Industry Analysis & Industry Trends
The Indoor Climbing Walls industry slipped during the recession but has since lifted itself up, bolstered by rising per capita disposable income and falling unemployment. Disposable income levels increased and unemployment decreased over the past five years and customers returned to making discretionary expenditures, in place of relatively low-cost recreational activities, such as hiking; therefore, indoor climbing wall establishments have leveraged their growing popularity and increasingly presented high-end offerings. Over the five years to 2021, the industry is expected to continue benefiting from rising disposable income and falling unemployment. One of the largest obstacles for the industry was the perceived risk of injury while participating in indoor wall climbing.... purchase to read more
Industry Report - Industry Products Chapter
Day pass admission
Single-day admission to indoor climbing wall facilities is estimated to account for 57.0% of industry revenue in 2016. Single-day or punch card admission is generally offered on an individual basis, with the opportunity for earning free days based on accumulated visits. Special group pricing is also sometimes available. Single day admission benefits facilities by extending the opportunity to aspiring climbers who have interest but have never climbed previously. This trend has helped improve overall gym utilization rates over the past five years, as the number of overall patrons per gym has increased.
Memberships to indoor climbing wall facilities is estimated to account for 24.0% of industry revenue in 2016... purchase to read more