Press Release

Pool Loungers Market to Grow with a CAGR of 4.78% through 2029

The global pool loungers market is growing rapidly, driven by booming leisure and hospitality and rise of online shopping platforms are key market trends.

 

According to TechSci Research report, “Pool Loungers Market - Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029F”, the global pool loungers market stood at USD 3.51 billion in 2023 and is anticipated to grow with a CAGR 4.78% through 2029. The global pool loungers market is experiencing dynamic growth driven by increasing consumer preferences for outdoor leisure, rising affluence, and the desire to create stylish outdoor spaces. Innovative designs, integration of smart technology, and sustainability trends are shaping product development. E-commerce platforms contribute to market accessibility. However, challenges like seasonal dependence, intense competition, environmental concerns, and regulatory compliance persist. The market is characterized by diverse offerings, catering to varying consumer needs and lifestyles. As the demand for comfortable and aesthetically pleasing outdoor furniture continues, the global pool loungers market is poised for sustained expansion.

Rising affluence and disposable incomes globally contribute significantly to the market's expansion. As economies develop and incomes increase, consumers are more willing to invest in enhancing their quality of life, including upgrading their outdoor living spaces. This growing affluence is especially pronounced in regions such as North America, Europe, and the Asia-Pacific, where the prevalence of swimming pool installations and a culture of outdoor living are strong drivers for the demand for pool loungers.


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Innovation in product designs and features represents another pivotal driver in the global pool loungers market. Manufacturers are continually pushing boundaries to create loungers that not only prioritize comfort but also incorporate cutting-edge designs and functionalities. From inflatable loungers with integrated cup holders to high-end models featuring advanced materials and ergonomic designs, the market is rife with diverse options catering to a wide array of consumer preferences.

The integration of smart technology into pool loungers is emerging as a defining trend. Loungers with built-in speakers, USB charging ports, and LED lighting are becoming increasingly popular, catering to a tech-savvy demographic that seeks a seamless blend of outdoor relaxation and modern conveniences. This trend not only enhances the user experience but also positions pool loungers as lifestyle accessories, reflecting the broader fusion of technology and everyday living.

Sustainability is an ever-growing concern, and it is influencing the global pool loungers market. Environmental consciousness has led manufacturers to adopt eco-friendly materials and production processes. Recycled plastics, responsibly sourced wood, and eco-friendly fabrics are becoming integral components of pool lounger designs, aligning with consumers' desire for environmentally responsible choices. This shift towards sustainability extends beyond materials to encompass the entire product life cycle, prompting manufacturers to explore efficient recycling programs for old or damaged pool loungers.

The global pool loungers market is not without its challenges. Seasonal dependence and climate sensitivity pose significant hurdles, as demand fluctuates with changing weather conditions. Intense competition and price sensitivity within the market lead to pricing pressures and potential challenges for manufacturers aiming to maintain quality standards while staying competitive.

The global pool loungers market is segmented into type, end user, distribution channel, regional distribution, and company.

Based on type, the market is segmented into fixed, foldable. The fixed segment asserts dominance in the global Pool Loungers Market, occupying a prominent position in consumer preferences and market dynamics. Fixed pool loungers, characterized by their sturdy construction and permanent installation, offer unmatched durability and reliability, making them a favored choice among pool owners and operators worldwide. These loungers provide a stable and comfortable seating option for relaxation by the poolside, catering to both residential and commercial settings such as hotels, resorts, and aquatic centers. Furthermore, fixed pool loungers often feature ergonomic designs and premium materials, elevating the overall poolside experience for users. Their popularity stems from the assurance of long-term functionality and aesthetics, coupled with minimal maintenance requirements. With a strong foothold in the market, the fixed segment continues to lead the Pool Loungers Market, driven by enduring demand for high-quality and enduring poolside seating solutions.

 

Major companies operating in global pool loungers market are:

  • Ledge Lounger, Inc.
  • Vondom, S.L.U.
  • Brown Jordan Inc.
  • Roda srl
  • Grosfillex, Inc.
  • Tropitone Furniture Co., Inc.
  • Resinas Olot S.L. 
  • Gloster Furniture GmbH
  • Universal Furniture International, Inc.
  • Papatya Mobilya San. Ve Ticaret Ltd. Şti

 

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“The global pool loungers market is characterized by dynamic growth fueled by the increasing demand for outdoor leisure, rising affluence, and lifestyle trends emphasizing stylish outdoor living spaces. Innovative designs, integration of smart technology, and sustainability are driving product development. The market landscape is further shaped by the booming e-commerce industry, providing consumers easy access to diverse pool loungers. However, challenges such as seasonal dependence, price competition, environmental concerns, and regulatory compliance persist. With a diverse range of offerings, the market caters to varied consumer preferences. As demand for comfortable and aesthetically pleasing outdoor furniture continues to rise, the global pool loungers market is poised for sustained expansion.” said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

Pool Loungers Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Fixed, Foldable), By End User (Residential, Commercial), By Distribution Channel (Direct Sales, Indirect Sales), By Region, By Competition, 2019-2029F”, has evaluated the future growth potential of global pool loungers market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the global pool loungers market.

 

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Pool Loungers Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Fixed, Foldable), By End User (Residential, Commercial), By Distribution Channel (Direct Sales, Indirect Sales) By Region, By Competition, 2019-2029F

Consumer Goods and Retail | May, 2024

The global pool loungers market is growing rapidly, driven by booming leisure and hospitality and rise of online shopping platforms are key market trends

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