Sports Fishing Equipment Market Competitive Landscape Analysis With Forecast by 2024: EAGLE CLAW, Newell Brands, OKUMA FISHING TACKLE, SHIMANO, TICA FISHING TACKLE, AFTCO

This market research report presents a detailed analysis of the global sports fishing equipment market based on products (fishing rod, fishing reel, and fishing lure) and geography (the Americas, APAC, and EMEA). Moreover, the report also presents an analysis of the market based on the distribution channels.

People of all age group are increasingly participating in fishing because it is considered as a popular recreational activity. Research analysis on the global sports fishing equipment market identifies that the rising popularity of fishing will be one of the major factors that will have a positive impact on the growth of the market. Fishing activity not only forges a deep connection with nature but also fosters bonding with family and friends and encourages wellness. The number of new fishing participants comprising of female and youth is higher in comparison to the general fishing population. In addition, freshwater fishing is considered as the most popular form of fishing as participants extensively prefer fishing in fresh water over salt water. Consequently, the demand for sports fishing equipment will also increase. Market research analysts predict that this global market will post a revenue of more than USD XX Million by 2024.

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The introduction of fish aggregating devices (FADS) is drawing the attention of several sports fishermen, particularly in the Caribbean islands. The advent of FADS is identified as one of the key trends that will gain traction in the sports fishing equipment market. Fishermen bait primary species such as mahi-mahi, billfish, and small to medium-sized tuna using FADS. Fishermen in the Dominican Republic are increasingly adopting FADS to trap billfish. Various fishermen also adopt these devices in areas such as eastern Atlantic side of Antigua, St. Lucia, and the west coast fishing villages.

According to this market research report, the fishing rod segment contributed to the maximum growth of the sports fishing equipment market during 2017. According to our analysis, the market will continue to witness major growth in the fishing rod segment throughout the projected period as well.

The US is the major contributor to the growth of the sport fishing market in the Americas. The market will continue to grow in this region during the forthcoming years as well due to the rising participation of several anglers in regular fishing. Moreover, the increasing demand for sports fishing due to the growing number of women participants also drives the augments the market’s growth prospects in this region.

With the presence of several players, the sports fishing equipment market appears to be highly fragmented and is quite competitive. This industry research report provides detailed information about the market’s competitive landscape and offers an analysis of the companies and their products. Additionally, the report also offers information about the major focus areas of the companies and the strategies they follow to gain an advantage over the other players in this marketspace.

The report includes a comprehensive analysis of the various companies in this market including EAGLE CLAW, Newell Brands, OKUMA FISHING TACKLE, SHIMANO, TICA FISHING TACKLE, AFTCO

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Key questions answered in the report include
1. What will the market size and the growth rate be in 2022?
2. What are the key factors driving the global sports fishing equipment market?
3. What are the key market trends impacting the growth of the global sports fishing equipment market?
4. What are the challenges to market growth?
5. Who are the key vendors in the global sports fishing equipment market?
6. What are the market opportunities and threats faced by the vendors in the global sports fishing equipment market?
7. What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
8. What are the key outcomes of the five forces analysis of the global sports fishing equipment market?

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