Trampoline Market

A trampoline is something that consists of a strong fabric stretched over a frame made up of steel using taut and coiled spring. People usually bounce on a trampoline, especially for recreational or competitive purposes. Trampolines are available in all shapes, sizes, and patterns and also have a folding mechanism allowing the person to take it from one place to another easily. The elasticity in the trampoline is not provided by the fabric that the user bounces on, rather it is provided by the springs that are connected to the frames. Trampolines made for competitive purposes are comparatively stronger than the trampolines made for recreational purposes. The trampolines were introduced in the 1930s for training astronauts, and later gymnasts also started using them. When trampolines were introduced as a sport in the Olympics, they became more popular. Nowadays, we can see an increase in trend of trampoline parks. A trampoline park is an indoor or outdoor space where one or more than one or a series of trampolines are placed. These parks have become a great way for children as well as adults to play & have fun, and most importantly, take part in physical activity. 

COVID-19 Scenario Analysis: 

• The COVID-19 outbreak has severely hit the global trampoline market.

• Trampoline market was dominated by its outdoor segment, as the use of trampoline was most common in parks, schools, playgrounds, gyms, and playschools. 

• Social distancing by staying at home has shut all the schools, playgrounds, gyms, and trampoline parks, affecting the sales for the outdoor segment of trampolines.

• Trampoline brands are trying to tap the consumers through online platforms, so that sales of the indoor segment of trampolines can be increased.

Top Impacting Factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis

Rise in number of trampoline parks, increased use of trampolines in the gym, surge in disposable income of consumers, rise in health consciousness, and the advent of spring less and smart trampolines are few factors that drive the growth of the global trampoline market. There is a rise in awareness regarding the health benefits associated with the use of trampolines like it improves lung capacity, muscle tone, increases energy level, enhances lymphatic system function, strengthens the heart, and others, allowing the growth of the global trampoline market.

However, a lack of knowledge regarding the proper use of the trampoline restrains the market growth. The penetration of trampoline in rural and semi-urban areas is less, which again hampers its growth. Using trampolines can also result in dangerous accidents, which retrains the customers from using trampolines. 

Furthermore, price fluctuation in the raw material used for the production of trampolines and high prices can be a threat to the global trampoline market. Trampoline fitness is still a new concept, and there are many other alternate fitness methods as well. This limits the market growth. Creating awareness, bringing innovation, increasing sales through online platforms, and improving marketing strategies are the factors expected to propel the growth of the trampoline market globally.

The global trampoline market trends are as follow:

Rise in Penetration of E-commerce

The penetration of e-commerce platforms all around the globe drive the growth of the trampoline market. Online stores are a convenient way to purchase products or services. In addition, shopping from e-commerce platforms is cost-effective because the cost associated with market intermediaries is minimized on online shopping sites. Due to this, online stores can offer trampoline at a low price and thus increase the demand for trampoline on e-commerce platforms. Manufactures of the trampoline, like JumpSports, Plum Products, Upper Bounce, and Spring Free Trampoline have started to partner with different online retail stores, across the world so that they can enhance their customer base. 

The advent of Smart Trampolines

Manufacturers are looking for innovative ways so that the use of a trampoline does not limit to recreational activity. Smart trampolines are entering the market, which gives the consumers learning and interactive experience. For instance, Springfree Trampolines developed a smart trampoline named Springfree, which has sensors attached to its mat, which helps in improving coordination and creative thinking skills while exercising. Smart trampolines also offer some other features like kid safety technology, water & climate resistance, and leaderboards.

Key Benefits of the Report:

• This study presents the analytical depiction of the global trampoline industry along with the current trends and future estimations to determine the imminent investment pockets.

• The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global trampoline market share.

• The current market is quantitatively analyzed to highlight the global trampoline market growth scenario.

• Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 

• The report provides a detailed global trampoline market analysis based on competitive intensity and how the competition will take shape in coming years. 

Questions Answered in the Trampoline Market Research Report:

• What are the leading market players active in the trampoline market?

• What the current trends will influence the market in the next few years?

• What are the driving factors, restraints, and opportunities in the market?

• What future projections would help in taking further strategic steps?

 Trampoline Market Report Highlights