What is Trampoline Park Market?
Trampoline Park is a wide area surrounded by trampolines and gaming zones. It is operated for the recreational purpose of using the trampoline area for a fee. Trampoline parks like Jump In can be a great way to get some exercise. They are so much fun and there is no better place for kids and adults to have fun. Trampolining is an aerobic exercise that burns calories and builds muscle. It's also great for the heart, lungs, bones, joints, and brain. Apart from strengthening the muscles around your child's joints, the trampoline also strengthens the muscles around their spine. It also increases their basic strength. Together, these two benefits are key to improving posture. Thus, with such huge health benefits, adults and parents are majorly prone to a trampoline parks which further creates lucrative opportunities for the market.
Highlights from Trampoline Park Market Study
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | AKROBAT, d.o.o (Slovenia), Multiplay International LLC (United Kingdom), Sky Zone (United States), Jumpstreet Inc. (United States), Spring City (India), Get Air Vista (India), Circustrix LLC (United States), Fusion Trampoline Park (United Kingdom), CYBERJUMP (Slovenia), Flight Trampoline Park LLC (United States), Elevation Trampoline Park (United States), Urban Air Adventure Park (United States), Rockin’ Jump (United States), Launch Trampoline Park (United States), Big Air Trampoline Park(United States), Gravit8(United States), Stratosphere Trampoline Park(United States), Jumpsquare Group (Netherland) and Xscape (United Kingdom) |
CAGR | 15.8% |
The market for Trampoline Park is expected to grow with rising demand from children, their parents, and adults. Market specifically witnessing huge demand for maintaining health with aerobics. Though high cost and requirement of technically keen handling are creating a burden on the market. Major players in the industry are gaining attention from the market. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Trampoline Park market throughout the forecasted period.
AKROBAT, d.o.o (Slovenia), Multiplay International LLC (United Kingdom), Sky Zone (United States), Jumpstreet Inc. (United States), Spring City (India), Get Air Vista (India), Circustrix LLC (United States), Fusion Trampoline Park (United Kingdom), CYBERJUMP (Slovenia), Flight Trampoline Park LLC (United States), Elevation Trampoline Park (United States), Urban Air Adventure Park (United States), Rockin’ Jump (United States), Launch Trampoline Park (United States), Big Air Trampoline Park(United States), Gravit8(United States), Stratosphere Trampoline Park(United States), Jumpsquare Group (Netherland) and Xscape (United Kingdom) are some of the key players profiled in the study. Trampoline Park Market Segmentation:
Scope | Sub-Segments |
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Application / End User | Children, Adult and Family |
Type | Indoor and Outdoor |
Operation Type | Standalone,Franchise |
Activity | Trampoline Courts,Dodgeball & Games,Ninja Obstacle Course,Wall Climbing,Others |
Event Type | Birthday Party,Group Events,Corporate Events,Fundraising Events,Others |
On the basis of Type, Indoor are dominating the market in the year 2021
On the basis of application, Adults segment is dominating the market in the year 2021
On the basis of geography, the market of Trampoline Park has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Adults are more Inclined toward Recreational Activities and Fun for maintaining their Mental Health and Dodgeball & Games are Gaining More Attention from Adults
Market Growth Drivers:
Growing Acrobatics based Exercises and Huge Awareness regarding Aerobic Activities to Maintain Health
Challenges:
Higher Incidence of Injuries during Jumping and trampoline activities and Need of Huge Costing for Routinely Wear & Tear of Trampolines
Restraints:
Trampoline Park Infrastructure requires a Large Number of Investments
Opportunities:
The surge in Trampoline Franchises across the various Geographies and Corporates are seeing Trampoline Park as the perfect ambiance for conducting Team Building, Meeting Spaces & Corporate Holiday Parties
Key Target Audience
Trampoline Park Manufacturers, Equipment Suppliers and Distributors, Venture Capitalists and Private Equity Firms, New Entrants/Investors, Strategic Business Planners, Government Regulatory and Research Organizations
In December 2021, Launch Entertainment, a leading operator and franchisor of innovation announced the reopening of its third corporate location. The company has transformed an AirTime Trampoline & Game Park into its newest 30,000-square-foot, fun-filled experience in Novi, Michigan. The Novi Launch Entertainment location will provide the latest features for all to enjoy. Guests are invited to check out the location that once housed an Airtime Trampoline & Game Park as it converts into a full family entertainment center with the finest attractions. Aside from its signature trampoline courts, dodge ball, and Launch’s XP Arena they are installing a massive arcade, ninja course, laser tag, a full bar, and its renowned Krave Restaurant.
Analyst Comment
Global Trampoline Parks Market was valued at USD ~1,200 Million in 2021, and is expected to reach a market value of ~XX by 2027, registering a CAGR of ~ 15.8% over the forecast period of 2022-2027.