Increasing Disposable Income is soaring the Growth of the Global Pool Equipment Market

The growth of the global pool equipment market is projected to grow at a significant rate. The major factors driving the growth of the market are rise in number of people involved into swimming sports, launch of variety of products by the leading market players and increasing awareness regarding incorporation of healthy habits in their daily routine. Beside this, increasing disposable income, changing lifestyle, increasing constructional activities, burgeoning investment to improve infrastructure with attractive amenities are the major factors driving the growth of the market. Moreover, rise in advanced technologies and high demand for personal pools propels the growth of the global pool equipment market.

In 2020 the COVID-19 pandemic affected the Pool Equipment Market due to implementation of government restrictions which has leading to reduce people participation in public activities like swimming sports activities. It has also led to cause decline in involvement of people in travelling, staying at hotels and utilizing the amenities. However, as the government has permitted the movement of people and use of public amenities, the pool equipment market has started to grow steadily in the forthcoming timeline.

Based on Pool Classification, Indoor pools holds the largest share in the global pool equipment market. The growth of indoor pool segment is driven by the factors such as shift in in consumer lifestyle, rising demand of swimming pools within the society or infrastructure and ease of access contributes to the lucrative growth of indoor pools which further provides growth opportunity to the development of global pool equipment market.

The key players with a considerable market share in the Global Pool Equipment market are Fluidra SA, Pentair PLC, Pool Corporation, WaterCo., Maytronics Ltd, Emaux Water Product Type, Adolph Kiefer & Associates, LL, Desjoyaux, Hayward Industries, Inc., Waterco, Laswim Pool and SPA equipment Co. Ltd.

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