Sports Fishing Equipment Market Synopsis

Sports Fishing Equipment Market Size is Valued at USD 15.64 Billion in 2023, and is Projected to Reach USD 22.9 Billion by 2032, Growing at a CAGR of 4.33% From 2024-2032.

The market for sports fishing equipment is expanding at a huge pace and the rising consumption of products allied to recreational fishing across the enthusiasts of all age groups. With more people looking for recreational activities that connect them to nature in order to take a break, sports fishing has become popular. This is further complemented by the improvements in inventions of fishing gear and tackles This is through improvement in the quality of rods, reels and baits that make the fishing spree more glamorous. Also, more people began fishing due to the new formats of sharing information through social media and the internet.

North American is of the largest regional markets in the sports fishing equipment industry because of vibrant fishing culture and many fishing competitions in the region. Lakes, rivers, and coastal fishing forms the common water fishing activities explored within the region offer plenty of fishing opportunities. Additionally, due to the increased popularity of state such as florida and California for fisheries, fishermen and fisherwomen require specialized fishing equipement. With the increasing popularity of environmental friendly fishing practices, more and more equipment with friendly environment are also being adopted in the market by those who are concerned with the environment.

Other than the North America, it is apparent that the Asia Pacific region will also be a large market for sports fishing equipment due to higher incomes per capita and higher propensity to consume on leisure activities. There is a growing trend toward fishing trips in Japan, Australia, and New Zealand, which increase the demand for new types of equipment. Online business stores are now proving significant importance in increasing market access invoking consumers’ access to a broad variety of fishing equipment and related items. And with increasing development by the manufacturing industries as they unveil more complex products, the sports fishing equipment market is predicted to experience a steady flow Thunderbird Group Limited.

Sports Fishing Equipment Market Trend Analysis

Increasing Adoption of Eco-Friendly Fishing Gear

• This sector is most influential today due to the growing concerns for the environment and the public demands for more environmentally friendly sports fishing equipment. Currently, most consumers are paying attention to the kind of impacts that they leave on the environment and, in this regard, are in the market for environmentally friendly products. Concern over the effect of fishing has seen manufactures produce fishing equipment that has least effect on the environment, including biodegradable fishing threads, non-lead fishing weights, and fishing rods/ reels made from recycled materials. It also appeals to this new generation of anglers, as well as sustaining the use of the right methods when fishing that do not affect aquatic life.
• Furthermore, the efforts that are being undertaken to eliminate excess plastics in the seas are affecting the market. Currently fishing organizations and some conservation organizations have begun calling for the use of sustainable mateial and practices in fishing. As a result, fresh products have been developed with the purpose of minimizing the impact on the environment, for instance, the re usable bait tubs and green fishing kits. With more fishers opting for sustainable fishing, the market for sustainable fishing gear is likely to expand and heaping pressure on makers to practice sustainable production to meet customers’ demand.

Growth of Smart Fishing Technology

• Another trend with potential implication on the market is the fact that there has been incremental introduction of technology in sports fishing equipment. Smart fishing technology encompasses complex equipment that facilitate fishery practices through giving real time information. For example, gaining and sonar tools can increase the possibility to catch fish, while applications for smart phones help users to monitor catches, conditions, fishing times. This technological development also enhances the possibilities of successful fishing and brings in more young group of people interested in using technologies in fishing.
• In addition, wearable technology is also enjoying increasing use among anglers as well. Smartwatches and fitness trackers can track heart rates, fishing locations and give signals when there are changes in the weather. This trend is ideal for consumers who want to incorporate their favorite hobby to use modern technology to do so. Given that manufacturers are still developing new solutions in smart fishing, the sports fishing equipment market should experience the appropriation of these advanced tools that improve the fishing process for fans.

Active Key Players in the Sports Fishing Equipment Market

• Eagle Claw (U.S.)
• Newell Brands (U.S.)
• OKUMA FISHING TACKLE CO., LTD. (China)
• Pure Fishing, Inc. (U.S.)
• St. Croix Rods (U.S.)
• SHIMANO INC. (Japan)
• MOONSHINE ROD COMPANY (U.S.)
• AFTCO (U.S.)
• TICA FISHING TACKLE (China)
• GLOBERIDE, Inc.(Japan)
• O. Mustad & Son AS (Norway)
• KISTLER Fishing (U.S.)
• Pride Rods (U.S.)
• Rapala VMC Corporation (Finland)
• others

Chapter 1: Introduction
 1.1 Scope and Coverage

Chapter 2:Executive Summary

Chapter 3: Market Landscape
 3.1 Market Dynamics
  3.1.1 Drivers
  3.1.2 Restraints
  3.1.3 Opportunities
  3.1.4 Challenges
 3.2 Market Trend Analysis
 3.3 PESTLE Analysis
 3.4 Porter's Five Forces Analysis
 3.5 Industry Value Chain Analysis
 3.6 Ecosystem
 3.7 Regulatory Landscape
 3.8 Price Trend Analysis
 3.9 Patent Analysis
 3.10 Technology Evolution
 3.11 Investment Pockets
 3.12 Import-Export Analysis

Chapter 4: Sports Fishing Equipment Market by Product
 4.1 Sports Fishing Equipment Market Snapshot and Growth Engine
 4.2 Sports Fishing Equipment Market Overview
 4.3 Rods
  4.3.1 Introduction and Market Overview
  4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.3.3 Key Market Trends, Growth Factors and Opportunities
  4.3.4 Rods: Geographic Segmentation Analysis
 4.4 Reels
  4.4.1 Introduction and Market Overview
  4.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.4.3 Key Market Trends, Growth Factors and Opportunities
  4.4.4 Reels: Geographic Segmentation Analysis
 4.5 Hooks
  4.5.1 Introduction and Market Overview
  4.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.5.3 Key Market Trends, Growth Factors and Opportunities
  4.5.4 Hooks: Geographic Segmentation Analysis
 4.6 Lures
  4.6.1 Introduction and Market Overview
  4.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.6.3 Key Market Trends, Growth Factors and Opportunities
  4.6.4 Lures: Geographic Segmentation Analysis
 4.7 Lines
  4.7.1 Introduction and Market Overview
  4.7.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.7.3 Key Market Trends, Growth Factors and Opportunities
  4.7.4 Lines: Geographic Segmentation Analysis
 4.8 Rigs
  4.8.1 Introduction and Market Overview
  4.8.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.8.3 Key Market Trends, Growth Factors and Opportunities
  4.8.4 Rigs: Geographic Segmentation Analysis
 4.9 Jig Head
  4.9.1 Introduction and Market Overview
  4.9.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.9.3 Key Market Trends, Growth Factors and Opportunities
  4.9.4 Jig Head: Geographic Segmentation Analysis

Chapter 5: Sports Fishing Equipment Market by Application
 5.1 Sports Fishing Equipment Market Snapshot and Growth Engine
 5.2 Sports Fishing Equipment Market Overview
 5.3 Freshwater Fishing
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Freshwater Fishing: Geographic Segmentation Analysis
 5.4 Saltwater Fishing
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Saltwater Fishing: Geographic Segmentation Analysis

Chapter 6: Sports Fishing Equipment Market by Distribution Channel
 6.1 Sports Fishing Equipment Market Snapshot and Growth Engine
 6.2 Sports Fishing Equipment Market Overview
 6.3 Independent Sports Outlets
  6.3.1 Introduction and Market Overview
  6.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.3.3 Key Market Trends, Growth Factors and Opportunities
  6.3.4 Independent Sports Outlets: Geographic Segmentation Analysis
 6.4 Franchised Sports Outlets
  6.4.1 Introduction and Market Overview
  6.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.4.3 Key Market Trends, Growth Factors and Opportunities
  6.4.4 Franchised Sports Outlets: Geographic Segmentation Analysis
 6.5 Modern Trade Channels
  6.5.1 Introduction and Market Overview
  6.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.5.3 Key Market Trends, Growth Factors and Opportunities
  6.5.4 Modern Trade Channels: Geographic Segmentation Analysis
 6.6 Direct to Consumer Brand Outlets
  6.6.1 Introduction and Market Overview
  6.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.6.3 Key Market Trends, Growth Factors and Opportunities
  6.6.4 Direct to Consumer Brand Outlets: Geographic Segmentation Analysis
 6.7 Direct to Customer Online Channels
  6.7.1 Introduction and Market Overview
  6.7.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.7.3 Key Market Trends, Growth Factors and Opportunities
  6.7.4 Direct to Customer Online Channels: Geographic Segmentation Analysis

Chapter 7: Sports Fishing Equipment Market by End Users
 7.1 Sports Fishing Equipment Market Snapshot and Growth Engine
 7.2 Sports Fishing Equipment Market Overview
 7.3 Individual Consumers
  7.3.1 Introduction and Market Overview
  7.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  7.3.3 Key Market Trends, Growth Factors and Opportunities
  7.3.4 Individual Consumers: Geographic Segmentation Analysis
 7.4 Clubs
  7.4.1 Introduction and Market Overview
  7.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  7.4.3 Key Market Trends, Growth Factors and Opportunities
  7.4.4 Clubs: Geographic Segmentation Analysis
 7.5 Sports Organizers
  7.5.1 Introduction and Market Overview
  7.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  7.5.3 Key Market Trends, Growth Factors and Opportunities
  7.5.4 Sports Organizers: Geographic Segmentation Analysis

Chapter 8: Company Profiles and Competitive Analysis
 8.1 Competitive Landscape
  8.1.1 Competitive Benchmarking
  8.1.2 Sports Fishing Equipment Market Share by Manufacturer (2023)
  8.1.3 Industry BCG Matrix
  8.1.4 Heat Map Analysis
  8.1.5 Mergers and Acquisitions
  
 8.2 AGLE CLAW (US)
  8.2.1 Company Overview
  8.2.2 Key Executives
  8.2.3 Company Snapshot
  8.2.4 Role of the Company in the Market
  8.2.5 Sustainability and Social Responsibility
  8.2.6 Operating Business Segments
  8.2.7 Product Portfolio
  8.2.8 Business Performance
  8.2.9 Key Strategic Moves and Recent Developments
  8.2.10 SWOT Analysis
 8.3 NEWELL BRANDS (US)
 8.4 OKUMA FISHING TACKLE CO LTD (CHINA)
 8.5 PURE FISHING INC (US)
 8.6 ST CROIX RODS (US)
 8.7 SHIMANO INC (JAPAN)
 8.8 MOONSHINE ROD COMPANY (US)
 8.9 AFTCO (US)
 8.10 TICA FISHING TACKLE (CHINA)
 8.11 GLOBERIDE INC (JAPAN)
 8.12 O MUSTAD & SON AS (NORWAY)
 8.13 KISTLER FISHING (US)
 8.14 PRIDE RODS (US)
 8.15 RAPALA VMC CORPORATION (FINLAND)
 8.16 OTHER ACTIVE PLAYERS

Chapter 9: Global Sports Fishing Equipment Market By Region
 9.1 Overview
 9.2. North America Sports Fishing Equipment Market
  9.2.1 Key Market Trends, Growth Factors and Opportunities
  9.2.2 Top Key Companies
  9.2.3 Historic and Forecasted Market Size by Segments
  9.2.4 Historic and Forecasted Market Size By Product
  9.2.4.1 Rods
  9.2.4.2 Reels
  9.2.4.3 Hooks
  9.2.4.4 Lures
  9.2.4.5 Lines
  9.2.4.6 Rigs
  9.2.4.7 Jig Head
  9.2.5 Historic and Forecasted Market Size By Application
  9.2.5.1 Freshwater Fishing
  9.2.5.2 Saltwater Fishing
  9.2.6 Historic and Forecasted Market Size By Distribution Channel
  9.2.6.1 Independent Sports Outlets
  9.2.6.2 Franchised Sports Outlets
  9.2.6.3 Modern Trade Channels
  9.2.6.4 Direct to Consumer Brand Outlets
  9.2.6.5 Direct to Customer Online Channels
  9.2.7 Historic and Forecasted Market Size By End Users
  9.2.7.1 Individual Consumers
  9.2.7.2 Clubs
  9.2.7.3 Sports Organizers
  9.2.8 Historic and Forecast Market Size by Country
  9.2.8.1 US
  9.2.8.2 Canada
  9.2.8.3 Mexico
 9.3. Eastern Europe Sports Fishing Equipment Market
  9.3.1 Key Market Trends, Growth Factors and Opportunities
  9.3.2 Top Key Companies
  9.3.3 Historic and Forecasted Market Size by Segments
  9.3.4 Historic and Forecasted Market Size By Product
  9.3.4.1 Rods
  9.3.4.2 Reels
  9.3.4.3 Hooks
  9.3.4.4 Lures
  9.3.4.5 Lines
  9.3.4.6 Rigs
  9.3.4.7 Jig Head
  9.3.5 Historic and Forecasted Market Size By Application
  9.3.5.1 Freshwater Fishing
  9.3.5.2 Saltwater Fishing
  9.3.6 Historic and Forecasted Market Size By Distribution Channel
  9.3.6.1 Independent Sports Outlets
  9.3.6.2 Franchised Sports Outlets
  9.3.6.3 Modern Trade Channels
  9.3.6.4 Direct to Consumer Brand Outlets
  9.3.6.5 Direct to Customer Online Channels
  9.3.7 Historic and Forecasted Market Size By End Users
  9.3.7.1 Individual Consumers
  9.3.7.2 Clubs
  9.3.7.3 Sports Organizers
  9.3.8 Historic and Forecast Market Size by Country
  9.3.8.1 Bulgaria
  9.3.8.2 The Czech Republic
  9.3.8.3 Hungary
  9.3.8.4 Poland
  9.3.8.5 Romania
  9.3.8.6 Rest of Eastern Europe
 9.4. Western Europe Sports Fishing Equipment Market
  9.4.1 Key Market Trends, Growth Factors and Opportunities
  9.4.2 Top Key Companies
  9.4.3 Historic and Forecasted Market Size by Segments
  9.4.4 Historic and Forecasted Market Size By Product
  9.4.4.1 Rods
  9.4.4.2 Reels
  9.4.4.3 Hooks
  9.4.4.4 Lures
  9.4.4.5 Lines
  9.4.4.6 Rigs
  9.4.4.7 Jig Head
  9.4.5 Historic and Forecasted Market Size By Application
  9.4.5.1 Freshwater Fishing
  9.4.5.2 Saltwater Fishing
  9.4.6 Historic and Forecasted Market Size By Distribution Channel
  9.4.6.1 Independent Sports Outlets
  9.4.6.2 Franchised Sports Outlets
  9.4.6.3 Modern Trade Channels
  9.4.6.4 Direct to Consumer Brand Outlets
  9.4.6.5 Direct to Customer Online Channels
  9.4.7 Historic and Forecasted Market Size By End Users
  9.4.7.1 Individual Consumers
  9.4.7.2 Clubs
  9.4.7.3 Sports Organizers
  9.4.8 Historic and Forecast Market Size by Country
  9.4.8.1 Germany
  9.4.8.2 UK
  9.4.8.3 France
  9.4.8.4 Netherlands
  9.4.8.5 Italy
  9.4.8.6 Russia
  9.4.8.7 Spain
  9.4.8.8 Rest of Western Europe
 9.5. Asia Pacific Sports Fishing Equipment Market
  9.5.1 Key Market Trends, Growth Factors and Opportunities
  9.5.2 Top Key Companies
  9.5.3 Historic and Forecasted Market Size by Segments
  9.5.4 Historic and Forecasted Market Size By Product
  9.5.4.1 Rods
  9.5.4.2 Reels
  9.5.4.3 Hooks
  9.5.4.4 Lures
  9.5.4.5 Lines
  9.5.4.6 Rigs
  9.5.4.7 Jig Head
  9.5.5 Historic and Forecasted Market Size By Application
  9.5.5.1 Freshwater Fishing
  9.5.5.2 Saltwater Fishing
  9.5.6 Historic and Forecasted Market Size By Distribution Channel
  9.5.6.1 Independent Sports Outlets
  9.5.6.2 Franchised Sports Outlets
  9.5.6.3 Modern Trade Channels
  9.5.6.4 Direct to Consumer Brand Outlets
  9.5.6.5 Direct to Customer Online Channels
  9.5.7 Historic and Forecasted Market Size By End Users
  9.5.7.1 Individual Consumers
  9.5.7.2 Clubs
  9.5.7.3 Sports Organizers
  9.5.8 Historic and Forecast Market Size by Country
  9.5.8.1 China
  9.5.8.2 India
  9.5.8.3 Japan
  9.5.8.4 South Korea
  9.5.8.5 Malaysia
  9.5.8.6 Thailand
  9.5.8.7 Vietnam
  9.5.8.8 The Philippines
  9.5.8.9 Australia
  9.5.8.10 New Zealand
  9.5.8.11 Rest of APAC
 9.6. Middle East & Africa Sports Fishing Equipment Market
  9.6.1 Key Market Trends, Growth Factors and Opportunities
  9.6.2 Top Key Companies
  9.6.3 Historic and Forecasted Market Size by Segments
  9.6.4 Historic and Forecasted Market Size By Product
  9.6.4.1 Rods
  9.6.4.2 Reels
  9.6.4.3 Hooks
  9.6.4.4 Lures
  9.6.4.5 Lines
  9.6.4.6 Rigs
  9.6.4.7 Jig Head
  9.6.5 Historic and Forecasted Market Size By Application
  9.6.5.1 Freshwater Fishing
  9.6.5.2 Saltwater Fishing
  9.6.6 Historic and Forecasted Market Size By Distribution Channel
  9.6.6.1 Independent Sports Outlets
  9.6.6.2 Franchised Sports Outlets
  9.6.6.3 Modern Trade Channels
  9.6.6.4 Direct to Consumer Brand Outlets
  9.6.6.5 Direct to Customer Online Channels
  9.6.7 Historic and Forecasted Market Size By End Users
  9.6.7.1 Individual Consumers
  9.6.7.2 Clubs
  9.6.7.3 Sports Organizers
  9.6.8 Historic and Forecast Market Size by Country
  9.6.8.1 Turkey
  9.6.8.2 Bahrain
  9.6.8.3 Kuwait
  9.6.8.4 Saudi Arabia
  9.6.8.5 Qatar
  9.6.8.6 UAE
  9.6.8.7 Israel
  9.6.8.8 South Africa
 9.7. South America Sports Fishing Equipment Market
  9.7.1 Key Market Trends, Growth Factors and Opportunities
  9.7.2 Top Key Companies
  9.7.3 Historic and Forecasted Market Size by Segments
  9.7.4 Historic and Forecasted Market Size By Product
  9.7.4.1 Rods
  9.7.4.2 Reels
  9.7.4.3 Hooks
  9.7.4.4 Lures
  9.7.4.5 Lines
  9.7.4.6 Rigs
  9.7.4.7 Jig Head
  9.7.5 Historic and Forecasted Market Size By Application
  9.7.5.1 Freshwater Fishing
  9.7.5.2 Saltwater Fishing
  9.7.6 Historic and Forecasted Market Size By Distribution Channel
  9.7.6.1 Independent Sports Outlets
  9.7.6.2 Franchised Sports Outlets
  9.7.6.3 Modern Trade Channels
  9.7.6.4 Direct to Consumer Brand Outlets
  9.7.6.5 Direct to Customer Online Channels
  9.7.7 Historic and Forecasted Market Size By End Users
  9.7.7.1 Individual Consumers
  9.7.7.2 Clubs
  9.7.7.3 Sports Organizers
  9.7.8 Historic and Forecast Market Size by Country
  9.7.8.1 Brazil
  9.7.8.2 Argentina
  9.7.8.3 Rest of SA

Chapter 10 Analyst Viewpoint and Conclusion
10.1 Recommendations and Concluding Analysis
10.2 Potential Market Strategies

Chapter 11 Research Methodology
11.1 Research Process
11.2 Primary Research
11.3 Secondary Research