1 Different Types of Swimming Pool Market
Segment by type, the swimming pool market can be split into design and construction.
Swimming Pool design refers to the process by which a professional team makes a selection based on the requirements of the seller and the structure of the house before construction. The designer will appropriately add the landscape function during the design process according to the surrounding environment, or add the swimming pool function according to the buyer’s requirements, and finally form a design drawing for the buyer to watch and subsequent construction.
The construction of swimming pools refers to the subsequent construction processes, including the use of swimming pool materials, construction supervision, etc.
2 Different Applications of Swimming Pool Market
Segment by applications, the swimming pool market can be split into residential and commercial.
Residential swimming pools are installed in residential areas, usually private pools, and generally smaller in area than public pools. Most are built in the backyard or residential garden.
Commercial refer to swimming pools in gyms, hotels, etc. And they are usually part of larger leisure centers or entertainment venues. These centers usually have multiple swimming pools.
3 Swimming Pool Market Size (M USD) Growth Rate Analysis by Type 2023 VS 2029
In 2023, the market size for design is 2472.7 million USD. It is projected to grow to 3532.2 million USD by 2029. The CAGR for the design segment from 2023 to 2029 is 6.12%.
The construction segment had a market size of 16446.2 million USD in 2023 and is expected to reach 22288.0 million USD by 2029. The CAGR for construction from 2023 to 2029 is 5.20%.
The total market size, combining both design and construction, was 18918.9 million USD in 2023 and is forecasted to be 25820.2 million 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 swimming pool market, with both design and construction segments expected to grow at a steady pace over the next few years. The design segment shows a slightly higher growth rate compared to the construction segment.
Table Swimming Pool Market Size (M USD) Growth Rate Analysis by Type 2023 VS 2029
| 2018 | 2023 | 2029 | CAGR (2023-2029) |
Design | 1991.3 | 2472.7 | 3532.2 | 6.12% |
Construction | 13888.5 | 16446.2 | 22288.0 | 5.20% |
Total | 15879.9 | 18918.9 | 25820.2 | 5.32% |
4 Swimming Pool Consumption (K Units) Comparison by Application: 2018 VS 2023 VS 2029
In 2018, the consumption was 407.55 thousand units, which increased to 449.01 thousand units in 2023. The forecast for 2029 is 592.00 thousand units. The CAGR for the residential segment from 2023 to 2029 is 4.72%.
The commercial sector had 31.95 thousand units in 2018, grew to 38.09 thousand units in 2023, and is expected to reach 54.99 thousand units by 2029. The CAGR for the commercial segment from 2023 to 2029 is 6.31%.
The total consumption, combining both residential and commercial, was 439.50 thousand units in 2018, rose to 487.10 thousand units in 2023, and is projected to be 647.00 thousand units in 2029. The overall CAGR for the swimming pool market from 2023 to 2029 is 4.84%.
Table Swimming Pool Consumption (K Units) Comparison by Application: 2018 VS 2023 VS 2029
| 2018 | 2023 | 2029 | CAGR (2023-2029) |
Residential | 407.55 | 449.01 | 592.00 | 4.72% |
Commercial | 31.95 | 38.09 | 54.99 | 6.31% |
Total | 439.50 | 487.10 | 647.00 | 4.84% |
5 Global Swimming Pool Revenue Market Share by Type
The global swimming pool market has shown a robust growth from 2018 to 2023, with both the Design and Construction segments contributing significantly to this expansion. The Design segment has seen a steady increase in revenue, from 1991.3 million USD in 2018 to 2472.7 million USD in 2023, reflecting a growing demand for innovative pool designs. The Construction segment has also experienced growth, with revenues climbing from 13888.5 million USD in 2018 to 16446.2 million USD in 2023, indicating a strong market for building new pools.
In terms of market share, the Design segment has slightly increased its presence, rising from 12.54% in 2018 to 13.07% in 2023, which suggests an increasing value placed on aesthetic and functional pool design.
Table Global Swimming Pool Revenue (M USD) by Types (2018-2023)
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
Design | 1991.3 | 2093.5 | 2495.5 | 2496.5 | 2355.1 | 2472.7 |
Construction | 13888.5 | 14521.9 | 17153.9 | 16931.6 | 15859.0 | 16446.2 |
Total | 15879.9 | 16615.4 | 19649.4 | 19428.1 | 18214.1 | 18918.9 |
Table Global Swimming Pool Revenue Market Share by Types (2018-2023)
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
Design | 12.54% | 12.60% | 12.70% | 12.85% | 12.93% | 13.07% |
Construction | 87.46% | 87.40% | 87.30% | 87.15% | 87.07% | 86.93% |
Total | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
6 Global Swimming Pool Consumption Market Share by Applications
The global swimming pool market has shown a consistent demand from 2018 to 2023, with a clear preference for residential pools. In 2018, residential pools accounted for 92.73% of the total consumption, with 407.55 thousand units installed. This segment has maintained a dominant market share, slightly increasing to 92.18% in 2023, despite a decrease in the number of units installed to 449.01 thousand. The commercial pool sector, while smaller, has also seen growth, with units increasing from 31.95 thousand in 2018 to 38.09 thousand in 2023, representing a market share that has slightly increased from 7.27% to 7.82% over the same period.
Figure Global Residential Consumption (K Units) Growth (2018-2023)
Figure Global Commercial Consumption (K Units) Growth (2018-2023)
The total consumption of swimming pools has fluctuated, with a peak in 2020 at 523.32 thousand units, followed by a slight decline to 487.10 thousand units in 2023. Despite these fluctuations, the residential segment has consistently been the driving force in the market, indicating a strong and enduring demand for residential swimming pools. The commercial segment, while a smaller part of the market, has also shown resilience and growth, suggesting a steady need for commercial pools, possibly driven by the hospitality and real estate sectors.
Table Global Swimming Pool Consumption (K Units) by Applications (2018-2023)
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
Residential | 407.55 | 422.24 | 484.07 | 474.22 | 439.14 | 449.01 |
Commercial | 31.95 | 33.64 | 39.25 | 39.06 | 36.84 | 38.09 |
Total | 439.50 | 455.88 | 523.32 | 513.28 | 475.98 | 487.10 |
Table Global Swimming Pool Consumption Share by Applications (2018-2023)
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
Residential | 92.73% | 92.62% | 92.50% | 92.39% | 92.26% | 92.18% |
Commercial | 7.27% | 7.38% | 7.50% | 7.61% | 7.74% | 7.82% |
Total | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
7 Global Forecasted Revenue of Swimming Pool by Type
The global swimming pool market is projected to experience significant growth from 2023 to 2029, with both Design and Construction segments contributing to this expansion. In 2023, the Design segment is estimated at 2472.7 million USD, with a forecasted increase to 3532.2 million USD by 2029. The Construction segment is also expected to grow, starting at 16446.2 million USD in 2023 and reaching 22288.0 million USD in 2029. The total market size is anticipated to rise from 18918.9 million USD in 2023 to 25820.2 million USD in 2029.
In terms of market share, the Design segment is projected to maintain a relatively stable presence, with a slight increase from 13.07% in 2023 to 13.68% in 2029. The Construction segment, which is the larger of the two, is expected to see a minor decrease in its market share, from 86.93% in 2023 to 86.32% in 2029. This indicates that while the Construction segment will continue to dominate the market, the Design segment is also gaining importance, possibly due to a growing emphasis on pool aesthetics and functionality.
Overall, the forecasts suggest a positive outlook for the swimming pool industry, with a balanced growth between the Design and Construction segments. The increasing market share of the Design segment could reflect a trend towards more customized and high-quality pool designs, which may be driving consumer interest and investment in this area.
Table Global Forecasted Revenue (M USD) of Swimming Pool by Type (2023-2029)
| 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
Design | 2472.7 | 2639.9 | 2776.9 | 3003.0 | 3160.8 | 3370.6 | 3532.2 |
Construction | 16446.2 | 17461.8 | 18201.8 | 19419.0 | 20293.2 | 21372.7 | 22288.0 |
Total | 18918.9 | 20101.7 | 20978.7 | 22422.0 | 23454.0 | 24743.3 | 25820.2 |
Table Global Forecasted Revenue Market Share of Swimming Pool by Type (2023-2029)
| 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
Design | 13.07% | 13.13% | 13.24% | 13.39% | 13.48% | 13.62% | 13.68% |
Construction | 86.93% | 86.87% | 86.76% | 86.61% | 86.52% | 86.38% | 86.32% |
Total | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
8 Global Forecasted Consumption of Swimming Pool by Application
The global swimming pool market is anticipated to witness a steady growth in both consumption and revenue from 2023 to 2029, with a significant contributions from both residential and commercial applications. In terms of consumption, residential pools are expected to increase from 449.01 thousand units in 2023 to 592.00 thousand units by 2029, maintaining a dominant market share. Commercial pools, while a smaller segment, will also see a rise from 38.09 thousand units in 2023 to 54.99 thousand units in 2029. The total consumption is projected to grow from 487.10 thousand units in 2023 to 647.00 thousand units in 2029.
Table Global Forecasted Consumption (K Units) of Swimming Pool by Application (2023-2029)
| 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
Residential | 449.01 | 470.59 | 485.67 | 510.65 | 541.08 | 564.19 | 592.00 |
Commercial | 38.09 | 40.58 | 42.62 | 45.53 | 49.14 | 51.82 | 54.99 |
Total | 487.10 | 511.16 | 528.29 | 556.18 | 590.22 | 616.01 | 647.00 |
Revenue-wise, the residential segment is forecasted to rise from 16053.1 million USD in 2023 to 21549.4 million USD in 2029, reflecting a strong demand for residential pools. The commercial segment, though smaller, is also expected to contribute significantly to the market’s growth, with revenues increasing from 2865.8 million USD in 2023 to 4270.8 million USD in 2029. The total revenue is anticipated to climb from 18918.9 million USD in 2023 to 25820.2 million USD in 2029.
Table Global Forecasted revenue (M USD) of Swimming Pool by Application (2023-2029)
| 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
Residential | 16053.1 | 17010.6 | 17700.3 | 18866.7 | 19671.5 | 20711.7 | 21549.4 |
Commercial | 2865.8 | 3091.1 | 3278.4 | 3555.3 | 3782.5 | 4031.7 | 4270.8 |
Total | 18918.9 | 20101.7 | 20978.7 | 22422.0 | 23454.0 | 24743.3 | 25820.2 |
Overall, these projections indicate a thriving market for swimming pools, driven by a consistent demand for residential pools and a growing interest in commercial pools. The increasing revenues suggest a positive outlook for the industry, with potential for further expansion and innovation in both segments.
