Growth in the Tourism industry is driving Swimming Pool Covers Market Growth: Cognitive Market Research

Swimming Pool Covers Market Overview 

Product Overview and Scope of Swimming Pool Covers Market  

Swimming pool covers are protective barriers that are used to cover swimming pools when they are not used regularly. These covers are used for multiple purposes including safety, cleanliness, energy conservation, and maintenance. Swimming pool covers are able to minimize evaporation from both outdoor and indoor pools. Covering is the most effective way of reducing pool heating costs from which around 50%–70% savings are possible. A swimming pool cover reduces the amount of UV light coming into contact with the water. This is an important advantage as the pool’s chemical chlorine is degraded when exposed to UV light. This means the user doesn’t require to add as much chlorine, which can save time to refill and money purchasing the chemicals.
There are many benefits of using swimming pool covers that include decreased water loss, improved heat retention, less strain on chemicals, less chance of the filter becoming blocked, and increased safety for pools. The primary function of swimming pool covers is to ensure the safety of individuals, particularly children, and pets. They act as a physical barrier, preventing accidental access to the pool and reducing the risk of drowning. 
There are main types of pool covers, each offering diverse levels of safety, heat retention, and safety from debris. Winter pool covers, safety pool covers, and solar pool covers. Solar pool covers come in a variety of thickness levels, which provides excellent winterization capabilities. A solar cover is low-cost and provides a basic level of pool covering features, including heat retention and safety from debris. Additionally, safety swimming pool covers are made of sturdy materials that can support the weight of a person or animals and are designed to be secure and difficult to remove without the essential tools or mechanisms. 

Swimming Pool Covers Market – Global Industry Analysis

Market Drivers

• Growth in the tourism industry has increased swimming pool facilities

The global swimming pool cover market is expected to grow in the near future due to the increasing tourism industry, there is a rise in demand for accommodations such as hotels, resorts, and vacation rentals. These establishments often feature swimming pools as a key facility to attract people. As more tourists visit these properties, there is an increased need to maintain and protect the swimming pools, which includes the use of pool covers. Pool covers help in conserving energy, reduce evaporation, and keep the pool clean, thereby minimizing maintenance efforts and costs. In the tourism industry, the safety of visitors is important. When pools are not in use, pool covers play an important role in preventing accidents. By installing safety covers, hotels and resorts can comply with safety regulations, reduce the risk of accidents or drownings, and minimize potential liability issues. As the tourism industry focuses on visitor safety, the demand for high-quality pool covers with safety features is likely to increase.

Total contribution of travel and tourism to gross domestic product (GDP) worldwide (2019-2021)

Source: Cognitive Market Research

Furthermore, tourism eco-efficiency is an essential indicator to measure the level of green and sustainable development of tourism. Thus, pool covers help to save energy and reduce operating expenses for hotels and resorts by minimizing heat loss, evaporation, and chemical usage. The tourism sector may encourage establishments to adopt sustainable practices and draw in eco-aware tourists by promoting the usage of pool coverings as an environmentally friendly alternative.

• Increasing trend of water sports and development of leisure centers

Global Swimming Pool Covers Revenue by Regions (2018-2023)

Global Swimming Pool Covers Revenue and Market Share (%) by regions (2018-2023)

Global Swimming Pool Covers Revenue (USD Million) by regions (2018-2023)

Global Swimming pool covers market was valued at USD 1,649.3 Million in 2022 and is expected to grow at a CAGR of 5.53 % over the forecast period from 2023 to 2030.

Global Swimming Pool Covers Market Scope

By Type

• Solar Pool Covers
• Thermal Pool Covers
• Automated Pool Covers
• Winter Pool Covers
• Hidden Pool Covers

By Pools

• In-ground
• Above-ground Pools

By Application

• Indoor
• Outdoor 

Company List

• Intex corporation
• Sun2Solar R&P Pools, Inc.
• Blue Wave Products.Inc.
• Poolmate Engineering Co., Limited.
• GLI Pool Products Inc
• Buffalo Blizzard.Inc
• Meyco Products.Inc
• LOOP LOC.Ltd
• Swimline. corp.
• Elite Pool Covers Pty Ltd
• Favaretti group
• Others

Swimming Pool Covers Market, By Type

Swimming Pool Covers Market, By Type (2022)

Source: Cognitive Market Research

In 2022, solar swimming pool cover segment dominated the market and contributed to the largest revenue share in the swimming pool cover market of around 35.74% in 2022. A solar pool cover is a large plastic sheet made of translucent polyethylene with air bubbles that absorb heat from the sun and transfer it to the pool water. A solar pool cover serves for two main purposes, to protect the pool and to raise the water temperature naturally. However, one potential drawback of solar pool covers is that while they are relatively inexpensive, they are not as durable as other pool cover options.

Global Swimming Pool Covers Manufacturers Profiles/Analysis

GLI Pool Products Inc

GLI Pool Products Inc Company Basic Information, and Sales Area

Business Segment/ Overview:

GLI Pool Products, Inc is US based company engaged in manufacturing swimming pool products. The company provides a wide range of products including inground liners, safety covers, above-ground liners, covers, winter covers, safety fencing, and solar blanket storage systems. It sells its products through pool distributors, swimming pool retailers, builders, and service companies. Moreover, the company also manufactures different parts such as cleaner parts, solar reel parts, safety cover parts, safety fencing parts, and other parts.

Impact of COVID-19

The outbreak of COVID-19 has caused disruptions in global supply chains due to lockdowns, travel restrictions, and factory closures. This has impacted the availability of raw materials and components required for manufacturing swimming pool covers. Delays in the supply chain during the pandemic resulted in production slowdowns or increased costs for the company.

Business Strategy 

GLI Pool Products, Inc has a strong focus on supply chain management to increase the revenue of the company and help to build a strong consumer brand. For instance, GLI sells its products through 450 wholesale pool distributors and 1,500 swimming pool retailers, builders, and service companies. Furthermore, the company is engaged in product innovation to fulfil the demand of the customer. For example, the company utilizes lean manufacturing processes to manufacture and ship worldwide custom pool liners and safety covers.