Indoor Climbing Walls in the US - Industry Market Research Report
Description
Indoor Climbing Walls in the US
Indoor climbing walls operators endured a rocky descent through the end of 2023, as economic volatility amid COVID-19 impacted revenue. Initially, positive developments in sports participation, coupled with steady growth in per capita disposable income, encouraged more consumers to seek out alternatives to traditional exercise gyms. The portrayal of rock climbing in media, such as the documentary Free Solo, coupled with its addition to the Olympic Games in 2016, have contributed to indoor wall climbing's mounting popularity. Despite strong growth occurring over the majority of the period, COVID-19 significantly harmed revenue, offsetting prior growth as gym attendance plummeted following mandated gym closures. Overall, revenue has been falling at a CAGR of 2.1% over the past five years, and is expected to reach $600.2 million through the end of 2023.
Indoor climbing wall operators maintain and operate climbing wall centers or indoor rock-climbing centers. A climbing wall is an artificially constructed wall with grips for hands and feet used for indoor climbing.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Indoor climbing walls operators endured a rocky descent through the end of 2023, as economic volatility amid COVID-19 impacted revenue. Initially, positive developments in sports participation, coupled with steady growth in per capita disposable income, encouraged more consumers to seek out alternatives to traditional exercise gyms. The portrayal of rock climbing in media, such as the documentary Free Solo, coupled with its addition to the Olympic Games in 2016, have contributed to indoor wall climbing's mounting popularity. Despite strong growth occurring over the majority of the period, COVID-19 significantly harmed revenue, offsetting prior growth as gym attendance plummeted following mandated gym closures. Overall, revenue has been falling at a CAGR of 2.1% over the past five years, and is expected to reach $600.2 million through the end of 2023.
Indoor climbing wall operators maintain and operate climbing wall centers or indoor rock-climbing centers. A climbing wall is an artificially constructed wall with grips for hands and feet used for indoor climbing.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
44 Pages
- TABLE OF CONTENTS
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Search Inside Report
Pricing
Currency Rates
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