South Korea Catfish Rods Market was valued at USD 0.1 Billion in 2022 and is projected to reach USD 0.15 Billion by 2030, growing at a CAGR of 6.3% from 2024 to 2030.
The South Korea Catfish Rods Market is witnessing substantial growth, driven by increasing demand from both recreational anglers and the growing commercial fishing industry. The market caters to a diverse range of needs, with different types of rods required for various fishing conditions. Catfish rods, known for their durability and flexibility, are tailored specifically for catching large fish species such as catfish. This growing interest in catfish fishing has created an expansive demand for specialized equipment.
One of the major types of catfish rods in South Korea includes traditional rod models, which are known for their strength and endurance. These rods are ideal for anglers who engage in long, rigorous fishing sessions. Another popular category is the telescopic catfish rods, favored for their portability and compactness. These rods are perfect for fishermen who prefer traveling to different fishing spots and need a rod that is easy to store and carry.
The South Korea Catfish Rods Market is also influenced by advancements in rod technology. Modern rods come equipped with features such as carbon fiber materials, offering greater sensitivity and increased strength. The growing preference for high-tech fishing equipment has pushed manufacturers to innovate, leading to the introduction of rods that offer both comfort and performance under harsh conditions.
Industries are also heavily influencing the market, particularly commercial and sports fishing sectors, which require heavy-duty rods for their operations. As the demand for high-quality catfish rods rises, manufacturers are catering to the specific needs of these industries by offering rods designed for different water conditions, ensuring that the fishing experience is both efficient and rewarding. Furthermore, the increasing number of fishing tournaments and sporting events in South Korea has led to a heightened demand for competitive-grade rods.
The South Korea Catfish Rods Market continues to evolve, with a growing emphasis on improving rod materials and enhancing performance. As industries demand more advanced fishing gear, the market is expected to expand, attracting both local and international manufacturers to meet the evolving needs of anglers and commercial fishers alike.
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Zebco
Shakespeare-Fishing
Ardent Tackle LLC
Ready 2 fish
Abu Garcia
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 South Korea Catfish Rods Market
Spinning Rods
Baitcasting Rods
Telescopic Rods
Surf Rods
Fly Rods
Fiberglass
Graphite
Composite Materials
Carbon Fiber
Aluminum
Under 6 Feet
6 to 8 Feet
8 to 10 Feet
Over 10 Feet
Beginner Anglers
Intermediate Anglers
Professional Anglers
Kids and Youth
Budget-Friendly (<$50)
Mid-Range ($50 - $150)
Premium ($150 - $300)
Luxury (>$300)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea Catfish 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. South Korea Catfish Rods Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Catfish Rods Market, By Type
6. South Korea Catfish Rods Market, By Application
7. South Korea Catfish Rods Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Catfish Rods Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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