Trampoline Market: Key Findings
- Trampoline market value to grow by USD 678.28 million at over 4% CAGR during 2021-2025
- 42% of market growth to originate from North America during the forecast period
- Based on the product, the round trampolines segment will offer maximum opportunities for vendors during the forecast period
- Trampoline market is expected to have a negative impact due to the spread of COVID-19
Trampoline Market: Growth Drivers
Growing awareness of the health benefits associated with the use of trampolines is one of the prime factors driving the growth of the market. Bouncing on a trampoline is considered one of the most effective cardio exercises that help in reducing fat. It evens out the pressure across all the muscles in the body and helps relieve stress. This significantly increases the lymphatic flow which helps in eliminating toxins and other unwanted waste in the body. Moreover, the use of trampoline increases the gravitational force on the body and helps improve bone density, thereby significantly reducing the risk of a fracture. Many such health benefits associated with trampolines are expected to fuel the growth of the market during the forecast period.
"Increasing use of trampolines in gyms and growing penetration of e-commerce will further boost market growth during the forecast period", says a senior analyst at Technavio.
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Trampoline Market: Major Vendors
Jumpking International
Jumpking International operates its business through the Unified segment. The company offers products such as Mossy Oak Trampoline with Enclosure, BB Hoop Volleyball Court Foot Step 2020 and other products.
JumpSport Inc.
JumpSport Inc. operates its business through the Unified segment. The company offers products such as Alleyoop, Jumpsport Classic, Jumpsport Elite and other products.
Multiplay International Ltd.
Multiplay International Ltd. operates its business through the Unified segment. The company offers trampoline park equipment.
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About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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Technavio Research
Jesse Maida
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Email: [email protected]
Website: www.technavio.com/
Report: www.technavio.com/report/trampoline-market-industry-analysis
SOURCE Technavio
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