Global Outdoor Playground Equipment Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Outdoor Playground Equipment Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Outdoor playground equipment refers to equipment used in outdoor place, such as parks, schools, childcare facilities, institutions, multi-family residences, resorts and entertainment development projects, and other public use areas. Outdoor playground equipment includes Climbing Equipment, Swings and Slides, Balance Equipment, Motion and Spinning, etc.

Market Overview:

The latest research study on the global Outdoor Playground Equipment market finds that the global Outdoor Playground Equipment market reached a value of USD 3380.19 million in 2022. It’s expected that the market will achieve USD 5625.36 million by 2028, exhibiting a CAGR of 8.86% during the forecast period.

Opportunities and Drivers

In Britain, several organizations help schools and local authorities provide funds to build playgrounds. These include the Biffa Prize funded under the Small Grants Scheme; The fund center provides support for voluntary organizations and social enterprises; And community building fund, which is the flagship project of Norfolk County Council. The government will provide funds to help build the playground, which will increase the demand for Outdoor Playground Equipment and promote the development of Outdoor Playground Equipment industry.
Professionals recognize that social skills developed by children on the playground usually become lifelong skills and continue into adulthood. The independent study concluded that playgrounds are one of the most important environments for children outside the home. Most forms of games are essential for healthy development, but free, spontaneous games (such as those that take place on the playground) are the most beneficial. Exciting, engaging and challenging Outdoor Playground Equipment is essential to keep children happy while developing their learning ability. Outdoor Playground Equipment can promote children's physical and mental development. Children's demand for Outdoor Playground Equipment will promote the development of Outdoor Playground Equipment industry.

Challenges

The playground is usually outdoors, so it is easily affected by the environment and weather, which brings a lot of inconvenience. If it is cold or rainy, it will make children susceptible to colds or flu. Children may get hurt when they are engaged in activities. In any climbing activity, children always have the possibility of losing balance and falling down. With rope ladders and climbing nets, children may get entangled or get stuck in one of the net sheds. Wood and metal climbing equipment will wear and break with age and usage, which will increase the possibility of breaking and cutting. The Outdoor Playground Equipment will inevitably be damaged if it is exposed to the air and the outside for a long time. If the conditions are limited or the inspection is not strict, it may threaten the safety of children. When playing, it is inevitable that children will quarrel, thus causing a certain degree of safety problems. All these factors will affect people's use of Outdoor Playground Equipment, thus limiting the development of Outdoor Playground Equipment industry.

Region Overview:

East Asia had the highest growth rate of all regions.

Company Overview

The top three companies are Playpower, Kompan, Inc., PlayCore, with the revenue market share of 16.20%, 10.07% and 4.47% in 2020.

PlayPower is a fully integrated manufacturer of commercial recreational and leisure products. PlayPower have facilities in Monett, Missouri; Lewisburg, Pennsylvania; Dallas, Texas; Silver Lake, Indiana; Nogales, Mexico; and Sosnowiec, Poland. PlayPower's manufacturing facilities in the United States. Within these spaces, PlayPower brands deliver full manufacturing capabilities in rotational molding, metal fabrication and finishing, woodworking, soft goods assembly, fiberglass molding, and rope design and engineering.

Kompan, Inc. is the world's largest supplier of innovative playground and fitness equipment. Kompan, Inc. specializes in playground solutions, sports and fitness solutions, coordinators, child development studies, general design and custom playground designs.

Segmentation Overview:

By type, Balance Equipment segment accounted for the largest share of market in 2021.

Application Overview:

By application, the Commercial Playgrounds segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Outdoor Playground Equipment market covered in Chapter 3:

Landscape Structures
Henderson
Playpower
Qitele
Forpark Australia
PlayCore
Kaiqi
DYNAMO
Kompan, Inc.

In Chapter 4 and Chapter 14.2, on the basis of types, the Outdoor Playground Equipment market from 2018 to 2029 is primarily split into:

Climbing Equipment
Swings and Slides
Balance Equipment
Motion and Spinning
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Outdoor Playground Equipment market from 2018 to 2029 covers:

Commercial Playgrounds
Theme Play Systems
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)