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Swimming Pool Construction in the US - Market Research Report (2014-2029)

Matty O'Malley Matty O'Malley New York, United States Last Updated: October 2024 NAICS 23899b

Revenue

$13.9bn

2024

$13.9bn

Past 5-Year Growth

Profit

$XXX.Xm

Employees

58,753

Businesses

16,841

Wages

$X.Xbn

Swimming Pool Construction in the US industry analysis

Swimming pool construction contractors have experienced significant fluctuations in recent years, shaped largely by the broader economic environment and consumer behavior. The COVID-19 pandemic initially spurred a surge in demand for private swimming pools, as travel restrictions and the closure of public amenities drove homeowners to invest in their backyards. Low interest rates during 2020 and 2021 further fueled this demand, leading to a boom that greatly benefited swimming pool contractors. However, this growth momentum faced headwinds with the rise in interest rates in 2022 and 2023, prompting a slowdown in new single-family home construction and a dip in demand for swimming pools. Industry revenue has been increasing at a CAGR of 0.5% over the past five years to total an estimated $13.9 billion in 2024, including an estimated increase of 2.6% in 2024. Interest rates falling in 2024 and slowing the drop of single-family housing starts will contribute to this growth. 

Trends and Insights

  • Low interest spurred a boom in new single-family construction and pool construction, but interest rate hikes slowed this expansion. Multifamily construction activity offset declines in single-family construction. Rate cuts in 2024 will begin to boost single-family construction.
  • New pool construction has fluctuated greatly recently. A housing boom in 2020 and 2021 fueled a spike in pool construction, but rising interest rates have since slowed growth. The Federal Reserve reducing rates in 2024 will incentivize new pool construction.
  • Pool contractors thrive in warm climates. They're particularly prevalent in California and Florida, where the consistent warm weather allows for year-round operations.
  • Swimming pool construction contractors face fierce internal rivalry. Companies rely on referrals, making a strong reputation a critical competitive asset.

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  • Market estimates from 2014-2029
  • Critical performance data and rankings
  • Detailed analysis of competitive forces and the external environment
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Industry Statistics and Trends

Market size and recent performance (2014-2029)

Industry revenue has grown at a CAGR of 0.5 % over the past five years, to reach an estimated $13.9bn in 2024.

Trends and Insights

Single-family housing construction has been volatile

  • The low interest rate environment following the outbreak of COVID-19 led to a boom in the housing market in 2020 and 2021, greatly benefitting swimming pool contractors. Swimming pool contractors benefitted during the pandemic, as social distancing measures hindered opportunities for consumers to travel, use public pools and enjoy most amusement outlets.
  • Additional trends and insights available with purchase
Swimming Pool Construction in the US
Revenue (2014-2029)
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Industry outlook (2024-2029)

Market size is projected to grow over the next five years.

Trends and Insights

Contractors will benefit from residential construction growth

  • While rates will continue to drop, they will remain high early, dampening residential construction growth, particularly new single-family construction. Still, high interest rates may spark an uptick in private spending on home improvements. Homeowners with secured low interest rates will aim to enhance their property values, providing opportunities for contractors.

Biggest companies in the Swimming Pool Construction in the US

Company
Market Share (%)
2024
Revenue ($short_0)
2024
Profit ($short_0)
2024
Profit Margin (%)
2024

There are no companies that hold a large enough market share in the Swimming Pool Construction in the US industry for Alfabank-Adres to include in this product.

Products & Services Segmentation

Swimming Pool Construction in the US
Products & Services
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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.

Trends and Insights

New pool construction activity has been volatile

  • This segment includes new construction of in-ground concrete, in-ground vinyl, in-ground fiberglass, indoor pools and swimming ponds.
  • More insights available in the full report

Table of Contents

About this industry

Industry definition

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.

What's included in this industry?

Constructing and installing indoor swimming poolsConstructing and installing in-ground swimming poolsConstructing and installing swimming pondsProviding repair and maintenance services for constructed swimming pools

Companies

Purchase this report to view all major companies in this industry.

Related Terms

FILTRATIONSHOTCRETEGUNITE

Industry Code

NAICS 2017

NAICS 238990 - Swimming Pool Construction in the US

Performance

Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.

Analyst insights

Low interest spurred a boom in new single-family construction and pool construction, but interest rate hikes slowed this expansion. Multifamily construction activity offset d...

In this chapter (4)

  • Current Performance
  • Outlook
  • Volatility
  • Life Cycle

Key metrics

  • Annual Revenue, Recent Growth, Forecast, Revenue Volatility
  • Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
  • Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
  • Total Profit, Profit Margin, Profit per Business

Charts

  • Revenue, including historical (2014-2023) and forecast (2024-2029)
  • Employees, including historical (2014-2023) and forecast (2024-2029)
  • Businesses, including historical (2014-2023) and forecast (2024-2029)
  • Profit, including historical (2014-2024)
  • Industry Volatility vs. Revenue Growth
  • Industry Life Cycle

Detailed analysis

  • Trends in supply, demand and current events that are driving current industry performance
  • Expected trends, economic factors and ongoing events that drive the industry's outlook
  • Key success factors for businesses to overcome volatility
  • How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.

Products and Markets

Learn about an industry's products and services, markets and trends in international trade.

Analyst insight

New pool construction has fluctuated greatly recently. A housing boom in 2020 and 2021 fueled a spike in pool construction, but rising interest rates have since slowed growth...

In this chapter

  • Products & Services
  • Major Markets

Key metrics

  • Largest market segment and value in 2024
  • Product innovation level

Charts

  • Products & services segmentation in 2024
  • Major market segmentation in 2024

Detailed analysis

  • Trends impacting the recent performance of the industry's various segments
  • Innovations in the industry's product or service offering, specialization or delivery method
  • Key factors that successful businesses consider in their offerings
  • Buying segments and key trends influencing demand for industry products and services

Geographic Breakdown

Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.

Analyst insights

Pool contractors thrive in warm climates. They're particularly prevalent in California and Florida, where the consistent warm weather allows for year-round operations.

In this chapter (1)

  • Business Locations

Charts

  • Share of revenue, establishment, wages and employment in each state
  • Share of population compared to establishments in each region in 2024

Tables

  • Number and share of establishments in each state in 2024
  • Number and share of revenue each state accounts for in 2024
  • Number and share of wages each state accounts for in 2024
  • Number and share of employees in each state in 2024

Detailed analysis

  • Geographic spread of the industry across North America, and trends associated with changes in the business landscape
  • Key success factors for businesses to use location to their advantage

Competitive Forces

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.

Analyst insights

Swimming pool construction contractors face fierce internal rivalry. Companies rely on referrals, making a strong reputation a critical competitive asset.

In this chapter (4)

  • Concentration
  • Barriers to Entry
  • Substitutes
  • Buyer & Supplier Analysis

Key metrics

  • Industry concentration level
  • Industry competition level and trend
  • Barriers to entry level and trend
  • Substitutes level and trend
  • Buyer power level and trend
  • Supplier power level and trend

Charts

  • Market share concentration among the top 4 suppliers from 2019-2024
  • Supply chain including upstream supplying industries and downstream buying industries, flow chart

Detailed analysis

  • Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
  • Key success factors for businesses to manage the competitive environment of the industry.
  • Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
  • Key success factors for potential entrants to overcome barriers to entry.
  • Competitive threats from potential substitutes for the industry’s own products and services.
  • Key success factors for how successful businesses can compete with substitutes.
  • Advantages that buyers have to keep favorable purchasing conditions.
  • Advantages that suppliers have to maintain favorable selling conditions.
  • Key success factors for how businesses can navigate buyer and supplier power.

Companies

Learn about the performance of the top companies in the industry.

Analyst insights

No contractor controls more than 5.0% of the market. Local operations limit opportunities for larger-scale operations. Growth potential hinges on their capacity to franchise,...

In this chapter

  • Market Share Concentration
  • Companies
  • Company Spotlights

Charts

  • Industry market share by company in 2020 through 2024
  • Major companies in the industry, including market share, revenue, profit and profit margin in 2024

Detailed analysis

    External Environment

    Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.   

    Analyst insights

    Government support for swimming pool contractors is scant. They mainly rely on assistance from private bodies, including the National Spa and Pool Institute and the Master Po...

    In this chapter

    • External Drivers
    • Regulation & Policy
    • Assistance

    Key metrics

    • Regulation & policy level and trend
    • Assistance level and trend

    Charts

    • Regulation & Policy historical data and forecast (2014-2029) 
    • Assistance historical data and forecast (2014-2029) 

    Detailed analysis

    • Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
    • Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
    • Key governmental and non-governmental groups or policies that may provide some relief for industry operators.

    Financial Benchmarks

    View average costs for industry operators and compare financial data against an industry's financial benchmarks over time. 

    Analyst insights

    Contractors have endured profit fluctuations. Changing interest rate levels have contributed to these changes. When growth slowed, so did price-based competition, pushing dow...

    In this chapter

    • Cost Structure
    • Financial Ratios
    • Key Ratios

    Key metrics

    • Profit margin, and how it compares to the sector-wide margin
    • Average wages, and how it compares to the sector-wide average wage
    • Largest cost component as a percentage of revenue
    • Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio

    Charts

    • Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
    • Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
    • Investment vs. share of economy

    Data tables

    • Industry Multiples (2017-2022)
    • Industry Tax Structure (2017-2022)
    • Income Statement (2017-2022)
    • Balance Sheet (2017-2022)
    • Liquidity Ratios (2017-2022)
    • Coverage Ratios (2017-2022)
    • Leverage Ratios  (2017-2022)
    • Operating Ratios (2017-2022)
    • Cash Flow & Debt Service Ratios (2014-2029)
    • Revenue per Employee (2014-2029)
    • Revenue per Enterprise (2014-2029)
    • Employees per Establishment (2014-2029)
    • Employees per Enterprise (2014-2029)
    • Average Wage (2014-2029)
    • Wages/Revenue (2014-2029)
    • Establishments per Enterprise (2014-2029)
    • IVA/Revenue (2014-2029)
    • Imports/Demand (2014-2029)
    • Exports/Revenue (2014-2029)

    Detailed analysis

    • Trends in the cost component for industry operators and their impact on industry costs and profitability 

    Key Statistics

    Industry Data

    Data Tables

    Including values and annual change:

    • Revenue (2014-2029)
    • IVA (2014-2029)
    • Establishments (2014-2029)
    • Enterprises (2014-2029)
    • Employment (2014-2029)
    • Exports (2014-2029)
    • Imports (2014-2029)
    • Wages (2014-2029)

    Top Questions Answered

    Unlock comprehensive answers and precise data upon purchase. View purchase options.

    What is the market size of the Swimming Pool Construction in the US industry in United States in 2024?

    The market size of the Swimming Pool Construction in the US industry in United States is $13.9bn in 2024.

    How many businesses are there in the Swimming Pool Construction in the US industry in 2024?

    There are 16,841 businesses in the Swimming Pool Construction in the US industry in United States, which has grown at a CAGR of 2.0 % between 2019 and 2024.

    Has the Swimming Pool Construction in the US industry in United States grown or declined over the past 5 years?

    The market size of the Swimming Pool Construction in the US industry in United States has been growing at a CAGR of 0.5 % between 2019 and 2024.

    What is the forecast growth of the Swimming Pool Construction in the US industry in United States over the next 5 years?

    Over the next five years, the Swimming Pool Construction in the US industry in United States is expected to grow.

    What does the Swimming Pool Construction in the US in United States include?

    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.

    How competitive is the Swimming Pool Construction in the US industry in United States?

    The level of competition is high and increasing in the Swimming Pool Construction in the US industry in United States.

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    Competitors

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    Complementors

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    International industries

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    View all industries in United States

    Methodology

    How are Alfabank-Adres reports created?

    Alfabank-Adres has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.

    Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for Alfabank-Adres readers. Finally, each report is reviewed by one of Alfabank-Adres’s editors, who provide quality assurance to ensure accuracy and readability.

    Alfabank-Adres relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.

    What data sources do Alfabank-Adres analysts use?

    Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.

    Key data sources in the US include: 

    • US Census Bureau
    • US Bureau of Labor Statistics
    • US International Trade Commission

    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:

    • Industry and trade associations
    • Industry federations or regulators
    • Major industry players annual or quarterly filings

    Finally, Alfabank-Adres’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.

    How does Alfabank-Adres forecast its data?

    Alfabank-Adres’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.

    Alfabank-Adres prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.

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