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WILMINGTON, Del., Sept. 9, 2024 /PRNewswire/ — Allied Market Research published a report, titled, “Trampoline Market by Type (Indoor, Outdoor), Size (Large, Medium, and Mini), Application (Residential and Commercial), Consumer Orientation (Children and Adults), and Distribution Channel (Specialty Stores, Hypermarkets, E-Commerce, and Others): Global Opportunity Analysis and Industry Forecast, 2024-2035″. According to the report, the “trampoline market” was valued at $884.9 million in 2023, and is estimated to reach $1.5 billion by 2035, growing at a CAGR of 4.6% from 2024 to 2035.

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Prime determinants of growth

The trampoline market is expanding due to several important factors. The growing popularity of trampolines as an enjoyable form of physical exercise is a result of people’s increased awareness of health and fitness, especially among children and adolescents. The popularity of trampoline parks along with the growth in sports and leisure activities has further stimulated market expansion. Trampolines have also become more consumer-friendly due to design and safety feature advancements. However, concerns about accidents and safety might prevent the market from expanding.

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The outdoor segment to maintain its leadership status throughout the forecast period.

By type, the outdoor segment held the highest market share in 2023, accounting for nearly two-thirds of the trampoline market share and is estimated to maintain its leadership status throughout the forecast period. This segment is expected to showcase the fastest CAGR of 4.7% during the forecast period. The growing demand from consumers for outdoor recreational activities is driving considerable growth in the outdoor trampoline market. These robust and safe trampolines are a common sight in residential areas, particularly in backyards. The demand for engaging, family-friendly entertainment options is fueling the trend.

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The large segment to maintain its leadership status throughout the forecast period.

By size, the large segment held the highest market share in 2023, accounting for two-fifths of the trampoline market revenue and is estimated to maintain its leadership status throughout the forecast period. The market for trampolines is expected to have significant development in the large size segment since consumers are becoming increasingly used to employing vast trampolines, especially for outdoor recreational activities and family use. The mini segment, however, showcases the fastest CAGR of 5.0% during the forecast period. The growing trend of indoor exercises and space-saving requirements have led to a surge in demand for home fitness equipment, which has given rise to the mini trampoline segment, which is renowned for its mini design.

The commercial segment to maintain its leadership status throughout the forecast period.

By application, the commercial segment held the highest market share in 2023, accounting for more than two-thirds of the trampoline market revenue and is estimated to maintain its leadership status throughout the forecast period. This segment is expected to showcase the fastest CAGR of 4.7% during the forecast period. Large-scale installations in recreation centers, fitness centers, and trampoline parks are the main emphasis of the commercial trampoline market. It places a strong emphasis on robust, spacious designs fit for frequent use. Innovations in safety features, a rise in the market for multifunctional models, and a rising focus on user experience and engagement in commercial environments are some of the main trends.

The adults segment to maintain its leadership status throughout the forecast period.

By consumer orientation, the adults segment held the highest market share in 2023, accounting for more than two-thirds of the trampoline market revenue and is estimated to maintain its leadership status throughout the forecast period. The adult market for trampolines is growing, with a focus on wellness, recreational activities, and physical exercise. Adult-specific trampolines prioritize durability, innovative safety features, and greater weight capacities. This shift promotes adults looking for enjoyable, stress-relieving, low-impact exercise, which increases the market’s attractiveness and expansion. The children segment, however, showcases the fastest CAGR of 5.1% during the forecast period. Children are the primary consumers in the trampoline market, driving the need for interactive elements, colorful designs, and safety features. Manufacturers emphasize these features to attract both parents and young consumers.

The specialty stores segment to maintain its leadership status throughout the forecast period.

By distribution channel, the specialty stores segment held the highest market share in 2023, accounting for one-third of the trampoline market revenue and is estimated to maintain its leadership status throughout the forecast period. In the trampoline market, specialty stores provide a selection of expensive, higher-quality products. These stores serve high-end customers and enthusiasts by offering personalized advice, individualized service, and unique brands. The e-commerce segment is expected to showcase the fastest CAGR of 5.1% during the forecast period. E-commerce, which offers ease and a broad reach, is becoming more significant in the trampoline market. Through digital channels, online platforms drive market growth by making it easier to compare, buy, and deliver trampolines.

North America to maintain its dominance by 2035

Based on region, North America held the highest market share in terms of revenue in 2023 and is expected to dominate the market during the forecast period. The market for trampolines in North America is witnessing growth owing to interest in recreational and fitness activities. The increasing popularity of outdoor play and home gyms, together with greater health consciousness, are major driving factors. However, the Asia-Pacific region is expected to witness the fastest CAGR of 5.1% from 2024 to 2035. The market for trampolines in Asia-Pacific is expanding rapidly because of increased disposable incomes, an increase in recreational activities, and greater awareness of the advantages of fitness. With developing markets in Southeast Asia and India, China and Japan are in the lead.

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Leading Market Players: –

• Skywalker Holdings LLC
• Multiplay International Ltd.
• Springfree Trampoline Inc.
• Stamina Products Inc.
• JumpSport Inc.
• Vuly Trampolines Pty Ltd.
• Airmaster Trampoline (U.S.)
• Domi Jump Inc.
• Eurotramp Trampoline Kurt Hack GmbH
• Sino Fourstar Group Co. Ltd.

The report provides a detailed analysis of these key players in the trampoline market. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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PALM BEACH, Fla., 8 de septiembre de 2024 /PRNewswire-HISPANIC PR WIRE/ — Global Child y la Liga Mundial de Polo se han unido para filmar una épica aventura de 60 minutos que muestra las mejores experiencias en los Palm Beaches a través de la lente de la sostenibilidad, las aventuras en la naturaleza y el magnífico deporte del Polo.

En este inspirador y espiritual viaje, Augusto Valverde, presentador y fundador del programa de viajes con propósito mejor valorado, se uni ó a Catherine Lidstone (actriz de The Chosen), Grant Ganzi (jugador de la Liga Mundial de Polo) y Melissa Ganzi (jugadora de la Liga Mundial de Polo y fil á ntropa) para crear una aventura conmovedora y llena de adrenalina que incluy ó un salto en paraca í das con Melissa en la Final de la WPL, conservación en los Everglades con Catherine hasta las rodillas en el barro y un ” chukker ” al atardecer de polo con Grant.

Este es el ú ltimo é xito de Global Child ” Travel & Purpose” , que ha tenido un r á pido ascenso en 2024, superando los 350 millones de impresiones en plataformas importantes como ReachTV, que programa la mayor í a de las pantallas de los aeropuertos en los EE. UU., y transmiti é ndose en plataformas como Tubi, Vizio, Peacock, MLux, VIX y sistemas de entretenimiento en vuelo para aerol í neas como Emirates y LATAM. Su equipo de producció n para este é pico programa de televisi ón fue ChukkerTV (CTV Sports), dirigido por el l í der de la industria Mike Ferreira.

El componente de propósito incluy ó a Augusto como voluntario para presentar un conmovedor concierto ben é fico con el Miami Music Project, conservación con Benjamin Studt y el incre í ble equipo del condado de Palm Beach, y aspectos destacados de sostenibilidad con el galardonado Four Seasons Resort Palm Beach.

Si despu é s de ver esta é pica aventura quieres experimentar el Polo por ti mismo, no te puedes perder la famosa Copa Mundial de Polo en Miami Beach del 14 al 17 de noviembre y el Campeonato Mundial de Polo sobre Nieve del 18 al 19 de diciembre.

Puedes disfrutar de Global Child ” Travel & Purpose” en plataformas de streaming principales, grandes aeropuertos y sistemas de entretenimiento en vuelo. Descubre m á s en GlobalChildTV.com

CONTACTO: [email protected]

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FUENTE Global Child

PALM BEACH, Fla., Sept. 8, 2024 /PRNewswire/ — Global Child and the World Polo League teamed up to film an epic 60 minute adventure that showcased the best experiences in the Palm Beaches through the lens of sustainability, nature adventures and the magnificent sport of Polo. 

On this inspirational and faith filled journey, Augusto Valverde host and founder of the top rated purpose driven travel show, teamed up with Catherine Lidstone (Actress-The Chosen), Grant Ganzi (World Polo League Player) and Melissa Ganzi (World Polo League Player & Philanthropist) to craft a moving and adrenaline filled adventure that included skydiving with Melissa on the WPL Final, Everglades knee-deep in mud conservation with Catherine and a polo sunset “chukker” with Grant.

This is the latest success for Global Child “Travel & Purpose”, which has been on a rapid ascending ride in 2024, passing 350 Million impressions on major platforms like ReachTV which programs most major airport screens in the USA, streaming on platforms like Tubi, Vizio, Peacock, MLux, VIX and inflight systems for airlines like Emirate & LATAM. Their production teammate for this epic television program was ChukkerTV (CTV Sports) headed up by industry leader Mike Ferreira.

The purpose piece included Augusto volunteering to host a moving charity concert with the Miami Music Project, conservation with Benjamin Studt with the amazing Palm Beach County team and sustainability highlights with the award winning Four Seasons Resort Palm Beach.

If after watching this epic adventure you want to experience Polo for yourself, you can’t miss the famous Miami Beach Polo World Cup November 14-17 and World Snow Polo Championship December 18-19th.

You can enjoy Global Child “Travel & Purpose” on major streaming platforms, major airports and in flight entertainment systems. Discover more at GlobalChildTV.com.

CONTACT: [email protected]

SOURCE Global Child

Promotional video lights up iconic screens in major cities worldwide

BEIJING, Sept. 7, 2024 /PRNewswire/ — On September 10, 2024, Hefei, the capital of Anhui province, will host the opening ceremony of the 14th Anhui International Culture and Tourism Festival. The festival serves as a crucial platform for integrating cultural expression with tourism and fostering international collaboration. This year, it endeavors to present Anhui’s cultural richness and scenic beauty to an international audience through a series of cultural performances and tourism events.

In preparation, Anhui’s culture and tourism officials have deepened their partnership with CCTV.com, connecting with an extensive network that includes more than 200 prominent media outlets worldwide, among them CGTN, the Associated Press, and digital giants like Yahoo, Facebook, and YouTube. The strategic media collaboration aims to blend traditional broadcasting with digital media, enriching the viewer’s experience by combining in-person activities with online engagement. So far, the festival’s content has generated over 32 million views across these platforms, with CCTV’s comprehensive media network alone attracting over 14 million views and garnering upwards of 300,000 likes.

To broaden the appeal of “Beautiful Anhui, Welcoming Guests Worldwide,” the culture and tourism authorities in Anhui are rolling out a comprehensive series of promotions, both online and offline, designed to boost visibility and engagement. Starting today, they are launching the campaign with dynamic displays on outdoor megascreens in 11 major domestic and international cities, among them New York, Beijing, Shanghai, Guangzhou and Shenzhen. These visual invitations beckon travelers from around the globe to discover Anhui’s charm.

In addition to the eye-catching screens, the campaign includes interactive online events on Weibo, featuring exciting prize giveaways that are sure to draw attention. The festivities kick off with a retweet competition running from September 5 to 9, followed by a “Guessing the Screen” that begins on September 10, the day of the festival’s opening ceremony. The engagement deepens with a series of interactive events on large public screens, offering participants the chance to win major awards.

Anhui, with its stunning landscapes and deep cultural roots, extends a heartfelt invitation to travelers worldwide who savor life and beauty. As autumn casts its golden glow, Anhui offers a perfect backdrop for a memorable journey.

SOURCE CCTV.com

NEW YORK, Sept. 6, 2024 /PRNewswire/ — Report with market evolution powered by AI- The global luxury yacht market  size is estimated to grow by USD 5.22 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  8.61%  during the forecast period.  Increase in recreational tourism is driving market growth, with a trend towards use of advanced materials. However, high cost of operations  poses a challenge. Key market players include Alexander Marine International Co Ltd., Azimut Benetti SpA, Christensen Shipyards LLC, Damen Shipyards Group, Feadship Holland BV, FERRETTI SpA, Fincantieri Spa, Fr. Lurssen Werft GmbH, Heesen Yachts Sales BV, Horizon Yacht USA, Next Yacht Group S.r.l, Nobiskrug Yachts GmbH, Oceanco SAM, Overmarine Group Spa, Palmer Johnson, Palumbo Group Spa, Perini Navi Spa, Sanlorenzo Spa, Viking Yacht Co., and Westport Yachts.

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Key Market Trends Fueling Growth

The luxury yacht market is witnessing significant growth due to the increasing adoption of advanced materials, particularly carbon fiber, in yacht manufacturing. Traditional yachts are often built using steel or aluminum, which adds weight and reduces fuel economy. However, carbon fiber extensively reduces a yacht’s weight, making it faster and more fuel-efficient. Although carbon fiber has a higher manufacturing cost than steel or aluminum, the cost savings from improved fuel economy offset this expense. Additionally, carbon fiber provides increased strength and durability, enabling yachts to withstand harsh sea conditions. Notable collaborations, such as Azimut Benetti Spa and Loro Piana’s partnership in 2021, further fuel the market’s growth as high-end brands embrace the benefits of carbon fiber in luxury yacht production. 

The luxury yacht market is experiencing significant growth, with sales of superyachts, mega yachts, and luxury boat rentals on the rise. Top luxury yacht builders are focusing on innovative designs and amenities, including high-end yacht interiors, advanced technology, and luxurious features. Yacht lifestyle is a major trend, with yacht parties, events, and vacations becoming increasingly popular. Entities like yacht clubs and brokers play crucial roles in facilitating yacht ownership and charters. Brands are competing to offer the most luxurious yachts, with prices reaching new heights at yacht auctions. Length, motors, and materials like woods and fiber reinforced polymers are key considerations for yacht construction. The shipping sector and yacht tourism contribute significantly to economic activity and traveling activities, crossing international borders. Yacht insurance, maintenance, refurbishment, customization, accessories, navigation, and propulsion are essential aspects of yacht ownership. 

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Market Challenges

• Luxury motor yachts offer every modern convenience onboard, including air conditioning, television, navigation aids, radar, echo-sounding, and autopilot. To power these amenities and sail at speeds up to 70 knots, motor yachts use large gasoline or diesel-powered internal combustion engines (ICEs). However, the high fuel requirements and operational costs of these engines make luxury motor yachts more expensive to operate and fuel than sail yachts. For instance, refueling a large Sunseeker Yacht can cost over USD50,000 each time. The high operational costs limit the commercial use of luxury motor yachts, as their private operation is less common. Additionally, the choice of chartered holiday destinations and services can vary greatly, requiring chartered service providers to offer differentiated services to meet unique customer demands. Multiple brokers may be involved in enhancing business opportunities, increasing operational costs and complexities. Leasing a large yacht can cost USD50,000–USD55,000 per week, making the high cost of operation a significant hindrance to market growth during the forecast period.

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Segment Overview 

This luxury yacht market report extensively covers market segmentation by

1. Type 

• 1.1 Sail yachts
• 1.2 Motor yachts

• 2.1 Commercial
• 2.2 Private

• 3.1 Europe
• 3.2 APAC
• 3.3 North America
• 3.4 South America
• 3.5 Middle East and Africa

1.1 Sail yachts-  Luxury sail yachts, measuring 80 feet or longer, offer an exclusive experience with their traditional sailing capabilities and modern conveniences. Though auxiliary engines provide backup power, sails serve as the primary means for propulsion. Factors such as smaller engines, increased automation in production, and fiberglass hulls contribute to lower prices compared to motor yachts. These yachts feature air conditioning, television, navigation aids, radar, echo-sounding, autopilot, computer-controlled electric winches, and reliable power-generating systems. Despite a decreasing market share, the luxury sail yacht segment is projected to grow consistently with a two-digit CAGR due to increasing demand for recreational use. The cost advantage of sail yachts makes them an attractive option for those seeking a leisurely sailing experience.

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Research Analysis

The luxury yacht market is a thriving industry that caters to the affluent and elite, offering unparalleled experiences on the water. Yacht interiors are designed with opulence in mind, featuring high-end materials, custom furnishings, and state-of-the-art technology. Luxury yacht amenities include hot tubs, swimming pools, gyms, spas, and helipads. Yacht features include advanced navigation systems, stabilizers for smooth sailing, and expansive decks for entertaining. Yacht clubs offer exclusive memberships for yacht owners, providing access to marinas, social events, and networking opportunities. Yacht parties and events are popular for celebrating milestones and entertaining guests. Luxury yacht vacations offer privacy, relaxation, and adventure, with destinations ranging from the Mediterranean to the Caribbean. Yacht brokers help facilitate the purchase or sale of luxury yachts, while yacht insurance and maintenance ensure peace of mind for owners. Yacht auctions provide opportunities to buy or sell yachts at competitive prices. Luxury yacht rentals offer access to the yacht lifestyle without the commitment of ownership. Yacht refurbishment and customization allow owners to personalize their vessels, while yacht accessories add functionality and style. Yacht navigation systems provide safety and convenience for captains and crews.

Market Research Overview

Luxury yachts represent the pinnacle of nautical innovation and design, offering unparalleled comfort, style, and livability on the water. From motors to sailing luxury yachts, these vessels come in various lengths, including mega yachts and superyachts, and are often chartered for vacations or rented for special events. Yacht interiors are adorned with the finest materials, such as woods and fiber reinforced polymers, while amenities and features cater to the ultimate yacht lifestyle. Yacht design and technology continue to evolve, focusing on light weight, speed, fuel consumption, stiffness, and corrosion resistance. Entities such as yacht clubs and brokers facilitate ownership and rental experiences, while yacht auctions and insurance provide essential services for yacht maintenance, refurbishment, and customization. The luxury yacht market contributes significantly to economic activity in the shipping sector and borders, offering unique traveling experiences and fueling the growth of yacht tourism.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

• Type
• Application
• Geography
• Europe
• APAC
• North America
• South America
• Middle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio

JACKSONVILLE, Fla. and HOLLYWOOD, Fla., Sept. 6, 2024 /PRNewswire/ — The Jacksonville Jaguars and Hard Rock Digital today announced a partnership to make Hard Rock Bet the official sportsbook of the Jaguars. The 2024 season will mark the first season kickoff with legal sports betting in Florida, and as Florida’s only legal sportsbook, Hard Rock Bet will elevate game days with exclusive promotions and experiences for its players and Jaguars fans in Northeast Florida and beyond.

“We’re always looking for innovative ways to provide Jaguars fans with unique opportunities and entertaining experiences,” said Scott Massey, Jaguars senior vice president of corporate partnerships. “Through our partnership with Hard Rock Bet, Jags fans will have access to a best-in-class sportsbook app, free-to-play casino games, and chances to make ‘money-can’t-buy’ memories.”