, consumers have started utilizing energy-efficient pumps in pool equipment. According to the company the company certified in-ground pool pumps use up to 50% to 65% less energy as well as save a total cost of USD 450 per year. With the added ‘cost to ownership’ benefit and significantly reducing related energy costs, the demand for energy-efficient pumps across regions like North America, Europe, and Asia-Pacific region would continue to grow in the forthcoming years as well.
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By Component
Equipment
Pumps- Market Size & Forecast 2019-2030, USD Million & Thousand Units
Cleaners- Market Size & Forecast 2019-2030, USD Million & Thousand Units
Filters- Market Size & Forecast 2019-2030, USD Million & Thousand Units
Heaters- Market Size & Forecast 2019-2030, USD Million & Thousand Units
Chlorinators- Market Size & Forecast 2019-2030, USD Million & Thousand Units
Pool Lights- Market Size & Forecast 2019-2030, USD Million
Heat Pumps- - Market Size & Forecast 2019-2030, USD Million & Thousand Units
Sanitization- Market Size & Forecast 2019-2030, USD Million
Automation- Market Size & Forecast 2019-2030, USD Million
Others - Market Size & Forecast 2019-2030, USD Million & Thousand Units
Chemicals- Market Size & Forecast 2019-2030, USD Million
Maintenance/Services - Market Size & Forecast 2019-2030, USD Million
By End User
Residential- Market Size & Forecast 2019-2030, USD Million
Commercial- Market Size & Forecast 2019-2030, USD Million
By Pool Type
In-Ground- Market Size & Forecast 2019-2030, USD Million
Above Ground- Market Size & Forecast 2019-2030, USD Million
Residential sector holds a substantial market share due to the surging construction of swimming pools in residential buildings, private villas, and apartments.
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.
By Region
North America
South America
Europe
Middle East & Africa
Asia-Pacific
Geographically, North America holds a dominant share of around 70% in the Global Pool Equipment Market.
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