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Bungee Jumping Equipment Market Size By Application, Industry Analysis Report, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa And South America), Growth Potential, Price Trends, Competitive Market Share & Forecast 2023 - 2030

ID : MRU_54056 | Date : Jan, 2023 | Pages : 180 | Region : Global

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Bungee jumping is an extreme adventure sport. In this, a jumper does a free fall from a fixed tall structure like a cliff, bridge, or crane, as well as from a stationary hot-air balloon or helicopter, with the help of a harness and a rubber cord (commonly known as a bungee cord) attached to the body. The jumper bounces back to some extent when the bungee cord rebounds its maximum stretch, and continues to fly up and down until all the kinetic energy is dissipated.
The rising awareness and popularity of fund-raising events for various civic or health issues has resulted in the usage of sport activities as a fundraiser event for noble causes. Nude bungee jumping is one of the latest trends to raise funds for mental health. The privacy of the participants is protected securely. This event is conducted in collaboration with British Columbia Schizophrenia Societies (BCSS) that donate the proceeds towards patients suffering from mental health through various means. This market analysis identifies the increase in adventure sports activities for fundraising purposes as one of the key trends behind the growth of the bungee jumping equipment market.
EMEA will be the major revenue contributor to the bungee cord market. Europe is a thriving tourist destination with a rising participation in outdoor adventure activities, infrastructure development, and the adoption of advanced technologies. Factors such as the rise in disposable incomes of the consumer and the increasing number of working women in this region, contribute to the growth of the bungee jumping equipment market.
The Global Bungee Jumping Equipment Market had reached xxx million USD with a CAGR xx from 2018-2022. Later on, it will go to xxx million USD in 2023 with a CAGR xx % from 2023-2030.

In the global Bungee Jumping Equipment Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.

In Market segmentation by manufacturers, the report covers the following companies-
Adrenaline Dreams
Cobra Rope
Lexco Cable
VER Sales
Novabraid
Taraflex
Victorem

In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types :
Bungee Harnesses
Bungee Cords
Others

In Market segmentation by applications :
Commercial Use
Personal Use

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Bungee Jumping Equipment Market for the forecast period 2023-2030?
• What are the driving forces in the Bungee Jumping Equipment Market for the forecast period 2023-2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Bungee Jumping Equipment industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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