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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.
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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.
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