In 2023, the market size for Sporting Equipments, Swimming, and Paddling Pools in the US stood at approximately 14.764 billion USD. The forecast reveals a consistent annual growth with the market expected to reach 15.568 billion USD by 2028. Year-on-year percentage increases are steady, with expectations of around 1.11% in 2024, 1.11% in 2025, and maintaining similar rates through to 2028, amounting to an approximate CAGR of 1.34% over the 5-year period.
Future trends to watch for:
- Growing consumer interest in outdoor and wellness activities post-pandemic, potentially driving demand.
- Technological advancements in smart sporting equipment could spur additional growth.
- Sustainability concerns may push for eco-friendly materials and designs in pool equipment manufacturing.