Of course, kitchens and bathrooms traditionally take the lion’s share of renovations. But not all the repairs and renovations are indoors as Aussies look to invest their dollars in revitalising their outdoor areas, with the pool a popular addition.
All great news for maintenance and home services – think Amber Tiles, Refresh Renovations, Deckseal and Megasealed – and the pool installation and care sector.
The latest IBISWorld report Swimming Pool and Spa Equipment Stores in Australia , February 2021, says there are 1035 businesses operating in this sector in Australia.
It’s a disparate sector however, with no one brand having more than 5 per cent market share.
Leading the way with 5 per cent share each: Clark Rubber, Poolwerx and Swimart’s parent company Waterco – which is celebrating its 40th anniversary this year.
The report echoes the expectation that funds will be shifted from travel to pools.
“International travel restrictions and state border closures are anticipated to fuel rising demand for industry goods, as consumers invest in installing a pool rather than taking a holiday,” writes report author Claudia Burgio-Ficca."