Market Overview:
The global fiberglass fishing rods market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as the increasing demand for fiberglass fishing rods from recreational fishermen, rising disposable income of consumers in developing countries, and technological advancements in rod manufacturing processes. The global fiberglass fishing rods market can be segmented on the basis of type into spining rods and casting rods. The spining rod segment is expected to account for a larger share of the global market than the casting rod segment during the forecast period. This can be attributed to its growing popularity among recreational fishermen owing to its versatility and easy maneuverability. On the basis of application,the global fiberglass fishing rods market can be divided into salt water fishing and fresh water fishing segments.
Product Definition:
A fiberglass fishing rod is a type of fishing rod that is made from fiberglass. Fiberglass rods are generally lighter and more sensitive than other types of rods, making them ideal for casting light lures or flies. They are also more durable than other types of rods, making them a good choice for anglers who frequently fish in rugged areas.
Spining Rods:
Spining rods are also known as spinning reels or spinners. They are used for fishing in calm water conditions where the angler does not want to use a conventional fishing rod. Spinning rods have a faster casting rate than regular fishing rods and can be used by beginners and experts alike, since they require no special technique to handle them.
The growth factor in the fiberglass fishing rods market is attributed to increasing demand from developing countries such as India, China, Vietnam.
Casting Rods:
Casting rods are used to cast the nets, they are also known as fishing rods. The casting rod is a tool that is used in connection with a reel to cast the fishing nets or lines. It consists of a handle and either single or double-sided blades attached at one end which helps in casting the net.
Application Insights:
In 2017, salt water fishing accounted for the largest share in terms of revenue as well as volume in the global fiberglass fishing rods market. The growth can be attributed to increasing disposable income and spending on recreational activities by consumers, especially in countries such as China, Japan and Australia. These factors are expected to drive demand for fiberglass rods over the forecast period.
The fresh water segment is anticipated to witness significant growth over the forecast period owing to increased focus on conservation efforts by governments across various regions including North America and Europe. For instance, government initiatives have led people across Canada and U.S., particularly from urban areas toward more sustainable living habits including using recycled materials while making products such as toys, sporting goods etcetera which is expected to propel demand for fiberglass fishing rods during this time frame.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a growth rate of 5.6% over the forecast period, owing to increasing demand for light-weighted and durable angling equipment among recreational as well as professional fishers across U.S., Canada, and Mexico.
Asia Pacific is anticipated to register significant growth over the next eight years owing to rising disposable income levels coupled with growing popularity of outdoor sports activities among youths & adults in countries including China, Japan, South Korea, Australia, New Zealand as well as India will remain a favorable factor for regional industry expansion.
Europe was estimated at USD X million in 2017.
Growth Factors:
- Increasing demand for fiberglass fishing rods from the recreational fishing segment is expected to drive the growth of the market during the forecast period.
- The growing popularity of fly-fishing is also anticipated to boost demand for fiberglass fishing rods in the coming years.
- Rising disposable income of consumers in developing countries is expected to create new opportunities for market players operating in this space.
- The increasing use of fiberglass fishing rods as a tool for competitive angling is projected to fuel market growth over the next few years. 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Fiberglass Fishing Rods Market Research Report
By Type
Spining Rods, Casting Rods
By Application
Salt Water Fishing, Fresh Water Fishing
By Companies
Globeride(Daiwa), Shimano, RapalaVMCCorporation, WeihaiGuangweiGroup, DongmiFishing, RYOBI, PokeeFishing, Cabela'sInc., EagleClaw, Humminbird, Tiemco
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Fiberglass Fishing Rods Market Report Segments:
The global Fiberglass Fishing Rods market is segmented on the basis of:
Types
Spining Rods, Casting Rods
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Salt Water Fishing, Fresh Water Fishing
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Globeride(Daiwa)
- Shimano
- RapalaVMCCorporation
- WeihaiGuangweiGroup
- DongmiFishing
- RYOBI
- PokeeFishing
- Cabela'sInc.
- EagleClaw
- Humminbird
- Tiemco
Highlights of The Fiberglass Fishing Rods Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Spining Rods
- Casting Rods
- By Application:
- Salt Water Fishing
- Fresh Water Fishing
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Fiberglass Fishing Rods Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Fiberglass fishing rods are made from a lightweight, strong material that is resistant to corrosion. They are also easy to handle and provide good casting ability.
Some of the major players in the fiberglass fishing rods market are Globeride(Daiwa), Shimano, RapalaVMCCorporation, WeihaiGuangweiGroup, DongmiFishing, RYOBI, PokeeFishing, Cabela'sInc., EagleClaw, Humminbird, Tiemco.
The fiberglass fishing rods market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Fiberglass Fishing Rods Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Fiberglass Fishing Rods Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Fiberglass Fishing Rods Market - Supply Chain
4.5. Global Fiberglass Fishing Rods Market Forecast
4.5.1. Fiberglass Fishing Rods Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Fiberglass Fishing Rods Market Size (000 Units) and Y-o-Y Growth
4.5.3. Fiberglass Fishing Rods Market Absolute $ Opportunity
5. Global Fiberglass Fishing Rods Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Fiberglass Fishing Rods Market Size and Volume Forecast by Type
5.3.1. Spining Rods
5.3.2. Casting Rods
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Fiberglass Fishing Rods Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Fiberglass Fishing Rods Market Size and Volume Forecast by Application
6.3.1. Salt Water Fishing
6.3.2. Fresh Water Fishing
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Fiberglass Fishing Rods Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Fiberglass Fishing Rods Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Fiberglass Fishing Rods Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Fiberglass Fishing Rods Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Fiberglass Fishing Rods Demand Share Forecast, 2019-2026
9. North America Fiberglass Fishing Rods Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Fiberglass Fishing Rods Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Fiberglass Fishing Rods Market Size and Volume Forecast by Application
9.4.1. Salt Water Fishing
9.4.2. Fresh Water Fishing
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Fiberglass Fishing Rods Market Size and Volume Forecast by Type
9.7.1. Spining Rods
9.7.2. Casting Rods
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Fiberglass Fishing Rods Demand Share Forecast, 2019-2026
10. Latin America Fiberglass Fishing Rods Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Fiberglass Fishing Rods Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Fiberglass Fishing Rods Market Size and Volume Forecast by Application
10.4.1. Salt Water Fishing
10.4.2. Fresh Water Fishing
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Fiberglass Fishing Rods Market Size and Volume Forecast by Type
10.7.1. Spining Rods
10.7.2. Casting Rods
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Fiberglass Fishing Rods Demand Share Forecast, 2019-2026
11. Europe Fiberglass Fishing Rods Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Fiberglass Fishing Rods Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Fiberglass Fishing Rods Market Size and Volume Forecast by Application
11.4.1. Salt Water Fishing
11.4.2. Fresh Water Fishing
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Fiberglass Fishing Rods Market Size and Volume Forecast by Type
11.7.1. Spining Rods
11.7.2. Casting Rods
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Fiberglass Fishing Rods Demand Share, 2019-2026
12. Asia Pacific Fiberglass Fishing Rods Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Fiberglass Fishing Rods Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Fiberglass Fishing Rods Market Size and Volume Forecast by Application
12.4.1. Salt Water Fishing
12.4.2. Fresh Water Fishing
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Fiberglass Fishing Rods Market Size and Volume Forecast by Type
12.7.1. Spining Rods
12.7.2. Casting Rods
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Fiberglass Fishing Rods Demand Share, 2019-2026
13. Middle East & Africa Fiberglass Fishing Rods Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Fiberglass Fishing Rods Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Fiberglass Fishing Rods Market Size and Volume Forecast by Application
13.4.1. Salt Water Fishing
13.4.2. Fresh Water Fishing
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Fiberglass Fishing Rods Market Size and Volume Forecast by Type
13.7.1. Spining Rods
13.7.2. Casting Rods
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Fiberglass Fishing Rods Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Fiberglass Fishing Rods Market: Market Share Analysis
14.2. Fiberglass Fishing Rods Distributors and Customers
14.3. Fiberglass Fishing Rods Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Globeride(Daiwa)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Shimano
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. RapalaVMCCorporation
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. WeihaiGuangweiGroup
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. DongmiFishing
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. RYOBI
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. PokeeFishing
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Cabela'sInc.
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. EagleClaw
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Humminbird
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Tiemco
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
