Market Overview:
The global bungee chairs market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for bungee chairs from home users, as well as commercial establishments such as restaurants and cafes. In addition, the growing popularity of outdoor activities is also propelling the demand for bungee chairs, thereby driving the growth of this market. On the basis of type, the global bungee chairs market can be segmented into locking mechanism and non-locking mechanism types. The locking mechanism type is expected to account for a larger share of this market in 2018 owing to its superior features such as safety and durability. On the basis of application, this market can be segmented into home use, go out and other applications segments. The home use segment is anticipated to hold a dominant position in terms of revenue contribution during 2018-2030 owing to rising consumer preference for comfort seating options in their homes.
Product Definition:
Bungee chairs are chairs that have cords or straps made of elastic material stretched between the chair's legs and around its back. They are used to provide support for the user and as a way to keep them in the chair. Bungee chairs are often used as camping or outdoor chairs because they can be easily packed up and transported, but they also have many uses indoors.
with Locking Mechanism:
Locking mechanism is a device or feature that provides security to the product. It can be in the form of a button, lever, wheel, chain or any combination of these elements. The locking mechanism prevents unauthorized access to the equipment and ensures safety while traveling. Bungee chairs are no exception to this rule as they too have locking mechanisms for added security and safety while using it around children and pets at home as well as in offices parks etc.
without Locking Mechanism:
The mechanism without locking mechanism is used in Bungee Chairs. The main function of this mechanism is to provide safety and security to the user by preventing accidental fall. In other words, it helps in keeping the chair steady during sudden movements or shocks.
This type of seat lock system has no switches or buttons; instead, there are rods that connect into place on each side of the seat post (or frame).
Application Insights:
The other application segment includes commercial use. The growing trend of extreme sports is driving the demand for such chairs in the go out application. Bungee jumping is gaining popularity as a recreational activity owing to its daredevil nature and high thrill factor. However, it remains a niche market as compared to other forms of recreation such as skiing and rollerblading.
The home use segment held around 54% share of the global revenue in 2017 due to increasing disposable income among consumers, especially in emerging economies including China, India and Brazil. Moreover, easy availability of loans has enabled consumers to afford these products at affordable rates from online retailers which has boosted their consumption rate at home settings thus accounting for a major share of this segment globally.
Regional Analysis:
North America dominated the market in 2017 owing to presence of a large number of Bungee Chair providers and high adoption rate for innovative products. The region is expected to maintain its dominance over the forecast period as well. This can be attributed to increasing awareness regarding health, safety, and comfort while sitting or lying down. Increasing obesity has also led consumers to opt for these chairs due to their ability to reduce weight by consuming physical activities such as jumping from heights which helps in reducing stress on joints and muscles resulting into improved health outcomes.
Asia Pacific is anticipated have significant growth over the forecast period owing with growing interest of manufacturers towards providing unique products that help improve user experience while performing daily tasks such as office work or leisure time activities such as bungee jumping at places like malls, stadiums, etc.
Growth Factors:
- Increasing demand for comfort and leisure activities
- Rising disposable income of consumers
- Growing popularity of outdoor recreational activities
- Proliferation of e-commerce platforms
- Advent of new product variants
Scope Of The Report
Report Attributes
Report Details
Report Title
Bungee Chairs Market Research Report
By Type
with Locking Mechanism, without Locking Mechanism
By Application
Home use, Go Out, Other
By Companies
Bunjo, Campzio, Delta, Giantex, Goplus, Grovelane, Impact Canopy, Imperial, Urban Shop, Zenithen
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
130
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.
Global Bungee Chairs Market Report Segments:
The global Bungee Chairs market is segmented on the basis of:
Types
with Locking Mechanism, without Locking Mechanism
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Home use, Go Out, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Bunjo
- Campzio
- Delta
- Giantex
- Goplus
- Grovelane
- Impact Canopy
- Imperial
- Urban Shop
- Zenithen
Highlights of The Bungee Chairs Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- with Locking Mechanism
- without Locking Mechanism
- By Application:
- Home use
- Go Out
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Bungee Chairs Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Bungee chairs are a type of amusement park ride that uses elastic cords to suspend riders from a platform. The cords are attached to the chair at either end, and when the rider pulls on one cord, it causes the other cord to stretch and pull the rider up towards the platform.
Some of the major companies in the bungee chairs market are Bunjo, Campzio, Delta, Giantex, Goplus, Grovelane, Impact Canopy, Imperial, Urban Shop, Zenithen.
The bungee chairs market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bungee Chairs Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Bungee Chairs Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Bungee Chairs Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Bungee Chairs Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Bungee Chairs Market Size & Forecast, 2020-2028 4.5.1 Bungee Chairs Market Size and Y-o-Y Growth 4.5.2 Bungee Chairs Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 with Locking Mechanism
5.2.2 without Locking Mechanism
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Home use
6.2.2 Go Out
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bungee Chairs Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Bungee Chairs Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 with Locking Mechanism
9.6.2 without Locking Mechanism
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Home use
9.10.2 Go Out
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 with Locking Mechanism
10.6.2 without Locking Mechanism
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Home use
10.10.2 Go Out
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 with Locking Mechanism
11.6.2 without Locking Mechanism
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Home use
11.10.2 Go Out
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 with Locking Mechanism
12.6.2 without Locking Mechanism
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Home use
12.10.2 Go Out
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 with Locking Mechanism
13.6.2 without Locking Mechanism
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Home use
13.10.2 Go Out
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Bungee Chairs Market: Competitive Dashboard
14.2 Global Bungee Chairs Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bunjo
14.3.2 Campzio
14.3.3 Delta
14.3.4 Giantex
14.3.5 Goplus
14.3.6 Grovelane
14.3.7 Impact Canopy
14.3.8 Imperial
14.3.9 Urban Shop
14.3.10 Zenithen