Global Climbing Gym Market 2019-2023 | 7% CAGR Projection Over the Next Five Years

Fitness

The global climbing gym market size is poised to grow by USD 1.60 billion during 2019-2023, according to a new report by Technavio, progressing at a CAGR of over 7% during the forecast period. The market is driven by the increasing popularity of outdoor sports. In addition, growing awareness about fitness and healthy lifestyles is expected to further boost the growth of the climbing gym market.

The increasing popularity of outdoor sports is one of the major reasons for the growth of the climbing gym market. 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.

Request a Free Sample Report

Global_Climbing_Gym_Market_2019-2023.jpg (480×270)

Sedentary lifestyles are exposing people to various health conditions, including obesity, anxiety, osteoporosis, and Type 2 diabetes. Thus, people are increasingly adopting a healthy lifestyle, which has led to a rise in demand for climbing activities. Climbing gyms offer several benefits, such as better body awareness and body coordination and strengthening of the abdominal muscles. Thus, the growing awareness among people about fitness and healthy lifestyles will fuel the growth of the climbing gym market.

The report includes detailed profiles of the leading companies & prominent vendors of the market: