Global Trampolines Market Report 2022: Market to Reach $4.1 Billion by 2027 - Rise in Number of Trampoline Parks to Boost Sales - ResearchAndMarkets.com
The global market for Trampolines estimated at US$2.9 Billion in the year 2020, is projected to reach a revised size of US$4.1 Billion by 2027, growing at a CAGR of 4.9% over the analysis period 2020-2027.
The "Trampolines - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Global Trampolines Market to Reach US$4.1 Billion by the Year 2027
The global market for Trampolines estimated at US$2.9 Billion in the year 2020, is projected to reach a revised size of US$4.1 Billion by 2027, growing at a CAGR of 4.9% over the analysis period 2020-2027.
Round Trampolines, one of the segments analyzed in the report, is projected to grow at a 5.5% CAGR to reach US$1.7 Billion by the end of the analysis period.
After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Rectangular & Square Trampolines segment is readjusted to a revised 4.9% CAGR for the next 7-year period. This segment currently accounts for a 31.7% share of the global Trampolines market.
The U.S. Accounts for Over 39.6% of Global Market Size in 2020, While China is Forecast to Grow at a 6.7% CAGR for the Period of 2020-2027
The Trampolines market in the U.S. is estimated at US$1.2 Billion in the year 2020. The country currently accounts for a 39.58% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$521 Million in the year 2027 trailing a CAGR of 6.7% through 2027.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.7% and 4.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.3% CAGR while Rest of European market (as defined in the study) will reach US$521 Million by the year 2027.
Other Product Types Segment Corners a 28.1% Share in 2020
In the global Other Product Types segment, USA, Canada, Japan, China and Europe will drive the 3.7% CAGR estimated for this segment.
These regional markets accounting for a combined market size of US$709.7 Million in the year 2020 will reach a projected size of US$914.9 Million by the close of the analysis period.
China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$293 Million by the year 2027, while Latin America will expand at a 4.6% CAGR through the analysis period.
What's New for 2022?
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to the publisher's digital archives and Research Platform
- Complimentary updates for one year
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Amusement Parks Experience A Roller-Coaster Ride
- COVID-19 Pandemic Makes Trampoline Parks Bear Brunt of Financial Losses
- Trampoline Emerges as Hot Family Recreational Item as COVID-19 Wipes Out Outdoor Activity
- Mini-Trampolines Gain Demand for Home-Based Workouts as Gyms Remain Closed
- COVID-19 Impact on Chinese Manufacturers Leads to Supply Glitches
- Competitive Market Presence - Strong/Active/Niche/Trivial for 77 Players Worldwide in 2022 (E)
- Global Market Prospects & Outlook
- Trampolines: An Introduction
- History
- Types of Trampolines
- Recent Market Activity
- Select Global Brands
2. FOCUS ON SELECT PLAYERS (Total 135 Featured)
- Jumpflex USA Limited
- Jumpking International LLP
- JumpSport, Inc.
- Multiplay International Ltd.
- Plum Products Ltd.
- Pure Fun
- Skywalker Holdings, LLC
- Sportspower Ltd.
- UpperBounce
- Vuly Trampolines Pty Ltd.
3. MARKET TRENDS & DRIVERS
- Rise in Number of Trampoline Parks to Boost Sales
- Major Trends
- Trampoline Parks Diversify to Remain Relevant
- New Technological Innovations Make Trampolines Smarter
- Rise in Concerns Over Overweight and Obesity Boost Uptake of Trampolines as a Fitness Equipment
- Women: An Expanding Demographic Segment for Trampolines
- Health Benefits of Rebounding for Exercise in Postmenopausal Women Bolsters Demand for Mini Trampolines
- Rising Popularity of Trampoline Workouts Among Men Drives Up Demand
- Key Trends in the Children Trampoline Market
- Manufacturers Roll Out Trampolines with Interactive and Educational Features
- Trampoline Parks Witnesses Rise in Average Age of Jumpers
- Introduction of Trampolines without Weight Limit
- Increased Emphasis on Health & Fitness Amid COVID-19 Drives Interest in Trampolining at Home
- Closure of Gyms and Outdoor Facilities and Fitness Routine Changes of People as A Result of COVID-19 Drives Uptake
- Rise in Number of Sports Enthusiasts and Growing Participation in Sports & Fitness Activities Fuels Demand for Licensed Products
- Trampoline Injuries Drive the Need for Development of Safer Equipment
- In-Ground Trampolines Get Popular
- NASA Trains Astronauts with Trampolines
- Trampolining Event in Olympics
- Online Distribution Channel for Trampoline on Rise
- Online Ticket Booking on Rise for Trampoline Parks
- Rising Disposable Incomes: A Major Driving Factor
- Trampoline Prices Spike Amidst Rising Shipping Costs: A Major Challenge
4. GLOBAL MARKET PERSPECTIVE
III. REGIONAL MARKET ANALYSIS
IV. COMPETITION
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