Rock Climbing Equipment Market Analysis

Market Insights

The Rock Climbing Equipment Market was valued at US$ 682.7 Million in 2020 and is projected to reach US$ 980.5 Million by 2026, registering a CAGR of 4.1% during the forecast period.

What is rock climbing equipment?

Rock climbing is quickly gaining popularity as one of the most effective ways for people to increase their muscle strength and endurance. It incorporates both cardio and weight training exercises into one workout. Climbing rocks is a high-intensity physical activity that helps to burn calories. This activity has a significant effect on several distinct muscles in the body, including the abs, obliques, delts, traps, biceps, lats, quads, and calves, among others.

Climbing ropes, harnesses, and other climbing equipment (such as belays and carabiners) are used in rock climbing. Climbing rocks is a physically and mentally difficult sport that frequently puts a climber's endurance, agility, strength, and balance, as well as mental control, to the test.

Market Dynamics

The demand for Rock-Climbing Equipment will rise as the number of rock-climbing tournaments grows around the world. There are several forms of rock-climbing activities that exist across the globe, with aid climbing, bouldering, free climbing, sport climbing, and multi-pitch climbing being some of them.

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Segment Analysis

Product Type

The rock climbing equipment market is segmented as harness, wearable gear, carabiner, belay, and passive protection. Despite taking a nosedive in 2020, the wearable gear segment occupied a major market share of more than 42% in 2020. Shoes and helmets are largely purchased for rock climbing, as they protect the rock climbers.

Regional Analysis

Europe is expected to remain the largest market for rock-climbing equipment and it holds a revenue share of more than 41% in 2020, due to the existence of a large number of professional rock climbers in the region. France, Austria, the UK, and Germany are the major markets in Europe and are expected to drive the region’s demand for Rock Climbing Equipment in the near future. The rock-climbing equipment market in North America is also expected to grow at a significant rate over the projected period, owing to an increase in interest in rock climbing among the people.

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Market Segmentation

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.

The market is segmented into the following categories. 

By Product Type

• Harness
• Wearable Gear [Shoes, Helmet]
• Carabiner
• Belay
• Passive Protection

By Channel Type

• Online
• Offline

By Region

• North America
• Asia-Pacific
• Europe 
• Rest of the World

Key Players

The following are the key players in the market:

• Arc'teryx (Amer Sports)
• Black Diamond (Clarus Corporation)
• Camp USA
• DMM International Ltd.
• Edelrid GmbH & Co. KG (VAUDE group)
• Kailas
• Mammut
• Petzl
• Salewa (OBERALP
• Trango

COVID-19 Impact

The rock climbing equipment market has been witnessing decent growth over the past decade; however, the sudden outbreak of COVID-19 has brought a considerable downswing in the market due to the significant decline in the economy.

Critical Questions Answered in the Report

• What are the key trends in the market?
• How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in the next five years?
• What is the impact of COVID-19 on the market?
• What are the key strategies adopted by the major vendors to lead in the market?
• What is the market share of the top vendors?

Target Audience

Here is the list of the group of customers that the rock climbing equipment market hopes to have the greatest opportunity to convert-

• Distributors
• Suppliers
• Manufacturers
• Logistics organizations
• Government bodies

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis.
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
• Market trend and forecast analysis.
• Market segment trend and forecast.
• Competitive landscape and dynamics: Market share, Product portfolio, New Product Launches, etc.
• Attractive market segments and associated growth opportunities.
• Emerging trends.
• Strategic growth opportunities for the existing and new players.
• Key success factors.

Research Methodology

This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s rock 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 manner in order to provide a panoramic view of the market.

The vital data/information provided in the report can play a crucial role for the market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate the growth strategies to expedite their growth process.

This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. 

More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. 

We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

Report Customization

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to three players)
• SWOT analysis of key players (up to three players)

Competitive Benchmarking

Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.

Custom Research: Stratview research offers custom research services across the sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com.