Inflatable Pools Market Analysis CAGR Status, Industry Analysis, Trends, and Forecast - 2027
Market
Forecast
In 2019, the Global Inflatable Pools
Market was valued at USD 1.85 Billion, and it is expected to
register a CAGR of 7.2% between 2020 and 2026
The demand for inflatable pools has
increased in the last couple of years globally. The growing popularity of
outdoor recreational activity across the globe has been one of the major
factors behind the growth of the inflatable pools market. Outdoor swimming using
inflatable pools has witnessed a substantial increase in the last couple of
years. Growth in urbanization with the verticality of buildings has led to the
low availability of spaces for swimming pools in residential areas. This
scarcity has led to the rising popularity of convenient and portable inflatable
pools across the world.
Additionally, the advent of e-commerce channels has
led to a substantial increase in the sales of inflatable pools across the
globe. The proliferation of various online channels selling inflatable pools
has led to increased market penetration. Additionally, the outbreak of COVID-19
has led to an exponential growth in the sales of inflatable pools across the
globe. People across the globe are constructing backyard pools to keep children
and young adults busy. In the US, the sales of kiddie pools have grown since
March 2020. The proliferation of e-commerce channels has fueled this
unprecedented growth. E-commerce channels are proving to be a lifesaver,
especially during the COVID-19 crisis, as they help in maintaining social
distance norms. According to the MRFR analysis, over USD 350 billion were spent
online in the US within the first six months for the purchase of water toys
such as inflatable pools and water slides. Inflatable pools manufacturers such
as Pioneer Family Pools, headquartered in the US, have witnessed over a 50%
rise in the sales of water toys such as inflatable pools, toys, and slides.
Market
USP
The rising popularity of outdoor recreational
activities globally
Growth Opportunities in the Market
Increasing Preference for Inflatable Pools Having a
Capacity of 3 Individuals: The
maximum three individuals segment is currently dominating the global inflatable
pools market analysis.
Inflatable pools are widely popular among kids and young adults. The rising
trend of having private pools within residential premises across the globe is
expected to boost the growth of the segment. However, amidst the COVID-19
pandemic, the demand for inflatable pools accommodating a higher number of
individuals is on the rise.
High Demand for Inflatable Pools for Children Between 5 to 10 Years of
Age: Sales of inflatable pools for the age group of 5 to 10 years are
experiencing robust growth since the beginning of 2020. Additionally, the sales
of inflatable pools for 11 years and above ages have also increased in the last
couple of months. Inflatable pools manufacturers are experiencing a surge in sales
for the segments mentioned above. The bans on public pools due to the COVID-19
pandemic are fueling the demand for cold plunge
pools for these age groups.
Domination of the Round-Shape Segment: Round Inflatable pools are
more popular as compared to other shapes. Space constraints have been one of
the key reasons behind the popularity of round inflatable pools. However, the
popularity of inflatable pools having other shapes has been increasing off-late
and is expected to grow during the review period.
Easy Availability of Inflatable Pools through Store-Based Distribution
Channels: The easy accessibility of inflatable pools through store-based
distribution channels has resulted in the dominance of the segment.
Additionally, the increasing number of store-based channels for the sale and
purchase of inflatable pools worldwide, such as supermarkets & hypermarkets
and convenience stores as well as several other local stores, has resulted in
the dominance of store-based distribution channels. However, during the
COVID-19 pandemic, individuals are increasingly opting for online purchases.
E-commerce companies are also offering discounts and promoting healthier and
safer ways of making purchases.
Browse Full Report Details @ https://www.marketresearchfuture.com/reports/inflatable-pools-market-10219
Key Players
- Jilong
Inflatable Pool (US)
- Step2
(US)
- Jasonwell
(US)
- Bestway
Inflatables & Material Corp (US)
- Summer
Escapes Swimming Pools (US)
- SUNNYLIFE
(Australia)
- BigMouth
Inc. (US)
- Harvey
Norman Online (Australia)
- Banzai
(US)
- GPCT
Inflatable Pool (US)
NOTE: Our Team of Researchers are
Studying Covid19 and its Impact on Various Industry Verticals and wherever
required we will be considering Covid19 Footprints for Better Analysis of
Market and Industries. Cordially get in Touch for More Details.
Contact us:
Market Research Future (part of
Wantstats Research and Media Private Limited),
99 Hudson Street,5Th Floor, New York,
New York 10013, United States of America
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