Market size in 2024 | US$ 5.67 billion |
Forecast Market size by 2030 | US$ 8.92 billion |
---|---|---|---|
Growth Rate | CAGR of 7.8% | Number of Pages | 120 Pages |
The global Portable Spas market size was valued at US$ 5.67 billion in 2024 and is projected to reach US$ 8.92 billion by 2030, at a CAGR of 7.8% during the forecast period 2024-2030.
The United States Portable Spas market size was valued at US$ 1.89 billion in 2024 and is projected to reach US$ 2.89 billion by 2030, at a CAGR of 7.3% during the forecast period 2024-2030.
Portable Spas are self-contained hot tubs that can be moved and installed without permanent fixtures.
The global market is experiencing robust growth, driven by home wellness trends. In 2023, total unit sales reached 850,000, with residential users accounting for 85% of demand. The hospitality segment is growing at 8.5% annually. The market saw a 30% increase in demand for smart-enabled spas in 2023. Entry-level spas dominate with a 55% market share, while luxury models are growing at 10% annually. North America leads with a 50% market share, while Europe is the fastest-growing region at 8.8% CAGR. The industry is focusing on developing energy-efficient systems, with a 35% growth in R&D investments.
Report Overview
This report provides a deep insight into the global Portable Spas market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Portable Spas Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Portable Spas market in any manner.
Global Portable Spas Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
ROCA
Villeroy & Boch
GLASS 1989
HotSpring Spas
TEUCO
Beachcomber Hot Tubs
Desjoyaux Pools
Thermo Spas
Coast Spas
Jaquar
Market Segmentation (by Type)
Non-skirting
Skirting
Market Segmentation (by Application)
Household
Commercial
Hotel
Others
Geographic Segmentation
Report Attributes | Report Details |
---|---|
Report Title | Portable Spas Market, Global Outlook and Forecast 2024-2030 |
Market size in 2024 | US$ 5.67 billion |
Forecast Market size by 2030 | US$ 8.92 billion |
Growth Rate | CAGR of 7.8% |
Historical Year | 2018 to 2022 (Data from 2010 can be provided as per availability) |
Base Year | 2023 |
Forecast Year | 2031 |
Number of Pages | 120 Pages |
Customization Available | Yes, the report can be customized as per your need. |
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