$12.2bn
$XXX.Xm
55,806
15,799
$X.Xbn
Swimming pool contractors have faced considerable volatility. Low-interest rates and rising per capita disposable income provided an accommodative spending environment for consumers. At the same time, these factors loosened the borrowing environment, which increased housing starts, including homes with new pools. Considerable increases in interest rates in 2022 and 2023 discouraged consumers from purchasing a new home and installing a pool. Accordingly, industry-wide revenue has been falling at a CAGR of 0.5% over the past five years and is expected to total $12.2 billion, including a 4.5% decrease in 2023, with profit set to dip to 6.7%.
Industry revenue has declined at a CAGR of 0.5 % over the past five years, to reach an estimated $12.2bn in 2023.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2023 | Revenue ($short_0)
2023 | Profit ($short_0)
2023 | Profit Margin (%)
2023 |
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There are no companies that hold a large enough market share in the Swimming Pool Construction in the US industry for IBISWorld to include in this product.
Industry revenue is measured across several distinct product and services lines, including New construction, Additions, alterations and reconstruction and Maintenance and repair. New construction is the largest segment of the Swimming Pool Construction in the US.
New pool construction activity has been volatile
This industry comprises operators that construct a wide range of swimming pools, including in-ground pools, swimming ponds and indoor pools. Participants may also offer repair and maintenance services for swimming pools.
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NAICS 238990 - Swimming Pool Construction in the US
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Low interest rates encouraged consumers to install new pools in their homes. Interest rate hikes hammered swimming pool contractors late in the period.
Learn about an industry's products and services, markets and trends in international trade.
New pool construction has been volatile. The surging number of housing starts led to massive increases in new pool construction in 2020 and 2021, but as interest rates began ...
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Warm climates encourage swimming pool contractors to establish. Swimming pool contractors concentrate heavily in California and Florida because it’s warm year-round.
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
There is a high level of internal competition among swimming pool contractors. Since companies generate business through word-of-mouth referrals, reputation is a vital source...
Learn about the performance of the top companies in the industry.
No company has amassed more than 5.0% of the market. Swimming pool contractors operate locally, making it difficult for one company to accumulate a significant market share.
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Swimming pool contractors receive little direct government assistance. While the Paycheck Protection Program benefitted contractors, private associations like the National Sp...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Profit has fluctuated in recent years. Fluctuations in interest rates have led to volatile demand and profit for swimming pool contractors.
Including values and annual change:
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Key data sources in the US include:
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
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IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
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The market size of the Swimming Pool Construction in the US industry in United States is $12.2bn in 2024.
There are 15,799 businesses in the Swimming Pool Construction in the US industry in United States, which has grown at a CAGR of 1.4 % between 2018 and 2023.
The market size of the Swimming Pool Construction in the US industry in United States has been declining at a CAGR of 0.5 % between 2018 and 2023.
Over the next five years, the Swimming Pool Construction in the US industry in United States is expected to grow.
Constructing and installing indoor swimming pools and Constructing and installing in-ground swimming pools are part of the Swimming Pool Construction in the US industry.
The level of competition is high and increasing in the Swimming Pool Construction in the US industry in United States.