Swimming Pool Services Market Expected to be Worth US$51.84 bn by 2024
According to the research report titled â€œSwimming Pool Services Market â€“ Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 â€“ 2024,â€ compiled by Transparency Market Research, the global swimming pool services market, in terms of revenue, is projected to expand at a CAGR of 9.0% during the forecast period 2016-2024. Expansion is attributed to the factors such as growth in the number of swimming pool and spas across the world and increased number of hotels and swimming pools across the world. The global swimming pool services market stood at US$30.44 bn in 2015.
For the study, the market has been segmented on the basis of industry type into commercial, residential, and others. Among these, commercial segment holds the leading position, which is likely to maintain its position in the coming years. The segment is projected to reach US$22.8 million in the forecast period from US$5.6 million in 2017.
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Swimming Pool Services Market Worth 34.09 Billion USD by 2022
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Browse 106 market data Tables and 34 Figures spread through 141 Pages and in-depth TOC on “Swimming Pool Services Market”
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The growth of this market is mainly driven by the rising prevalence of skin and waterborne diseases and the growing demand for indoor pool facilities, especially in the Asia Pacific and the US.
Colored pools and swimming pools are projected to hold the largest share of the Swimming Pool Services Market, by construction, by 2022
Colored pools are projected to hold the largest share of the Swimming Pool Services Market during the forecast period, by construction. Growing focus of end-users on their children’s health and the increasing disposable incomes of the middle class in emerging economies