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Trampoline Market - Current Trends,Opportunities & Challenges For 2017

12-05-2017 01:52 PM CET | Associations & Organizations

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
Trampoline Market - Current Trends,Opportunities & Challenges

A trampoline is known as a device which consists of strong fabric which is stretched over a steel frame using coiled springs and a piece of taut. People bounce on the trampolines for competitive and recreational purposes. The fabric that the users bounce on is not found to be elastic and the elasticity is normally provided by the springs that are connected to the frame and store potential energy. There are normally two types of trampoline namely competitive and recreational. The frame of the trampoline that are used for competitive purposes is made up steel and has a folding mechanism so that it can be carried from one place to another. Such trampoline beds are made up of strong fabric, and the elasticity is provided by springs. However recreational trampolines are weakly constructed compared to the competitive trampolines. Such trampolines are made up of coil. Popularity of trampoline as a sport into the Olympics since the year 2000 has also resulted into a positive impact to the market. Children, in recent years are addicted towards phone, computer games and television shows and they lack proper physical activities. Focus towards outdoor sports for the children has resulted to rise in demand for trampolines among the parents in order to develop better physical activities.

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The global trampoline market has been segmented on the basis of different products type, end use and distribution channel. By different product type the global trampoline market has been segmented into round, rectangular, square, spring free and rebounder. On the basis of end use the market has been segmented into commercial and residential. Commercial Trampolines are anticipated to capture a large part of the market share due to increase in the sport activities in different countries. The market has been further segmented on the basis of distribution channel namely online distribution channel and offline distribution channel. Offline distribution channel has been further segmented hyper market, specialty stores. Online distribution channel gained more attention over the years and are anticipated to witness the fastest growth due to the rising internet facilities, easy convenience and easy delivery options.

The global trampoline market are mainly driven by growing number of trampoline parks coupled with better raw materials used in order to enhance the product properties. However, problems resulting due to lack of knowledge regarding the proper methods of use are restraining the global trampoline market. Using a trampoline results can lead dangerous accidents if proper guidelines are not followed. Organized clubs and gyms provides several safety measures and has safety end decks with proper foam pads at each end.

In the region wise study, the global trampoline market has been segmented into North America, Europe, Asia Pacific, Middle East, Africa and Latin America. North America which includes U.S. Canada are anticipated to capture the large part of the market share due to the rising consciousness of the parents regarding proper physical activities among the children. Asia Pacific region which includes China, India, Japan and Australia are anticipated to witness the fastest growth due to the rising number of sport activities and athletes performing in the Olympic regions Europe which includes Germany, France, and Italy among the other countries also held a significant market share over the years due to the better E-retailing services and growing number of online websites of the companies.

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The key participants of the global trampoline market engage upon strategic acquisitions and joint ventures in order to grab a large part of the market share. Some of the global key participants in the industry include Jump Sport, Pure Fun, Skywalker Holdings, Springfree Stamina Products, UpperBounce, Y J Corporation among others.

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Transparency Market Research (TMR) is a next-generation provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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