Fiberglass Swimming Pools Market Size, Share, Growth and Industry Analysis by Type (Surgical Sutures and Staplers, Handheld Surgical Devices, Electrosurgical Devices, And, Others) By Application (Neurosurgery, Plastic and Reconstructive Surgery, Wound Closure Obstetrics and Gynecology, Cardiovascular, Orthopedic, And, Others), Regional Forecast To 2033

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FIBERGLASS SWIMMING POOLS MARKET REPORT OVERVIEW

Global Fiberglass Swimming Pools Market size was USD 11.9 Billion in 2024 and market is projected to touch USD 18.27 Billion by 2033, exhibiting a CAGR of 5.6% during the forecast period.

A fiberglass swimming pool will be made up of a thin layer of glass fiber along with resin. This layer will be given a coating of gel. This product is available in different shapes, sizes, and patterns. It has a non-porous surface. It is very similar to the slides that can be seen in boats, cars, and swimming pools.This is considered as the latest trend in the market.All of these factors have contributed in the development of the fiberglass swimming pool market growth.

COVID-19 IMPACT

" Decrease in Manufacturing Activities During Pandemic Period Reduced Market Growth"

The pandemic of COVID-19 was the reason for economic crisis, in every nation. This pandemic led to the disruption of operation of most of the sectors. A lot of problems were faced during this pandemic. Some of them included labor shortage, and unavailability of raw materials. Due to a sharp drop in demand the price of raw materials had increased to a great extent.

These obstacles created difficulty in carrying out the manufacturing operations. Strict rles were imposed that stated social distancing had to be maintained. Therefore, a lot of factories were not able to operate at their full capacity. With reduction in manufacturing activities, the market share declined.

LATEST TRENDS

"Personalization of Fiberglass Swimming Pools to Increase Market Growth"

Fiberglass swimming pools are manufactured in different varieties. They are available in different colors, sizes, shapes, and patterns. There are numerous attractive tile patterns like rectangles and circles which are manufactured. Another feature of this swimming pool is that they are made up of several levels. As, a result these layers add strength to the pool making them stable.

These pools also come with an option of customization. They can be designed according to the needs and likings of the customer. They are manufactured in a particular sector or facility and are shipped by the manufacturers to their final destination. This can be identified as the latest trend in the market.

FIBERGLASS SWIMMING POOLS MARKET SEGMENTATION

By Type Analysis

The market can be divided on the basis of type into the following segments.

Surgical sutures and staplers, handheld surgical devices, electrosurgical devices, and, others. The surgical sutures segment is expected to lead the market during the forecast period.

By Application Analysis

Classification based on application is as follows:

Neurosurgery, plastic and reconstructive surgery, wound closure obstetrics and gynecology, cardiovascular, orthopedic, and, others. The neurosurgery segment is the segment that is expected to lead the market during the forecast period.

DRIVING FACTORS

"Exceptional Strength of These Swimming Pools to Increase Market Growth"

Fiberglass pools are very sturdy and exhibit exceptional strength. Many manufacturers also provide extended warranties incase of any damage. Customers can get the damage repaired with minimal efforts. These factors are increasing the number of customers for fiberglass swimming pool market.

Another added advantage of buying these pools is that the owners will never have the trouble of replacing vinyl liner. A concrete pool will also need to be replastered after some time. But using a fiberglass pool will eliminate all these troubles, decreasing any additional costs. All of these factors are propelling the market.

"Ease in Installation of Fiberglass Pools to Amplify Market Growth"

The amount of effort required to install a fiberglass swimming pool is very less when compared to a concrete pool. The resources and expense required to install these pools are also very minimal. The process of installation is not at all time consuming. The materials used for making fiberglass pools are of good quality and hence the frequency of replacement will be less.

A common problem that can be witnessed when it comes to swimming pools is mildew and mold problems. However, this problem does not occur in fiberglass pools. The reason for this is that the swimming pool is made up of a smooth material that is resistant against mold and algae growth. The material of fiberglass pools is neutral to water and hence they do not affect the Ph level of the water in the pool. This in turn decreases the cost which would otherwise have to be incurred on treating the water in the pool. All of these factors are expected to amplify the market growth.

RESTRAINING FACTORS

"Faulty Construction of Fiberglass Pools to Decrease Market Growth"

Despite providing several advantages over the normal concrete pools, installing a fiberglass swimming pool can be tedious. The major pre-requisite to having a fiberglass pool is to have a lot of space. These pools cannot be installed in congested space. This can deteriorate market growth.

A lot of heavy machines will have to be used to construct these pools. In case of faculty construction, financial resources will be wasted. Most of the times these pools are shipped. Damages can happen when they are getting shipped to the destination. These pools are very sensitive to UV rays and can easily peel off when continuously exposed. All of these factors are hampering the market growth.

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FIBERGLASS SWIMMING POOLS MARKET REGIONAL INSIGHTS

"North America to Dominate Market During Forecast Period"

North America is the leading region in terms of investment and revenue production in the market. Several factors have contributed in making North America the largest shareholder of the market. In the past few decades, the construction industry has witnessed a boom.

With many buildings and infrastructures being erected, the need for swimming pools have also increased. Many manufactures are preferring to install fiberglass swimming pools as there are far more economical compared to the normal ones. These factors are propelling the market development.

KEY INDUSTRY PLAYERS

"Leading Players adopt Acquisition Strategies to Stay Competitive "

Several players in the market are using acquisition strategies to build their business portfolio and strengthen their market position. In addition, partnerships and collaborations are among the common strategies adopted by companies. Key market players are making R&D investments to bring advanced technologies and solutions to the market.

List of Top Fiberglass Swimming Pools Companies

• Zimmer Biomet Holdings, Inc. (U.S.)
• BD (U.S.)
• B.Braun Melsungen AG (Germany)
• Smith & Nephew plc (U.K.)
• Stryker Corporation (U.S.)
• Aspen Surgical Products, Inc. (U.S.)
• Ethicon, Inc. (U.S.)
• Medtronic (Ireland)
• Alcon Laboratories, Inc. (Switzerland)

REPORT COVERAGE

The report provides an insight into the industry from both the demand and supply sides. Further, it also gives information on the impact of COVID-19 on the market, the driving and the restraining factors along with the regional insights. Market dynamic forces during the forecast period have also been discussed for the better understanding of the market situations. FAQs have also been given to outline the report.