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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 provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

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 Investment Chapter

The Hot Tub manufacturing industry has a medium level of capital intensity. Similar to other manufacturing industries, hot tub manufacturers require factories, tools and equipment. Additionally, some larger manufacturers require transportation vehicles to deliver hot tubs to downstream distributors. Conversely, industry operators also require considerable labor. Workers are needed to construct, inspect and repair hot tubs. In 2014, for every dollar spent on labor, the industry is expected to spend $0.19 on capital investments.

Capital intensity has declined over the past five years. Operators cut wages but required some labor to keep facilities running, even when demand was poor... 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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