openPR Logo
Press release

Fishing Hooks Market Projections & Future Opportunities Up to 2028 | Key Players are TIEMCO Ltd., Owner Hooks Co. Ltd., Mustad and Son, Rapala VMC, etc.

03-12-2019 11:25 AM CET | Sports

Press release from: Fact.MR

Fishing Hooks Market Projections & Future Opportunities Up

In order to study the various trends and patterns prevailing in the concerned market, FactMR has included a new report titled “Fishing Hooks Market Projections & Future Opportunities Up to 2028” to its wide online database including upcoming trends and growth factors. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future. The report studies the fishing hooks market worldwide, especially in North America, Europe, Southeast Asia, India and Other Regions with production, size, growth, revenue, consumption, import and export in these regions. The intelligent report also anticipates that the market would grow at a constructive CAGR until 2028.

A sample of this report is available here - https://www.factmr.com/connectus/sample?flag=S&rep_id=1079

Fishing hooks continue to witness lucrative opportunities across countries on the backdrop of increasing number of fishing anglers worldwide. Moreover, growth in recreational fishing sport sector has influenced the adoption of fishing hooks owing to increasing demand for high strength fishing hooks from anglers. This has encouraged manufacturers to adopt high carbon steel hooks. The trending convergence of circle hooks type which has more adoption rate, is further anticipated to create remunerative growth opportunities for the fishing hooks market.

Recreational fishing activities has impacted the fishing hooks manufacturing sectors, creating demand for advanced hooks that makes easy and efficient fishing. Increasing demand for salt water and sea shore fishing is creating opportunity for high strength and corrosive resistant fishing hooks. However, spending on fishing hooks is less compared to other fishing equipment.

A recent FactMR study foretells the fishing hooks market to record an expansion at 2% CAGR over the forecast period (2018-2028). Fishing hooks continues to witness increased traction in salt water applications. However, fresh water fishing has impressive growth in some of the regions.

Development of fishing hooks has fueled the use of different hook types in the fishing activities, offering a potential boost to the adoption of double and treble hooks over other types due to multiple applications and use in both the water types-salt and fresh water. This growth in the fishing hooks industry is ideally underpinned by the growing investments by companies to cater to the need for recreational fishing, with a view to manage expanding number of fishing days by the fishing anglers. The rapid increase in the number of fishing anglers has translated into a significant rise in demand for fishing hooks, in turn driving the growth of its market.

Browse Complete Report Here – https://www.factmr.com/report/1079/fishing-hooks-market

A variety of sustainable fishing methods are being adopted by fishermen to reduce the extent of exploited feedstocks. Hook and line or trolling is a sustainable fishing method in which circle hooks are used instead of J hooks. Circle hook minimizes by-catch and causes little to no habitat damage. This increases fish captures without causing injuries to the fishes. For sports fishing as well as recreational purpose, catch and release hooks are being adopted. These hooks allow safer, quicker, and easier way of releasing fishes without handling them. Adoption of such methods can reduce fish mortalities during recreational as well as commercial fishing and are called sustainable fishing methods.

Marine recreational fishing is a high?participation activity with large economic value and social benefits across the globe. Approximately 8.7 million European recreational sea fishers participated in recreational fishing last year, the average per capita spending of Europe is around US$ 10. And it is high among other regions of the globe. And total expenditure of €5.9 billion is spent annually on the fishing tackle. In addition, fishing participation has increased by almost 20% over the last 10 years. Anglers have also increased their overall spend by 2.4% during the past five years. Revenue from equipment purchases to all trip expenditures also increased from US$ 45 billion to US$ 46.1 billion in the last five years.

According to the American Sport fishing Association (ASA), anglers in America generate more than US$ 48 billion in retail sales with a US$115 billion impact on the nation’s economy and create employment for more than 828,000 people. The average per capita spending of the U.S. is more than US$ 13, which is slightly higher than the European countries and other regions of the globe. The impact as such represents growing popularity of recreational fishing, which is likely to create a lucrative opportunity for fishing hooks market in the future.

To Purchase this Report, Click here - https://www.factmr.com/checkout/1079/S

About FactMR

FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us

FactMR
11140 Rockville Pike
Suite 400, Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.com/
Blog: https://factmrblog.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Fishing Hooks Market Projections & Future Opportunities Up to 2028 | Key Players are TIEMCO Ltd., Owner Hooks Co. Ltd., Mustad and Son, Rapala VMC, etc. here

News-ID: 1648261 • Views:

More Releases from Fact.MR

Insulated Drinkware Market to Hit USD 2.57 Billion by 2033 | YETI, Thermos L.L.C., Hydro Flask Lead - Fact.MR
Insulated Drinkware Market to Hit USD 2.57 Billion by 2033 | YETI, Thermos L.L.C …
The global insulated drinkware market was valued at US$ 1.39 billion in 2023 and is forecasted to expand at a 6.3% CAGR over the next ten years. Worldwide sales of insulated drinkware are projected to reach US$ 2.57 billion by 2033-end.This robust growth is driven by increasing consumer awareness of sustainability, rising participation in outdoor activities, and the growing demand for reusable, eco-friendly products amid bans on single-use plastics. The market
Digital Twin Market is Growing at a CAGR of 34.3% d by 2033 | Key Players: ABB Ltd, ANSYS, Inc, AT&T Inc, AVEVA Group plc, Bentley Systems
Digital Twin Market is Growing at a CAGR of 34.3% d by 2033 | Key Players: ABB L …
Digital Twin Market is valued at USD 5 billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 34.3%, reaching USD 95 billion by 2033. This explosive growth is driven by the increasing adoption of digital twins across industries to optimize operations, reduce costs, and enhance decision-making through virtual replicas of physical assets. Digital twins integrate IoT, AI, and data analytics to simulate real-world
Hemato Oncology Testing Market is Forecasted to Reach USD 23.64 Billion by 2033 | Fact.MR Report
09-02-2025 | Health & Medicine
Fact.MR
Hemato Oncology Testing Market is Forecasted to Reach USD 23.64 Billion by 2033 …
The global hemato oncology testing market is valued at USD 4.33 billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 18.5%, reaching USD 23.64 billion by 2033. This rapid growth is driven by the increasing prevalence of blood-related cancers, such as lymphoma and leukemia, and advancements in diagnostic technologies like next-generation sequencing (NGS) and polymerase chain reaction (PCR). Hemato oncology testing plays a
Osseointegration Implants Market is Anticipated to Reach USD 6.85 Billion by 2035
09-02-2025 | Health & Medicine
Fact.MR
Osseointegration Implants Market is Anticipated to Reach USD 6.85 Billion by 203 …
Osseointegration Implants Market is poised for robust growth, with its valuation projected to rise from USD 3.17 billion in 2025 to USD 6.85 billion by 2035, reflecting a compound annual growth rate (CAGR) of 8%. This expansion is driven by the increasing prevalence of orthopedic and dental disorders, such as osteoarthritis, rheumatoid arthritis, and edentulism, which necessitate advanced implant solutions. Osseointegration implants, which fuse directly with bone to provide stable

All 5 Releases


More Releases for Fishing

Global Fishing Reels Market Size, Share, and Forecast 2022 - 2032 | Key Players: …
The Global Fishing Reels Market Size is expected to reach USD 9.17 Billion by 2032, at a CAGR of 5.7% during the forecast period 2022 to 2032. Request To Download Free Sample copy of the report @ https://www.sphericalinsights.com/request-sample/2058 Comprehensive historical analysis of global market for Global Fishing Reels Market Size, Share, Forecast 2022-2032. has thoroughly analyzed in this report. It offers data and insights from 2019-2022, and provides extensive market forecasts from
Fishing Charters in Florida - Reel Way Fishing Charters
If you're a Florida fishing enthusiast, Reel Way Fishing Charters ( https://reelwayfishingcharters.com ) may be the perfect choice. Located in Pensacola Beach, the company offers a wide variety of trips - from nearshore excursions in local bays to inshore trips in the open ocean. All equipment is provided, including fishing licenses and tackle. The captain will clean any fish that you catch and take home with you. The boats are maintained
Freshwater Fishing Reel Market increasing demand with key players Shimano, Quant …
"SWOT Analysis of Freshwater Fishing Reel, Professional Survey Report Including Top Most Global Players Analysis with CAGR and Stock Market Up and Down." The Freshwater Fishing Reel Market research report presents an all-inclusive study of the Freshwater Fishing Reel market. The report includes all the major trends and technologies performing a major role in the Freshwater Fishing Reel market development during the forecast period. The key players in the market are
08-30-2018 | Sports
Fact.MR
Global Fishing Hooks Market: Growing Popularity of Recreational Fishing Resultin …
The lucrativeness of online channels is becoming increasingly palpable in the fishing hooks market, as a traditionally brick-and-mortar marketplace is being swept by waves of digitalization. A new Fact.MR study projects online sales to grow at the highest rate through 2028; however, the growth won’t be enough to offset preeminence of general sporting goods stores as the largest and most preferred sales channel. Click for Sample Copy of the Report here
Global Fishing Equipments Sales Market 2017 - Dongmi Fishing, RYOBI, Pokee Fishi …
Global Fishing Equipments Market 2017, presents a professional and in-depth study on the current state of the Fishing Equipments market globally, providing basic overview of Fishing Equipments market including definitions, classifications, applications and industry chain structure. Additionally, the region-wise segmentation and the trends driving the leading geographical region and the emerging region has been presented in this report. Download Sample Report @ http://www.fiormarkets.com/report-detail/50507/request-sample The Current global Fishing Equipments Analysis and opportunities are also
Global Fishing Reel Market 2017 - Penn Fishing , Pflueger Fishing ,Shimano , Orv …
The Worldwide Fishing Reel Report does an extensive study of the Market Segment, Product categories, market revenue, product cost, Forecast 2017-2022. After that, the Global Fishing Reel market 2017 Report is segregated into different categories based on geographical regions, key vendors and range of applications. The report also studies the Fishing Reel Market Share and Growth. The latest Fishing Reel global report presents insightful details related to the current scenario of