Throughout 2020 and continuing this year, the pool industry has experienced unprecedented high demand for pools and pool equipment. According to the Pkdata U.S. Residential Swimming Pool Market Report YE2020, new inground residential pool construction rose 23% in 2020! Increased demand can be attributed to a variety of factors including builders ending 2020 with a backlog of new pool projects and leads, favorable housing dynamics and a strong construction market.
While the industry is experiencing extraordinary growth, like other industries, we have faced multiple supply demands directly and indirectly because of the global pandemic. As a leader in the pool space since 1966, Pentair is excited by the growth of our industry but also recognizes the challenges the industry is experiencing. Pentair will be joining us to discuss the growth of the pool market and how the pandemic is impacting the industry. With more than five decades of experience, Pentair knows these are unparalleled times not just for the pool industry, but for the whole world. These circumstances provide the opportunity to think creatively, lean on our strong relationships and come together to get the job done for our customers and each other
While the industry is experiencing extraordinary growth, like other industries, we have faced multiple supply demands directly and indirectly because of the global pandemic. As a leader in the pool space since 1966, Pentair is excited by the growth of our industry but also recognizes the challenges the industry is experiencing. Pentair will be joining us to discuss the growth of the pool market and how the pandemic is impacting the industry. With more than five decades of experience, Pentair knows these are unparalleled times not just for the pool industry, but for the whole world. These circumstances provide the opportunity to think creatively, lean on our strong relationships and come together to get the job done for our customers and each other
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