Economics of climbing gyms.
In total, 21 climbing gyms closed their doors across the U.
Economics of climbing gyms Beer flowing. Hundreds of jacked dirt-bags, gym rats and office bats screaming their chalk bags off for one thing. Europe climbing gym market with a market share of around 30% in 2023 and anticipated to grow with a CAGR of 9. Climbing gyms have become a place to network, to “work from home” and to hang out with colleagues in the evening. S. Nov 19, 2024 · A successful rock climbing gym goes beyond having climbing walls. Germany has emerged as the European hub for climbing gyms due to its broad engagement in the sports and extensive fitness facilities. They boast cafes with woodfired pizza ovens, top of the range calisthenics gyms and training boards. The outbreak of COVID-19 led to massive declines for climbing gyms. Thanks to the large real estate you need, rent will likely be well above 20,000$ per month at least in the U. Introduce programs like beginner courses, youth classes, and social climbing events to draw in new climbers and strengthen community bonds. Oct 24, 2024 · It is possible that it is one of the drivers of the return to climbing gyms from 2021 to 2023, but it’s difficult to know for sure. This same survey concluded that only 13% of full-service respondents felt their market was oversaturated, with the bouldering-only contingent coming in at 9%, allowing for significantly more new growth in most U. As a result, the number of climbing gyms has surged, with hundreds of new facilities opening worldwide each year. Matt Roberts of the Kernmantle Group. Pent-up demand and new interest in climbing as the sport debuted at the Olympics enabled climbing gyms to recover from pandemic-induced declines. . The session discussed a survey sent out a month before the show, aiming to gauge the industry’s perspective on its economic outlook for 2025 and beyond. Bouldering gyms are the fastest-growing segment. Conclusion Mar 9, 2015 · Microphones roaring. It’s time to take out a pencil and calculator and answer the question: Are climbing gyms profitable after all? Your own climbing gym – a dream job? May 21, 2024 · If you swiped into Touchstone’s Hollywood Boulders at 9:32 a. market grows at a rate of nearly 10% every year, so do the quantity of potential climbing competition venues As it turns out, running a climbing gym is a tough and expensive business with some very risky assumptions, huge upfront investments, and monthly costs higher than the yearly salary of many folks. The climbing gym industry is experiencing significant growth, driven by many factors that cater to changing lifestyles and preferences. on January 30, 2024, and looked for a manager, you wouldn’t find one. May 21, 2024 · If you swiped into Touchstone’s Hollywood Boulders at 9:32 a. and CIMA in Mexico (see below for more details on the Mar 9, 2015 · Microphones roaring. 2%). Oct 10, 2024 · The latest gyms, often the chains, offer clean, bright and social media friendly environments. market grows at a rate of nearly 10% every year, so do the quantity of potential climbing competition venues Apr 21, 2025 · Currently there are 35 gyms in London, of which roughly 60% are chain-sites (LCC, The Arch, The Climbing Hangar…). Jun 2, 2025 · The Industry Economic and Market Conditions session, which drew almost 25 percent of attendees who work at climbing gyms, was hosted by Dr. In fact, on that particular morning, every Touchstone gym manager in the Southern California region was either working from home or coming in late. Furthermore, 2023 saw a continuation of a bouldering-focused boom for climbing gym development (which likely contributed to an increased prevalence of training boards as gym amenities); a continued embrace by operators and brands of climbing industry gatherings and trade shows, including the launching of the Indoor Climbing Expo in the U. Sep 22, 2023 · The overall revenue for climbing gyms in North America was estimated at $646, 870,410. In total, 21 climbing gyms closed their doors across the U. markets without projected revenue loss due to competition. 6% for the U. 1% from 2024 to 2032. 76% of these gyms are bouldering-only. m. It all amounted to a combined net climbing gym growth rate of 3. Kids crushing. Alex Puccio dynoing. and Canada, the lowest net growth rate for the industry since 2006 (1. and Canada last year, second to only 2020 (26) for the most annual closures ever. Climbing gyms have endured considerable volatility. 3% from 2025 to 2030. Given what you’ve learned above, have a think about how you might estimate the impact of the 2024 Paris Olympics on Climbing participation once the data becomes available over the next few years. 1 million by 2030, growing at a CAGR of 9. Engaging with the community is essential for building loyalty and maintaining interest. Running a profitable climbing gym is not easy but hard, probably way harder and far costlier than most people think. Competition! As the number of climbing gyms entering the U. Dec 16, 2024 · The climbing gym industry has seen remarkable growth over the past decade, fueled by climbing’s debut as an Olympic sport in 2021 and the increasing popularity of indoor climbing as a mainstream fitness activity. The global climbing gym market size was estimated at USD 3,322,720. 0 million in 2024 and is projected to reach USD 5,665,193. The Castle, Mile End Climbing Wall and the Westway, established in the 80s and 90s, still hold dominant positions when it comes to rope climbing. As you saw, opening a climbing gym costs a lot of money upfront, and the upkeep costs are not small as well. srvlvedzpoglphhqhucodlkbwteqrursexvgwzztofoqqrweqycpcy