Playground Sets and Equipment Market Size, Share, and Industry Analysis By Product (Swing Sets, Slides, See-Saws, Merry-Go-Rounds, Playground Climbers, Spring Riders, Tubes, Spinners, and Others), By Category (Kids and Adults), By Application (Public Playgrounds, Residential Playgrounds, Theme Parks, and Others), By Sales Channel (Online Channels, Franchised/Brand Outlets, Modern Trade Stores, and Others), and Regional Forecast till 2032

The global playground sets and equipment market is anticipated to witness significant expansion owing to school and theme park facilities’ preference for installing educational and adventurous theme-based playground equipment. Residential and commercial settings construct playground areas for the public necessities of physical exercise and wellbeing, generating demand for the playground equipment and sets. The increasing importance of physical exercise and outdoor sports among parents is creating the need to install sophisticated playground sets in these settings.

The limited operations of theme parks, schools, and public grounds due to the government-imposed lockdown restrictions during COVID-19 pandemic have significantly impacted the global playground equipment sales. In addition, the incidences of closure of equipment manufacturing facilities, playground sets supply chain disruption, and limited access to franchised equipment outlets due to lockdown restrictions hampered the global market growth during the pandemic. 

Playground Sets and Equipment Market Driver

Growing Construction of Public Playgrounds and Theme Parks to Drive Market Growth

Growing infrastructural facilities related to the public playgrounds, theme parks, and recreational centres and their preference for the educational & adventurous playground equipment drive global playground sets and equipment market growth. In addition, growing construction of multi-family residencies and children playground facilities is expected to increase the demand for such products, skyrocketing global market growth. According to the Department of Statistics, Government of New Zealand, by the year ended July 2022, there were 27,287 new multi-unit homes in the New Zealand, 35% up compared to the year ended July 2021.

Playground Sets and Equipment Market Restraint

Higher Equipment Cost to Restrain Market Growth

Higher cost of playground sets and equipment is expected to limit its demand among small-scale residential and commercial settings. In addition, higher repair and maintenance costs of innovative playground equipment is negatively impacting the end use facilities’ spending on new equipment globally.  

Playground Sets and Equipment Market Opportunity

Increasing Adoption of Equipment Supporting Sensory Play to Drive Market Growth

Playgrounds incorporate textured panels, musical instrument, fragrant plants, and other equipment aiding congnitive and physical development of the children. Increasing theme parks’ adoption of such innovative playground equipment skyrocket the global market growth. In addition, growing educational institutes’ adoption of personalized playground sets of thematic designs, interactive touchscreens, and color choices create newer market growth opportunities worldwide. 

Segmentation

Key Insights

The report covers the following key insights:

• Overview of the Global Facility Management Industry
• Supply Chain & Regulatory Analysis
• SWOT Analysis
• Porter's Five Forces Analysis
• Recent Industry Developments – Product Launches, Merger & Acquisition, Joint Venturing, Collaborations, and Partnerships & Expansion

Analysis by Product

By product, the market is segmented into swing sets, slides, see-saws, merry-go-rounds, playground climbers, spring riders, tubes, spinners, and others.

Swing sets are most common equipment, a playground facility installed to aid children in brain exercise and social skills. These equipment are available at affordable prices compared to counterparts. The swing sets segment is expected to hold a major playground sets and equipment market share due to the significant facilities’ demand for such products. In addition, the growing popularity of installing contemporary swings carring a group of children drive swing sets’ segmental growth during the forecast period of 2025-2032.

Analysis by Category

Based on category, the market is bifurcated into kids and adults.

The kids segment is expected to dominate global market in 2024 due to the higher children outdoor physical activities and sports participation rate over adults. In addition, increasing number of kids playgrounds prioritizing imaginative play with small elements of slides, swings, and climbing structures drive kids segmental growth during the forecast period.

Analysis by Application

Based on application, the global market is segmented into public playgrounds, residential playgrounds, theme parks, and others.

The public playgrounds segment is expected to exhibit a significant global market share in 2024. Growing urbanization rate and continual local governmental assistance in building the construction facilities of the public grounds and gardens favor product demand among these settings.

Analysis by Sales Channel

Based on sales channel, the market is segmented into online channels, franchise/brand outlets, modern trade stores, and others.

The modern trade stores segment is expected to exhibit a major market share as facilities can better achieve cheaper orders of playground sets and equipment from the modern trade dealers. Furthermore, growing number of independent retailers offering affordable playground sets drive segmental revenue growth worldwide.

Regional Analysis

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Based on region, the global playground sets and equipment market is classified into North America, Europe, Asia Pacific, South America, and the Middle East & Africa.

North America is expected to exhibit a major global market share in 2024. The U.S. and Canada exhibit significant number of sports clubs, memorials, theme parks, and public grounds prefer installing premium playground equipment. Growing multi-family infrastructure settings in Canada and Mexico favor North American market growth during the forecast period of 2025-2032.

Key Players Covered

• GameTime (U.S.)
• BigToys (U.S.)
• Freenotes Harmony Park (U.S.)
• PLAYCRAFT SYSTEMS (U.S.)
• Superior International Industries (U.S.)
• PlayGlobal (India)
• Hags (Sweden)
• EXTERNAL WORKS (U.K.)
• Regal Sports & Playground Equipment Mfg. Co. (India)
• Landscape Structures Inc. (U.S.)

Key Industry Developments

• In July 2023, Governor Wes Moore, a Maryland, Australia governmental agency allocated USD 100 million budget for the Open Space and Community Parks & Playgrounds programme in the state. The funds enable agency increase the public access to the playground equipment at the location.
• In October 2022, RhinoPlay, an Australian indoor playground equipment supplier, acquired Play Works, a Queensland, Australia-based playground equipment supplier to start working on partnered company’s recent projects of Brisbane City Council’s Frew Park and Westfield Coomera’s playground.