Global Trampoline Park Equipment Market - WishTree Insight

Global Trampoline Park Equipment Market by Type (Mini Trampoline, Medium Trampoline, Large Trampoline), Application (Domestic, Trampoline Park, and Others), and Regions, The Asia Pacific, Middle East Africa, Europe, North America, and Latin America) - Global Industry Analysis, Share, Growth, Trends, Size, and Forecast 2021 – 2031

The Trampoline Park equipment market size was valued at USD 1.8 billion in 2021 and is expected to surpass USD 6.3 billion by 2031, expanding at a CAGR of 3.8 % during the forecast period, 2021–2031. The market's growth is attributed to the decreasing level of fitness.

INTRODUCTION

Trampoline Park equipment is used by children and teenagers to perform physical activities. The decreasing level of fitness and less activeness of kids in past years is expected to propel the market. The time spent by kids on televisions, smartphones, and the intake of a high-calorie fat diet has resulted in the development of this equipment.

These parks provide a platform for youngsters to maintain their fitness levels.

Market Trends, Drivers, Restraints, and Opportunities

• Rising awareness among individuals about the significance of physical activities in children and youngsters are expected to drive the market growth.
• The rising number of trampoline parks in emerging economies worldwide is projected to create new opportunities in the trampoline park equipment market.
• The attractive discounts and offers to drive the sale of trampoline park equipment are anticipated to spur the market.

Scope of the Report

Market Segment Insights

The medium segment is projected to register a considerable CAGR

Based on type, the Trampoline Park equipment market is divided into mini trampoline, medium trampoline, and large trampoline. The medium segment is expected to expand at a rapid pace during the forecast period. However, the large segment is anticipated to hold a key share of the market in the coming years.

The domestic segment is expected to expand at a rapid pace

Based on application, the trampoline park equipment market is divided into domestic, trampoline park, and others. The domestic segment is expected to expand at a rapid pace during the forecast period. However, the trampoline park segment is anticipated to hold a key share of the market in the coming years.

North America and Europe constitute a key market share

In terms of regions, the trampoline park equipment market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market of North America and Europe constitutes a key share of the market and is expected to continue during the projected period owing to increasing awareness of physical activities in kids and teenagers. However, the market of the Asia Pacific and Middle East Africa is anticipated to expand at a rapid pace during the forecast period. The growth in the region is attributed to the rapid increase in the number of trampoline parks.

Competitive Landscape

Key players competing in the Trampoline Park equipment market are Cheer Amusement (China); ELI Play (Europe); Sky Jumper (India); Vuly (Australia); Dreamland Playground Co. Ltd. (China); Fun Spot Trampoline (U.S.).

FAQs

How much is the market worth?

The Trampoline Park equipment market size was valued at USD 1.8 billion in 2021 and is expected to surpass USD 6.3 billion by 2031.

During the forecast period, what is the CAGR of the market?

During the forecast period, the CAGR of the market is expected to be 3.8%.

What are the key drivers of the market?

The market's growth is attributed to the decreasing level of fitness.

What segments are covered in the Trampoline Park Equipment report?

The segments covered in the report are type (mini trampoline, medium trampoline, large trampoline), application (domestic, trampoline park, and others).

Mention which region is expected to hold the highest share of the Trampoline Park equipment market.

The North American and Europe region is expected to hold the highest share of the Trampoline Park equipment market.

Mention the key players in the market.

Cheer Amusement (China); ELI Play (Europe); Sky Jumper (India); Vuly (Australia); Dreamland Playground Co. Ltd. (China); Fun Spot Trampoline (U.S.).