Enjoy complimentary customisation on priority with our Enterprise License!
The fly fishing apparel accessories market size is estimated to grow by USD 833.1 million, at a CAGR of 4.6% between 2023 and 2028. The fly fishing apparel accessories market is experiencing significant growth, driven by several key factors. Firstly, the increasing popularity of recreational fly fishing is expanding the market's customer base. Secondly, the rising demand for sustainably sourced seafood is fueling interest in fly fishing as a means of catching wild, fresh fish. Lastly, companies are broadening their product offerings to include innovative and high-performance accessories, catering to the diverse needs of fly fishing enthusiasts. These factors collectively contribute to the market's robust expansion in the global arena.
To learn more about this report, View Report Sample
When preparing for fly fishing, having the right fly fishing clothing and accessories is essential for comfort and performance. The Recreational Boating and Fishing Foundation provides valuable resources for enthusiasts to improve their fly-fishing technique and knowledge of artificial flies. Key equipment includes rods—made of materials like graphite or bamboo—and reels designed specifically for fly fishing. Fly lines are crucial, matched with appropriate fly rods and reels to achieve accurate casting. Waterproof waders and breathable clothes ensure anglers stay dry and comfortable in various conditions. Vests and footwear like wading boots offer convenience and protection. Fly boxes keep various flies organized, while nets aid in safely landing fish. Choosing the right fly fishing apparel and accessories enhances the fishing experience, particularly when targeting species like trout. Whether selecting artificial flies or ensuring gear includes the latest in fly fishing apparel, preparation with quality equipment is key to enjoying a successful day on the water.
One of the key factors driving the market growth is recreational fly fishing gaining traction. The increasing number of individuals involved in recreational fishing, such as fly fishing is fuelling the growth in sales of the accessories. There is a growing popularity for fishing as a recreational activity in various coastal regions of different countries.
Moreover, recreational fishing can be done in freshwater and saltwater and it is one of the most popular recreational activities after jogging in the US. There is an increase in spending on fishing accessories by individuals due to the growing popularity of recreational fishing which is expected to drive the market growth during the forecast period.
A key factor shaping the market growth is the rising demand for customized fishing equipment. There is an increase in the adoption of various strategies by several market players in the global market. For instance, market players are offering customized variants of the products as per customer requirements.
Additionally, it enables the market players to understand the specific requirements of the customers and thereby improve customer relationships. Thus the numerous advantages of customized fly fishing equipment may increase such offerings in the market which in turn will drive the market growth and trends during the forecast period.
Preference for pre-used and rental variants is one of the key challenges hindering market growth. There is an increasing focus by several market players in the global fly fishing apparel accessories market to offer products with improved features. However, a majority of consumers prefer low-cost fishing apparel accessories.
Moreover, the availability of pre-used models of fishing apparel accessories that cost less than the new products can negatively impact the market growth. Furthermore, these pre-used fishing models can be purchased from different online platforms such as Gumtree.com Ltd. (Gumtree) and eBay Inc. (eBay). Hence, such factors are expected to hinder market growth during the forecast period.
The market research report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Global Market Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
8FANS: The company offers fly fishing apparel accessories such as 8 Fans jackets, 8 Fans waterproof gloves, 8 Fans Boot Hanger Fishing Waders Hangers, and waterproof fishing hats.
The research report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The offline segment is estimated to witness significant growth during the forecast period. The offline segment in the global market comprises outdoor retailers, convenience stores, supermarkets, and wholesale distributors. The outdoor retailers in one of the channels of the offline segment which includes retailers such as REI or Bass Pro Shops, provide a wide variety of outdoor gear, including fishing apparel accessories
Get a glance at the market contribution of various segments View the PDF Sample
The offline segment was the largest segment and was valued at USD 2.28 billion in 2018. Another significant channel of the offline segment is the convenience stores which are mainly located near bodies of water, such as lakes or rivers, offering fishing apparel accessories. The main advantage of convenience stores is that they offer convenience and easy access for customers. These stores mainly cater to individuals who forgot to bring apparel accessories or are required to purchase additional supplies while on a fishing trip. Hence, the increasing preference among customers who want to see and handle products before purchasing is expected to fuel the growth of this segment which in turn will drive the market growth during the forecast period.
For more insights on the market share of various regions Download PDF Sample now!
North America is estimated to contribute 44% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. One of the main countries that are significantly contributing to the growth of the global market in North America is the US. There is growing popularity of sports fishing as an outdoor recreational activity in the US and the presence of the American Sportfishing Association (ASA) in the region is fuelling the market growth in the region.
Additionally, there is an increase in consumer spending on outdoor recreation than other products including pharmaceuticals and motor vehicles. Hence, the increasing number of participation of individuals in sports fishing results in an increase in demand for sports fishing equipment which, in turn, will drive the market growth during the forecast period.
The market research report provides comprehensive data (region wise segment analysis), with forecasts and estimates in "USD million" for the period 2024 to 2028, as well as historical data from 2018 to 2022 for the following segments.
1. Sports Fishing Equipment Market Analysis North America, Europe, APAC, South America, Middle East and Africa - US, China, France, Germany, UK - Size and Forecast
2. Fishing Bait Market Analysis North America, Europe, APAC, South America, Middle East and Africa - US, China, India, Germany, France - Size and Forecast
3. Fishing Equipment Market by Product and Geography - Forecast and Analysis
In the realm of fly fishing, fly fishing accessories play a crucial role in enhancing the experience for enthusiasts. Organizations like the Outdoor Foundation promote the sport through educational resources and support for women in fly fishing initiatives. Fly-fishing apparel, including bamboo rods and neoprene waders, ensures anglers are equipped for outdoor activities while protecting against elements like water pollution. Modern advancements in technology have influenced the fishing industry infrastructure, facilitating direct-to-consumer sales and boosting the internet fly fishing sector. Both online retail platforms and brick and mortar fly shops cater to anglers seeking multipurpose equipment made from sustainable, recycled materials for longevity. Fly fishing also emphasizes UV protection with sunglasses and moisture-wicking materials in breathable and waterproof clothes. Techniques like catch and release methods align with environmental stewardship, ensuring the conservation of fish populations. Together, these elements underscore a community united by a passion for nature and a commitment to sustainable fishing practices.
Market Scope |
|
Report Coverage |
Details |
Page number |
149 |
Base year |
2023 |
Historic period |
2018 - 2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4.6% |
Market growth 2024-2028 |
USD 833.1 million |
Market structure |
Fragmented |
YoY growth 2023-2024(%) |
4.18 |
Regional analysis |
North America, Europe, APAC, South America, and Middle East and Africa |
Performing market contribution |
North America at 44% |
Key countries |
US, Norway, Canada, New Zealand, and Argentina |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
8FANS, Canadian Tire Corp. Ltd., Columbia Sportswear Co., Daiwa Sports Ltd., Far Bank Enterprises Inc., Fishpond Inc., Frogg Toggs, Gamakatsu USA Inc., Guideline AB, Loop Tackle Design AB, OCLOLLI LTD., Patagonia Inc., Pure Fishing Inc., Skwala Fishing, Slumberjack, Snowbee, The Orvis Co. Inc., VF Corp., Vision Group Oy, and Vista Outdoor Inc. |
Market dynamics |
Parent market analysis, Market forecasting growth inducers and obstacles, Fast-growing and slow-growing segment analysis, Market growth and Forecasting, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
Customization purview |
If our market report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this market research report to meet your requirements.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Distribution Channel
7 Market Segmentation by Product
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.