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Hot Tub Manufacturing - Industry Market Research Report

  • June 2016
  • -
  • Ibisworld
  • -
  • 31 pages

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Bubbling up: Higher incomes and confidence will stimulate a new wave of hot tub purchases



Abstract

Hot Tub Manufacturing

The Hot Tub Manufacturing industry significantly contracted over the past five years. Although the number of higher-income households, this industry's primary market, moderately increased, it was insufficient in preventing a major fall in revenue during the recession. Over the next five years, the industry is projected to return to growth. The recovering economy will bolster disposable income and consumer confidence, stimulating a new wave of hot tub purchases.

This industry manufactures hot tubs, spas and whirlpools made from non-ceramic materials (e.g. fiberglass or acrylic). A hot tub is a large tub or small pool full of heated water and used for soaking, relaxation, massages or hydrotherapy. In most cases, they have jets for massage purposes.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.



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