Trampoline Market Size, Share, Growth, And Industry Analysis, By Type (Large, Medium, Mini), By Application (Domestic Use, Trampoline Park Use, Other), Regional Insights, and Forecast To 2031

Updated On: 08 April 2024

Trampoline Market Report Overview

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The global trampoline market size was USD 977.49 million in 2021 and market is projected to touch USD 1471.1 million by 2031, exhibiting a CAGR of 4.17%.

A trampoline is composed of a sturdy fabric that is expertly stretched over a steel frame utilizing coils of spring. Usually, people use the equipment for competitive or recreational purposes. They come in a variety of forms, sizes, and designs. They can also be folded up and transported from one location to another with ease. Instead of the cloth that the user jumps on, the equipment elasticity comes from the spring that are attached to the frames. In the 1930s, the equipment was first used to train astronauts; later, gymnasts began to use them as well.

COVID-19 Impact: Interruption in Supply Chains to Deplete Market Growth

The eruption of COVID-19 has done act as a substantial restraint on some market in 2020, as businesses have been disrupted due to global government lockdowns. COVID-19 is a contagious disease that causes flu-like symptoms such as fever, coughing, and difficulty breathing. National governments' efforts to limit transfer have led to a decrease in business growth and confined trade in goods and services, with nations entering a 'lock down' state. Businesses suffered as a result of the outbreak in 2020 and 2021. Many markets were been affected from this because the main focus was on the respiratory issues. The market growth is expected to rebound from the shock over the forecast period. The closure of all campuses, parks, gyms, including parks as a result of social withdrawal had a negative impact on sales. In order to boost sales especially indoors, the service manufacturers were attempting to reach consumers through internet channels.

Latest Trends

"Innovation of Smart Techniques to Intensify Market Magnification"

Manufacturers are searching for novel applications for the equipment that go beyond simple recreation. Smart trampolines are now available on the market, providing users with an educational and engaging experience. As an example, Springfree, which has embedded sensors to its mat and aids in exercising while enhancing synchronization and creative thinking abilities. Other features that it offers include leaderboards, water and climate resistance, and kid safety technology.

Trampoline Market Segmentation

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• By Type Analysis

According to type, the market can be segmented into large, medium, mini

Large are the leading part of the type segment

• By Application Analysis

According to application, the market can be segmented into domestic use, trampoline park use, other

Domestic use is the leading part of the application segment

Driving Factors

"Adoption of E-Commerce Platforms to Boost Market Share "

The trampoline market share is expanding because to the global adoption of e-commerce platforms. Online shops offer a practical way to buy goods or services. Additionally, purchasing via e-commerce platforms saves money since market intermediaries are less expensive on online storefronts. As a result, they are more affordable in online retailers, which raises demand for the service on e-commerce platforms. In order to expand their consumer base, the equipment manufacturers have begun to collaborate with numerous online retail outlets across the world.

"Associated Health Advantages to Expand Market Forwarding "

Growing public knowledge of the health advantages of equipment use is one of the major causes behind the expansion of the trampoline market. Due to the significant acceptance of phones and computer games for leisure activities over the past ten years due to technology advancements, the use of equipment has decreased globally. To address this issue, a number of groups are concentrating on raising public knowledge of the health advantages associated by the use. They are in greater demand as a consequence of the growing number of kids participating in outdoor activities as a result of parents' attention to their children's health which has proved to be advantageous for the trampoline market growth. 

Restraining Factors

"Lack of Awareness to Deplete Market Advancement"

However, lack of awareness is preventing the industry from expanding. Equipment use is less common in rural areas, which again restricts its expansion. The users are discouraged from utilizing them due to the possibility of dangerous accidents.

The global market may also be threatened by price fluctuations in the raw materials used in their manufacture as well as exorbitant costs. There are numerous other alternative workout techniques, and jump training is still a relatively new idea. This restricts trampoline market expansion.

Trampoline Market Regional Insights

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"Appealing Marketing Tactics to Foster Market Growth in North America"

North America holds the highest share of the market and is anticipated to expand at a highest CAGR over the forecast period. The expansion of the market in the North American area is being driven by an increase in athletes, particularly in nations like Canada in addition a rise in public awareness of the need of engaging in healthy physical activity.

During the forecast period, it is predicted that the region will grow at the fastest rate. The market is expected to grow quickly due to factors like quick urbanization and appealing marketing tactics used by international players.

Key Industry Players

"Key Players Focus on Partnerships to Gain a Competitive Advantage "

Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.

The analyst provides a comprehensive picture of the market through the study, synthesis, and summarization of data from various sources, as well as an examination of important variables such as financial gain, sales prices, competition, and promotions. It identifies the key industry influencers and presents various market facets. The information provided is thorough, reliable, and the result of extensive primary and secondary research. The market report provides a comprehensive competitive landscape as well as an in-depth vendor evaluation methodology and analysis based on both qualitative and quantitative studies to accurately forecast market growth.

The reports cover important advances with in market, as well as inorganic and organic growth strategies. Various companies are concentrating on organic business expansion such as product announcements, product approvals, and other things like patents and events. Acquisitions, partnerships, and collaborations were among the inorganic growth strategies observed in the market. The above activities have paved the way for market participants to expand their business and customer base. With the growing demands for filter products in the international market, market participants in the market are expected to benefit from substantial growth opportunities in the near future.

List of Market Players Profiled

• Fourstar (U.S.)
• Jump King (U.S.)
• Sportspower (Australia)
• Pure Fun (U.S.)
• Springfree (U.S.)
• Domijump (China)
• Jumpstar (Australia)
• JumpSport (U.S.)
• Vuly (Australia)
• Skywalker (U.S.)
• Airmaster Trampoline (U.S.)
• Upper Bounce (U.S.)
• Stamina (U.S.)
• Jumpflex (New Zealand)
• Plum Products (India)
• Luna (U.S.)

Report Coverage

The industry's growth was significantly influenced by the tactics employed by market participants in recent years, such as extensions. The report provides details and information on the companies and their interactions with the market. The data is gathered and published through appropriate research, technological advancements, expansions, and expanding machinery and equipment. Other criteria considered for this market are the firms that develop and provide new products, the areas in which they operate, mechanisation, innovative techniques, making the most money, and using their products to have a large social impact. This analysis examines the global and regional effects of the outbreak mostly on the market. The study describes the market share features, and market growth by type, industry, and customer sector.

This research profiles a report with extensive studies that take into description the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, etc. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.