The growing awareness of the health benefits associated with the use of trampolines is notably driving the market, although increased adoption of alternative fitness and recreational activities may impede the market growth.
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Key Market Dynamics:
- Market Driver
One of the key factors driving growth in the trampoline market is the growing awareness of the health benefits associated with the use of trampolines. During the last decade, technological advances globally resulted in the high adoption of smartphones and video games for recreational purposes, which had limited the adoption of trampolines globally. To overcome this challenge, various organizations have started focusing on increasing the awareness of the health benefits associated with the use of trampolines. The increasing involvement of children in outdoor sports due to parents' focus on the latter's health has also resulted in the rise in demand for trampolines.
- Market Challenge
The increased adoption of alternative fitness and recreational activities will be a major challenge for the trampoline market during the forecast period. The growing health concerns globally have increased the awareness about the importance of maintaining a healthy lifestyle, thereby leading to increased participation of people in various fitness activities. Although jumping on a trampoline is considered one of the most effective exercises, the market witnesses a considerable threat from the growing popularity of other fitness activities such as gyming, trekking, running, and climbing activities. One of the major workout trends in the fitness industry is climbing, which has been gaining significant popularity owing to the health benefits associated with it. Despite the increasing sales promotions by vendors and e-commerce retailers, the adoption of trampolines has remained significantly lower than their alternatives. The increasing popularity of alternative outdoor and fitness activities, primarily through their growing awareness through social media, is posing a significant threat to the growth of the trampoline market globally.
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Regional Analysis & Forecasts
42% of the market's growth will originate from North America during the forecast period. US and Canada are the key markets for trampoline in North America. Market growth in this region will be faster than the growth of the market in the European, MEA, and South American regions. The growing child population and the availability of a large number of vendors will facilitate the trampoline market growth in North America over the forecast period.
Segmentation Analysis & Forecasts
The trampoline market share growth by the round trampolines segment will be significant during the forecast period. The popularity of round trampolines has remained high for a long time owing to factors such as their lightweight and stronger durability due to the circular frame. Most vendors offer round trampolines as they are relatively easier to build. From the customer perspective, factors such as the easy availability and low prices of round trampolines have been helping the segment to witness heavy sales. The small size of round trampolines has also been contributing to the increasing sales, as these trampolines, despite occupying more space than rectangular trampolines, can be easily stored in households.
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Some Companies Mentioned with their Offerings
- Jumpking International- The company offers products such as Mossy Oak Trampoline with Enclosure, BB Hoop Volleyball Court Foot Step 2020 and other products.
- JumpSport Inc.- The company offers products such as Alleyoop, Jumpsport Classic, Jumpsport Elite and other products.
- Multiplay International Ltd.- The company offers trampolines, interactive wall climbing equipment and other products.
- Plum Products Ltd.
- Pure Global Brands Inc.
- Skywalker Holdings LLC
- Sportspower Ltd.
- Springfree Trampoline Inc.
- UpperBounce
- Vuly Trampolines Pty Ltd.
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Camping Tent Market in Europe by Product and Geography - Forecast and Analysis 2021-2025: The camping tent market size in Europe is expected to reach a value of USD 157.14 million, at a CAGR of 4.37% during 2021-2025. To get more exclusive research insights: Download Our FREE Sample Report
Trampoline Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4% |
Market growth 2021-2025 |
$ 678.28 million |
Market structure |
Fragmented |
YoY growth (%) |
3.85 |
Regional analysis |
North America, Europe, APAC, MEA, and South America |
Performing market contribution |
North America at 42% |
Key consumer countries |
US, UK, China, France, and Canada |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Jumpking International, JumpSport Inc., Multiplay International Ltd., Plum Products Ltd., Pure Global Brands Inc., Skywalker Holdings LLC, Sportspower Ltd., Springfree Trampoline Inc., UpperBounce, and Vuly Trampolines Pty Ltd. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period. |
Customization preview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2020
- Market outlook: Forecast for 2020 - 2025
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Product
- Market segments
- Comparison by Product
- Round trampolines - Market size and forecast 2020-2025
- Rectangular and square trampolines - Market size and forecast 2020-2025
- Others - Market size and forecast 2020-2025
- Market opportunity by Product
Market Segmentation by End-user
- Market segments
- Comparison by End-user
- Commercial - Market size and forecast 2020-2025
- Individual - Market size and forecast 2020-2025
- Market opportunity by End-user
Market Segmentation by Distribution channel
- Market segments
- Comparison by Distribution channel
- Offline - Market size and forecast 2020-2025
- Online - Market size and forecast 2020-2025
- Market opportunity by Distribution channel
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2020-2025
- Europe - Market size and forecast 2020-2025
- APAC - Market size and forecast 2020-2025
- MEA - Market size and forecast 2020-2025
- South America - Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Competitive scenario
- Vendor landscape
- Landscape disruption
- Industry risks
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Jumpking International
- JumpSport Inc.
- Multiplay International Ltd.
- Plum Products Ltd.
- Pure Global Brands Inc.
- Skywalker Holdings LLC
- Sportspower Ltd.
- Springfree Trampoline Inc.
- UpperBounce
- Vuly Trampolines Pty Ltd.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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SOURCE Technavio
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