Dublin, May 12, 2023 (GLOBE NEWSWIRE) -- The "Recreational Safety Harness Global Market Report 2023" report has been added to ResearchAndMarkets.com's offering.
The global recreational safety harness market is expected to grow from $13.76 billion in 2022 to $14.29 billion in 2023 at a compound annual growth rate (CAGR) of 3.89%. The recreational safety harness market is expected to reach $15.92 billion in 2027 at a CAGR of 2.7%.
The growing popularity of climbing sports is driving the recreational safety harness market. Sport climbing is a sport in which a sportsman climbs a rock or mountain with proper safety equipment and safety measures. Safety harnesses are required for climbing sports such as rock climbing or mountaineering due to the enhanced safety provided by the harness and the dangerous nature of the game sport. The demand for recreational safety harnesses will rise in response to the growing popularity of climbing sports.
For instance, according to the Climbing Business Journal, a US-based newsletter company providing insights related to the climbing sports industry, in 2021, 53 new climbing gyms were opened in the US, the highest number of openings in a calendar year alone. The growth rate of climbing gyms in the US was 8.24% in 2021, which was higher compared to 5.41% in 2020 and 5.07% in 2019. Therefore, the growing popularity of climbing sports will drive the recreational safety harness market forward.
The recreational safety harness market research report is one of a series of new reports that provides recreational safety harness market statistics, including recreational safety harness industry global market size, regional shares, competitors with a recreational safety harness market share, detailed recreational safety harness market segments, market trends and opportunities, and any further data you may need to thrive in the recreational safety harness industry. This recreational safety harness market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
Technological advancement is a key trend gaining popularity in the recreational safety harness market. Major companies in the market are launching new products with innovative technologies, such as the new fall safety harnesses integrated with NFC (near field communication) technology for easy access to safety information on smartphones, enabling better safety.
For instance, in October 2020, Twiceme Technology AB, a Swedish safe-tech company offering digital solutions for easily accessible vital information in fall protection harnesses, partnered with Fall Safe, the European fall protection company, to provide fall protection harnesses with twICEme technology. It enables a digital solution allowing easy access to crucial information in fall protection harnesses. A device based on NFC technology that allows access to vital information on safety equipment on the user's smartphone. The twICEme device can be integrated into any safety harness with a high risk of accidents, such as climbing equipment.
In February 2021, Delta Plus Group, a France-based manufacturer of personal protective equipment (PPE), acquired Artex for an undisclosed amount. The acquisition adds a new product portfolio to the company and accelerates its growth in the German market. Artex is a German manufacturer of personal fall protection equipment such as harnesses, reels, and tethers.
North America was the largest region in the recreational safety harness market in 2022. The regions covered in the recreational safety harness report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the recreational safety harness market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
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Scope
Markets Covered:
1) By Type: Full Body Harnesses; Sit And Work Harnesses; Children's Harnesses; Other Types
2) By End-Users: Commercial End-Users; Individual End-Users
3) By Application: Rock Climbing; High-Lining; Hunting; Other Applications
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 200 |
| Forecast Period | 2023 - 2027 |
| Estimated Market Value (USD) in 2023 | $14.29 billion |
| Forecasted Market Value (USD) by 2027 | $15.92 billion |
| Compound Annual Growth Rate | 2.7% |
| Regions Covered | Global |
Key Topics Covered:
1. Executive Summary
2. Recreational Safety Harness Market Characteristics
3. Recreational Safety Harness Market Trends And Strategies
4. Recreational Safety Harness Market - Macro Economic Scenario
5. Recreational Safety Harness Market Size And Growth
6. Recreational Safety Harness Market Segmentation
7. Recreational Safety Harness Market Regional And Country Analysis
A selection of companies mentioned in this report includes
- 3M
- Black Diamond Equipment
- CMC Rescue Inc
- KwikSafety
- Misty Mountains Ltd
- Neil Pryde Ltd
- Petzl
- PMI Rope
- SKYLOTEC GmbH
- Yates Gear Inc
- Honeywell International
- HC Safety
- Cresto Group
- Kaya Safety
- Elytra
- Portwest
For more information about this report visit https://www.researchandmarkets.com/r/3bbftg
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