Sports Fishing Equipment Market¬†report conveys an essential review of the Sports Fishing Equipment Market including its definition, applications and technology. Additionally, the Sports Fishing Equipment Industry report investigates the international Major Market players in detail. Sports Fishing Equipment Market report gives key insights and existing status of the Manufacturers and is an important Source of direction and heading for Companies and people inspired by the Industry. According To report, Over the next five years the Sports Fishing Equipment market will register a 3.2% CAGR in terms of revenue, the global market size will reach US$ 15300 million by 2024, from US$ 12600 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Sports Fishing Equipment business
About Sports Fishing Equipment Market: Sports fishing equipment is the equipment used when fishing. Almost any equipment or gear used for fishing can be called fishing equipment. Some examples are Rods, Reels & Poles, Lures, Flies & Baits, Fishing Lines and Hooks. North America demand of sports fishing equipment accounted for the highest market share (36.7%) in 2016, followed by Europe. China is expected to maintain the highest growth rate for the next five years owing to the increment of resident income and the growth of downstream applications.The global sports fishing equipment industry mainly concentrates in North America, Europe, Japan and China. The global are rather scattered, the global leading players in this market are Newell (Jarden Corporation), Globeride(Daiwa), Shimano, Rapala VMC Corporation and Weihai Guangwei Group, which accounts for about 26% of total production value in 2016. The sports fishing equipment are mainly used by freshwater fishing, saltwater fishing. The main application is freshwater fishing, which accounts for above 64% and it is forecasted that share will be maintain in 2022.Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area, the future will still have more new investment enter the field. In the next five years, the demand value of sports fishing equipment is forecasted to keep slow increasing.
Sports Fishing Equipment Market Report provides¬†a comprehensive¬†analysis of key market segments and sub-segments with evolving market trends and dynamics, changing supply and demand scenarios by quantifying market opportunities through market sizing and market forecasting, Tracking current trends, challenges, and Competitive insights. Opportunity mapping in terms of technological breakthroughs for business development.
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Global Sports Fishing Equipment Market competition by top Manufacturers, with sales volume, Price (USD/Unit), revenue (Million USD) and market share for each Manufacturer; the¬†top Manufacturers¬†including¬†Globeride(Daiwa), Shimano, Newell, Rapala¬†VMC¬†Corporation, Weihai Guangwei Group, Dongmi Fishing, RYOBI, Pokee Fishing, Cabela‚Äôs¬†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.
The report split global into several key Regions, with sales (Units), revenue (Million USD), market share and growth rate of Sports Fishing Equipment for these regions, from 2013 to 2024 (forecast), covering¬†United States, China, Europe, Japan, Southeast Asia and India.
Sports Fishing Equipment Market Historic Data (2013-2018):
Based on product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into- Rods, Reels and Components, Line, Leaders, Lures, Files, Baits, Terminal Tackle, Electronics
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate of Sports Fishing Equipment for each application- Freshwater Fishing, Saltwater Fishing
Sports Fishing Equipment Market Influencing Factors:
Sports Fishing Equipment Market Forecast (2019-2024):
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Key questions answered in the report:
Reasons for Buying Sports Fishing Equipment Market Report:¬†It provides a forward-looking perspective on different driving factors or restraining market growth. Sports Fishing Equipment market report provides a six-year forecast assessed based on how the market is predicted to grow. It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors. Sports Fishing Equipment market report helps in making informed business decisions by having complete insights of market and by making¬†an in-depth¬†analysis of market segments.
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