Global Sports Fishing Equipment Strategic Business Report 2023: Steady Proliferation of Connected Electronic Fishing Devices Drives Healthy Market Growth

DUBLIN, June 21, 2023 /PRNewswire/ — The “Sports Fishing Equipment: Global Strategic Business Report” report has been added to’s offering.


The global market for Sports Fishing Equipment estimated at US$13.2 Billion in the year 2022, is projected to reach a revised size of US$18.2 Billion by 2030, growing at a CAGR of 4.1% over the analysis period 2022-2030.

Rods, Reels, & Poles, one of the segments analyzed in the report, is projected to record a 3.7% CAGR and reach US$7.4 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Lures, Flies, & Baits segment is readjusted to a revised 5.5% CAGR for the next 8-year period.

The U.S. Market is Estimated at $4.6 Billion, While China is Forecast to Grow at 6.7% CAGR

The Sports Fishing Equipment market in the U.S. is estimated at US$4.6 Billion in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$2.4 Billion by the year 2030 trailing a CAGR of 6.7% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.2% and 2.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4% CAGR.

Select Competitors (Total 159 Featured) –

  • 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 and Tackle Corp.
  • O. Mustad & Son A.S.
  • Okuma Fishing Tackle Corporation
  • Plano Synergy Holdings, Inc.
  • PRADCO Outdoor Brands, Inc.
  • Pure Fishing, Inc.
  • Rapala VMC Corporation
  • Rome Specialty Company, Inc.
  • Sea Master Enterprise Co., Ltd.
  • Shimano, Inc.
  • St. Croix of Park Falls, Ltd.
  • Taylor Fly Fishing
  • TICA Fishing Tackle
  • Zebco Holdings, Inc.

Key Topics Covered:




  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • Opportunity in Disguise for Sports Equipment Providers amid COVID-19
  • Global Sports Equipment Market Size (in US$ Billion) for 2019, 2022 and 2025
  • COVID-19 Impact on Fishing Equipment Market
  • COVID-19 Pandemic Results in Scarcity of Fishing Equipment
  • An Overview of Sports Fishing Equipment
  • Types of Sports Fishing Equipment
  • Fishing Techniques
  • 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 Sports Fishing Equipment Market: Overview and Outlook
  • Major Technological Advances to Drive Growth
  • Developed Countries Traditional Revenue Contributors, while Developing Countries Spearhead Market Growth
  • World Sports Fishing Equipment Market (2020 & 2027): Percentage Breakdown of Sales for Developed and Developing Regions
  • World Sports Fishing Equipment Market – Geographic Regions Ranked by Value CAGR for 2020-2027: China, Asia-Pacific, Rest of World, Europe, USA, Canada, and Japan
  • Lures, Flies, & Baits: The Fastest Growing Segment
  • World Sports Fishing Equipment Market by Segment (2020 & 2027): Percentage Breakdown of Sales for Rods, Reels, & Poles; Lures, Flies, & Baits; Fishing Lines; Fishing Hooks; and Other Product Segments
  • Future Developments in Fishing Rods to Drive Segmental Growth
  • Competitive Landscape: A Highly Fragmented Marketplace
  • Shimano: A Dominant Force in the Fishing Gear Market
  • Floating Minnow from Rapala: The Story of Invention to Commercialization
  • Competition: Noteworthy Trends
  • Recent Market Activity
  • Sports Fishing Equipment – Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)



  • Steady Proliferation of Connected Electronic Fishing Devices Drive Healthy Market Growth
  • Select Innovative Electronic Sports Fishing-Related Products
  • Fish Finders: Helpful Tools for Elevating Fishing Experience
  • Fishing Cameras for Easy Underwater Viewing Using Tablets or Smartphones
  • Bobbers with Integrated Intel Chip & Wireless Connectivity
  • Notable Advanced Electronic Fishing Lures
  • AngLR Tracker for Fishing Rod
  • FishSentry Connected Fishing Rods
  • PowerRay Underwater Robot
  • FLIR Ocean Scout TK Night-Vision Camera
  • Humminbird HELIX 10
  • Individuals Account for Bigger Share
  • Sports Organizers Drive Demand
  • World Sports Fishing Equipment Market – End-Use Sectors Ranked by Value CAGR for 2020-2027: Individuals, Sports Organizers, and Clubs
  • Fishing Clubs Elevate Participation Levels
  • Passion for Outdoors and the Drive to Preserve Nature Steer Demand from the Millennials Population
  • Global Millennial Population Facts & Figures: Important Opportunity Indicators
  • Global Millennials Population by Region (2018): Percentage Breakdown of Number of Millennials for North America, Europe, China & Japan, Latin America and Rest of World
  • Millennial Population as a Percentage (%) of Total Population in Developing Countries: 2018
  • Disruptive Technologies that Transformed the Sports Fishing Boats over the Years
  • Focus on Developing Fishing Infrastructure Strengthens Market Prospects
  • Surging Popularity of Kayak Fishing Benefits Market Expansion
  • Consumer Affluence Influences Sports Fishing Equipment Sales
  • Global Middle Class Population (in Millions) and as a Percentage of Total Population: 2005, 2015, 2025 & 2035
  • Global Middle Class Spending (in US$ Trillion) by Geographic Region (2017, 2025 & 2030)
  • Surging Interest in Fishing among Women Opens Up Growth Avenues
  • Ice Fishing Gear: Equipment to Make Most of Ice Fishing Mission
  • Innovations & Advancements
  • 3D Printing Streamlines Fishing Equipment Manufacturing
  • Advancements in Fly Fishing Reels
  • Tippet Innovations Bolster Stealthiness in Fly Fishing
  • Lures Mimic Sounds of Fish
  • Lures with Characteristic Wobbling Action
  • Airbomb: A Revolutionary Mid-Air Baiting Device
  • Shimano’s First-of-its-Kind Fishing Reels
  • Innovative Fishing Accessories
  • Other Innovative Fishing Rods, Lures and Reels
  • Fishing Baits
  • Fishing Reels
  • Select Innovative Sports Fishing Reels
  • Fishing Rods
  • Select Innovative Sports Fishing Rods
  • Fishing Tackle and Gear




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