Global children playground equipment market is expected to witness a massive growth in the forecast period. Children purely love to play with other kids and go to a playground where they can spend hours climbing, running and doing almost all kinds of activities and play around the playground equipment sets. Playground equipment refers to the ones that are intended for the usage in play areas of parks, schools, childcare facilities, institutions, multiple family dwellings, restaurants, resorts, and recreational developments, and other areas of public use.
The demand for children playground equipment has been increasing due to the development of social economy and enhancement of living standard. To evade obesity in children, playground equipment’s are a must as children cannot be enticed to work out the way adults do. Playground equipment’s are amusing to children and along with this, it helps them to exercise their arms legs and shoulders. These are some of the most significant dynamics that are helping the children playground equipment market to grow at a faster pace as parents are looking forward to engaging their children more into the playground and its equipment’s in the digitalized era.
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Looking at the growth speed, the existing, as well as the new investors, have started investing vastly for the manufacturers to come up with some more thrilling playground equipment’s so that more and more children get involved in the outdoor activities. This is one of the major reason that will massively surge the progress of the children playground equipment market during the estimated time span.
The market is segmented on the basis of product (monkey bars, sand bars, climbing equipment’s, swings & slides, balance equipment, motion & spinning, others); by applications (commercial playgrounds, theme play systems) and by region (North America, Europe, Asia Pacific, Southeast Asia, Middle East & Africa).
Among the mentioned regions, key players from North America are the most substantial leaders in the children playground equipment market globally. Following the path, Europe is likely to dominate the market dynamically as the manufacturers in this region are continuously coming up with advanced technologies and innovations, which in the current scenario is increasing the growth graph of the market. The Asia Pacific has a large scope, as well as space in the market, due to its bigger gap that is created between the international and local brands on the pricing. This is the major reason for the region to witness a steady decline. Overall, market will show a trend of balanced growth in the forthcoming years. In the near future, market will continue to come up with some extraordinary product innovations to attract new consumers and investors, for them to continue the domination.
Some of the significant key players outlined in the children playground equipment market are Playpower, PlayCore, e.Beckmann, Childforms, ABC-Team and DYNAMO, Kompan, Inc., Structures, Kaiqi, Landscape, SportsPlay, ELI and Henderson. All the leading companies are including mergers and acquisitions, partnerships and joint ventures to enhance the market growth efficiently.
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Leading players of Children Playground Equipment including:
• Kompan, Inc.
• ABC-Team and DYNAMO
Market split by Type, can be divided into:
• Monkey Bars
• Climbing Equipment
• Swings and Slides
• Balance Equipment
• Motion and Spinning
Market split by Application, can be divided into:
• Commercial Playgrounds
• Theme Play Systems
Market split by Sales Channel, can be divided into:
• Direct Channel
• Distribution Channel
Market segment by Region/Country including:
• North America (United States, Canada and Mexico)
• Europe (Germany, UK, France, Italy, Russia and Spain etc.)
• Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)
• South America Brazil, Argentina, Colombia and Chile etc.)
• Middle East & Africa (South Africa, Egypt, Nigeria and Saudi Arabia etc.)
Related Reports of this Category available at Million Insights: https://www.millioninsights.com/industry/sporting-foods-and-equipment
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