Climbing Gears Market: Global Market Growth by Type, End Use, Portability, Distribution Channel, Application and Region Forecast

Climbing Gears Market expected to hit USD 2.57 Bn by 2030 from USD 1.51 Bn in 2023 at a CAGR of 7.9% during the forecast period
Climbing Gears Market Overview
Market are equipment and accessories used in the sport of climbing. The Climbing Gears Market is expected to be driven by the growing popularity of adventure sports. Many private companies are providing services and attractive offers in adventure sports. The report provides in-depth data about Climbing Gears Market. Grade VII (G7) launched a lightweight climbing pack driving the Market.To know about the Research Methodology :- Request Free Sample Report
Climbing Gears Market Research Methodology
The report provides a market segmentation based on type, end-use, distribution channel and application along with their sub-segments. The Climbing Gears Market Data were collected from primary and secondary research methods. The report includes primary data on the market gathered from interviews with market leaders and business owners whereas, secondary data were collected from annual reports and paid databases. Collected data later analyzed by SWOT analysis, PESTLE analysis and PORTER’s five force model.

The bottom-up approach was used to estimate the size of the Climbing Gears Market by value and volume. Further findings in the report involve drivers, the scope of the market, restraining factors and regional insights in major geographic regions such as North America, Asia Pacific, South America, Europe and the Middle East and Africa.
Climbing Gears Market Dynamics
Drivers:

The increased safety features along with the emergence of technically advanced gears that are lightweight and made up of alloy material for strength. Climbing is considered the most effective fitness exercise to increase muscle strength and endurance and is also emerged as one of the popular adventure sports. Many climbing organizers are marketing themselves with the help of the excessive availability of the internet and smartphones, which is creating a lucrative opportunity for skilled professional to build their business in the Climbing Industry. The climbing Industry also emerging as a part of tourism as companies such as Exodus Travels, Charlie The Traveler, Project Expedition and 360 Degree Explorer are leaders in Climbing Tours. All these factors are expected to drive the Climbing Gears Market.

There are several forms of rock climbing activities such as with-aid climbing, bouldering, free climbing, sport climbing and multi-pitch climbing and are gaining popularity across the world since the changed trend of exercise, people are preferring climbing for exercise. As part of this, the number of outdoor and indoor climbing gyms has increased significantly. All these factors are expected to drive the Climbing Gears Market throughout the forecast period.

The Climbing Gears Market has a lucrative scope across the world and is expected to grow significantly throughout the forecast. The Millennial generation across the world have entered that age group where they are starting to have kids. People usually spend plenty of money on their kids in the outdoors. The youth’s participation in the activities such as climbing, hiking and snow sports. This is one of the social factors, which is expected to propel the Climbing Gears Market Growth.

The Quality physical education policy project announced by UNESCO in 2021 focuses mainly to address three global crises that are physical activity, mental health and inequality. UNESCO’s global initiative is expected to boost the Climbing Gears Market Growth. A lack of physical activity contributed to five million premature deaths annually before covid, mental health has worsened among every human being and a lack of physical activity might cause disabilities among girls and children. The global initiative is expected to drive the growth of the market.

Restraining Factors in Climbing Gears Market

The MMR report considers all the driving and restraining factors along with their opportunities and the scope for the market at a global, regional and local level. The lack of skilled personnel and less awareness regarding the importance of using proper Climbing Gears Equipment are expected to hinder the growth of the Climbing Gears Market. Also, the availability of cheap and poor-quality gear is also expected to limit the Market Growth.
Climbing Gears Market Regional Insights
North America held the largest share of the Climbing Gears Market in 2023 and is expected to grow significantly during the forecast period. The presence of natural geography, which is favorable for climbing, snowsports, watersports and others is expected to drive the North America Market. Mexico has been evolving its physical education progressively since the country has the highest rate of obesity and overweight globally. The clothing retailers such as Patagonia focus on developing economic and social value through their products. It manufactures excellent outdoor clothing and sells them directly to consumers.

As the presence of a large working population and the increased trend of outdoor activities in developing economies such as India, China, Indonesia, Japan and others is expected to drive the Asia Pacific Climbing Gears Market. Recently, Maharashtra, a state in India famous for its natural rock climbing plateaus, issued a government rule that Climbing Gear must have an Indian Standards Institution mark (ISI). The regulation is expected to create a lucrative opportunity for major Climbing Gears Key Players to invest in the region and hold the highest share in the market.

Europe’s Climbing Gears Market is expected to grow at the highest CAGR of 9.2 percent throughout the forecast period (2023-2030). Europe is a developed region since people across the world choose the region for studying and jobs due to globalization, the availability of jobs and increasing industrialization. These factors increased the standard of living in the region’s population. People barely have time for going to gyms so the trend of indoor climbing is growing in the region. The development of climbing gyms and indoor climbing walls has been increasing in all countries of the region. The report states that Germany alone has nearly 500 indoor climbing gyms and walls since the popularity of climbing activities has increased in the country, which is expected to drive Europe’s market.

Since the development began in 2017, Milho Verde has become Brazil’s most important climbing area, now with over 2000 lines, including boulders up to V14, sports routes up to 5.14 and a spackling of spicy multi-pitches. These Rock climbing places have been fetching a lot of attraction from climbers all over the world. This is expected to drive the demand for Climbing Gear in South America.
Climbing Gears Market Competitive Landscape
Metolius Climbing launched a new website with compelling photography and an enhanced user experience. The report includes competitive benchmarking of all major Climbing Gears Key Companies to assist new market entrants and Climbing Gears Key Competitors to develop their strategies and helps in understanding the market in depth. Metolius on July 16, 2020, launched a website to reach more and more customers and promote their Climbing Gear Product to hold the largest share in the market. Another leading Climbing Gears Key Company is Anta Sports, which announced their notable acquisitions with Amer Sports for nearly USD 6.40 Bn and with Kingkow, for this acquisition the amount is not yet disclosed.

Anta Sport announced this acquisition in their press release on December 23, 2022. The MMR report includes revenue of flagship products and their product family, segments and region-wise revenue also. These acquisitions and launches by some of Climbing Gears Key Companies has been ultimately driving the Climbing Gears Market worldwide. Further findings in the report provide the social, political, economic, environmental, technological and legal aspects of the market at the global, regional and local levels.
Climbing Gears Market Segment Analysis:
Based on Type, The climbing Harness segment held the largest share of the Climbing Gears Market in 2023 and is expected to dominate the market over the period. The demand for high-quality, comfortable, durable and stronger climbing harnesses from climbers is expected to drive the segment to hold the largest share in the market. The end-user segment of the climbing harness includes ice climbing, mountaineering, rock climbing, paragliding and others. Also, the strict regulations for the manufacturing of Climbing Gears Equipment for better safety are expected to drive the climbing harness segment in the market during the forecast period. Specialized clothing for climbing and carabiners are also important gear for safety purposes. Both segments hold second and third place in terms of growth rate and demand.

Based on Distribution Channel, The online market segment holds the largest share in the Climbing Gears Market and is continue to be the dominating segment. Excessive internet access and Climbing Gears Product reviews help consumers to choose a gear wisely. The online sector has more variety of products from major Climbing Gears Key Players across the world with better warranties, return policies and services. These factors are expected to drive the online segment to grow in the Climbing Gears Market. But the Offline segment still maintained its dominance in the market due to a better supply chain, outlets such as supermarkets and hypermarkets and specialist retailers.

Based on Application, The adventure sports segment dominated the Climbing Gears Market in 2023 and is expected to grow significantly throughout the forecast period. The risk associated with adventure sports such as b.a.s.e. jumping, cave diving, hang gliding, bungee jumping and rock climbing is the most. These sports demand for best qualities of gear to enjoy the sport with little risk. The Climbing Gears Equipment also has applications in cleaning, snowsports, watersports, hiking and paragliding.
Climbing Gears Market Scope: Inquire before buying



Climbing Gears Market


Report Coverage
Details


Base Year:
2023
Forecast Period:
2024-2030


Historical Data:
2018 to 2023
Market Size in 2023:
US $ 1.51 Bn.


Forecast Period 2024 to 2030 CAGR:
7.9%
Market Size in 2030:
US $ 2.57 Bn.


 Segments Covered:
by Type
Climbing Harness
Specialized Clothing
Climbing Carabiners
Others


by End Use
Men
Women
Kids


by Distribution Channel
Online
Offline
Supermarket and Hypermarket
Specialist retailers
Others


by Application
Cleaning
Snowsports
Watersports
Adventure Sports
Hiking



Climbing Gears Market, by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan, and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
Climbing Gears Market, Key Players are
1. Ober Alp SPA
2. Metolius Climbing
3. EDELRID GmbH & Co. KG
4. Grivel S.r.l.
5. SINGING ROCK s.r.o.
6. Great Trango Holdings, Inc.
7. Mammut Sports Group AG
8. Petzl Distribution
9. Kailas Sports Product Co. Ltd.
10. Mad Rock Climbing
11. ANTA Sports Products Limited
12. DMM International Ltd.
13. Omega Pacific
14. Five Ten

Frequently Asked Questions:

1] What is the growth rate of the  Market?
Ans. The Market is growing at a CAGR of 7.9 % during the forecast period.

2] Which region is expected to dominate the  Market?
Ans. North America is expected to dominate the Market during the forecast period from 2024 to 2030.

3] What is the expected Market size by 2030?
Ans. The size of the Market by 2030 is expected to reach USD 2.57 Bn.

4] Who are the top players in the  Market?
Ans. The major key players in the Climbing Gears Market are ANTA Sports Products Limited, DMM International Ltd., Omega Pacific and Five Ten.

5] Which factors contributed to the growth of the Market in 2023?
Ans. The Climbing Gears Market is expected to grow due to the rising trend of indoor and outdoor climbing activities.