Industry Statistics and Trends
Market size and recent performance (2014-2029)
Industry revenue has grown at a CAGR of 1.8 % over the past five years, to reach an estimated $728.3m in 2024.
Trends and Insights
Growing awareness in indoor wall climbing
- The broad popularity of indoor wall climbing, particularly among climbing communities in Colorado and the West Coast, has established this physical activity as a popular pastime.
- Additional trends and insights available with purchase
Source: IBISWorld
Industry outlook (2024-2029)
Market size is projected to grow over the next five years.
Trends and Insights
Unions will become more prevalent
- Unionization is gaining momentum. Touchstone is the fourth climbing gym chain in the US to form a union, following Vertical Endeavors, Movement Gym and VITAL Brooklyn. The unionization process might cause tensions between employees and management and has already complicated day-to-day operations in gyms attempting to organize.
Biggest companies in the Indoor Climbing Walls in the US
| Company | Market Share (%)
2023 | Revenue ($short_0)
2023 | Profit ($short_0)
2023 | Profit Margin (%)
2023 |
|---|
There are no companies that hold a large enough market share in the Indoor Climbing Walls 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 Membership programs and day passes, Fitness programs and Retail merchandise . Membership programs and day passes is the largest segment of the Indoor Climbing Walls in the US.
Trends and Insights
High inflation dampens demand for membership programs and day passes
- This product segment generates revenue via sales of membership programs and day passes, which are sold on an individual, monthly and annual basis.
- More insights available in the full report
Table of Contents
About this industry
Industry definition
Indoor climbing wall operators 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 used for indoor climbing.
What's included in this industry?
Membership programs and day passesFitness programsRetail merchandise salesBelay certification, youth and corporate climbing programsCompanies
Purchase this report to view all major companies in this industry.
Related Terms
BELAYBOULDERINGCARABINERIndustry Code
NAICS 71394 - Indoor Climbing Walls 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
Indoor climbing facilities diversify to attract broader audiences by offering more than just climbing. From yoga and aerial skills classes to meditation areas, these faciliti...
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
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
Rate of indoor gym attendance influences revenue generated via membership programs. As a higher percentage of customers pursue indoor wall climbing, operators are able to gen...
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
Population concentration is a crucial factor for establishment growth. Regions that house significant population centers are able to provide operators with a larger consumer ...
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
- Geographic spread of the industry across North America, and trends associated with changes in the business landscape
- 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
Emphasis on service quality boosts internal competition. Indoor climbing facilities that are able to provide high-quality service to their customers will have a competitive e...
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
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
There are no major companies within the Indoor wall climbing industry. The deep fragmentation of operators’ facilities, coupled with the localized demand for their services, ...
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2020 through 2024
- Major companies in the industry, including market share, revenue, profit and profit margin in 2024
Detailed analysis
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
Steady growth in per capita disposable income boosted consumer propensity. As more consumers gain fiscal flexibility, they will be more inclined to pursue discretionary activ...
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
- Regulation & Policy historical data and forecast (2014-2029)
- Assistance historical data and forecast (2014-2029)
Detailed analysis
- Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Financial Benchmarks
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Analyst insights
Consistent consumer activity boosts profit. As more consumers pursue new memberships and private classes, operators can rely on higher revenue generated via fees, which bolst...
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 Indoor Climbing Walls in the US industry in United States in 2024?
The market size of the Indoor Climbing Walls in the US industry in United States is $728.3m in 2024.
How many businesses are there in the Indoor Climbing Walls in the US industry in 2024?
There are 609 businesses in the Indoor Climbing Walls in the US industry in United States, which has grown at a CAGR of 11.7 % between 2019 and 2024.
Has the Indoor Climbing Walls in the US industry in United States grown or declined over the past 5 years?
The market size of the Indoor Climbing Walls in the US industry in United States has been growing at a CAGR of 1.8 % between 2019 and 2024.
What is the forecast growth of the Indoor Climbing Walls in the US industry in United States over the next 5 years?
Over the next five years, the Indoor Climbing Walls in the US industry in United States is expected to grow.
What does the Indoor Climbing Walls in the US in United States include?
Membership programs and day passes and Fitness programs are part of the Indoor Climbing Walls in the US industry.
How competitive is the Indoor Climbing Walls in the US industry in United States?
The level of competition is moderate and increasing in the Indoor Climbing Walls in the US industry in United States.
Related Industries
Widen your competitive advantage with related industries
Competitors
- Gym & Exercise Equipment Manufacturing in the US
- Gym, Health & Fitness Clubs in the US
Complementors
- Athletic & Sporting Goods Manufacturing in the US
- Sporting Goods Stores in the US
International industries
- Gym, Health & Fitness Clubs in Canada
- Gyms and Fitness Centres in Australia
- Gyms and Fitness Centres in New Zealand
- Gyms & Fitness Centres in the UK
- Personal Trainers in the UK
View all industries in United States
Methodology
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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
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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.
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