The global inflatable ball market is anticipated to grow at a considerable CAGR 3% during the forecast period (2022-2028). The growing popularity of fluttering toys among children and parents, due to their versatile design, ease of installation, and attractiveness, is driving the global inflatable ball market. The rising spending by parents on buying innovative and attractive toys for their children to provide them with at-home entertainment is further contributing to the market growth. Inflatable toys are gaining huge traction among parents as they are convenient and suitable for smaller spaces. Moreover, inflatable toys are affordable compared to the conventional ball.
The prevalence of the basketball inflatable castles and slides are being increasingly installed in schools, kindergartens, and parks, as children love playing with these toys, and parents, are also investing in purchasing inflatable houses to provide at-home entertainment to their children. All these factors are driving the inflatable ball market. Some specialty stores usually have trained staff that support customers find the right product and owing to the availability of a variety of products in one place, customers can enjoy a one-stop shopping experience.
Some major players in the market includeIntex Recreation Co., Bestway Inflatables & Material Co., Happy Inflatable Co. Ltd, and HearthSong; Waddle & Friends, Inc., among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market. For instance, in October 2019, Ashley HomeStore inaugurated its 1,000th store in Delaware, the US which will be operated by Barnesballs. The company is focusing on expanding its customer base through offline and online markets, which increased the demand for the inflatable ball market during the forecast period.
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Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Type
- By Application
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape-Formosa Taffeta Co., Ltd., Hexarmor, Nan Ya Plastics Co., Polartec, and Tex-Ray Industrial Co., Ltd., among others.
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Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
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Global Inflatable Ball Market Report by Segment
By Type
- Soccer
- Basketball
- Football
- Volleyball
By Application
- Direct Sale
- Distribution
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