Sports Fishing Equipment Market Research and Forecast Report 2023-2028

1. Global Sports Fishing Equipment Market Research and Forecast Report 2023- 2028 Author: Elena Anderson, Marketing Manager | Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group © 2019 IMARC All Rights Reserved

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3. Report Description and Highlights Report Description Global Sports Fishing Equipment Market Research Report: The latest report by IMARC, titled “Sports Fishing Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” " the global sports fishing equipment market reached a value of US$ 13.2 Billion in 2022. Sports fishing equipment includes numerous tools, such as rods, reels, lines, baits, lures, hooks and sinkers, that are used for fishing for pleasure. Also known as recreational fishing tools, these tools aid users in fishing without gear, grappling, trapping, stunning, line fishing, fishing with bag nets, trawling, seining and gillnetting. Natural or artificial baits are usually attached to the fishing lines, often connected with reels for casting, spinning and fly fishing, which assist in luring, holding and catching the fish. Apart from this, they can also be used to hunt large-sized fishes and shellfishes. Request market/requestsample Free Sample Report: https://www.imarcgroup.com/sports-fishing-equipment-

4. Report Description and Highlights Report Description Global Sports Fishing Equipment Market Trends: The market is primarily driven by the growing popularity of fishing as a sport and recreational activity, along with the increasing participation of individuals in outdoor sports activities. In addition to this, there has also been an increase in the number of fishing associations and recreational fishing clubs across the globe, which is providing a thrust to the market growth. The market is further driven by the growing investments in recreational fishing infrastructure by anglers and sports fishers. They are also increasingly investing in high-quality fishing equipment that can be utilized in freshwater and saltwater. Several players are further engaging in the development of improved product variants that offer an enhanced fishing experience to users by providing perfect weight balance to lessen fatigue. The advanced fishing rod variants are also connected with sensors to locate and track fishing hotspots through smartphone applications. Coupled with this, the increasing initiatives of various fishing associations for organizing fishing programs are expected to create a positive outlook for the market. Some of the other factors contributing to the market growth include the rising sales of fishing equipment through e-commerce websites and the escalating number of companies that are collaborating with recreational associations and clubs to sponsor sport fishing competitions. On account of the aforementioned factors, the market is anticipated to grow at a CAGR of 4.82% during 2023-2028. Looking forward, the market value is projected to reach a strong growth during the forecast period (2023-2028).

5. Report Description and Highlights Report Description Market Summary: Breakup by Product Type: • Fishing Rods • Fishing Reels • Fishing Hooks • Fishing Lures • Fishing Lines • Fishing Rigs • Fishing Jig Heads • Others Breakup by Application: • Freshwater Fishing • Saltwater Fishing Breakup by End User: • Individual Consumer • Clubs • Sports Organizers

6. Report Description and Highlights Report Description Breakup by Distribution Channel: • Specialty and Sports Stores • Departmental and Discount Stores • Online Stores • Others Breakup by Region: • North America • United States • Canada • Asia Pacific • China • Japan • India • South Korea • Australia • Indonesia • Others • Europe • Germany

7. Report Description and Highlights Report Description • France • United Kingdom • Italy • Spain • Russia • Others • Latin America • Brazil • Mexico • Others • Middle East and Africa

8. Report Description and Highlights Report Description Competitive Landscape with Key Players: • • • • • • • • AFTCO Mfg. Co. Inc. Gamakatsu USA GLOBERIDE Inc. Newell Brands O. Mustad & Son Pte Ltd. OKUMA FISHING TACKLE CO. LTD. Rapala VMC Corporation Shimano Inc. View Full Report with TOC & List of Figure: https://www.imarcgroup.com/sports-fishing-equipment- market

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11. Report Description and Highlights Report Description © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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