The worldwide market for chemicals used to treat swimming pools was valued at USD 1,019.89 million in 2020 and is estimated to reach USD 1,283.35 million by 2028, with an annual growth rate of 2.75%. In terms of the amount of chemicals used, the global market was 698.33 kilotons in 2020 and is anticipated to increase to 813.53 kilotons by the end of the assessment period, growing at a rate of 1.99%.
The reason behind this growth is the increasing popularity of swimming globally, not just as a sport but also as a fun activity. People are realizing the health benefits of swimming, like stress reduction, improved endurance, muscle strength, and heart health. This has led to more investment in building private swimming pools. Additionally, the rise in home construction has led to the creation of new swimming pools, increasing the need for pool treatment chemicals, especially in countries like the US. In Asia-Pacific, the tourism industry's growth has resulted in the construction of luxurious hotels with pools, boosting the demand for treatment chemicals. The market is also seeing an increased demand for disinfectants to keep pools clean.
In developing countries, there is a changing trend in the fitness industry, with more interest in water-based activities. This shift is creating opportunities for companies in the swimming pool treatment chemicals market. However, the market faces a challenge from the growing preference for organic or natural swimming pools, which use a different cleaning system instead of chlorine due to health concerns associated with chlorine.
According to MRFR analysis, the market is categorized based on the type of chemicals used, end-users, and regions. Sodium hypochlorite is a significant category, accounting for 43.27% in 2020 and expected to reach USD 555.80 million by the end of the forecast period. Residential pools dominate the market, making up the larger share in 2020, valued at USD 745.78 million. Regionally, North America leads the market, holding a share of 55.74% in 2020 and expected to continue growing at a rate of 2.44%.
In conclusion, the global market for swimming pool treatment chemicals is growing due to the increasing popularity of swimming and the construction of more pools, both residential and commercial. However, the trend towards natural pools presents a challenge to the market. Sodium hypochlorite is a key player in the chemicals used, and North America is the leading region in this market.
Covered Aspects:Report Attribute/Metric | Details |
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Market Size Value In 2022 | USD 1.2 Billion |
Market Size Value In 2023 | USD 1.23288 Billion |
Growth Rate | 2.74% (2023-2032) |
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