Trampoline Park Equipment Market Size, Share, Growth, and Industry Analysis, By Type (Mini Trampoline, Medium Trampoline and Large Trampoline), By Application (Domestic Use, Trampoline Park Use and Others), Regional Insights, and Forecast To 2032

Updated On: 29 April 2024

TRAMPOLINE PARK EQUIPMENT MARKET REPORT OVERVIEW

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global trampoline park equipment market size was USD 1757 million in 2019 and market is projected to touch USD 2886.45 million by 2032 at CAGR 3.8% during the forecast period.

Trampoline Park equipment refers to the various structures, components, and features that make up a trampoline park. These parks are recreational facilities equipped with multiple interconnected trampolines and other elements designed to provide a fun and active experience for visitors. Trampoline parks have gained popularity as places for entertainment, fitness, and social activities. The central feature of a trampoline park is, of course, the trampolines themselves. These can include large interconnected trampoline beds, angled trampolines along the walls, and even trampoline walls and ceilings. Foam pits are areas filled with foam cubes where participants can safely jump and perform flips or tricks, landing in the soft foam.

Trampoline parks often include dedicated dodgeball courts where players can engage in trampoline-assisted dodgeball games. Some trampoline parks have basketball hoops set up at different heights, allowing visitors to practice slam dunks and tricks while bouncing on trampolines. Some parks incorporate obstacle courses with trampoline elements, adding challenges such as balance beams, ninja warrior-style features, and more. Some trampoline parks feature interactive games that use sensors and technology to create engaging experiences for visitors.

COVID-19 Impact: Reduced Consumer Confidence to Hinder Market Growth

The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to market’s growth and demand returning to pre-pandemic levels.

Many trampoline parks had to close temporarily or operate with restrictions due to lockdowns, social distancing measures, and public health concerns. This led to a decline in customer footfall and revenue, affecting the purchasing capacity for new equipment. Concerns about virus transmission and safety measures have led to reduced consumer confidence in visiting crowded indoor recreational facilities. This has had a negative impact on the overall attendance at trampoline parks, affecting the demand for new equipment. The global supply chain for manufacturing and distributing trampoline park equipment has been disrupted by lockdowns, transportation restrictions, and other pandemic-related challenges. This has led to delays in production, delivery, and installation of equipment.

LATEST TRENDS

"Incorporation of Technology to Drive Market Growth"

Continued emphasis on safety features, including advanced padding, safety nets, and other innovations to reduce the risk of injuries and enhance overall visitor safety. Integration of technology to enhance the visitor experience, including interactive games, augmented reality features, and sensor-based activities that combine physical activity with digital elements. Trampoline parks are diversifying their offerings beyond traditional trampolines. This includes incorporating obstacle courses, climbing walls, and other interactive elements to provide a more varied and engaging experience. Trampoline park equipment are increasingly positioning themselves as fitness destinations. They offer fitness classes, workouts, and programs that leverage the fun and dynamic nature of trampolining for health and wellness.

TRAMPOLINE PARK EQUIPMENT MARKET SEGMENTATION

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• By Type

Based on type the global market can be categorized into mini trampoline, medium trampoline and large trampoline.

Mini trampolines are popular for fitness activities, including aerobic exercises, rebounding workouts, and low-impact cardiovascular training. Medium-sized trampolines are larger than mini trampolines but smaller than the large outdoor trampolines. Large trampolines are outdoor trampolines designed for spacious areas such as backyards.

• By Application

Based on application the global market can be categorized into domestic use, trampoline park uses and others.

Trampolines designed for domestic use are typically smaller in size and suitable for installation in backyards or indoor spaces. They provide a source of entertainment for families and individuals. Trampoline parks are designed for large-scale recreational activities. They offer a social environment where individuals and groups can come together to enjoy bouncing, play trampoline-based games, and socialize.

DRIVING FACTORS

"Appeal to a Wide Audience to Augment the Market"

The demand for indoor recreational activities has been on the rise, driven by factors such as changing weather conditions, urbanization, and a desire for year-round entertainment. Trampoline parks, being indoor facilities, align with this trend. Increasing awareness of the importance of physical fitness and an active lifestyle has led to a growing interest in activities that combine exercise with entertainment. Trampolining offers a fun and effective way for individuals to stay active. Trampoline parks are designed to cater to a broad demographic, including children, teenagers, and adults. The inclusive nature of these facilities makes them appealing to families, friends, and individuals of various age groups. Trampoline parks provide an environment for socializing and group activities. The appeal of engaging in activities like trampoline dodgeball or group jumping sessions contributes to their popularity for social events and parties.

"Investments in Facility Expansion to Expand the Market"

Continuous innovation in trampoline park equipment market growth, including the incorporation of interactive elements, augmented reality games, and new challenges, helps maintain visitor interest and attract repeat customers. Trampoline parks have become popular venues for hosting birthday parties, corporate events, and team-building activities. This has contributed to increased footfall and revenue for trampoline park operators. Successful trampoline parks often reinvest in their facilities, expanding their offerings and updating equipment to keep up with changing trends and customer expectations. This ongoing investment drives the growth of the market. The competitive nature of the leisure and entertainment industry encourages trampoline park operators to enhance their facilities and equipment to stand out in the market, attracting more visitors and maintaining a competitive edge.

RESTRAINING FACTOR

"Regulatory Compliance and Standards to Potentially Impede Market Growth"

The risk of injuries associated with trampolining activities can lead to safety concerns and potential liability issues for operators. Injuries may result in legal challenges and increased insurance costs, affecting the overall business environment. Compliance with safety regulations and standards imposed by local authorities can be demanding. Adhering to these regulations requires ongoing investments in equipment maintenance, staff training, and facility modifications, which can be costly. Trampoline parks may experience seasonal variations in attendance, with lower demand during certain times of the year. This can impact revenue streams and make it challenging to maintain consistent profitability.

TRAMPOLINE PARK EQUIPMENT MARKET REGIONAL INSIGHTS

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"North America to Dominate the Market due to Consumer Spending"

The market is primarily segregated into Europe, Latin America, Asia Pacific, North America, and Middle East &Africa

North America, particularly the United States and Canada, has seen the maturation of the trampoline park equipment market share. The presence of well-established operators and a relatively high level of consumer awareness contribute to a robust market. The region has a strong culture of recreational activities and family entertainment, with consumers willing to spend on leisure experiences. North American trampoline parks often lead in terms of innovation, incorporating new technologies and interactive features to enhance the visitor experience. The trend of combining fitness with entertainment has contributed to the industry's success.

KEY INDUSTRY PLAYERS

"Key Industry Players Shaping the Market through Innovation and Market Expansion"

The market is significantly influenced by key industry players that play a pivotal role in driving market dynamics and shaping consumer preferences. These key players possess extensive retail networks and online platforms, providing consumers with easy access to a wide variety of wardrobe options. Their strong global presence and brand recognition have contributed to increased consumer trust and loyalty, driving product adoption. Moreover, these industry giants continually invest in research and development, introducing innovative designs, materials, and smart features, catering to evolving consumer needs and preferences. The collective efforts of these major players significantly impact the competitive landscape and future trajectory of the market.

List of Market Players Profiled

• Multiplay UK (U.K.) 
• JumpSport (U.S.)
• Fun Spot (U.S.)
• Pure Fun (U.S.)
• Vuly (Australia)

INDUSTRIAL DEVELOPMENT

January, 2020: Manufacturers in the trampoline equipment industry have been focusing on innovation in design and functionality. This includes the development of unique trampoline structures, incorporation of interactive features, and the creation of obstacle courses to diversify the offerings.

REPORT COVERAGE

The study encompasses a comprehensive SWOT analysis and provides insights into future developments within the market. It examines various factors that contribute to the growth of the market, exploring a wide range of market categories and potential applications that may impact its trajectory in the coming years. The analysis takes into account both current trends and historical turning points, providing a holistic understanding of the market's components and identifying potential areas for growth.

The research report delves into market segmentation, utilizing both qualitative and quantitative research methods to provide a thorough analysis. It also evaluates the impact of financial and strategic perspectives on the market. Furthermore, the report presents national and regional assessments, considering the dominant forces of supply and demand that influence market growth. The competitive landscape is meticulously detailed, including market shares of significant competitors. The report incorporates novel research methodologies and player strategies tailored for the anticipated timeframe. Overall, it offers valuable and comprehensive insights into the market dynamics in a formal and easily understandable manner.