The
fishing equipments can be segmented into following product categories: reels
and poles, rods, lures, fishing lines, flies & baits, hooks, tackle boxes,
tools & pliers, rigs, sinkers, tippets & swivels. The fishing
techniques include angling, trolling, long line fishing and snagging. Depending
upon the technique of fishing various appropriate tools have been developed.
Globally fishing is a large market and continues to grow at a rapid pace.
Increasing population has its own demands for food products and fish & fish
products form a large segment in people’s food habit worldwide.
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All
major regional market segments including North America, APAC, Europe and RoW
have a large market for fishing tools. Fish consumption has been going up
globally due to increasing population and also increase in non-vegetarian diet
trend. Increase in disposable income and rapid growth in emerging markets
especially in APAC have stimulated spending culture in the retail markets,
contributing in the constant surge of fishing equipment and other leisure
products markets. Increasing expenditure by millions of anglers globally and
taxes collected on fishing and motorboat fuel are contributing significantly in
supporting fisheries conservation and fish recreational programs. Fishes also
provide oils that are beneficial from nutritional point of view and can be used
medicinally. These form the major drivers for the fishing equipment market. The
opportunities for global fishing equipment market lie in tapping the
unorganized fishing sector which barely utilize the local substandard products
and growing interest of enthusiasts in fishing for recreational purpose.
Some
of the key players in this market are AFTCO Mfg. Co., Inc., Arcom
International, Berkley, Bass Pro Shops, Cabela's Inc., Daiwa Corporation,
Buck's Bags, Castaic Soft Bait, Inc., Fenwick, Eppinger Mfg. Co., Gamakatsu
Co., Ltd., Grandt Industries, Gibbs/Nortac Fishing, Inc., Hagen's, Diamondback
fly Rods, Hedron, Inc., Jarden Corporation, K2 Inc., Penn Fishing Tackle
Manufacturing Company, Jim Teeny Inc., Lureflash International Ltd., Rome
Specialty Company, Rapala VMC Corporation, Pure Fishing, Storm Lures
Corporation, Sea Master Enterprise Co. Ltd.
This
research report analyzes this market depending on its market segments, major
geographies, and current market trends. Geographies analyzed under this
research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
This
report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
This
report is a complete study of current trends in the market, industry growth
drivers, and restraints. It provides market projections for the coming years.
It includes analysis of recent developments in technology, Porter’s five force
model analysis and detailed profiles of top industry players. The report also
includes a review of micro and macro factors essential for the existing market
players and new entrants along with detailed value chain analysis.
Reasons
for Buying this Report
- This report provides pin-point analysis for changing competitive dynamics
- It provides a forward looking perspective on different factors driving or restraining market growth
- It provides a technological growth map over time to understand the industry growth rate
- It provides a seven-year forecast assessed on the basis of how the market is predicted to grow
- It helps in understanding the key product segments and their future
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