NEW YORK, July 8, 2021 /PRNewswire/ — Set to grow by USD 2.09 billion during 2021-2025, Technavio’s latest market research report estimates the sports fishing equipment market to register a CAGR of almost 3%. With a focus on identifying dominant industry influencers, Technavio’s reports present a detailed study by the way of synthesis, and summation of data from multiple sources. This report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. AFTCO Mfg. Co. Inc., Fairpoint Outdoors AS, Gamakatsu USA Inc., GLOBERIDE Inc., Grandt Industries Inc., OKUMA FISHING TACKLE Co. Ltd., Pure Fishing Inc., Rapala VMC Corp., Shimano Inc., and Tica Fishing Tackle are some of the major market participants. Although the increasing popularity of recreational fishing will offer immense growth opportunities, to leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Sports Fishing Equipment Market 2021-2025: Segmentation
Sports Fishing Equipment Market is segmented as below:
- Fishing Rod
- Fishing Reel
- Fishing Lure
- North America
- South America
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Sports Fishing Equipment Market 2021-2025: Vendor Analysis and Scope
To help businesses improve their market position, the sports fishing equipment market provides a detailed analysis of around 25 vendors operating in the market. Some of these vendors include AFTCO Mfg. Co. Inc., Fairpoint Outdoors AS, Gamakatsu USA Inc., GLOBERIDE Inc., Grandt Industries Inc., OKUMA FISHING TACKLE Co. Ltd., Pure Fishing Inc., Rapala VMC Corp., Shimano Inc., and Tica Fishing Tackle.
The report also covers the following areas:
- Sports Fishing Equipment Market size
- Sports Fishing Equipment Market trends
- Sports Fishing Equipment Market industry analysis
The increasing number of campaigns encouraging sports fishing is likely to emerge as one of the primary drivers of the market. However, the increasing preference for pre-used and rental variants of sports fishing equipment may threaten the growth of the market.
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Backed with competitive intelligence and benchmarking, our research reports on the sports fishing equipment market are designed to provide entry support, customer profile & M&As as well as go-to-market strategy support.
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Sports Fishing Equipment Market 2021-2025: Key Highlights
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will assist sports fishing equipment market growth during the next five years
- Estimation of the sports fishing equipment market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the sports fishing equipment market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of sports fishing equipment market vendors
Table of Contents:
- Market ecosystem
- Market characteristics
- Value chain analysis
- Market definition
- Market segment analysis
- Market size 2020
- Market outlook: Forecast for 2020 – 2025
Five Forces Analysis
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Product
- Market segments
- Comparison by Product
- Fishing rod – Market size and forecast 2020-2025
- Fishing reel – Market size and forecast 2020-2025
- Fishing lure – Market size and forecast 2020-2025
- Others – Market size and forecast 2020-2025
- Market opportunity by Product
- Geographic segmentation
- Geographic comparison
- North America – Market size and forecast 2020-2025
- Europe – Market size and forecast 2020-2025
- APAC – Market size and forecast 2020-2025
- South America – Market size and forecast 2020-2025
- MEA – Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
- Vendor landscape
- Landscape disruption
- Vendors covered
- Market positioning of vendors
- AFTCO Mfg. Co. Inc.
- Fairpoint Outdoors AS
- Gamakatsu USA Inc.
- GLOBERIDE Inc.
- Grandt Industries Inc.
- OKUMA FISHING TACKLE Co. Ltd.
- Pure Fishing Inc.
- Rapala VMC Corp.
- Shimano Inc.
- Tica Fishing Tackle
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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