Playground equipment refers to equipment intended for use in the play areas of parks, schools, childcare facilities, institutions, multiple family dwellings, restaurants, resorts, and recreational developments, and other areas of public use.
With the development of social economy and improvement of living standard, the demand of playground equipment constantly increased in these years. In 2017, the global playground equipment market is led by Asia-Pacific, capturing about 44.28% of global playground equipment consumption. North America is the second-largest region-wise market with 25.82% global consumption share. At present, this industry is. The major manufacturers of playground equipment including in PlayCore, Landscape Structures, Kompan, Inc., Playpower, ELI, etc. Henderson.
To increase the profitability and competitiveness, playground equipment manufacturers increased investment in the R&D and product design process. While some manufacturers produce particular playground equipment to fit the consumers’ demands.
The classifications of playground equipment are Monkey Bars, Sandbox, Climbing Equipment, Swings and Slides, etc. It can be widely used in many industries. Survey results showed that 24.94% of the playground equipment market is Swings and Slides in 2016.
According to our research and analysis, manufacturers from North America and Europe are the major leaders in the international market of playground equipment. Manufacturers from China are immature in technology. There is large space in the China market, as well as big gap between international brands and local brands on price.
Conclusively, the playground equipment manufacture industry has an expected future, the markets will still growing over time. So in the next few years, playground equipment production will show a trend of steady growth.
According to this study, over the next five years the Playground Equipment market will register a 10.0% CAGR in terms of revenue, the global market size will reach US$ 7400 million by 2024, from US$ 4180 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Playground Equipment business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Playground Equipment market by product type, application, key manufacturers and key regions and countries.
This study considers the Playground Equipment value and volume generated from the sales of the following segments:
Global Playground Equipment Market report features the major aspect of the market in terms of historic data, current market situations, market demand along with detailed analysis of the key players involved in the market.Playground Equipment Industry report also provides essential attributes associated with Playground Equipment market and act an essential tool to companies active across the value chain and to the newcomer by enabling them to capitalize the opportunities and develop business strategies.
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Global Playground Equipment Market focuses on the, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa.Playground Equipment business report categorizes the market based on manufacturers, regions, type and application. From a global perspective, this report represents Playground Equipment market in-depth outlook by analyzing historical statistics and future prospect.
TOP MOST PLAYERS:
Market Segment by Type, covers:
Swings and Slides
Motion and Spinning
Market Segment by Applications, can be divided into:
Adult Outdoor Fitness Equipment
Theme Play Systems
The prospective of this Playground Equipment industry study delivers the key industry dynamic with respect to driving & limiting factors with their current and expected impact on market growth. Moreover, Playground Equipment present market share and future prospects of the segment in terms of has also been explored in this report.
Global Playground Equipment market report showcases qualitative and quantitative estimation by industry analysts, first-hand data, and assistance from industry experts along with each industry manufacturers by the market valuation. Playground Equipment report also gives extensive analysis of market share, latest industry trends and forecast data analysis with respect to sales revenue, market growth, and demand and supply scenario.
Conclusively, the Playground Equipment Market report provides major statistics on the state of the industry also it is considered as an essential source of guidance and direction for businesses and individuals involved in the market.