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Sports Fishing Equipment Market by Product and Geography - Forecast and Analysis 2022-2026

  • Published: Aug 2022
  • Pages: 137
  • SKU: IRTNTR40026
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The sports fishing equipment market share is expected to increase by USD 2.45 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 3.21%.

This sports fishing equipment market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers sports fishing equipment market segmentation by product (fishing rod, fishing reel, fishing lure, and others) and geography (North America, Europe, APAC, South America, and MEA). The sports fishing equipment market report also offers information on several market vendors, including AFTCO Mfg. Co. Inc., Eagle Claw Fishing Tackle Co., Eppinger Manufacturing, Gamakatsu USA Inc., Globeride Inc., Grandt Industries Inc., Jim Teeny Inc., Koppers Fishing and Tackle Corp., O. Mustad, and Son A.S., OKUMA FISHING TACKLE Co. Ltd., PRADCO Outdoor Brands Inc., Pure Fishing Inc., Rapala VMC Corp., Rome Specialty Co. Inc., Sea Master Enterprise Co. Ltd., SHIMANO INC., St. Croix of Park Falls Ltd., Taylor Fly Fishing, Tica Fishing Tackle, and Zebco Holdings Inc. among others.

What will the Sports Fishing Equipment Market Size be During the Forecast Period?

Sports Fishing Equipment Market Size

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Sports Fishing Equipment Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The increasing popularity of recreational fishing is notably driving the sports fishing equipment market growth, although factors such as preference for pre-used and rental variants of sports fishing equipment may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic's impact on the sports fishing equipment industry. The holistic analysis of the drivers will help deduce end goals and refine marketing strategies to gain a competitive edge.

Key Sports Fishing Equipment Market Driver

The increasing popularity of recreational fishing is the major driver of the growth of the sports fishing equipment market. The increasing popularity of recreational fishing will be a significant factor in driving the growth of the sports fishing equipment market. Several countries, especially in the Mediterranean region are promoting fish tourism to address the short-term losses of marine protected areas and to provide an alternative source of income. Apart from supporting travel, boating, restaurants, and the tourism industry, the rise in recreational fishing will also create several growth opportunities for sports fishing equipment vendors. This increasing participation in recreational fishing activities will boost the sales of sports fishing equipment and consequently fuel the growth of the market throughout the next.

Key Sports Fishing Equipment Market Trend

Product portfolio expansion in the global sports fishing equipment market is the major trend driving the growth of the sports fishing equipment market. With the growing demand, market vendors are focusing on the development of sports fishing equipment integrated with innovative features that provide added benefits during operations. Certain sports fishing equipment available in the market allows end-users to perform precision fishing. A few of the market vendors are offering sensors for fishing rods. For instance, smart sensors for sports fishing equipment offered by Cyberfishing Inc. (Cyberfishing) track fishing hotspots through the Cyberfishing app. The increasing availability of such innovative sports fishing equipment will drive the growth of the market during the forecast period.

Key Sports Fishing Equipment Market Challenge

Preference for pre-used and rental variants of sports fishing equipment is the major hindrance to the growth of the sports fishing equipment market. Vendors operating in the global sports fishing equipment market are focusing on developing products with improved features. Not all end-users prefer buying the expensive updated models of sports fishing equipment; many of them prefer low-cost sports fishing equipment. Pre-used models of sports fishing equipment are available, and they cost less than new products. End-users can get information about the availability of such models through advertisements in print and social media. Pre-used sports fishing equipment can be purchased from various online portals, such as Gumtree.com Ltd. (Gumtree) and eBay Inc. (eBay). They are also available in repair shops. Increasing preference for the pre-used models of sports fishing equipment will negatively impact the sales of new units and hamper the growth of the market during the forecast period.

This sports fishing equipment market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global sports fishing equipment market as a part of the global leisure products market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the sports fishing equipment market during the forecast period.

Who are the Major Sports Fishing Equipment Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • AFTCO Mfg. Co. Inc.
  • Eagle Claw Fishing Tackle Co.
  • Eppinger Manufacturing
  • Gamakatsu USA Inc.
  • Globeride Inc.
  • Grandt Industries Inc.
  • Jim Teeny Inc.
  • Koppers Fishing and Tackle Corp.
  • O. Mustad and Son A.S.
  • OKUMA FISHING TACKLE Co. Ltd.
  • PRADCO Outdoor Brands Inc.
  • Pure Fishing Inc.
  • Rapala VMC Corp.
  • Rome Specialty Co. Inc.
  • Sea Master Enterprise Co. Ltd.
  • SHIMANO INC.
  • St. Croix of Park Falls Ltd.
  • Taylor Fly Fishing
  • Tica Fishing Tackle
  • Zebco Holdings Inc.

 

This statistical study of the sports fishing equipment market encompasses successful business strategies deployed by the key vendors. The sports fishing equipment market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The sports fishing equipment market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Sports Fishing Equipment Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the sports fishing equipment market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Sports Fishing Equipment Market?

Sports Fishing Equipment Market Share by Geography

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40% of the market’s growth will originate from North America during the forecast period. The US is the key market for market in North America. Market growth in this region will be faster than the growth of the market in other regions.

The availability of innovative sports fishing equipment will facilitate market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The sports fishing equipment market in the region witnessed certain challenges due to the COVID-19 pandemic in 2020. Many government organizations in the region banned recreational fishing due to the pandemic. For instance, in March 2020, the Washington Department of Fish and Wildlife announced its decision to temporarily close recreational fishing and shellfishing events statewide. Some of the fishing events were also canceled in the region. 

What are the Revenue-generating Product Segments in the Sports Fishing Equipment Market?

Sports Fishing Equipment Market Share

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The market share growth in the segments fishing rods segment will be significant during the forecast period. The development of new variants of fishing rods with improved technologies will encourage more end-users to invest in such models, subsequently accelerating the growth momentum of the market during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the sports fishing equipment market size and actionable market insights on post COVID-19 impact on each segment.

 

Sports Fishing Equipment Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 3.21%

Market growth 2022-2026

$ 2.45 billion

Market structure

Fragmented

YoY growth (%)

2.5

Regional analysis

North America, Europe, APAC, South America, and the Middle East and Africa

Performing market contribution

North America at 40%

Key consumer countries

US, China, France, Germany, and UK

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

AFTCO Mfg. Co. Inc., Eagle Claw Fishing Tackle Co., Eppinger Manufacturing, Gamakatsu USA Inc., Globeride Inc., Grandt Industries Inc., Jim Teeny Inc., Koppers Fishing and Tackle Corp., O. Mustad and Son A.S., OKUMA FISHING TACKLE Co. Ltd., PRADCO Outdoor Brands Inc., Pure Fishing Inc., Rapala VMC Corp., Rome Specialty Co. Inc., Sea Master Enterprise Co. Ltd., SHIMANO INC., St. Croix of Park Falls Ltd., Taylor Fly Fishing, Tica Fishing Tackle, and Zebco Holdings Inc. 

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

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What are the Key Data Covered in this Sports Fishing Equipment Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive sports fishing equipment market growth during the next five years
  • Precise estimation of the sports fishing equipment market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the sports fishing equipment industry across North America, Europe, APAC, South America, and the Middle East, and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of sports fishing equipment market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Product

    • 5.1 Market segments
      • Exhibit 24: Chart on Product - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on Product - Market share 2021-2026 (%)
    • 5.2 Comparison by Product
      • Exhibit 26: Chart on Comparison by Product
      • Exhibit 27: Data Table on Comparison by Product
    • 5.3 Fishing rod - Market size and forecast 2021-2026
      • Exhibit 28: Chart on Fishing rod - Market size and forecast 2021-2026 ($ million)
      • Exhibit 29: Data Table on Fishing rod - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Chart on Fishing rod - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on Fishing rod - Year-over-year growth 2021-2026 (%)
    • 5.4 Fishing reel - Market size and forecast 2021-2026
      • Exhibit 32: Chart on Fishing reel - Market size and forecast 2021-2026 ($ million)
      • Exhibit 33: Data Table on Fishing reel - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Chart on Fishing reel - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on Fishing reel - Year-over-year growth 2021-2026 (%)
    • 5.5 Fishing lure - Market size and forecast 2021-2026
      • Exhibit 36: Chart on Fishing lure - Market size and forecast 2021-2026 ($ million)
      • Exhibit 37: Data Table on Fishing lure - Market size and forecast 2021-2026 ($ million)
      • Exhibit 38: Chart on Fishing lure - Year-over-year growth 2021-2026 (%)
      • Exhibit 39: Data Table on Fishing lure - Year-over-year growth 2021-2026 (%)
    • 5.6 Others - Market size and forecast 2021-2026
      • Exhibit 40: Chart on Others - Market size and forecast 2021-2026 ($ million)
      • Exhibit 41: Data Table on Others - Market size and forecast 2021-2026 ($ million)
      • Exhibit 42: Chart on Others - Year-over-year growth 2021-2026 (%)
      • Exhibit 43: Data Table on Others - Year-over-year growth 2021-2026 (%)
    • 5.7 Market opportunity by Product
      • Exhibit 44: Market opportunity by Product ($ million)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 45: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 46: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 47: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 48: Chart on Geographic comparison
      • Exhibit 49: Data Table on Geographic comparison
    • 7.3 North America - Market size and forecast 2021-2026
      • Exhibit 50: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 51: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 52: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.4 Europe - Market size and forecast 2021-2026
      • Exhibit 54: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 55: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 56: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.5 APAC - Market size and forecast 2021-2026
      • Exhibit 58: Chart on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 59: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 60: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 7.6 South America - Market size and forecast 2021-2026
      • Exhibit 62: Chart on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 63: Data Table on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 64: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 7.7 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 66: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 67: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 68: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 7.8 US - Market size and forecast 2021-2026
      • Exhibit 70: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 71: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 72: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.9 China - Market size and forecast 2021-2026
      • Exhibit 74: Chart on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 75: Data Table on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 76: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 7.10 France - Market size and forecast 2021-2026
      • Exhibit 78: Chart on France - Market size and forecast 2021-2026 ($ million)
      • Exhibit 79: Data Table on France - Market size and forecast 2021-2026 ($ million)
      • Exhibit 80: Chart on France - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on France - Year-over-year growth 2021-2026 (%)
    • 7.11 Germany - Market size and forecast 2021-2026
      • Exhibit 82: Chart on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 83: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 84: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 85: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 7.12 UK - Market size and forecast 2021-2026
      • Exhibit 86: Chart on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 87: Data Table on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 88: Chart on UK - Year-over-year growth 2021-2026 (%)
      • Exhibit 89: Data Table on UK - Year-over-year growth 2021-2026 (%)
    • 7.13 Market opportunity by geography
      • Exhibit 90: Market opportunity by geography ($ million)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 91: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 92: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 93: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 94: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 95: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 96: Matrix on vendor position and classification
            • 10.3 AFTCO Mfg. Co. Inc.
              • Exhibit 97: AFTCO Mfg. Co. Inc. - Overview
              • Exhibit 98: AFTCO Mfg. Co. Inc. - Product / Service
              • Exhibit 99: AFTCO Mfg. Co. Inc. - Key offerings
            • 10.4 Eagle Claw Fishing Tackle Co.
              • Exhibit 100: Eagle Claw Fishing Tackle Co. - Overview
              • Exhibit 101: Eagle Claw Fishing Tackle Co. - Product / Service
              • Exhibit 102: Eagle Claw Fishing Tackle Co. - Key offerings
            • 10.5 Eppinger Manufacturing
              • Exhibit 103: Eppinger Manufacturing - Overview
              • Exhibit 104: Eppinger Manufacturing - Product / Service
              • Exhibit 105: Eppinger Manufacturing - Key offerings
            • 10.6 Gamakatsu USA Inc.
              • Exhibit 106: Gamakatsu USA Inc. - Overview
              • Exhibit 107: Gamakatsu USA Inc. - Product / Service
              • Exhibit 108: Gamakatsu USA Inc. - Key offerings
            • 10.7 Globeride Inc.
              • Exhibit 109: Globeride Inc. - Overview
              • Exhibit 110: Globeride Inc. - Product / Service
              • Exhibit 111: Globeride Inc. - Key offerings
            • 10.8 Grandt Industries Inc.
              • Exhibit 112: Grandt Industries Inc. - Overview
              • Exhibit 113: Grandt Industries Inc. - Product / Service
              • Exhibit 114: Grandt Industries Inc. - Key offerings
            • 10.9 Jim Teeny Inc.
              • Exhibit 115: Jim Teeny Inc. - Overview
              • Exhibit 116: Jim Teeny Inc. - Product / Service
              • Exhibit 117: Jim Teeny Inc. - Key offerings
            • 10.10 Koppers Fishing and Tackle Corp.
              • Exhibit 118: Koppers Fishing and Tackle Corp. - Overview
              • Exhibit 119: Koppers Fishing and Tackle Corp. - Product / Service
              • Exhibit 120: Koppers Fishing and Tackle Corp. - Key offerings
            • 10.11 O. Mustad and Son A.S.
              • Exhibit 121: O. Mustad and Son A.S. - Overview
              • Exhibit 122: O. Mustad and Son A.S. - Product / Service
              • Exhibit 123: O. Mustad and Son A.S. - Key offerings
            • 10.12 OKUMA FISHING TACKLE Co. Ltd.
              • Exhibit 124: OKUMA FISHING TACKLE Co. Ltd. - Overview
              • Exhibit 125: OKUMA FISHING TACKLE Co. Ltd. - Product / Service
              • Exhibit 126: OKUMA FISHING TACKLE Co. Ltd. - Key offerings

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 127: Inclusions checklist
                • Exhibit 128: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 129: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 130: Research methodology
                • Exhibit 131: Validation techniques employed for market sizing
                • Exhibit 132: Information sources
              • 11.5 List of abbreviations
                • Exhibit 133: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
              Technavio

              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
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              Sports Fishing Equipment market growth will increase by $2454.06 million during 2022-2026.
              The sports fishing equipment market is expected to grow at a CAGR of 3.21% during 2022-2026.
              Technavio has segmented the sports fishing equipment market by product (Fishing rod, Fishing reel, Fishing lure, and Others) and geographic (North America, Europe, APAC, South America, Middle East and Africa, North America, Europe, APAC, South America, and MEA).
              AFTCO Mfg. Co. Inc., Eagle Claw Fishing Tackle Co., Eppinger Manufacturing, Gamakatsu USA Inc., Globeride Inc., Grandt Industries Inc., Jim Teeny Inc., Koppers Fishing and Tackle Corp., O. Mustad and Son A.S., OKUMA FISHING TACKLE Co. Ltd., PRADCO Outdoor Brands Inc., Pure Fishing Inc., Rapala VMC Corp., Rome Specialty Co. Inc., Sea Master Enterprise Co. Ltd., SHIMANO INC., St. Croix of Park Falls Ltd., Taylor Fly Fishing, Tica Fishing Tackle, Zebco Holdings Inc. are a few of the key vendors in the sports fishing equipment market.
              North America will register the highest growth rate of 39.79% among the other regions. Therefore, the sports fishing equipment market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
              The key factors driving the sports fishing equipment market growth are:
              • Recreational fishing gaining traction
              • Product portfolio expansion in the global sports fishing equipment market
              The sports fishing equipment market vendors should focus on grabbing business opportunities from the fishing rod segment as it accounted for the largest market share in the base year.
              • What are the key global market and the regional market share?
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              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?
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