The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

The pool and spa market has experienced significant growth, rising from $19.44 billion in 2023 to $20.67 billion in 2024, with a compound annual growth rate (CAGR) of 6.3%. This growth is attributed to increasing home leisure investments as people spend more time at home, rising demand for home pools and spas due to travel restrictions, growing awareness of hydrotherapy and wellness benefits, increasing consumer spending on luxury home amenities, and expansion in suburban and residential areas. The market is expected to continue strong growth, reaching $26.52 billion by 2028, with a CAGR of 6.4%. This forecasted growth is driven by increased consumer focus on mental and physical well-being, development of solar-powered and water-saving pool and spa solutions, growth in medical and rehabilitation uses for pools and spas, continued expansion of urban residential projects with luxury amenities, and rising middle-class income levels driving demand for home improvement. Major trends in the forecast period include the integration of IoT and AI for remote control, automation, and maintenance, solar-powered heating and filtration systems, customizable pool and spa designs, insulated and heat-retaining pool covers, and innovative solutions for rooftop and indoor installations.

The growth of the wellness and spa tourism industry is projected to drive the expansion of the pool and spa market. Wellness and spa tourism, which involves traveling for health and well-being through spa treatments and fitness programs, is increasing due to higher consumer demand for holistic health experiences. Pools and spas are integral to this industry, offering therapeutic benefits and relaxation. The American Med Spa Association reported that a single-location medical spa generated $1,982,896 in revenue in 2022, up from $1,722,551 in 2021. The growing wellness and spa tourism industry is expected to boost the pool and spa market, with significant growth anticipated through 2024 and 2028.

Get A Free Sample On The Pool And Spa Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=18432&type=smp

What Are The Key Trends That Influence Pool And Spa Market Share Analysis?

Major companies operating in the pool and spa market are developing advanced solutions, such as smart pool management systems, to enhance user convenience and efficiency. Smart pool management systems are automated technologies that monitor and control various aspects of pool maintenance, such as water temperature, chemical balance, filtration, and cleaning schedules, often accessible remotely via digital platforms. For instance, in November 2022, Aiper, a US-based robotic pool cleaner provider, launched Seagull SE, a next-generation Seagull Series suite of products. The Seagull SE boasts dual-drive motors and bottom scrubbers for enhanced cleaning performance, along with a self-parking feature for added convenience. It charges quickly in about 2.5 hours, with LED indicators to inform users about battery life. Designed with eco-friendliness in mind, it uses a rechargeable lithium battery and a nylon holding tray, eliminating the need for disposable bags.

Which Market Players Are Driving Growth In The Pool And Spa Market?

Major companies operating in the pool and spa market are Kohler Co, Pentair plc, Fluidra S.A., Roca Group, BWT Holding GmbH, Villeroy and Boch, Jacuzzi Brands LLC, Duravit AGa, Bullfrog Spas, Jaquar & Company Private Limited., Harvia Plc, Coast Spas Manufacturing Inc., SAWO Inc., TyloHelo Inc, Arctic Spas Ltd, Blue Haven Pools and Spas, Narvi Oy, KLAFS GmbH & Co. KG, Unbescheiden GmbH, Physiotherm Infrarotkabinen

How Is The Global Pool And Spa Market Segmented?

1) By Type: Spas; Pools
2) By Accessories: Filters; Chlorinators; Blowers; Cleaners; Covers; Suction Fittings; Pool Pumps; Other Accessories
3) By Material: Plastic; Rubber; Fiberglass; Stainless Steel; Other Materials

Read The Full Pool And Spa Market Report Here
https://www.thebusinessresearchcompany.com/report/pool-and-spa-global-market-report

The Pool And Spa Global Market Report 2024 provides an overview of the pool and spamarket for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The pool and spa market forecast analyzes pool and spa market size, pool and spa market share, leading competitor and their market positions.

The Table Of Content For The Pool And Spa Market Include

1. Pool And Spa Market Executive Summary
2. Pool And Spa Market Segments
3. Pool And Spa Market Size And Template Market Growth Rate
4.  Key Pool And Spa Market Trends
5. Major Pool And Spa Market Drivers
……
25. Key Mergers And Acquisitions In The Pool And Spa Market
26. Top Pool And Spa Companies
27. Pool And Spa Market Opportunities And Strategies
28. Pool And Spa Market, Conclusions And Recommendations
29. Appendix

Explore Similar Reports From The Business Research Company:

Sodium-Ion Battery Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/sodium-ion-battery-global-market-report

Drone Lithium Battery Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/drone-lithium-battery-global-market-report

Electric Vehicle Battery Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/electric-vehicle-battery-global-market-report

Learn More About The Business Research Company
The Business Research Company has published over 15000+ reports in 27 industries, spanning 60+ geographies. The reports draw on 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders.

Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at info@tbrc.info

Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model