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I AgreeAnalysis of Inflatable Ramps market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
The global sports industry is continuously expanding due to the rise in the introduction of innovative games and sports equipment and an increase in consumer engagement in sports activities. There has been a surge in positive view towards sports among the consumers which has been driving the demand for various sports equipment.
As the kids are engaging more in sports activities, there will be a rise in usage of inflatables ramps in outdoor recreational activities. Therefore, the inflatable ramps are expected to gain prominence as the vendors are innovating their products in the sports industry across the globe, which, in turn, is making a positive impact on the demand for inflatable ramps. Presently, waterparks and amusement parks are more focused on offering sports and games that include inflatables and bouncer ramps that come in various forms, such as castle and bounce house, which is encouraging the brands to come up with new and innovative products.
These factors are expected to have a high impact on the prospects of the global inflatable ramps market. Moreover, higher focus on the development of innovative inflatables as well as the rising interest of kids in gaming is also expected to benefit the market in the forthcoming years.
The key vendors in inflatable ramps market are focusing on developing innovative inflatable ramps for kids by adding features such as 3D sports equipment and built-in deflators. Also, the hot-welding technology is used in the production of inflatable ramps in order to minimize the amount of water that can seep inside the inflatables. Due to the innovative and practical styles and designs, as well as excellent product features and quality of inflatable ramps, there is a rise in the adoption of these inflatables ramps across residential and commercial areas.
Examples of some of the key players in the global Inflatable ramps market include
The Asia Pacific region is expected to dominate the inflatable ramps market followed by North America and Europe region. The market in the Asia Pacific is expected to witness higher growth due to the vast presence of inflatable ramps vendors in China.
The demand for inflatable ramps in North America and Europe is increasing due to the increase in usage of varieties of inflatable ramps in water sports and kids events, which is expected to contribute to the growth of inflatable ramps market. The rise in the introduction of innovative inflatable ramps in waterparks is one of the driving factors of inflatable ramps market in the Asia Pacific region. Latin America and MEA are projected to contribute a significant share of the global inflatable ramps market over the forecast period.
For instance, in March 2018, an inflatable waterpark was introduced in Abu Dhabi that includes varieties of inflatable ramps, slides, jumps, balloons, etc. for family entertainment. This introduction of the inflatable waterpark is expected to create growth opportunities for inflatable ramps market in the Middle East region.
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The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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Segmentation Overview
The inflatable ramps market can be segmented on the basis of type, distribution channel, application and region. The inflatable bouncer ramps are most widely used in amusement parks. Also, the rise in the penetration of online stores aids in the growth of inflatable ramps market.
Segmentation of the inflatable ramps market based on type:
Segmentation of the inflatable ramps market based on distribution channel:
Segmentation of the inflatable ramps market based on application:
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Inflatable ramps market is expected to grow at a CAGR of 12.3% during the forecast period.
Introduction of cost-effective inflatable ramps is driving the inflatable ramps market forward.
Waterparks and amusement parks are more focused on offering sports and games that include inflatables and bouncer ramps.