MARKET UPDATE
30% Increase in Sales of Above Ground Pools HIGHER SALES AND SIGNIFICANT INCREASE IN INSTALLBASE “A lot of people believe that a swimming pool is the best way for a safe family recreation activity that will be long lasting” (Source: PoolCorp Q2 2020 Earnings) 8-10% Increase in Install Base in 2020 vs <1% in 2019 HIGHER FREQUENCY OF POOL USE = MORE FREQUENT TESTING Wi t h Covid-19 lockdowns, people are using their pools more and owners who typical ly delay pool openings unt i l warmer weather arrives wanted to use their pools sooner rather than later in 2020.
• Wi t h many pool owners, thei r fami ly members, and kids staying at home, we expect higher usage of pools on daily basis , wh i ch wou l d necessitate more f requent test ing to ensure that the water qual i ty isopt imal .
4 Month Pool Season Is Expanding to 6-7 Months
PREVENTION OF INFECTIOUS DISEASES REMEMBER: CLEAR WATER DOES NOT MEAN CLEANWATER • The Wor ld Heal th Organizat ion states that cont rol l ing water qual i ty is necessary to prevent the transmission of infectious diseases . • The proper operat ion of aquat ic venues and disinfect ion of the water (wi th chlor ine or bromine) should inactivate the Covid-19 virus. ( Source: Center for Disease Control website ) WE ANTICIPATE THE STRONG DEMAND FOR POOL SUPPLIES , ACCESSORIES, AND TESTING SOLUTIONS TO CONTINUE WELL INTO 2021.
5
Made with FlippingBook Publishing Software