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 Products Chapter
The Hot Tub Manufacturing industry comprises of operators that are primarily responsible for the complete assembly (i.e. new products, maintenance and repairs) of hot tubs and related products. The residential segment, which is made up of leisure and recreational users, generates 68.9% of industry revenue. The remaining buyers consist of commercial consumers, which use products in its business operations.
Portable aboveground hot tubs
Portable aboveground hot tubs generate 64.7% of industry revenue. These products that have been prebuilt by the manufacturer and are self-contained, meaning they include all of the equipment required for operational use (e.g. pumps, heaters and filters) and require no plumbing on site... purchase to read more