The new report by Expert Market Research titled, ‘United States Swimming Pool Construction’ Market Report and Forecast 2022-2027’, gives an in-depth analysis of the United States swimming pool construction market, assessing the market based on its segments like materials, types, and end-uses. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analyzing the market based on the SWOT and Porter’s Five Forces models.
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The key highlights of the report include:
Market Overview (2017-2027)
• Forecast CAGR (2022-2027): 3.30%
The swimming pool construction market in the United States is mainly driven by increasing number of residential constructions and tourism in the United States. Rise in tourism, supported by increasing income levels and expenditure on tourism, is anticipated to raise the demand for luxurious hotels, along with swimming pools to attract customers. In addition, rising number of single-family housing construction in the United States has also aided the market growth in the past and is expected to continue to do so in the coming years as well. Above-ground, roof-mounted swimming pools are gaining popularity in commercial settings since customers prefer to relax while taking in the view.
Industry Definition and Major Segments
A large tank or a basin filled with water and being used for bathing activities or diving or competitive swimming is known as swimming pool. The construction of this swimming pool by using materials like steel frame, concrete, and fibreglass, among others, is known as swimming pool construction.
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On the basis of material, the market can be divided into:
• Concrete
• Fibreglass
• Vinyl Liner
• Steel Frame
Based on type, the market can be divided into:
• Above Ground
• In-Ground
On the basis of end-use, the market can be segmented into:
• Residential
• Non-Residential
Market Trends
The changes in the lifestyle and rise in awareness about diseases and health problems among the people in the United States has led to an increase in physical activities like exercises and swimming to boost immunity and live a healthy life, which is driving the market growth. These factors led to the construction of new gyms consisting of swimming pools and renovation of old gyms equipped with swimming pools. All these factors are contributing to the growth of the United States swimming pool construction market. Apart from this, the growing emphasis on aesthetics is driving the demand for new swimming pool designs. Natural components in pool building, such as low-maintenance plants, gardens, and rock cascades, are attracting attention and boosting the market growth.
Key Market Players
The major players in the market are Aquamarine Pools, Concord Pools and Spas, Leisure Pools, Presidential Pools, Spas & Patio, Cody Pools, Inc., and Natare Corporation, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
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