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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 | Feb 2013

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
$983m
Annual Growth 08-13
-9.3%
Annual Growth 13-18
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Profit
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Employment
13,554
Businesses
56
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 Analysis Chapter

The Hot Tub Manufacturing industry has seen better days. Consumer disposable income and confidence in the economy deteriorated during the recession, causing demand for hot tubs to sharply decline. Growing plastic and raw material costs also cut into profit margins, making it difficult for smaller manufacturers to survive. On the other hand, the number of higher income households steadily increased, partly bolstering demand for hot tubs. Nonetheless, revenue has fallen considerably since the housing market collapse and remains below precession levels. On average, revenue has declined 9.3% per year over the past five years. In 2013, IBISWorld estimates industry revenue to total $982.6 million... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Hot Tub Manufacturing Industry?

This industry comprises 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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