THE POOL CARE INDUSTRY
Is a Booming Industry
Our parent company, Explore Industries, has been manufacturing pools for over 20 years, so we have seen first-hand the growth in the residential pool installation market. There are over 10 million pools in the United States and each year the number of new, inground, pool installations is in the tens of thousands.
In-Ground Pool Installations
With this growth comes demand from pool owners for pool service, pool chemicals, and pool equipment, parts and accessories. This residential pool aftermarket – goods and services sold to existing pool owners – was nearly $5.6 billion in 2019, which is up almost 4% from the previous year. [1]
[1] The Pool and Hot Tub Association Market Report 2019
Demand for Quality Service
Of this, 20% or $1.12 billion was demand for pool service – making pool service alone literally a Billion Dollar Industry. The primary focus of the Ultra Pool Care Squad franchisee is pool service.
With focus on weekly services,
our additional revenue streams offer even more profit avenues!
Chemical sales to weekly pool care customers and equipment repair and installation to both weekly service customers and DIYers round out how the Ultra Pool Care Squad captures a share of this billion dollar market.
Years of Trending Growth
Over the past 10 years, the pool service sector has experienced an average of over 4% growth through 2019. There is no reason to believe this trend will change over the next 10 years.
Continued Growth Forecast
An industry report written by research company IBISWorld forecasts the pool care sector to continue to grow at over 2% per year for next five years.
By 2024, over $6 billion dollars will be in play in the residential pool aftermarket. The Ultra Pool Care squad is uniquely poised to capture a large share of this demand through offering weekly Pool Cleaning, Chemical Sales, and Equipment Installation and Repair.
Contact our franchise development department to learn more today!
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