The global swimming pool construction market size was valued at USD 8,315.8 Million in 2023 and is projected to reach USD 12,282.5 Million by 2032, growing at a CAGR of 4.1% during the forecast period (2024–2032).
The global swimming pool construction market includes building new pools and renovating old pools in residential and commercial buildings. Concrete, fiberglass, and vinyl liner are used to construct swimming pools in standard shapes and sizes or according to the order. The type of construction offered is either in-ground or above-ground, depending on the requirements. Due to the rise in the number of diseases, more people are becoming aware of the importance of fitness. This has led to constructing new gyms with swimming pools and renovating old gyms and pools with new equipment. A rise in travel and tourism worldwide has also led to building unique hotels, renting bungalows, and renovating old hotels and bungalows with swimming pools.
Instances of health problems and mental illnesses are increasing due to improper work-life balance. Consequently, people are becoming more aware of the importance of exercise and fitness, increasing the construction of gyms and swimming pools.
The tourism business has grown swiftly, increasing the demand for hotel accommodations. Consequently, key market players are focusing on improving hotels' aesthetic appeal by investing in swimming pools to attract more travelers. Tourism boosts the demand for goods and services, increasing the national GDP. This increase in GDP suggests that people are spending on travel and luxuries. Therefore, there is an increase in the construction of hotels to meet the growing demand and, in turn, spur the growth of the swimming pool construction market.
Swimming pools are hard to build due to their complex and precision work and water holding capacity. The walls need to be watertight to prevent water leakage from the pool. This requires high-quality materials, which are more expensive than regular-quality materials. Furthermore, the water must be regularly filtered using sand, cartridge, and vertical grid filters. The walls also require cleaning to prevent dirt and moss growth. Consequently, the construction and maintenance of swimming pools require a lot of energy, time, and money, which hampers market growth.
IoT sensors and platforms offer many features to maintain the cleanliness of the swimming pools efficiently. This will save maintenance cost and time as they can be used in systems that act as filters and temperature controllers. These systems can sense the water contamination level and clean it automatically, saving energy and time. IoT systems also control lights and water heaters. Therefore, IoT will make it cheaper to maintain and run swimming pools, creating new growth opportunities.
| Study Period | 2020-2032 | CAGR | 4.1% |
| Historical Period | 2020-2022 | Forecast Period | 2024-2032 |
| Base Year | 2023 | Base Year Market Size | USD 8,315.8 Million |
| Forecast Year | 2032 | Forecast Year Market Size | USD 12,282.5 Million |
| Largest Market | North America | Fastest Growing Market | Europe |
North America dominates the global swimming pool construction market and is expected to grow at a CAGR of 4.1% during the forecast period. The US, Canada, and Mexico are the three major countries in the swimming pool construction market in North America. The high regional share is attributed to the flourishing construction of swimming pools in these countries and the improving health awareness among people.
Europe holds the second-largest position in the market. It is expected to grow at a CAGR of 3.8%, accounting for USD 2.6 billion during the forecast period. Many high-end hotel projects are under construction in the UK, Germany, France, and Spain. As tourism is increasing in Europe, there is a need for the construction of hotels. Over 450 new high-end hotel projects with multiple pools are being built in Europe, and they are expected to be open in the coming years, which can lead to an increase in the market share.
Asia-Pacific is the fastest-growing region during the forecast period. Asia-Pacific is home to two of the most populated countries, China and India. The market is driven by countries' GDP and tourism. Furthermore, there has been a rise in the construction of private homes, hotels, and other commercial properties with swimming pools in Asia-Pacific.
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Based on type, the global swimming pool construction market is classified into Concrete, Fiberglass, and Steel Frames. Concrete holds the largest market share and is expected to grow at a CAGR of 3.8% during the forecast period. Concrete is strong and can withstand a lot of water pressure and thus making it the first choice for the construction of swimming pools. Concrete also makes it easy to build big swimming pools with its various properties. Concrete swimming pools offer considerable flexibility to experiment with different designs and colors. Swimming pools made of Fiberglass last longer, have less construction time, and require less cost in maintenance than concrete pools. With these benefits, many manufacturers pre-build small and medium-sized pools in some of the most popular and complex shapes. This saves time during the installation process and lowers the project cost. These benefits of fiberglass will surely increase the growth of the swimming pool construction market.
The steel frame segment is growing due to its durability, strength, and design flexibility. These frames provide a strong foundation that can withstand various environmental stresses such as soil movement and water pressure. steel frames offer flexibility in design, allowing for customized shapes and sizes to meet specific aesthetic and functional requirements. When coated appropriately such as Epoxy coating its corrosion resistance ensures durability and lower maintenance requirements. Durability, design flexibility, cost-effectiveness, and faster construction drive the growth of the segment.
The vinyl liner segment is significant due to its cost-effectiveness and versatility. Vinyl liners are known for their smooth, non-porous surfaces, which are easier to clean and maintain than other materials. Vinyl liner pools can be customized to fit a variety of shapes and sizes, making them an attractive choice for homeowners. The installation of vinyl liners is often faster and less labour-intensive which makes it a cost-effective option. While vinyl liners typically last 7 to 10 years before needing replacement, their price and ease of repair make them an attractive alternative for many residential pool owners. Cost-effectiveness, design versatility, and easy installation drive the growth of the segment.
Based on construction type, the global swimming pool construction market is segmented into Above-Ground and In-Ground. The above-ground segment is highlighted by its lower cost and ease of installation. Above-ground pools are those that are installed above ground level rather than buried or partially buried, like most pools. Above-ground pools are generally made of steel, aluminium, or resin and are available in various sizes and shapes, allowing for flexible placement in residential backyards. Above-ground pools often come in pre-fabricated kits that can be installed rapidly, making them a popular alternative for homeowners seeking a faster installation process. Increasing consumer interest in affordable and temporary pool solutions drives the growth of the segment.
The in-ground segment of the swimming pool building market consists of pools that are built into the ground. This segment is popular due to its durability, customization options, and the possibility of luxurious features like infinity edges, waterfalls, and integrated lighting. Concrete, fiberglass, and vinyl liners are common materials used in the construction of in-ground pools. The growing trend of home improvement and enhanced real estate value drive the growth of the segment.
Based on end users, the global swimming pool construction market is segmented into Residential and Commercial. The functions of the commercial swimming pool construction market segment are more diverse. Public institutions, hotels, resorts, fitness centers, and water parks, as well as academic and athletic swimming pools, are encompassed within this category. Moreover, the expansion of the wellness industry, developments in tourism trends, government investments in public amenities, and changing consumer demands for recreational facilities factors are collectively driving the segment growth. In addition, this category frequently includes water-based therapy and rehabilitation centers, which necessitate the construction and design of specialized pools to accommodate their clients' requirements.
The residential segment includes a variety of pools built for private homeowners, ranging from luxury in-ground pools to more affordable above-ground options. There's an increasing trend towards building personalized outdoor living areas with pools as it increases the real estate values. The growth of the segment is driven by higher household incomes, home improvement trends, and enhanced property.
