Climbing Gym: A gym with climbing walls

  • A climbing gym is an artificially constructed wall with grips for hands and feet for climbing.  Climbing is getting popular and becoming more of a mainstream activity rather than a niche sport. Unlike regular gyms, climbing gyms help in burning calories (anywhere between 500 to 900 calories per hour). It also helps in building strength, power, and brings aerobic and anaerobic fitness levels to new heights.

Key Drivers of the Global Climbing Gym Market

  • Rising popularity of outdoor sports and outdoor recreational activities worldwide is anticipated to proliferate the demand for climbing gyms. The concept of gym climbing is experiencing exponential growth in the last couple of years, especially in North America and Europe. According to Physical Activity Council and PHIT America, on an average, approximately 4.6 million Americans participate in either sport climbing, bouldering, or indoor climbing. As per data from the Climbing Business Journal, since 2015, the U.S. indoor climbing industry has grown at roughly 10% on a y-o-y basis. A similar scenario is seen in European countries. According to Association of British Climbing Walls, over 100,000 individuals participated in climbing walls in 2017 and the number is growing at an average of 15%-20% annually. 
  • Additionally, rising awareness about fitness and leading a healthy lifestyle owing to higher prevalence of obesity, diabetes, and various other health issues is attracting various demographics toward regular workouts. This is anticipated to boost the climbing gym market.

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Inclusion toward gym climbing in international sports to provide growth opportunities

  • Inclusion of sports climbing (bouldering, lead climbing, and speed climbing) in the Tokyo Olympics, 2020 is anticipated to create attractive opportunities for the growth of gym climbing in many Asian countries. Currently, Japan and China have considerable number of participants in one or more climbing activities. Inclusion of this sport is expected to help in popularizing the sport in many other Asian countries.

Lack of awareness coupled with high initial investment to hamper the growth of the gym climbing market

  • Despite exponential growth in many North American and European countries, climbing gyms still lack a presence in many countries in Asia and Middle East & Africa. The main reason for slow growth in developing regions is high initial investment associated with climbing gym set ups. Climbing walls along with the equipment used such as high tensile ropes and lanyards are expensive. This leads to premium pricing. Developing regions being mostly price sensitive thus have low market attraction for climbing gyms, hampering the growth of the gym climbing market. Additionally, lack of awareness about proper usage of such expensive equipment and risk of accidents and injuries associated with climbing activities also hampers the growth of the climbing gym market.

North America and Europe still offer growth potential for the global climbing gym market

  • Geographically, the global climbing gym market can be divided into five regions: North America (NA), Europe (EU), Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SA).
  • The U.S. commands a major chunk of the North American gym climbing market. Some of the prominent manufacturers of gym climbing are from the U.S. The U.K., Germany, and France are some of the prominent countries that have a substantial market for gym climbing in Europe.
  • Developing regions such as Asia Pacific are anticipated to show promising growth in the gym climbing market in the upcoming years. China and other Southeast Asian countries are anticipated to drive the demand for gym climbing.

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Key Players Operating in the Global Market

The global climbing gym market is moderately consolidated with presence of few players competing at the global level. Most of the players are concentrated in North America and Europe owing to huge popularity of the sport. A few of the key players operating in the global climbing gym market include:

  • Boulderclub Kreuzberg
  • Brooklyn Boulders LLC
  • Climb So iLL
  • Climbing Centre Group LTD
  • DAV-Kletterund Boulderzentren München eV
  • Go Nature H.K. Ltd.
  • MetroROCK
  • The Castle Climbing Centre
  • The Glasgow Climbing Centre
  • Vertical World, Inc.

Global Climbing Gym Market: Research Scope

Global Climbing Gym Market, by Type

  • Outdoor Climbing Gym
  • Indoor Climbing Gym

Global Climbing Gym Market, by Application

  • Lead Climbing
  • Top-Rope Climbing
  • Bouldering

Global Climbing Gym Market, by End-user

  • Adults
  • Teenagers
  • Kids

Global Climbing Gym Market, by Region

  • North America

    • U.S.

    • Canada

  • Europe

    • Germany
    • France
    • U.K.
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of Asia Pacific
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa
  • South America
    • Brazil
    • Rest of South America

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Climbing Gym Market

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