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Apr 05, 2023 (The Expresswire) --Market Overview:
The built-in hot tub is a unit that can be completely or partially set into the ground or placed on its surface. It must be connected to the water and electrical systems of the house or building. Once installed, it can hardly be moved.The global Built-in Hot-Tubs market was valued at USD 1681.7 million in 2022 and is anticipated to reach USD 2124.5 million by 2029, witnessing a CAGR of 3.4% during the forecast period 2023-2029. The influence of COVID-19 and the Netherlands-Ukraine War were considered while estimating market sizes.Global Built-in Hot-Tubs key players include Jacuzzi, Masco, Aquavia, etc. Global top three manufacturers hold a share over 25%.North America is the largest market, with a share about 50%, followed by China, and Europe, both have a share over 25 percent. In terms of product, Small Hot Tub is the largest segment, with a share over 50%. And in terms of application, the largest application is Residential Applications, followed by Commercial Applications, etc.
This Built-in Hot-Tubs MarketResearch Report provides a complete analysis and insights into the market's size, shares, revenues, various segments, drivers, trends, growth, and development, as well as its limiting factors and regional industrial presence. The goal of the market research is to obtain a complete understanding of the Consumer Goods industry and its business potential. The Built-in Hot-Tubs Market Report is 114 pages long and includes a detailed table of contents, 160 a list of numbers, tables, and charts, and in-depth analysis.
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Competitive Landscape:
The Key Manufacturers in the Built-in Hot-Tubs Market are as follows:
● Jacuzzi
● Masco
● Aquavia
● Cal Spas
● Jaquar
● Dimension One Spas
● Sundance Spas
● Bullfrog Spas
● Novellini
● Mexda
● Saratoga
● Mona Lisa
● Guangzhou JandJ
● Hoesch Design
● Teuco
● Wisemaker
● Newtaihe
● Blue Falls
● Peips
● ThermoSpas
● Glass 1989
● Gruppo Treesse
● Spa Crest
● Diamond Spas
● VitrA
and More..
To develop brand identity in the market, these key companies use a variety of techniques such as product launch, merger and acquisition, acquisition, joint venture, and partnership.
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Market Segmentation:
Product Type:
● Small Hot Tub
● Medium Hot Tub
● Large Hot Tub
Application:
● Residential
● Commercial
Regional Insights:
The countries section of the research includes selected market variables that drive current and future market developments. Consumption, import/export analysis, material prices, and upstream and downstream value chain analysis are some indicators utilized to estimate each country's market position.
Regionally,
● North America (US, Canada, Mexico)
● Europe (UK, France, Germany, Spain, Italy, Central and Eastern Europe, CIS)
● Asia Pacific (China, Japan, South Korea, ASEAN, India, Rest of Asia Pacific)
● Latin America (Brazil, Rest of LA)
● Middle East and Africa (Turkey, GCC, Rest of Middle East)
This section of the research provides essential insights into different geographies and, as a result, the major corporations functioning in each region.
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The epidemic is still causing tremendous disruption in industries throughout the world. We've been tracking the direct and indirect consequences of the COVID-19 outbreak on the Built-in Hot-Tubs market. To Know How Covid-19 Pandemic will Impact this Industry -https://www.precisionreports.co/enquiry/request-covid19/23310300
Table of Contents:
With tables and figures to help analyze the global Built-in Hot-Tubs market trends, this study provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
1 Built-in Hot-Tubs Market Overview
1.1 Product Scope
1.2 Segment by Type
1.3 Segment by Application
1.4 Market Estimates and Forecasts (2018-2029)
1.4.1 Global Market Size in Value Growth Rate (2018-2029)
1.4.2 Global Market Size in Volume Growth Rate (2018-2029)
1.4.3 Global Price Trends (2018-2029)
2 Built-in Hot-Tubs Estimates and Forecasts by Region
2.1 Global Market Size by Region: 2018 VS 2022 VS 2029
2.2 Global Retrospective Market Scenario by Region (2018-2023)
2.2.1 Global Sales Market Share by Region (2018-2023)
2.2.2 Global Revenue Market Share by Region (2018-2023)
2.3 Global Market Estimates and Forecasts by Region (2024-2029)
2.3.1 Global Sales Estimates and Forecasts by Region (2024-2029)
2.3.2 Global Revenue Forecast by Region (2024-2029)
2.4 Geographic Market Analysis: Market Facts and Figures
2.4.1 United States Estimates and Projections (2018-2029)
2.4.2 Europe Estimates and Projections (2018-2029)
2.4.3 China Estimates and Projections (2018-2029)
2.4.4 Japan Estimates and Projections (2018-2029)
2.4.5 Southeast Asia Estimates and Projections (2018-2029)
2.4.6 India Estimates and Projections (2018-2029)
3 Global Built-in Hot-Tubs Competition Landscape by Players
3.1 Global Top Players by Sales (2018-2023)
3.2 Global Top Players by Revenue (2018-2023)
3.3 Global Market Share by Company Type (Tier 1, Tier 2 and Tier 3) and (based on the Revenue)
3.4 Global Average Price by Company (2018-2023)
3.5 Manufacturing Sites, Area Served, Product Type
3.6 Mergers and Acquisitions, Expansion Plans
4 Global Built-in Hot-Tubs Market Size by Type
4.1 Global Historic Market Review by Type (2018-2023)
4.2 Global Market Estimates and Forecasts by Type (2024-2029)
5 Global Market Size by Application
5.1 Global Historic Market Review by Application (2018-2023)
5.2 Global Market Estimates and Forecasts by Application (2024-2029)
6 United States Market Facts and Figures
6.1 United States Sales by Company
6.2 United States Sales Breakdown by Type
6.3 United States Sales Breakdown by Application
7 Europe Market Facts and Figures
7.1 Europe Sales by Company
7.2 Europe Sales Breakdown by Type
7.3 Europe Sales Breakdown by Application
8 China Market Facts and Figures
8.1 China Sales by Company
8.2 China Sales Breakdown by Type
8.3 China Sales Breakdown by Application
9 Japan Market Facts and Figures
10 Southeast Asia Market Facts and Figures
11 India Market Facts and Figures
12 Company Profiles and Key Figures in Built-in Hot-Tubs Business
13 Built-in Hot-Tubs Manufacturing Cost Analysis
13.1 Key Raw Materials Analysis
13.1.1 Key Raw Materials
13.1.2 Key Raw Materials Price Trend
13.1.3 Key Suppliers of Raw Materials
13.2 Proportion of Manufacturing Cost Structure
13.3 Manufacturing Process Analysis
13.4 Industrial Chain Analysis
14 Marketing Channel, Distributors and Customers
14.1 Marketing Channel
14.2 Distributors List
14.3 Customers
15 Market Dynamics
15.1 Industry Trends
15.2 Market Drivers
15.3 Market Challenges
15.4 Market Restraints
16 Research Findings and Conclusion
17 Appendix
17.1 Research Methodology
17.1.1 Methodology/Research Approach
17.1.2 Data Source
17.2 Author List
17.3 Disclaimer
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Key Benefits for Stakeholders:
● The report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Built-in Hot-Tubs market.
● The research study provides the latest information on the market drivers, challenges, and opportunities.
● The research identifies the leading and fastest growing regional industries. It further enables stakeholders to identify the key country-level markets within each region.
● Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Built-in Hot-Tubs industry and its attractiveness.
● Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.
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Drivers, Restrains and Research Methodology:
The research report provides an analysis of the various factors driving the market's growth. The factors that impede market growth are fundamental because they create different curves to seize opportunities in emerging markets. Data collection and analysis for the base year were carried out using a large sample data collection module. The main research methodologies are data mining, data triangulation, including analysis of the impact of variable data on the market, and initial validation (industry experts). Separately, the data model includes a supplier positioning grid, market timeline analysis, market overview and leadership, company positioning grid, company market share analysis, metrics, top-down analysis, and supplier engagement analysis. For further information on this report, please Request a Sample Copy of "Global Built-in Hot-Tubs Market Research Report 2023" Here.
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Press Release Distributed by The Express Wire
To view the original version on The Express Wire visit Emerging Built-in Hot-Tubs Market Analysis by Region and Built-in Hot-Tubs Market Size 2023-2030
COMTEX_428433284/2598/2023-04-05T10:17:48
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FAQs
How big is the hot tub industry? ›
The market size, measured by revenue, of the Hot Tub Manufacturing industry is $1.1bn in 2023. What is the growth rate of the Hot Tub Manufacturing industry in the US in 2023?
Are hot tubs a good investment? ›The value of well-made, high-quality hot tubs is immeasurable. They offer a wide range of benefits and save the time and effort needed for maintenance. They can also last for decades, which makes the costs well worth it. If you want a solid investment, invest in a quality tub.
Why are hot tub prices going up? ›Material and labor costs have changed dramatically — many times and often without warning, he says, and that's primarily what's driving prices up. Ricks says Bullfrog Spas has raised its wholesale prices a handful of times over the past few years and applied the new price to orders in the queue.
How many hot tubs are in the US? ›There are an estimated 5.8 million hot tubs in the USA.