Swimming Pool Treatment Chemicals Market Share

Swimming Pool Treatment Chemicals Market Share Analysis

Swimming has transcended its status as a mere recreational activity to become a prominent sport globally, particularly in developed countries. The competitive aspect of swimming has garnered significant attention, even earning its place as an Olympic game. Beyond competitive swimming, the sport has found favor among individuals of all ages as a popular recreational activity, especially in developed regions. The low-impact nature of swimming has contributed to its widespread adoption as a form of exercise.

The multitude of benefits associated with swimming, including stress reduction, enhanced endurance, improved muscle strength, cardiovascular fitness, and muscle toning, has led to increased investments in the construction of private swimming pools. The Association of Pool & Spa Professionals (ASPS) reports that in the United States alone, there are approximately 10.5 million residential swimming pools. Remarkably, swimming ranks as the fourth most popular sport and the fifth most popular recreational activity. Notably, around 17% of the U.S. population aged 18–29 years owns a pool, reflecting the sport's widespread appeal. The annual revenue generated by the swimming pool industry in the U.S. amounts to a substantial USD 1.1 billion.

Australia, too, has witnessed a surge in swimming enthusiasts, with around 6 million adults, constituting approximately 23% of the population, engaging in swimming as their preferred sport in 2018. In England, Sport England's Active Lives Adult Survey 2020 indicates that about 4 million adults, roughly 6% of the population, actively participated in swimming. Singapore, according to the Department of Statistics, recorded over 7 million residents and visitors attending swimming pools in 2017, underscoring the global appeal of this aquatic activity.

The trend extends to European countries, where spending on the construction of private pools is on the rise, notably in France, Germany, and Spain. Additionally, there is a noticeable uptick in the construction of swimming pools in schools, driven by a growing emphasis on recreational activities as part of the national curriculum.

The surging popularity of swimming, fueled by its myriad health benefits and the expanding infrastructure for swimming pools, is anticipated to drive the demand for swimming pool treatment chemicals. As individuals increasingly embrace swimming as a favored physical activity, the market for treatment chemicals is poised for significant growth during the forecast period. The global swimming pool treatment chemicals market stands to benefit from this dynamic landscape, riding on the wave of enthusiasm for swimming across diverse demographics.