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As per the Technavio’s market research report, the global recreational safety harness market is expected to grow at a steady rate and post a CAGR of more than 3% during the forecast period. The growing focus of vendors on enhancing the product comfort will drive the growth prospects for the global recreational safety harness market during the estimated period. Many vendors such as CMC Rescue, Yates Gear, and PMI are increasingly offering products that provide utmost comfort with reinforced protection while undertaking strenuous recreational sports activities. Also, the incorporation of equal weight distribution mechanism in these safety harnesses makes the harness lightweight, while, the addition of polar mesh padding keeps the back portion of the wearer's body cool. Similarly, camlock buckles in recreational safety harnesses enable quicker and efficient adjustments across the waist, whereas, leg and waist pads in climbing harness enhance the durability and comfort of the harness. Furthermore, the growing focus of vendors to comply with safety standards, reduce fatigue, and provide lumbar support to the wearer will also drive the market’s growth in the coming years.
The evolving design trends will further drive the growth prospects for the global recreational safety harness market during the projected period. The latest trend for technological advancements in safety harnesses is mainly focused on shock absorption, stress management, and the use of new lightweight materials and instruments to improve the functionality of the harness, which, in turn, will fuel the demand for these harnesses.
The global recreational safety harness market is highly competitive due to the growing popularity of recreational sports activities across the globe. A large number of vendors are increasingly focusing on distinguishing their product and service offerings through a clear and unique value proposition to survive and succeed in this intensely competitive environment. Furthermore, these vendors are increasingly competing against each other based on factors such as performance, innovation in design and functionality, quality, compliance with key regulations, provision of support services, and cost.
Key vendors in this market are -
Other prominent vendors in the market include Black Diamond Equipment, Petzl, SKYLOTEC, Misty Mountains, and NEILPRYDE.
The commercial end-user segment dominated the market during 2016 and its dominance is expected to continue until the end of 2021. The wide use of recreational safety harnesses by theme parks, sports parks, and other private recreational houses, which will be the major factor driving the growth of the market during the next four years.
During 2016, the Americas was the leading contributor to the market and is expected to continue its dominance in the global recreational safety harness market during the forecast period. Factors such as the growth in the tourism industry, the rising interest in recreational sports activities, and the increasing number of health-conscious people, will fuel the growth of the recreational safety harness market in this region.
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PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by end-user
PART 07: Geographical segmentation
PART 08: Decision framework
PART 09: Drivers and challenges
PART 10: Market trends
PART 11: Vendor landscape
PART 12: Key vendor analysis
PART 13: Appendix
Tags: climbing harness, safety equipment, recycling companies, recycling services, energy market research, power market study,
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