Market Overview:
The global wave pools market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for wave pools for sports races and entertainment purposes. In addition, the growing popularity of surfing and other water sports is also contributing to the growth of the global wave pools market. The global wave pools market can be segmented by type, application, and region. By type, the market can be divided into fresh-water wave pools and salt-water wave pools. Fresh-waterwavepools are more popular than salt-waterwavepools as they are less expensive to constructand operateand do not require specialized equipment or maintenance staff. Sports race applications include surfing competitions, kayaking competitions, wakeboarding competitions etc., while entertainment applications include theme parks, water parks etc.
Product Definition:
Wave pools are man-made bodies of water that create waves for people to surf in. They are used for recreation and exercise, and can be found in public parks and private resorts.
Fresh-Water Wave Pools:
Fresh-water wave pools are used for surfing activities. Wave pool is a place where waves can be ridden by individuals, groups or whole families. It is an artificial water body created in an ocean like setting wherein surfers can ride the waves without any risks of getting wet and with no risk of being swept out to sea.
Salt-Water Wave Pools:
The salt-water wave pools are used in the construction of wave pools. Wave pool is a collection of multiple waves, which are caused by wind or any other natural phenomenon. The water is drawn from a body of water such as a sea, ocean or lake and directed into an artificial pool where it can form waves.
The size and shape of the artificial wave pool depends on the size.
Application Insights:
The sports race segment dominated the global wave pools market in terms of revenue share in 2017. The segment is expected to witness significant growth over the forecast period owing to increasing participation and interest of people from all age groups, especially millennials, in fitness activities. Moreover, governments are taking initiatives for development and promotion of sports tourism which will further boost the growth over the forecast period. For instance, according Wave Pools And Resorts By Government In India To Promote Sports Tourism ¢â‚¬â€œ A Proposal To develop 20 new surfing destinations by 2019 underlining sustainable tourism development along with conservation efforts made by local communities living near these areas.
Entertainment was another major application that contributed significantly to overall revenue share in 2017 due Wave Pool Entertainment Center In China Offering Live Shows And Music ¢â‚¬ to its growing popularity among millennial as a place for socializing.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing adoption of water sports and other recreational activities across U.S., Canada, and Mexico. In addition, growing number of wave power projects off the coast of U.S.
Asia Pacific is projected to emerge as a lucrative regional market over the forecast period owing to rising disposable income levels in developing countries such as China and India among others; hence boosting demand for high-end technology associated with marine renewable energy generation systems Wave Power Systems (WPS).
Growth Factors:
- Increasing awareness about the health benefits of wave pools among people.
- Rising disposable income of people, which is encouraging them to spend on leisure activities such as wave pool visits.
- Growing popularity of fitness trends, such as swimming and surfing, is driving demand for wave pools worldwide.
- Rapid urbanization is leading to the development of new Wave Pool destinations in major cities across the globe.
Scope Of The Report
Report Attributes
Report Details
Report Title
Wave Pools Market Research Report
By Type
Fresh-Water Wave Pools, Salt-Water Wave Pools
By Application
Sports Race, Entertainment
By Companies
UNIT PARKTECH, Wavegarden, Wave Loch, Kelly Slater Wave Company, American Wave Machines, Surf Lakes, Webber Wave Pools, Murphy's Waves, Barr + Wray, Polin Group, Aquatic Development Group, AFP Technology
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
208
Number of Tables & Figures
146
Customization Available
Yes, the report can be customized as per your need.
Global Wave Pools Market Report Segments:
The global Wave Pools market is segmented on the basis of:
Types
Fresh-Water Wave Pools, Salt-Water Wave Pools
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
Sports Race, Entertainment
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:
- UNIT PARKTECH
- Wavegarden
- Wave Loch
- Kelly Slater Wave Company
- American Wave Machines
- Surf Lakes
- Webber Wave Pools
- Murphy's Waves
- Barr + Wray
- Polin Group
- Aquatic Development Group
- AFP Technology
Highlights of The Wave Pools 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:
- Fresh-Water Wave Pools
- Salt-Water Wave Pools
- By Application:
- Sports Race
- Entertainment
- 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 Wave Pools 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?
Wave pools are a type of water park that offer visitors the opportunity to swim in large, circular pools filled with waves. The waves move throughout the pool and can be quite unpredictable, making it a fun experience for both adults and children.
Some of the major companies in the wave pools market are UNIT PARKTECH, Wavegarden, Wave Loch, Kelly Slater Wave Company, American Wave Machines, Surf Lakes, Webber Wave Pools, Murphy's Waves, Barr + Wray, Polin Group, Aquatic Development Group, AFP Technology.
The wave pools market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Wave Pools 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 Wave Pools Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Wave Pools 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 Wave Pools 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 Wave Pools Market Size & Forecast, 2020-2028
4.5.1 Wave Pools Market Size and Y-o-Y Growth
4.5.2 Wave Pools 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 Fresh-Water Wave Pools
5.2.2 Salt-Water Wave Pools
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 Sports Race
6.2.2 Entertainment
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Wave Pools 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 Wave Pools 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 Fresh-Water Wave Pools
9.6.2 Salt-Water Wave Pools
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 Sports Race
9.10.2 Entertainment
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 Fresh-Water Wave Pools
10.6.2 Salt-Water Wave Pools
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 Sports Race
10.10.2 Entertainment
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 Fresh-Water Wave Pools
11.6.2 Salt-Water Wave Pools
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 Sports Race
11.10.2 Entertainment
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 Fresh-Water Wave Pools
12.6.2 Salt-Water Wave Pools
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 Sports Race
12.10.2 Entertainment
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 Fresh-Water Wave Pools
13.6.2 Salt-Water Wave Pools
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 Sports Race
13.10.2 Entertainment
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 Wave Pools Market: Competitive Dashboard
14.2 Global Wave Pools Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 UNIT PARKTECH
14.3.2 Wavegarden
14.3.3 Wave Loch
14.3.4 Kelly Slater Wave Company
14.3.5 American Wave Machines
14.3.6 Surf Lakes
14.3.7 Webber Wave Pools
14.3.8 Murphy's Waves
14.3.9 Barr + Wray
14.3.10 Polin Group
14.3.11 Aquatic Development Group
14.3.12 AFP Technology
