United States Fishing Rods Market was valued at USD 1.5 Billion in 2022 and is projected to reach USD 2.1 Billion by 2030, growing at a CAGR of 4.3% from 2024 to 2030.
The US fishing rods market is experiencing a surge in demand as both recreational and professional fishing enthusiasts continue to seek high-quality equipment tailored to specific fishing needs. Fishing rods come in various types and specifications, each designed for different fishing environments, whether it's saltwater, freshwater, or fly fishing. As the fishing industry grows, the types of fishing rods needed are becoming more specialized, with advancements in materials and design to cater to diverse requirements. The market is driven by various factors, including innovations in rod construction, the growth of outdoor activities, and the rise of eco-conscious fishing practices.
One of the major types of fishing rods in demand today is the spinning rod. These rods are popular due to their ease of use and versatility in catching a variety of fish. Spinning rods are typically lightweight and allow anglers to cast with accuracy, which is why they are favored by beginners and seasoned fishermen alike. Another growing segment is the fly rod market, which has been expanding due to the increasing popularity of fly fishing as a sport. Fly rods are specially designed for casting lightweight flies and require more skill to handle, attracting a niche group of anglers focused on technique.
The industry's requirement for fishing rods is highly dependent on the growing trend of sustainable and eco-friendly fishing practices. Manufacturers are increasingly incorporating materials like carbon fiber and bamboo, which offer durability and sustainability. This trend aligns with the industry's overall movement towards environmentally conscious products, which are being pushed by consumer demand. Moreover, technological advancements in rod design, such as increased sensitivity, have become a major factor driving the demand for higher-quality rods, allowing fishermen to detect subtle movements in the water.
The US fishing rod market is also influenced by emerging trends like smart rods, which feature sensors to track fishing conditions. These innovations highlight the shift towards integrating technology in outdoor sports, further diversifying the types of fishing rods that cater to industry needs. Professional fishermen, including those in the commercial fishing industry, also require rods that can handle larger fish and endure the harsh conditions of saltwater environments. These rods are typically made from corrosion-resistant materials, making them a crucial part of the fishing ecosystem.
As demand for fishing rods continues to increase, the need for specialized products such as those used for fly fishing, saltwater fishing, and freshwater fishing grows as well. Whether it's for recreational or industrial purposes, fishing rods must be tailored to meet specific needs. The US fishing rod market is expected to continue expanding as more industries adopt these products, with manufacturers innovating to meet new challenges and trends.
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Newell (Jarden Corporation)
Globeride(Daiwa)
Shimano
Rapala VMC Corporation
Weihai Guangwei Group
Dongmi Fishing
RYOBI
Pokee Fishing
Cabela's Inc
Eagle Claw
Newell (Jarden Corporation)
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 US Fishing Rods Market
Spinning Rods
Baitcasting Rods
Fly Rods
Telescopic Rods
Surf Rods
Ice Fishing Rods
Graphite
Fiberglass
Composite Materials
Aluminum
Wood
Under 6 Feet
6 - 7 Feet
7 - 8 Feet
Over 8 Feet
Fast Action
Medium Action
Slow Action
Shimano
Abu Garcia
Daiwa
Penn
Okuma
Fenwick
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 US Fishing Rods 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. US Fishing Rods Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Fishing Rods Market, By Type
6. US Fishing Rods Market, By Application
7. US Fishing Rods Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Fishing Rods Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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