Global Automatic Pool Covers Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Automatic Pool Covers Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

The automatic pool cover is safe, secure and easy to use, with the push of a button the automatic safety cover opens or closes. Automatic pool covers are effective in preventing accidents and have significant cost saving advantages, when the pool is closed an automatic pool cover will save on chemicals, evaporative water loss and energy costs.

Market Overview:

The latest research study on the global Automatic Pool Covers market finds that the global Automatic Pool Covers market reached a value of USD 280.31 million in 2022. It’s expected that the market will achieve USD 397.88 million by 2028, exhibiting a CAGR of 6.01% during the forecast period.

The epidemic has affected the automatic pool cover industry. The price of raw materials has risen, the supply chain has been interrupted, the consumption willingness and consumption level of downstream individual customers have been affected, the operations of corporate customers have been impacted, and short-term demand has been affected. In the long run, with the weakening of the impact of the epidemic, the recovery of the economy and life, the improvement of people's living standards, the acceleration of urbanization in emerging economies, and the development of automation technology, the market for automatic pool covers has broad prospects.

1 Drivers

1.1 The automatic pool cover has the product advantages of convenience, safety, energy saving and environmental protection.
1.2 The development of swimming pool related industries drives the automatic pool cover industry.
With the development of the economy, the acceleration of urbanization, the expansion of the real estate industry, and the rapid development of swimming pool related industries, the growth of the automatic pool cover industry has been driven.

2 Restraints and Challenges

2.1 There are a few restrictions on the use of automatic pool covers.
The initial investment cost of the automatic pool cover is high. Due to the large number of parts and components of the whole set of mechanical equipment, some facilities operate underwater, and the design of transmission lines is required. The installation, operation and maintenance costs are high and the payback period is long.

3 Opportunities

In the early days, automatic pool covers were considered a luxury addition, opening and closing pools with the push of a button, a feature only available to high-end homeowners. However, as technology improves and costs decrease, automatic pool covers are becoming more common, especially in mid-range pools. The rapid development of automatic pool covers is driven by automation technology and equipment.

Region Overview:

United States was the largest revenue market with a market share of 46.83% in 2017 and 47.41% in 2022, an increase of 0.58%. In 2022, Europe market share was 36.66%, ranking second.

Company Overview

Latham Group
Latham is the largest designer, manufacturer and marketer of in-ground residential swimming pools in North America, Australia and New Zealand with over six decades of experience at the center of the backyard lifestyle. Every day, families in North America, Europe and Australia enjoy the Latham pool experience. And each year, thousands more join them.
Latham is an established provider with a proven history of quality and customer satisfaction. When it comes to quality, selection, simplicity and support, Latham is The Pool Company.

T&A

Their goal is making quality products, installed by pool professionals, enhancing the comfort level of a pool and lowering its environmental footprint. Established in 1995 by Ludo Vervoort, Technics & Applications (T&A) has now become one of the leading manufacturers of automatic pool covers in Europe.
Situated in the North of Belgium, T&A produces 4000 covers per year distributed in more than 20 different countries. Their production plant of 15,000m² is fully automated ensuring high quality products and reliable lead times.

Cover-Pools Incorporated

Cover-Pools is the world’s leading manufacturer of automatic safety pool covers. In 1959, Joe Lamb, the founder of Cover-Pools, invented the automatic pool cover—a cover that could be used daily and offer safety, maintenance, and heat-saving benefits to all swimming pool owners. They invented the automatic pool cover and patented it in 1962. Since then, they have been designing custom covers that protect families and their pools, while accommodating most pool shapes and design features. They strive to stay current with the latest pool design trends by generating new and creative ways to cover any pool.

Automatic Pool Covers companies are mainly from Europe and United States; the industry concentrate rate is relativity high. The market share of the top three companies in 2021 was 39.90%. The top three companies are Latham Group, T&A and Cover-Pools Incorporated, with the revenue market share of 19.77%, 12.33% and 7.80% in 2021.

Segmentation Overview:

Automatic pool covers can be divided into Security and Thermal according to their main functions. Security is dedicated to providing safety protection and energy saving, and Thermal usually also has the function of heat preservation or solar heating.

By type, Security segment accounted for the largest share of market in 2021.

Application Overview:

Automatic pool covers are mainly used in pools. According to the scope of application, automatic pool covers can be divided into in-ground swimming pools and above-ground pools.

By application, the Above-Ground Pools segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Automatic Pool Covers market covered in Chapter 3:

Aqua Cover
Variopool B.V
Aquamatic Cover Systems
Piscines Magiline
Mondial Piscine
All-Safe Pool Fence & Covers
Cover-Pools Incorporated
Favaretti Group
Walter Pool
Twinscape
Automatic Pool Covers
Compass Pools
DEL
RJB HOME - Luxury Moving Solutions
Aqualux International
Elite Pool Covers
Latham Group
COVREX
Piscines Desjoyaux
T&A

In Chapter 4 and Chapter 14.2, on the basis of types, the Automatic Pool Covers market from 2018 to 2029 is primarily split into:

Security
Thermal

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Automatic Pool Covers market from 2018 to 2029 covers:

In-Ground Swimming Pools
Above-Ground Pools

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)