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    Fishing Rods Market

    Fishing Rods Market
    Report code - SRCG193 Delivery - 2 Weeks
    Fishing Rods Market Size, Share, Trend, Forecast, & Industry Analysis – 2022-202 See more...

    Market Insights

    The fishing rods market was estimated at USD 957.5 Million in 2022 and is likely to grow at a CAGR of 5.1% from 2022-2028 to reach USD 1289.2 Million in 2028.

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    What are Fishing Rods?

    The 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.

    Key players

    Some of the major players in the 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

    Market Dynamics

    • 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.

    Segments Analysis

    By 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 useful in windy places. Fly fishing rods are expected to witness the highest growth during the forecast period owing to their capability for casting baits in distant water.

    By 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. The increasing preference of people toward most popular fishing destination is the major factor behind the dominance of the recreational fishing segment.

    By Region

    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 a significant share of the market and are expected to witness healthy growth during the forecast period.

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    Scope & Segmentation

    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.

    Report – Features

    Market Segmentation

    5

    Regions Covered

    4

    Countries/Sub-Regions Covered

    25

    No. of Figures & Tables

    >140

    Company Profiles

    10

    The fishing rod market is segmented into the following categories. 

     By Product Type:

    • Spinning
    • Fly Fishing Rods 
    • Casting Rods 
    • Others 

     By Application Type:

    • Competitive Casting 
    • Recreational Fishing 
    • Commercial Fishing 
    • Others

     By Raw Material Type:

    • Bamboo 
    • Fiberglass 
    • Carbon Fiber 
    • Others 

     By Distribution Channel Type:

    • Online 
    • Offline 

     By Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and the 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)

    Report Features

    This report provides market intelligence most comprehensively. 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:

    • Overview, industry life cycle analysis, supply chain analysis
    • Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Trend and forecast analysis
    • 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

    Fishing Rods Market Report Features

    Market Size in 2028

    USD 1289.2 Million

    Market Size in 2022

    USD 957.5 Million

    Market Growth (2022-2028)

    5.1% CAGR

    Base Year of Study

    2021

    Trend Period

    2017-2020

    Forecast Period

    2022-2028

    Segments Covered

    By Product Type (Spinning Rods, Fly Fishing Rods, Casting Rods, and Others),

    By Raw Material Type (Bamboo, Fiberglass, Carbon Fiber, and Others),

    By Application Type (Competitive Casting, Recreational, and Commercial), by Distribution Channel Type (Online, Offline),
    By Region (North America, Europe, Asia-Pacific, and Rest of the World)

    Top Companies in 2022

    • 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.

    Dominant Region

    North America is estimated to be the largest market for fishing rods during the forecast period.

    Research Methodology

    This report offers high-quality insights and is the outcome of a 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 books, press releases, journals, investor presentations, 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 qualitative and quantitative insights.

    Report Customization

    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 to  sales@stratviewresearch.com

    Recent Developments

    August 2022- PENN Mariner III Rods Bring Extreme Value and Versatility,

    Leading saltwater tackle company PENN Fishing introduces a dependable rod for anglers that demands functionality and durability in various fishing situations. The Mariner III is a go-to rod for anglers who need a reliable general-purpose setup for most saltwater species, including salmon and steelhead. Read More…

    August 2022- Daiwa Launches New TATULA XT Rods at B.A.S.S. High School Championship,

    Along with the Tatula XT rods, the Daiwa crew will also be displaying its new Tatula SV70 and Tatula 80 baitcasting reels, along with its flagship Exist spinning reels, all of which were first introduced this past March during the Bassmaster Classic at Lake Hartwell and the Classic Expo in Greenville, S.C.

    Frequently Asked Questions (FAQs)

    The fishing rods is a flexible and long rod attached with a hook at one end to transfix a bait to lure fish and catch them.

    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.

    The fishing rods market growth is CAGR of 5.1% from 2022-2028.

    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.

    The fishing rods market was estimated at USD 957.5 Billion in 2022.

    The study period of this market report is 2022-28.