Fishing Rod Market Expected to Hit USD 1289.2
Raipur, Sept. 12, 2022 (GLOBE NEWSWIRE) — Stratview Research, a leader market research firm launched a report on fishing rod Market which provides in-depth analysis of market dynamics, current and emerging trends, industry forecasts and competitive landscape.
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How is the report useful?
The report has great utility for key decision makers and strategists in terms of accurate market insights, future growth opportunities, and key success factors.
Most importantly, the report analyzes the possible impact of COVID-19 on the market dynamics, which provides cushion against the uncertain business environment and helps streamline resources and investment decisions fruitfully.
What are the main market drivers?
According to the report, the fishing rods market is driven by a multitude of factors, some of which are noted below:
- Growing competition in fishing in different countries.
- Rise of fishing as a sport activity in various age groups in several countries.
The report also includes growth rate estimates based on the intensity of drivers and restraints and provides users with several graphical illustrations of key information.
fishing rod Market segmentation :
Stratview Research has segmented the market in the following manner, which meets the market data needs of multiple stakeholders across the industry value chain.
- type of product
- Type of raw material
- type of request
- Distribution channel type
fishing rod Market overview
Market trends by product type
The spinning rod segment dominated the market in 2019 and is expected to maintain its position during the forecast period. Casting rods are effective for casting lighter lures far and useful in windy locations. Fly fishing rods are expected to see the greatest growth over the forecast period due to their ability to cast bait in distant waters.
Market trends by type of application
Recreational fishing accounted for the largest share of the market and is expected to remain dominant during the forecast period. People’s increasing preference for the most popular fishing destination is the main factor behind the dominance of the recreational fishing segment.
Which region offers the best opportunity and growth?
North America is estimated to be the largest market for fishing rods during the forecast period. The significant demand from commercial and recreational applications is driving the region’s growth. Europe and Asia-Pacific also hold a major share of the market and are expected to witness healthy growth over the forecast period.
Impact of COVID-19 on the Fishing Rods Market
COVID-19 has brought an instant halt to many industries around the world. Lockdown norms in several countries quickly affected the global economy by affecting supply chain, production and market demand. The direct and indirect impacts of the pandemic have been integrated into this report.
To learn more about the impact of covid-19, get a free sample report here:
Who are the best market players?
After in-depth analysis of the market, the experts have listed down few key players and discussed the company profiles of the players below –
- Cabela’s Inc.
- Dongmi Fishing Tackle (Foshan) Co., Ltd.
- eagle claw
- Preston Innovations
- Pokee Fishing Tackle
- Pure Peach, Inc.
- Shimano, Inc.
- Canes of Sainte-Croix
- Tica fishing tackle
What deliverables will you get in this report?
- In-depth analysis of the Fishing Rods market
- Detailed market segmentation.
- Analysis of the competitive landscape.
- Historical, current and future market size analysis.
- Industry trends, technologies and advancements.
- Growth and operating strategies adopted by key players.
- Potential segments/regions offering promising growth.
- Geographical presence of the main players.
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About Us –
Stratview Research is a global market research company that offers reliable market reports, market entry strategies, strategic growth advice, and more. Market experts compile high-quality market information to help users gain granular level clarity on current business trends and expected future developments. Stratview Research also offers report customization. Contact the analysts to customize the given report according to your priority/requirement.
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