Global Trampoline Park Equipment Market – Introduction
- Trampoline park equipment are majorly used by children and teenagers while undertaking physical activities. Nowadays, kids are less active, with decreasing levels of fitness seen over the past few years, probably due to increasing time spent in front of smartphones, televisions, and intake of high calorie fat diets. Trampoline parks provide a platform to youngsters to maintain their fitness levels. Rise in trend of indoor trampoline parks in tier one and tier two cities in developing countries across the globe is expected to increase the demand for trampoline park equipment in the coming years.
Rising awareness among individuals about the significance of physical activities in children and youngsters anticipated to drive the trampoline park equipment market
- Rapid increase in awareness among individuals especially parents about the importance of physical activities in children and youngsters is projected to drive the trampoline park equipment market in the near future. Rising count of trampoline parks in emerging economies such as China, India, Japan, and various other parts of the globe are projected to create new opportunities for trampoline park equipment manufacturers. Various parts of the globe still have big untapped markets which need to be catered to by trampoline park equipment manufacturers.
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Increasing number of trampoline parks in emerging economies an opportunity for trampoline park equipment manufacturers
- Rapid increase in number of trampoline parks in emerging economies is projected to create significant opportunities for manufacturers and distributors of trampoline park equipment during the forecast period. Trampoline park equipment manufacturers are also offering attractive discounts and offers to drive the sale of trampoline park equipment. In Asia Pacific and Middle East & Africa, demand for trampoline park equipment is projected to increase at a significant rate in the near future.
North America and Europe Hold Major Share of the Trampoline Park Equipment Market Globally
- Geographically, the global trampoline park equipment market can be divided into five regions: North America (NA), Europe (EU), Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SA).
- North America and Europe hold major share of the trampoline park equipment market across the globe. The market in North America and Europe is anticipated to expand at a moderate rate during the forecasted timeline. Increasing awareness about the significance of physical activities in kids and teenagers in the U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, and other European countries is projected to drive the trampoline park equipment market in the near future.
- Furthermore, the market in Asia Pacific and Middle East & Africa is estimated to expand at a significant growth rate during the forecasted timeline. Rapid increase in number of trampoline parks in China, India, Japan, and other Southeast Asian countries is projected to surge the demand for trampoline park equipment in the Asia Pacific region.
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Key Players Operating in the Trampoline Park Equipment Market
Prominent manufacturing companies are likely to face healthy competition during the forecasted timeline. Companies such as Best American, Cheer Amusement, Dreamland Playground Co. Ltd., and Multiplay International Ltd. are focusing on innovation of new equipment, and bringing new technology equipped springless trampolines into the marketplace to meet the demand for trampoline park equipment in different parts of the world. Manufacturers are investing in research & development to discover new designs and smart trampoline park equipment. Companies are also spreading awareness and conducting awareness drives to expand the market of trampoline park equipment in emerging economies. A few of the key players operating in the global trampoline park equipment market are:
- Best American
- Cheer Amusement
- Dreamland Playground Co. Ltd.
- ELI Play
- Fun Spot Trampoline
- Multiplay International Ltd
- Sky Jumper
- Soft Play, LLC
- WORLD PLAY SOLUTIONS
Global Trampoline Park Equipment Market – Research Scope
Global Trampoline Park Equipment Market, by Type
- Ninja Warrior Courses
- Trapeze and Swings
- Zip Lines
- Parkour Blocks
- Free Climb
- Foam Zones
- Gymnastic Tumble Tracks
- Others (Ropes Courses, Air Bags etc.)
Global Trampoline Park Equipment Market, by Age Group
- Less than 5 Years
- 5 – 12 Years
- 12 Years & Above
Global Trampoline Park Equipment Market, by Application
Global Trampoline Park Equipment Market, by End-user
Global Trampoline Park Equipment Market, by Region
- North America
- Rest of North America
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- Middle East & Africa
- South Africa
- Rest of Middle East & Africa
- South America
- Rest of South America
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
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Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
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The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
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