Us Fishing Rods and Reels Market Size By Applications, By Type, By End-User, By Deployment & By Technology 2032
Fishing Rods and Reels Market was valued at USD 3.95 Billion in 2022 and is projected to reach USD 5.12 Billion by 2030, growing at a CAGR of 3.6% from 2024 to 2030.
The U.S. fishing rods and reels market is experiencing significant growth, driven by the increasing popularity of recreational fishing across diverse demographics. In 2024, the U.S. fishing rods market generated a revenue of USD 225.8 million and is projected to reach USD 327.1 million by 2030, growing at a CAGR of 6.4% from 2025 to 2030. This surge reflects a broader trend, as the global fishing rods market is expected to expand from USD 1.25 billion in 2024 to USD 1.77 billion by 2030, at a CAGR of 6.0% during the same period.
Several factors contribute to this upward trajectory:
Diverse Product Offerings: The market caters to a wide range of anglers, from casual hobbyists to serious enthusiasts. In 2023, the mass fishing goods segment accounted for 65.5% of the market revenue, highlighting its broad appeal.
Technological Advancements: Modern fishing equipment incorporates advanced materials and features, such as UV-resistant fabrics and moisture-wicking technology in clothing, enhancing comfort and performance for anglers.
Retail Dynamics: Sporting goods retailers play a pivotal role, accounting for 55.4% of fishing goods sales in 2023. Consumers often prefer in-store experiences to assess equipment firsthand.
From personal experience, the evolution of fishing gear has been remarkable. I recall using basic rods during weekend trips, but today's equipment offers enhanced durability and functionality, making fishing more enjoyable and accessible.
In the reels segment, the global market was valued at USD 5.4 billion in 2023 and is projected to reach USD 7.99 billion by 2032, with a CAGR of 4.5%. Innovations, such as premium bass fishing rods combining state-of-the-art engineering and superior craftsmanship, are transforming the angling experience.
Additionally, the fishing equipment market, encompassing rods, reels, lines, lures, and more, was valued at USD 15.22 billion in 2024 and is expected to reach USD 20.97 billion by 2033, growing at a CAGR of 3.6%. This growth is indicative of the increasing interest in fishing as a recreational activity.
Interestingly, discussions on platforms like Reddit and Quora reveal a community of anglers sharing insights on the latest gear, techniques, and fishing spots. This exchange of information fosters a more informed and engaged angling community.
In summary, the U.S. fishing rods and reels market is poised for continued growth, driven by product innovation, technological advancements, and a passionate community of anglers. As the market evolves, it offers enhanced experiences for both novice and seasoned fishermen alike.
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Daiwa
Pure Fishing
Shimano
Dongmi Fishing
Weihai Guangwei Group
St. Croix Rods
Cabela's Inc.
RYOBI
Eagle Claw
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 Fishing Rods and Reels Market
Fishing Rods
Fishing Reels
Fishing Rods
Fishing Reels
Professional Anglers
Recreational Fishermen
Commercial Fisheries
Beginners
Online Retail
Offline Retail
Budget
Mid-range
Premium
Luxury
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 Fishing Rods and Reels 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 Fishing Rods and Reels Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Fishing Rods and Reels Market, By Type
6. Global Fishing Rods and Reels Market, By Application
7. Global Fishing Rods and Reels Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Fishing Rods and Reels Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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