Rock on: Revenue will climb higher due to rising incomes and changing consumer preferences

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, replacing relatively low-cost recreational activities, such as hiking, with indoor wall climbing and indoor rock climbing. Over the five years to 2022, 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 Statistics & Market Size
Revenue
$403m
Annual Growth 12-17
3.9%
Forecast Growth 17-22
Profit
Employment
8,188
Businesses
348
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • Shifting consumer preferences and rising disposable income will benefit the industry
  • Operators will increase their established customer base, leading to less revenue volatility
  • To compete with gyms and health clubs, operators will offer additional fitness services
  • Industry Report - Starting a New Business Chapter

    Barriers to entry are moderate for the Indoor Climbing Walls industry. Successful industry establishments must be in areas of high foot traffic and convenience, and require a large space with high ceilings, typically upwards of 3,000 square feet of space and 20 feet of height. Therefore, rent can be quite high due to strong commercial demand. However, leasing operations provide a relatively lower cost basis for entry. Additionally, although wages make up the industry's greatest cost, average wages in the industry tend to be low since the majority of the staff is, on the whole, unskilled and work on a part-time basis.Other barriers to entry in urban markets include restrictive zoning laws, lengthy permit processes and a shortage of appropriate real estate. It ...purchase to read more.

    Additional Insights for the Indoor Climbing Walls Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Indoor Climbing Walls Industry are

  • Easy access for clients
  • Effective product promotion
  • Provision of appropriate facilities
  • IBISWorld analysts also discuss how external factors such as Per capita disposable income and National unemployment rate in the Indoor Climbing Walls industry impact industry performance..

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    What's in this report

    What is the Indoor Climbing Walls Industry?

    Companies in this industry maintain and operate climbing wall centers or indoor rock climbing centers. A climbing wall is an artificially constructed wall with grips for hands and feet, and it is usually used for indoor climbing.

    Industry Products
  • Day pass/punch card admission
  • Memberships
  • Youth programs
  • Lessons and Workshops
  • Industry Activities
  • Operating indoor climbing wall centers
  • Operating indoor rock climbing centers
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Per capita disposable income
  • National unemployment rate
  • Time spent on leisure and sports
  • External competition
  • Participation in sports

  • Current Performance
  • Demand rebounds
  • Join the club
  • Growing market
  • Chart: Revenue Growth

  • Industry Outlook
  • External competition
  • Technology and safety
  • Establishing a following
  • Table: Indoor Climbing Walls Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Indoor Climbing Walls Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Educational Services
  • Racing & Individual Sports
  • Gym, Health & Fitness Clubs
  • Civic, Social & Youth Organizations
  • Consumers

  • Key Selling Industries
  • Athletic & Sporting Goods Manufacturing
  • Commercial Leasing
  • Gym & Exercise Equipment Manufacturing
  • Heating & Air-Conditioning Contractors
  • Sporting Goods Stores

  • Products & Services
  • Day pass/punch card admission
  • Memberships
  • Other
  • Youth programs
  • Lessons and Workshops
  • Chart: Indoor Climbing Walls Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Consumers aged 25 to 34
  • Consumers aged 24 and younger
  • Consumers aged 35 and older
  • Chart: Major Market Segmentation for the Indoor Climbing Walls Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Wages
  • Purchases
  • Rent and utilities and depreciation
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Indoor Climbing Walls

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Indoor Climbing Walls Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Indoor Climbing Walls Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Indoor Climbing Walls Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Per Capita Disposable Income (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Belay
  • To attach a rope to a person for safety purposes.
  • Bouldering
  • A style of wall climbing that does not use ropes or harnesses.
  • Carabiner
  • A metal link with a safety closure, used by wall climbers.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s industry research report on Indoor Climbing Walls provides up-to-date sales and market data, allowing you to identify the product and customer segments driving revenue growth. The report identifies the leading companies in the industry, and offers strategic analysis of the key factors influencing the market. Our data forecasts are accompanied by full analysis to illustrate how the market is responding to dominant and emerging trends.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Indoor Climbing Walls:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Indoor Climbing Walls market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Indoor Climbing Walls, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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