Pool Loungers Market to Grow with a CAGR of 4.78% through 2029
The global pool
loungers market is growing rapidly, driven by booming leisure and hospitality
and rise of online shopping platforms are key market trends.
According
to TechSci Research report, “Pool Loungers Market - Global Industry Size,
Share, Trends, Competition Forecast & Opportunities, 2029F”, the global
pool loungers market stood at USD 3.51 billion in 2023 and is anticipated to
grow with a CAGR 4.78% through 2029.
The proliferation of e-commerce has significantly impacted the global pool loungers market by providing consumers with convenient access to a wide range of products. Online platforms allow customers to explore and compare various options, read reviews, and make informed purchasing decisions from the comfort of their homes. This ease of accessibility has expanded the reach of the pool loungers market beyond traditional retail channels. E-commerce platforms not only offer a diverse selection of pool loungers but also provide a platform for manufacturers to showcase their latest designs and reach a global customer base. This has been particularly advantageous for smaller and niche players in the market, allowing them to compete on a broader scale and gain visibility among consumers worldwide. The online retail space often features promotions, discounts, and customer reviews, influencing purchasing decisions. The convenience of doorstep delivery and hassle-free return policies add to the overall appeal of online shopping for pool loungers, contributing to the market's growth.
The global pool loungers market is subject to various regulatory standards and safety requirements, posing challenges for manufacturers in terms of compliance and certification. Meeting safety standards is crucial to ensure the well-being of consumers, and failure to comply with regulations can result in legal repercussions, product recalls, and damage to a brand's reputation. Different regions may have varying safety standards and regulations for outdoor furniture, including pool loungers. Manufacturers operating in multiple markets must navigate and adhere to a complex landscape of regulatory requirements, which can increase production costs and time-to-market. Ensuring that pool loungers are designed and manufactured to meet safety standards involves rigorous testing and quality control processes. Compliance with regulations such as stability requirements, flame resistance, and chemical content poses ongoing challenges for manufacturers, particularly as standards evolve or become more stringent over time.
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The global pool
loungers market is segmented into type, end user, distribution channel, regional
distribution, and company.
Based on type,
The fixed segment asserts dominance in the global Pool Loungers Market, occupying a prominent position in consumer preferences and market dynamics. Fixed pool loungers, characterized by their sturdy construction and permanent installation, offer unmatched durability and reliability, making them a favored choice among pool owners and operators worldwide. These loungers provide a stable and comfortable seating option for relaxation by the poolside, catering to both residential and commercial settings such as hotels, resorts, and aquatic centers. Furthermore, fixed pool loungers often feature ergonomic designs and premium materials, elevating the overall poolside experience for users. Their popularity stems from the assurance of long-term functionality and aesthetics, coupled with minimal maintenance requirements. With a strong foothold in the market, the fixed segment continues to lead the Pool Loungers Market, driven by enduring demand for high-quality and enduring poolside seating solutions.
Major companies
operating in global pool loungers market are:
- Ledge Lounger, Inc.
- Vondom, S.L.U.
- Brown Jordan Inc.
- Roda srl
- Grosfillex, Inc.
- Tropitone Furniture Co., Inc.
- Resinas Olot S.L.
- Gloster Furniture GmbH
- Universal Furniture International, Inc.
- Papatya Mobilya San. Ve Ticaret Ltd. Şti
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“As urbanization progresses and living spaces shrink, our company recognizes the growing demand for multifunctional and space-saving pool loungers. To address this trend, we are innovating with designs that offer enhanced functionality while minimizing their footprint. Our new product line will feature versatile options, including built-in storage, adjustable configurations, and convertible designs that serve multiple purposes. Additionally, foldable and stackable loungers will provide convenient storage solutions. This strategic focus aligns with the broader shift towards adaptable living environments, ensuring our offerings meet the evolving needs of consumers in increasingly compact living spaces”, said Mr. Karan Chechi,
Research Director of TechSci Research, a research-based management consulting
firm.
“Pool Loungers Market –
Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By
Type (Fixed, Foldable), By End User (Residential, Commercial), By Distribution
Channel (Direct Sales, Indirect Sales), By Region & Competition, 2019-2029F”,
has evaluated the future growth potential of global pool loungers 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 the global pool loungers market.
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