Major Regions on Swimming Pool Market

6 min read

Updated on 11/19/2024

The market size was 3386.4 M USD in 2018, increased to 4398.8 M USD in 2023, and is projected to reach 5970.8 M USD by 2029. The CAGR for North America from 2023 to 2029 is 5.22%.

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The market size was 8112.8 M USD in 2018, grew to 9944.2 M USD in 2023, and is expected to be 13692.8 M USD in 2029. The CAGR for Europe from 2023 to 2029 is 5.48%.

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In 2018, the market size was 1129.5 M USD, it increased to 1271.2 M USD in 2023, and is forecasted to be 1835.0 M USD in 2029. The CAGR for the Asia Pacific region from 2023 to 2029 is 6.31%.

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The market size was 2713.9 M USD in 2018, rose to 2735.3 M USD in 2023, and is projected to be 3622.8 M USD in 2029. The CAGR for South America from 2023 to 2029 is 4.79%.

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The total market size across all regions was 15879.9 M USD in 2018, increased to 18918.9 M USD in 2023, and is forecasted to be 25820.2 M USD in 2029. The overall CAGR for the swimming pool market from 2023 to 2029 is 5.32%.

There is a positive outlook for the global swimming pool market, with all regions expected to grow at varying rates over the next few years. The Asia Pacific region shows the highest growth rate, followed by North America and Europe. The “Others” category has the lowest growth rate among the regions.

 

2018

2023

2029

CAGR (2023-2029)

North America

3386.4

4398.8

5970.8

5.22%

Europe

8112.8

9944.2

13692.8

5.48%

Asia Pacific

1129.5

1271.2

1835.0

6.31%

South America

2713.9

2735.3

3622.8

4.79%

Others

537.3

569.4

698.9

3.47%

Total

15879.9

18918.9

25820.2

5.32%

The North American market for swimming pools has shown a dynamic performance from 2018 to 2023. In terms of units installed, there was a notable increase from 90.79 thousand in 2018 to a peak of 129.63 thousand in 2021, followed by a slight decrease to 111.33 thousand in 2023. This fluctuation indicates a strong demand with some market adjustments in the following years.

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The price per unit has also seen an upward trend, starting at 37,300 USD in 2018 and reaching 39,511 USD in 2023, reflecting the increasing value or cost associated with swimming pool installations. Revenue has grown significantly, from 3,386.4 million USD in 2018 to 4,398.8 million USD in 2023, suggesting a robust market with expanding financial turnover.

The gross margin has remained relatively stable, hovering around 39%, with a slight dip to 38.27% in 2020 and a peak of 39.85% in 2022. This stability in gross margin, despite the variations in other metrics, points to effective cost management and pricing strategies within the North American swimming pool market.

North America

2018

2019

2020

2021

2022

2023

Installed (K Units)

90.79

88.84

106.99

129.63

111.39

111.33

Price (USD/Unit)

37300

37122

37747

38330

39022

39511

Value (M USD)

3386.4

3297.9

4038.6

4968.9

4346.5

4398.8

Gross Margin

39.64%

39.82%

38.27%

39.19%

39.85%

39.38%

The European market for swimming pools has experienced a mixed performance from 2018 to 2023. The number of pools installed fluctuated, with a peak in 2020 at 294.05 thousand units, and a slight decrease to 250.03 thousand units in 2023. This indicates a market that has seen growth with some recent adjustments.

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The price per unit has shown a general upward trend, increasing from 36,985 USD in 2018 to 39,772 USD in 2023, which could be due to inflation or increased quality standards. Revenue has also increased over the period, starting at 8,112.8 million USD in 2018 and reaching 9,944.2 million USD in 2023, suggesting a growing market with a strong financial turnover.

The gross margin has been relatively stable, with minor fluctuations, starting at 38.87% in 2018 and ending at 38.97% in 2023. This stability in gross margin, despite changes in other metrics, points to effective cost management and pricing strategies within the European swimming pool market.

Europe

2018

2019

2020

2021

2022

2023

Installed (K Units)

219.35

247.31

294.05

259.18

238.45

250.03

Price (USD/Unit)

36985

37309

38442

38754

39182

39772

Value (M USD)

8112.8

9227.0

11303.7

10044.1

9343.0

9944.2

Gross Margin

38.87%

39.41%

38.06%

38.95%

39.44%

38.97%

The number of pools installed has increased from 33.49 thousand units in 2018 to 35.05 thousand in 2023, indicating a consistent demand for swimming pool installations in the region.

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The price per unit has also trended upwards, starting at 33,730 USD in 2018 and reaching 36,267 USD in 2023. This increase in price could be attributed to rising production costs or enhancements in pool features and quality. Revenue has fluctuated but has generally increased, from 1,129.5 million USD in 2018 to 1,271.2 million USD in 2023, suggesting a growing market with a strong financial performance.

The gross margin has been relatively stable, with minor variations, starting at 35.53% in 2018 and ending at 35.63% in 2023. This stability in gross margin, despite changes in other metrics, points to effective cost management and pricing strategies within the Asia Pacific swimming pool market.

Asia Pacific

2018

2019

2020

2021

2022

2023

Installed (K Units)

33.49

31.58

33.28

38.56

34.17

35.05

Price (USD/Unit)

33730

34026

35056

35340

35730

36267

Value (M USD)

1129.5

1074.7

1166.7

1362.7

1220.9

1271.2

Gross Margin

35.53%

36.02%

34.81%

35.61%

36.06%

35.63%

The number of pools installed has fluctuated slightly, with a peak in 2018 at 79.32 thousand units and a slight decrease to 71.28 thousand in 2021, indicating a market that is maintaining a consistent level of demand.

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The price per unit has shown a general upward trend, increasing from 34,213 USD in 2018 to 36,780 USD in 2023, which could be due to inflation or improvements in pool features and quality. Revenue has also seen an overall increase, starting at 2,713.9 million USD in 2018 and reaching 2,735.3 million USD in 2023, suggesting a growing market with a strong financial performance.

The gross margin has been relatively stable, with minor fluctuations, starting at 37.07% in 2018 and ending at 37.16% in 2023. This stability in gross margin, despite changes in other metrics, points to effective cost management and pricing strategies within the South American swimming pool market.

South America

2018

2019

2020

2021

2022

2023

Installed (K Units)

79.32

73.29

75.78

71.28

76.38

74.37

Price (USD/Unit)

34213

34512

35555

35843

36237

36780

Value (M USD)

2713.9

2529.5

2694.4

2554.9

2767.8

2735.3

Gross Margin

37.07%

37.58%

36.31%

37.14%

37.61%

37.16%

The North American market for swimming pools, encompassing both the United States and Canada, has shown a mixed trend in consumption from 2018 to 2023. The United States has been the dominant consumer, with a high point in 2021 at 117.54 thousand units, indicating a strong demand for swimming pools. However, there has been a slight decline to 97.26 thousand units in 2023, suggesting some market saturation or economic factors at play.

Canada, while a smaller in scale, has shown a steady increase in swimming pool consumption, from 10.31 thousand units in 2018 to 14.07 thousand in 2023. This growth reflects a consistent interest and investment in swimming pool installations in Canada.

 

2018

2019

2020

2021

2022

2023

United States

80.48

78.65

96.38

117.54

98.28

97.26

Canada

10.31

10.19

10.61

12.09

13.10

14.07

Total

90.79

88.84

106.99

129.63

111.39

111.33

Updated on 11/19/2024
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