Europe Swimming Pools & Spas Market Analysis

Europe Swimming Pools & Spas Market Analysis

The movable spas segment valued at USD 350 million in 2019 and is anticipated to witness around 7% growth till 2026. The rapidly growing market size can be attributed to enhanced mobility offered by movable spas. Users can conveniently relocate these portable spas to indoor or outdoor locations for a therapeutic experience. Advanced built-in features, such as aqua and light therapy with adjustable spray jets and LED lights, are further driving the segment growth.

Market leaders are offering models with enhanced seating capacities, making them ideal for large families. Several entertainment features offered through connected speakers and mobile applications in new portable spas are driving the proliferation of movable spas in the market. 

The spa accessory segment is expected to expand at 7% CAGR through 2026 impelled by growing adoption of portable spas in the residential sector. Consumers prefer to integrate their spas with accessories, such as tub pads and covers, to protect them from damage due to environmental conditions.

Tub pads offer a cost-effective and hassle-free alternative to traditional spa foundations, such as concrete and wood, thereby increasing their demand in the European swimming pools & spas market. They offer improved durability and reliability compared to crushed stones or concrete as a spa base. The lightweight & movable nature of tub pads is contributing to their growing popularity among spa owners. The flexibility of conveniently relocating them to indoor and outdoor locations is contributing to their proliferating market size in 2020.

The fiberglass segment valuation was over USD 270 million in 2019 due to its low cost and enhanced durability. The increasing representation of fiberglass in the market is also credited to the low strength-to-weight ratio, which provides the same strength as steel or aluminum at much lower weight.
 

The Europe swimming pools & spas market is predicted to register a significant growth during the forecast period. Consumers are increasingly spending on renovating their gardens and outdoor areas to create a comfortable relaxing environment. This has led to a significant increase in the sales of portable swimming pools & spas in countries including the UK and Germany. According to the British and Irish Spa and Hot Tub Association (BISHTA) report in June 2020, over 35% of British homeowners are inclined toward spending their summer vacations at home, relaxing in their swimming pools & spas.