Japan Fishing Tackle Market was valued at USD 1.3 Billion in 2022 and is projected to reach USD 1.7 Billion by 2030, growing at a CAGR of 4.2% from 2024 to 2030.
The Japan fishing tackle market plays a pivotal role in the global fishing industry. As a country with a rich fishing heritage and a significant focus on sustainable marine resources, Japan's fishing tackle industry is experiencing a continuous evolution. The demand for fishing gear is not only influenced by recreational anglers but also by various industries that rely on these tools for professional purposes. Key industries in Japan, such as tourism, commercial fishing, and sports fishing, fuel the growth of this market. Understanding the types of fishing tackles required and the shifting market needs is crucial for stakeholders involved in manufacturing and distribution.
In Japan, the fishing tackle market is characterized by a variety of products designed for different fishing activities. From rods and reels to hooks and lures, the market offers specialized tools for both freshwater and saltwater fishing. The demand for high-quality, durable, and innovative fishing tackle is particularly high among commercial fishing operations, where reliability and efficiency are crucial for long-term operations. For recreational fishermen, product variety and technological enhancements like smart fishing reels and automated line management systems are gaining prominence.
One of the key factors influencing the demand for fishing tackle in Japan is the increasing awareness of environmental sustainability. As eco-consciousness rises among the public, there is an emphasis on using non-toxic materials in tackle manufacturing. Additionally, fishing tackle that supports the growing trend of catch-and-release practices is becoming more popular. This shift in consumer behavior is driven by industries such as eco-tourism and sustainable seafood production, which rely on sustainable fishing practices to promote conservation efforts.
Furthermore, the Japan fishing tackle market is not just about local demand. As the demand for high-performance fishing tackle continues to grow globally, Japan’s export potential remains substantial. Manufacturers must keep up with technological trends and innovations such as electric reels, advanced sonar technology, and specialized baits that cater to both recreational and commercial markets.
The growing overlap between traditional practices and technological advancements is reshaping the landscape of Japan's fishing tackle industry. These developments are not only catering to professional fishermen but are also aligning with the needs of enthusiasts and industries involved in eco-tourism, recreational fishing, and commercial seafood production.
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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. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. 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 Japan 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
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the Japan 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. Japan Fishing Tackle Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Japan Fishing Tackle Market, By Type
6. Japan Fishing Tackle Market, By Application
7. Japan Fishing Tackle Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. Japan Fishing Tackle Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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