Climbing Harness Market: Forecast, Trend Analysis and Competition Tracking Review 2018 to 2027

To study the market for panty liners in a precise manner, Fact.MR has included a new research report. The report is titled “Climbing Harness Market Forecast, Trend Analysis & Competition Tracking - Global Review 2018 to 2027”, which enlightens the readers about the market share as well as growth rate during the period 2018-2027. The research study estimates that the panty liners manufacturing sector would be rising with a positive CAGR during the same stated forecast period.

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Rising Sports Enthusiasm and Participation in Sports Climbing to Support the Market Growth

Consumers are becoming health-conscious and weight-conscious and it is resulting in increased participation in various forms of physical activities for exercise and fitness. Individuals are indulging in various sports and fitness routines for maintaining physical health as well as for recreation. As per a survey conducted by the Australian Sports Commission, the total participation rate of Australians in physical activities increased up to more than 47% in the past few years. The report also states that individuals are more interested in indulging in outdoor activities, such as running, walking, and climbing, than indoor activities for fitness and recreation. By analyzing the changing trends in the health and fitness industry, fitness professionals are offering outdoor activities such as mountain climbing for their clients. Increasing participation in climbing activities for fitness may prove to be supportive of the rapid growth of the climbing harness market.

In addition, sports climbing is gaining more popularity among sports enthusiasts across the world. With the increasing participation in the sport, now the International Federation of Sports Climbing (IFSC) has over 90 member federations in 5 continents. In 2016, the IFSC had over 2,179 licensed athletes in 62 different countries, and it anticipates that the number will increase rapidly in the upcoming years. The approval from the International Olympic Committee (IOC) for sports climbing to become an official Olympics sport is expected to have a positive impact on the demand for high-quality climbing harnesses. Active participation in climbing for fitness and increasing interest in sports climbing is likely to augment demand for climbing harnesses in the near future.

Manufacturers to Introduce Application-specific Climbing Harnesses to Capture More Opportunities

As consumers are participating climbing activities for fitness, sports, and recreational purposes, trends in climbing activities are changing drastically. Leading manufacturers in the climbing harness market are tracking consumer demands closely to develop their upcoming business strategies. With the increasing number of climbers around the world, market players are manufacturing climbing harnesses that are lightweight, more comfortable, and specially designed for men, women, and kids. Also, increasing popularity of trad climbing, alpine climbing, and wall climbing is influencing manufacturing strategies of leading market players. Edelrid – a leading manufacturer of mountain sports equipment –adopted strategies to manufacture lightweight climbing harnesses in order to capitalize the rapid growth of the alpinism sector.

Similarly, Petzl – a French manufacturer of climbing equipment – stated that it will be focusing on the increasing participation of the urban population in climbing for fitness. The company will be targeting climbing hall operators in urban areas and provide climbing equipment, such as climbing harness, specially designed for indoor climbing. Black Diamond Equipment – a leading manufacturer in the climbing harness market – identifies the rising indulgence in sports climbing. The company is manufacturing climbing harness and other climbing equipment that will be more suitable for climbing beginners.

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Safety, Adjustability, and Comfort of Climbing Harness to Influence Purchasing Decisions

As mountain climbing can be a risky activity, safety remains the primary focus of consumers while purchasing climbing equipment such as climbing harnesses. Consumers are likely to purchase climbing harnesses that are explicitly designed for specific types of climbing and those with advanced safety features. In order to address the safety concerns of consumers, most manufacturers in the climbing harness market are producing climbing harnesses with doubled back and auto-locking features. Also, considering the increasing participation of kids in climbing activities, manufacturers are producing full-body harnesses for kids under 40kgs to accommodate the head-to-toe ratio.

Consumers are likely to purchase climbing harnesses that comply with international standards and that are approved by authoritarian organizations, despite of the higher prices. Market players are manufacturing climbing harnesses that comply with the standards established by the UIAA (the International Climbing and Mountaineering Federation). Also, compliance with the European Norm standards and guidelines published by the Occupational Safety and Health Administration (OSHA) is essential to attain growth in the climbing harness market. In addition, the comfort and utility of climbing harnesses can make a significant impact on the purchasing decisions of consumers. Consumers are preferring to buy multi-functional, adjustable, as well as comfortable climbing harnesses that give freedom of movement.

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