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.
The report provides a full list of key companies, their strategies, and the latest developments. Download Free Sample before buying
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.
Technavio Research experts have provided more insights on the market share of segments – View the Free Sample Report
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.For details on companies and their offerings – Buy a report!
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.
Related Reports
The global paragliding equipment market size is estimated to grow by USD 200.74 million at a CAGR of 9.1% between 2023 and 2028.
The global bodyboard market size is estimated to grow by USD 81.54 million at a CAGR of 5.25% between 2023 and 2028
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
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact US:
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/bounce-house-market-to-grow-by-usd-810-16-billion-4-82-yoy-growth-expected-in-2024–north-america-to-notice-maximum-growth—technavio-302046656.html
SOURCE Technavio