Global Bungee Cords and Accessories Market: Overview
With the rapid growth of adventure sports and recreational sporting, Bungee cords have found an extensive space as a critical source in various adventure sports. A bungee cord is an electric cord, also known as a shock cord that is composed of one or more elastic cord forming a core.
Today, bungee cords are used to secure objects without tying knots. Bungee cords have applications in areas like military, adventure sports, securing tarpaulins and many other applications. Further, the emerging trend of adventure sports amongst the youth is also driving the demand for bungee cords and accessories.
The global market for the bungee cords and accessories consists of small and large manufacturers and is driven by local or regional manufacturers. Since bungee cords are flexible and portable, a single bungee cord can be used for multiple purposes.
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Global Bungee Cords and Accessories Market: Dynamics
A primary factor driving the bungee cords market is the rapid growth of adventure games in developing regions. Since bungee cords are affordable and used as the most comfortable safety equipment, it is one of the first few products picked before venturing out on adventure sports.
The easy portability of bungee cords and accessories has led to the high growth in the market as it can be kept in small spaces and used for multiple purposes. Attributing to the cost-effectiveness and the easy availability of bungee cords and accessories in the developing regions, the bungee cords and accessories have witnessed high growth in the market.
The emergence of bungee jumping as a rapidly growing adventure sporting game is a rising trend in the bungee cords and accessories market. The commercial bungee cords, rope and straps are generally cheaper and have endless uses.
Key questions answered in Bungee Cords and Accessories Market Survey Report:
- What is the current scenario and key trends in Bungee Cords and Accessories Market?
- What are the key strategies companies are adopting to increase their consumer base?
- What are the key categories within the Bungee Cords and Accessories segments and their future potential?
- What are the major Bungee Cords and Accessories Market drivers and their expected impact during the short, medium, and long terms?
- What is the Bungee Cords and Accessories Market size and what are the opportunities for the key players?
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Global Bungee cords and accessories Market: Segmentation
The global bungee cords and accessories market can be segmented on the basis of raw material type as:
- Natural rubber
- Synthetic rubber
- Mixture
The global bungee cords and accessories market can be segmented on the basis of covering type as:
- Cotton yarn
- Nylon Yarn
The global bungee cords and accessories market can be segmented on the basis of design type as:
- Standard cords
- Mil-Spec cords
- Custom Based cords
- Bungee jumping cord
The global bungee cords and accessories market can be segmented on the basis of hook type as:
- Metal hook
- Plastic hook
The global bungee cords and accessories market can be segmented on the basis of end-use as:
- Commercial use
- Military and Defence
- Adventure sports
- Transportation
- Other end-uses
The global bungee cords and accessories market can be segmented on the basis of the sales channel as:
- Retail Stores
- E-Commerce
- Specialty stores
- Modern Trade
- Other sales channel
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