Press release
Fishing Hooks Market Importance, Latest Trends, Regional Forecast (2019 – 2025) | Wright & McGill, Gamakatsu, Pure Fishing
The requirement of non-stainless steel, non-offset circle hooks is expected to increase in the US because of the implementation of new shore-based shark fishing regulations approved by the Florida Fish and Wildlife Conservation Commission. The new shark fishing mandates will be in effect from July 2019.
Growing Participation in Sport and Recreational Fishing to Create Soaring Demand
Increasing popularity of sport fishing, growing number of fishers, and high participation in seashore and saltwater fishing are some the crucial factors augmenting the demand in the global fishing hooks market. As fishing techniques continue to develop, the requirement of corrosive-resistant, high-strength, and advanced fishing hooks is expected to grow in the coming years. Rising adoption of sustainable fishing practices could be a powerful factor pushing the demand for environment-friendly fishing hooks. Availability of a wide array of products from complex to easy-to-use fishing hooks is anticipated to help manufacturers to expand their customer base.
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Manufacturers to Introduce Environment-friendly Products to Help Fishers Reduce Footprint
The global fishing hooks market marks the presence of leading players such as Wright & McGill, TTI-Blakemore Fishing Group, Gamakatsu, Pure Fishing, Inc., Rapala VMC, TIEMCO Ltd., O. Mustad and Son, and Owner Hooks Co. Ltd. Vendors are predicted to come up with products that will help anglers to leave minimum footprint. Furthermore, customers could be offered with products that can be used for less harmful fishing tackles and that are environment-friendly. In 2019, freshwater and saltwater fishing hooks provider, Gamakatsu USA launched range of new products including Double Assist 520, Magic Eye Tuna Plug, Finesse Jig Head, Spring Lock Monster, and G Finesse Tricky Head.
By Product Type
● Worm Hook
● Double and Treble Hook
● J Hook
● Octopus Beak
● Live Bait Hook
● Circle Hook
● Fly Hook
● Others
By Material Type
● High Carbon Steel
● Alloyed Steel
By Sales Channel
● Sports Outlet
● Online Channel
● General Sporting Goods Store
● Specialty Store
● Modern Trade Channel
Among product type segments, circle hook is projected to become more prominent and grow faster in the global fishing hooks market in terms of sales.
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