Industry Analysis & Industry Trends
Companies in the Indoor Climbing Wall industry operate climbing wall centers or indoor rock climbing centers. Industry revenue tends to ebb and flow with fluctuations in per capita disposable income and employment levels, and is expected to benefit in the coming years as the economy continues to strengthen. Improvements in safety equipment technology, such as automated belays, a device used by climbers and belayers to decrease the likelihood of a serious injury, are also expected to propel revenue growth.... purchase to read more
Industry Report - Industry Analysis Chapter
Industry revenue slipped during the heart of the recession, but regained its footing and lifted itself up during the latter part of the five years to 2013. Since the industry relies heavily on consumers, it is highly cyclical and tends to ebb and flow with fluctuations in disposable income. For example, as disposable income fell 3.6% in 2009, industry revenue plummeted 5.7% in the same year. Nevertheless, as economic conditions such as unemployment and disposable income improved, consumers increased their participation in indoor wall climbing. To this end, industry revenue is expected to grow at an annualized rate of 0.3% to $146.5 million, supported by a 1.0% increase in 2013.
The Indoor Climbing Walls industry operates climbing wall centers or indoor rock climbing centers... purchase to read more