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Home›Fishing Equipment›Sport Fishing Equipment Market Size Expected to Grow by USD 2.09 Billion

Sport Fishing Equipment Market Size Expected to Grow by USD 2.09 Billion

By Sharon D. Horowitz
March 31, 2022
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Market scope

The Sport Fishing Equipment market report covers the following areas:

Supplier Information

The sport fishing equipment market is fragmented and the vendors are deploying growth strategies such as launching new products with innovative technologies to compete in the market. Some of the major providers are listed below:

  • AFTCO Mfg. Co. Inc.
  • Fairpoint Outdoor AS
  • Gamakatsu United States Inc.
  • GLOBERIDE Inc.
  • Grandt Industries Inc.
  • OKUMA FISHING TACKLE Co.Ltd.
  • Pure Fishing Inc.
  • Rapala VMC Corp.
  • Shimano Inc.
  • Tica fishing tackle

Find additional highlights on the growth strategies adopted by vendors and their product offerings, Read a free sample report.

Geographic Market Analysis

North America will provide maximum growth opportunities in Sport Fishing Gear over the forecast period. According to our research, the region will contribute 40% of the global market growth over the forecast period. The United States is the main market for sport fishing equipment in North America.

Learn more about the geographical distribution of this market along with a detailed analysis of major regions. View our report preview

Analysis of key segments

The growth of the sport fishing equipment market share by the fishing rod segment will be significant during the forecast period. Development of new variants of fishing rods with improved technologies will encourage more end users to invest in such models, subsequently accelerating the growth momentum of the market over the forecast period.

See a FREE sample: to know the highlights and additional key points on various market segments and their impact in the coming years.

Key Market Drivers and Challenges:

The growing popularity of recreational fishing is driving the growth of the sport fishing equipment market. However, factors such as the preference for second-hand and rental variants of sport fishing equipment may hamper the growth of the market.

Download a free sample for highlights on drivers and market challenges impacting the Sport Fishing Equipment market.

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Highlights

  • Market CAGR over the forecast period 2021-2025
  • In-depth information on factors that will contribute to the growth of the Sport Fishing Equipment market over the next five years
  • Estimation of the Sport Fishing Equipment market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the sport fishing equipment market
  • Market Competitive Landscape Analysis and Detailed Vendor Information
  • Comprehensive details of factors that will challenge the growth of the Sports Fishing Equipment Market vendors

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Sport Fishing Equipment Market Scope

Report cover

Details

Page number

120

Year of reference

2020

Forecast period

2021-2025

Growth momentum and CAGR

Accelerate at a CAGR of 3%

Market Growth 2021-2025

$2.09 billion

Market structure

Fragmented

Annual growth (%)

1.53

Regional analysis

North America, Europe, APAC, South America and MEA

Successful market contribution

North America at 40%

Main consumer countries

United States, China, France, Germany, United Kingdom and Japan

Competitive landscape

Leading companies, competitive strategies, scope of consumer engagement

Profiled companies

AFTCO Mfg. Co. Inc., Fairpoint Outdoors AS, Gamakatsu USA Inc., GLOBERIDE Inc., Grandt Industries Inc., OKUMA FISHING TACKLE Co. Ltd., Pure Fishing Inc., Rapala VMC Corp., Shimano Inc. and Tica Fishing Tackle

Market dynamics

Parent Market Analysis, Market Growth Drivers and Barriers, Fast and Slow Growing Segment Analysis, COVID 19 Impact and Future Consumer Dynamics, Market Condition Analysis for the Forecast Period,

Personalization area

If our report does not include the data you are looking for, you can contact our analysts and customize the segments.

Contents

Abstract

Market landscape

  • Market ecosystem
  • Market characteristics
  • Value chain analysis

Market sizing

  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market Outlook: Forecast for 2020 – 2025

Five forces analysis

  • The bargaining power of buyers
  • Bargaining power of suppliers
  • The threat of new entrants
  • The threat of substitutes
  • Threat of rivalry
  • Market state

Market segmentation by product

  • Market segments
  • Comparison by product
  • Fishing Rod – Market size and forecast 2020-2025
  • Fishing Reel – Market size and forecast 2020-2025
  • Fishing lure – Market size and forecast 2020-2025
  • Others – Market size and forecast 2020-2025
  • Market opportunity by product

Customer landscape

Geographic landscape

  • Geographic segmentation
  • Geographic comparison
  • North America – Market size and forecast 2020-2025
  • Europe – Market size and forecast 2020-2025
  • APAC – Market size and forecast 2020-2025
  • South America – Market size and forecast 2020-2025
  • MEA – Market size and forecast 2020-2025
  • Main leading countries
  • Market Opportunity by Geography
  • Market factors
  • Market challenges
  • Market trends

Supplier Landscape

  • Supplier Landscape
  • Landscape disturbance

Vendor analysis

  • Suppliers Covered
  • Positioning on the supplier market
  • AFTCO Mfg. Co. Inc.
  • Fairpoint Outdoor AS
  • Gamakatsu United States Inc.
  • GLOBERIDE Inc.
  • Grandt Industries Inc.
  • OKUMA FISHING TACKLE Co.Ltd.
  • Pure Fishing Inc.
  • Rapala VMC Corp.
  • Shimano Inc.
  • Tica fishing tackle

appendix

  • Report scope
  • Currency conversion rates for the US dollar
  • Research methodology
  • Abreviations list

About Us:

Technavio is a global leader in technology research and consulting. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s reporting library consists of over 17,000 reports and counts, spanning 800 technologies, spanning 50 countries. Their customer base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research, and actionable market intelligence to identify opportunities in existing markets and potentials and assess their competitive positions in changing market scenarios.

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