Global Swimming Pool Construction Market Report and Forecast 2024-2032

Global Swimming Pool Construction Market Outlook

The global swimming pool construction market is expected to grow in the forecast period of 2024-2032 at a CAGR of 3%.

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Flourishing Construction Industry Aiding the Growth of Swimming Pool Construction Industry

The robust growth of the construction sector is positively impacting the market for swimming pool construction. Moreover, the rising demand for premium residential complexes, including swimming pools, spas, and gym facilities due to escalating disposable income, is further propelling the market growth. Further, the escalating renovation activities, especially in the developed countries, are increasing the demand for the construction materials used in swimming pools, hence invigorating the market growth. In addition, swimming pools require regular maintenance, which increases the demand for construction materials and is further lubricating the market growth.

The introduction of various favourable government programs and funding to aid swimming and water safety is increasing the demand for swimming pools, which is consequently catalysing the market growth. For instance, the Australian government invested funding of $11.2 million to government, catholic, and specialist schools to improve the delivery of swimming and water safety programs; therefore, increasing the demand for the construction of swimming pools and propelling the market growth. Moreover, increasing financial aid by the government and private organisations to promote swimming as a sport is further fuelling the market growth.  Additionally, the increasing craze of water and adventure sports and the surging development of water parks in emerging economies such as India is augmenting the market growth.

Swimming Pool Construction: Market Segmentation

A swimming pool is a large tank or basin filled with water and it is used for bathing activities and competitive swimming or diving. The construction of swimming pools using materials, such as concrete, steel frame, and fibreglass, are referred to as swimming pool construction. Swimming pools can be constructed for residential and non-residential purposes.

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Based on the materials, the market can be classified into:

• Concrete
• Fibreglass
• Vinyl Liner
• Steel Frame
• Others

The major types of swimming pool construction are:

• Above Ground
• In-Ground

The market can be broadly categorised on the basis of its end users into:

• Residential
• Non-Residential

The EMR report looks into the regional markets of swimming pool construction like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Rising Demand for Premium and Luxurious Housing to Bolster the Growth of Swimming Pool Construction Industry

The rising demand for premium housing in developing countries, such as India, Mexico, and Brazil, among others, is also escalating the market growth. Additionally, the steady growth of the tourism sector due to rising per capita income is increasing the demand and construction of luxurious hotels, resorts, and spas, among others, and is consequently augmenting the market growth. Although the coronavirus pandemic has hindered the growth of the market due to higher contagion through water, the market is expected to witness robust growth in the forecast period owing to the development of vaccines. Moreover, the pandemic has resulted in the rising demand for boosting immunity through physical activities. This is expected to further augment the market growth for swimming pool.

Technological advancements such as smart technology and UV light system ease the maintenance of the pools, which is providing further impetus to the market growth. Through the use of smart technology, chlorine levels, temperature, and lightning can be controlled; it can also aid in scheduling maintenance through smartphones. UV light system, meanwhile, can kill most of the virus, bacteria, and algae residing in a pool. Such developments that ease the maintenance of the pools are expected to boost the growth of the swimming pool construction industry.

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Key Industry Players in the Global Swimming Pool Construction Market

The report presents a detailed analysis of the following key players in the global swimming pool construction market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

• Aloha Pools Ltd.
• Aquamarine Pools
• Concord Pools and Spas
• Leisure Pools
• Millennium Pools Pvt. Limited
• Platinum Pools
• Presidential Pools, Spas & Patio
• Others

The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

Key Highlights of the Report