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Global Fishing Equipment Market: By Type: Hooks, Lines, Sinkers and Floats, Rods, Reels, Nets and Traps, Spear and Gaffs, Others; By Nature: Fresh Water, Salt Water, Others; By Distribution Channel; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Fishing Equipment Market Outlook

The global fishing equipment market stood at a value of around USD 13691 million in 2020. The market is further expected to grow at a CAGR of 4.3% in the forecast period of 2022-2027 to attain a value of nearly USD 17625 million by 2026.

 

Global Fishing Equipment Market

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The Fresh Water Segment to Hold a Substantial Share of the Global Fishing Equipment Industry

Based on the nature of fishing, the freshwater segment is expected to hold a significant share in the global fishing equipment industry during the forecast period. It is due to the increasing commercial and domestic fishing activities being carried out on freshwater bodies such as the Amazon basin, and Lake Victoria, among others.  Meanwhile, in terms of type, the reels segment is estimated to account for a significant market share. It is a small cylindrical pulley-like device put on the fishing rods that eases the task of winding and pulling out a potential catch.

 

North America to Account for a Significant Market Share of the Global Fishing Equipment Industry

The North American region is predicted to account for a considerable share of the global fishing equipment industry. The market growth can be attributed to the increased popularity of fishing in the region. People from all age groups enjoy and actively engage in it. This has contributed substantially to the overall market growth. Meanwhile, Europe is also witnessing a rise in preference for fishing as a recreational sport, which is expected to impact the industry growth positively.

 

Fishing Equipment: Market Segmentation

Fishing is a recreational sport enjoyed by many around the world. People engage in fishing as a means to relieve stress, bond with nature, and socialise with new people with similar interests. In addition, seafood is an essential dietary element worldwide and is an acclaimed source of protein and healthy fats. Hence, fishing is carried out in different ways, such as cast-net fishing, spearfishing, and fly fishing, which require various tools to accomplish. Fishing equipment, therefore, is any tool that aids in the process of catching fish, such as hooks, fishing rods, reels and nets.

 

Global Fishing Equipment Market by Segment

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By type, the market is divided into:

  • Hooks
  • Lines
  • Sinkers and Floats
  • Rods
  • Reels 
  • Nets and Traps
  • Spear and Gaffs
  • Others

On the basis of nature, the industry can be categorised into:

  • Fresh Water
  • Salt Water
  • Fly Fishing
  • Others

Based on distribution channel, the market can be bifurcated into:

  • Online
  • Offline

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Fishing Equipment Market by Region

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Increased Investments in Online Promotional Strategies to Bolster the Growth of the Global Fishing Equipment Industry

Fishing equipment manufacturers are focussing on online sales and promotional activities due to the increased number of internet and social media users and a rising preference for online shopping, which is expected to grow significantly in the coming years. The online sales channel helps widen the consumer reach and narrow target segments while also assisting in logistics management, ease of payment, and enhancing the consumer experience. In addition, there has been an increase in fishing equipment sales due to the rising disposable incomes, growing consumer spending on recreational activities, and a surge in commercial and domestic fishing activities to meet the rising demand for seafood. These factors are expected to positively impact the industry growth in the forecast period.

 

Key Industry Players in the Global Fishing Equipment Market

The report gives a detailed analysis of the following key players in the global fishing equipment market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Daiwa Corporation
  • Pure Fishing Inc.
  • Sea Master Enterprise Co., Ltd.
  • Maver (UK) Ltd
  • Johnson Outdoors Inc.
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model and SWOT analysis.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2017-2021
Forecast Period 2022-2027
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Nature, Distribution Channel, Region
Breakup by Type Hooks, Lines, Sinkers and Floats, Rods, Reels, Nets and Traps, Spear and Gaffs, Others
Breakup by Nature Fresh Water, Salt Water, Fly Fishing, Others
Breakup by Distribution Channel Online, Offline
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Trade Data Analysis Major Importing Countries by Value and Volume, Major Exporting Countries by Value and Volume
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Daiwa Corporation, Pure Fishing, Inc., Sea Master Enterprise Co., Ltd, Maver (UK) Ltd, Johnson Outdoors Inc., Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
        6.1    Global
        6.2    Regional
7    Industry Opportunities and Challenges
8    Global Fishing Equipment Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Fishing Equipment Historical Market (2017-2021) 
    8.3    Global Fishing Equipment Market Forecast (2022-2027)
    8.4    Global Fishing Equipment Market by Type
        8.4.1    Hooks
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2017-2021)
            8.4.1.3    Forecast Trend (2022-2027)
        8.4.2    Lines
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2017-2021)
            8.4.2.3    Forecast Trend (2022-2027) 
        8.4.3    Sinkers and Floats
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2017-2021)
            8.4.3.3    Forecast Trend (2022-2027)
        8.4.4    Rods
            8.4.4.1    Market Share
            8.4.4.2    Historical Trend (2017-2021)
            8.4.4.3    Forecast Trend (2022-2027)
        8.4.5    Reels
            8.4.5.1    Market Share
            8.4.5.2    Historical Trend (2017-2021)
            8.4.5.3    Forecast Trend (2022-2027)
        8.4.6    Nets and Traps
            8.4.6.1    Market Share
            8.4.6.2    Historical Trend (2017-2021)
            8.4.6.3    Forecast Trend (2022-2027)
        8.4.7    Spear and Gaffs
            8.4.7.1    Market Share
            8.4.7.2    Historical Trend (2017-2021)
            8.4.7.3    Forecast Trend (2022-2027)
        8.4.8    Others
    8.5    Global Fishing Equipment Market by Nature
        8.5.1    Fresh Water
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2017-2021)
            8.5.1.3    Forecast Trend (2022-2027)
        8.5.2    Salt Water
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2017-2021)
            8.5.2.3    Forecast Trend (2022-2027)
        8.5.3    Fly Fishing
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2017-2021)
            8.5.3.3    Forecast Trend (2022-2027)
        8.5.4    Others
    8.6    Global Fishing Equipment Market by Distribution Channel
        8.6.1    Online
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2017-2021)
            8.6.1.3    Forecast Trend (2022-2027)
        8.6.2    Offline
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2017-2021)
            8.6.2.3    Forecast Trend (2022-2027)
    8.7    Global Fishing Equipment Market by Region
        8.7.1    Market Share
            8.7.1.1    North America
            8.7.1.2    Europe
            8.7.1.3    Asia Pacific
            8.7.1.4    Latin America
            8.7.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2017-2021)
        9.1.2    Forecast Trend (2022-2027)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2017-2021)
        9.2.2    Forecast Trend (2022-2027)
        9.2.3    Breakup by Country 
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2017-2021)
        9.3.2    Forecast Trend (2022-2027)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2017-2021)
        9.4.2    Forecast Trend (2022-2027)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2017-2021)
        9.5.2    Forecast Trend (2022-2027)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    Key Indicators for Demand
    10.4    Key Indicators for Price
11    Value Chain Analysis
12    Trade Data Analysis (HS Code 9507)

    12.1    Major Exporting Countries
        12.1.1    By Value
        12.1.2    By Volume
    12.2    Major Importing Countries
        12.2.1    By Value
        12.2.2    By Volume
13    Competitive Landscape
    13.1    Market Structure
    13.2    Company Profiles
        13.2.1    Daiwa Corporation
            13.2.1.1    Company Overview
            13.2.1.2    Product Portfolio
            13.2.1.3    Demographic Reach and Achievements
            13.2.1.4    Certifications
        13.2.2    Pure Fishing, Inc.
            13.2.2.1    Company Overview
            13.2.2.2    Product Portfolio
            13.2.2.3    Demographic Reach and Achievements
            13.2.2.4    Certification
        13.2.3    Sea Master Enterprise Co., Ltd
            13.2.3.1    Company Overview
            13.2.3.2    Product Portfolio
            13.2.3.3    Demographic Reach and Achievements
            13.2.3.4    Certifications
        13.2.4    Maver (UK) Ltd
            13.2.4.1    Company Overview
            13.2.4.2    Product Portfolio
            13.2.4.3    Demographic Reach and Achievements
            13.2.4.4    Certifications
        13.2.5    Johnson Outdoors Inc.
            13.2.5.1    Company Overview
            13.2.5.2    Product Portfolio
            13.2.5.3    Demographic Reach and Achievements
            13.2.5.4    Certifications
        13.2.6    Others
14    Industry Events and Developments

 

List of Key Figures and Tables

1.    Global Fishing Equipment Market: Key Industry Highlights, 2016 and 2026
2.    Global Fishing Equipment Historical Market: Breakup by Type (USD Million), 2017-2021
3.    Global Fishing Equipment Market Forecast: Breakup by Type (USD Million), 2022-2027
4.    Global Fishing Equipment Historical Market: Breakup by Nature (USD Million), 2017-2021
5.    Global Fishing Equipment Market Forecast: Breakup by Nature (USD Million), 2022-2027
6.    Global Fishing Equipment Historical Market: Breakup by Distribution Channel (USD Million), 2017-2021
7.    Global Fishing Equipment Market Forecast: Breakup by Distribution Channel (USD Million), 2022-2027
8.    Global Fishing Equipment Historical Market: Breakup by Region (USD Million), 2017-2021
9.    Global Fishing Equipment Market Forecast: Breakup by Region (USD Million), 2022-2027
10.    North America Fishing Equipment Historical Market: Breakup by Country (USD Million), 2017-2021
11.    North America Fishing Equipment Market Forecast: Breakup by Country (USD Million), 2022-2027
12.    Europe Fishing Equipment Historical Market: Breakup by Country (USD Million), 2017-2021
13.    Europe Fishing Equipment Market Forecast: Breakup by Country (USD Million), 2022-2027
14.    Asia Pacific Fishing Equipment Historical Market: Breakup by Country (USD Million), 2017-2021
15.    Asia Pacific Fishing Equipment Market Forecast: Breakup by Country (USD Million), 2022-2027
16.    Latin America Fishing Equipment Historical Market: Breakup by Country (USD Million), 2017-2021
17.    Latin America Fishing Equipment Market Forecast: Breakup by Country (USD Million), 2022-2027
18.    Middle East and Africa Fishing Equipment Historical Market: Breakup by Country (USD Million), 2017-2021
19.    Middle East and Africa Fishing Equipment Market Forecast: Breakup by Country (USD Million), 2022-2027
20.    Major Importing Countries by Volume (2020)
21.    Major Exporting Countries by Volume (2020)
22.    Major Importing Countries by Value (2020)
23.    Major Exporting Countries by Value (2020)
24.    Global Fishing Equipment Market Structure

Key Questions Answered in the Report

In 2020, the global fishing equipment market attained a value of nearly USD 13691 million.

The market is projected to grow at a CAGR of 4.3% between 2022 and 2027.

The major drivers of the industry, such as the increasing demand for seafood, the growing popularity of the fishing sport, the rising awareness regarding health benefits associated with fishing, and the emerging trend of outdoor recreational activities, are expected to aid the market growth.

The key market trends guiding the industry growth include the increased preference for online shopping among consumers and the growing awareness regarding conservation and sustainable fisheries.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The significant types of fishing equipment include hooks, lines, sinkers and floats, rods, spear and gaffs, reels, and nets and traps, among others.

The different segments, based on the product’s nature, include fresh water, salt water, and fly fishing, among others.

The various distribution channels of the product are online and offline.

The major players in the industry are Daiwa Corporation, Pure Fishing Inc., Sea Master Enterprise Co., Ltd., Maver (UK) Ltd, and Johnson Outdoors Inc., among others.

Analyst Review

The global fishing equipment market attained a value of about USD 13691 million in 2020, driven by the increasing popularity of the fishing sport as a recreational activity. Aided by the growing consumer preference for online shopping of fishing equipment, the market is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of 4.3%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By type, the fishing equipment industry is divided into hooks, lines, sinkers and floats, rods, spear and gaffs, reels, and nets and traps, among others. On the basis of nature, the industry can be segmented into fresh water, salt water, and fly fishing, among others. By distribution channel, the market is bifurcated into online and offline. The major regional markets for fishing equipment are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Daiwa Corporation, Pure Fishing, Inc., Sea Master Enterprise Co., Ltd., Maver (UK) Ltd, and Johnson Outdoors Inc. among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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