The global rock climbing safety equipment market is anticipated to grow at a considerable CAGR during the forecast period (2022-2028). The increasing number of tourists is anticipated to drive the growth of the market. According to the data published by United Nations World Tourism Organization (UNWTO) in 2020, 1.5 billion international tourist arrivals were recorded in 2019. Further, Asia Pacific had shown above-average growth for both domestic and international arrivals. For instance, as per the Ministry of Tourism, India had witnessed more than 10.93 million tourist arrivals in 2019. Further, domestic tourist visits had crossed 2321.98 million, while foreign tourists’ visits have crossed 31.4 million in 2019. Moreover, Europe welcomed more than 743 million international tourists in 2019. Thus, the increasing number of tourists is anticipated to support the demand for the global rock climbing safety equipment market.
A full report Rock Climbing Safety Equipment Market of is available at: https://orionmarketreports.com/rock-climbing-safety-equipment-market/105224/
Looking toward the demand for rock climbing safety equipment, key market players are adopting various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market. For instance, in September 2021, Trueblue (Head Rush Technologies) upgraded Trublue IQ to Trublue Q+ Auto Belay. Trueblue IQ is a self–regulating magnetic braking system designed for indoor and outdoor climbers. Whereas, TrueBlue Q+ is an automatic belay that maintains the position of climbers. According to the company, the trublue Q+ possesses the capacity to hold up to seconds, during which an individual can continue climbing. Thus, such launches are anticipated to drive the growth of the market.
Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Type
- By Application
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- Black Diamond Equipment Ltd., Petzl International, and Mammut Sports Group Ag among others
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Rock Climbing Safety Equipment Market Report by Segment
By Type
Climbing Harnesses
Climbing Helmets
Passive Protection
Belay Device
Climbing Carabiner
By Application
- Men
- Women
- Kids
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic coverage
- North America market size and/or volume
- Latin America market size and/or volume
- Europe market size and/or volume
- Asia-pacific market size and/or volume
- Rest of the world market size and/or volume
Recent Developments
- Market Overview and growth analysis
- Import and Export Overview
- Volume Analysis
- Current Market Trends and Future Outlook
- Market Opportunistic and Attractive Investment Segment
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