Global Swimming Pool Equipment for Commercial Pools Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029
Swimming pool equipment for Commercial refers to commercial use defined as a combination of electronic and mechanical equipment designed to manage the disinfection, filtration, and circulation of swimming pool water individually or in combination with each other.
Market Overview:The latest research study on the global Swimming Pool Equipment for Commercial Pools market finds that the global Swimming Pool Equipment for Commercial Pools market reached a value of USD 4729.97 million in 2022. It’s expected that the market will achieve USD 9239.45 million by 2028, exhibiting a CAGR of 11.81% during the forecast period.
Impacts from the short-term
Since the outbreak of the COVID-19 virus in December 2019, the disease has spread to nearly 100 countries around the world, and the World Health Organization has declared this an urgent public health event.
COVID-19 is first and foremost a global humanitarian challenge. Thousands of health professionals are bravely fighting the virus, putting their lives at risk. Governments and industry are working together to understand and respond to this challenge, provide support to victims, their families and communities, and seek treatment and vaccines.
In countries where early cases are rapidly increasing (especially in China and South Korea), COVID-19 cases continue to decline. However, cases outside Asia are growing rapidly, mainly driven by complex events in Europe, the United States and the Middle East.
In addition to directly harming human health, COVID-19 also has a huge impact on the operation of the swimming industry. The closure of the store not only exacerbates the shortage of funds for SMEs, but also reduces the solvency of the enterprise. Some companies are in business trouble or even bankruptcy, which indirectly leads to a reduction in demand for swimming equipment for downstream applications. Therefore, in the short term, Swimming Pool Equipment for Commercial Pools industry will be greatly affected by COVID-19.
Impacts from the medium-term
The sudden upgrade of COVID-19 proves the cross-border vulnerability of the supply chain and the responsiveness of the business continuity plan. Affected by the new Coronary Pneumonia (COVID-19), the business hours or services of most swimming equipment agents have changed. As the epidemic is getting worse, most European countries have closed cross-border logistics services and flights, so transportation has become a major problem. In addition, the virus is currently beset by the effects of residues, and the growing interconnection between markets has led to cross-jurisdiction Complex supply chains in districts and industries. The supply chain of raw materials is interrupted, downstream demand is reduced, and companies are forced to reduce production. Therefore, the prospect of Swimming Pool Equipment for Commercial Pools Industry in the medium term is still not optimistic.
Downstream demand continues to grow
From a macroeconomic perspective. With the steady and rapid development of the national economy and the improvement of people's living standards, people's demand for entertainment is increasing. With the continuous development of the sports industry, more and more people pay attention to the improvement of physical fitness, which will promote the development of the swimming industry. At the same time, with the continuous development of the real estate industry, more and more communities improve infrastructure and increase with the investment in swimming pool construction, these factors will certainly promote the development of swimming equipment. Under such huge social demand, the swimming equipment industry has bright prospects.
Intense industry competition
There are many manufacturers of Swimming Pool Equipment for Commercial Pools, and the industry is fiercely competitive. In addition, the barrier to entry in this industry is not high because the equipment has different uses and performances. To a certain extent, it may affect the profitability of the industry.
Rising labor costs
With the development of the economy, people have higher demands on wages, which has led to an increase in labor prices in various regions of the world. In view of the fact that the production of Swimming Pool Equipment for Commercial Pools requires more labor, the cost of manufacturers increases as labor costs increase.
Region Overview:In 2022, the share of the Swimming Pool Equipment for Commercial Pools market in North America stood at 43.07%.
Company Overview:Fluidra is one of the major players operating in the Swimming Pool Equipment for Commercial Pools market, holding a share of 5.6% in 2022.
Fluidra
Fluidra SA is a Spanish listed company engaged in the pool and wellness industry. The company specialized in the manufacture and marketing of equipment and connected products for residential and commercial swimming pools and wellness facilities.
Hayward
Hayward Industries Inc., manufactures fluid-control equipment, including pool equipment. The Company's products include pool pumps, filters, heaters, and cleaning systems and distribute fiber-optic lighting designed to illuminate pools and backyards. Hayward Industries Inc., also make plastic valves for water treatment plants and aquariums and filters.
Segmentation Overview:Among different product types, Constant Temperature Equipment segment is anticipated to contribute the largest market share in 2028.
Application Overview:By application, the Leisure Centre segment occupied the biggest share from 2018 to 2022.
Key Companies in the global Swimming Pool Equipment for Commercial Pools market covered in Chapter 3:AQUA
LASWIM
DSL
HENGTAI
Hayward
Pentair
Maytronics
Fluidra
Desjoyaux
JINTAI
Emaux Water Technology
Waterco
In Chapter 4 and Chapter 14.2, on the basis of types, the Swimming Pool Equipment for Commercial Pools market from 2018 to 2029 is primarily split into:Power Equipment
Filtration Equipment
Disinfection Equipment
Constant Temperature Equipment
Sewage Suction Equipment
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Swimming Pool Equipment for Commercial Pools market from 2018 to 2029 covers:School Pools
Leisure Centre
Hotel Swimming Pools And Spas
Others
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)