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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 offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

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 SWOT Analysis Chapter

The Hot Tub Manufacturing industry is in the mature stage of its life cycle. Industry value added, which measures an industry's contribution to the overall economy, is projected to grow at an annualized rate of 2.5% in the 10 years to 2019. Over the same period, US gross domestic product is anticipated to increase at an average annual rate of 2.5%. As a result, this industry's importance to the economy will remain relatively stable, indicating a mature industry.

Revenue has recovered only slightly over the past five years after crashing in 2009 and 2010. Hot tubs are a luxury home improvement product and demand was stable prior to the recession. As the economy continues to expand over the next five years, this industry is anticipated to resume steady growth... 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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