Swimming Pool Market Industry Chain and Dynamics Analysis

8 min read

Updated on 11/19/2024

1 Swimming Pool Key Raw Materials Analysis

The raw materials of the swimming pool industry are mainly composed of fiberglass, vinyl, concrete and other materials. Affected by the new coronavirus epidemic and the Russia-Ukraine war, global commodity and energy prices such as plastics have generally risen. This will drive the price of raw materials in the swimming pool industry to show an upward trend. It is expected that as the economy and trade recover and inflation eases, the price of raw materials in the swimming pool industry will show a downward trend in the future.

Table Key Raw Materials

Raw Materials	Major Production Base
Fiberglass	Mainly in Asia
Vinyl	Mainly in Asia, North America, Europe
Concrete	Mainly in Asia, North America, Europe

2 Key Suppliers of Raw Materials

The raw materials used in the construction of swimming pools typically include Fiberglass, Vinyl, and Concrete.

Fiberglass is Supplied by companies such as Jushi Group Corporation, Owens Corning, and Taishan Fiberglass Inc. These suppliers provide the reinforcing materials that contribute to the strength and durability of the pools.

Vinyl is known for its flexibility and is often used in above-ground pools. Material for vinyl pools is supplied by Dow and LyondellBasell.

Suppliers for concrete, which is a common material for in-ground pools, include Holcim Group, HeidelbergCement AG, and Cemex. Concrete pools are known for their longevity and customization options.

Each of these suppliers plays a crucial role in providing the necessary materials for the swimming pool industry, ensuring that pool builders have access to high-quality raw materials for their projects.

Table Key Suppliers of Raw Materials

Raw Material	Suppliers	Contact Information
Fiberglass	Jushi Group Corporation	Web: www.jushi.com Tel: 86-573-8818-1222 Add: 669 South China Wen Road Tongxiang Economic Dvpt Zn Jiaxing, 314500 China
	Owens Corning	Web: www.owenscorning.com Tel: 1-419-248-8000 Add: Owens Corning Parkway Toledo, OH 43659 United States
	Taishan Fiberglass Inc	Web: www.ctgf.com Tel: 86-538-8619027 Email: [email protected]
Vinyl	Dow	Web: corporate.dow.com Tel: +1 (989) 636-1000 Add: 2211 H.H. Dow Way, Midland, MI 48674
	LyondellBasell	Web: www.lyondellbasell.com Tel: 1-713-309-7200 Add: LyondellBasell Tower, Ste 700 1221 McKinney Street Houston, TX 77010 United States
	BASF	Web: www.basf.com Tel: 49-621-60-0 Add: Carl-Bosch-Strasse 38 Ludwigshafen, 67056 Germany
Concrete	Holcim Group	Web: www.holcim.com Tel: +41 (0)58 858 58 58 Add: Grafenauweg 10, 6300 Zug, Switzerland
	HeidelbergCement AG	Web: www.heidelbergcement.com Tel: 49-6221-481-227 Add: Berliner Strasse 6 Heidelberg, 69120 Germany
	Cemex	Web: www.cemex.com Tel: +52818-328-3000 Add: Av. Constitución No. 444 Pte. Col. Centro, Monterrey, NL, 64000, Mexico

3 Swimming Pool Distributors List

Distributors like McKenzie Scapes, Epic Pools and Spas, and LIV North operate in North America, while Euro Team Trader and Cresta Leisure are based in Europe.

Table Distributors of Swimming Pool with Contact Information

Distributors	Contact Information	Regions
McKenzie Scapes	Web: mckenziescapes.com Tel: (513) 738-2111 Add: 11765 STATE ROUTE 128 HAMILTON (ROSS), OH 45013	North America
Epic Pools and Spas	Web: epic-pools.com Tel: (254) 312-3172 Add: 200 West Veterans Memorial Boulevard, Harker Heights, Texas 76548, United States	North America
LIV North	Web: livnorth.com Tel: (416) 665-9657 Add: 7115 Tomken Road, Mississauga, ON, L5S 1R7	North America
Euro Team Trader	Web: euroteamtrader.pl Tel: +48 501 986 322 Email: [email protected]	Europe
Cresta Leisure	Web: cresta-leisure.co.uk Tel: 01305 259253 Add: Railway Triangle, Poundbury Road, Dorchester, Dorset DT1 2PJ	Europe

4 Swimming Pool Customers

Key customers of swimming pool include Four Seasons Holdings Inc., Hilton Worldwide Holdings Inc., Cap Tonic Val d’Europe, Delaware Swim & Fitness Center, and Fitness First Burjuman Center.

Table Customers of Swimming Pool with Contact Information

Downstream Buyers	Contact Information	Regions
Four Seasons Holdings Inc.	Website: www.fourseasons.com Tel: +1 (416) 441-4648 Address: 1165 Leslie Street, Suite 600, Toronto, ON M3C 2K8, Canada	North America
Hilton Worldwide Holdings Inc	Website: www.hiltonworldwide.com Tel: 1-703-883-1000 Address: 7930 Jones Branch Drive Suite 1100 McLean, VA 22102 United States	North America
Cap Tonic Val d’Europe	Website: www.captonic.com Tel: 33 1 64 63 23 69 Address: 14 Cours du Danube, SERRIS, 77700 MARNE LA VALLEE, France	Europe
Delaware Swim & Fitness Center	Website: www.delswimfit.com Tel: 302 234 8500 Address: 4905 Mermaid Blvd, Wilmington, DE 19808	North America
Fitness First Burjuman Center	Website: uae.fitnessfirstme.com Tel: 971 4 351 0044 Address: Level 3, Burjuman Center, New Burjuman Building Beside Prime Medical Centre-Dubai-United Arab Emirates	Middle Esat

5 Swimming Pool Industry Trends

Table Industry Trends

Item

Descriptions

Growing demand for smart pools

A smart pool is like a smart home. Modern technology and innovation in the swimming pool industry now allow more elements in swimming pools to be automated than ever before. Pool maintenance is complex. There are many different tasks to consider – cleaning, lighting, heating and ensuring the water has the right levels of chlorine to keep it safe and healthy. Smart technology can make all of these processes extremely easy.

Smart pools are equipped with sensors and automation technology that allow homeowners to remotely control the pool’s temperature, lighting and filtration system through an app on a smartphone or tablet. The technology is designed to enhance the pool experience and make it more convenient for homeowners, reducing the time, cost and man-hours required for maintenance.

As a result, there is a growing demand for smart swimming pools equipped with modern technologies such as remote management controls, energy-saving filtration systems, and advanced heating and lighting systems.

Growing demand for environmentally friendly and sustainable swimming pool equipment and accessories

As consumers become more aware of the environmental impact of their choices, they are looking for eco-friendly products and services. This trend is also evident in the swimming pool industry, where more and more pool owners are looking for sustainable options.

For example, some pool companies now offer eco-friendly pool cleaning and maintenance services, using natural and biodegradable cleaning products. Additionally, energy-efficient pool equipment such as pumps and heaters are now available, which can help reduce energy consumption and costs for pool owners.

With the acceleration of globalization and the prominence of environmental issues, the swimming pool industry needs to respond to the pressure of energy and environmental sustainability and meet the public’s high demand for water quality and safety, and achieve a dynamic balance of energy conservation, environmental protection, and maintenance of healthy water quality.

6 Swimming Pool Growth Drivers

‘Increase in residential construction projects’

A significant driver of the swimming pool market is the increasing number of residential construction projects across the globe. The continued recovery of the residential construction industry in the United States, major European countries, China, India and other countries around the world is a positive growth factor for the global swimming pool market. Rising incomes and home-buying budgets, as well as rising demand for attractive amenities, have had an impact on the construction of swimming pools, spas and gyms in residential areas, influencing builders to include swimming pool and gym facilities in their projects. As the residential construction market recovers, rising demand for new and modern residential Units with lucrative amenities will drive the growing swimming pool market.

‘High growth in tourism’

A key factor influencing the growth of the swimming pool market is the high growth of tourism. Tourism destinations such as resorts, hotels and resorts are increasingly focusing on providing first-class facilities to attract tourists seeking relaxation and entertainment. Indoor and outdoor swimming pools have become an essential feature of these accommodations, greatly enhancing the overall guest experience. The global tourism industry is growing year by year on the back of increasing income and tourism expenditure, and the booming tourism industry is expected to increase hotel production, which will aid the growth of the swimming pool market.

7 Swimming Pool Market Challenges

Table Market Challenges

Item

Descriptions

Raw material price fluctuations

Raw materials are an important part of the cost of swimming pool products. The main raw materials of swimming pool products include Fiberglass, Vinyl, Concrete, etc. In recent years, the epidemic and the war in Russia and Ukraine have had a huge impact on the global economy. Raw material prices such as concrete and chemicals are on an upward trend due to various trade restrictions, high production costs and supply chain issues. The rise in raw materials will have a negative impact on swimming pool manufacturers. If the company cannot respond to fluctuations in raw material prices in a timely manner, it will cause damage to the company’s production and operations.

Labor shortage and rising labor costs

With economic development and aging trends, labor costs in various places are gradually rising. For example, according to the latest employment data released by the U.S. Bureau of Labor Statistics, in August 2023, the average hourly wage of American workers was $33.82. In August 2022, the average hourly wage of employees was US$32.43, a year-on-year increase of 4.3%. From 2018 to 2022, hourly wages in China will grow steadily at a compound annual growth rate of 7.5%, reaching US$5.6 in 2022. It is expected that hourly wages in China will continue to grow to US$7.4 by 2027, with a compound annual growth rate of 5.8% from 2023 to 2027. Increased labor costs will affect swimming pool company operations and profits.

In addition, many countries around the world are currently facing labor shortages. For example, according to a report by the German Federal Labor Office, 200 of about 1,200 occupations surveyed in 2022 will experience labor shortages. About 50.5 million people quit their jobs in 2022, breaking the record set in 2021, according to the U.S. Bureau of Labor Statistics’ JOLTS report. Companies in the industry have had to raise wages to attract workers due to labor shortages and rising prices. The shortage of labor has restricted the company’s business development, and the increase in labor costs will affect the company’s operations and profits.

Updated on 11/19/2024