In 2023, the global portable & inflatable swimming pool market is likely to hold a value of US$ 2,355.5 million. With the rise in demand for personal recreational equipment, portable & inflatable swimming pools are expected to witness steady growth. By 2033, the market is expected to secure US$ 5,576.3 million, expanding at a CAGR of 9.0%.
The portable & inflatable swimming pool market is anticipated to sustain its growth trajectory, fueled by the emergence of new players and innovations in materials. Moreover, the integration of online distribution channels through digital platforms has facilitated easier access to every region, thereby expanding the customer base and further boosting the growth of portable & inflatable swimming pools.
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Technological advancements and creative thinking will further enhance the product’s performance, making it more commonly utilized in downstream applications. Population explosion and faster growth rates, particularly in emerging economies, are diminishing residential areas, increasing market demand for portable and inflatable swimming pools. Inflatable pools are fairly inexpensive to acquire because they require significantly less installation and construction effort. As a result, they are an excellent solution for a wide range of residences.
The key obstacles of the portable and inflatable swimming pool market are likewise related to restricted space and high manufacturing expenses. Aside from that, laws set by various governments regarding the necessity for barriers are projected to hamper the growth of the portable and inflatable swimming pool market in the forecasted year.
Key Takeaways
- The portable and inflatable swimming pool industry size developed at a CAGR of 9.0% from 2023 to 2033.
- In 2022, the United States market size stood at 4.4% globally.
- The portable and inflatable swimming pool market in the United Kingdom is anticipated to rise, exhibiting a CAGR of 5.4% through 2023
- Germany held a 3.8% share of the global portable and inflatable swimming pool market in 2022.
- With a CAGR of 5.5% over the forecast period, India is predicted to develop rapidly in the portable and inflatable swimming pool market
- In 2022, Japan a 4.0% share of the portable and inflatable swimming pool market globally
- The portable and inflatable swimming pool market in China is expected to increase, registering a CAGR of 6.7% over the forecast period.
Competitive Landscape
Diversity of product portfolios through research and development endeavors, as well as business acquisitions and mergers, are some of the key strategies used by leading businesses to strengthen their position in the worldwide portable and inflatable swimming pool market.
Key Players:
- Blue Wave Products
- Bestway Inflatables & Material Corp
- JILONG
- Intex Recreation Corp
- Jasonwell
- Speedo
- Decathlon
- K.K.Igarashi
- Guangzhou Topfun Inflatables Co., Ltd.
- Mizukami Kinzoki Co. Ltd.
- Homech
- Aquafun. in
- Aierinflatable Yiwu Tuozhan
- Mojena Ground Pools
- BETTERBOUNCE LTD.
Recent Developments
- Forbes in May 2023 posted about how Coleman’s Saluspa is the best inflatable hot tubs for its 6-person capacity and other attractions.
- In June 2023, BetterBounce Ltd. released an article relating to the safety guidelines and their usage of ropes according to the guidelines. Based on the experience of the company, they found polypropylene ropes to be the most suitable choice for inflatables
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Key Segments Profiled in the Global Portable & Inflatable Swimming Pool Market
By Shape Type:
- Oval Shaped
- Square Shaped
- Rectangular Shaped
- Round Shaped
By Age:
- For Children aged 3-6 Years
- For Children aged 6-12 Years
- For Children aged 12 Years & Above
By Application:
- Residential
- Commercial
By Distribution Channel:
- Sales by Wholesalers/Distributors
- Sales by Hypermarkets/Supermarkets
- Sales by Department Store
- Sales by Independent Outdoor Activities Stores
- Sales by Online Retailers
- Other Distribution Channels
By Region:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
Author
Sneha Varghese (Senior Consultant, Consumer Products & Goods) has 6+ years of experience in the market research and consulting industry. She has worked on 200+ research assignments pertaining to Consumer Retail Goods.
Her work is primarily focused on facilitating strategic decisions, planning and managing cross-functional business operations, technology projects, and driving successful implementations. She has helped create insightful, relevant analysis of Food & Beverage market reports and studies that include consumer market, retail, and manufacturer research perspective. She has also been involved in several bulletins in food magazines and journals.
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