The global fishing gear industry is expected to reach $31.8 billion by 2028
DUBLIN, March 21, 2022 /PRNewswire/ — Fishing Equipment Market Forecast to 2028 – Impact of COVID-19 and Global Analysis by Type (Fishing Rods, Nets & Traps, Hooks, Reels, Fishing Lines, Sinkers and Others) and distribution channel (supermarkets and hypermarkets, specialty stores, online retail and others)” has been added to from ResearchAndMarkets.com offer.
The global fishing gear market is expected to grow from US$23,799.79 million in 2021 for US$31,835.53 million by 2028; it is estimated to register a CAGR of 4.2% from 2021 to 2028.
Rising participation in recreational fishing and growing fish-based tourism in developing countries are the major factors attributed to drive the fishing equipment market over the forecast period.
Based on type, the fishing equipment market is segmented into fishing rods, nets and traps, hooks, reels, fishing lines, sinkers and others. The fishing rod segment accounted for the largest market share in 2020. Growing number of anglers and increasing adoption of fishing as a recreational activity fueled the demand for fishing rods. Based on the distribution channel, the fishing equipment market is segmented into supermarkets & hypermarkets, specialty stores, online retail and others. The specialty store segment is expected to grow as staff are knowledgeable enough to explain product benefits and specifications to customers so they can find the product they are interested in; this attracts a fixed set of customers who later become repeat buyers.
The fishing equipment market in Europe is expected to grow at the highest CAGR over the forecast period. The growth of sports and recreational activities and the rise of e-commerce platforms are fueling the growth of the market in European countries. Europe is considered one of the growing markets for fishing equipment due to the boom in recreational fishing and anglers in the region. Thus, due to an increasing trend of recreational fishing in the country, the demand for fishing rods, hooks, nets, traps and fishing lines is increasing and driving the fishing equipment market in the region .
Reasons to buy
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Highlights key business priorities to help companies realign their business strategies.
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Presents key findings and crucial progressive industry trends in the global Fishing Equipment Market, thereby allowing players to develop effective long term strategies.
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Develops/modifies business expansion plans using substantial growth offering from both developed and emerging markets.
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Scrutinize in-depth market trends along with key market drivers and restraints.
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Improves the decision-making process by understanding the strategies that drive business interest with respect to products, segmentation, and industry verticals.
Main topics covered:
1. Introduction
2. Main Takeaways
3. Research methodology
4. Fishing Equipment Market Landscape
4.1 Market Overview
4.2 Pest analysis
4.2.1 North America
4.2.2 Europe
4.2.3 Asia Pacific
4.2.4 Middle East & Africa
4.2.5 Central and South America
4.3 Expert advice
5. Fishing Equipment Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increase participation in recreational fishing
5.1.2 Growth of fish-based tourism in developing countries
5.2 Market Constraints
5.2.1 Impact of fishing gear on the environment
5.3 Market Opportunities
5.3.1 Growth of e-commerce channels
5.4 Future trends
5.4.1 Technology/Product Innovation
5.5 Impact analysis
6. Fishing Equipment – Global Market Analysis
6.1 Fishing Equipment Market Overview
6.2 Fishing Equipment Market- Revenue and Forecast to 2028 (Million USD)
6.3 Market Positioning – Fishing Equipment Market Players
7. Global Fishing Equipment Market Analysis – By Type
7.1 Overview
7.2 Fishing Equipment Market, by Category (2020 & 2028)
7.3 Fishing rods
7.3.1 Overview
7.3.2 Fishing Rods: Fishing Equipment Market – Revenue and Forecast to 2028 (USD Million)
7.4 Nets and traps
7.4.1 Overview
7.4.2 Nets and Traps: Fishing Equipment Market – Revenue and Forecast to 2028 (USD Million)
7.5 Hooks
7.5.1 Overview
7.5.2 Fishing Hooks: Fishing Equipment Market – Revenue and Forecast to 2028 (USD Million)
7.6 Rollers
7.6.1 Preview
7.6.2 Fishing Reels: Fishing Equipment Market- Revenue and Forecast to 2028 (USD Million)
7.7 Fishing line
7.7.1 Preview
7.7.2 Fishing Line: Fishing Equipment Market- Revenue and Forecast to 2028 (USD Million)
7.8 Leads
7.8.1 Preview
7.8.2 Sinkers: Fishing Equipment Market – Revenue and Forecast to 2028 (USD Million)
7.9 Others
7.9.1 Preview
7.9.2 Other: Fishing Equipment Market – Revenue and Forecast to 2028 (USD Million)
8. Fishing Equipment Market Analysis – By Distribution Channel
8.1 Overview
8.2 Fishing Equipment Market, By Distribution Channel (2020 & 2028)
8.3 Supermarkets and hypermarkets
8.3.1 Overview
8.3.2 Supermarkets & Hypermarkets: Fishing Equipment Market- Revenue and Forecast to 2028 (USD Million)
8.4 Specialized stores
8.4.1 Preview
8.4.2 Specialty Stores: Fishing Equipment Market – Revenue and Forecast to 2028 (USD Million)
8.5 Online Retail
8.5.1 Preview
8.5.2 Online Retail: Fishing Equipment Market – Revenue and Forecast to 2028 (USD Million)
8.6 Others
8.6.1 Preview
8.6.2 Other: Fishing Equipment Market – Revenue and Forecast to 2028 (USD Million)
9. Global Fishing Equipment Market – Geographical Analysis
10. Impact of COVID-19 pandemic on the global fishing gear market
10.1 Overview – Impact of COVID-19
10.2 North America: Assessing the impact of the COVID-19 pandemic
10.3 Europe: Assessing the impact of the COVID-19 pandemic
10.4 Asia Pacific : Assessing the impact of the COVID-19 pandemic
10.5 Middle East and Africa: Assessing the impact of the COVID-19 pandemic
10.6 South and central America: Assessing the impact of the COVID-19 pandemic
11. Industry Landscape
11.1 Product launch
11.2 Merger & Acquisition
11.3 Expansion
12. Company Profiles
12.1 Eagle Claw Fishing Tackle Co.
12.1.1 Key Facts
12.1.2 Description of the activity
12.1.3 Products and services
12.1.4 Financial overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Okuma Fishing Tackle Co. Ltd.
12.2.1 Key Facts
12.2.2 Description of the activity
12.2.3 Products and services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Main developments
12.3 SHIMANO INC.
12.3.1 Key Facts
12.3.2 Description of the activity
12.3.3 Products and services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 TICA FISHING GEAR
12.4.1 Key Facts
12.4.2 Description of activity
12.4.3 Products and services
12.4.4 Financial overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 AFTCO
12.5.1 Key Facts
12.5.2 Description of activity
12.5.3 Products and services
12.5.4 Financial overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 RAPALA MVC CORPORATION
12.6.1 Key Facts
12.6.2 Description of activity
12.6.3 Products and services
12.6.4 Financial overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Weihai Guangwei Group Co., Ltd.
12.7.1 Key Facts
12.7.2 Description of activity
12.7.3 Products and services
12.7.4 Financial overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Decathlon SA
12.8.1 Key Facts
12.8.2 Description of activity
12.8.3 Products and services
12.8.4 Financial overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Daiwa
12.9.1 Key Facts
12.9.2 Description of activity
12.9.3 Products and services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Major Developments
12.10 Pure Fishing Inc.
12.10.1 Key Facts
12.10.2 Description of activity
12.10.3 Products and services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
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