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Playground Sets and Equipment Market

Playground Sets And Equipment Market Analysis Report By Component Type (Slides, Swing Sets, See-Saws, Others), By Application (Schools, Churches, Daycare, Others), By Sales Channel Type & By Region - Global Market Insights 2022 To 2032

Analysis of Playground Sets and Equipment Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

Playground Sets and Equipment Market Outlook (2022-2032)

The global playground sets and equipment market is valued at USD 5.53 Billion in 2022. The market is expected to surpass the valuation of USD 10.88 Billion by the end of 2032. The industry is anticipated to grow with a CAGR of 7% in the forecast period.

The importance of outdoor games in the development of the child is propelling demand for playgrounds and sports equipment. 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.

There are advancements in present times in terms of technology which makes equipment and playground sets of sturdy materials. In addition to this playground, sets are installed in schools and commercial places. Playground sets and equipment are available in various sizes and designs.

Report Attributes

Details

Market size (2022 A)

USD 5.53 Billion

Base Year for Estimation

2022

Forecast duration for this research

2022-2032

Forecasted Market value (2032 F)

USD 10.88 Billion

Global Market Growth rate (2022-2032 E)

CAGR of 7%

Key Companies Profiled

  • BigToys
  • American Parks Company
  • APCPLAY
  • BCI Burke Company
  • LLC, Detailed Play Pro
  • Miracle Recreation
  • Equipment Company
  • Grounds For Play
  • KOMPAN A/S

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Market Dynamics: Drivers

The key driving factor for the global playground sets and equipment market is 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.

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 toward 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.

The rapid growth in urbanization is driving growth in this industry. The population transforming in terms of rural to urban regions. This has an impact on the increase in the working women population. The double income families are anticipated to gain traction in the coming years which is likely to propel the demand for this market. There is a considerable increase in gardens likely to foster demand for these markets.

People are increasingly participating in recreational activities or taking up sports that involve intensive physical activity in order to live a healthy life and maintain body fitness. Therefore, sports continue to gain prominence as an active and passive source of entertainment across the globe.

This, in turn, is making a positive influence on the demand for sports accessories. Over the years, consumer spending on sportswear and accessories has escalated, which is encouraging brands to come up with new and innovative products. Factors such as such are expected to reflect favorably on the future prospects of the global sports accessories market.

Furthermore, the rapidly growing e-commerce industry is one of the key factors that help 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 playground sets and equipment products will hinder the global playground sets and equipment market to grow over the forecast period.

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Market Dynamics: Restraints

With the advent of technology, the sports sector faces challenges in keeping pace with advancement. The millennials spend time on phones and their lifestyle invests their time in social media which prevents them from going outdoors for games. This is likely to impact the demand for playground sets. The recent pandemic has affected the market badly owing to the persistent lockdown and restrictions on traveling. As people could not spend more time on the ground which did not allow new sales in pieces of equipment. The market has stagnant and got a negative impact of the pandemic on the industry.

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Segment wise Insights

Based on the type of equipment the market is segmented into monkey bars and swings dominate the market share. Motion and spinning are the second equipment type that is holding a major share in the upcoming time.

Based on the application, the market is divided into commercial and adult outdoor fitness equipment. The commercial segment is dominating as the market favours playground sets in urban or crowded spaces.

On the basis of sales channels, third-party and direct-to-customer online channels 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 high growth in the global playground sets and equipment market over the forecast period.

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, the Middle East, and Africa. Among the above-mentioned regions, North America accounts for a high market share in the global playground sets and equipment market due to the increasing number of play schools along with commercial playgrounds across the region.

Europe is anticipated to see significant growth in the global playground sets and equipment market, owing to the high demand for 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.

Competitive Landscape

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 the 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.

Playground Sets and Equipment Market : Segmentation

  • By Component Type :

    • Slides
    • Swing Sets
    • See-Saws
    • Merry-Go-Rounds
    • Playground Climbers
    • Spring Riders
    • Tubes
    • Free spinners
    • Infant & Toddlers
    • Challengers
    • Other Components
  • By Application Type :

    • Schools
    • Churches
    • Parks & Recreations
    • Daycare
    • Landscape Architects
    • Others
  • By Sales Channel Type :

    • Third-party Online Channel
    • Direct-to-customer Online Channel
    • Franchised outlets
    • Independent Outlets
    • Modern Trades
  • By Region :

    • North America
    • Latin America
    • Europe
    • South Asia
    • East Asia
    • Oceania
    • Middle East & Africa (MEA)
    • Emerging Countries

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Playground Sets and Equipment Market
  • FACT1546MR
  • Status: Ongoing
  • Jan-2023
  • Sports

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The global playground sets and equipment market is valued at USD 5.53 Billion in 2022.

The market is expected to surpass the valuation of USD 10.88 Billion by the end of 2032.

The industry is anticipated to grow with a CAGR of 7% in the forecast period.

The key players in this market are - • BigToys • American Parks Company, • APCPLAY • BCI Burke Company • LLC, Detailed Play Pro • Miracle Recreation • Equipment Company • Grounds For Play

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