Swimming Pool Construction Market Outlook, Industry Analysis and Forecast, 2020-2027 | Covid-19 impact assessment
The COVID-19 pandemic has disrupted the world and affected many industries. Get a detailed analysis of the impact of COVID-19 on the Swimming Pool Construction Market
PORTLAND, OR, UNITED STATES, January 3, 2022 /EINPresswire.com/ — The swimming pool construction market includes revenues generated by the construction of new swimming pools and the renovation of old swimming pools in residential and non-residential infrastructure. These pools are typically built with materials such as concrete, fiberglass, and vinyl siding. The swimming pools are designed according to the needs of the user, whether they are buried or above ground.
The size of the swimming pool construction market was valued at $ 6.8 billion in 2019 and is expected to reach $ 7.4 billion by 2027, registering a CAGR of 3.8% from 2020 to 2027. In 2019, the North America region dominated the swimming pool construction market, followed by the LAMEA region.
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Attributed to the awareness regarding health, there has been an increase in the number of gyms equipped with swimming pools. This has given rise to the construction of swimming pools in recent years. In addition, the boom in tourism has led to the construction of swimming pools in hotels and the rental of bungalows.
In addition, the increase in the per capita income of the population increased the standard of living, which, in turn, also intensified the construction of swimming pools in private residences. However, the high construction cost and subsequently the high maintenance cost are a drag on the swimming pool construction market.
Additionally, the COVID-19 outbreak has resulted in construction and manufacturing activities being shut down across the world. The shutdown of logistics services has resulted in an interruption in the supply chain, which in turn is hampering the growth of the swimming pool construction market.
Key market players
Aloha Pools Ltd.
Concord pools and spas
Millenium Pools Pvt. Ltd.
Spas & Patio
South pool landscapes.
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Main benefits for stakeholders:
The report provides in-depth analysis of current and emerging trends and dynamics in the swimming pool construction market.
An in-depth analysis is conducted by estimates for key segments between 2019 and 2027.
Thorough market analysis is done by tracking key product positioning and monitoring major competitors under the swimming pool construction market.
A comprehensive analysis of four major regions is provided to determine existing opportunities.
The analysis of the swimming pool construction market from 2020 to 2027 is included in the report.
Major players operating in the market are presented in this report and their strategies are thoroughly analyzed which helps to understand the competitive outlook of the Swimming Pool Construction market.
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