Global Trampoline Park Market By Type (Indoor & Outdoor), By End-User (Children & Adults), By Region and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2021-2030 (Includes Business Impact of COVID-19)

                                          
Report updated on 11th September, 2021: Global Trampoline Park Market By Type (Indoor & Outdoor), By End-User (Children & Adults), By Region and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2021-2030 (Includes Business Impact of COVID-19)
Trusted Business Insights has published a comprehensive market research report on, Trampoline Park Market by Type (Indoor & Outdoor), by End-User (Children & Adults), and by Region -Global Forecast to 2030, which offers a holistic view of the Global Trampoline Park Market through systematic segmentation that covers every aspect of the target market.

The Global Trampoline Park Market was valued at US$ 1,943.8 Mn in 2020 and is expected to reach US$ 9,474.4 Mn by 2030 at a CAGR of 17.2%.

A trampoline is a tool which consists of a piece of taut, strong fabric stretched between a steel frame using may include coiled springs. The fabric that user bounce on is not normal elastic; in fact, the elasticity is provided by the springs that connect it to the frame which store potential energy. Trampoline originated in the 1930s as a training tool for astronauts and later for gymnasts. Far ahead it was introduced in the 2000 Olympics events. Introduction of trampoline in Olympics games led to a rise in the value of trampoline park. Trampoline park is an area comprising one or more institutional trampoline or a series of institutional trampolines. Trampoline park is available in small, medium and large size which can be implanted indoor and outdoor. Indoor trampoline park consists of wall to wall connected trampolines with padded walls. Trampoline parks offer a great way for children and adults to play, have fun and, importantly, take part in physical activity.

The growing number of trampoline coupled with enriched raw material used to improve the product property is a major factor driving the global trampoline park market. In addition to this, increasing consumer awareness towards fitness and outdoor activities coupled with the rise in consumer disposable income in the developed region is expected to boost the demand for trampoline park market.


Global Trampoline Park Market Revenue (US$ Mn), 2021 to 2030


Furthermore, Trampoline park of today has rapidly evolved to resemble more of a family entertainment centre (FEC) model which has led to increase in demand for trampoline parks and is expected to propel the growth of global trampoline park market over the forecast period.

However, high set up cost of trampoline park, in spite of guaranteeing good quality is a major factor expected to challenge the growth of the global trampoline park market. Nonetheless, the majority of new content development and smart initiatives in the field of Trampoline Park Market is expected to drive growth during the forecasted period.

Global Trampoline Park Market is segmented based on type, end-user and region. Based on type indoor & outdoor. The indoor segment accounts for the majority share in the global trampoline park market, and also it is expected to register the highest growth rate over the forecast period. On the basis of the end-user market is segmented into, children & adults and adults segment accounts for a majority share in the global trampoline park market.


Global Trampoline Park Market Attractiveness Analysis by Type, 2012“2018


On the basis of region, the market is segmented into North America, Europe, Asia Pacific, South America and MEA. North America accounts for the majority share in the Global Trampoline Park Market followed by Europe owing to a rise in disposable income in the region, with North America registering highest growth rate. South America and MEA are expected to register stable growth over the forecast period.

The research report on the Global Trampoline Park Market includes profiles of some of the major companies such as CircusTrix LLC, Jumpsquare Group, LLC Altitude Trampoline Parks of South Texas LLC, Flight Trampoline Park LLC, Launch Trampoline Park and Urban Air Trampoline and Adventure Park.


Key Market Segments:

By Type

  
Indoor
  
Outdoor

By End User

  
Children
  
Adults


Key Market Players included in the report:


  
CircusTrix LLC
  
Flight Trampoline Park LLC
  
Fun Spot
  
Jumpking International
  
JumpSport Inc.
  
Jumpsquare Group
  
Launch Trampoline Park
  
Luna
  
Multiplay International Ltd.
  
Plum Products Ltd.
  
Pure Global Brands Inc.
  
Skywalker Holdings LLC
  
Sportspower Ltd.
  
Springfree Trampoline Inc.
  
Stamina Products Inc.
  
UpperBounce
  
Urban Air Trampoline and Adventure Park.
  
Vuly Trampolines Pty Ltd.


Below are the key development related to Trampoline Park Market in 2020 and 2021.


June 2021: Rockin Jump Bounces Into Concord; Announces Grand Opening. The trampoline park founded in the East Bay celebrates Rockin Jump Concords grand opening and looks to hire around 50 part-time employees. CONCORD, CA — Rockin Jump, dubbed the perfect destination for families and residents to come together for hours of fun, announced the grand opening this Friday of its newest indoor trampoline park at 1631 Challenge Drive in Concord. Source

July 2020: Hartford trampoline park expected to close; space up for lease. Hartford’s indoor Launch Trampoline Park is not expected to reopen during the COVID-19 pandemic as the owners of the commercial building on Brainard Road are seeking new tenants for the facility. Broker Sentry Commercial recently listed the entire 44,559-square-foot building, half of which is currently vacant, for lease on its website. A source familiar with the situation told HBJ there is speculation Launch Trampoline Park will not reopen in its roughly 22,500-square-foot space due to financial woes it experienced before the coronavirus outbreak. Its recent temporary closure amid the pandemic has only worsened its financial standing, the source added. The lease on the trampoline park space, held by Restaurant Depot, expires in 2021, officials say. The trampoline park is a subtenant. Source

June 2020: Launch Trampoline Park reopens in Columbus. COLUMBUS, Ga. (WTVM) - Launch Trampoline Park in Columbus has reopened its doors to the public. Employees said they have been preparing for this moment for months amid the COVID-19 pandemic. There are now new safety measures that will be followed. Designated employees will clean and sanitize every 30 minutes. Only 75 people will be allowed in the building at a time. Launch said it wants to provide a safe place for parents and children to come and enjoy a few hours away from home. Source