Hot Tub Enhancement Innovation #12194

Project Details
Project Name :

Hot Tub Enhancement Innovation #12194

Project Category :

Uriel Corporation® (DBA: "Epic Ventures™") Projects

Description :

Market Analysis and Insights of Hot Tub Market

The hot tub market is expected to be growing at a growth rate of 4.1% with USD 2,584.21 million in 2029.

SOURCE: https://www.databridgemarketresearch.com/reports/global-hot-tub-market

Where is the Hot Tub Market Now?

Currently, APSP industry statistics estimate that, of the 125 million US households, there are roughly 5.8 million hot tubs owned. Based on these figures, about 4.6% of US households and 1.8% of people have a hot tub at home.

SOURCE: https://powerpersquarefoot.com/future-hot-tub-market/


Total Value & Market Analysis and Insights: Global Hot Tub Market:

The global Hot Tub market size is projected to reach US$ 2213.1 million by 2026, from US$ 1875.2 million in 2020, at a CAGR of 2.8% during 2021-2026.

Source: www.industryresearch.co.

Currently, APSP industry statistics estimate that, of the 125 million US households, there are roughly 5.8 million hot tubs owned. Based on these figures, about 4.6% of US households and 1.8% of people have a hot tub at home.

Source: www.powerpersquarefoot.com.

Project Note:

National & International Numbers of hot tub owners add millions of additional customers to our universe of niche customers that can add our Hot Tub Enhancement to their hot tubs.

Requirements For National, Regional, or Global Commercialization:

1) Global Intellectual Property Cooperative Development Agreements. (To Be Discussed.)

2) Patent Litigation & Defense Fund/Insurance Cooperative Agreements. (To Be Discussed.)

3) Engineering, Development & Prototyping Cooperative Agreements. Estimated time required = 6 months to a year. (To Be Discussed.)

4) Key Executive & Project Commercialization Team Agreements, Employee Agreements, Recruiting Firm Agreements, Third-Party Operations Management Agreements, Installation & Service Technician Agreements, Warranty Services Agreements, and other Third-Party Consulting Agreements. (To Be Discussed.)

5) Production Manufacturing & Tooling Agreements. (To Be Discussed.)

6) Internal and External Marketing & Sales Agreements. (To Be Discussed.)

7) Website Development & Management Agreements; Social Media Development & Management Agreements; Online Advertising & Public Relations Agreements; E-commerce & E-Store Development & Management Agreements. (To Be Discussed.)

8) Distribution, E-Store, Manufacturing Rep, and Channel Partners Alliance Partner Agreements. (To Be Discussed.)

9) Equity Crowd Funding Platform Agreements; Fund-Raising Agreements; Loan, Credit Line, or other Financing Agreements; Business Broker Agreements, Merger & Acquisition Advisory Agreements, and or other related Agreements. (To Be Discussed.)

*NOTICE: Further Agreements or Other Agreements may be required for National, Regional, or Global Commercialization that may pertain to the project above. The Agreements shown above are only general requirements. Please further note that Uriel Corporation® (DBA: Epic Ventures™) reserves the right to cancel, abandon or withdraw, edit, amend, or replace this project for another project at its sole discretion. Uriel Corporation® (DBA: Epic Ventures™) reserves the right to remove this project from its activities, from its commercialization interests and from its pursuits. Please note that a listing on this site does not guarantee that this project will be commercially available, nor does a listing on this website guarantee that Uriel Corporation® (DBA: Epic Ventures™) will pursue any actual or potential collaborations with third parties. A project listing on this site does not guarantee that third parties will be able to participate in the commercial pursuit of this project or related ventures. Collaborations that might result from this listing are not guaranteed to succeed. Collaborators that wish to work with Uriel Corporation® (DBA: Epic Ventures™) on this project do so entirely at their own risk. Collaborators are urged to perform their own proper due diligence and they are urged to seek their own counsel to determine whether they should participate in this commercialization venture. All information, documents, designs, plans or other materials that may be obtained or communicated from Uriel Corporation® (DBA: Epic Ventures™) that may pertain to this project are the property of Uriel Corporation® (DBA: Epic Ventures™) and may be used by the recipient only for the purposes specifically intended by Uriel Corporation® (DBA: Epic Ventures™). The information that may be transmitted, including any emails, attachments, phone communications, faxes, snail mail, virtual meetings, physical meetings, or communications otherwise, is intended only for the person or entity to which it is addressed and may contain confidential and/or privileged material. Any review, re-transmission, dissemination, or other use of, or taking of any action in reliance upon, this information by persons or entities other than the intended recipient is prohibited, and all liability arising therefrom is disclaimed. All collaborators shall agree to enter into NDAs/Non-Compete Agreements that will be required before any collaborations related to this project are further formalized in writing.