Rock climbing is a popular sport that has seen tremendous growth in recent years. According to statistics, the global climbing market was valued at around $581.2 million in 2020 and the indoor climbing wall market is predicted to grow at a CAGR of 11.8% from 2021 to 2028. In addition, there are approximately 614 commercial rock climbing gyms in the United States and over 151 million visits were made to these gyms across North America last year alone.
The European Climbing Gym Market is anticipated to grow 15% annually while outdoor activities such as sport-climbing have an annual growth rate of 3.3%. The worldwide industry brings in more than $30 billion each year through equipment sales and services with projections for it reaching USD 1.6 billion by 2026. Bouldering has been identified as one of the strongest growing segments within this industry with an annual growth rate of 20%.
Furthermore, 67% of climbers who regularly use walls engage in outdoor activities too; 64% according to one survey conducted by UIAA Youth Commission on Indoor Climbing Wall Use – making it clear why there are now more than 20 thousand gym locations spread out across five countries (United States, Germany, Canada France & UK). Rock Climbing Equipment Sales reached 175$ Million just two years ago which further highlights its popularity among people aged 35 or younger – estimated 9 Million participants every single year.
Rock Climbing Industry Statistics Overview
The sport climbing segment of the outdoor industry had an annual growth rate of 3.3% between 2015 and 2020.
This statistic is a testament to the increasing popularity of sport climbing in the outdoor industry. It shows that the sport is growing in popularity, with more and more people taking up the activity each year. This is great news for the industry, as it means more people are discovering the joys of rock climbing and the industry is growing. This growth is likely to continue in the future, as more people become aware of the sport and its benefits.
By 2026, the worldwide climbing equipment market is projected to reach USD 1.6 billion.
This statistic is a testament to the growing popularity of rock climbing, as the climbing equipment market is projected to reach a staggering USD 1.6 billion by 2026. This indicates that more and more people are taking up the sport, and that the industry is thriving.
In 2019, indoor climbing wall attendance in the United States rose by approximately 6%.
This statistic is indicative of the growing popularity of indoor climbing walls in the United States, demonstrating that the rock climbing industry is thriving. It is a testament to the increasing number of people who are taking up the sport and the growing demand for indoor climbing walls. This statistic is a positive sign for the industry, as it shows that the rock climbing industry is continuing to grow and expand.
The strongest growing segment within the climbing industry is bouldering, with an annual growth rate of 20%.
This statistic is indicative of the fact that bouldering is becoming increasingly popular within the climbing industry, with an impressive annual growth rate of 20%. This is an important statistic to consider when discussing the rock climbing industry, as it shows that bouldering is a rapidly growing segment of the industry and is likely to continue to be a major part of the industry in the future.
About 67% of climbing gym participants are under the age of 35.
This statistic is indicative of the fact that the rock climbing industry is largely driven by a younger demographic. It is important to note that the majority of participants in climbing gyms are under the age of 35, as this could be used to inform marketing strategies and target the right audience. Additionally, this statistic could be used to inform the development of new products and services that cater to the needs of the younger demographic.
There are more than 20,000 climbing gyms worldwide.
This statistic is a testament to the immense popularity of rock climbing, with more than 20,000 climbing gyms worldwide providing a platform for people to hone their skills and enjoy the sport. It speaks to the immense growth of the rock climbing industry, and the potential for further expansion.
The growth rate of the climbing industry in Asia is roughly 22%.
This statistic is a testament to the booming popularity of rock climbing in Asia. It shows that the industry is growing at a rapid rate, indicating that more and more people are taking up the sport and enjoying its many benefits. This is great news for the industry, as it means that more people are discovering the joys of rock climbing and that the industry is likely to continue to grow in the future.
The top five countries with the largest number of climbing gyms are the United States, Germany, Canada, France and the UK.
This statistic is a telling indication of the popularity of rock climbing as a sport and recreational activity. It shows that the top five countries with the most climbing gyms are all major players in the global economy, indicating that rock climbing is a popular activity in these countries. This is further evidence that the rock climbing industry is thriving and is likely to continue to grow in the future.
The rock climbing equipment market is expected to grow at a CAGR of 10% between 2019 and 2023.
This statistic is a testament to the potential of the rock climbing equipment market, indicating that it is likely to experience a significant surge in growth over the next few years. This is an important indicator for anyone interested in the rock climbing industry, as it suggests that the industry is likely to be a lucrative investment opportunity in the near future.
The average annual revenue per climbing gym is around $974,337.
This statistic is a testament to the success of the rock climbing industry, showing that climbing gyms are able to generate a substantial amount of revenue each year. It is a clear indication that the rock climbing industry is thriving and that it is a viable business opportunity for entrepreneurs.
Each year, about 9 million people participate in rock climbing activities.
This statistic is a testament to the immense popularity of rock climbing, highlighting the fact that millions of people are engaging in the activity each year. It is a powerful indicator of the size and scope of the rock climbing industry, and serves as a reminder of the potential for growth and development within the sector.
64% of climbers who regularly use climbing walls engage in outdoor climbing.
This statistic is a testament to the impact that climbing walls have had on the rock climbing industry. It shows that climbing walls have been successful in introducing people to the sport and encouraging them to take their skills outdoors. This statistic is important for understanding the growth of the rock climbing industry and the impact of climbing walls on the sport.
Rock climbing equipment and gear sales in the United States reached $175.5 million in 2018.
This statistic is a testament to the growing popularity of rock climbing in the United States. It shows that more and more people are investing in the necessary equipment and gear to pursue this activity, indicating that the rock climbing industry is thriving. This statistic is an important indicator of the health of the rock climbing industry and provides valuable insight into the current state of the industry.
Conclusion
The rock climbing industry is a rapidly growing sector, with the global market valued at around $581.2 million in 2020 and predicted to grow at a CAGR of 11.8% from 2021 to 2028. There are currently over 614 commercial gyms in the United States alone, as well as an estimated 1,498 across Europe and more than 20,000 worldwide. In North America there were 151 million visits to climbing gyms last year while outdoor activities bring in over $30 billion annually through equipment sales and services globally. The sport segment has seen an annual growth rate of 3.3%, while bouldering has grown by 20%. Climbing gym participants tend to be younger (67%) but 64% also engage regularly in outdoor activities too – suggesting that indoor walls can act as training grounds for those looking for adventure outdoors later on down the line. With all this considered it’s no surprise that the global climbing equipment market is projected to reach USD 1.6 billion by 2026; making it clear that rock-climbing isn’t just a passing trend – its here stay.
References
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