Market Highlights
Global Above Ground Pools Market is projected to be valued at USD 3,646.31 Million by 2026, expanding at a CAGR of 4.95% during the forecast period. Above ground, pools are noninflatable and portable and differ from other types of swimming pools, such as inflatable pools for children and the larger in-ground and on-ground pools. The global above-ground pools market is expected to register a notable growth rate during the forecast period. Benefits associated with the above-ground pools in comparison to traditional pools are some of the major factors driving the growth of the market. Also, the growth of the real estate industry boosts the growth of above ground pools market. Continuous innovations and growth of the organized retail sector in emerging economies create a growth opportunity for the market in the coming years. However, hazards related to recreational water environments are restricting the growth of the market.
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North America constituted a dominant share of the above ground pools market in 2019, owing to the popularity of these pools among the population. The US dominated the lucrative market for manufacturers in the region. The presence of major brands of above ground pools in the region, especially in the US, is also boosting the market growth in the region. Continuous innovation by the manufacturers and adoption of advanced technology in the services of above ground pools is an added advantage to the market growth. The market in Asia-Pacific is anticipated to exhibit the highest CAGR during the review period. Major above ground pools manufacturers are making investments for product innovation and expansion in the emerging economies of the region. All these factors are anticipated to create substantial growth opportunities for the market in the coming years.
Segmental Analysis
Global Above Ground Pools Market has been segmented on the basis of Type, Shape, Distribution Channel, and Region.
By type, the market has been divided into steel pools, aluminum pools, resin pools, wooden pools, and hybrid pools. The steel pools segment accounted for the maximum market share in 2019 whereas, the resin pools segment is expected to register the highest CAGR of 5.12% during the forecast period. Resin pools are built using resin, which is like hard plastic. Resin frame pools are less sturdy than steel frame pools. However, they are resistant to the destructive effects of sunlight and water like rust, corrosion, and warping.
Based on shape, the global above ground pools market has been classified as round, square, oval, and rectangular. The round segment accounted for the maximum market share in 2019 whereas, the rectangular segment is expected to register the highest CAGR of 5.12% during the forecast period. A rectangular pool offers the perfect shape for swimming. It offers a long, unimpeded stretch of water, which is ideal for doing laps. Also, rectangle pools are particularly suited to relaxation, as it is extremely easy to design large, comfortable seating areas around these pools.
Based on distribution channel, the global above ground pools market has been classified as store-based and non-store-based. The store-based segment accounted for the larger market share in 2019 in terms of value. This segment includes supermarkets & hypermarkets and specialty stores. The specialty stores majorly contribute to the sales of above ground pools as the majority of the branded above ground pools are sold through specialty stores.
Regional Analysis
Geographically, Global Above Ground Pools Market has been categorized as North America, Europe, Asia-Pacific, and the rest of the world. As per MRFR analysis, North America dominated the market, accounting for the largest share in 2019. Asia-Pacific above ground pools market is projected to register the highest CAGR of 5.16% during the forecast period.
Market Research Future recognizes Fitmax Inc. (US), Mountfield a.s. (Czech Republic), Fluidra S.A (Australia), Bestway Global Holding Inc. (Hong Kong), Atlantic Pool Products. (Canada), Aqua Leader (Canada), Wilbar International, Inc. (US), Intex Recreation Corp. (US), Splash SuperPools, Ltd. (US), Cornelius (US), Torrente Industrial (Spain), Doughboy Pools (US), Starmatrix Group Inc. (China), TRIGANO JARDIN (France), Waterman GmbH (Germany), and Arcana Pool Systems GmbH (Austria) as the key players in the global above ground pools market.
Key Findings of the Study
- Global Above Ground Pools Market is projected to register a growth rate of 4.95% from 2020 to 2026. Benefits associated with above ground pools followed by the growth of the real estate industry are projected to drive the growth of the global above ground pools market.
- The steel pools segment is estimated to retain its prominent share by 2026 whereas, the resin pools segment is anticipated to register a growth rate of 5.12% during the forecast period.
- The round segment is estimated to retain its prominent share by 2026 whereas, the rectangle segment is anticipated to register a growth rate of 5.12% during the forecast period.
- The store-based segment accounted for the largest market share in 2019 and is expected to register a CAGR of 4.92% during the forecast period.
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Market Highlights Global Above Ground Pools Market is projected to be valued at USD 3,646.31 Million by 2026, expanding at a CAGR of 4.95% during the forecast period.
Continuous innovations and growth of the organized retail sector in emerging economies create a growth opportunity for the market in the coming years.
However, hazards related to recreational water environments are restricting the growth of the market.
Major above ground pools manufacturers are making investments for product innovation and expansion in the emerging economies of the region.
All these factors are anticipated to create substantial growth opportunities for the market in the coming years.
Segmental Analysis Global Above Ground Pools Market has been segmented on the basis of Type, Shape, Distribution Channel, and Region.
Industry/ Innovation/ Related News:November 23, 2017– DSM invests USD 18.12 million to expand capacity at Coating Resins plant in Meppen (Germany).DSM is a global science company active in health, nutrition and materials, announced it has invested USD 15 18.12 million for the expansion of its Coating Resins plant in Meppen, Germany.
The overall impact of this investment to be seen in coatings especially in plastic application and likely to drive its demand in automotive applications.
August 17, 2017- Axalta Coating Systems completes the acquisition of Plascoat Systems Limited.
Moreover, Dow has been a long-term strategic partner in Saudi Arabia for nearly four decades and is the largest foreign investor in the country.
This could be the added advantage for them and this may help them to strengthen their market position.
The proposed Plastics investment will include constructing a fully-integrated slogans and high performance Plastics coating market share complex geared towards markets and industries such as home and personal care, automotive, high performance building and construction, solar energy, medical devices, and oil and gas.January 1, 2017- Shin-Etsu Chemical announces to expand Plastics production capacity in the U.S. the company recently announced plans to expand the production capacity of its Akron, Ohio plant, Shin-Etsu Plastics of America (SESA), which is engaged in the manufacturing and sales of Plastics.
Specialty Foods Market:WiseGuyReports.com adds “Specialty Foods Global Market Report 2020-30” reports to its database.Executive SummaryThe global specialty foods market is expected to decline from $165.06 billion in 2019 to $145.25 billion in 2020 at a compound annual growth rate (CAGR) of -12%.
The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, remote working, and the closure of industries and other commercial activities.
The entire supply chain has been disrupted, impacting the market negatively.
Specialty foods are made from high quality ingredients and have limited distribution with unique or beautiful packaging.
The specialty foods consist of cheese & plant-based cheese, non-RTD cocoa and coffee, refrigerated and frozen poultry/seafood/meat, yogurt, candy, pretzels/snacks/chips, bread & baked goods, and others.North America was the largest region in the specialty foods market in 2019.Request Free Sample Report @ https://www.wiseguyreports.com/sample-request/5374306-specialty-foods-global-market-report-2020-30-covidIn August 2018, Indiana Packers Corporation (IPC), producer of Indiana Kitchen premium pork products announced the acquisition of Specialty Foods Group, LLC (SFG) based in Owensboro, Kentucky for a purchase-price between $ 25-27 million.
Therefore, the high cost of specialty foods is predicted to hinder the growth of the specialty foods market during the forecast period.The launch of high quality and innovative products such as plant-based, convenience, better-for-you, non-GMO products with authenticity, and products with unique attributes such as low fat, low calorie, low sodium, high protein, no dairy and organic is a major trend shaping the growth of the specialty foods industry.
Position tracking system detects the current position of an object or person with the help of special sensors or markers.
The position tracking system market has seen exponential growth over the past years, and Market Research Future (MRFR) projects burgeoning growth over the forecast period 2017-2023.
Tracking devices are no more an added advantage; rather it is more of a management tool which more and more industries are employing for business advantage.
Numerous factors are fueling the growth of position tracking system market.
The expenses were pushed down due to rising trend of adoption of position tracking systems across various industry verticals.Government authorities have largely identified the benefits of position tracking system and a regulatory push for more tracking and traceability have supported the growth of the market.
The need for ubiquitous connectivity, surging trend of deploying position tracking in fleet management, real-time bus, and car tracking, and vehicle tracking, increased use of position tracking systems in the marine industry, growing usage of internet and smartphones equipped with GPS are aiding the expansion of the market.
Market OverviewThe requirement for maintainable and inexpensive heating systems are motivating the growth of under floor heating solutions.
Market reports associated to the construction industry have been put forward by Market Research Future which generates reports on other industry verticals that target the study of recent market scenarios better.
The market is likely to attain an advantageous CAGR in the duration of the forecast period.The demand for indoor climate control is rising at an accelerated pace due to drastic fluctuations in the temperature, especially in the western hemisphere.
The innovation in the composition of under floor heating materials is creating a positive impetus for the diversification of the market.
The need for cost efficiency in terms of heating and energy savings is likely to inspire progress in the under floor heating market.Get Free Sample PDF @ https://www.marketresearchfuture.com/sample_request/827Segmental AnalysisThe segmental analysis of the under floor heating market is conducted on the basis of application, type, and region.
Based on type, the under floor heating market is segmented into heating cables, electric systems, manifolds, heating mats, hydronic systems, heating pipes, sensors, and thermostats.
Market OverviewThe requirement for maintainable and inexpensive heating systems are motivating the growth of under floor heating solutions.
Underfloor Heating Market Size reports associated to the construction industry have been put forward by Market Research Future which generates reports on other industry verticals that target the study of recent market scenarios better.
The market is likely to attain an advantageous CAGR in the duration of the forecast period.The demand for indoor climate control is rising at an accelerated pace due to drastic fluctuations in the temperature, especially in the western hemisphere.
The innovation in the composition of under floor heating materials is creating a positive impetus for the diversification of the market.
The need for cost efficiency in terms of heating and energy savings is likely to inspire progress in the under floor heating market.Segmental AnalysisThe segmental analysis of the under floor heating market is conducted on the basis of application, type, and region.
The regions counted in the segmentation of the under floor heating market Europe, Asia Pacific, North America, and the Rest of the World.Detailed Regional AnalysisThe regional evaluation of the Global Under Floor Heating Market comprises of regions likeEurope, Asia Pacific, North America, and the rest of the world.
