Industry Statistics and Trends
Market size and recent performance (2014-2029)
Industry revenue has grown at a CAGR of 0.7 % over the past five years, to reach an estimated $580.1m in 2024.
Trends and Insights
The outbreak of COVID-19 hammered climbing gyms
- The outbreak of COVID-19 led to considerable declines in climbing gyms, which were considered nonessential and closed for most of 2020. Many climbers began building and using home walls amid closures. Even as gyms reopened, many consumers continued using home walls to avoid the virus, preventing some recovery for gyms operating at reduced capacities.
- Additional trends and insights available with purchase
Source: IBISWorld
Industry outlook (2024-2029)
Market size is projected to grow over the next five years.
Trends and Insights
Growth to accelerate over the outlook
- Strong growth in total recreation spending over the outlook period will bolster the performance of climbing gyms. Participation in sports continuing to rise will also benefit climbing gyms.
Biggest companies in the Climbing Gyms in the US
There are no companies that hold a large enough market share in the Climbing Gyms in the US industry for IBISWorld to include in this product.
Products & Services Segmentation
Source: IBISWorld
Industry revenue is measured across several distinct product and services lines, including Bouldering gyms and Rope and mixed climbing gyms. Bouldering gyms is the largest segment of the Climbing Gyms in the US.
Trends and Insights
The number of new bouldering gyms is growing rapidly
- This segment comprises bouldering gyms. Bouldering is done without a rope and uses a crash pad to break landings.
- More insights available in the full report
Table of Contents
About this industry
Industry definition
Climbing gyms provide consumers artificial rock walls. Climbing gyms consist of bouldering gyms, rope gyms or mixed gyms, consisting of both bouldering and rope climbing.
What's included in this industry?
Manage climbing gymsProvide rock walls or other surfaces and needed accessoriesOffering bouldering Offering rope climbingCompanies
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Related Terms
BOULDERINGBELAYCARABINERIndustry Code
NAICS 713940 - Climbing Gyms in the US
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
Climbing gyms have endured considerable volatility. The outbreak of COVID-19 led to massive declines for climbing gyms. Pent-up demand and new interest in climbing as the spo...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2014-2023) and forecast (2024-2029)
- Employees, including historical (2014-2023) and forecast (2024-2029)
- Businesses, including historical (2014-2023) and forecast (2024-2029)
- Profit, including historical (2014-2024)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Factors that influence volatility in the industry
- Key success factors for businesses to overcome volatility
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
Bouldering gyms are the fastest-growing segment. The number of new bouldering gyms has surged. The inclusion of bouldering in the Olympics and the ease of entry for new climb...
In this chapter
- Products & Services
- Major Markets
Key metrics
- Largest market segment and value in 2024
- Product innovation level
Charts
- Products & services segmentation in 2024
- Major market segmentation in 2024
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
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In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each state
- Share of population compared to establishments in each region in 2024
Tables
- Number and share of establishments in each state in 2024
- Number and share of revenue each state accounts for in 2024
- Number and share of wages each state accounts for in 2024
- Number and share of employees in each state in 2024
Detailed analysis
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
Climbing gyms endure various forms of external competition. Outdoor rock climbing, outdoor bouldering and home walls are substitutes for climbing gyms. Fitness classes, gymna...
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2019-2024
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
Climbing gyms receive little public assistance. Climbing gyms primarily receive private assistance from local and regional associations and the Climbing Wall Association (CWA...
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Detailed analysis
- Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
Financial Benchmarks
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Analyst insights
Profit growth has been volatile. The outbreak of COVID-19 hammered profit as climbing gyms had to close temporarily. While profit has begun to rebound, stiff internal competi...
In this chapter
- Cost Structure
- Financial Ratios
- Key Ratios
Key metrics
- Profit margin, and how it compares to the sector-wide margin
- Average wages, and how it compares to the sector-wide average wage
- Largest cost component as a percentage of revenue
- Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio
Charts
- Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Investment vs. share of economy
Data tables
- Industry Multiples (2017-2022)
- Industry Tax Structure (2017-2022)
- Income Statement (2017-2022)
- Balance Sheet (2017-2022)
- Liquidity Ratios (2017-2022)
- Coverage Ratios (2017-2022)
- Leverage Ratios (2017-2022)
- Operating Ratios (2017-2022)
- Cash Flow & Debt Service Ratios (2014-2029)
- Revenue per Employee (2014-2029)
- Revenue per Enterprise (2014-2029)
- Employees per Establishment (2014-2029)
- Employees per Enterprise (2014-2029)
- Average Wage (2014-2029)
- Wages/Revenue (2014-2029)
- Establishments per Enterprise (2014-2029)
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
Detailed analysis
- Trends in the cost component for industry operators and their impact on industry costs and profitability
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Top Questions Answered
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Climbing Gyms in the US industry in United States in 2024?
The market size of the Climbing Gyms in the US industry in United States is $580.1m in 2024.
How many businesses are there in the Climbing Gyms in the US industry in 2024?
There are 561 businesses in the Climbing Gyms in the US industry in United States, which has grown at a CAGR of 6.0 % between 2019 and 2024.
Has the Climbing Gyms in the US industry in United States grown or declined over the past 5 years?
The market size of the Climbing Gyms in the US industry in United States has been growing at a CAGR of 0.7 % between 2019 and 2024.
What is the forecast growth of the Climbing Gyms in the US industry in United States over the next 5 years?
Over the next five years, the Climbing Gyms in the US industry in United States is expected to grow.
What does the Climbing Gyms in the US in United States include?
Manage climbing gyms and Provide rock walls or other surfaces and needed accessories are part of the Climbing Gyms in the US industry.
How competitive is the Climbing Gyms in the US industry in United States?
The level of competition is moderate and increasing in the Climbing Gyms in the US industry in United States.
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Methodology
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IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
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Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in the US include:
- US Census Bureau
- US Bureau of Labor Statistics
- US International Trade Commission
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
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- Major industry players annual or quarterly filings
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
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