Global Fishing Reels Market Data 2024, Forecast To 2033
8 Mar, 2024
The fishing reels market has shown strong growth, increasing from $5.4 billion in 2023 to $5.73 billion in 2024, with a CAGR of 6.0%. It's expected to grow to $7.02 billion by 2028. Growth factors include innovations in gear technology and sustainable fishing practices. Foreseen trends involve technological advancements in drag systems and integration of smart technologies, alongside sustainable and eco-friendly designs.
Global Fishing Reels Market Key Driver
The increasing consumption of fish is expected to drive the fishing reel market. Global fish consumption is anticipated to rise, creating demand for fishing reels. Thus, the increasing consumption of fish drives the fishing reel market.
Get A Free Sample Of The Global Fishing Reels Market ReportGlobal Fishing Reels Market Segments
The fishing reels market covered in this report is segmented –
1) Product Type:Spinning, Spin-Cast, Fly Reel, Baitcasting, Other Products
2) Material:Aluminum, Graphite, Stainless Steel, Other Materials
3) Fishing Type:Freshwater Fishing, Saltwater Fishing
4) Reel Mechanism:Anti-Reverse Reel, Direct-Drive Reel
5) Distribution Channel:Modern Trade, Outdoor Sport Stores, Online Sales, Other Distribution Channels
By Geography: The countries covered in the fishing reels market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
North America was the largest region in the fishing reels market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the fishing reels market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major Fishing Reels Industry Players
Shimano Inc.; G. Loomis; L.L.Bean Inc.; Pure Fishing Inc.; Weihai Guangwei Group Co. Ltd.; Hardy & Greys Limited; Penn Fishing Tackle Manufacturing Co.; Hatch Outdoors; E.A. Pflueger Company; Quantum Fishing; Okuma Fishing Tackle Corp.; Lew's Fishing; Sage Fly Fishing; ABU Garcia; Daiwa Corporation; Accurate Fishing; Jiuyu Fishing Tackle Co. Ltd.; Avet Reels; Galvan Fly Reels; Nautilus Reels; Echo Fly Fishing; Islander Reels; Eposeidon Outdoor Adventure Inc; Lamson; Loop Tackle Design; NingBo HaiBao Fishing Tackle Co. Ltd.; Ross Reels; Zebco Brands
Get The Full Global Fishing Reels Market ReportFishing Reels Market Overview
Fishing reels are mechanical devices designed to release and retrieve fishing lines attached to fishing rods. The fishing reel controls the release and retrieval of fishing lines, allowing anglers to cast their bait or lures into the water and reel in fish.