Global Hot Tub Market Research Report 2017 to 2021 provides a unique tool for evaluating the market, highlighting opportunities, and supporting strategic and tactical decision-making. This report recognizes that in this rapidly-evolving and competitive environment, up-to-date marketing information is essential to monitor performance and make critical decisions for growth and profitability. It provides information on trends and developments, and focuses on markets and materials, capacities and technologies, and on the changing structure of the Hot Tub Market.
Companies Mentioned are Bullfrog Spas, Canadian Spa Company, Jacuzzi, Artesian Spas, Atera AnyTemp, Blue Falls Manufacturing, Cal Spas, CalderaSpas, Coast Spas, Nordic Products, MARQUIS, and Premium Leisure.
The global Hot Tub market consists of different international, regional, and local vendors. The market competition is foreseen to grow higher with the rise in technological innovation and M&A activities in the future. Moreover, many local and regional vendors are offering specific application products for varied end-users. The new vendor entrants in the market are finding it hard to compete with the international vendors based on quality, reliability, and innovations in technology.
Major points covered in Global Hot Tub Market 2017 Research are:-
- What will the market size and the growth rate be in 2021?
- What are the key factors driving the global Hot Tub market?
- What are the key market trends impacting the growth of the global Hot Tub market?
- What are the challenges to market growth?
- Who are the key vendors in the global Hot Tub market?
- What are the market opportunities and threats faced by the vendors in the global Hot Tub market?
- Trending factors influencing the market shares of the Americas, APAC, and EMEA.
- What are the key outcomes of the five forces analysis of the global Hot Tub market?
This independent 82 page report guarantees you will remain better informed than your competition. With over 160 tables and figures examining the Hot Tub market, the report gives you a visual, one-stop breakdown of the leading products, submarkets and market leader’s market revenue forecasts as well as analysis to 2021.
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Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), and market share and growth rate of Hot Tub in these regions, from 2012 to 2021 (forecast), covering Americas, APAC and EMEA.
The report provides a basic overview of the Hot Tub industry including definitions, classifications, applications and industry chain structure. And development policies and plans are discussed as well as manufacturing processes and cost structures.
MIR Announces the Publication of its Research Report – Global Hot Tub Market 2017-2021
MIR recognizes the following companies as the key players in the global hot tub market: Bullfrog Spas, Canadian Spa Company, and Jacuzzi.
Other Prominent Vendors in the market are: Artesian Spas, Atera AnyTemp, Blue Falls Manufacturing, Cal Spas, CalderaSpas, Coast Spas, Nordic Products, MARQUIS, and Premium Leisure.
Commenting on the report, an analyst from MIR’s team said: “The latest trend gaining momentum in the market is Advent of multifunctional hot tubs. Some of the market players are designing hot tubs that will have a hot tub on one end and a training platform on the other end for workout purposes. These are available with more space for swim and workout as compared to normal rectangular hot tubs. Such innovations can help consumers can avail swimming facilities and also experience aerobic training or rowing. For example, MARQUIS designs aquatic training vessels (ATVs) that include both the facilities of hot tubs and aerobic training. The target consumers of these hot tubs include those that prefer buying multifunctional products”
According to the report, one of the major drivers for this market is Energy efficient features. Manufacturers are incorporating energy-efficient features to their hot tub models. Covers or lids with more insulation and built-in self-diagnostic topside controls to monitor and adjust temperature levels help to prevent heat loss and unnecessary use of the energy. Energy-efficient light emitting diode (LED) lights are fixed to these furnishings to amplify their aesthetics. This sets the mood for several parties, making them attractive for kids and illuminate water jets and drink holders by saving energy
further, the report states that one of the major factors hindering the growth of this market is High complications in logistics and supply chain operations. The transportation costs involved in the entire supply chain are very high. Besides, varying transportation costs of different regions also hinder operations of the vendors. Due to the lack of proper infrastructure and poor distribution networks and facilities, the key competitors face high logistics cost. This leads to delayed supplies. The processes involved in the back-end operations of supply chain management are complex in the global spa equipment market including hot tub market, especially in mass- and mid-range consumer market. These involve steps like acquiring raw materials, warehouse management, packaging, inventory management, transportation, and distribution of products to customers.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Then, the report focuses on global major leading industry players with information such as company profiles, product picture and specifications, sales, market share and contact information. What’s more, the Hot Tub industry development trends and marketing channels are analyzed.
The research includes historic data from 2012 to 2016 and forecasts until 2021 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs. The report will make detailed analysis mainly on above questions and in-depth research on the development environment, market size, development trend, operation situation and future development trend of Hot Tub on the basis of stating current situation of the industry in 2017 so as to make comprehensive organization and judgment on the competition situation and development trend of Hot Tub Market and assist manufacturers and investment organization to better grasp the development course of Hot Tub Market.
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