Inflatable Pools Market to Grow with a CAGR of 7.8% Globally through to 2028
Increasing demand for personal recreational equipment
and the rising popularity of inflatable pools among children and adults are
factors driving the Global Inflatable Pools market in the forecast period
2024-2028.
According to TechSci Research report, “Global Inflatable
Pools Market - Industry Size, Share, Trends, Competition Forecast &
Opportunities, 2028”, the Global Inflatable Pools Market stood at USD 1.31
billion in 2022 and is anticipated to grow with a CAGR of 7.8% in the forecast
period, 2024-2028. Inflatable pools have become a significant and increasingly
popular segment within the recreational and swimming pool industry, offering a
flexible, affordable, and enjoyable option for people of all ages. The inflatable pool market has witnessed remarkable
growth and transformation in recent years, driven by shifting consumer
preferences, technological advancements, and changing lifestyles.
The inflatable pool market has emerged
as a vibrant segment within the broader swimming pool industry. Inflatable
pools are versatile, portable, and cost-effective, making them an attractive
option for individuals and families seeking recreational water experiences.
These pools come in various sizes and designs, catering to diverse consumer
needs, from children's play pools to larger family and spa pools. The market's
growth has been propelled by factors such as lifestyle changes, advancements in
materials and manufacturing, economic considerations, and environmental
consciousness.
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Pools Market”
The market CAGR for Inflatable Pools is being driven
by the rise in the demand for inflatable pools owing to rising construction
activities. It is projected that the market for inflatable pools will grow
during the course of the forecast period, primarily due to consumers' growing
inclination towards small, lightweight, and portable sports equipment. Because
they enable youngsters to engage in a variety of physical and recreational
activities, kids particularly enjoy portable and inflatable swimming pools. The
need for portable and inflatable swimming pools has surged due to the reduction
of residential spaces caused by rising development rates and population growth,
especially in emerging economies. Inflatable pools are quite affordable to buy
because they require far less construction and setup. As such, they are an
excellent option for a wide range of homes.
The modern urban lifestyle, characterized by limited
space and busy schedules, has led to an increased demand for convenient and
accessible recreational options. Inflatable pools offer an affordable and
space-efficient solution for relaxation and water-based activities, making them
an ideal choice for those seeking balance in their hectic lives. Inflatable
pools are budget-friendly alternatives to permanent in-ground or above-ground
pools. Their affordability, low installation and maintenance costs, and the
potential for relocation have made them accessible to a wide range of
consumers, including those with limited budgets. The portability and versatility of inflatable pools
have made them suitable for various lifestyles. These pools can be set up in
different locations, and they cater to a range of recreational activities, from
swimming to relaxation and social gatherings. Their adaptability to users'
preferences is a key driver of their popularity.
The integration of smart technology and the
development of more advanced and user-friendly features will likely play a
significant role in the market's future. Enhanced water quality monitoring,
automation, and increased connectivity will become more prevalent. As environmental concerns grow, inflatable pool
manufacturers will increasingly focus on sustainable materials and production
methods. The development of eco-friendly pools and accessories will likely
become more common.
The Global Inflatable Pools Market is segmented into shape
type, age group, distribution channel, regional distribution, and company.
Based on age group, The Inflatable Pools Market
segmentation, based on age, includes Up to 4 years, 5 to 10 years, and 11 years
& above. In recent years, it was anticipated that the 5 to 10 years segment
would increase. The age-group of 5 to 10 years' lockout limits has boosted the
demand for inflatable pools. The restriction on using public pools during the
COVID-19 outbreak has raised demand for inflatable pools.
Based on region, North America is expected to remain the
largest market for inflatable pools, followed by Europe and Asia Pacific. The
high demand for inflatable pools in North America is attributed to the
increasing popularity of compact, portable, and convenient options for sporting
activities among consumers.
Major companies operating in Global Inflatable
Pools Market are:
- Step2
- Jilong Inflatable Pool
- Bestway Inflatables & Material Corp
- Jasonwell
- SUNNY LIFE
- Summer Escapes Swimming Pools
- Harvey Norman Online
- BigMouth Inc.
- GPCT Inflatable Pool
- Banzai
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“The inflatable pools market has experienced robust
growth in recent years, driven by evolving consumer lifestyles, increased
urbanization, and a desire for convenient and cost-effective recreational
options. Technological advancements in materials and manufacturing have
enhanced the durability and convenience of inflatable pools, making them more
accessible and appealing. With a focus on sustainability, smart technology
integration, and safety innovations, the market is poised to continue
expanding, catering to a wide range of consumer needs and preferences.,” said
Mr. Karan Chechi, Research Director with TechSci Research, a research-based
management consulting firm.
“Inflatable
Pools Market – Global Industry Size, Share, Trends, Opportunity, and Forecast,
Segmented By Shape Type (Round, Rectangle, Square, Oval, Others), By Age Group
(Up to 4 years, 5 to 10 years, and 11 years & above), By Distribution
Channel (Supermarkets & Hypermarkets, Convenience Stores, Specialty Stores,
Online, Others), By Region, By Competition, 2018-2028”, has
evaluated the future growth potential of Global Inflatable Pools Market and
provides statistics & information on market size, structure and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Global Inflatable Pools Market.
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