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Sports Fishing Equipment - Global Strategic Business Report

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    Report

  • 307 Pages
  • March 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 992772
The global market for Sports Fishing Equipment is estimated at US$13.7 Billion in 2023 and is projected to reach US$18.2 Billion by 2030, growing at a CAGR of 3.6% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Fishing Rods, Reels, & Poles segment, which is expected to reach US$7.4 Billion by 2030 with a CAGR of 3.3%. The Fishing Lures, Flies, & Baits segment is also set to grow at 4.9% CAGR over the next 8 years.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $4.8 Billion in 2023, and China, forecasted to grow at an impressive 6% CAGR to reach $2.4 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Sports Fishing Equipment Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Sports Fishing Equipment Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Sports Fishing Equipment Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as Acme United Corporation, Cabela`s, Inc., Globe Ride Co., Ltd. (Globeride, Inc.), and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 159 Featured):

  • Acme United Corporation
  • Cabela`s, Inc.
  • Globe Ride Co., Ltd. (Globeride, Inc.)
  • SICOR - SOCIEDADE INDUSTRIAL DE CORDOARIA, S.A.
  • Tacx B.V. and Tacx International B.V.
  • Normark Corporation (Rapala USA)
  • Deeper, Uab,

MarketGlass Platform

Our reports are enhanced by the MarketGlass platform, which brings together industry experts and influencers to provide high-quality, accurate insights. This unique platform allows us to gather comprehensive data and market perspectives, ensuring you receive the most reliable and detailed analysis available.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • An Overview of Sports Fishing Equipment
  • Types of Sports Fishing Equipment
  • Fishing Techniques
  • Sports Fishing Equipment: Meeting the Ever-Changing Needs of Recreational Fishing, the Healthful Pastime
  • Myriad Health and Well-Being Benefits of Recreational Fishing Drive Widespread Adoption of Fishing Equipment
  • Key Health and Well-Being Benefits of Recreational Fishing Ranked in the Order of Importance
  • Global Sports Fishing Equipment Market: Overview and Outlook
  • Major Technological Advances to Drive Growth
  • Developed Countries Traditional Revenue Contributors, while Developing Countries Spearhead Market Growth
  • World Sports Fishing Equipment Market (2020 & 2027): Percentage Breakdown of Sales for Developed and Developing Regions
  • World Sports Fishing Equipment Market - Geographic Regions Ranked by Value CAGR for 2020-2027: China, Asia-Pacific, Rest of World, Europe, USA, Canada, and Japan
  • Lures, Flies, & Baits: The Fastest Growing Segment
  • World Sports Fishing Equipment Market by Segment (2020 & 2027): Percentage Breakdown of Sales for Rods, Reels, & Poles; Lures, Flies, & Baits; Fishing Lines; Fishing Hooks; and Other Product Segments
  • Future Developments in Fishing Rods to Drive Segmental Growth
  • Competitive Landscape: A Highly Fragmented Marketplace
  • Shimano: A Dominant Force in the Fishing Gear Market
  • Floating Minnow from Rapala: The Story of Invention to Commercialization
  • Competition: Noteworthy Trends
  • Recent Market Activity
  • Sports Fishing Equipment - Global Key Competitors Percentage Market Share in 2023 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Steady Proliferation of Connected Electronic Fishing Devices Drive Healthy Market Growth
  • Select Innovative Electronic Sports Fishing-Related Products
  • Fish Finders: Helpful Tools for Elevating Fishing Experience
  • Fishing Cameras for Easy Underwater Viewing Using Tablets or Smartphones
  • Bobbers with Integrated Intel Chip & Wireless Connectivity
  • NoTable Advanced Electronic Fishing Lures
  • AngLR Tracker for Fishing Rod
  • FishSentry Connected Fishing Rods
  • PowerRay Underwater Robot
  • FLIR Ocean Scout TK Night-Vision Camera
  • Humminbird HELIX 10
  • Individuals Account for Bigger Share
  • Sports Organizers Drive Demand
  • World Sports Fishing Equipment Market - End-Use Sectors Ranked by Value CAGR for 2020-2027: Individuals, Sports Organizers, and Clubs
  • Fishing Clubs Elevate Participation Levels
  • Passion for Outdoors and the Drive to Preserve Nature Steer Demand from the Millennials Population
  • Global Millennial Population Facts & Figures: Important Opportunity Indicators
  • Disruptive Technologies that Transformed the Sports Fishing Boats over the Years
  • Focus on Developing Fishing Infrastructure Strengthens Market Prospects
  • Surging Popularity of Kayak Fishing Benefits Market Expansion
  • Consumer Affluence Influences Sports Fishing Equipment Sales
  • Global Middle Class Population (in Millions) and as a Percentage of Total Population: 2005, 2015, 2025 & 2035
  • Global Middle Class Spending (in US$ Trillion) by Geographic Region (2017, 2025 & 2030)
  • Surging Interest in Fishing among Women Opens Up Growth Avenues
  • Ice Fishing Gear: Equipment to Make Most of Ice Fishing Mission
  • Innovations & Advancements
  • 3D Printing Streamlines Fishing Equipment Manufacturing
  • Advancements in Fly Fishing Reels
  • Tippet Innovations Bolster Stealthiness in Fly Fishing
  • Lures Mimic Sounds of Fish
  • Lures with Characteristic Wobbling Action
  • Airbomb: A Revolutionary Mid-Air Baiting Device
  • Shimano’s First-of-its-Kind Fishing Reels
  • Innovative Fishing Accessories
  • Other Innovative Fishing Rods, Lures and Reels
  • Fishing Baits
  • Fishing Reels
  • Select Innovative Sports Fishing Reels
  • Fishing Rods
  • Select Innovative Sports Fishing Rods
  • Fishing Tackle and Gear
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Rods, Reels, & Poles by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 2: World Historic Review for Rods, Reels, & Poles by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 3: World 16-Year Perspective for Rods, Reels, & Poles by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
  • Table 4: World Recent Past, Current & Future Analysis for Lures, Flies, & Baits by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 5: World Historic Review for Lures, Flies, & Baits by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 6: World 16-Year Perspective for Lures, Flies, & Baits by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
  • Table 7: World Recent Past, Current & Future Analysis for Fishing Lines by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 8: World Historic Review for Fishing Lines by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 9: World 16-Year Perspective for Fishing Lines by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
  • Table 10: World Recent Past, Current & Future Analysis for Fishing Hooks by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 11: World Historic Review for Fishing Hooks by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 12: World 16-Year Perspective for Fishing Hooks by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
  • Table 13: World Recent Past, Current & Future Analysis for Other Product Segments by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 14: World Historic Review for Other Product Segments by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 15: World 16-Year Perspective for Other Product Segments by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
  • Table 16: World Recent Past, Current & Future Analysis for Individuals by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 17: World Historic Review for Individuals by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 18: World 16-Year Perspective for Individuals by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
  • Table 19: World Recent Past, Current & Future Analysis for Sports Organizers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 20: World Historic Review for Sports Organizers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 21: World 16-Year Perspective for Sports Organizers by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
  • Table 22: World Recent Past, Current & Future Analysis for Clubs by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 23: World Historic Review for Clubs by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 24: World 16-Year Perspective for Clubs by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
  • Table 25: World Sports Fishing Equipment Market Analysis of Annual Sales in US$ Thousand for Years 2014 through 2030
  • Table 26: World Recent Past, Current & Future Analysis for Sports Fishing Equipment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 27: World Historic Review for Sports Fishing Equipment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 28: World 16-Year Perspective for Sports Fishing Equipment by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2014, 2024 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Sports Fishing Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
  • Socio-Economic Importance of Recreational Fishing to Drive Long Term Growth in Demand for Sports Fishing Equipment
  • US Fishing Lines Market: Monofilament Continues to Dominate, while Braided Lines Spearhead Growth
  • US Fishing Line Market by Segment (2018 & 2025P): Annual Sales Figures in US$ Thousand for Monofilament, Fluorocarbon, and Braided (Microfilament)
  • Fishing Equipment in the US: An Evolutionary Scan
  • Growing Popularity of Kite Fishing Augurs Well for Market Demand
  • Technology Advancements in Sport Fishing Boats
  • Freshwater Fishing Continues to be the Most Popular Fishing Form
  • Favorable Demographic Trends Strengthen Market Prospects
  • US Fishing Participation by Age Group (2019E): Percentage Breakdown of Fishing Participants (All, New & Lost) for 6-12 Years, 13-17 Years, 18-24 Years, 25-44 Years, and Above 45 Years
  • Increasing Participation of Women in Sports Fishing Bodes Well for Market Demand
CANADA
  • Canada: A Major Recreational Fishing Hub Continue to Witness Steady Market Growth
  • British Columbia: One of the Major Sports Fishing Destinations in the Country
JAPAN
  • Sports Fishing Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
CHINA
  • Sports Fishing Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
  • China Offers Significant Growth Opportunities
  • China: A Leading Producer of Sports Fishing Equipment Worldwide
  • Chinese Manufacturers Focus on Product Development and Cost Reduction
EUROPE
  • Sports Fishing Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
  • Europe: Select Growth Drivers
FRANCE
  • Sports Fishing Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
GERMANY
  • Sports Fishing Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
ITALY
UNITED KINGDOM
  • Sports Fishing Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
SPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Sports Fishing Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
REST OF WORLDIV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Acme United Corporation
  • Cabela`s, Inc.
  • Globe Ride Co., Ltd. (Globeride, Inc.)
  • SICOR - SOCIEDADE INDUSTRIAL DE CORDOARIA, S.A.
  • Tacx B.V. and Tacx International B.V.
  • Normark Corporation (Rapala USA)
  • Deeper, Uab

Table Information