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Sports Fishing Equipment Market by Product, Distribution Channel, and Geography - Global Forecast and Analysis 2020-2024

Sports Fishing Equipment Market by Product, Distribution Channel, and Geography - Global Forecast and Analysis 2020-2024

Global Sports Fishing Equipment Market: About this market

Technavio’s sports fishing equipment market analysis considers sales from fishing rods, fishing reels, fishing lures, and other products. Our study also finds the sales of sports fishing equipment in APAC, Europe, North America, South America, and MEA. In 2018, the fishing rods segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as the development of new variants of fishing rods with improved technologies will play a significant role in the fishing rods segment to maintain its market position. Also, our global sports fishing equipment market report looks at factors such as increasing popularity of recreational fishing, rising number of awareness campaigns encouraging sports fishing, and demand for customized sports fishing equipment. However, preference for pre-used and rental variants of sports fishing equipment, potential issues associated with sports fishing, and regulations related to sports fishing may hamper the growth of the sports fishing equipment industry over the forecast period.

Global Sports Fishing Equipment Market: Overview

Increasing popularity of recreational fishing

The sales of sports fishing equipment are directly influenced by the increasing number of individuals participating in recreational fishing activities. Fishing is one of the most popular outdoor recreational activities in the coastal areas of various countries. Recreational fishing has the potential to significantly influence the economic growth of countries. Increased recreational fishing can support travel, boating, restaurants, tourism industry and provide opportunities to vendors to sell new sports fishing equipment. The increasing popularity of related to among individuals will lead to the expansion of the global sports fishing equipment market at a CAGR of almost 4% during the forecast period.

Innovations in sports fishing equipment market

End-users prefer sports fishing equipment that provides added benefits during operations. To meet the growing demand from end-users, vendors are focusing on developing sports fishing equipment that is integrated with innovative features. Certain vendors are focusing on offering sports fishing equipment that enables end-users to perform precision fishing. Some market vendors are also offering sensors for fishing rods. This development is expected to have a positive impact on the overall market growth.

For the detailed list of factors that will drive the global sports fishing equipment market during the forecast period 2020-2024, click here.

Competitive Landscape

With the presence of several major players, the global sports fishing equipment market is fragmented. Technavio’s robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading sports fishing equipment manufacturers, that include AFTCO Mfg. Co. Inc., Daiwa Corp., Gamakatsu USA Inc., Grandt Industries Inc., Okuma fishing tackle Co. Ltd., Plano Synergy Holding Inc., Pure Fishing, Inc., Rapala VMC Corp., Shimano Inc., Tica Fishing Tackle

Also, the sports fishing equipment market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.


  • Executive summary
  • Scope of the report
    • Preface
      • Table Vendors: Key offerings
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Segments of global leisure products market
      • Table Global leisure products market
    • Market characteristics
      • Table Market characteristics
    • Value chain analysis
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2019
      • Table Market size 2019
    • Market outlook
    • Market size and forecast 2019-2024
      • Table Global market: Size and forecast 2019-2024 ($ millions)
      • Table Global market: Year-over-year growth 2020-2024 (%)
  • Five forces analysis
    • Table Five forces analysis 2019
    • Table Five forces analysis 2024
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2019
  • Market segmentation by product
    • Table Product - Market share 2019-2024 (%)
    • Comparison by product
      • Table Comparison by product
    • Fishing rods - Market size and forecast 2019-2024
      • Table Fishing rods - Market size and forecast 2019-2024 ($ millions)
      • Table Fishing rods - Year-over-year growth 2020-2024 (%)
    • Fishing reels - Market size and forecast 2019-2024
      • Table Fishing reels - Market size and forecast 2019-2024 ($ millions)
      • Table Fishing reels - Year-over-year growth 2020-2024 (%)
    • Fishing lures - Market size and forecast 2019-2024
      • Table Fishing lures - Market size and forecast 2019-2024 ($ millions)
      • Table Fishing lures - Year-over-year growth 2020-2024 (%)
    • Others - Market size and forecast 2019-2024
      • Table Others - Market size and forecast 2019-2024 ($ millions)
      • Table Others - Year-over-year growth 2020-2024 (%)
    • Market opportunity by product
      • Table Market opportunity by product
  • Customer landscape
    • Table Customer landscape
  • Market segmentation by distribution channel
    • Table Market share by distribution channel - 2019 (%)
    • Specialty and sports stores
    • Department and discount stores
    • Online
    • Others
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2019-2024 (%)
    • Geographic comparison
      • Table Geographic comparison
    • North America - Market size and forecast 2019-2024
      • Table North America - Market size and forecast 2019-2024 ($ millions)
      • Table North America - Year-over-year growth 2020-2024 (%)
    • Europe - Market size and forecast 2019-2024
      • Table Europe - Market size and forecast 2019-2024 ($ millions)
      • Table Europe - Year-over-year growth 2020-2024 (%)
    • APAC - Market size and forecast 2019-2024
      • Table APAC - Market size and forecast 2019-2024 ($ millions)
      • Table APAC - Year-over-year growth 2020-2024 (%)
    • South America - Market size and forecast 2019-2024
      • Table South America - Market size and forecast 2019-2024 ($ millions)
      • Table South America - Year-over-year growth 2020-2024 (%)
    • MEA - Market size and forecast 2019-2024
      • Table MEA - Market size and forecast 2019-2024 ($ millions)
      • Table MEA - Year-over-year growth 2020-2024 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Impact of drivers and challenges
  • Market Trends
    • Product portfolio expansion in the global sports fishing equipment market
    • Increasing marketing initiatives
    • Innovations in sports fishing equipment market
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • AFTCO Mfg. Co. Inc.
      • Table AFTCO Mfg. Co. Inc. - Vendor overview
      • Table AFTCO Mfg. Co. Inc. - Product segments
      • Table AFTCO Mfg. Co. Inc. - Organizational developments
      • Table AFTCO Mfg. Co. Inc. - Key offerings
    • Daiwa Corp.
      • Table Daiwa Corp. - Vendor overview
      • Table Daiwa Corp. - Product segments
      • Table Daiwa Corp. - Key offerings
    • Gamakatsu USA Inc.
      • Table Gamakatsu USA Inc. - Vendor overview
      • Table Gamakatsu USA Inc. - Product segments
      • Table Gamakatsu USA Inc. - Key offerings
    • Grandt Industries Inc.
      • Table Grandt Industries Inc. - Vendor overview
      • Table Grandt Industries Inc. - Product segments
      • Table Grandt Industries Inc. - Key offerings
    • Okuma fishing tackle Co. Ltd.
      • Table Okuma fishing tackle Co. Ltd. - Vendor overview
      • Table Okuma fishing tackle Co. Ltd. - Product segments
      • Table Okuma fishing tackle Co. Ltd. - Key customers
    • Plano Synergy Holding Inc.
      • Table Plano Synergy Holding Inc. - Vendor overview
      • Table Plano Synergy Holding Inc. - Product segments
      • Table Plano Synergy Holding Inc. - Organizational developments
      • Table Plano Synergy Holding Inc. - Key offerings
    • Pure Fishing Inc.
      • Table Pure Fishing Inc. - Vendor overview
      • Table Pure Fishing Inc. - Product segments
      • Table Pure Fishing Inc. - Key offerings
    • Rapala VMC Corp.
      • Table Rapala VMC Corp. - Vendor overview
      • Table Rapala VMC Corp. - Business segments
      • Table Rapala VMC Corp. - Organizational developments
      • Table Rapala VMC Corp. - Geographic focus
      • Table Rapala VMC Corp. - Segment focus
      • Table Rapala VMC Corp. - Key offerings
    • Shimano Inc.
      • Table Shimano Inc. - Vendor overview
      • Table Shimano Inc. - Business segments
      • Table Shimano Inc. - Organizational developments
      • Table Shimano Inc. - Geographic focus
      • Table Shimano Inc. - Segment focus
      • Table Shimano Inc. - Key offerings
    • Tica Fishing Tackle
      • Table Tica Fishing Tackle - Vendor overview
      • Table Tica Fishing Tackle - Product segments
      • Table Tica Fishing Tackle - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
    • Definition of market positioning of vendors
      • Table Definition of market positioning of vendors
  • Explore Technavio

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