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United States Swimming Pool Construction Market to Grow at a CAGR of 3.30% in the Forecast Period of 2022-2027, Driven by Rising Disposable Incomes of the Consumers

According to a new report by EMR titled, ‘United States Swimming Pool Construction Market Report and Forecast 2022-2027’, the United States swimming pool construction industry is expected to grow in the forecast period of 2022-2027 at a CAGR of 3.30%.

The swimming pool construction industry in the United States has been driven by the rising preference for luxurious life among consumers due to rising disposable incomes. By material type, the concrete segment has been dominating the market in terms of revenue and is expected to continue in the forecast period. The fibreglass segment is also expected to witness robust growth in the coming years. Based on the type, the in-ground segment has led the market, and the above-ground is expected to gain fair growth in the coming years. After the economic slowdown in 2012, the construction industry in the United States is steadily gaining momentum with rising commercial and residential constructions. Therefore, United States swimming pool construction industry is anticipated to witness steady growth in the forecast period.

In March 2020, Main Street Capital Corporation (NYSE: MAIN) announced its new portfolio investment in Cody Pools, Inc, the United States-based company and a leading designer and builder of highly customised swimming pools and spas for commercial and residential customers. In February 2019, Natare Corporation, one of the leading swimming pool construction companies in the United States, partnered with Austin Carroll Pool Construction Ltd. as its premier partner for Canada. In October 2020, Shoreline Equity Partners announced a partnership with Bay Area Pools and Spas Holding, LLC, a Florida-based company for cleaning, repair, and maintenance services. All these partnerships and alliances are expected to boost the market's growth.

Market Analysis by Material, Type, and End-Use:

  • The market on the basis of the material market can be divided into concrete, fibreglass, vinyl liner, and steel frame.
  • Based on type, the industry can be segmented into above-ground and in-ground.
  • Based on end-use, the industry can be divided into residential and non-residential.

Key Findings of the Report:

  • The rise in per capita disposable income of consumers is driving the market.
  • New housing construction across the region is augmenting the market.
  • The rise in residential renewal or development projects will drive the market.
  • Acquisitions and innovations by major players are expected to boost the market's growth.

Key Offerings of the Report:

  • The EMR report gives an overview of the United States swimming pool construction industry for the periods (2017-2021) and (2022-2027).
  • The report also offers the historical (2017-2021) and forecast (2022-2027) markets for the material, type, end-use, and regions of United States swimming pool construction.
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with an assessment of the SWOT and Porter’s Five Forces models.

The major players in the United States swimming pool construction market are Aquamarine Pools, Concord Pools and Spas, Leisure Pools, Presidential Pools, Spas & Patio, Cody Pools, Inc., and Natare Corporation, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and e ver-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium-sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

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*We at Expert Market Research always strive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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