PUBLISHER: The Business Research Company | PRODUCT CODE: 1582569
PUBLISHER: The Business Research Company | PRODUCT CODE: 1582569
Pool loungers are pieces of outdoor furniture designed for relaxation and comfort around swimming pools. They typically feature an elongated, reclined seating surface that allows users to lie back and stretch out fully. Many pool loungers come with adjustable backrests, enabling users to set the angle of recline according to their preference, from sitting upright to lying completely flat.
The main types of pool loungers are fixed and foldable. Fixed pool loungers are permanently installed or attached to the pool area, rather than being portable or foldable. They come in various price ranges, including low, medium, and high, and are distributed through both direct and indirect channels. These loungers are made from a variety of materials, such as stainless steel, plastic, solid wood, and others, and are used for both residential and commercial purposes.
The pool loungers market research report is one of a series of new reports from The Business Research Company that provides pool loungers market statistics, including the pool loungers industry global market size, regional shares, competitors with pool loungers market share, detailed pool loungers market segments, market trends, and opportunities, and any further data you may need to thrive in the pool loungers industry. These pool loungers market research reports deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The pool loungers market size has grown strongly in recent years. It will grow from $3.28 billion in 2023 to $3.47 billion in 2024 at a compound annual growth rate (CAGR) of 5.8%. The growth during the historic period can be attributed to the expansion of e-commerce, the rising popularity of staycations, increased climate change awareness, a growing number of residential swimming pools, and increased construction activities.
The pool loungers market size is expected to see strong growth in the next few years. It will grow to $4.36 billion in 2028 at a compound annual growth rate (CAGR) of 5.9%. The growth in the forecast period can be attributed to rising disposable income, the growing popularity of outdoor living spaces, the expansion of urban areas and lifestyle changes, the growth of the tourism industry, and increasing awareness of the benefits of relaxation and leisure time. Major trends during this period include the introduction of ergonomically designed and multifunctional loungers, the use of weather-resistant and durable materials, a strong preference for established brands, demand for sustainable and recyclable loungers, and collaborations between manufacturers and retail chains.
The growth of the hospitality industry is expected to drive the expansion of the pool lounger market. The hospitality industry includes businesses that provide lodging, food, beverages, entertainment, and other services to guests and travelers for their comfort and enjoyment. This sector is growing due to increased global travel, rising disposable incomes, and a heightened preference for personalized experiences and convenience among consumers. Pool loungers are essential in the hospitality industry for enhancing guest comfort and relaxation around pools. They offer a desirable amenity that contributes to a positive guest experience, encourages longer stays, and promotes repeat visits. For instance, a report from the American Hotel and Lodging Association, published in May 2023, noted that total business sales supported by hotels reached $1.5 trillion in 2022. This represents a 29.9% increase compared to 2021 and a 7.6% rise above pre-pandemic levels in 2019. Hence, the growth of the hospitality industry is fueling the demand for pool loungers.
Key players in the pool lounger market are focusing on creating innovative products, such as chaise loungers, which are both functional and stylish for outdoor settings. Chaise loungers are elongated chairs designed for reclining and relaxation, often used around pools, patios, and gardens. For example, in March 2022, Ledge Lounger, a US-based luxury outdoor furniture designer, introduced the Autograph Collection of outdoor living furniture. This collection features new chaise lounges, chairs, headrest pillows, and side tables, all offering a sophisticated, contemporary design for in-pool and outdoor settings. The Autograph chaise, notable for its striking architectural silhouette, is designed to enhance the aesthetic of any outdoor space. It is ideal for tanning ledges with up to 12 inches of water and includes improved ergonomics and increased lumbar support for enhanced comfort.
In January 2024, Twin Star Home, a US-based company specializing in indoor and outdoor furniture, acquired Grand Basket for an undisclosed amount. This acquisition reinforces Twin Star's position as a leader in e-commerce-driven home furnishings and outdoor living across North America and expands their outdoor product range. Grand Basket is a US-based manufacturer of pool loungers.
Major companies operating in the pool loungers market are Pottery Barn, Frontgate, Grosfillex Inc., Brown Jordan Inc., Tropitone Furniture Company Inc., Janus et Cie, Kettler Inc., Telescope Casual Furniture Inc., SR Smith LLC, Homecrest Outdoor Living, Gloster Furniture, O.W. Lee, Woodard Furniture Ltd., Windward Design Group, Ledge Lounger LLC, Skyline Design, Dedon GmbH, Suncoast Furniture, Ebel Inc., Barlow Tyrie Ltd., AquaBlu Mosaics, Gensun, Hanamint Corp., Nardi Spa, Resort Contract Furnishings, Royal Botania Inc., Tenjam Inc.
North America was the largest region in the pool loungers market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the pool loungers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the pool loungers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The pool loungers market consists of sales of adjustable pool loungers, double pool loungers, inflatable loungers and cushions. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Pool Loungers Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on pool loungers market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for pool loungers ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The pool loungers market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.