Saltwater Fishing Gear and Tackle Market size was valued at USD 3.2 Billion in 2024 and is forecasted to grow at a CAGR of 4.2% from 2026 to 2033, reaching USD 4.5 Billion by 2033.
The global Saltwater Fishing Gear and Tackle market was valued at approximately USD 10.7 billion in 2022 and is projected to reach USD 14.5 billion by 2030, growing at a compound annual growth rate (CAGR) of 4.1% from 2022 to 2030. The market growth is driven by the increasing popularity of saltwater fishing as a recreational activity, along with rising disposable incomes and advancements in fishing technology. The North American region accounted for the largest share of the market in 2022, contributing around 40% to the total revenue, primarily due to the large number of recreational anglers and high fishing gear sales in the U.S. and Canada. Europe is also a significant market, holding about 25% of the global share, supported by growing demand for saltwater fishing equipment across coastal countries like the UK and Spain.
Asia Pacific is expected to witness the highest growth during the forecast period, with a CAGR of 5.2%, fueled by the rising popularity of fishing in countries such as Japan, Australia, and China. The regional growth is also attributed to the increasing adoption of saltwater fishing as a leisure activity and improvements in fishing gear technology. Latin America and the Middle East are emerging markets for saltwater fishing gear, collectively accounting for around 15% of the global market share in 2022. The demand in these regions is driven by the growing interest in fishing as a sport and tourism, creating ample opportunities for market expansion. The market is expected to see a rise in demand for premium and specialized fishing equipment, especially in emerging regions.
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Gerber
Musta
AFW
VMC
Calcutta
PENN
Shimano
Daiwa
Okuma
St-Croix
Black Hole
Temple Reef
Garmin
Berkley
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 Saltwater Fishing Gear and Tackle Market
Rods
Reels
Fishing Lines
Baits and Lures
Professional Anglers
Amateur Anglers
Commercial Fishing Companies
Fishing Charters and Guides
Online Sales
Offline Sales
Saltwater Fishing
Brackish Water Fishing
Angling
Spearfishing
Trolling
Kayak Fishing
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 Saltwater Fishing Gear and 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 Saltwater Fishing Gear and Tackle Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Saltwater Fishing Gear and Tackle Market, By Type
6. Global Saltwater Fishing Gear and Tackle Market, By Application
7. Global Saltwater Fishing Gear and Tackle Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Saltwater Fishing Gear and Tackle Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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