PUBLISHER: TechNavio | PRODUCT CODE: 1384539
PUBLISHER: TechNavio | PRODUCT CODE: 1384539
The bungee jumping equipment market is forecasted to grow by USD 83.59 mn during 2023-2028, accelerating at a CAGR of 10.04% during the forecast period. The report on the bungee jumping equipment market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing tourism and popularity of adventure sports, greater awareness regarding safety equipment, and multiple health benefits of bungee jumping.
Market Scope | |
---|---|
Base Year | 2023 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 9.05% |
CAGR | 10.04% |
Incremental Value | $83.59mn |
Technavio's bungee jumping equipment market is segmented as below:
By Application
By Type
By Geographical Landscape
This study identifies the increasing importance of online reviews in adventure tourism as one of the prime reasons driving the bungee jumping equipment market growth during the next few years. Also, advent of action wearable cameras in adventure sports and technological innovations and improved product features will lead to sizable demand in the market.
The report on the bungee jumping equipment market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading bungee jumping equipment market vendors that include BCI, ClimbingSutra, CobraRope, Excel Fit India, India Bungy, Lexco Cable, Priorfitness, Vertical Safety Systems, Vertige Aventures, Water Zorb, and Zhengzhou BigJoys Amusement CO. LTD.. Also, the bungee jumping equipment market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
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