Swimming Pool Equipment Stores in the US - Industry Market Research Report

Swimming Pool Equipment Stores in the US - Industry Market Research Report

Swimming Pool Equipment Stores in the US

Swimming pool equipment stores are highly reliant on the homeowner market, so changes in the homeownership rate, consumer spending or home pool usage can significantly influence performance. Sales soared amid the pandemic's height, as homeownership increased, and since many were stuck at home, pool usage surged. Most homeowners opted for DIY measures due to social distancing guidelines, further boosting sales. However, the growth was short-lived. Travel rebounded swiftly, with consumers increasingly putting off home improvement projects or opting for cleaning services amid brighter horizons. As a result, revenue has been falling at a CAGR of 1.3% over the past five years and is expected to reach $5.5 billion in 2023, when it will decline 5.8%.

Companies in this industry primarily sell above ground swimming pools and hot tubs. These companies also sell swimming pool equipment, including pool chemicals, cleaning and maintenance equipment and recreational items intended for swimming pool use.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.