Inflatable Pools Market Report, Analysis and Forecasts, 2022-2030
The
global inflatable pool market has witnessed massive growth in recent years. The
market's growth is being driven by the growing trend of outdoor recreational
activities. The rising popularity of backyard pools across the globe is caused
an upsurge in demand for inflatable pools across the globe. Furthermore, the
factors such as easy affordability, rising issues of space constraints, the
consumers' inclination towards the western culture, rapid urbanization,
development in emerging economies, and changing lifestyles also impact the
inflatable pool market's growth over the projected era. However, the growing
number of counterfeit products and the high prices of these pools are likely to
hamper the growth of the inflatable pool market over the assessment era.
As
per the MRFR reports, the global inflatable
pool market overview is anticipated to register a healthy CAGR of 7.2% during the
review timeframe from 2020 to 2027.
Segment Analysis
The
global inflatable pool market has been fragmented into numerous segments based
on capacity, age, shape, distribution channel, and region.
Based
on capacity, the inflatable pool market is divided into a maximum of 12
Individuals, maximum of 6 Individuals, and a maximum of 3 Individuals.
Based
on age, the global market for the inflatable pool is split into 11 years &
above, 5 to 10 years, and up to 4 years.
The
global inflatable pool market is divided into oval, square, rectangle, round,
and others based on shape.
The
global inflatable pool market is divided into non-store-based and store-based
channels based on the distribution channel.
Regional Analysis
The
global inflatable
pool market report is studied across four major regions, including North America,
Europe, Asia-Pacific, and the Rest of the World.
The
MRFR report suggests that in 2019, the North American region accounted for the
largest market share in the global inflatable pools market. The increasing
popularity of outdoor activities is primarily driving the regional market's
growth. Furthermore, the presence of some of the key players specialized in
inflatable pools is also likely to catalyze the regional market's growth over
the forecasted era. Moreover, the outbreak of COVID-19 has boosted the demand
for backyard pools across the region, which will cause an upsurge in the
regional inflatable pool market's growth.
The
inflatable pool market for the Asia-Pacific region is projected to offer
lucrative opportunities for the players across the region over the forecasted
timeframe. Nations like New Zealand & Australia are major markets in the
regional market. On the other hand, the consumers' inclination towards western
cultures across the region is one of the primary aspects propelling the
regional market's growth.
Competitive Analysis
The
global market for inflatable pools has an intensely competitive landscape. The
players in the market are adopting several new strategies such as partnerships,
mergers, and acquisitions to grow their global market presence. The list of
leading players in the global inflatable pool market includes GPCT Inflatable
Pool (US), Harvey Norman Online (Australia), SUNNYLIFE (Australia), Bestway
Inflatables & Material Corp (US), Step2 (US), Banzai (US), BigMouth Inc.
(US), Summer Escapes Swimming Pools (US), Jasonwell (US), Jilong Inflatable
Pool (US), and several others.
Recent Developments
- April
27, 2021 – Target has announced the launch of a new Hearth and Hand
collection. The new collection includes all things one needs for the
summer season, including faux plants, outdoor dinnerware, patio
essentials, market bags, candles, backyard games, and more. The most
popular items for the Hearth and Hand collection managed to get sold
out quickly after launching, and the company thinks this USD40 inflatable
pool will be a hot ticket item. The pool includes four inflatable rings
and doubles as a ball pit through colder months. It can hold over 141
gallons of water and is ideal for ages two and up. It has got a 4.5-star
rating, with customers calling it a "must-have for summer" and
"super cute."
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and its Impact on Various Industry Verticals and wherever required we will be
considering Covid19 Footprints for Better Analysis of Market and Industries.
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