In 2019, the Global Inflatable Pools Market was valued at USD 1.85 Billion, and it is expected to register a CAGR of 7.2% between 2020 and 2026.
The demand for inflatable pools has increased in the last couple of years globally. The growing popularity of outdoor recreational activity across the globe has been one of the major factors behind the growth of the inflatable pools market. Outdoor swimming using inflatable pools has witnessed a substantial increase in the last couple of years. Growth in urbanization with the verticality of buildings has led to the low availability of spaces for swimming pools in residential areas. This scarcity has led to the rising popularity of convenient and portable inflatable pools across the world.
Additionally, the advent of e-commerce channels has led to a substantial increase in the sales of inflatable pools across the globe. The proliferation of various online channels selling inflatable pools has led to increased market penetration. Additionally, the outbreak of COVID-19 has led to an exponential growth in the sales of inflatable pools across the globe. People across the globe are constructing backyard pools to keep children and young adults busy. In the US, the sales of kiddie pools have grown since March 2020. The proliferation of e-commerce channels has fueled this unprecedented growth. E-commerce channels are proving to be a lifesaver, especially during the COVID-19 crisis, as they help in maintaining social distance norms. According to the MRFR analysis, over USD 350 billion were spent online in the US within the first six months for the purchase of water toys such as inflatable pools and water slides. Inflatable pools manufacturers such as Pioneer Family Pools, headquartered in the US, have witnessed over a 50% rise in the sales of water toys such as inflatable pools, toys, and slides.
Growth Opportunities in the Market
Increasing Preference for Inflatable Pools Having a Capacity of 3 Individuals: The maximum three individuals segment is currently dominating the global inflatable pools market. Inflatable pools are widely popular among kids and young adults. The rising trend of having private pools within residential premises across the globe is expected to boost the growth of the segment. However, amidst the COVID-19 pandemic, the demand for inflatable pools accommodating a higher number of individuals is on the rise.
High Demand for Inflatable Pools for Children Between 5 to 10 Years of Age: Sales of inflatable pools for the age group of 5 to 10 years are experiencing robust growth since the beginning of 2020. Additionally, the sales of inflatable pools for 11 years and above ages have also increased in the last couple of months. Inflatable pools manufacturers are experiencing a surge in sales for the segments mentioned above. The bans on public pools due to the COVID-19 pandemic are fueling the demand for inflatable pools for these age groups.
Key Players
Jilong Inflatable Pool (US)
Step2 (US)
Jasonwell (US)
Bestway Inflatables & Material Corp (US)
Summer Escapes Swimming Pools (US)
SUNNYLIFE (Australia)
BigMouth Inc. (US)
Harvey Norman Online (Australia)
Banzai (US)
GPCT Inflatable Pool (US)
Complete Report Details @ https://www.marketresearchfuture.com/reports/inflatable-pools-market-10219
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