Astute Analytica recently published a new research report titled Global Fishing Reels Market. This includes in-depth information on new trends, market factors, business prospects, and obstacles that could alter the market dynamics of the sector. It offers a thorough overview of the market segments, including information on goods, applications, and competitors.
The Fishing Reels Market is estimated to witness a rise in revenue from US$ 3,883.0 Mn in 2021 to US$ 5,075.5 Mn by 2027. The market is registering a CAGR of 4.6% during the forecast period 2022-2027.
With strategic analysis, micro and macro market trends and scenarios, price analysis, and a comprehensive description of the market conditions in the forecast period, the global Fishing Reels Market research report keeps a close eye on the major competitors.
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The report’s key and secondary drivers, market share, top segments, and regional analysis are all highlighted in this expertly written-and comprehensive document. The paper also examines prominent actors, significant partnerships, mergers, and acquisitions, as well as popular innovations and business practices.
Leading Companies
The key players in the Global Fishing Reel Market are Abu Garcia, Alvey Reels, Daiwa Corporation, Elec-Tra-Mate, Florida Fishing Products, Hooker Electric Inc., Mitchell Reel Co., Shimano Inc., Shakespeare Company. LLC, Zebco, Pokee Fishing, Cabela’s Inc., and AFTCO Mfg among others.
Through extensive research, it is found that big players have adopted various competitive strategies such as mergers & acquisitions in order to have a grip on an emerging market. Furthermore, leading companies are expanding their geographical boundaries by acquiring small brands and domestic companies.
The development work being done in the market sector for Fishing Reels Market, the remaining suppliers and dealers, regional import and export surveys, and regional import and export surveys are all covered in this area. The remaining data was gathered through surveys, public announcements, news articles, premium white newspapers, and interviews with all Cleeve officials.
Segmentation Overview
Global Fishing Reel Market is segmented based on reel type, reel mechanism, price range, sales channel, application, and region. The industry trends in the global fishing reel market are sub-divided into different categories in order to get a holistic view of the global marketplace.
Following are the different segments of the Global Fishing Reel Market:
By Reel Type segment of the Global Fishing Reels Market is sub-segmented into:
- Spincast Reels
- Spinning Reels
- Baitcast Reels
- Round Baitcasting Reel
- Low-Profile Baitcasting Reel
- Electric Reel
- Fly fishing reel
- Offshore Reels
- Others
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By Reel Mechanism segment of the Global Fishing Reels Market is sub-segmented into:
- Direct-drive reel
- Anti-reverse reel
By Price Range segment of the Global Fishing Reels Market is sub-segmented into:
- < US$ 100
- US$ 100 – 500
- US$ 500 – 1,500
- > US$ 1,500
By Sales Channel segment of the Global Fishing Reels Market is sub-segmented into:
- Offline
- Sports Stores
- Departmental Stores
- Online
- E-commerce websites
By Application segment of the Global Fishing Reels Market is sub-segmented into:
- Freshwater Fishing
- Saltwater Fishing
By Region segment of the Global Fishing Reels Market is sub-segmented into:
- North America
- The U.S.
- Canada
- Mexico
- Europe
- The UK
- Germany
- France
- Italy
- Spain
- Poland
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- ASEAN
- Oceania
- Australia
- New Zealand
- Rest of Oceania
- Rest of Asia Pacific
- Middle East & Africa (MEA)
- UAE
- Saudi Arabia
- South Africa
- Rest of MEA
- South America
- Argentina
- Brazil
- Rest of South America
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