Europe Fishing Equipment Market By Segmentation and Key Trends

Europe Fishing Equipment Market Research: Key Growth Drivers, Challenges, and Industry Insights by 2032 –  Business Strategies & Dominant Players Newell (Jarden Corporation), Globeride(Daiwa), Shimano, Rapala VMC Corporation

Fishing Equipment Market Analysis (2025-2032)

Executive Summary

The global fishing equipment market is projected to grow from $14.5 billion in 2022 to $23 billion by 2032, registering a Compound Annual Growth Rate (CAGR) of 4.8% during the forecast period.

This growth is driven by the rising popularity of recreational fishing, technological advancements in fishing gear, and the expansion of e-commerce platforms facilitating easier access to a variety of fishing products.

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Market Overview

Fishing equipment encompasses a wide range of tools and accessories used in the act of fishing, including rods, reels, lines, hooks, lures, nets, and specialized apparel. The market is segmented based on type, nature of fishing, distribution channel, and geography.

Market Segmentation

1. By Type:

   • Hooks: Held the largest market share in 2022, accounting for more than one-fifth of the global market. The availability of various shapes, sizes, and materials caters to different fishing techniques and target species.
      

   • Lines

   • Sinkers and Floats

   • Rods

   • Reels

   • Nets and Traps

   • Spears and Gaffs

   • Others

2. By Nature:

   • Freshwater: Dominated the market in 2022, generating more than three-fifths of the global revenue. The abundance of freshwater bodies and the popularity of freshwater fishing contribute to this segment's prominence.
      

   • Saltwater

   • Fly Fishing

3. By Distribution Channel:

   • Offline: Accounted for more than four-fifths of the market revenue in 2022. Physical stores remain a primary choice for consumers seeking personalized advice and immediate product availability.
      

   • Online: Growing due to increased internet penetration and the convenience of home delivery.

Regional Analysis

• North America: Held the highest market share in 2022, driven by a strong culture of recreational fishing and high disposable incomes.
   

• Europe: Experiencing growth due to rising interest in fishing as a leisure activity.

• Asia-Pacific: Expected to be the fastest-growing region, propelled by rapid urbanization, increasing youth population, and rising per capita income.

Market Drivers

• Rise in Sports Fishing: The increasing popularity of fishing as a recreational activity boosts the demand for specialized equipment.

• Technological Innovations: Advancements such as smart fishing rods and drones equipped with sonar are attracting a younger demographic.

• E-commerce Expansion: Online platforms offer a wide range of products, competitive pricing, and convenience, thereby broadening the consumer base.

Challenges

• Environmental Concerns: The impact of fishing equipment on aquatic ecosystems and actions by organizations against hunting pose challenges.

• Regulatory Restrictions: Stringent fishing regulations in certain regions may limit market growth.

Opportunities

• Youth Engagement: Developing equipment tailored for children can foster early interest in fishing.

• Sustainable Products: Growing environmental awareness creates a market for eco-friendly fishing gear.

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Competitive Landscape

Key players in the market include GLOBERIDE, Inc., Pure Fishing, Inc., Johnson Outdoors Inc., and others. These companies focus on product innovation, strategic partnerships, and expanding distribution networks to maintain competitiveness.