Authored By: Sarah
16 Sep 2024

Latest News: Trampoline Market is expected to grow by a CAGR of 5.12% during 2024-2028; Trends and Forecasts to 2018

The Trampoline Market is expected to grow at a CAGR of 5.12% to reach USD 978.4 million by 2028. The global trampoline market is experiencing significant growth due to the emergence of smart trampolines. Traditionally used as a recreational activity, trampoline vendors are now focusing on transforming these products into interactive and educational tools. One such innovation is Springfree, a smart trampoline developed by Springfree Trampoline. Equipped with four sensors on the mat, this trampoline connects to a tablet via Bluetooth. The sensors detect user movements, which in turn control games on the tablet through Springfree's tgoma solution. This fusion of technology and physical activity is expected to boost market growth and cater to the evolving consumer preferences.

North America dominates the regional market because of The trampoline market represents a significant business opportunity, with growing consumer interest in fitness and recreational activities. Market research indicates a steady expansion of this sector, driven by increasing disposable income and a rising awareness of health and wellness. Manufacturers and retailers are responding with innovative products and marketing strategies to capture this demand. The global trampoline market is projected to reach impressive growth figures in the coming years.

There are various factors that drive the Trampoline Market market which are as following: The global trampoline market is poised for growth due to increasing health consciousness and the recognition of trampolines as an effective cardio workout. Previous trends favoring digital entertainment have hindered market expansion. To counteract this, industry players are emphasizing the health benefits of trampolining, including improved cardiovascular health and weight loss. Additionally, the rise in outdoor activities among children, driven by parents' health priorities, boosts market demand.

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Trampoline Market Segmentation

  • Product
    • Round trampolines
    • Rectangular and square trampolines
    • Others
  • End-user
    • Commercial
    • Individual
  • Distribution Channel
    • Offline
    • Online
  • Geography
    • North America
    • Europe
    • APAC
    • Middle East and Africa
    • South America

The market witnesses several challenges, which are as follows The global trampoline market faces significant competition from the rising trend of alternative fitness and recreational activities. With increasing health consciousness worldwide, there has been a surge in participation in various fitness activities, including gymming, trekking, running, and climbing. Among these, climbing has emerged as a popular workout trend due to its numerous health benefits, such as enhanced body coordination, increased stamina, improved flexibility, and strengthened abdominal muscles. This shift in consumer preference poses a considerable threat to the trampoline market during the forecast period.

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Some of the key companies that have been profiled in the report include: 

  • A.J. Landmark Trampolines
  • ABEO SA
  • Domi Jump Inc.
  • Eurotramp Trampoline Kurt Hack GmbH
  • Jump Star Trampolines
  • Jumpflex USA Limited
  • Jumpking Trampolines
  • JumpSport Inc.
  • KidWise Outdoor Products Inc.
  • Machrus Inc.
  • North Trampoline Inc.
  • Sino Fourstar Group Co. Ltd.
  • SkyBound USA
  • Skywalker Holdings LLC
  • Sportspower Ltd.
  • Springfree Trampoline Inc.
  • Stamina Products Inc.
  • Super Jumper Inc.
  • Vuly Trampolines Pty Ltd.
  • Zhejiang Tianxin Sports Equipment Co. Ltd.

Market Research Overview 

The global leisure products market, a segment of the larger household durables industry, encompasses categories such as sports equipment, musical instruments, camping gear, recreational vehicles, bicycles, toys, and consumer games. According to Technavio, the household durables market size is determined by the collective revenue generated by manufacturers of household durables, including consumer electronics, home furnishings, homebuilding products, household appliances, housewares and specialties, and leisure products. The expansion of the global leisure products market is attributed to several key factors, including the surge in health and fitness club memberships. Over the past decade, health and fitness club memberships have experienced significant growth, with both membership numbers and club establishments continuing to rise due to the burgeoning industry prospects. - The Trampoline Market is experiencing significant growth, fueled by the Growing awareness of health benefits of trampolines. Businesses are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Market Research Analysis

The trampoline market has seen significant growth in recent years, with the industry estimated to reach USD1.8 billion by 2027. This growth can be attributed to various factors, including injury rates that have decreased due to safety enhancements such as padding, netting, and springless trampolines. Digital integration, including online booking and contactless payments, has also improved the customer experience. Entertainment and social interaction are key drivers of the trampoline market, with dodgeball arenas, foam pits, and wall-to-wall trampolines providing endless fun for children and adults alike. Trampolines offer numerous health benefits, including physical fitness and improved health consciousness. Safety is a top priority, with manufacturers focusing on frames made of strong steel and elasticity provided by high-quality springs. The folding mechanism ensures easy storage and transportation. Trampolines have gained popularity beyond recreational use, with their use in gymnastics at the Olympics and astronauts training for space travel. Injury awareness campaigns and education on proper usage have further boosted the market. With the focus on health and physical activity, trampolines continue to be a popular choice for families and fitness enthusiasts alike.


Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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