According to Stratistics MRC, the Global Hot Tub Chemicals for Residential Application Market is accounted for $897.65 million in 2020 and is expected to reach $1,711.36 million by 2028 growing at a CAGR of 8.4% during the forecast period. Some of the key factors propelling the market growth include increasing attention in sports and water leisure deeds, surging health awareness amongst the consumers with evolving lifestyles, and rising residential building activities. However, high cost related with hot tubs may restrain the market growth.
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On the basis of geography, North America region is likely to have lucrative growth during the forecast period, owing to increasing spending capacity and better living standards of consumers, rising popularity of hot tubs among fitness-conscious people, and rapidly growing residential construction across the region.
Some of the key players in Hot Tub Chemicals for Residential Application Market include Online Pool Chemicals, Splash Perfect, Canadian Spa Company, Leisurechem, Clever Company, and Phoenix Products Co.
Products Covered:
• Oxidizers
• Balancers
• Sanitizers
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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