Swimming Pool Market Trends: Combining with Modern Technology, Market Size is Prospected to Increase to o $30.91 billion by 2029

Global Swimming Pool Market Overview

According to Global Market Monitor, the global swimming pool market size is $25.73 billion in 2024 and is expected to grow to $30.91 billion by 2029.A swimming pool is a structure designed to hold water to enable swimming or other leisure activities. Pools can be built into the ground (in-ground pools) or built above ground (as a freestanding construction or as part of a building or other larger structure).

Market Trends

A smart pool is like a smart home. Modern technology and innovation in the swimming pool industry now allow more elements in swimming pools to be automated than ever before. Pool maintenance is complex. There are many different tasks to consider – cleaning, lighting, heating and ensuring the water has the right levels of chlorine to keep it safe and healthy. Smart technology can make all of these processes extremely easy. Smart pools are equipped with sensors and automation technology that allow homeowners to remotely control the pool's temperature, lighting and filtration system through an app on a smartphone or tablet. The technology is designed to enhance the pool experience and make it more convenient for homeowners, reducing the time, cost and man-hours required for maintenance. As a result, there is a growing demand for smart swimming pools equipped with modern technologies such as remote management controls, energy-saving filtration systems, and advanced heating and lighting systems.

Global Swimming Pool Market Size

Increasing Residential Construction

A significant driver of the swimming pool market is the increasing number of residential construction projects across the globe. The continued recovery of the residential construction industry in the United States, major European countries, China, India and other countries around the world is a positive growth factor for the global swimming pool market. Rising incomes and home-buying budgets, as well as rising demand for attractive amenities, have had an impact on the construction of swimming pools, spas and gyms in residential areas, influencing builders to include swimming pool and gym facilities in their projects. As the residential construction market recovers, rising demand for new and modern residential Units with lucrative amenities will drive the growing swimming pool market.

In recent years, people have become more aware of the benefits of regular exercise and relaxation due to rising disposable income and improved lifestyles. The enhancement of health awareness, as the internal motivation of consumers, provides a good environment for the development of the pool market. In addition, increasing urbanization will also drive the growth of the swimming pool market. Urbanization is the movement of people from rural to urban areas. People in the city are becoming more interested in swimming fitness and recreational activities, and the number of swimming pools is increasing. For example, according to the United Nations Department of Economic and Social Affairs, 68 percent of the global population is expected to live in urban areas by 2050. Therefore, the growing urban population is driving the growth of the swimming pool market.

Drivers

Increase in residential construction projects

High growth in tourism

Rising health awareness and growing urbanization

Restraints

Raw material price fluctuations

Labor shortage and rising labor costs

High installation and maintenance costs of swimming pools


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