Global Swimming Pool Construction Market
Construction

Global Swimming Pool Construction Market Analysis: Size, Drivers, Trends, Opportunities, And Strategies

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What is the Expected Growth Rate of the Swimming Pool Construction Market from 2024 to 2033?

The swimming pool construction market is anticipated to grow from $7 billion in 2023 to $7.27 billion in 2024 at a CAGR of 3.8%. Key drivers include a real estate development boom, rising disposable incomes, wellness and lifestyle trends, growth in the tourism and hospitality industries, and increasing demand for outdoor living spaces.

The swimming pool construction market is projected to experience steady growth, reaching $8.14 billion by 2028, with a CAGR of 2.9%. This growth can be attributed to increased demand for customization, sustainable practices, urbanization, high-rise developments, health and wellness trends, and pandemic-driven changes. Major trends include innovations in pool design, smart pool technologies, advancements in pool technologies, sustainable pool designs, saltwater pools, and alternative water treatment options.

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What Key Factors Are Fueling the Growth of the Swimming Pool Construction Market?

The increasing construction of hotels is expected to boost the growth of the swimming pool construction market. Hotels, which provide lodging accommodations for guests, often include swimming pools to enhance the guest experience and competitiveness. According to Lodging Econometrics, in October 2023, the hotel construction pipeline in Canada saw 275 projects and 37,780 rooms, with a 5% year-over-year increase in projects and an 8% rise in rooms. Furthermore, Canada saw 22 new hotel projects announced in Q3 2023. This growing hotel construction activity drives the swimming pool construction market.

What Are the Major Segments of the Swimming Pool Construction Market?

1) By Construction Type: Above-ground, In-ground

2) By Material: Concrete, Fiberglass

3) By End User: Residential, Non-Residential

What New Trends Are Transforming the Swimming Pool Construction Market?

Key players in the swimming pool construction market are focusing on graphene-enhanced pools to stay competitive. These pools incorporate microscopic amounts of graphene into fiberglass pool shells, improving strength and durability. In June 2021, Aqua Technics Pools launched Graphene Nano-Tech Swimming Pools, which offer enhanced pool shell durability, reducing cracking and warping due to graphene’s exceptional properties.

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Which Regions Are Driving Growth in the Swimming Pool Construction Market?

North America was the largest region in the swimming pool construction market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the swimming pool construction market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The Swimming Pool Construction Global Market Report 2024 offers a comprehensive overview of the audio equipment market, covering historical data from 2010 to 2021 and providing a ten-year forecast from 2023 to 2032. This report examines the size of the swimming pool construction market, its market share, and analyzes key competitors along with their market positions.

The Table Of Content For The Swimming Pool Construction Market Include

1. Swimming Pool Construction Market Executive Summary

2. Swimming Pool Construction Market Segments

3. Swimming Pool Construction Market Size And Template Market Growth Rate

4. Key Swimming Pool Construction Market Trends

5. Major Swimming Pool Construction Market Drivers

……

25. Key Mergers And Acquisitions In The Swimming Pool Construction Market

26. Top Swimming Pool Construction Companies

27. Swimming Pool Construction Market Opportunities And Strategies

28. Swimming Pool Construction Market, Conclusions And Recommendations

29. Appendix

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