Reports
Global Fishing Equipment Market Size, Share, Growth: By Type: Hooks, Lines, Sinkers and Floats, Rods, Reels, Nets and Traps, Spear and Gaffs, Others; By Nature: Fresh Water, Salt Water, Fly Fishing, Others; By Distribution Channel: Online, Offline; Regional Analysis; Market Dynamics: SWOT Analysis; Competitive Landscape; 2024-2032
Global Fishing Equipment Market Outlook
The global fishing equipment market stood at a value of around USD 14,893.74 million in 2023. The market is further expected to grow at a CAGR of 4.3% in the forecast period of 2024-2032 to attain a value of nearly USD 19,173.34 million by 2032.
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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.
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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.
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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 | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| 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. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR 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 Opportunities and Challenges in the Market
8 Global Fishing Equipment Market Analysis
8.1 Key Industry Highlights
8.2 Global Fishing Equipment Historical Market (2018-2023)
8.3 Global Fishing Equipment Market Forecast (2024-2032)
8.4 Global Fishing Equipment Market by Type
8.4.1 Hooks
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Lines
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Sinkers and Floats
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Rods
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.4.5 Reels
8.4.5.1 Historical Trend (2018-2023)
8.4.5.2 Forecast Trend (2024-2032)
8.4.6 Nets and Traps
8.4.6.1 Historical Trend (2018-2023)
8.4.6.2 Forecast Trend (2024-2032)
8.4.7 Spear and Gaffs
8.4.7.1 Historical Trend (2018-2023)
8.4.7.2 Forecast Trend (2024-2032)
8.4.8 Others
8.5 Global Fishing Equipment Market by Nature
8.5.1 Fresh Water
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Salt Water
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Fly Fishing
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Others
8.6 Global Fishing Equipment Market by Distribution Channel
8.6.1 Online
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Offline
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.7 Global Fishing Equipment Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
9 North America Fishing Equipment Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Fishing Equipment Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Fishing Equipment Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Fishing Equipment Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Fishing Equipment Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Trade Data Analysis (HS Code - 9507)
16.1 Major Importing Countries
16.1.1 By Volume
16.1.2 By Value
16.2 Major Exporting Countries
16.2.1 By Volume
16.2.2 By Value
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 Daiwa Corporation
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 Pure Fishing, Inc.
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certification
17.2.3 Sea Master Enterprise Co., Ltd
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 Maver (UK) Ltd
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 Johnson Outdoors Inc.
17.2.5.1 Company Overview
17.2.5.2 Product Portfolio
17.2.5.3 Demographic Reach and Achievements
17.2.5.4 Certifications
17.2.6 Others
18 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Fishing Equipment Market: Key Industry Highlights, 2018 and 2032
2. Global Fishing Equipment Historical Market: Breakup by Type (USD Million), 2018-2023
3. Global Fishing Equipment Market Forecast: Breakup by Type (USD Million), 2024-2032
4. Global Fishing Equipment Historical Market: Breakup by Nature (USD Million), 2018-2023
5. Global Fishing Equipment Market Forecast: Breakup by Nature (USD Million), 2024-2032
6. Global Fishing Equipment Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
7. Global Fishing Equipment Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
8. Global Fishing Equipment Historical Market: Breakup by Region (USD Million), 2018-2023
9. Global Fishing Equipment Market Forecast: Breakup by Region (USD Million), 2024-2032
10. North America Fishing Equipment Historical Market: Breakup by Country (USD Million), 2018-2023
11. North America Fishing Equipment Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Europe Fishing Equipment Historical Market: Breakup by Country (USD Million), 2018-2023
13. Europe Fishing Equipment Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Asia Pacific Fishing Equipment Historical Market: Breakup by Country (USD Million), 2018-2023
15. Asia Pacific Fishing Equipment Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Latin America Fishing Equipment Historical Market: Breakup by Country (USD Million), 2018-2023
17. Latin America Fishing Equipment Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Middle East and Africa Fishing Equipment Historical Market: Breakup by Country (USD Million), 2018-2023
19. Middle East and Africa Fishing Equipment Market Forecast: Breakup by Country (USD Million), 2024-2032
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 2023, the global fishing equipment market attained a value of nearly USD 14,893.74 million.
The market is projected to grow at a CAGR of 4.3% between 2024 and 2032.
The major drivers of the market include the increasing demand for seafood, growing popularity of fishing as a sport, and rising awareness regarding health benefits associated with fishing.
The key trends guiding the market growth include the increasing preference for outdoor recreational activities and the rising awareness regarding conservation and sustainable fisheries.
The major regions in the market 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 natures of fishing equipment in the market include fresh water, salt water, and fly fishing, among others.
The primary distribution channels of fishing equipment are online and offline.
The key players in the global fishing equipment market 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 14,893.74 million in 2023, 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 2024-2032, 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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