Above Ground Pools Market Analysis and Size

The global above ground pools market is anticipated for steady growth due these pools are an affordable option for those looking for the luxury of a swimming pool without having to pay a high fee for an in-ground installation. Their appeal stems from their comparatively easy construction process as compared to in-ground pools; quick setup timeframes enable homeowners to start enjoying their pool sooner.

Data Bridge Market Research analyses that the global above ground pools market was valued at USD 3.11 billion in 2023 is expected to reach the value of USD 4.63 billion by 2031, at a CAGR of 5.1% during the forecast period of 2024 to 2031 In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and consumer behaviour.

Report Scope and Market Segmentation

Market Definition

Above-ground pools are swimming pools that are built above the earth, usually in backyards of homes. Above-ground pools are freestanding buildings that are situated on the surface of the ground, in contrast to in-ground pools, which must be excavated and permanently installed into the ground. These pools are available in a variety of sizes and forms, including round, oval, and rectangular, and are frequently constructed from materials such as steel, aluminum, or resin. Above-ground pools provide homeowners with a practical and accessible way to enjoy swimming and other recreational activities in their own backyard. They are well-known for their affordability, simplicity of installation, and adaptability.

Above Ground Pools Market Dynamics

Drivers

• Increasing Demand for Affordable Outdoor Recreation Options

The need for reasonably priced recreational facilities, such as above-ground pools, is growing as people prioritize outdoor leisure activities and look for ways to improve their homes. These pools are affordable compared to typical in-ground solutions, which opens them up to a wider range of homeowners. Families are looking for affordable, easy ways to engage in outdoor recreation and keep active, as the emphasis on health and wellbeing grows. With above-ground pools, homeowners can create a backyard haven for leisure, fitness, and family fun without having to pay the hefty upfront expenditures associated with in-ground installations.

• Increasing Homeownership Trends and Urbanization

The market for above-ground pools is expanding due to shifting demographics, such as rising homeownership rates and urbanization trends. There is a growing need for more practical and reasonably priced alternative swimming pool solutions as more individuals become homeowners, especially in suburban and rural regions where there may not be enough room for traditional in-ground pools or where installation costs may be prohibitive.

Opportunity

• Growth in Emerging Markets

The market for above-ground pools is already well-established in North America and Europe, but there is still a lot of room to grow in rising countries in Latin America, Asia-Pacific, and some sections of Africa. Increased consumer interest in outdoor leisure activities and home remodeling, along with rapidly expanding disposable incomes and urbanization, provide potential for manufacturers and retailers to enter new markets. Companies can capitalize on the growing demand for above-ground pools and gain a foothold in emerging markets by customizing their product offerings to meet the needs and preferences of consumers in these regions. Instances of such customizations include offering smaller-sized pools suitable for urban living or incorporating features to withstand tropical climates. .

• Diversification and Innovation in Product Offerings

Diversifying and developing product offerings to meet changing market trends and consumer preferences presents another opportunity. Manufacturers should look for ways to set their goods apart from the competition by including cutting-edge features, materials, and designs that improve use, sturdiness, and beauty. For instance, adding ecologically friendly materials, energy-saving elements, or clever technological solutions might appeal to customers who are concerned about the environment and are looking for more sustainable pool alternatives.

 Restraints/Challenges

• Seasonal Demand and Weather Dependence

The above-ground pool industry is significantly constrained by its reliance on weather and seasonal demand. During the summer months, when people are more inclined to use outdoor recreational facilities, demand for swimming pools often peaks. As a result, sales of above-ground pools may fluctuate all year long, with the spring and summer months seeing the most demand. Unseasonably low temperatures or extended periods of rain are instances of unfavorable weather that can reduce customer interest and cause consumers to postpone making purchases, which can affect sales and income for merchants and manufacturers.

• Installation and Maintenance Challenges

The market for above-ground pools is further constrained by the perception of complexity and continuous upkeep that come with pool ownership. Even though installing above-ground pools is typically simpler and less expensive than installing in-ground pools, some customers could still be put off by the idea of assembly and installation, particularly if they lack the required knowledge or equipment and thus hinders the market.

This market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Recent Developments

• In October 2023, Intex Recreation Corp., a prominent player in the above ground pools industry, unveiled its latest product innovation aimed at improving water quality and sustainability. The company introduced a new line of above ground pools featuring eco-friendly filtration systems and energy-efficient pumps designed to minimize water consumption and reduce environmental impact. In addition to providing cleaner and safer swimming water, the new pools incorporate recycled materials and eco-conscious manufacturing practices to support Intex's sustainability initiatives. By prioritizing environmental responsibility and offering eco-friendly pool solutions, Intex aims to appeal to environmentally-conscious consumers and differentiate itself in the competitive above ground pools market
• In June 2023, Bestway Global Holdings Inc., a leading manufacturer of above ground pools, announced the launch of a new line of inflatable above ground pools featuring innovative technology for enhanced durability and convenience. The new range, named "HydroTech™," incorporates reinforced materials and advanced construction techniques to provide consumers with a more robust and long-lasting pool solution. Additionally, the HydroTech™ pools come equipped with integrated smart technology for easy setup, maintenance, and monitoring, offering customers greater control and peace of mind. This development underscores Bestway's commitment to innovation and meeting the evolving needs of consumers in the above ground pools market

Above Ground Pools Market Scope

The market is segmented on the basis of by type, application, shape, size, price range, and distribution channel. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type   

• Steel Pools
• Aluminum Pools
• Resin Pools
• Wooden Pools
• Hybrid Pools

Application    

• Household
• Commercial

Shape

• Round
• Oval
• Rectangular

Size   

• Small
• Medium
• Large

Price Range   

• Budget
• Mid-range
• Premium

Distribution Channel  

• Online Retail
• Specialty Stores
• Hypermarkets/Supermarkets
• Others

Above Ground Pools Market Regional Analysis/Insights

The market is analyzed and market size insights and trends are provided by type, application, shape, size, price range, and distribution channel.

The countries covered in the market report are the U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa.

Asia-Pacific region is expected to dominate the global above ground pools market due to rapid urbanization, rising disposable incomes, changing attitudes toward pet ownership, expanding pet retail infrastructure, and innovations in product design tailored to the region's preferences.

The country section of the report also provides individual market-impacting factors and changes in market regulation that impact the current and future trends of the market. Data points such as down-Stream and upstream value chain analysis, technical trends and Porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Above Ground Pools Market Share Analysis

The market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to market.

Some of the major players operating in the market are:

• IntexV (U.S.)
• Bestway Inflatables & Material Corp (China)
• Wilbar Group (U.S.)
• Doughboy Pools (U.S.)
• Splash Superpools (U.S.)
• The Summer Waves Water Park (U.S.)
• Radiant Pools (U.S.)
• Blue Wave Products (U.S.)

SKU-72513