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Fishing Equipment Market Outlook: Size, Share, Trends & Growth Analysis (2024-2029)

The market report presents a thorough analysis segmented by Type (Hooks, Lines, Sinkers and Floats, Rods, Reels, Nets and Traps, Spear and Gaffs, Others); by Distribution Channel (Online, Offline); by Geography (North America, South America, Asia Pacific, Europe, The Middle East, Africa).

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Outlook 

Global Fishing Equipment Market Size
Global Fishing Equipment Market Size 
  • The fishing equipment market is estimated to be at USD 16,725.69 Mn in 2025 and is anticipated to reach USD 20,652.77 Mn in 2030. 
  • The fishing equipment market is registering a CAGR of 4.31% during the forecast period 2025-2030. 
  • The global fishing equipment market is witnessing significant growth due to increasing recreational fishing activities, rising awareness about sustainable fishing practices, and the expansion of fishing as a commercial industry. 
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Ecosystem 

Global Fishing Equipment Market Share
Global Fishing Equipment Market Share 
  • The participants in the global fishing equipment industry are always developing their strategies to preserve a competitive advantage. 
  • These companies focus on innovation and high-quality products, investment, acquisitions, R&D, partnerships, and technological launches. 
  • Several important entities in the fishing equipment market include Pure Fishing, Inc.; Globeride, Inc.; Sea Master Enterprise Co., Ltd.; Johnson Outdoors Inc.; Rome Specialty Company, Inc; and others. 
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Findings 

Attributes Values 
Historical Period 2019-2023  
Base Year 2024 
Forecast Period 2025-2030   
Market Size (2025) USD 16,725.69 Mn 
Market Size (2030) USD 20,652.77 Mn 
Growth Rate 4.31% CAGR from 2025 to 2030 
Key Segments Type (Hooks, Lines, Sinkers and Floats, Rods, Reels, Nets and Traps, Spear and Gaffs, Others); Distribution Channel (Online, Offline); Geography (North America, South America, Asia Pacific, Europe, The Middle East, Africa) 
Key Vendors Pure Fishing, Inc.; Globeride, Inc.; Sea Master Enterprise Co., Ltd.; Johnson Outdoors Inc.; Rome Specialty Co., Inc. 
Key Countries The US; Canada; Mexico; Brazil; Argentina; Colombia; China; India; Japan; The UK; Germany; France; UAE; Saudi Arabia; Egypt; South Africa 
Largest Market North America 
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Trends  

  • Technological Advancements in Fishing Gear: Companies are increasingly adopting technology to enhance fishing gear, introducing features such as GPS-enabled fish finders, electric reels, and advanced fishing lines. In 2023, Garmin introduced the Striker Plus 4 with enhanced GPS and CHIRP sonar technology, providing improved fish detection and an intuitive user interface. 
  • Sustainable and Eco-Friendly Fishing Equipment: Growing environmental awareness has spurred the development of sustainable fishing gear, with brands innovating biodegradable fishing lines and lead-free sinkers to minimize ecological harm. These eco-friendly alternatives help reduce plastic waste in oceans and prevent toxic lead from contaminating marine habitats. 
  • Focus on Lightweight and Durable Equipment: The introduction of ultra-light fishing rods utilizing advanced materials, such as carbon fiber and high-modulus composites, offers anglers improved sensitivity and maneuverability. These innovative rods enhance the fishing experience by reducing fatigue during long sessions while maintaining strength and durability. 
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Catalysts 

  • Rising Demand for Recreational Fishing: The rising popularity of fishing as a leisure activity is fueled by higher disposable incomes and an increased awareness of its mental health benefits, such as stress relief. As more people seek outdoor experiences that promote relaxation, fishing has become a favored hobby, encouraging investments in recreational facilities and gear. 
  • Technological Innovations Boosting Product Sales: Technological innovations, such as the introduction of real-time sonar and GPS-integrated fish finders, are enhancing the fishing experience, thereby boosting sales. In 2023, Lowrance launched its latest ActiveTarget Live Sonar, allowing users to see high-resolution live imagery of fish and underwater structures, which has significantly increased consumer interest in high-tech fishing gear. 
  • Government Support for Fishing Tourism: Fishing tourism has been bolstered by government support in several countries. In 2023, countries like Norway and Canada initiated fishing tourism campaigns to attract more international visitors, leading to an increased demand for specialized fishing gear designed for sport and leisure fishing activities. 
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Restraints 

  • Environmental Regulations and Sustainability Compliance: Stringent environmental regulations are affecting the fishing equipment market, particularly for manufacturers relying on traditional materials like lead and non-recyclable plastics. In 2023, the US Environmental Protection Agency (EPA) announced stricter guidelines on lead usage in fishing products, pushing manufacturers to innovate with sustainable alternatives, which can raise production costs. 
  • High Costs of Premium Equipment: The cost of high-quality, technologically advanced fishing equipment poses a significant barrier for many consumers, limiting access to innovative gear that enhances the fishing experience. While these premium products offer superior performance and durability, their price point can deter casual anglers and those with limited budgets. 
  • Seasonal Variability: Fishing is often a seasonal activity, with higher sales during spring and summer, resulting in inconsistent revenue throughout the year, particularly in regions with harsh winters. This seasonality can strain businesses reliant on fishing gear and services, forcing them to find creative ways to sustain cash flow during off-peak months. 
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Hotspot 

Global Landscape of Fishing Equipment Market
Global Landscape of Fishing Equipment Market 
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Table of Contents 

1.       Introduction 
       1.1.    Research Methodology 
       1.2.    Scope of the Study 
2.       Market Overview / Executive Summary 
       2.1.    Global Fishing Equipment Market (2019 – 2023) 
       2.2.    Global Fishing Equipment Market (2024 – 2030) 
3.       Market Segmentation 
       3.1.    Global Fishing Equipment Market by Type 
              3.1.1.    Hooks 
              3.1.2.    Lines 
              3.1.3.    Sinkers and Floats 
              3.1.4.    Rods 
              3.1.5.    Reels 
              3.1.6.    Nets and Traps 
              3.1.7.    Spear and Gaffs 
              3.1.8.    Others 
       3.2.    Global Fishing Equipment Market by Distribution Channel 
              3.2.1.    Online 
              3.2.2.    Offline 
4.       Regional Segmentation 
       4.1.    North America 
              4.1.1.    The US 
              4.1.2.    Canada 
              4.1.3.    Mexico 
       4.2.    South America 
              4.2.1.    Brazil 
              4.2.2.    Argentina 
              4.2.3.    Colombia 
              4.2.4.    Rest of South America 
       4.3.    Asia Pacific 
              4.3.1.    China 
              4.3.2.    India 
              4.3.3.    Japan 
              4.3.4.    Rest of Asia Pacific 
       4.4.    Europe 
              4.4.1.    The UK  
              4.4.2.    Germany 
              4.4.3.    France 
              4.4.4.    Rest of Europe 
       4.5.    The Middle East 
              4.5.1.    UAE 
              4.5.2.    Saudi Arabia 
              4.5.3.    Rest of the Middle East 
       4.6.    Africa 
              4.6.1.    Egypt 
              4.6.2.    South Africa 
              4.6.3.    Rest of Africa 
5.       Value Chain Analysis of the Global Fishing Equipment Market 
6.       Porter Five Forces Analysis 
       6.1.    Threats of New Entrants 
       6.2.    Threats of Substitutes 
       6.3.    Bargaining Power of Buyers 
       6.4.    Bargaining Power of Suppliers 
       6.5.    Competition in the Industry 
7.       Trends, Drivers and Challenges Analysis 
       7.1.    Market Trends 
       7.1.1.    Market Trend 1 
       7.1.2.    Market Trend 2 
       7.1.3.    Market Trend 3 
       7.2.    Market Drivers 
       7.2.1.    Market Driver 1 
       7.2.2.    Market Driver 2 
       7.2.3.    Market Driver 3 
       7.3.    Market Challenges 
       7.3.1.    Market Challenge 1 
       7.3.2.    Market Challenge 2 
       7.3.3.    Market Challenge 3 
8.       Opportunities Analysis 
       8.1.    Market Opportunity 1 
       8.2.    Market Opportunity 2 
       8.3.    Market Opportunity 3 
9.       Competitive Landscape 
       9.1.    Pure Fishing, Inc. 
       9.2.    Globeride, Inc. 
       9.3.    Sea Master Enterprise Co., Ltd. 
       9.4.    Johnson Outdoors Inc. 
       9.5.    Rome Specialty Co., Inc. 
       9.6.    Company 6 
       9.7.    Company 7 
       9.8.    Company 8 
       9.9.    Company 9 
       9.10.  Company 10 
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Fishing Equipment Market – FAQs 

1.  What is the current size of the fishing equipment market? 

Ans. In 2025, the fishing equipment market size is USD 16,725.69 Mn. 

2.  Who are the major vendors in the fishing equipment market?  

Ans. The major vendors in the fishing equipment market are Pure Fishing, Inc.; Globeride, Inc.; Sea Master Enterprise Co., Ltd.; Johnson Outdoors Inc.; Rome Specialty Co., Inc. 

3.  Which segments are covered under the fishing equipment market segments analysis?  

Ans. The fishing equipment market report offers in-depth insights into Type, Distribution Channel, and Geography. 

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