Fishing Gear Market size was valued at USD 38.54 Billion in 2024 and is forecasted to grow at a CAGR of 4.7% from 2026 to 2033, reaching USD 55.75 Billion by 2033.
What makes Canada a potential hotspot for fishing gear growth?
Canada boasts over 2 million lakes and vast coastal areas, fostering both recreational and commercial fishing sectors. The market benefits from a rising local and Indigenous fishing community, contributing to gear diversity and need.
How do seasonal variations impact gear sales?
Ice fishing in winter and freshwater fishing in summer lead to high seasonal variation in gear types sold. Approximately 44% of Canadian anglers invest in gear seasonally, driving cyclical spikes in revenue.
What role does government support play?
Federal investments in Indigenous and coastal fisheries through modernization grants drive the adoption of advanced and region-specific fishing gear technology.
Key Insights:
• Over 3.2 million Canadians participated in fishing activities in 2023.
• Ice fishing gear market alone shows a growth rate of 5.7% CAGR in the last 5 years.
Get an In-Depth Research Analysis of the Canada Fishing Gear Market Size And Forecast [2026-2033]
Newell (Jarden Corporation)
Globeride(Daiwa)
Shimano
Rapala VMC Corporation
Weihai Guangwei Group
Dongmi Fishing
RYOBI
Pokee Fishing
Cabela's Inc
Eagle Claw
Humminbird
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 2033, 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 2026 to 2033. 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.
Growing demand for below applications around the world has had a direct impact on the growth of the Canada Fishing Gear Market
Fishing Rods
Fishing Reels
Fishing Hooks
Fishing Lines
Fishing Lures
Fishing Bait
Fishing Nets
Fish Finders
Fishing Tackle Boxes
Other Fishing Gear
Recreational Fishermen
Professional Fishermen
Commercial Fishermen
Sport Fishermen
Online Retailers
Specialty Stores
Supermarkets/Hypermarkets
Direct Sales
Third-Party Retailers
Graphite
Fiberglass
Carbon Fiber
Aluminum
Stainless Steel
Plastic
Freshwater Fishing
Saltwater Fishing
Fly Fishing
Ice Fishing
Deep-sea Fishing
Get Discount On The Purchase of the Canada Fishing Gear Market Size And Forecast [2026-2033]
☛ The comprehensive section of the Canada Fishing Gear report is devoted to market dynamics, including influencing factors, market drivers, challenges, opportunities, and trends.
☛ Another important part of the study is reserved for the regional analysis of the Canada Fishing Gear, which evaluates key regions and countries in terms of growth potential, consumption, market share, and other pertinent factors that point to their market growth.
☛ Players can use the competitor analysis in the report to create new strategies or refine existing ones to meet market challenges and increase Fishing Gear Canada market share.
☛ The report also examines the competitive situation and trends, throwing light on business expansion and ongoing mergers and acquisitions in the Canada Fishing Gear. It also shows the degree of market concentration and the market shares of the top 3 and top 5 players.
☛ The readers are provided with the study results and conclusions contained in the Fishing Gear Canada Market Report.
The future scope of the Fishing Gear looks promising, with a projected CAGR of xx.x% from 2026 to 2033. Increasing consumer demand, technological advancements, and expanding applications will drive market growth. The sales ratio is anticipated to shift towards emerging markets, fueled by rising disposable incomes and urbanization. Additionally, sustainability trends and regulatory support will further boost demand, making the market a key focus for investors and industry players in the coming years.
1. Toronto, Ontario
Canada’s financial capital and largest city.
Home to the Toronto Stock Exchange (TSX).
Leading in banking, fintech, real estate, AI, and professional services.
Major hub for technology and innovation startups.
Headquarters for many multinational companies.
2. Vancouver, British Columbia
Known for leadership in clean tech, film, gaming, and natural resources.
Major port city supporting international trade (especially with Asia-Pacific).
Strong real estate market and high-tech cluster growth.
Active in green energy and sustainable urban development.
3. Montreal, Quebec
A hub for aerospace, AI, video gaming, and pharmaceuticals.
Significant R&D activity due to world-class universities (e.g., McGill).
Strong cultural and creative economy.
Bilingual talent pool supports global market integration.
4. Calgary, Alberta
Historically driven by oil and gas; now diversifying into clean energy and tech.
Home to major engineering and energy firms.
Increasing investments in AI, robotics, and fintech.
5. Ottawa, Ontario
Canada's political capital and a key tech center (especially telecom).
Hosts many federal agencies and global R&D centers.
Strong in software, cybersecurity, and SaaS startups.
Highly educated workforce from universities like Carleton and uOttawa.
6. Edmonton, Alberta
Second-largest city in Alberta with strength in energy, biotech, and manufacturing.
Strong AI research presence via University of Alberta.
Emerging as a logistics and warehousing hub.
For More Information or Query, Visit @ Fishing Gear Market Research Analysis
📈 Market Highlights
🔮 Key Trends & Forecasts
🎯 Strategic Recommendations
📌 Report Scope and Objectives
🔍 Research Methodology
⚠️ Assumptions & Limitations
📊 Data Sources
📖 Definition and Segmentation of the Hair Color Industry
🔗 Value Chain & Industry Ecosystem
🕰️ Historical Market Trends
🙋 Demand-Side Drivers (Consumer Trends, Application Growth)
🏗️ Supply-Side Drivers (Technological Advancements, Infrastructure Expansion)
🧾 Regulatory & Policy Support
💹 Macroeconomic Factors (Urbanization, Demographics, Income Growth)
💼 Economic Impact and Industry Role
👷 Contribution to Employment, Trade, and Innovation
🔄 Interdependency with Other Sectors
🌱 Strategic Geopolitical & Environmental Importance
🌟 High-Growth Regions and Market Niches
🧪 Technological Innovations and Startups
🛠️ Services, Aftermarket, and Ancillary Markets
🤝 Public-Private Partnerships and Infrastructure Projects
🤖 Technological Disruptions (AI, IoT, Automation, etc.)
🌿 Shift Toward Sustainability & Green Materials
💻 Digital Transformation & Smart Solutions
📦 Business Model Innovations (Subscription, D2C, etc.)
🛑 Regulatory Hurdles and Compliance Issues
⛓️ Supply Chain Volatility
🧠 Talent & Skills Gap
💸 Capital Intensity and ROI Concerns
🇺🇸 North America
🇪🇺 Europe
🌏 Asia-Pacific
🌎 Latin America
🌍 Middle East & Africa
📊 Market Share Analysis
🏆 Company Profiles of Leading Players
🤝 Strategic Initiatives: M&A, JV, Partnerships, R&D
📐 Competitive Benchmarking and SWOT Analysis
⚙️ Efficiency Gains and Predictive Capabilities
🛠️ Impact on Operations, Maintenance, and Customer Experience
🗺️ Technology Adoption Roadmap
♻️ Eco-friendly Materials and Circular Economy Practices
🔋 Energy Efficiency & Waste Reduction
📄 ESG Compliance & Reporting Trends
🌍 Canada and Regional Market Size Projections
📈 Segment-wise Growth Rates (CAGR)
📉 Innovation and Adoption Curves
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