Bounce House Market to grow by USD 810.16 billion, 4.82% YOY growth expected in 2024, North America to Notice Maximum Growth - Technavio
NEW YORK, Jan. 29, 2024 /PRNewswire/ -- The bounce house market is estimated to grow by USD 810.16 million from 2023 to 2028, growing at a CAGR of 5.81%. The market is fragmented owing to the presence of many global and regional companies. North America is estimated to contribute 33% during the forecast period. The growth in the region is driven by a vibrant entertainment industry and a tradition of celebrating events with inflatable attractions. This has led to sustained demand, prompting entrepreneurial investments in bounce house rental businesses. Bounce houses provide a safe and enjoyable entertainment option for children at family gatherings and events.
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By Application, the market is classified into household and commercial. The household segment is estimated to witness significant growth during the forecast period. Residential bounce houses provide a convenient and safe way for families to entertain children at home, especially with increasing health and safety concerns. They offer a cost-effective alternative to commercial facilities and come in various themes and sizes, catering to different preferences. The global market continues to innovate with diverse designs and features, including slides, obstacle courses, and water features.
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Company Offering:
- ActionAir Global - The company offers Action Air toddler bounce house with slide, Action Air bounce house balloon jumping castle with slide, and Action Air bounce house princess jumping castle with slide for girls.
- Bouncy Trampolines - The company offers Bouncy Castle DayDreamer Cotton Candy Bounce House, Bouncy Castle DayDreamer Mist Bounce House, and Party Castle DayDreamer Mist Bounce House.
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The increasing demand for commercial bounce houses is a key factor driving market growth. These houses are designed for heavy use in rental businesses, amusement parks, and more, using durable materials like PVC vinyl or nylon. Their popularity has grown due to the increasing number of events and gatherings, leading to a higher demand for engaging entertainment options like bounce houses at various occasions and venues.
- The robust demand for themed bounce houses is a primary trend shaping the growth.
- High maintenance is one of the key challenges hindering growth.
Features
Moonwalks or bouncy castles, are popular entertainment structures that include features like water slides and obstacle courses. They come in commercial and residential grades, suitable for both indoor and outdoor use. These houses are often rented for parties and events and come with various accessories like jumping mats, blowers for inflation, safety nets, and repair kits. Made of vinyl or PVC tarpaulin, they are secured with anchor stakes. Bounce houses come in different themes and are used by rental businesses and manufacturers. They also include interactive and sports games and advertising products, often customized. Safety guidelines ensure their safe use.
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TOC:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Size
5 Five Forces Analysis
6 Segmentation by Application
7 Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Company Landscape
12 Company Analysis
13 Appendix
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SOURCE Technavio
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