Sports Fishing Equipment Market Demands, Overview and Scope to 2025

Global sports fishing equipment market is expected to grow significantly in the forecast period due to rising popularity of fishing. Sport fishing is carried out fishing equipment like hooks, line, reel, rods, etc. These equipment are mostly used by the participants in sports fishing who are also known as anglers.

Rising participation in fishing activities by people of all ages (particularly youth and females), increasing popularity of fishing, and rise in demand for sports fishing equipment are some of the factors driving the market. Moreover, increase in demand for sea food and increasing disposable income of consumers are also expected to drive the market growth. However, several taxes imposed for fishing and motorboat fuel are hampering the growth of the market.

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Increasing popularity of spearfishing is an emergent trend witnessed by sports fishing equipment market. Additionally, advent of fish aggregating devices (FADS) is also attracting larger audience, mostly in the Caribbean islands. The changing food lifestyle of consumers on the global scale is expected to offer opportunities to the market.

Market is categorized on the basis of product type, distribution channel, end user and geography. On the basis of product type, market is divided into rods, reels and components, files, leaders, line, lures, electronics, baits, and terminal tackle. Fishing rod segment is anticipated to register significant growth in the coming years owing to increasing number of fishing activities worldwide that require fishing rods.

Based on distribution channel, market is split into saltwater fishing, freshwater fishing and others. Freshwater fishing segment is expected to hold larger share of the market owing to growing preference for fishing. In terms of end user, market is bifurcated into distributor, online sales, and direct sales. Online sales segment is predicted to lead the market owing to online preference.

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Market Segment:

Geographically, this report is segmented into several key Regions, with production, revenue (million USD), market share and growth rate of Sports Fishing Equipment in these regions, from 2013 to 2025 (forecast), covering

• North America

• Europe

• China

• Japan

• Southeast Asia

• India

Global Sports Fishing Equipment market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including

• Newell (Jarden Corporation)

• Globeride(Daiwa)

• Shimano

• Rapala VMC Corporation

• Weihai Guangwei Group

• Dongmi Fishing

• RYOBI

• Pokee Fishing

Key questions answered in the report include

1 What will be the market size in 2025?

2 How will the market change over the forecast period and what will be the market size in 2025?

3 What are the drivers and restraint associated with the market and how will these factors affect the dynamics over the forecast period?

4 What are the growth areas within the market space and where should a participant focus to get maximum ROI?

5 How is the market sub-categorized and which are the leading segments?

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