Market Overview:
The global outdoor hot tub market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for luxury and comfort among consumers, coupled with the rising disposable income levels in emerging economies. In terms of type, the inflatable hot tub segment is expected to witness higher growth than other segments during the forecast period. This can be attributed to their low price point and easy installation process as compared to other types of hot tubs. In terms of application, the household segment is expected to account for a larger share of the global outdoor hot tub market than commercial applications during the forecast period.
Product Definition:
An outdoor hot tub is a type of bathtub that can be installed outdoors, usually in the backyard or on a deck. Outdoor hot tubs are often made out of fiberglass or acrylic and come in a variety of shapes and sizes. They are heated with either gas or electricity and can hold anywhere from two to ten people. Outdoor hot tubs are popular for their ability to provide relaxation and stress relief, as well as for their therapeutic benefits.
Inflatable Hot Tub:
An inflatable hot tub is a portable swimming pool that can be used in the outdoor. It has several advantages over traditional pools, which include low maintenance cost, easy setup and take down, no need for heating system orchlorine tablets etc., less space requirement etc. The growing popularity of outdoor hot tubs among consumers as a result of increased spending on leisure equipment is expected to drive the market growth over the forecast period.
Acrylic Hot Tub:
The acrylic hot tub is a type of above-ground pool that is used in outdoor hot tubs. It has the advantage of being lightweight and easy to move around, which makes it very popular among consumers looking for an outdoor hot tub. The acrylic material used in this product offers heat retention properties that are superior to fiberglass; however, it does not offer the strength or durability of fiberglass.
Application Insights:
The commercial segment held the largest share of over 70.0% in 2017. The growth can be attributed to the increasing number of hotels, spas and other recreational facilities at global level. Increasing spending on leisure activities by consumers is also a key factor driving the demand for outdoor hot tubs in this segment.
Household application is expected to witness significant growth over the forecast period owing to growing urbanization and rising disposable income among consumers across various regions including Asia Pacific, Central & South America, and Middle East & Africa. In addition, manufacturers are entering into new markets through retail channels which will further boost product demand globally during 2018 - 2030 period ¢â‚¬Å“ Tubegalore ¢â‚¬ as retailers are promoting these products heavily due to high consumer awareness regarding health benefits associated with it such as relaxation therapy for muscles sore from workout or fatigue after a long day's work etc.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to continue its dominance over the forecast period. This can be attributed to increasing spending on leisure products, high disposable income of consumers, and presence of well-established commercial sectors in countries such as U.S., Canada, and Mexico. Europe accounted for more than 25% share of the overall revenue in 2017 owing to growing popularity of hot tubs for relaxation among people with higher incomes there.
Growth Factors:
- Increasing disposable income of people, which leads to the demand for luxury products such as outdoor hot tubs.
- Growing popularity of wellness and spa culture, which has led to an increase in the demand for outdoor hot tubs.
- Rising awareness about the health benefits of using an outdoor hot tub, which is driving the growth of this market.
- Technological advancements in outdoor hot tubs that are making them more affordable and easier to use, thereby increasing their adoption rate among consumers.
Scope Of The Report
Report Attributes
Report Details
Report Title
Outdoor Hot Tub Market Research Report
By Type
Inflatable Hot Tub, Acrylic Hot Tub, Others
By Application
Household, Commercial
By Companies
Mexda, Monalisa, SUNSPA, WMK, Bigeer, Astral Pool, AQUASUN, Jacuzzi, Coleman, SaluSpa Paris, Intex, Radiant Saunas, Lay Z
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
161
Number of Tables & Figures
113
Customization Available
Yes, the report can be customized as per your need.
Global Outdoor Hot Tub Market Report Segments:
The global Outdoor Hot Tub market is segmented on the basis of:
Types
Inflatable Hot Tub, Acrylic Hot Tub, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Household, Commercial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Mexda
- Monalisa
- SUNSPA
- WMK
- Bigeer
- Astral Pool
- AQUASUN
- Jacuzzi
- Coleman
- SaluSpa Paris
- Intex
- Radiant Saunas
- Lay Z
Highlights of The Outdoor Hot Tub Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Inflatable Hot Tub
- Acrylic Hot Tub
- Others
- By Application:
- Household
- Commercial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Outdoor Hot Tub Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An outdoor hot tub is a spa that is typically located outdoors. It can be used for relaxation and enjoyment in nature.
Some of the major players in the outdoor hot tub market are Mexda, Monalisa, SUNSPA, WMK, Bigeer, Astral Pool, AQUASUN, Jacuzzi, Coleman, SaluSpa Paris, Intex, Radiant Saunas, Lay Z.
The outdoor hot tub market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Outdoor Hot Tub Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Outdoor Hot Tub Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Outdoor Hot Tub Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Outdoor Hot Tub Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Outdoor Hot Tub Market Size & Forecast, 2020-2028
4.5.1 Outdoor Hot Tub Market Size and Y-o-Y Growth
4.5.2 Outdoor Hot Tub Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Inflatable Hot Tub
5.2.2 Acrylic Hot Tub
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Household
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Outdoor Hot Tub Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Outdoor Hot Tub Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Inflatable Hot Tub
9.6.2 Acrylic Hot Tub
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Household
9.10.2 Commercial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Inflatable Hot Tub
10.6.2 Acrylic Hot Tub
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Household
10.10.2 Commercial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Inflatable Hot Tub
11.6.2 Acrylic Hot Tub
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Household
11.10.2 Commercial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Inflatable Hot Tub
12.6.2 Acrylic Hot Tub
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Household
12.10.2 Commercial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Inflatable Hot Tub
13.6.2 Acrylic Hot Tub
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Household
13.10.2 Commercial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Outdoor Hot Tub Market: Competitive Dashboard
14.2 Global Outdoor Hot Tub Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Mexda
14.3.2 Monalisa
14.3.3 SUNSPA
14.3.4 WMK
14.3.5 Bigeer
14.3.6 Astral Pool
14.3.7 AQUASUN
14.3.8 Jacuzzi
14.3.9 Coleman
14.3.10 SaluSpa Paris
14.3.11 Intex
14.3.12 Radiant Saunas
14.3.13 Lay Z
