Pool Equipment and Maintenance Market is predicted to reach a value of $19.51 billion, garnering a CAGR of 11.7% over the projection period of 2021 to 2026.

Pool equipment is defined as a combination of electronic and mechanical devices designed to manage the disinfection, filtration, and circulation of pool water, individually or in combination with each other. Pool equipment is used for the installation of new swimming pools and for the operation and maintenance of swimming pools. This equipment is designed for cleaning and maintaining swimming pools. The global tourism market has experienced strong growth, which has contributed significantly to the global hotel industry. The number of tourist arrivals from all over the world has increased significantly. The number of travelers is likely to increase due to government initiatives to promote tourism and a surge in the number of new hotels in the world, which is likely to pave way for more swimming pools, developing the pool equipment and maintenance market.

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Market Growth:

The growing trend of owning personal swimming pools, the rising DIY installation in pools, the rise of online support options offering advice for basic pool maintenance tasks and commissioning. Implementing energy-efficient methods to increase cost savings are the latest trends likely to increase the global market growth. In addition, the growing demand for additional features for the swimming pool, the increasing use of green products, and the changing purchasing behavior of customers in developed and developing countries are among the emerging trends that will shape the market over the next five years. In addition, the growth of the tourism and hospitality industry, increase in urban population, and internet penetration contributing to increased awareness of the pros and cons of having swimming pools for residential buyers are the important growth factors for this market over the conjecture period.

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Market Drivers:

The global pool equipment and maintenance market is primarily driven by the increasing demand for a safe and aesthetic swimming pool environment to enhance the performance of the swimming pool water. Increasing urbanization and the growing need for personal swimming pools have resulted in significant growth in the market. With the growth of the tourism and hospitality industry and the right temperature, especially in Europe, more investments are attracted in the construction of swimming pools and therefore with an impact on the market for the treatment equipment of the swimming pool water. The need for swimming pool equipment is supposed to increase at a rapid rate during the conjecture period. Increased interest in sports and raising awareness of how to lead a healthy lifestyle are the main drivers of the global pool equipment and maintenance market. In addition, the demand for swimming pool equipment is increasing due to the growth of the construction industry and infrastructure, which improves the need for the construction of new swimming pools. In addition, the increased participation in swimming sports activities and the rise in the number of water sports enthusiasts are boosting the market for pool equipment and maintenance. In addition, the global market is supposed to expand due to the boom in the tourism industry, increasing urban population, growth in construction activities, increase in swimming club memberships, and rising disposable income. Growing demand for market consolidations, technological innovations, personal swimming pools, and robotic pool cleaners are some of the main trends in the global pool equipment and maintenance market.

Market Restraints:

However, the seasonal trend in the use of swimming pools will hamper the market for pool equipment and maintenance. Swimming pools are only used during the summer season, and most of the countries with the highest share have extreme temperatures in winter, resulting in the loss of the market for pool equipment and maintenance during the winter season. Another factor that will hamper the market for pool equipment is the rising energy costs around the world. Sales seasonality and weather uncertainties, rising commodity prices, and strong competition in major trading countries are likely to constrain the market.

Market Segmentation:

Pool Equipment and Maintenance Market End-users Type:

Residential Swimming Pools
Commercial Swimming Pools
The residential segment is likely to be the biggest contributor to the global pool equipment and maintenance market and includes buyers such as owners of single-family homes, apartments, and condos. The number of swimming pools in the single-family home segment is lower than in apartments and condominiums. However, the number of swimming pools in apartments and condos is increasing due to urbanization around the world and the growing awareness to stay fit.

Pool Equipment and Maintenance Market Design Type:

In-Ground Swimming Pools
Above Ground Swimming Pools
The growth of inground pools will overtake above-ground pools. The swimming pool equipment segment is expected to experience maximum growth in the foreseen period.

Regional Analysis:

North America
Europe
Asia Pacific
Latin America
Middle East and Africa
Europe holds the largest share in the pool equipment and maintenance market due to population growth, higher disposable income, pleasant climates, and dependence on tourism, and is on the market point of stimulating growth in European areas. This has allowed Europe to hold the majority of the market share and will maintain its dominance for years to come.

North America is after Europe in terms of market share in the pool equipment market, due to the increasing number of households with swimming pools. In 2019, according to the Association of Pool and Spa Professionals, there are approximately 13.5 million residential swimming pools, and this number is supposed to rise in the coming years and hence the pool equipment and maintenance market will increase over the outlook period.

Key Players:

Key players in the global pool equipment and maintenance market include Emaux Water Technology, Adolph Kiefer & Associates, Desjoyaux, In The Swim, Hayward Industries, Inc., Pentair Ltd., DSL Tech. Group, Waterco, Laswim Pool and SPA equipment Co. Ltd., Aqua Industrial Group, and Expertos en Piscinas y Spas AstralPool.

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