Climbing Gears Market Size Hits $2.7 Billion by 2031 | Key Player - Great Trango Holdings, Inc., Mammut Sports Group AG, Petzl Distribution, Kailas Sports Product Co., Ltd., Mad Rock Climbing

According to a new report published by Allied Market Research, titled, "Climbing Gears Market," The climbing gears market size was valued at $1.3 billion in 2021, and is estimated to reach $2.7 billion by 2031, growing at a CAGR of 7.9% from 2022 to 2031.

♦ 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐎𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.alliedmarketresearch.com/request-sample/47915

According to the insights of the CXOs, the global climbing gear market is expected to witness robust growth during the forecast period. This is attributed to increasing in safety regulations and standards. This includes equipment such as helmets, harnesses, carabiners, ropes, and other protective gear. As a result, the demand for compliant and reliable climbing gear has risen, driving growth in the climbing gear market. Additionally, as safety regulations become more stringent and better enforced, it is likely that demand for high-quality gear will continue to increase in the future. Furthermore, to attract consumers around the globe, key players in the market are investing in R&D activities and advertising & promotion of products.

CXOs further added the growing popularity of indoor climbing and bouldering. The growing popularity of indoor climbing and bouldering has created an opportunity for the climbing gear market. The growth of indoor climbing facilities has increased exposure to the sport, making it more accessible and appealing to a wider range of people. As a result, the demand for climbing gear, such as shoes, chalk, and climbing holds, has increased. However, A lack of awareness about the importance of using proper gear can restrain the growth of the climbing gear market.

According to the Climbing Gears Market Analysis, the market is segmented on the basis of type, end-use, distribution channel, and region. By type, the market is classified into a climbing harness, specialized clothing, climbing carabiners, and others. By end use, the market is classified into men, women, and kids. Based on the distribution channel, the market is bifurcated into online and offline. Region-wise, it is analyzed across North America (U.S., Canada, Mexico), Europe (Germany, UK, France, Italy, Belgium, Russia, Netherlands, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea, Thailand, Indonesia, and Rest of Asia-Pacific), and LAMEA (Brazil, Argentina, UAE, Saudi Arabia, Chile, Turkey, South Africa, and Rest of LAMEA).

By type, the climbing gear market is classified into climbing harnesses, specialized clothing, climbing carabiners, and others. The climbing harness segment accounted for a major Climbing Gears Market Share in 2021 and is expected to grow at a significant CAGR during the forecast period. A climbing harness is a piece of gear worn by climbers to secure themselves to a rope or anchor. The climbing harness market refers to the industry producing and selling these products for recreational and professional climbing. The growing popularity of outdoor climbing has also created a demand for portable, lightweight, and packable harnesses, as climbers look to carry their gear with ease and convenience.

𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 ( 𝐏𝐃𝐅 𝐰𝐢𝐭𝐡 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬, 𝐂𝐡𝐚𝐫𝐭𝐬, 𝐓𝐚𝐛𝐥𝐞𝐬, 𝐚𝐧𝐝 𝐅𝐢𝐠𝐮𝐫𝐞𝐬) @ https://www.alliedmarketresearch.com/checkout-final/ce9dd0725588a9858b9e644a4e8c5786

By end use, the climbing gear market is classified into men, women, and others. The men segment accounted for a major share of the climbing gear market in 2021 and is expected to grow at a significant CAGR during the forecast period. The consistent increase in men's outdoor sports participation is expected to support the growth of the climbing gear market during the forecast period.

By distribution channel, the climbing gear market is classified into online and offline. The offline segment accounted for a major share of the climbing gear market in 2021 and is expected to grow at a significant CAGR during the forecast period. The offline segment encompasses all the physical retail stores through which sports equipment and apparel are made available to the buyers. Furthermore, these retail formats offer a wide range of products at a competitive price to customers and are usually located in easily accessible areas, which adds to the overall attractiveness of this segment.

By region, the climbing gear market is segmented into North America, Europe, Asia-Pacific, and LAMEA. The North America climbing gear market is accounted for a major share in 2021 and is expected to grow at a significant CAGR during the forecast period. North America is one of the major sports equipment and apparel markets in the world. Increase in rate of participation in outdoor sports or adventure activities majorly drives the growth of the climbing gears market in this region.

The major players operating in the Climbing Gears industry focus on key market strategies, such as mergers, product launches, acquisitions, collaborations, and partnerships. They have been also focusing on strengthening their market reach to maintain their goodwill in the ever-competitive market. Some of the key players in the climbing gear market include CAMP SpA, Ober Alp SPA, Metolius Climbing, EDELRID GmbH & Co. KG, Grivel S.r.l., SINGING ROCK s.r.o., Great Trango Holdings, Inc., Mammut Sports Group AG, Petzl Distribution, Kailas Sports Product Co., Ltd., Mad Rock Climbing, ANTA Sports Products Limited, and DMM International Ltd.

♦ 𝐅𝐨𝐫 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐄𝐧𝐪𝐮𝐢𝐫𝐲 - https://www.alliedmarketresearch.com/purchase-enquiry/47915

KEY FINDINGS OF THE STUDY

By Type, the climbing harness segment was the highest revenue contributor to the market in 2021, and is expected to grow at a significant CAGR during the forecast period.
By Application, the men segment was the highest revenue contributor to the market in 2021, and is expected to grow at a significant CAGR during the forecast period.
By Distribution Channel, the offline segment was the highest revenue contributor to the market in 2021, and is expected to grow at a significant CAGR during the forecast period.
By Region, the North America region was the highest revenue contributor to the market in 2021, and is expected to grow at a significant CAGR during the forecast period.

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