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    Fishing Rods Market Report

    Fishing Rods Market Report
    Report code - SRCG193 Delivery - 2 Weeks
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    Fishing Rods Market Size, Share, Trend, Forecast, & Industry Analysis – 2020-202 See more...

    Impact of COVID-19 on Fishing Rods Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Fishing Rods Market

    Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Market Insights

    Fishing Rods market is likely to witness a CAGR of 6.1% during the forecast period. The prime factor that is driving the fishing rods market is rising adoption of fishing rods as a recreational activity among people of various age groups

    Fishing Rods Market – Snapshot

    Growth

    6.1% for the next five years

    Major Product Type

    Spinning Rods

    Dominant Application Type

    Recreational Fishing

    Region with the highest demand

    North America

    Key Players

    AFTCO; Cabela’s Inc.; Dongmi Fishing Tackle (Foshan) Co., Ltd., Eagle Claw; Preston Innovations; RYOBI; Pokee Fishing Tackle; Pure Fishing, Inc.; Shimano, Inc.; St. Croix Rods; Tica Fishing Tackle; Tiemco Ltd.; and Weihai Guangwei Group Co., Ltd.

    Segment Analysis

    Fishing-Rods-Market-Dominant-Segments

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    Fishing Rods Market Share: By Product Type

    Based on the product type, the market is segmented as spinning rods, fly fishing rods, casting rods, and others. The spinning rods segment dominated the market in 2019 and is expected to maintain its position during the forecast period. Spinning rods are efficient in throwing lighter lures far and are useful in windy place. Fly fishing rods are expected to witness the highest growth during the forecast period owing to their capability for casting baits in distant water.

    Fishing Rods Market Share: By Application Type

    Based on the application type, the market is segmented as competitive casting, recreational fishing, commercial fishing, and others. Recreational fishing accounted for the largest share of the market and is expected to remain dominant during the forecast period. Increasing preference of people towards most popular fishing destination is the major factor behind the dominance of the recreational fishing segment.

    Fishing Rods Market Share: By Region

    In terms of regions, North America is estimated to be the largest market for fishing rods during the forecast period. Significant demand from both commercial and recreational applications is driving the growth of the region. Europe and Asia-Pacific also holds significant share of the market and are expected to witness healthy growth during the forecast period.

    Fishing-Rods-Market-By-Region

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    Market Scope & Segmentation

    Fishing rod is a flexible and long rod attached with a hook at one end to transfix a bait to lure fish and catch them. The fishing rods market is segmented based on product type into spinning rods, fly fishing rods, casting rods, and others. Based on application type, the market is segmented as competitive casting, recreational fishing, commercial fishing, and others. On the basis of material type, the market is segmented as bamboo, fiberglass, carbon fiber, and others. The market is also segmented based on distribution channel type into online and offline.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Fishing Rods Market Research Report – Features

    Market Segmentation

    5

    Regions Covered

    4

    Countries/Sub-Regions Covered

    15

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The fishing rods market is segmented into the following categories. 

    Fishing Rods Market Size, Share, & Forecast, by Product Type:

    • Spinning Rods (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Fly Fishing Rods (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Casting Rods (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Fishing Rods Market Size, Share, & Forecast, by Application Type:

    • Competitive Casting (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Recreational Fishing (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Commercial Fishing (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Fishing Rods Market Size, Share, & Forecast, by Raw Material Type:

    • Bamboo (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Fiberglass (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Carbon Fiber (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Fishing Rods Market Size, Share, & Forecast, by Distribution Channel Type:

    • Online (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Offline (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Fishing Rods Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Fishing-Rods-Market-Segmentation

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    Key Players

    Some of the major players in fishing rods market are-

    • AFTCO
    • Cabela’s Inc.
    • Dongmi Fishing Tackle (Foshan) Co., Ltd.
    • Eagle Claw
    • Preston Innovations
    • RYOBI
    • Pokee Fishing Tackle
    • Pure Fishing, Inc.
    • Shimano, Inc.
    • St. Croix Rods
    • Tica Fishing Tackle
    • Tiemco Ltd.
    • Weihai Guangwei Group Co., Ltd.

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

     

    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

     

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the product types by application type.

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]

    Frequently Asked Questions (FAQs)

    The fishing rods market is expected to witness an impressive growth of 6.1% CAGR in the foreseeable future.

    AFTCO; Cabelas Inc.; Dongmi Fishing Tackle (Foshan) Co., Ltd., Eagle Claw; Preston Innovations; RYOBI; Pokee Fishing Tackle; Pure Fishing, Inc.; Shimano, Inc.; St. Croix Rods; Tica Fishing Tackle; Tiemco Ltd.; and Weihai Guangwei Group Co., Ltd are among the key players in the Fishing Rods Market.

    North America is expected to be the largest fishing rods market during the next five years.

    The spinning rods segment is expected to remain dominant in the fishing rods market in the coming years.

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