Global Children's Outdoor Swing Market 2017-2021
About Children's Outdoor Swing
Swings are one of the standard equipment among playground equipment. They are available in multiple designs, including tire, arch post, single post, and heavy-duty. They come in a variety of shapes and sizes and are made from materials like metal, wood, plastic, and steel.
Technavio’s analysts forecast the global children's outdoor swing market to grow at a CAGR of 4.12% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global children's outdoor swing market for 2017-2021. To calculate the market size, the report considers the revenue generated through the sales of different types of children's outdoor swings.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Children's Outdoor Swing Market 2017-2021
Technavio recognizes the following companies as the key players in the global children's outdoor swing market: Dynamo Industries, GameTime, KOMPAN, Landscape Structures, Miracle Recreation Equipment Company, and Playworld.
Other Prominent Vendors in the market are: Burke, Component Playgrounds, Flexible Flyer, KidKraft, Little Tikes, meglio Unionland, Park Supplies, and Play & Park Structures.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is growing number of preschools. Preschools play an important role in a child’s development during the crucial growth years. The rapid increase in the number of preschools and kindergartens with high-quality facilities has led to more parents sending their children to such places. Working parents, due to hectic work schedules, find it difficult to spend quality time with their children to teach them. Therefore, they consider preschools as a good alternative as they provide a friendly environment, which is essential for the healthy growth of a child’s cognitive and physical abilities.”
According to the report, one of the major drivers for this market is positive impact of rising urbanization rate. The global population is shifting from rural to urban and semi-urban areas rapidly. In many developing countries like Brazil, China, and India, with rapid urbanization, a concurrent increase in demand for children's products is also seen as people are able to afford better products. One of the key reasons for this is the rapid urbanization that has also led to more number of working women and dual-income households.
Further, the report states that one of the major factors hindering the growth of this market is increasing interest in e-games. The popularity of e-games is increasing at an accelerated rate across the globe and is projected to see continuous growth during the forecast period. The popularity of e-games is an important factor that can significantly limit the growth of the global children's outdoor swing market during the forecast period. Computer and online games are increasingly replacing traditional outdoor games equipment. There is a growing market for digital games targeted at children. Gaming on desktops, consoles, and mobile phones also entertain children, which is one of the major reasons for the growing popularity.
Dynamo Industries, GameTime, KOMPAN, Landscape Structures, Miracle Recreation Equipment Company, Playworld, Burke, Component Playgrounds, Flexible Flyer, KidKraft, Little Tikes, meglio Unionland, Park Supplies, and Play & Park Structures.