AB Fishing Tackle

Main Menu

  • Home
  • Fishing Tackle
  • Fishing Rods
  • Fishing Gear
  • Fishing Equipment
  • Fishing Store

AB Fishing Tackle

Header Banner

AB Fishing Tackle

  • Home
  • Fishing Tackle
  • Fishing Rods
  • Fishing Gear
  • Fishing Equipment
  • Fishing Store
Fishing Equipment
Home›Fishing Equipment›Global Sport Fishing Equipment Market 2020-2027

Global Sport Fishing Equipment Market 2020-2027

By Sharon D. Horowitz
June 10, 2020
0
0


Dublin, June 10, 2020 (GLOBE NEWSWIRE) – The report “Sports Fishing Equipment – Global Market Trajectory & Analytics” has been added to ResearchAndMarkets.com offer.

Amid the COVID-19 crisis and looming economic recession, the global sport fishing equipment market will experience an expected growth of US $ 2.7 billion during the analysis period, driven by a rate of Compound annual growth (CAGR) revised to 2.3%. Rods, Reels, & Poles, one of the segments analyzed and sized in this study, is expected to grow over 2.2% to a market size of US $ 7.9 billion by the end of the period analysis. An unusual time in history, the coronavirus pandemic sparked an unprecedented series of events affecting all industries. The rods, reels and poles market will be reset to a new normal which, in the future, in a post COVID-19 era, will be continually redefined and redesigned. Staying on top of trends and accurate analysis is more important than ever in managing uncertainty, change and constantly adapting to new and changing market conditions.

Under the new emerging geographic scenario, the United States is expected to readjust to a CAGR of 1.4%. In Europe, the region most affected by the pandemic, Germany will add more than US $ 57.8 million to the size of the region over the next 7-8 years. In addition, more than US $ 68.3 million of projected demand in the region will come from the rest of European markets. In Japan, the Rods, Reels, & Poles segment will reach a market size of US $ 394 million at the end of the analysis period. Blamed for the pandemic, China faces significant political and economic challenges. Amid the growing push for decoupling and economic distancing, changing relations between China and the rest of the world will influence competition and opportunities in the sport fishing equipment market. Against this backdrop and changing geopolitical, business and consumer sentiment, the world’s second-largest economy will grow 4.8% over the next two years and add approximately US $ 931 million in addressable market opportunities. .

The overall analysis and forecast periods covered in the report are 2020-2027 (current and future analysis) and 2012-2019 (historical review). Research estimates are provided for 2020, while research projections cover the period 2021-2027.

Continued monitoring for emerging signs of a possible post-COVID-19 post-crisis New World Order is a must for aspiring companies and their astute executives looking to succeed in the rapidly changing sport fishing equipment market landscape.

The competitors identified in this market are, among others:

  • AFTCO Mfg. Co., Inc.
  • Daiwa Company
  • Eagle Claw Fishing Tackle Co.
  • Eppinger Mfg. Co.
  • Gamakatsu Co., Ltd.
  • Grandt Industries, Inc.
  • Jim Teeny, Inc.
  • Koppers Fishing
  • O. Mustad & Fils AS
  • Okuma Fishing Tackle Corporation
  • Plano Synergy Holdings, Inc.
  • PRADCO Outdoor Brands, Inc.
  • Pure Peach, Inc.
  • Rapala VMC Corporation
  • Sea Masterenterprise Co., Ltd.
  • Shimano, Inc.
  • Taylor fly fishing
  • TICA fishing equipment

Main topics covered:

I. INTRODUCTION, METHODOLOGY AND SCOPE OF THE REPORT

II. ABSTRACT

1. MARKET OVERVIEW

  • Impact of Covid-19 and an impending global recession
  • Recent market activity
  • Sport fishing equipment: meet the ever-changing needs of recreational fishing, the healthy hobby
  • Many Health and Wellness Benefits of Recreational Fishing Drive Widespread Adoption of Fishing Gear
  • Top health and well-being benefits of recreational fishing ranked in order of importance
  • Global Market Outlook
  • Lures, flies and baits: the fastest growing segment
  • Market shares of global competitors
  • Market share scenario of competitors in sport fishing equipment in the world (in%): 2018 and 2029

2. FOCUS ON CERTAIN PLAYERS

3. MARKET TRENDS AND FACTORS

  • Constant Proliferation of Connected Electronic Fishing Devices Drives Healthy Market Growth
  • Select innovative electronic products related to sport fishing
  • AngLR Tracker for Fishing Rod
  • FishSentry Connected Fishing Rods
  • PowerRay Underwater Robot
  • Marcum Recon 5 Underwater Camera
  • FLIR Ocean Scout TK Night Vision Camera
  • The passion for the outdoors and the desire to preserve nature drives demand from the population of millennials
  • Millennial World Population Facts and Figures: Significant Indicators of Opportunity
  • Disruptive technologies that have transformed sport fishing boats over the years
  • The growing popularity of the market expansion of the benefits of kayak fishing
  • Increase disposable income to boost sales of sport fishing equipment
  • Growing interest in fishing among women opens avenues for growth
  • Airbomb: a revolutionary outdoor baiting device
  • Shimano develops the world’s most advanced fishing reel
  • Lures mimic the sounds of fish
  • Lures with characteristic oscillating action
  • The bait covers more water to find feeding fish
  • 3d printed fishing bobbers
  • Recent innovations in bow fishing
  • Advances in Fly Fishing Reels
  • Innovative fishing accessories
  • Other innovative fishing rods, lures and reels

4. WORLD MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETETION

For more information on this report, visit https://www.researchandmarkets.com/r/v2zikq

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for market research reports and international market data. We provide you with the latest data on international and regional markets, key industries, major companies, new products and the latest trends.

Research and Markets also offers personalized research services providing targeted, comprehensive and personalized research.



Related posts:

  1. Global Sport Fishing Equipment Market (2021-2025) – Featuring Fairpoint Outdoors, Gamakatsu USA, and GLOBERIDE, among others – ResearchAndMarkets.com
  2. Global Sport Fishing Equipment Market 2020-2024 | innovations in sport fishing equipment to drive growth | Technavio
  3. Getting Addicted: Bass Pro Shops, Cabela’s Donates Fishing Equipment to Local Nonprofits | News from local businesses
  4. Sport Fishing Equipment market size, future trends, segmentation, gross margin, assessment of opportunities and industry potential by 2028
Tagsequipment marketfishing equipmentfishing rodsfishing tacklemarket researchmarket sizerods reelsunited states
Recent Posts
  • Ipswich – stolen fishing tackle
  • Colorado bankruptcies drop 40% in April – Loveland Reporter-Herald
  • Essential fishing gear to catch your next big catch
  • A metals company has handed over a £586million support package to the Scottish government in the face of court bankruptcy battle
  • 4 Pieces of Fishing Gear Every Beginner Angler Must Have
Categories
  • Fishing Equipment
  • Fishing Gear
  • Fishing Rods
  • Fishing Store
  • Fishing Tackle
Archives
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • September 2017
  • July 2017
  • June 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • November 2016
  • October 2016
  • July 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • November 2015
  • May 2015
  • April 2015
  • February 2015
  • January 2015
  • February 2014
  • January 2014
  • April 2013
  • March 2013
  • February 2013
  • January 2013
  • November 2012
  • June 2012
  • May 2012
  • May 2011
  • March 2011
  • November 2009
  • July 2007
  • October 2006
  • May 2006
  • Privacy Policy
  • Terms and Conditions