Market Overview:
The global fishing equipment market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The market growth can be attributed to the increasing demand for recreational fishing, rising disposable income and growing awareness about the benefits of fishing. The global fishing equipment market is segmented on the basis of type, application and region. On the basis of type, the market is segmented into rods, reels and components, line, leaders, lures, files and baits. The rods segment accounted for a major share in 2017 owing to its wide usage in both freshwater as well as saltwater applications. On the basis of application, the market is divided into freshwater fishing and saltwater fishing segments. Freshwater Fishing dominated in terms with around two-thirds share in 2017 due to large number of freshwater fisheries present across different parts of world. However salt water Fishing is projected to grow at a higher CAGR during forecast period owing to increase popularity among anglers for deep sea or offshore angling .Geographically ,the global Fishing Equipment Marketis analyzedinto five regions namely North America Latin America Europe Asia Pacificand Middle East & Africa .
Product Definition:
Fishing equipment is a general term that refers to any tools or gear used for fishing. This might include items such as a fishing rod, reel, line, hooks, lures and sinkers. Fishing equipment can be used to catch both freshwater and saltwater fish. The importance of fishing equipment varies depending on the person. Some people view it as essential for catching fish, while others see it as simply a tool to help them enjoy the sport of fishing.
Rods, Reels and Components:
Rods, reels and components are the three main parts of fishing equipment. Rods are used for casting and lunging while reels are employed to winding up the line on to the fish’s mouth. The rods/reels combination is known as a rig. Components such as lines, hooks, weights etc., make up the rest of fishing equipment which is used by anglers for catching fish in water bodies such as rivers, streams or lakes.
Line, Leaders:
The line is the main fishing equipment used by anglers to fish. It can be distinguished from other fishing equipment as it has a leader attached to it. The type of leader used depends on the kind of fish one is trying to catch, for instance, when catching flatfish such as haddock and cod, one uses an inshore hard-body lead; whereas for tuna one uses a long-body lead.
Application Insights:
The freshwater fishing segment dominated the global market in 2017. The application is anticipated to witness a CAGR of XX% over the forecast period owing to rising disposable income and population in developing countries, such as China, India, Vietnam and others. Moreover, increasing government spending on improving infrastructure for water sports activities has boosted industry growth over the past few years.
The saltwater fishing segment is expected to expand at a CAGR of XX% from 2018 to 2030 due to growing demand for sportfishing among consumers across developed countries including U.S., Germany and France along with emerging economies including India and China. Rising consumer preference for catching exotic species through recreational angling has also fueled industry expansion over recent years as these species are usually caught through bait fishes or lures which costs more than 0 each pair in retail markets globally (excluding Japan).
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for more than half of the global population, which makes it a key regional market. China, Indonesia, India, Vietnam and Thailand are some of the major fishing nations in Asia Pacific countries that have been experiencing strong economic growth over recent years.
The Middle East & Africa is anticipated to be one of fastest-growing markets during the forecast period owing to increasing disposable income levels among consumers as well as government support towards marine recreational activities such as scuba diving and spearfishing.
Growth Factors:
- Increasing demand for seafood due to changing dietary habits of people across the globe.
- Growing popularity of recreational fishing, which is boosting the demand for fishing equipment.
- Proliferation of e-commerce platforms that are offering a wide range of fishing gear at competitive prices, thereby aiding in the growth of the market.
- Technological advancements in fishing equipment that are making it easier and more fun to fish, thus driving its adoption among consumers worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Fishing Equipment Market Research Report
By Type
Rods, Reels and Components, Line, Leaders, Lures, Files, Baits, Terminal Tackle, Electronics, Others
By Application
Freshwater Fishing, Saltwater Fishing,
By Companies
Newell (Jarden Corporation), Shimano, Globeride(Daiwa), Rapala VMC Corporation, Weihai Guangwei Group, Dongmi Fishing, Johshuya Co., Johnson Outdoors, Cabela's Inc, Wright & McGill, Pokee Fishing, St. Croix Rods, Gamakatsu, Tica Fishing, DUEL(YO-ZURI), Tiemco, Preston Innovations, Beilun Haibo, AFTCO Mfg., O. Mustad & Son, Okuma Fishing, Barfilon Fishing,
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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Fishing Equipment Market Report Segments:
The global Fishing Equipment market is segmented on the basis of:
Types
Rods, Reels and Components, Line, Leaders, Lures, Files, Baits, Terminal Tackle, Electronics, Others
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
Freshwater Fishing, Saltwater 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:
- Newell (Jarden Corporation)
- Shimano
- Globeride(Daiwa)
- Rapala VMC Corporation
- Weihai Guangwei Group
- Dongmi Fishing
- Johshuya Co.
- Johnson Outdoors
- Cabela's Inc
- Wright & McGill
- Pokee Fishing
- St. Croix Rods
- Gamakatsu
- Tica Fishing
- DUEL(YO-ZURI)
- Tiemco
- Preston Innovations
- Beilun Haibo
- AFTCO Mfg.
- O. Mustad & Son
- Okuma Fishing
- Barfilon Fishing
Highlights of The Fishing Equipment 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:
- Rods, Reels and Components
- Line, Leaders
- Lures, Files, Baits
- Terminal Tackle
- Electronics
- Others
- By Application:
- Freshwater Fishing
- Saltwater 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 Fishing Equipment 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.
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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?
Fishing equipment refers to the various items used in fishing, such as rods, reels, lures, and bait.
Some of the key players operating in the fishing equipment market are Newell (Jarden Corporation), Shimano, Globeride(Daiwa), Rapala VMC Corporation, Weihai Guangwei Group, Dongmi Fishing, Johshuya Co., Johnson Outdoors, Cabela's Inc, Wright & McGill, Pokee Fishing, St. Croix Rods, Gamakatsu, Tica Fishing, DUEL(YO-ZURI), Tiemco, Preston Innovations, Beilun Haibo, AFTCO Mfg., O. Mustad & Son, Okuma Fishing, Barfilon Fishing.
The fishing equipment market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Fishing Equipment 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. Fishing Equipment Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Fishing Equipment Market - Supply Chain
4.5. Global Fishing Equipment Market Forecast
4.5.1. Fishing Equipment Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Fishing Equipment Market Size (000 Units) and Y-o-Y Growth
4.5.3. Fishing Equipment Market Absolute $ Opportunity
5. Global Fishing Equipment 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. Fishing Equipment Market Size and Volume Forecast by Type
5.3.1. Rods, Reels and Components
5.3.2. Line, Leaders
5.3.3. Lures, Files, Baits
5.3.4. Terminal Tackle
5.3.5. Electronics
5.3.6. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Fishing Equipment 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. Fishing Equipment Market Size and Volume Forecast by Application
6.3.1. Freshwater Fishing
6.3.2. Saltwater Fishing
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Fishing Equipment 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. Fishing Equipment 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 Fishing Equipment 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. Fishing Equipment 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 Fishing Equipment Demand Share Forecast, 2019-2026
9. North America Fishing Equipment 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 Fishing Equipment 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 Fishing Equipment Market Size and Volume Forecast by Application
9.4.1. Freshwater Fishing
9.4.2. Saltwater Fishing
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Fishing Equipment Market Size and Volume Forecast by Type
9.7.1. Rods, Reels and Components
9.7.2. Line, Leaders
9.7.3. Lures, Files, Baits
9.7.4. Terminal Tackle
9.7.5. Electronics
9.7.6. Others
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 Fishing Equipment Demand Share Forecast, 2019-2026
10. Latin America Fishing Equipment 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 Fishing Equipment 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 Fishing Equipment Market Size and Volume Forecast by Application
10.4.1. Freshwater Fishing
10.4.2. Saltwater Fishing
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Fishing Equipment Market Size and Volume Forecast by Type
10.7.1. Rods, Reels and Components
10.7.2. Line, Leaders
10.7.3. Lures, Files, Baits
10.7.4. Terminal Tackle
10.7.5. Electronics
10.7.6. Others
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 Fishing Equipment Demand Share Forecast, 2019-2026
11. Europe Fishing Equipment 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 Fishing Equipment 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 Fishing Equipment Market Size and Volume Forecast by Application
11.4.1. Freshwater Fishing
11.4.2. Saltwater Fishing
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Fishing Equipment Market Size and Volume Forecast by Type
11.7.1. Rods, Reels and Components
11.7.2. Line, Leaders
11.7.3. Lures, Files, Baits
11.7.4. Terminal Tackle
11.7.5. Electronics
11.7.6. Others
11.8. Basis Point Share (BPS) Analysis by Type
119. 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 Fishing Equipment Demand Share, 2019-2026
12. Asia Pacific Fishing Equipment 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 Fishing Equipment 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 Fishing Equipment Market Size and Volume Forecast by Application
12.4.1. Freshwater Fishing
12.4.2. Saltwater Fishing
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Fishing Equipment Market Size and Volume Forecast by Type
12.7.1. Rods, Reels and Components
12.7.2. Line, Leaders
12.7.3. Lures, Files, Baits
12.7.4. Terminal Tackle
12.7.5. Electronics
12.7.6. Others
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 Fishing Equipment Demand Share, 2019-2026
13. Middle East & Africa Fishing Equipment 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 Fishing Equipment 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 Fishing Equipment Market Size and Volume Forecast by Application
13.4.1. Freshwater Fishing
13.4.2. Saltwater Fishing
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Fishing Equipment Market Size and Volume Forecast by Type
13.7.1. Rods, Reels and Components
13.7.2. Line, Leaders
13.7.3. Lures, Files, Baits
13.7.4. Terminal Tackle
13.7.5. Electronics
13.7.6. Others
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 Fishing Equipment Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Fishing Equipment Market: Market Share Analysis
14.2. Fishing Equipment Distributors and Customers
14.3. Fishing Equipment Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Newell (Jarden Corporation)
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. Globeride(Daiwa)
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Rapala VMC Corporation
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Weihai Guangwei Group
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Dongmi Fishing
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Johshuya Co.
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Johnson Outdoors
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Cabela's Inc
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Wright & McGill
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Pokee Fishing
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. St. Croix Rods
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Gamakatsu
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Tica Fishing
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. DUEL(YO-ZURI)
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Tiemco
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Preston Innovations
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Beilun Haibo
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. AFTCO Mfg.
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. O. Mustad & Son
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
