KEY POOLCARE TRENDS

Covid-related travel restrictions have fuelled demand for industry products

Challenging trading conditions and increasing competition have reduced industry profitability

Competition from external players has placed downward pressure on product prices

Revenue is projected to benefit from mandatory water-saving devices and practices

Stronger price-based competition among operators is likely to erode profis

Consumer sentiment and income growth is likely to support demand for industry products

The Covid-19 pandemic has led consumers to reallocate surplus funds to home improvement projects

Source: Swimming Pool and Spa Equipment Stores in Australia, November 2021, IBISWorld.