The "Sports Fishing Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering.

The global sports fishing equipment market grew at a CAGR of around 4% during 2014-2019. Looking forward, the publisher expects the global sports fishing equipment to continue its moderate growth during the next five years.

Sports fishing equipment refers to products, such as fishing rods, fishhooks, lines, baits, lures and sinkers that are used for recreational fishing and competitions. These tools are used for fishing without gear, grappling, stunning, line fishing, trapping, fishing with bag nets, trawling seining and gillnetting. The fishing lines are attached with natural or artificial bait to lure, hold and catch the fish. These lines are connected with reels for casting, spinning and fly fishing, which aid in hunting large-sized fishes and shellfishes. Various handheld tools, such as spears and harpoons, are also used that can be thrown with a thrust to wound and catch the fish.

Significant growth in the fishing industry represents one of the primary drivers of the market for sports fishing equipment. Along with this, increasing participation in water-based sports activities and a rising number of fishing associations and recreational fishing clubs are also contributing to the market growth. Sports fishermen and anglers are investing in high-quality fishing equipment that can be used in both freshwater and saltwater.

Additionally, aggressive promotional activities by manufacturers, along with the development of the online retailing market that provides a hassle-free shopping experience while displaying a wide range of options to choose from to the consumers, are acting as other growth-inducing factors. Manufacturers are developing innovative product variants that are connected with sensors to locate and track fishing hotspots through a smartphone application. Other factors, including increasing consumer preference for outdoor recreational activities, owing to the growing millennial population and rapid urbanization, are projected to drive the market further.

Companies Mentioned

• AFTCO Mfg. Co. Inc.
• Gamakatsu
• Globeride Inc.
• Newell Brands
• O. Mustad & Son
• Okuma Fishing Tackle Corp.
• Rapala VMC Corporation (Sofina)
• Shimano Inc.

Key Questions Answered in This Report:

• How has the global sports fishing equipment market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the global sports fishing equipment market?
• What are the key regional markets?
• What is the breakup of the market based on the product type?
• What is the breakup of the market based on the application?
• What is the breakup of the market based on the end user?
• What is the breakup of the market based on the distribution channel?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the industry?
• What is the structure of the global sports fishing equipment market and who are the key players?
• What is the degree of competition in the industry?

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction

4.1 Overview

4.2 Key Industry Trends

5 Global Sports Fishing Equipment Market

5.1 Market Overview

5.2 Market Performance

5.3 Impact of COVID-19

5.4 Market Forecast

6 Market Breakup by Product Type

6.1 Fishing Rods

6.1.1 Market Trends

6.1.2 Market Forecast

6.2 Fishing Reels

6.2.1 Market Trends

6.2.2 Market Forecast

6.3 Fishing Hooks

6.3.1 Market Trends

6.3.2 Market Forecast

6.4 Fishing Lures

6.4.1 Market Trends

6.4.2 Market Forecast

6.5 Fishing Lines

6.5.1 Market Trends

6.5.2 Market Forecast

6.6 Fishing Rigs

6.6.1 Market Trends

6.6.2 Market Forecast

6.7 Fishing Jig Heads

6.7.1 Market Trends

6.7.2 Market Forecast

6.8 Others

6.8.1 Market Trends

6.8.2 Market Forecast

7 Market Breakup by Application

7.1 Freshwater Fishing

7.1.1 Market Trends

7.1.2 Market Forecast

7.2 Saltwater Fishing

7.2.1 Market Trends

7.2.2 Market Forecast

8 Market Breakup by End User

8.1 Individual Consumer

8.1.1 Market Trends

8.1.2 Market Forecast

8.2 Clubs

8.2.1 Market Trends

8.2.2 Market Forecast

8.3 Sports Organizers

8.3.1 Market Trends

8.3.2 Market Forecast

9 Market Breakup by Distribution Channel

9.1 Specialty and Sports Stores

9.1.1 Market Trends

9.1.2 Market Forecast

9.2 Departmental and Discount Stores

9.2.1 Market Trends

9.2.2 Market Forecast

9.3 Online Stores

9.3.1 Market Trends

9.3.2 Market Forecast

9.4 Others

9.4.1 Market Trends

9.4.2 Market Forecast

10 Market Breakup by Region

10.1 North America

10.2 Asia Pacific

10.3 Europe

10.4 Latin America

10.5 Middle East and Africa

11 SWOT Analysis

12 Value Chain Analysis

13 Porters Five Forces Analysis

14 Price Analysis

15 Competitive Landscape

15.1 Market Structure

15.2 Key Players

15.3 Profiles of Key Players

For more information about this report visit https://www.researchandmarkets.com/r/6qt5rj

View source version on businesswire.com: https://www.businesswire.com/news/home/20200922005690/en/