According to our (Global Info Research) latest study, the global Bungee Shock Cord market size was valued at USD 917.8 million in 2023 and is forecast to a readjusted size of USD 1314.3 million by 2030 with a CAGR of 5.3% during review period.
A Bungee Shock Cord is an elastic cord composed of one or more elastic strands forming a core, usually covered in a woven cotton or polypropylene sheath. The sheath does not materially extend elastically, but it is braided with its strands spiralling around the core so that a longitudinal pull causes it to squeeze the core, transmitting the core's elastic compression to the longitudinal extension of the sheath and cord.
A significant factor driving the bungee cord market is the rapid growth of adventure games in developing countries. Because bungee cords are affordable and used as the most comfortable piece of safety equipment, it's one of the few products to choose first before adventure sports. Portability of bungee cords and accessories has led to high growth of the market.
The Global Info Research report includes an overview of the development of the Bungee Shock Cord industry chain, the market status of Bungee Jumping (Heavy Duty Cord, Lightweight Cord), Other Sports (Heavy Duty Cord, Lightweight Cord), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Bungee Shock Cord.
Regionally, the report analyzes the Bungee Shock Cord markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Bungee Shock Cord market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Bungee Shock Cord market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Bungee Shock Cord industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Heavy Duty Cord, Lightweight Cord).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Bungee Shock Cord market.
Regional Analysis: The report involves examining the Bungee Shock Cord market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Bungee Shock Cord market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Bungee Shock Cord:
Company Analysis: Report covers individual Bungee Shock Cord manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Bungee Shock Cord This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Bungee Jumping, Other Sports).
Technology Analysis: Report covers specific technologies relevant to Bungee Shock Cord. It assesses the current state, advancements, and potential future developments in Bungee Shock Cord areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Bungee Shock Cord market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Bungee Shock Cord market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Heavy Duty Cord
Lightweight Cord
Market segment by Application
Bungee Jumping
Other Sports
Major players covered
Hampton Products
Strainrite
Rhino USA
Erickson
GLT Products
Nite Ize
Recmar Products
Kotap
Spidertarp
Reese/Horizon Global Corporation
Huang Buffalo Co., Ltd
Master Lock Company LLC
Starling's
FORTEM
Strapright
Bihlerflex
Better Bungee
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Bungee Shock Cord product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Bungee Shock Cord, with price, sales, revenue and global market share of Bungee Shock Cord from 2019 to 2024.
Chapter 3, the Bungee Shock Cord competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Bungee Shock Cord breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Bungee Shock Cord market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Bungee Shock Cord.
Chapter 14 and 15, to describe Bungee Shock Cord sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Bungee Shock Cord. Industry analysis & Market Report on Bungee Shock Cord is a syndicated market report, published as Global Bungee Shock Cord Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030. It is complete Research Study and Industry Analysis of Bungee Shock Cord market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.