(MENAFN- GlobeNewsWire - Nasdaq) Cold plunge pools increasingly sought after as luxurious additions to high-end residential properties and upscale hospitality establishments.
Wilmington, Delaware, United States, Transparency market Research Inc. -, Oct. 04, 2024 (GLOBE NEWSWIRE) -- The global cold plunge pool market (콜드 플런지 풀 시장) is estimated to surge at a CAGR of 3.9% from 2024 to 2034. Transparency Market Research projects that the overall sales revenue for cold plunge pool is estimated to reach US$ 648.2 million by the end of 2034. In densely populated urban areas, where space is limited, compact cold plunge pools designed for small living spaces or multifunctional use gain traction. These smaller-scale pools cater to urban dwellers seeking convenient wellness solutions.
Rising temperatures due to climate change increase the demand for cold plunge pools as people seek ways to cool off and combat heat stress. This trend is particularly evident in regions experiencing more frequent and intense heat waves. The growing popularity of medical tourism and rehabilitation centers drives demand for cold plunge pools, especially in destinations offering wellness-focused treatments and recovery programs.
Employers increasingly incorporate wellness initiatives into corporate culture to enhance employee health and productivity. Cold plunge pools become integral components of corporate wellness programs, offering employees convenient access to post-workout recovery and stress relief. Wellness tourism continues to rise, with travelers seeking rejuvenating experiences at destination spas and wellness resorts. Cold plunge pools feature prominently in these offerings, providing guests with holistic wellness experiences amidst natural surroundings.
For More Details, Request for a Sample of this Research Report:
Key Findings of the Market Report
Medium-sized cold plunge pools (6-8 users) lead the market, offering a balance between space efficiency and accommodating capacity for users seeking home or commercial installations. Outdoor segment leads the cold plunge pool market, driven by the popularity of backyard installations and wellness retreats emphasizing outdoor relaxation. Fitness centers and beauty spas lead the cold plunge pool market, driven by increasing demand for post-workout recovery and wellness treatments.
Cold Plunge Pool Market Growth Drivers & Trends
Growing emphasis on holistic wellness drives demand for cold plunge pools, particularly in fitness centers, spas, and residential settings. Increasing adoption of cold plunge pools by athletes for post-workout recovery boosts market growth. Rising awareness of the therapeutic benefits of cold water immersion drives consumer interest in cold plunge pools. Demand for customizable features and designs in cold plunge pools caters to diverse consumer preferences and enhances market growth. Integration of advanced features like temperature control, filtration systems, and smart functionalities enhances the appeal and market competitiveness of cold plunge pools.
Global Cold Plunge Pool Market: Regional Profile
North America leads the market, particularly in the United States, driven by a strong emphasis on fitness, wellness, and recovery. With a robust culture of health-consciousness, North American consumers increasingly seek cold plunge pools for post-exercise recovery and overall well-being. Key players like Arctic Spas and Endless Pools dominate this region, offering premium products tailored to the demands of health-conscious consumers. In Europe , countries like Germany and the United Kingdom lead the cold plunge pool market, fueled by a growing awareness of hydrotherapy benefits and spa culture. European consumers prioritize wellness and relaxation, driving demand for high-quality cold plunge pools in both residential and commercial settings. Companies like Jacuzzi and BWT Water + More GmbH cater to this demand with innovative designs and advanced features. The Asia Pacific region showcases rapid market growth, driven by increasing disposable incomes, urbanization, and a growing focus on health and wellness. Countries like Australia, Japan, and China witness surging demand for cold plunge pools, fueled by a burgeoning fitness industry and a rising awareness of holistic well-being. Local players and international brands alike, such as Morozko Forge and Custom Cold Plunge Pools, capitalize on this trend, contributing to the region's vibrant cold plunge pool market.
Cold Plunge Pool Market: Competitive Landscape
The cold plunge pool market presents a competitive landscape characterized by innovative designs, technological advancements, and strategic partnerships. Key players like Arctic Spas, Jacuzzi, and Endless Pools dominate, offering a range of options tailored to various customer needs. Emerging companies such as Morozko Forge and Custom Cold Plunge Pools challenge incumbents with unique features and customizable solutions.
Collaborations between manufacturers and wellness experts drive market expansion by integrating therapeutic benefits and enhancing user experiences. This competitive environment fosters continuous innovation and drives the cold plunge pool market towards broader adoption and sustained growth. Some prominent players are as follows:
CET Ltd. ColdTub Diamond Spas, Inc. Fluidra SA HydroWorx International, Inc. iCool Sport Myrtha Pools RivieraPool Fertigschwimmbad GmbH SwimEx Ltd KLAFS GmbH & Co KG
Product Portfolio
ColdTub offers premium cold therapy tubs designed for athletes, fitness enthusiasts, and medical professionals. With innovative features and superior craftsmanship, ColdTub delivers therapeutic benefits for recovery, rehabilitation, and performance enhancement. Diamond Spas Inc. specializes in luxury custom spas, swim spas, and hot tubs crafted from stainless steel or copper. Renowned for their exquisite design, durability, and personalized customization options, Diamond Spas elevate outdoor living spaces to new levels of sophistication and relaxation.
For Complete Report Details, Request Sample Copy from Here –
Cold Plunge Pool Market: Key Segments
By Size
Small (1-6 users) Medium (6-8 users) Large (8-10 users) XL (10-12 users)
By Category
By End Use
Hospitals Specialty Physical Therapy Clinics Home Care Settings Fitness Centers and Beauty Spas Others (Senior Living, etc.)
By Application
Rehabilitation Fitness/Conditioning
Rehabilitation Fitness/Conditioning
Rehabilitation Fitness/Conditioning
Rehabilitation Fitness/Conditioning
Rehabilitation Fitness/Conditioning
Rehabilitation Fitness/Conditioning
Rehabilitation Fitness/Conditioning
Rehabilitation Fitness/Conditioning
Rehabilitation Fitness/Conditioning
Rehabilitation Fitness/Conditioning
By Region
North America Europe Asia Pacific Middle East & Africa South America
More Trending Reports by Transparency Market Research –
Swimming Pool Equipment Market (سوق معدات حمامات السباحة) - The global swimming pool equipment market is projected to advance at a CAGR of 4.9% from 2023 to 2031
Robotic Pool Cleaner Market ( ロボットプールクリーナー市場 ) - The global robotic pool cleaner market is projected to expand at a CAGR of 8.2% during the forecast period from 2022 to 2031
About Transparency Market Research
Transparency Market Research , a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Contact :
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA – Canada Toll Free : 866-552-3453
Website:
Email: ...
Follow Us: LinkedIn | Twitter | Blog | YouTube
MENAFN04102024004107003653ID1108746573
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.