The global market for Sports Fishing Equipment was estimated at US$15.1 Billion in 2024 and is projected to reach US$19.5 Billion by 2030, growing at a CAGR of 4.3% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Sports Fishing Equipment market.
In addition to these basic components, a wide range of accessories and advanced gear further enhance the sports fishing experience. Tackle boxes, for instance, are indispensable for organizing and storing various baits, lures, and tools, keeping everything accessible and protected. Electronic devices such as fish finders and GPS systems have revolutionized fishing by using sonar technology to locate fish and navigate waters, significantly improving the chances of a successful outing. Waders, specialized clothing designed to keep anglers dry and warm, are essential for fishing in colder climates or wading in rivers, providing comfort and safety. The market also offers an array of lures and baits, from live bait like worms and minnows to synthetic options such as soft plastics and crankbaits, which mimic the appearance and movement of prey to attract fish. Continuous innovation in materials and technology has led to the development of more durable, lightweight, and effective equipment.
The growth in the sports fishing equipment market is driven by several factors. Technological advancements have significantly improved the functionality and effectiveness of fishing gear, making the sport more accessible and enjoyable for a broader audience. Innovations such as smart fishing rods with integrated sensors that detect fish bites, advanced fish finders that provide detailed underwater imaging, and eco-friendly materials that reduce environmental impact are particularly appealing to tech-savvy and environmentally conscious consumers. The rise in disposable income and increasing interest in outdoor recreational activities have also contributed to market expansion, as more people invest in high-quality gear for leisure and competitive fishing. Additionally, the growing popularity of catch-and-release fishing and conservation efforts have promoted sustainable practices, leading to a demand for equipment that minimizes harm to fish and the environment, such as barbless hooks and biodegradable baits. Social media and digital platforms play a crucial role in popularizing sports fishing, with influencers and online communities sharing tips, techniques, and product recommendations, further driving consumer interest and market growth. The trend towards experiential travel and adventure tourism also fuels the market, as more people seek unique fishing experiences in exotic locations, creating demand for specialized equipment designed for different environments and types of fish.
Global Sports Fishing Equipment Market - Key Trends & Drivers Summarized
Sports fishing, an increasingly popular recreational activity, has a diverse array of equipment designed to enhance the experience for both amateur and professional anglers. The essential gear includes rods, reels, lines, and hooks, each tailored to specific types of fishing such as freshwater, saltwater, fly fishing, and ice fishing. Rods vary in length, material, and flexibility to suit different fish species and environments. For instance, lightweight carbon fiber rods are favored for freshwater trout fishing due to their sensitivity and responsiveness, while sturdy fiberglass rods are ideal for deep-sea fishing because of their durability and strength. Reels are equally varied, with spinning reels known for their ease of use and versatility, baitcasting reels offering greater accuracy and control, and fly reels specifically designed for the delicate art of fly fishing. Lines, made from monofilament, fluorocarbon, or braided materials, offer different levels of strength, visibility, and stretch, catering to various fishing techniques and conditions. Hooks, available in numerous shapes and sizes, are engineered to effectively catch specific types of fish, from small panfish to large game fish, ensuring anglers have the right tool for every catch.In addition to these basic components, a wide range of accessories and advanced gear further enhance the sports fishing experience. Tackle boxes, for instance, are indispensable for organizing and storing various baits, lures, and tools, keeping everything accessible and protected. Electronic devices such as fish finders and GPS systems have revolutionized fishing by using sonar technology to locate fish and navigate waters, significantly improving the chances of a successful outing. Waders, specialized clothing designed to keep anglers dry and warm, are essential for fishing in colder climates or wading in rivers, providing comfort and safety. The market also offers an array of lures and baits, from live bait like worms and minnows to synthetic options such as soft plastics and crankbaits, which mimic the appearance and movement of prey to attract fish. Continuous innovation in materials and technology has led to the development of more durable, lightweight, and effective equipment.
The growth in the sports fishing equipment market is driven by several factors. Technological advancements have significantly improved the functionality and effectiveness of fishing gear, making the sport more accessible and enjoyable for a broader audience. Innovations such as smart fishing rods with integrated sensors that detect fish bites, advanced fish finders that provide detailed underwater imaging, and eco-friendly materials that reduce environmental impact are particularly appealing to tech-savvy and environmentally conscious consumers. The rise in disposable income and increasing interest in outdoor recreational activities have also contributed to market expansion, as more people invest in high-quality gear for leisure and competitive fishing. Additionally, the growing popularity of catch-and-release fishing and conservation efforts have promoted sustainable practices, leading to a demand for equipment that minimizes harm to fish and the environment, such as barbless hooks and biodegradable baits. Social media and digital platforms play a crucial role in popularizing sports fishing, with influencers and online communities sharing tips, techniques, and product recommendations, further driving consumer interest and market growth. The trend towards experiential travel and adventure tourism also fuels the market, as more people seek unique fishing experiences in exotic locations, creating demand for specialized equipment designed for different environments and types of fish.
SCOPE OF STUDY:
The report analyzes the Sports Fishing Equipment market in terms of units by the following Segments, and Geographic Regions/Countries:- Segments: Product Segment (Rods, Reels, & Poles; Lures, Flies, & Baits; Fishing Lines; Fishing Hooks; Other Product Segments); End-Use (Individuals, Sports Organizers, Clubs)
- Geographic Regions/Countries: World; USA; Canada; Japan; China; Europe; France; Germany; Italy; UK; Spain; Russia; Rest of Europe; Asia-Pacific; Rest of World.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Individuals segment, which is expected to reach US$9.5 Billion by 2030 with a CAGR of a 4.3%. The Sports Organizers segment is also set to grow at 5.0% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, valued at $4.9 Billion in 2024, and China, forecasted to grow at an impressive 6.7% 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 2024 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 players such as 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. and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Some of the 159 companies featured in this Sports Fishing Equipment market report include:
- 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,
This edition integrates the latest global trade and economic shifts as of June 2025 into comprehensive market analysis. Key updates include:
- Tariff and Trade Impact: Insights into global tariff negotiations across 180+ countries, with analysis of supply chain turbulence, sourcing disruptions, and geographic realignment. Special focus on 2025 as a pivotal year for trade tensions, including updated perspectives on the Trump-era tariffs.
- Adjusted Forecasts and Analytics: Revised global and regional market forecasts through 2030, incorporating tariff effects, economic uncertainty, and structural changes in globalization. Includes segmentation by product, technology, type, material, distribution channel, application, and end-use, with historical analysis since 2015.
- Strategic Market Dynamics: Evaluation of revised market prospects, regional outlooks, and key economic indicators such as population and urbanization trends.
- Innovation & Technology Trends: Latest developments in product and process innovation, emerging technologies, and key industry drivers shaping the competitive landscape.
- Competitive Intelligence: Updated global market share estimates for 2025, competitive positioning of major players (Strong/Active/Niche/Trivial), and refined focus on leading global brands and core players.
- Expert Insight & Commentary: Strategic analysis from economists, trade experts, and domain specialists to contextualize market shifts and identify emerging opportunities.
- Complimentary Update: Buyers receive a free July 2025 update with finalized tariff impacts, new trade agreement effects, revised projections, and expanded country-level coverage.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
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
| Report Attribute | Details |
|---|---|
| No. of Pages | 307 |
| Published | June 2025 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value ( USD | $ 15.1 Billion |
| Forecasted Market Value ( USD | $ 19.5 Billion |
| Compound Annual Growth Rate | 4.3% |
| Regions Covered | Global |
