Playground Equipment Market

Playground Equipment Market Size Survey Report – In a Glance

As per the survey report on global Playground equipment market, the market is projected to foresee a CAGR of 6.8% between 2024-2033, and further generate a market size of USD 11.3 billion revenue by the end of 2033. In the year 2024, the market size was valued at USD 6.2 billion revenue.

• The global Playground equipment market is projected to grow on account of the rising number of schools across the globe.
• In Japan, the Playground equipment market growth can be attributed to the growing number of kids participating in sports and physical activities.
• KDMI analyst’s growth analysis foresees high cost of equipment installation to challenge the market growth.
• North America, having the highest market share in the Playground equipment market, is projected to dominate the global market.

Playground Equipment Market Analysis

Playground equipment refers to setup and tools crafted for leisure activities or play purposes especially used by children. It is usually fabricated with durable materials such as plastic, wood or metal and is generally situated within schools or parks. Nowadays, educational institutions pay heightened attention to outdoor activities in order to support physical growth and interpersonal development. Therefore, the rising number of schools is significantly driving the playground equipment market. The latest 2024 Education Finance Watch (EFW) report from the World Bank and UNESCO revealed that the total education spending by governments, households and donors has surged persistently across the globe within the last ten years. In addition, the government is also putting efforts to promote physical education and well-being, further creating the demand for playground equipment and boosting the overall market. ABC-Team (US), Childforms (US), E.Beckmann (Germany), are some of the significant parties in the global market for Playground equipment.

Analyst’s Observation on Japan Playground Equipment Market Survey

In Japan, the market growth for Playground equipment can be attributed to the growing number of kids participating in sports and physical activities. From kindergarten to high school, physical education and sports are central to the Japanese school curriculum featuring activities such as gymnastics, swimming and martial arts. Based on the participation frequency in sports and physical activities, those who participated at least three times a week (moderate and high frequency groups) were over 79.8%; and those who participated in sports and physical activities at least seven times a week (high frequency group) were 45.4% (Figure 2-2). Furthermore, half of the children were actively working out, and only about 20% of the children fell into the non-participation group or low frequency group. Hence, the increasing participation frequency of children in sports or any play activities is pushing the overall playground equipment market in the country. Landscape Structures Inc., Kidzlet Play Structures Pvt. Ltd, BigToys, are some of the significant parties in the market for Playground equipment in Japan.

Playground Equipment Market Growth Driver and Challenges

Growth Driver

Rapid urbanization:

In recent times, there is an accelerated urban growth especially in developing countries. This significant shift in population from rural to urban and semi-urban areas is responsible for the proliferation of the playground equipment market. With an increasing number of people residing in urban and semi-urban areas, the demand for playgrounds offering recreational spaces or leisure zones to spend time increases, automatically increasing the requirement for playground sets and equipment. According to a new United Nations data set launched recently, 55% of the world’s population resides in urban areas and this is likely to increase to 68% by 2050. Moreover, the world’s population could add another 2.5 billion people to urban areas by 2050, with around 90% of this increase occurring in Asia and Africa.

Restraint

High cost of equipment installation:

The high cost of installation substantially impedes the development and progress of the playground equipment market. Many schools and other recreational areas deal with monetary challenges while installing quality playgrounds as its expenses include the overall cost of maintenance, installation and safety measures. Many playground equipment manufacturers support the development of a community during the construction process, in which community members construct and configure the play structure. Its positive aspect is this process may save up to 30% of the cost of the playground. Apart from the installation expenses such as site preparation, skilled workforce and quality materials, other factors such as durable designs, customized structures and specialized tools further push up the price.

Playground Equipment Market Segmentation

Our experts at KD Market Insights have segmented the global Playground equipment market research report as:

Playground Equipment Market Regional Synopsis

The North America Playground equipment market is majorly fueled by the growing need for playground equipment in play schools and commercial playgrounds, because of the enhanced focus on physical and mental health and development of children. Additionally, the region is experiencing a rising incidence of childhood obesity further creating the demand for a variety of playground equipment and setups that promote physical activity and intellectual progress. According to a report, 37 million children under the age of 5 were obese and more than 390 million children and adolescents aged 5–19 years were overweight in 2022, out of which 160 million were dealing with obesity.

The Asia Pacific region is foreseen to flourish as the fastest-growing region with a healthy CAGR. This growth is due to the escalating infrastructure development and growing urbanization within the region that fuels the demand for playground equipment. Furthermore, modifying people's lifestyles and increasing disposable income that grants them the ability to spend more on recreational and leisure activities also drives the market for playground sets and equipment. As per findings, urbanization in China increased rapidly and was supposed to experience an urbanization rate of 67% by the end of 2024 and is further expected to reach 75-80% by 2035, eventually spurring the playground equipment market in the region.

As per our analysts at KD Market Insights, the following five players lead the North America Playground equipment market growth:

• ABC-Team (US)
• Henderson (UK)
• Childforms (US)
• SportsPlay (US)
• PlayCore (US)

Playground Equipment Market Competitive Landscape

Some of the key players who top the global Playground equipment market share:

• ABC-Team (US)
• Childforms (US)
• E.Beckmann (Germany)
• ELI (Sweden)
• Henderson (UK)
• Kaiqi (China)
• Kompan Inc. (Australia)
• Mich Playground Equipment (China)
• PlayCore (US)
• Qitele (China)
• SportsPlay (US)
• Tsumura Company (Japan)

1. Executive Summary
   1. Market Overview
   2. Key Findings
   3. Market Trends
   4. Market Outlook
2. Introduction
   1. Scope of the Report
   2. Research Methodology
   3. Definitions and Assumptions
   4. Acronyms and Abbreviations
3. Market Dynamics
   1. Drivers
   2. Restraints
   3. Opportunities
   4. Challenges
4. Global Playground Equipment Market
   1. Market Overview
   2. Market Size and Forecast
   3. Market Segmentation
      1. By Component
      2. By Application
      3. By Sales channel
      4. By Region
5. Market Segmentation by Component
   1. 1. Slides
      2. Swing sets
      3. See-saws
      4. Merry-go-rounds
      5. Playground climbers
      6. Spring riders
      7. Tubes
      8. Free spinners
      9. Infant and toddlers
      10. Others
6. Market Segmentation by Application
   1. 1. Commercial playgrounds
      2. Adult outdoor fitness equipment
      3. Theme play system
      4. Others
7. Market Segmentation by Sales channel
   1. 1. Online channels
      2. Franchised outlets
      3. Independent outlets
      4. Modern trades
8. Regional Analysis
   1. North America
      1. United States
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, Application, and Sales channel
      2. Canada
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, Application, and Sales channel
      3. Mexico
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, Application, and Sales channel
   2. Europe
      1. United Kingdom
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, Application, and Sales channel
      2. Germany
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, Application, and Sales channel
      3. France
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, Application, and Sales channel
      4. Italy
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, Application, and Sales channel
      5. Spain
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, Application, and Sales channel
      6. Rest of Europe
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, Application, and Sales channel
   3. Asia Pacific
      1. China
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, Application, and Sales channel
      2. Japan
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, Application, and Sales channel
      3. India
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, Application, and Sales channel
      4. Australia
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, Application, and Sales channel
         4. South Korea
         5. Market Size and Forecast
         6. Key Trends and Developments
         7. Market Analysis by Component, Application, and Sales channel
      5. Rest of Asia Pacific
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, Application, and Sales channel
   4. Latin America
      1. Brazil
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, Application, and Sales channel
      2. Argentina
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, Application, and Sales channel
      3. Colombia
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, Application, and Sales channel
      4. Rest of Latin America
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, Application, and Sales channel
   5. Middle East & Africa
      1. South Africa
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, Application, and Sales channel
      2. Saudi Arabia
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, Application, and Sales channel
      3. UAE
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, Application, and Sales channel
      4. Rest of Middle East & Africa
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, Application, and Sales channel
9. Competitive Landscape
   1. Market Share Analysis
   2. Company Profiles
   3. Medtronic (Ireland)
   4. IBM
   5. Apple Inc.
   6. Siemens Medical Solutions
   7. Pepperl+Fuchs
   8. Cisco
   9. GE Healthcare
10. Strategic Recommendations
11. Appendix
    1. List of Tables
    2. List of Figures
12. References