Rock Climbing Equipment Market to register a growth of USD 582.89 million at a CAGR of 5.63%| Amer Sports Corp. and CAMP USA Inc. are the Key Vendors| Technavio

Rock Climbing Equipment Market to register a growth of USD 582.89 million at a CAGR of 5.63%| Amer Sports Corp. and CAMP USA Inc. are the Key Vendors| Technavio

Key vendors insights

The rock climbing equipment market is fragmented, and the vendors are deploying various organic and inorganic strategies to compete in the market. The rock climbing equipment market is dominated by a few well-established players, such as Amer Sports Corp., and CAMP USA Inc. Therefore, to survive and succeed in a stiff competitive environment, it becomes imperative for vendors in the market to differentiate their product and service offerings through a clear and unique value proposition.

Some of the key market vendors are:

  • Amer Sports Corp.
  • Black Diamond Equipment Ltd.
  • CAMP USA Inc.
  • DMM International
  • Gipfel Climbing Equipment
  • Great Trango Holdings Inc.
  • Mammut Sports Group AG
  • Metolius Climbing
  • Outdoorplay Inc
  • PETZL Distribution

Product News and Vendor insights

  • Amer Sports Corp. – The company offers advanced sports equipment, footwear, apparel and accessories which improve performances and increase the enjoyment of sports and outdoor activities.
  • CAMP USA Inc. – The company manufactures equipment for sport climbing, trad climbing, ice climbing, mountaineering, and alpinism.

For more detailed highlights on products offerings and the growth strategies adopted by the vendors, Download free sample report

Parent Market Outlook

The rock climbing equipment market will be driven by factors such as awareness about the health benefits of rock climbing. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the rock climbing equipment market during the forecast period.

Rock Climbing Equipment market trend

  • Easy internet access and online reviews

The arrival of online reviews and easy internet access is one of the key trends driving the rock climbing equipment market share growth. The demand for adventure tourism has been increased significantly due to the development of online retailing, web portals, and internet affordability. Moreover, the users are able to access essential information and tools like testimonials and customer reviews through the internet. This type of information provides the travelers with the authenticity of the destination and they can plan their journey accordingly. Thus, the easy access to information through the internet and online reviews are estimated to drive the global rock climbing equipment market growth during the forecast period.

Geography

  • Europe
  • North America
  • APAC
  • South America
  • MEA

APAC holds the leading position with 42% of the global rock climbing equipment market share growth. China and Japan are the key markets for rock climbing equipment in APAC. The inclination of young consumers to opt for rock climbing as a career/profession due to the potential demand for the sport and also the inclusion of rock climbing in the 2020-Olympics as an official is expected to drive the rock climbing equipment market share during the forecast period.

Get free sample for extensive insights on key market Drivers, Trends, and Challenges influencing the rock climbing equipment market.

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Rock Climbing Equipment Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 5.63%

Market growth 2021-2025

$ 582.89 million

Market structure

Fragmented

YoY growth (%)

5.26

Regional analysis

APAC, Europe, North America, South America, and MEA

Performing market contribution

APAC at 42%

Key consumer countries

China, US, Japan, UK, and Germany

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Amer Sports Corp., Black Diamond Equipment Ltd., CAMP USA Inc., DMM International, Gipfel Climbing Equipment, Great Trango Holdings Inc., Mammut Sports Group AG, Metolius Climbing, Outdoorplay Inc, and PETZL Distribution

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

About Technavio
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SOURCE Technavio

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