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Pool Equipment are the devices designed for installation, maintenance and operation of pools. The equipment is designed for the management of sanitization, filtration and circulation of pool water.
According to MarkNtel Advisors’ research report “Global Pool Equipment Market Analysis, 2021”, the Global Pool Equipment market is anticipated to grow at a CAGR of 12% during 2021-26F. The growth of the global pool equipment market is attributed to the increasing trend of owning personal swimming pools, rising demand for implementing additional features in the pool, and the booming tourism industry. Moreover, rapid internet penetration provides online support to consumers to receive guidance regarding pool management, thereby, propelling the growth of the market.
Impact of COVID-19
In 2020, the COVID-19 pandemic has affected the Pool Equipment Market due to government restrictions on the movement of people, social distancing, and social gathering. This has led to reduced participation of people in sports activities and a decline in the tourism sector. But, as the lockdown is lifted up, people have started moving out to use amenities such as swimming pools, and concerns regarding cleanliness have increased, thus, contributing to the growth of the market in the forthcoming timeline.
| Report Coverage | Details |
| Study Period | Historical Data: 2016-20 |
| Base Year: 2020 | |
| Forecast Period: 2021-26 | |
| Regions Covered | North America |
| Europe | |
| Asia-Pacific | |
| South America | |
| Middle East & Africa | |
| Unit Denominations | USD Million/Billion |
Market Segmentation
In-ground pools accounted for the Largest Market Share
Based on Pool Type, the market is segmented into In-ground and Above-ground pool. Among these, the In-ground pool has held the highest share in the Global Pool Equipment Market in 2019 as while installing in-ground pool there is flexibility to design pools in any shape and dimensions. It can be designed by choosing any color and plaster. Moreover, above the ground pools are more susceptible to damage, collapse, leaks and breaks whereas in-ground pools are comparatively more strong to tolerate extreme weather conditions. Thus, this is anticipated to drive the growth of the Pool Equipment market globally in the near future as revealed by the MarkNtel Advisors’ research report “Global Pool Equipment Market Analysis, 2021”.
Residential Segment Grabbed the Highest Share
Based on End-User, the residential segment acquired the largest share in Global Pool Equipment Market in 2019 owing to the increasing number of residential construction activities across the world. There is rise in income and high budget for home purchase. In addition to this, change in consumer lifestyle and rising trend of constructing swimming pools in apartments or within the society premises is anticipated to fuel the growth of the Pool Equipment market globally in the near future as revealed by the MarkNtel Advisors’ research report “Global Pool Equipment Market Analysis, 2021”.
Regional Landscape
North America Dominates the Market
North America grabbed the largest share in Global Pool Equipment Market in 2019 and is expected to retain its leading position during the forecasted period. The construction industry in the US is expected to grow significantly in the future, therefore, it is anticipated to witness rise in construction activities in the residential as well as in the commercial sector. Thereby, leading to increase the demand for installation and maintenance of new pools. Additionally, owing to high disposable income, people in North America tend to live a luxurious life. Thus, contributing to drive the growth of the pool equipment market.
Market Driver
Surge in demand for safe and attractive swimming drives the market
Due to lifestyle changes, there is a rise in consumer inclination towards choosing aesthetic swimming pools that can make them happy and satisfied. Also, after the outbreak of the COVID-19 pandemic, concern for safety and cleanliness is at the highest priority among the consumers, thereby, leading to increase the demand for pool equipment for its maintenance.
Competitive Landscape
According to MarkNtel Advisors’, the key players with a considerable market share in the Global Pool Equipment market include Fluidra SA, Pentair Plc, WaterCo Ltd, Pool Corporation, Maytronics Ltd, Aqua Products Inc., Hayward Industries Inc., Zodiac Pool Systems Inc., Chemoform AG, Desjoyaux S.A., Emaux Water Technology Co. Ltd., FIJA Group, Guangdong Laswim Pool & Spa Equipment Co., Intex Recreation Corp., Lonza Group, Neptune Swimming Pools, NextPool Group, SCP Pool Corp., Pleatco LLC, etc.
Key Questions Answered in the Market Research Report:
Market Outlook, Segmentation and Statistics
Frequently Asked Questions:
Q. What is the historical year, base year and forecast year considered in the research report on Global Pool Equipment Market?
A. The historical data has been provided since 2016, while the base year is 2020 and the data is forecast up-to 2026.
Q. What are the units or denomination for measuring market value and volume in the report?
A. The market size/industry size or the market value is measured in terms of USD Million and thousand units.
Q. What would be the growth rate or CAGR of Global Pool Equipment Market during 2021-26?
A. The Global Pool Equipment Market is forecast to grow at a considerable 12% CAGR during 2021-26.
Q. Who are the key competitors or players operating in Global Pool Equipment Market?
A. Fluidra SA, Pentair Plc, WaterCo Ltd, Pool Corporation, Maytronics Ltd, Aqua Products Inc., Hayward Industries Inc., Zodiac Pool Systems Inc., Chemoform AG, Desjoyaux S.A., Emaux Water Technology Co. Ltd., FIJA Group, Guangdong Laswim Pool & Spa Equipment Co., Intex Recreation Corp., Lonza Group, Neptune Swimming Pools, NextPool Group, SCP Pool Corp., Pleatco LLC, etc., are few of the leading players in the Global Pool Equipment Market.
Q. Which pool type segment would emerge as an opportunity area for players in Global Pool Equipment Market?
A. In-ground Swimming Pool is expected to attain the highest CAGR during the forecast period and maintain its significant market share.
Q. Which region would emerge as an opportunity area for players in Global Pool Equipment Market?
A. North America continue to grow at a highest CAGR, presenting immense opportunities for market players of Global Pool Equipment Market.
