Carabiners are metal loops with a spring-loaded gate that is used to connect the components, most particularly, in safety-critical systems. Carabiners are available in various sizes, shapes, and made from various materials such as steel, plastic, and aluminum. They are mostly connected to the rope and used for activities such as climbing, construction, rope rescue, industrial rope work, window cleaning, sailing, acrobatics, etc.
Rising demand for carabiners owing to an increase in construction activities, industrial rope work, white water rescue trainings, camping, and trekking is expected to boost the carabiners market during the forecast period
Key Drivers and Opportunities of Global Carabiners Market
Climbing is a whole-body activity and trending recreational sport; it helps improve dexterity and physical strength. The number of recreational climbers has been increasing around the world for the last few years. Climbing helps improve blood circulation, strengthen muscle, balance, and offers stress relief. These factors are expected to propel the global carabiners market.
Increase in number of outdoor activities, such as climbing, and rising awareness about security and safety have fueled the demand for carabiners. Moreover, indoor or wall climbing is gaining popularity in physical education programs elementary and middle schools. Furthermore, increase in number of indoor rock climbing venues and gyms has also augmented the market.
Rising construction activities owing to an increase in population and urbanization and increasing spending power of people for recreational activities have created significant opportunity for the carabiners market. Moreover, increasing accidents while performing industrial rope work and a rise in safety rules and regulations by governments have prompted businesses to use carabiners.
Rise in number of accidents during climbing activities could restrain the market. Additionally, the COVID-19 pandemic has hampered businesses due to work stoppage, halt in raw materials supply, which in turn has also hindered sales of carabiners. However, the market is projected to expand in the next few years owing to easing of restrictions across the globe. Manufacturers are focused on manufacturing safe products with best available material in order to cater to customers’ demand, which in turn is expected to boost the market.
North America to Hold Major Share of Global Carabiners Market
- In terms of region, the carabiners market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America
- North America accounted for a prominent share of the global carabiners market. Increased involvement of people in indoor and outdoor climbing activities and stringent rules enacted by governments for safety of climbers and industrial workers in the region are major factors driving the demand for the carabiners in North America.
- North America is followed by Europe and Asia Pacific, in terms of share of the global carabiners market, due to increasing trend of outdoor activities, rising disposable income, and surge in spending power on recreational activities in these regions
Key Players Operating in Global Carabiners Market
- 3M
- Black diamond
- C.A.M.P
- Cresto Group
- DMM International
- Edelrid GmbH
- Fallsafe
- Grivel
- SKYLOTEC GmbH
- Vertiqual
- Wichard
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