The modern-day document posted via Report Ocean, titled “Fishing Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023 to 2031,” affords a complete evaluation of the industry, which includes insights on the market trends. The file additionally consists of competitor and regional analysis, and present-day developments in the market. This document can serve as a fantastic information for investors, researchers, consultants, advertising strategists and all these who are planning to foray into the market in any form.
The global fishing equipment market size was valued at $13,481.1 million in 2019, and is estimated to reach $16,107.8 million by 2027 with a CAGR of 4.0% from 2021 to 2027. Rise in adoption of various online portals in developing regions and increase in number of offers or discounts related to fishing equipment attracts consumers to purchase fishing equipment through online channels. Moreover, online sales channel has increased consumer reach, owing to which it has evolved as a key source of revenue for many companies. Furthermore, the online sales market is expected to expand in the future, owing to rapid growth in online and mobile user customer base in emerging markets. Increase in e-commerce sales, improvements in logistics services, ease in payment options, and facilities to enter new international markets for major brands further boosts growth of the fishing equipment market.
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Availability of salt water fishing rods, lures, reels, and lines helps in fishing in blazing sun, stormy seas, and natural aggressiveness of deep sea. Moreover, salt water fishing equipment are durable and can withstand corrosive effects of water, which is the current trend in the fishing equipment market. Salt water fishing equipment have become popular, owing to rise in commercial fishing and sports fishing and increase in interest of people toward fishing in salt water. Furthermore, there are different types of salt water fishing techniques such as spearfishing, hand-gathering, surf fishing, cast-net fishing, bottom fishing, trolling, and fly fishing, which are used by fisherman to catch fishes in large quantities. Thus, availability of durable fishing equipment and various fishing techniques are anticipated to boost growth of the fishing equipment market.
The fishing equipment market is segmented into type, nature, distribution channel, and region. By type, the market is categorized into hooks, lines, sinkers & floats, rods, reels, nets & traps, spears & gaffs, and others. By nature, it is divided into fresh water, salt water, and fly fishing. By distribution channel, it is bifurcated into online and offline. By region, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, France, Russia, Italy, Spain, and rest of Europe), Asia-Pacific (China, Japan, India, Australia & New Zealand, Korea, ASEAN, and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Turkey, Saudi Arabia, and rest of LAMEA).
KEY BENEFITS FOR STAKEHOLDERS
– This report provides quantitative analysis of the market segments, current trends, estimations, and dynamics of the fishing equipment market analysis from 2019 to 2027 to identify prevailing market opportunities.
– Key countries in all major regions are mapped on the basis of market share.
– The market research is offered along with information related to key drivers, restraints, and opportunities.
– Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
– In-depth analysis of the fishing equipment market segmentation assists to determine prevailing market opportunities.
– Major countries in each region are mapped according to their revenue contribution to the global market industry.
– Market player positioning facilitates benchmarking and provides a clear understanding of present position of the market players.
– The report includes analysis of regional as well as global fishing equipment market trends, key players, market segments, application areas, and market growth strategies.
The key players operating in the fishing equipment industry include Rome Specialty Company, Inc., Daiwa Corporation, Pure Fishing, Inc., Sea Master Enterprise Co., Ltd., Maver UK Ltd, Jarvis Walker Pty, Inc., Pradco Outdoor Brands, Johnson Outdoors Inc., Okuma Fishing Tackle Co., Ltd, and Tica Fishing Tackle.
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KEY MARKET SEGMENTS
By Type
– Hooks
– Lines
– Sinkers & Floats
– Rods
– Reels
– Nets & Traps
– Spear & Gaffs
– Others
By Nature
– Fresh Water
– Salt Water
– Fly Fishing
By Distribution Channel
– Online
– Offline
– By Region
o North America
? U.S.
? Canada
? Mexico
o Europe
? UK
? Germany
? France
? Russia
? Italy
? Spain
? Rest of Europe
o Asia-Pacific
? China
? Japan
? India
? Australia & New Zealand
? Korea
? ASEAN
? Rest of Asia-pacific
o LAMEA
? Brazil
? South Africa
? Turkey
? Saudi Arabia
? Rest of LAMEA
Table of Content:
- Report Overview
- Global Growth Trends
- Competition Landscape by Key Players
- Data Segments
- North America Market Analysis
- Europe Market Analysis
- Asia-Pacific Market Analysis
- Latin America Market Analysis
- Middle East & Africa Market Analysis
- Key Players Profiles Market Analysis
- Analysts Viewpoints/Conclusions
- Appendix
In this report, the key questions answered:
- How has the adoption of Market impacted COVID-19?
- What are the key market tips in key areas?
- Which utilized sciences are most impacting the anticipated global enterprise?
- Who are the major global game enthusiasts in modern times dominating the Market?
- How do AI clients turn out to be conscious of technological knowledge in strolling theatres?
- What are the vital corporation fashions determined via way of the foremost market players?
- What are the key factors that will have an effect on the expand of Market globally?
- How foremost game enthusiasts in the Global corporation environment are incorporating key
- What is the present day income contribution of distinct product kinds in the market and what are the predicted changes?
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