Saltwater Fishing Gear and Tackle Market was valued at USD 3.5 Billion in 2022 and is projected to reach USD 5.2 Billion by 2030, growing at a CAGR of 6.5% from 2024 to 2030.
The global saltwater fishing gear and tackle market was valued at approximately USD 8.5 billion in 2022 and is projected to expand at a compound annual growth rate (CAGR) of 5.2% from 2023 to 2028. This growth is driven by increasing interest in recreational fishing, advancements in fishing technology, and rising disposable incomes. The market encompasses a wide range of products including rods, reels, lines, baits, and other accessories designed for saltwater environments. As consumers seek higher quality and more durable equipment, there is a notable shift towards premium and technologically advanced products.
Emerging markets, particularly in regions such as Asia-Pacific and Latin America, are presenting significant growth opportunities due to rising participation in fishing activities and increased investments in recreational infrastructure. The expansion of e-commerce platforms is also contributing to market growth by providing broader access to diverse product offerings. Additionally, the rising trend of fishing tourism and community-driven fishing events is further propelling market dynamics. These factors collectively highlight a favorable outlook for the saltwater fishing gear and tackle market, with ample opportunities for stakeholders to capitalize on the growing consumer base and evolving market demands.
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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. 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 Global Saltwater Fishing Gear and Tackle Market
Beginner
Professional
Others
Based on Types the Market is categorized into Below types that held the largest Saltwater Fishing Gear and Tackle market share In 2023.
Fishing Tackle
Fishing Gear
Global (United States, Global 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
Global
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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