I built this rack about 15 years ago and I've been using it ever since.
I dry kites, wetsuits, cycling gear, running gear, anything that gets wet. I've even dried a paraglider.
It's just some 50mm plastic pipe, 4 joints, a couple of eye-bolts in the ceiling and some scrap rope and gaffer tape. I taped it up to see if it would work and I never got around to gluing it.