According to the recent report titled ‘Europe Swimming Pools & Spas Market Size By Product, By Accessories, By Material (Plastic, Rubber, Fiberglass, Stainless Steel) Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020 – 2026’, available with Market Study Report, Europe swimming pools & spas market is anticipated to grow substantially over 2020-2026.
 

Evolving lifestyle and widespread incorporation of swimming pools in modern households as stress reliever are propelling the growth of Europe swimming pools & spas market. As per the report, revenues worth USD 33.3 billion were generated from spas sector in Europe in 2017 and the sector has been expanding at 10.1% growth rate since 2015.
 

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Growing trend of 24*7 digital connectivity leading higher levels of stress is boosting the demand for digital detox, thereby increasing the popularity of spa treatments and health resorts in the region. Besides, surging adoption of movable spas and swimming pool floors in modern houses will augment the market outlook, cites the report.
 

Although, Europe swimming pools & spas industry is facing setback due to COVID-19 pandemic and consequently plunging tourism sector. But consumer inclination towards movable spas for personal use as well as revival of the tourism sector is anticipated to have a positive impact on the market remuneration in the coming years.
 

Speaking of the product terrain, movable spas segment is gaining substantial traction on account of benefits such as easy installation, portability, ease of maintenance. Movable spas are being integrated in modern houses as they offer relaxation and hydrotherapy.
 

Based on the accessories terrain, Europe swimming pools & spas market share from pool accessories segment is predicted to grow rapidly over 2020-2026, pertaining to improved utility and protection offered by them. Pool accessories include pool covers, pool pods, integrated stairs, and water depth displays. Pool covers protect pools from contaminants, retain water & chemicals, and maintain heat integrity. Other benefits include less consumption of chlorine, lower chances of flow blockage, reduced leaf load, and diminished evaporation.
 

Based on the material type, plastic segment of Europe swimming pools & spas market is reckoned to grow with a CAGR of 11% through 2026, attributable to low cost and lightweight of the material.
 

Major players in Europe swimming pools & spas market are Watkins Wellness, Villeroy & Boch, Variopool B.V., Twinscape Group Ltd., Roca Sanitario S.A., PORTCRIL, Lift’O, Intex Recreation Corp., Guncast Swimming Pools Ltd., Coast Spas Manufacturing Inc., Bullfrog International LC, Blue Falls Manufacturing, Beachcomber Hot Tubs, Aqualift, and Akvo Spiralift Inc.