Global Cold Plunge Pools Market Overview:
The cold plunge pool rapidly chills the water, which helps to numb human nerves that surround joints and muscles, causing hormones and endorphins to be released. Hormones and endorphins are released, which function as an analgesic, reducing inflammation and relieving muscle strain and joint pain. The majority of these pools are found in spas, saunas, or steam rooms. Most people with body aches are increasingly preferring cold plunge pools since they assist to quickly cool the body, stimulate blood circulation, shut pores, and detoxify the body. In the foreseeable future, this is anticipated to boost the demand for cold plunge pools. Obesity, diabetes, chronic diseases, orthopedic disorders, and accident injury have all increased as a result of increased workload and an unsuitable eating routine. Furthermore, the increasing number of elderly people around the world is driving up demand for spas and spa pools. In addition, the healthcare business is investing in the installation of cold plunge pools in their facilities. All of these factors will have an impact on the global market for cold plunge pools in the near future.
Growth Drivers
- Increase in Diseases Including Obesity, Diabetes, Chronic Diseases, Orthopedic Conditions, and Accident Injury
- Increased Awareness for Water Therapies
Roadblocks
- High Cost of Installation and Maintenance
Opportunities
- Increasing Number of Fitness Centers Specializing in Rehabilitation
- Increasing Number of Private Hospitals, Wellness Centers
Challenges
- Awareness about the Therapy is Low in Emerging Economies
Competitive Landscape:
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Some of the key players profiled in the report are A&T Europe Spa (Italy), FluidraS.A (Switzerland), Diamond Spas, Inc. (United States), HydroWorx (United States), KLAFS GmbH & Co. KG (Germany), RivieraPool (Germany), Soake Pools, LLC (United States), SwimEx (United States), ColdTub (United States) and MILESTONE LANDSCAPING LLC (UAE). Analyst at AMA Research see United States Vendors to retain maximum share of Global Cold Plunge Pools market by 2026.
Latest Market Insights:
January 2021 – Fluidra, a global leader in pool and wellness equipment, has completed the acquisition of all of the substantial assets of Built Right, a trusted Florida-based manufacturer of heat pumps. Built Right specializes in manufacturing and servicing high-performance heat pumps from its Punta Gorda, Florida, headquarters
What Can be Explored with the Cold Plunge Pools Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Cold Plunge Pools Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Cold Plunge Pools
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Cold Plunge Pools market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Cold Plunge Pools market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturers of Cold Plunge Pools, Service Providers, Healthcare Industry, Hospitality Industry and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.