A trampoline is known as a device which usually consists of strong fabric that is stretched over a steel frame by making use of coiled springs and a piece of taut. Mostly, people bounce on the trampolines for competitive as well as recreational purposes. Also, the fabric that the users bounce on is not found to be elastic and the elasticity is generally provided by the springs which are connected to the frame and store potential energy. There are normally two types of trampoline namely competitive and recreational. The frame of the trampoline that are utilized for competitive purposes is made up of steel and has a folding mechanism so that it can be carried from one place to another. Such trampoline beds are consisting of strong fabric, and the elasticity is provided by springs.
Global Trampoline Market: Key Players
The research study includes profiles of leading companies operating in the global trampoline market. Key players profiled in the report include: Jumpsport, Inc., Skywalker Trampolines Inc., Pure Fun, Vuly Play Pty Ltd, Stamina Sizes Inc., Springfree Trampoline Inc and Others.
Drivers for the Global Trampoline Market:
According to current market condition, growing awareness among individuals about different health benefits associated with trampoline activity such as increase energy level, improve lung capacity, improve muscle tone, enhance lymphatic system function, strengthen heart, and others. This is primary factor expected to boost growth of the global market over the forecast period. In addition, increasing adoption of recreational trampoline in many places including school gyms, playgrounds, adult health clubs, homes, and others and growing preference for competitive trampoline among athletes for trampolining Olympic sport. These are major factor projected to fuel growth of the target market during the forecast period. Increased cases of obesity and diabetes anticipates other factors to shifting people’s focus towards fitness. Thus, increasing fitness market is one of the major drivers for trampoline market.
Opportunities for the Global Trampoline Market:
High focus on product promotional strategies and increasing use of high-quality raw materials for the manufacturing of innovative trampoline by trampoline manufacturers are some factors expected to proliferate growth of the target market in the next 10 years. Additionally, rise in GDP, growth in research activities, and increase in investment in furniture industry are estimated to accelerate the market in Asia Pacific in the near future. Low cost and easy availability of raw materials are projected to further promote the market growth in the Asia pacific region over the forecast period. Moreover, the modern lifestyle of the population in the North American region looking to invest in leisure activities is the primary factor which boost the growth of trampoline market. All these factors can create lucrative opportunities for trampoline market in near future.
Restrains for the Global Trampoline Market:
Mostly, the lack of infrastructure in the underdeveloped economies is currently restraining the growth of trampoline market. Also, the investments required in the construction of its set-up are very high. In such scenario, most of the underdeveloped and developing economies in the world would prefer to invest in developing the basic infrastructure for residents rather than investing in installing trampoline. This further constraint the growth of the overall trampoline market. Additionally, rising popularity of alternate sports & leisure activities among end-users are further expected to adversely impact the growth of trampoline market during the forecast period as they are relatively cost effective.
Region Wise, Global Trampoline Market Analysis:
Region wise, global trampoline market can be segmented into North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Among all, Asia Pacific leads the global trampoline market share due to increasing interest of parents for game zone in the developing countries present in the region. Asia Pacific is followed by the North America and Europe.
Global Trampoline Market: Product analysis
- Above Ground level
Global Trampoline Market: Application analysis
- Domestic Use
- Trampoline Park Use
Global Trampoline Market: Region analysis
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of L.A.
- Middle East and Africa
- South Africa
- Rest of Middle East
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