Playground Sets and Equipment Market Scenario Highlighting Major Drivers & Trends, 2018-2028
Global Playground Sets and Equipment Market: Introduction
Playgrounds are an essential part of a child’s formative years. Nowadays, playgrounds have educational and theme-based equipment that help to develop a child’s mental and physical fitness. There are various types of playground sets and equipment, such as playground climbers, see-saws, spring riders, swings, slides, merry-go-rounds, free spinners and other equipment. Moreover, playground sets and equipment are made of different materials such as wood, plastic/HDPE, metal/steel and other materials. With technological advancements in the current times, playground sets and equipment are safe as they are made of sturdy materials. In addition, playground sets and equipment are mostly installed in schools, commercial places and amusement parks. Playground sets and equipment are available in various sizes and designs.
The key driving factor for the global playground sets and equipment market are the rising number of schools across the globe. A significant rise in the private and public gardens will fuel the global playground sets and equipment market growth over the forecast period. The macroeconomic factors such as growing urbanization, per capita income and developing countries such as China, India and Indonesia will lead the global playground sets and equipment market towards high growth over the forecast period. Moreover, technological advancement in playground sets and equipment will help to grow the global playground sets and equipment market over the forecast period. Furthermore, the rapidly growing e-commerce industry is one of key factor that helps to grow the global playground sets and equipment market at a significant growth rate over the forecast period due to make ease of product delivery to the customers. Stringent regulations and standards to manufacture the playground sets and equipment products will hinder the global playground sets and equipment market to grow over the forecast period.
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Global Playground Sets and Equipment Market: Segmentation
Global playground sets and equipment market can be segmented by component type, application type, sales channel type and region.
Based on the component type, global playground sets and equipment market is segmented as follows:
- Swing Sets
- Playground Climbers
- Spring Riders
- Free spinners
- Infant & Toddlers
- Other Components
Based on the application type, global playground sets and equipment market is segmented as follows
- Parks & Recreations
- Landscape Architects
Based on the sales channel type, global playground sets and equipment market is segmented as follows
- Third-party Online Channel
- Direct-to-customer Online Channel
- Franchised outlets
- Independent Outlets
- Modern Trades
Among the above-mentioned sales channel, third party and direct-to-customer online channel are estimated to account for a significant market share in the global playground sets and equipment market over the forecast period. Moreover, franchised outlets segment is projected to see a high growth in the global playground sets and equipment market over the forecast period.
Global Playground Sets and Equipment Market: Regional Outlook
The global playground sets and equipment market is classified into seven regions: North America, Europe, CIS & Russia, Asia Pacific excluding Japan, Latin America, Japan and the Middle East and Africa. Among the above-mentioned regions, North America accounts for high market share in the global playground sets and equipment market due to the increasing number of play schools along with the commercial playgrounds across the region. Europe is anticipated to see a significant growth in the global playground sets and equipment market, owing to the high demand of playground sets and equipment in schools and outdoor play institutions. Moreover, significantly growing e-commerce retailer footprints along with the rapidly growing population across the APEJ will enhance the global playground sets and equipment market growth over the forecast period.
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Global Playground Sets and Equipment Market: Prominent Players
Prominent players of the global playground sets and equipment market are Kidstuff Playsystems, BigToys, American Parks Company, APCPLAY, BCI Burke Company, LLC, Detailed Play Pro, Miracle Recreation Equipment Company, Grounds For Play, KOMPAN A/S and Superior International Industries among other key playground sets and equipment market players. The key players of global playground sets and equipment market are focusing on expanding their sales channel to increase the overall playground sets and equipment during the forecast period.
This analytical research study imparts an all-inclusive assessment on the market, while propounding historical intelligence, actionable insights, and industry-validated & statistically-upheld market forecast. Verified and suitable set of assumptions and methodology has been leveraged for developing this comprehensive study. Information and analysis on key market segments incorporated in the report has been delivered in weighted chapters. A thorough analysis has been offered by the report on
- Market Dynamics
- Market Size
- Market Segments
- Demand & Supply Trends
- Current Issues and Challenges
- Companies and Competitor Landscape
- Value Chain
Regional Segments Analyzed Include
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Middle East and Africa (GCC, S. Africa, N. Africa)
Compilation of authentic and first-hand intelligence, insights offered in the report are based on quantitative and qualitative assessment by leading industry experts, and inputs from opinion leaders & industry participants around the value chain. Growth determinants, macroeconomic indicators, and parent market trends have been scrutinized and delivered, coupled with the market attractiveness for each market segment encompassed. Qualitative impact of growth influencers on the market segments across regions has also been mapped by the report.
Highlights from the Report
- Elaborated scenario of the parent market
- Transformations in the market dynamics
- Detailed segmentation of the target market
- Historical, current and forecast market size based on value and volume
- Latest industry developments and trends
- Competition landscape
- Strategies adopted by the market players and product developments made
- Potential and niche segments, along with their regional analysis
- Unbiased analysis on performance of the market
- Up-to-date and must-have intelligence for the market players to enhance and sustain their competitiveness