According to a research report titled ‘Global Pool Equipment Market Research Report: Forecast (2021-2026)’, available with Market Study Report, global pool equipment market is projected to register a substantial growth rate during the forecast period 2020-2026.
 

As per research findings, rising interest of people in sports activities like swimming as well as the growing inclination towards healthy lifestyles are stimulating worldwide pool equipment industry growth.
 

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Furthermore, development of diverse product portfolios by various leading market players, and the aggressive marketing strategies adopted by them are contributing to the overall market expansion.
 

Coming to the impact of the COVID-19 pandemic, the demand in pool equipment market has seen a steep fall due to government restrictions on movement of people, as well as social distancing and social gathering norms. This has led to reduced participation in sports activities and has slowed down the growth in tourism sector.
 

However, as lockdown restrictions begin to ease, use of amenities such as swimming pools are expected to increase, thus propelling the industry remuneration scope in the upcoming years.
 

Based on product type, global pool equipment market is arrayed into pumps, filters, cleaners, chemicals, heaters and others. By end-user scope, the industry is classified into commercial and residential sectors. Moving on to market type, the business vertical comprises of equipment and maintenance.
 

Lastly classifying on the basis of pool-type, global pool equipment market is split into in-ground, and above ground. Among these, in-ground pools are projected to record substantial growth in the ensuing years due to evolving consumer lifestyles, and high demand for swimming pools in residential sector.
 

Moreover, in-ground pools offer ease of access and do not require weather proofing. Additionally, the recent developments in residential and commercial sectors as well as low maintenance costs of in-ground pools is spurring the segmental growth.
 

Considering the regional outlook, the research for global pool equipment market spans across Asia Pacific (India, China, Japan, Singapore, Vietnam, and Indonesia among others), Middle East and Africa ( Quatar, UAE, Saudi Arabia and others), Europe (Spain, Italy, U.K., France, Germany and others), North America (The U.S.A, Canada, Mexico), and South America (Brazil and others).
 

Major contenders in the industry vertical are Pleatco LLC, Guangdong Laswim Pool & Spa Equipment Co., FIJA Group, Emaux Water Technology Co. Ltd., Chemoform A.G.,       Hayward Industries Inc., Maytronics Ltd., Waterco Ltd., Pentair plc, and Fluidra SA.