North America, a principal market for swimming pool development, has had the highest market share as the maximal pool construction market in the past few years. According to Technavio's latest market report, from 2019 to 2024, the swimming pool market is anticipated to rise at a CAGR of 2.29% to USD 3.56 billion, and 44% of that market growth will be resulting from North America. Over the past few decades, global pool heat pump factories have made strategic investments in North America, making North America one of the lucrative swimming pool heat pumps markets. Significant business opportunities are expected for the swimming pool heat pump manufacturers during the forecast period from 2020 to 2024.
The swimming pool market is anticipated to rise at a CAGR of 2.29% to USD 3.56 billion,
and 44% of that market growth will be resulting from North America. – Photo from Technavio
How Much Do You Know About the Swimming Pool Industry in the United States?
The United States is the primary market for the North American swimming pool market. We have collected some valuable data to help you gain a better understanding of the pool industry in the United States, as well as the opportunities for future growth.
1. Swimming, One of America's Favorite Sports
Swimming is one of the most popular physical activities in the United States, with 10.4 million residential pools and 309,000 public pools nationwide, according to the Association of Pool and Spa Professionals (ASPS).
2. Cleveland Recorded the Highest Number of Pools
Many Americans enjoy swimming for relaxation and physical activity, making the swimming pool one of the most popular places to go. Phoenix, Miami, and Tampa were the top three cities in the U.S. for the most pools in the 2019 report, mainly due to their hot and humid climates. By 2020, Cleveland recorded 10.9 swimming pools for every 100,000 residents, which had become the city with the highest number of swimming pools in the United States.
3. Swimming Pool Development in the U.S. to Grow Substantially as Expectation
As of 2022, there are 12,236 swimming pool businesses in the United States, which increased by 0.8% compared to 2021. IBISWorld predicts that by 2022, the market size of the swimming pool industry in the United States will reach USD 1.3 billion in terms of revenue, and the market size will grow by 5.3%.
With the broad improvement in the U.S. economy, the swimming pool industry in the United States primarily benefited from people having more disposable incomes and spending more time on leisure and physical activities over the five years from 2016 to 2021. This presents a potential opportunity for industry operators to increase earnings as consumer spending is expected to increase. Swimming pool development in the United States will be on the rise steadily at a rate higher than 4% along with the ascending residential and commercial construction activity with commercial swimming pool heat pumps.
Two Must-attend Pool Events in the United States
The swimming pool exhibition is an influential platform for industry professionals to unite, share information and establish relations. In the United States, there are two must-attend events for pool professionals.
1. The International Pool Spa Patio Expo Back to Las Vegas on November 15-17, 2022
As the largest annual pool industry trade show in the United States, The International Pool Spa Patio Expo attracts tens of thousands of worldwide professionals every year, gathering to discover the latest products and innovative technologies. Last year's event, held in Dallas, was the first offline event since November 2019. It will return to Las Vegas this year.
2. The Pool & Spa Show in Atlantic City Celebrates the 41st Anniversary on January 24-26, 2023
Hosted by the Northeast Spa and Pool Association (NESPA), The Pool & Spa Show in Atlantic City is another major pool industry trade show nationwide. This time, the show will celebrate its 41st anniversary with more than 11,000 attendances. It will be a rare opportunity to interact with industry peers and have face-to-face conversations on trending topics.
Final Words
Only by grasping the heat pump market trends accurately and assessing the situation in time can we have the opportunity to stand out in the inverter pool heat pump market. Due to the highest penetration and acceptance of air source pool heat pump in the United States, swimming pool heat pump manufacturers strive to invest more in breakthrough heat pump technology in the coming years. Fairland seized the opportunity tight and rolled out a high-end lineup of inverter swimming pool heat pumps specially designed for the North American market. Powered by the TurboSilence® inverter technology, the TurboSilence® Inverter Heat Pumps intelligently run at reduced capacity to maintain the desired temperatures. Save up to 70% in energy consumption means spending two-thirds less on running costs. Fairland TurboSilence® Inverter Heat Pumps can operate under temperatures from 19 degrees Fahrenheit to 109 degrees Fahrenheit, bringing a 4-season swimming experience to every family in North America. Welcome to contact us via email at sales@fairland.com.cn for more details.
To learn more about the market trends of the pool industry from other regions, please read the following posts:
l Business Opportunities in Global Pool Heat Pumps Market from 2022 to 2027
l Spain Swimming Pool Market: A Bright Future Brimming with Opportunities
l German Private Swimming Pool Market Grows with Potential
l France Remains the Leading Private Swimming Pool Market in Europe with Extraordinary Growth
* Source reference and data from the Association of Pool and Spa Professionals (ASPS), Technavio, IBISWorld, Statista, Market Data Forecast, and Lending Tree.
