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Hot Tub Manufacturing in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Hot Tub Manufacturing Market Research Report | Consumer Goods & Services | Leisure Product Manufacturing | Dec 2014

Bubbling up: Higher incomes and confidence will stimulate a new wave of hot tub purchases

IBISWorld’s Hot Tub Manufacturing market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
Jacuzzi Brands Corporation Jacuzzi Brands Corporation market share
Masco Masco market share
Industry Statistics & Market Size
Revenue
$991m
Annual Growth 09-14
1.7%
Annual Growth 14-19
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Profit
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Employment
1,514
Businesses
47
Industry Analysis & Industry Trends

The Hot Tub Manufacturing industry significantly contracted over the past five years. Although the number of higher-income households, this industry's primary market, moderately increased, it was insufficient in preventing a major fall in revenue during the recession. Over the next five years, the industry is projected to return to growth. The recovering economy will bolster disposable income and consumer confidence, stimulating a new wave of hot tub purchases.... purchase to read more

Industry Report - Industry Key Buyers Chapter

The Hot Tub Manufacturing industry is estimated to have a low level of concentration, with the top four companies making up just over a third of the industry by revenue. As of 2014, there are only two industry major players (Jacuzzi Brands Inc. and Masco Brands Inc.) that compete with smaller regional and local manufacturers. Market share concentration has increased over the past five years due to competitors consolidating to increase profit margins amid the recession.

Concentration increased in 2009 as demand for industry-related products declined, thus leading to company exits. Although industry concentration is classified as low, the concentration in localized areas is often higher because smaller local operators typically locate close to their regional competitors... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Hot Tub Manufacturing Industry?

This industry comprises of companies that manufacture hot tubs and spas. A hot tub is a large tub or small pool, usually made from plastic or fiberglass, full of heated water and used for soaking, relaxation, massages or hydrotherapy. In most cases, they have jets for massage purposes.

Industry Products
Aboveground hot tubsInground hot tubsExercise hot tubs
 
Industry Activities
Manufacturing hot tubs and spas


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