RAIPUR, India, December 16, 2021 /PRNewswire/ — Stratview Search announces the launch of a new research report on climbing equipment market by product type (Harness, portable equipment [Shoes, Helmet], carabiner, belay and passive protection), by channel type (online and offline), and by region (North America, Europe, Asia Pacific, and Rest of the World), Size, Trend, Forecast, Competitive Analysis and Growth Opportunity: 2021-2026.
This Strategic Assessment Report, from Stratview Research, provides a comprehensive analysis that reflects current climbing equipment market realities and future market possibilities for the forecast period of 2021 to 2026. The report segments and analyzes the market in the most detailed way to provide a panoramic view of the market. The vital data/information provided in the report can play a crucial role for market players as well as investors in identifying the low hanging fruits available in the market as well as in formulating growth strategies.
Climbing Equipment Market: Report Highlights
Rock climbing is rapidly gaining popularity as one of the most effective ways for people to increase muscle strength and endurance. It incorporates both cardio and strength exercises into one workout. Rock climbing is a high intensity physical activity that helps burn calories. This activity has a significant effect on several distinct muscles in the body, including the abs, obliques, deltoids, traps, biceps, lats, quadriceps, calves, among others.
Climbing ropes, harnesses and other climbing equipment (such as belays and carabiners) are used in rock climbing. Rock climbing is a physically and mentally challenging sport that often tests a climber’s endurance, agility, strength and balance, as well as mental control. The demand for climbing equipment will increase as the number of climbing tournaments increases around the world. There are several forms of rock climbing activities that exist across the world, including assisted climbing, bouldering, free climbing, sport climbing, and multi-pitch climbing.
The global climbing equipment market has seen decent growth over the past decade; however, the sudden outbreak of COVID-19 caused the market to drop considerably due to the severe decline in the economy. However, with a significant rebound expected in 2021, the near-term market outlook looks promising and is expected to grow at a healthy CAGR of 4.1% to reach $980.5 million by 2026.
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Based on product type, the climbing equipment market is segmented into harness, wearable equipment, carabiner, belay and passive protection. Despite a dip in 2020, portable equipment is expected to dominate as well as the fastest growing segment over the forecast period. Shoes and helmets are largely purchased for climbing, as they protect climbers.
At the regional level, Europe is expected to remain the largest market for climbing equipment during the forecast period due to the existence of a large number of professional mountaineers in the region. France, Austria, the United Kingdom and Germany are the main markets for Europe and should soon drive demand for climbing gear in the region. The climbing equipment market in North America is also expected to grow at a significant rate over the projected period, due to increased interest in rock climbing among the population.
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The major players in the climbing equipment market are Arc’teryx (American sports), Black Diamond (Clarus Corporation), Camp United States, DMM International Ltd., Edelrid GmbH & Co. KG (VAUDE group), Kailas, Mammut, Petzl, Salewa (OBERALP) and Trango.
This report provides market insights in the most comprehensive way. The structure of the report has been kept to provide maximum business value. It provides essential insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those looking to enter the market. Here are the main features of the report:
- Market Structure: Overview, Industry Life Cycle Analysis, Supply Chain Analysis.
- Market Environment Analysis: Growth Drivers and Restraints, Porter’s Five Forces Analysis, SWOT Analysis.
- Market trend and forecast analysis.
- Market segment trend and forecast.
- Competitive landscape and dynamics: market shares, product portfolio, product launches, etc.
- Attractive market segments and associated growth opportunities.
- Emerging trends.
- Strategic growth opportunities for existing and new players.
- Key factors of success.
This report studies the world climbing equipment market and has segmented the market in three ways, keeping in mind the interest of all stakeholders in the value chain. Here are the three ways the market is segmented:
Climbing Equipment Market, By Product Type
- Harness (Regional analysis: North America, Europe, Asia Pacific, and grip)
- Wearable equipment
- (Regional analysis: North America, Europe, Asia Pacific, and grip)
- (Analysis of the type of wearable equipment: shoes, helmet)
- To assure (Regional analysis: North America, Europe, Asia Pacific, and grip)
- Carabiners (Regional analysis: North America, Europe, Asia Pacific, and grip)
- Passive Protection (Regional analysis: North America, Europe, Asia Pacific, and grip)
Climbing Equipment Market, By Channel Type
- In line (Regional analysis: North America, Europe, Asia Pacific, and grip)
- Offline (Regional analysis: North America, Europe, Asia Pacific, and grip)
Climbing Equipment Market, By Region
- North America (Country analysis: the United States and Canada)
- Europe (Analysis by country: Austria, Germany, France, Great Britain, Spain, and Rest of Europe)
- Asia Pacific (Analysis by country: Japan, China, India, and Rest of Asia Pacific)
- Rest of the world (Analysis by country: Brazil, United Arab Emirates and others)
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