Fishing Tackle Market size is estimated to be USD 16.5 Billion in 2024 and is expected to reach USD 22.5 Billion by 2033 at a CAGR of 4% from 2026 to 2033.
The global fishing tackle market was valued at approximately USD 18.2 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 4.3% during the forecast period. The growth is driven by increasing recreational fishing activities, rising interest in outdoor sports, and supportive government initiatives promoting sustainable fishing practices. In 2022, North America held the largest regional share, contributing over USD 6.5 billion to the global market, fueled by a strong base of sport fishing enthusiasts and well established infrastructure. Europe followed closely, generating around USD 5.1 billion in revenue, with countries like Germany, France, and the United Kingdom showing consistent demand due to growing leisure fishing tourism. The Asia Pacific region accounted for over USD 4.3 billion, driven by coastal economies such as China, Japan, and South Korea, where traditional fishing culture and increasing disposable incomes support robust market expansion.
Opportunities in the fishing tackle market lie in the development of advanced and eco friendly gear, including biodegradable lures and lightweight, high strength rods made from carbon fiber. Regions such as Latin America and the Middle East & Africa are expected to witness a surge in demand due to rising participation in angling as a hobby, coupled with improvements in fishing infrastructure and tourism. Southeast Asia, in particular, shows potential for rapid growth, supported by rich aquatic biodiversity and supportive policies for recreational fisheries. Digital marketing trends and the expansion of e commerce platforms further present opportunities to reach a broader customer base, especially in emerging economies where traditional retail access is limited. The demand for customizable and smart tackle gear integrated with sensors and tracking capabilities is also creating a niche segment within the global market landscape.
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Newell (Jarden Corporation)
Globeride(Daiwa)
Shimano
Rapala VMC Corporation
Weihai Guangwei Group
Dongmi Fishing
RYOBI
Pokee Fishing
Cabelas Inc Eagle Claw
Newell (Jarden Corporation)
St. Croix Rods
Gamakatsu
Tica Fishing
DUEL(YO-ZURI)
Tiemco
Preston Innovations
Beilun Haibo
AFTCO Mfg
O. Mustad & Son
Okuma Fishing
Barfilon Fishing
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Fishing Tackle Market
Rods
Reels
Lines
Baits and Lures
Terminal Tackle
Freshwater Fishing
Saltwater Fishing
Ice Fishing
Fly Fishing
Deep-sea Fishing
Online Retail
Specialty Stores
Sporting Goods Stores
Wholesale Distributors
Direct Sales
Professional Anglers
Amateur Fishers
Fishing Clubs and Organizations
Tourism and Fishing Charters
Recreational User Groups
Low-end Equipment
Mid-range Equipment
High-end Equipment
Luxury Equipment
Discounted Products
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Fishing Tackle Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Fishing Tackle Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Fishing Tackle Market, By Type
6. Global Fishing Tackle Market, By Application
7. Global Fishing Tackle Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Fishing Tackle Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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