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 Locations Chapter
The Hot Tub Manufacturing industry's establishments are distributed largely in line with population and favorable weather conditions in the United States. Population growth typically influences growth or decline in demand for industry-related products. California holds the largest concentration of industry establishments at 32.2% of the total. The region includes several large metropolitan areas. Los Angeles alone accounts for a sizeable portion of all establishments. California also has a highly developed tourism industry, which drives hotel and resort demand for industry products, as well as above-average population growth.
Florida accounts for 13.4% of industry establishments, close to its share of population... purchase to read more