According to the latest IMARC Group report, entitled “Sport Fishing Equipment Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2020-2025», The world’s sport fishing equipment to continue its moderate growth over the next five years.

We regularly monitor the direct effect of COVID-19[female[feminine on the market, as well as the indirect influence of associated industries. These observations will be incorporated into the report.

Sport fishing equipment refers to devices used for recreational fishing activities and competitions. They mainly include fishing rods, hooks, lines, baits, lures, sinkers, etc. These tools are used for grappling, gear, stunning, angling, trapping, sacknetting, trawling, seine and gillnet fishing. Fishing lines are attached to attract, hold and capture fish with natural or artificial bait. These lines are tied to spinning, spinning and fly fishing reels, which help hunt large fish and shellfish. Various portable equipment, such as spears and harpoons, can also be thrown with a push to injure and catch fish.

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Market trends

The expansion of the fishing industry, as well as the increasing participation in water sports activities, mainly stimulates the sport fishing equipment market. Moreover, the increasing number of fishing associations and recreational fishing clubs is also propelling the market growth. In addition, the increasing investments in the development of high quality fishing equipment and the aggressive promotional activities by manufacturers are also contributing to the growth of the sport fishing equipment market. In addition to this, several key players are launching innovative product variants connected with sensors, thus propelling the growth of the market. In addition, the growing consumer preferences for outdoor recreational activities are also expected to boost the sport fishing equipment market.

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List of Key Companies Covered By This Market Report:

• AFTCO Mfg. Co. Inc.
• Gamakatsu
• Globeride inc.
• Newell brands
• Mustad & Fils
• Okuma Fishing Tackle Corp.
• Rapala VMC Corporation (Sofina)
• Shimano Inc.

The report segmented the market on the basis of product type, application, end user, distribution channel, and geography.

Breakdown by product type:

• Fishing rods
• Fishing reels
• Fishing hooks
• Fishing lures
• Fishing lines
• Fishing platforms
• Fishing jig heads
• Others

Breakdown by application:

• Freshwater fishing
• Saltwater fishing

Breakdown by end user:

• Individual consumer
• Clubs
• Sports organizers

Breakdown by distribution channel:

• Specialty stores and sports shops
• Departmental stores and discount stores
• Online stores
• Others

Distribution by geography:

• North America (United States and Canada)
• Europe (Germany, UK, France, Italy, Spain, Russia and others)
• Asia-Pacific (China, India, Japan, South Korea, Indonesia, Australia and others)
• Latin America (Brazil, Mexico)
• Middle East and Africa

Highlights of the report:

• Market performance (2014-2019)
• Market Outlook (2020-2025)
• Porter’s Five Forces Analysis
• Market drivers and success factors
• SWOT analysis
• Value chain
• Complete mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as part of the customization.

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