Global Trampoline Market 2017-2021
A trampoline consists of a piece of firm and strong fabric stretched over a frame using many coiled springs. It is one of the best ways for fun healthy body movement and low impact exercise that can be used and enjoyed by people of all ages. Trampoline bouncing (both recreational and competitive) engages all the body muscles without stressing on a specific part of the body.
Technavio’s analysts forecast the global trampoline market to grow at a CAGR of 4.51% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global trampoline market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Trampoline Market 2017-2021
Technavio recognizes the following companies as the key players in the global trampoline market: JumpSport, Pure Fun, Skywalker Holdings, Springfree, Stamina Products, UpperBounce and YJ Corporation.
Other Prominent Vendors in the market are: Domi Jump, ExacMe, Kangaroo hoppers, Merax, Plum Products, Sino Fourstar Group, SkyBound, Sportspower, Super Jumper and Vuly.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is use of better raw materials to enhance product features. The key competitors are designing trampoline frames that are made of heavy-duty and triple-coated galvanized steel. The metal springs used in traditional trampolines are more vulnerable to rust because the connected metal grinds on each other and wears off some of the protective coatings that may have been applied.”
According to the report, one driver in the market is focus on children’s physical development. Parents are increasing their focus on the development of children right from a very small age, and this factor, in turn, has led to a rise in the demand for outdoor sports equipment including trampolines. Outdoor recreational sports equipment enhances children's physical fitness, and helps parents in indulging children in a number of physical activities. With children being increasingly addicted to computers, television shows, and smartphones these days, parents are increasingly looking at opportunities that allow their children to get involved in different physical activities.
Further, the report states that one challenge in the market is increasing market fragmentation. The global trampoline market is highly competitive due to the presence of a number of local and international players. Local players have a significant contribution in the market with their product offerings targeting the needs of local consumers who look for products priced economically. JumpSport, one of the major players in the market, has created significant competition for global giants like Skywalker Holdings and Springfree. Numerous unorganized players, like small- and mid-sized manufacturers, are also present in this already fragmented market.
JumpSport, Pure Fun, Skywalker Holdings, Springfree, Stamina Products, UpperBounce, YJ Corporation, Domi Jump, ExacMe, Kangaroo hoppers, Merax, Plum Products, Sino Fourstar Group, SkyBound, Sportspower, Super Jumper and Vuly.