The global market for above-ground pools is set to grow a lot in the coming years. This is because these pools offer many benefits compared to regular pools, and the real estate industry is also booming. Companies in the market keep coming up with new ideas for materials, designs, and features. This, along with the rise of organized retail in growing economies, is creating lots of chances for the market to grow. But, there's a downside too โ there are some dangers connected to using pools for fun, and this might slow down the market's growth.
Let's break it down a bit more. The types of above-ground pools can be different, like steel pools, aluminum pools, resin pools, wooden pools, and hybrid pools. Among these, steel pools were the most popular in 2019, making up about 26.77% of the market. They are expected to keep growing at a rate of 4.97% in the future. Resin pools came next, with a market share of 23.73% in 2019. They are expected to grow the fastest, with a rate of 5.12%.
Now, when we look at the shapes of these pools, they can be round, square, oval, or rectangular. In 2019, round pools were the most common, making up 41.84% of the market. They are expected to keep growing at a rate of 4.90%. Rectangular pools were the next popular, with a market share of 23.78% in 2019. They are expected to grow the fastest, with a rate of 5.12%.
The good news is that people are really liking above-ground pools because they have some great benefits. They are often cheaper and easier to set up compared to regular pools. Plus, you can find them in many different types and shapes, so you have lots of options to choose from. This is attracting more and more people to buy them, especially in places where the real estate business is doing well.
However, there's a challenge too. Some risks are connected to having fun in and around pools, and this could slow down how much the market grows. It's important to be aware of these risks and make sure to use pools safely.
In a nutshell, the future looks bright for the above-ground pool market. With more innovations and choices, it's becoming a popular and accessible option for people who want to enjoy a swimming pool without breaking the bank. As long as safety is kept in mind, the market is expected to keep growing in the coming years.
Covered Aspects:Report Attribute/Metric | Details |
---|---|
Market Size Value In 2023 | USD 2.9386billion Billion |
Growth Rate | 4.95%(2023-2032) |
ยฉ 2025 Market Research Future ยฎ (Part of WantStats Reasearch And Media Pvt. Ltd.)