IMARC Group’s report titled “Swimming Pool Construction Market Report by Material (Concrete, Fiberglass, Vinyl Liner, Steel Frame), Construction Type (Above-ground, In-ground), End User (Residential, Non-Residential), and Region 2024-2032“, The global swimming pool construction market size reached US$ 7.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 9.7 Billion by 2032, exhibiting a growth rate (CAGR) of 3.1% during 2024-2032.
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Factors Affecting the Growth of the Swimming Pool Construction Industry:
- Increasing Demand for Luxury Amenities in Residential and Hospitality Sectors:
The rising construction of swimming pools in residential settings, as homeowners view them as a symbol of luxury and a means to enhance the aesthetic and monetary value of their properties, is impelling the market growth. This is particularly pronounced in high-income areas where pools are seen as a standard feature of upscale homes. Moreover, the growing presence of swimming pools in the hospitality industry, aiming to attract a high-end clientele, is strengthening the market growth. These businesses recognize that swimming pools not only serve as a leisure amenity but also significantly contribute to the overall appeal and competitiveness of their establishments.
- Technological Advancements in Swimming Pool Construction:
The increasing technological advancements in swimming pool construction are bolstering the market growth. Modern construction techniques and materials are making it possible to design and build pools that are more durable, energy-efficient, and easier to maintain. In addition, innovations in filtration systems, heating, and lighting make pools more environment-friendly and cost-effective over the long term. Automated cleaning systems and advanced water treatment methods are also enhancing the convenience and hygiene of pool maintenance. These technological improvements are not only attracting new buyers but are also prompting existing pool owners to upgrade their facilities.
- Growing Interest in Customization and Unique Pool Designs:
The increasing interest in customization and unique pool designs is propelling the market growth. Buyers seek more than just a traditional swimming pool and desire custom designs that reflect personal tastes and complement the architectural style of their homes or properties. This demand for bespoke designs includes various shapes, sizes, depths, and additional features, such as infinity edges, integrated hot tubs, and underwater lighting. This is encouraging pool designers and constructors to innovate and offer a broader range of customization options, catering to a more design-conscious client base.
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Leading Companies Operating in the Global Swimming Pool Construction Industry:
- Aloha Pools Pty Ltd
- Aquamarine Pools
- Blue Haven Pools
- Cody Pools Inc
- Concord Pools and Spas
- Leisure Pools
- Millennium Pools Pvt. Ltd.
- Myrtha Pools
- Natare Corporation
- Platinum Pools
- Presidential Pools
- Spas & Patio
- Southern Poolscapes
Swimming Pool Construction Market Report Segmentation:
By Material:
- Concrete
- Fiberglass
- Vinyl Liner
- Steel Frame
Concrete exhibits a clear dominance in the market due to its durability, versatility in design, and long-term cost-effectiveness.
By Construction Type:
- Above-ground
- In-ground
In-ground pools hold the biggest market share as they offer permanent value addition to properties, greater design flexibility, and are highly sought after by homeowners.
By End User:
- Residential
- Non-residential
Residential accounts for the majority of the market share on account of the increasing need for home improvement.
Regional Insights:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
North America dominates the market attributed to a strong culture of home and yard enhancement and the prevalence of warmer climates conducive to outdoor swimming activities.
Global Swimming Pool Construction Market Trends:
The increasing interest in wellness and therapeutic features is offering a favorable market outlook. This trend is characterized by the inclusion of elements, such as hydrotherapy jets, swim spas, and temperature-controlled pools designed for relaxation and physical therapy. These pools often feature ergonomic designs and massage jets and are sometimes paired with saunas or steam rooms, catering to the growing segment that values holistic health and wellness experiences at home.
Besides this, the rising environmental awareness and the need to reduce the ecological footprint of pool ownership are encouraging the adoption of eco-friendly pools, often using natural filtration systems, solar heating, and energy-efficient pumps. These significantly reduce the use of chemicals and energy utilization and even incorporate rainwater harvesting systems for pool water replenishment.
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