Global Sports Fishing Equipment Industry

New York, July 14, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Sports Fishing Equipment Industry" - https://www.reportlinker.com/p04246024/?utm_source=GNW
3 Billion by 2027, growing at a CAGR of 2.3% over the analysis period 2020-2027.Rods, Reels, & Poles, one of the segments analyzed in the report, is projected to grow at a 2.2% CAGR to reach US$7.9 Billion by the end of the analysis period.After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Lures, Flies, & Baits segment is readjusted to a revised 3.2% CAGR for the next 7-year period. This segment currently accounts for a 20% share of the global Sports Fishing Equipment market.

The U.S. Accounts for Over 27.1% of Global Market Size in 2020, While China is Forecast to Grow at a 4.4% CAGR for the Period of 2020-2027
The Sports Fishing Equipment market in the U.S. is estimated at US$4.2 Billion in the year 2020. The country currently accounts for a 27.06% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$3.6 Billion in the year 2027 trailing a CAGR of 4.4% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.5% and 1.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1% CAGR while Rest of European market (as defined in the study) will reach US$3.6 Billion by the year 2027.

Fishing Lines Segment Corners a 11% Share in 2020
In the global Fishing Lines segment, USA, Canada, Japan, China and Europe will drive the 2.3% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$1.3 Billion in the year 2020 will reach a projected size of US$1.5 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$2.5 Billion by the year 2027, while Latin America will expand at a 3.5% CAGR through the analysis period. We bring years of research experience to this 16th edition of our report. The 314-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

-Competitors identified in this market include, among others,

• AFTCO Mfg. Co., Inc.
• Daiwa Corporation
• Eagle Claw Fishing Tackle Co.
• Eppinger Mfg. Co.
• Gamakatsu Co., Ltd.
• Grandt Industries, Inc.
• Jim Teeny, Inc.
• Koppers Fishing
• O. Mustad & Son A.S.
• Okuma Fishing Tackle Corporation
• Plano Synergy Holdings, Inc.
• PRADCO Outdoor Brands, Inc.
• Pure Fishing, Inc.
• Rapala VMC Corporation
• Sea Masterenterprise Co., Ltd.
• Shimano, Inc.
• Taylor Fly Fishing
• TICA Fishing Tackle

Read the full report: https://www.reportlinker.com/p04246024/?utm_source=GNW

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
Impact of Covid-19 and a Looming Global Recession
Recent Market Activity
Sports Fishing Equipment: Meeting the Ever-Changing Needs of
Recreational Fishing, the Healthful Pastime
Myriad Health and Well-Being Benefits of Recreational Fishing
Drive Widespread Adoption of Fishing Equipment
Key Health and Well-Being Benefits of Recreational Fishing
Ranked in the Order of Importance
Global Market Outlook
Lures, Flies, & Baits: The Fastest Growing Segment
Global Competitor Market Shares
Sports Fishing Equipment Competitor Market Share Scenario
Worldwide (in %): 2018 & 2029

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS
Steady Proliferation of Connected Electronic Fishing Devices
Drive Healthy Market Growth
Select Innovative Electronic Sports Fishing-Related Products
AngLR Tracker for Fishing Rod
FishSentry Connected Fishing Rods
PowerRay Underwater Robot
Marcum Recon 5 Underwater Camera
FLIR Ocean Scout TK Night-Vision Camera
Passion for Outdoors and the Drive to Preserve Nature Drive
Demand from the Millennials Population
Global Millennial Population Facts & Figures: Important
Opportunity Indicators
Disruptive Technologies that Transformed the Sports Fishing
Boats over the Years
Surging Popularity of Kayak Fishing Benefits Market Expansion
Increasing Disposable Incomes to Propel Sports Fishing
Equipment Sales
Surging Interest in Fishing among Women Opens Up Growth Avenues
Airbomb: A Revolutionary Mid-Air Baiting Device
Shimano Develops World?s Most Advanced Fishing Reel
Lures Mimic Sounds of Fish
Lures with Characteristic Wobbling Action
Bait Covers More Water to Find Feeding Fish
3D Printed Fishing Bobbers
Recent ARC Fishing Innovations
Advancements in Fly Fishing Reels
Innovative Fishing Accessories
Other Innovative Fishing Rods, Lures and Reels

4. GLOBAL MARKET PERSPECTIVE
Table 1: Sports Fishing Equipment Global Market Estimates and
Forecasts in US$ Million by Region/Country: 2020-2027

Table 2: Sports Fishing Equipment Global Retrospective Market
Scenario in US$ Million by Region/Country: 2012-2019

Table 3: Sports Fishing Equipment Market Share Shift across Key
Geographies Worldwide: 2012 VS 2020 VS 2027

Table 4: Rods, Reels, & Poles (Product Segment) World Market by
Region/Country in US$ Million: 2020 to 2027

Table 5: Rods, Reels, & Poles (Product Segment) Historic Market
Analysis by Region/Country in US$ Million: 2012 to 2019

Table 6: Rods, Reels, & Poles (Product Segment) Market Share
Breakdown of Worldwide Sales by Region/Country: 2012 VS 2020 VS
2027

Table 7: Lures, Flies, & Baits (Product Segment) Potential
Growth Markets Worldwide in US$ Million: 2020 to 2027

Table 8: Lures, Flies, & Baits (Product Segment) Historic
Market Perspective by Region/Country in US$ Million: 2012 to
2019

Table 9: Lures, Flies, & Baits (Product Segment) Market Sales
Breakdown by Region/Country in Percentage: 2012 VS 2020 VS 2027

Table 10: Fishing Lines (Product Segment) Geographic Market
Spread Worldwide in US$ Million: 2020 to 2027

Table 11: Fishing Lines (Product Segment) Region Wise Breakdown
of Global Historic Demand in US$ Million: 2012 to 2019

Table 12: Fishing Lines (Product Segment) Market Share
Distribution in Percentage by Region/Country: 2012 VS 2020 VS
2027

Table 13: Fishing Hooks (Product Segment) World Market
Estimates and Forecasts by Region/Country in US$ Million: 2020
to 2027

Table 14: Fishing Hooks (Product Segment) Market Historic
Review by Region/Country in US$ Million: 2012 to 2019

Table 15: Fishing Hooks (Product Segment) Market Share
Breakdown by Region/Country: 2012 VS 2020 VS 2027

Table 16: Other Product Segments (Product Segment) World Market
by Region/Country in US$ Million: 2020 to 2027

Table 17: Other Product Segments (Product Segment) Historic
Market Analysis by Region/Country in US$ Million: 2012 to 2019

Table 18: Other Product Segments (Product Segment) Market Share
Distribution in Percentage by Region/Country: 2012 VS 2020 VS
2027

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES
Market Facts & Figures
US Sports Fishing Equipment Market Share (in %) by Company:
2018 & 2025
Market Analytics
Table 19: United States Sports Fishing Equipment Market
Estimates and Projections in US$ Million by Product Segment:
2020 to 2027

Table 20: Sports Fishing Equipment Market in the United States
by Product Segment: A Historic Review in US$ Million for
2012-2019

Table 21: United States Sports Fishing Equipment Market Share
Breakdown by Product Segment: 2012 VS 2020 VS 2027

CANADA
Table 22: Canadian Sports Fishing Equipment Market Estimates
and Forecasts in US$ Million by Product Segment: 2020 to 2027

Table 23: Canadian Sports Fishing Equipment Historic Market
Review by Product Segment in US$ Million: 2012-2019

Table 24: Sports Fishing Equipment Market in Canada: Percentage
Share Breakdown of Sales by Product Segment for 2012, 2020, and
2027

JAPAN
Table 25: Japanese Market for Sports Fishing Equipment: Annual
Sales Estimates and Projections in US$ Million by Product
Segment for the Period 2020-2027

Table 26: Sports Fishing Equipment Market in Japan: Historic
Sales Analysis in US$ Million by Product Segment for the Period
2012-2019

Table 27: Japanese Sports Fishing Equipment Market Share
Analysis by Product Segment: 2012 VS 2020 VS 2027

CHINA
Table 28: Chinese Sports Fishing Equipment Market Growth
Prospects in US$ Million by Product Segment for the Period
2020-2027

Table 29: Sports Fishing Equipment Historic Market Analysis in
China in US$ Million by Product Segment: 2012-2019

Table 30: Chinese Sports Fishing Equipment Market by Product
Segment: Percentage Breakdown of Sales for 2012, 2020, and 2027

EUROPE
Market Facts & Figures
European Sports Fishing Equipment Market: Competitor Market
Share Scenario (in %) for 2018 & 2025
Market Analytics
Table 31: European Sports Fishing Equipment Market Demand
Scenario in US$ Million by Region/Country: 2020-2027

Table 32: Sports Fishing Equipment Market in Europe: A Historic
Market Perspective in US$ Million by Region/Country for the
Period 2012-2019

Table 33: European Sports Fishing Equipment Market Share Shift
by Region/Country: 2012 VS 2020 VS 2027

Table 34: European Sports Fishing Equipment Market Estimates
and Forecasts in US$ Million by Product Segment: 2020-2027

Table 35: Sports Fishing Equipment Market in Europe in US$
Million by Product Segment: A Historic Review for the Period
2012-2019

Table 36: European Sports Fishing Equipment Market Share
Breakdown by Product Segment: 2012 VS 2020 VS 2027

FRANCE
Table 37: Sports Fishing Equipment Market in France by Product
Segment: Estimates and Projections in US$ Million for the
Period 2020-2027

Table 38: French Sports Fishing Equipment Historic Market
Scenario in US$ Million by Product Segment: 2012-2019

Table 39: French Sports Fishing Equipment Market Share Analysis
by Product Segment: 2012 VS 2020 VS 2027

GERMANY
Table 40: Sports Fishing Equipment Market in Germany: Recent
Past, Current and Future Analysis in US$ Million by Product
Segment for the Period 2020-2027

Table 41: German Sports Fishing Equipment Historic Market
Analysis in US$ Million by Product Segment: 2012-2019

Table 42: German Sports Fishing Equipment Market Share
Breakdown by Product Segment: 2012 VS 2020 VS 2027

ITALY
Table 43: Italian Sports Fishing Equipment Market Growth
Prospects in US$ Million by Product Segment for the Period
2020-2027

Table 44: Sports Fishing Equipment Historic Market Analysis in
Italy in US$ Million by Product Segment: 2012-2019

Table 45: Italian Sports Fishing Equipment Market by Product
Segment: Percentage Breakdown of Sales for 2012, 2020, and 2027

UNITED KINGDOM
Table 46: United Kingdom Market for Sports Fishing Equipment:
Annual Sales Estimates and Projections in US$ Million by
Product Segment for the Period 2020-2027

Table 47: Sports Fishing Equipment Market in the United
Kingdom: Historic Sales Analysis in US$ Million by Product
Segment for the Period 2012-2019

Table 48: United Kingdom Sports Fishing Equipment Market Share
Analysis by Product Segment: 2012 VS 2020 VS 2027

SPAIN
Table 49: Spanish Sports Fishing Equipment Market Estimates and
Forecasts in US$ Million by Product Segment: 2020 to 2027

Table 50: Spanish Sports Fishing Equipment Historic Market
Review by Product Segment in US$ Million: 2012-2019

Table 51: Sports Fishing Equipment Market in Spain: Percentage
Share Breakdown of Sales by Product Segment for 2012, 2020, and
2027

RUSSIA
Table 52: Russian Sports Fishing Equipment Market Estimates and
Projections in US$ Million by Product Segment: 2020 to 2027

Table 53: Sports Fishing Equipment Market in Russia by Product
Segment: A Historic Review in US$ Million for 2012-2019

Table 54: Russian Sports Fishing Equipment Market Share
Breakdown by Product Segment: 2012 VS 2020 VS 2027

REST OF EUROPE
Table 55: Rest of Europe Sports Fishing Equipment Market
Estimates and Forecasts in US$ Million by Product Segment:
2020-2027

Table 56: Sports Fishing Equipment Market in Rest of Europe in
US$ Million by Product Segment: A Historic Review for the
Period 2012-2019

Table 57: Rest of Europe Sports Fishing Equipment Market Share
Breakdown by Product Segment: 2012 VS 2020 VS 2027

ASIA-PACIFIC
Table 58: Asia-Pacific Sports Fishing Equipment Market
Estimates and Forecasts in US$ Million by Region/Country:
2020-2027

Table 59: Sports Fishing Equipment Market in Asia-Pacific:
Historic Market Analysis in US$ Million by Region/Country for
the Period 2012-2019

Table 60: Asia-Pacific Sports Fishing Equipment Market Share
Analysis by Region/Country: 2012 VS 2020 VS 2027

Table 61: Sports Fishing Equipment Market in Asia-Pacific by
Product Segment: Estimates and Projections in US$ Million for
the Period 2020-2027

Table 62: Asia-Pacific Sports Fishing Equipment Historic Market
Scenario in US$ Million by Product Segment: 2012-2019

Table 63: Asia-Pacific Sports Fishing Equipment Market Share
Analysis by Product Segment: 2012 VS 2020 VS 2027

AUSTRALIA
Table 64: Sports Fishing Equipment Market in Australia: Recent
Past, Current and Future Analysis in US$ Million by Product
Segment for the Period 2020-2027

Table 65: Australian Sports Fishing Equipment Historic Market
Analysis in US$ Million by Product Segment: 2012-2019

Table 66: Australian Sports Fishing Equipment Market Share
Breakdown by Product Segment: 2012 VS 2020 VS 2027

INDIA
Table 67: Indian Sports Fishing Equipment Market Estimates and
Forecasts in US$ Million by Product Segment: 2020 to 2027

Table 68: Indian Sports Fishing Equipment Historic Market
Review by Product Segment in US$ Million: 2012-2019

Table 69: Sports Fishing Equipment Market in India: Percentage
Share Breakdown of Sales by Product Segment for 2012, 2020, and
2027

SOUTH KOREA
Table 70: Sports Fishing Equipment Market in South Korea:
Recent Past, Current and Future Analysis in US$ Million by
Product Segment for the Period 2020-2027

Table 71: South Korean Sports Fishing Equipment Historic Market
Analysis in US$ Million by Product Segment: 2012-2019

Table 72: Sports Fishing Equipment Market Share Distribution in
South Korea by Product Segment: 2012 VS 2020 VS 2027

REST OF ASIA-PACIFIC
Table 73: Rest of Asia-Pacific Market for Sports Fishing
Equipment: Annual Sales Estimates and Projections in US$
Million by Product Segment for the Period 2020-2027

Table 74: Sports Fishing Equipment Market in Rest of
Asia-Pacific: Historic Sales Analysis in US$ Million by Product
Segment for the Period 2012-2019

Table 75: Rest of Asia-Pacific Sports Fishing Equipment Market
Share Analysis by Product Segment: 2012 VS 2020 VS 2027

LATIN AMERICA
Table 76: Latin American Sports Fishing Equipment Market Trends
by Region/Country in US$ Million: 2020-2027

Table 77: Sports Fishing Equipment Market in Latin America in
US$ Million by Region/Country: A Historic Perspective for the
Period 2012-2019

Table 78: Latin American Sports Fishing Equipment Market
Percentage Breakdown of Sales by Region/Country: 2012, 2020,
and 2027

Table 79: Latin American Sports Fishing Equipment Market Growth
Prospects in US$ Million by Product Segment for the Period
2020-2027

Table 80: Sports Fishing Equipment Historic Market Analysis in
Latin America in US$ Million by Product Segment: 2012-2019

Table 81: Latin American Sports Fishing Equipment Market by
Product Segment: Percentage Breakdown of Sales for 2012, 2020,
and 2027

ARGENTINA
Table 82: Argentinean Sports Fishing Equipment Market Estimates
and Forecasts in US$ Million by Product Segment: 2020-2027

Table 83: Sports Fishing Equipment Market in Argentina in US$
Million by Product Segment: A Historic Review for the Period
2012-2019

Table 84: Argentinean Sports Fishing Equipment Market Share
Breakdown by Product Segment: 2012 VS 2020 VS 2027

BRAZIL
Table 85: Sports Fishing Equipment Market in Brazil by Product
Segment: Estimates and Projections in US$ Million for the
Period 2020-2027

Table 86: Brazilian Sports Fishing Equipment Historic Market
Scenario in US$ Million by Product Segment: 2012-2019

Table 87: Brazilian Sports Fishing Equipment Market Share
Analysis by Product Segment: 2012 VS 2020 VS 2027

MEXICO
Table 88: Sports Fishing Equipment Market in Mexico: Recent
Past, Current and Future Analysis in US$ Million by Product
Segment for the Period 2020-2027

Table 89: Mexican Sports Fishing Equipment Historic Market
Analysis in US$ Million by Product Segment: 2012-2019

Table 90: Mexican Sports Fishing Equipment Market Share
Breakdown by Product Segment: 2012 VS 2020 VS 2027

REST OF LATIN AMERICA
Table 91: Rest of Latin America Sports Fishing Equipment Market
Estimates and Projections in US$ Million by Product Segment:
2020 to 2027

Table 92: Sports Fishing Equipment Market in Rest of Latin
America by Product Segment: A Historic Review in US$ Million
for 2012-2019

Table 93: Rest of Latin America Sports Fishing Equipment Market
Share Breakdown by Product Segment: 2012 VS 2020 VS 2027

MIDDLE EAST
Table 94: The Middle East Sports Fishing Equipment Market
Estimates and Forecasts in US$ Million by Region/Country:
2020-2027

Table 95: Sports Fishing Equipment Market in the Middle East by
Region/Country in US$ Million: 2012-2019

Table 96: The Middle East Sports Fishing Equipment Market Share
Breakdown by Region/Country: 2012, 2020, and 2027

Table 97: The Middle East Sports Fishing Equipment Market
Estimates and Forecasts in US$ Million by Product Segment: 2020
to 2027

Table 98: The Middle East Sports Fishing Equipment Historic
Market by Product Segment in US$ Million: 2012-2019

Table 99: Sports Fishing Equipment Market in the Middle East:
Percentage Share Breakdown of Sales by Product Segment for
2012,2020, and 2027

IRAN
Table 100: Iranian Market for Sports Fishing Equipment: Annual
Sales Estimates and Projections in US$ Million by Product
Segment for the Period 2020-2027

Table 101: Sports Fishing Equipment Market in Iran: Historic
Sales Analysis in US$ Million by Product Segment for the Period
2012-2019

Table 102: Iranian Sports Fishing Equipment Market Share
Analysis by Product Segment: 2012 VS 2020 VS 2027

ISRAEL
Table 103: Israeli Sports Fishing Equipment Market Estimates
and Forecasts in US$ Million by Product Segment: 2020-2027

Table 104: Sports Fishing Equipment Market in Israel in US$
Million by Product Segment: A Historic Review for the Period
2012-2019

Table 105: Israeli Sports Fishing Equipment Market Share
Breakdown by Product Segment: 2012 VS 2020 VS 2027

SAUDI ARABIA
Table 106: Saudi Arabian Sports Fishing Equipment Market Growth
Prospects in US$ Million by Product Segment for the Period
2020-2027

Table 107: Sports Fishing Equipment Historic Market Analysis in
Saudi Arabia in US$ Million by Product Segment: 2012-2019

Table 108: Saudi Arabian Sports Fishing Equipment Market by
Product Segment: Percentage Breakdown of Sales for 2012, 2020,
and 2027

UNITED ARAB EMIRATES
Table 109: Sports Fishing Equipment Market in the United Arab
Emirates: Recent Past, Current and Future Analysis in US$
Million by Product Segment for the Period 2020-2027

Table 110: United Arab Emirates Sports Fishing Equipment
Historic Market Analysis in US$ Million by Product Segment:
2012-2019

Table 111: Sports Fishing Equipment Market Share Distribution
in United Arab Emirates by Product Segment: 2012 VS 2020 VS
2027

REST OF MIDDLE EAST
Table 112: Sports Fishing Equipment Market in Rest of Middle
East: Recent Past, Current and Future Analysis in US$ Million
by Product Segment for the Period 2020-2027

Table 113: Rest of Middle East Sports Fishing Equipment
Historic Market Analysis in US$ Million by Product Segment:
2012-2019

Table 114: Rest of Middle East Sports Fishing Equipment Market
Share Breakdown by Product Segment: 2012 VS 2020 VS 2027

AFRICA
Table 115: African Sports Fishing Equipment Market Estimates
and Projections in US$ Million by Product Segment: 2020 to 2027

Table 116: Sports Fishing Equipment Market in Africa by Product
Segment: A Historic Review in US$ Million for 2012-2019

Table 117: African Sports Fishing Equipment Market Share
Breakdown by Product Segment: 2012 VS 2020 VS 2027

IV. COMPETITION

Total Companies Profiled: 167
Read the full report: https://www.reportlinker.com/p04246024/?utm_source=GNW

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