Global Recreational Safety Harness market outlook 2024, Forecast To 2033
4 Mar, 2024
The recreational safety harness market size has shown steady growth, rising from$14.18 billion in 2023 to$14.62 billion in 2024 at a compound annual growth rate (CAGR) of 3.1%. The historic growth is attributed to consumer preferences, safety regulations, adventure tourism, construction and maintenance, and amusement parks. Predicted growth in the upcoming years is expected to reach$16.67 billion in 2028 at a compound annual growth rate (CAGR) of 3.3%. The forecasted growth is driven by insurance and liability factors, a sustainability focus, corporate safety initiatives, professional training programs, increasing health and wellness focus, and social media influence. Major trends in the forecast period include institutional and organizational policies, legal and insurance compliance, environmental sustainability, innovative designs, and education and training.
Global Recreational Safety Harness Market Key Driver
The surging popularity of climbing sports is driving growth in the recreational safety harness market. As the interest in activities like rock climbing and mountaineering continues to soar, the demand for safety harnesses has witnessed a notable uptick. Safety harnesses play a pivotal role in ensuring the safety of climbers, given the inherent risks associated with these sports. According to the Climbing Business Journal, the US saw a record number of 53 new climbing gyms opened in 2021, reflecting the increasing traction of climbing sports. With climbing gym growth rates surpassing previous years, there is a corresponding surge in the demand for recreational safety harnesses, driving market expansion.
Get A Free Sample Of The Global Recreational Safety Harness Market ReportGlobal Recreational Safety Harness Market Segments
The global recreational safety harness market covered in this report is segmented –
1) By Type: Full Body Harnesses, Sit And Work Harnesses, Children's Harnesses, Other Types
2) By Application: Rock Climbing, High-Lining, Hunting, Other Applications
3) By End-Users: Commercial End-Users, Individual End-Users
By Geography: The regions covered in the recreational safety harness market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa.
North America was the largest region in the recreational safety harness market in 2023. The regions covered in the recreational safety harness market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Major Recreational Safety Harness Industry Players
3M company, Black Diamond Equipment Ltd. Inc., CMC Rescue Inc., Cresto Group AB, Elytra Ltd., HC Safety, Honeywell International Inc., Kaya Safety Co., KwikSafety Co., Misty Mountains Ltd., Neil Pryde Ltd., Petzl SAS, PMI Rope, Portwest Ltd., SKYLOTEC GmbH, Yates Gear Inc., capital Safety Ltd., DBI Sala Co., Elk River Inc., FallTech, FrenchCreek Production Inc., Guardian Fall Protection, Miller Fall Protection, MSA Safety Inc., Protecta International, Rigid LifeLines, Rock Exotica, Safe Approach, Sala International Ltd.
Get The Full Global Recreational Safety Harness Market Report
Recreational Safety Harness Market Overview
A recreational safety harness is physical protective equipment that is designed to protect the wearer from falling. This safety equipment is specially designed for recreational sports.
Recreational Safety Harness Global Market Report 2023 provides data on the global recreational safety harness market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The recreational safety harness market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.