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GlobalClimbing Gym marketstudy was conducted using an objective combination of primary and secondary information containing inputs from key participants in the industry. The Climbing Gym market report covers a complete market and vendor landscape in addition to a SWOT analysis of the key vendors.
Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes industry publications, company reports, news articles, analyst reports, trade associations, and the data published by Government agencies.
The global Climbing Gym market to grow ata CAGR of over 7% during the period 2019-2023.
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Geographical Regions Includes:
Our climbing gym market analysis considers sales from both indoor climbing gym and outdoor climbing gym. Our analysis also considers the sales of the climbing gym in APAC, Europe, North America, South America, and MEA. In 2018, the indoor segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as the presence of well-developed sports industry and the high prevalence of obesity and diabetes will play a significant role in the indoor segment to maintain its market position.Also, our global climbing gym market report looks at factors such as increased popularity of outdoor sports, growing awareness among people about fitness and healthy lifestyles, and rise in the construction of climbing walls. However, lack of awareness and market penetration in developing countries, risks of accidents and injuries associated with climbing activities, and growing popularity of other fitness activities may hamper the growth of the climbing gym industry over the forecast period.
MARKET DYNAMICS:Market Driver:Increased Popularity Of Outdoor Sports.Market Trend:Increasing Popularity Of Climbing Gyms In Public AreasMarket Challenge:Risks Of Accidents And Injuries Associated With Climbing Activities.The increased popularity of outdoor sportsThe popularity of outdoor recreation activities, such as outdoor climbing is growing in developing countries. Increasing participation of people in climbing activities has led to the opening of new artificial climbing and bouldering structures in major outdoor locations. A surge in the establishment of these structures is aimed at improving public health, combating child obesity, and addressing the growing trend of sedentary lifestyles among the population. This will lead to the expansion of the global climbing gym market at a CAGR of over 7% during the forecast period.The increasing popularity of climbing gyms in public areasThe introduction of climbing gyms, trampoline parks, and other experiential activities has made public places more attractive to millennials, young people and children. For instance, Planet Granite, a subsidiary of EI cap , offers climbing gyms in the prime shopping centre located in Chicago. This is leading the vendors to set up more climbing gyms in major public and commercial locations to attract new climbers. This development is expected to have a positive impact on the overall market growth.
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Key Manufacturers Includes:
Detailed TOC of Climbing Gym Market Report:
PART 01: EXECUTIVE SUMMARY PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY TYPE
PART 07: CUSTOMER LANDSCAPE PART 08: GEOGRAPHIC LANDSCAPE
PART 09: DECISION FRAMEWORK PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
PART 12: VENDOR LANDSCAPE
PART 13: VENDOR ANALYSIS
PART 14: APPENDIX
PART 15: EXPLORE
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Press Release Distributed by The Express Wire
To view the original version on The Express Wire visit Climbing Gym Market Size by 2019-2023: Manufacturers, Advancements, Sales, Shares, Types, Challenges, Opportunities