Expanding Horizons: A Look into the Fishing Rods Market

In FY 2022, the Fishing Rods market reached a valuation of US$ 1,096.98 Million, and is likely to register a Y-o-Y growth rate of 4.0% in 2023, closing at US$ 1,149.64 Million. Furthermore, across the 2023-2033 period of assessment, growth is expected to accelerate at a whopping 4.8% CAGR, reaching US$ 1,837.28 Million.

The fishing rods market is highly competitive, with numerous players vying for market share. Established brands, such as Shimano, Daiwa, and Penn, continue to dominate the market, leveraging their reputation and extensive product portfolios. However, new entrants and regional players are also making their mark, offering innovative designs and competitive pricing. The market is characterized by a wide range of price points, catering to both budget-conscious consumers and those seeking high-end, premium rods. Moreover, the growing awareness of environmental sustainability has influenced the fishing rods market, with an increased emphasis on eco-friendly manufacturing processes and materials. As consumers become more conscious of their ecological footprint, they are seeking products that align with their values. In response, manufacturers are incorporating sustainable practices, such as using recycled materials and implementing eco-friendly production methods. Overall, the fishing rods market is witnessing robust growth and adapting to evolving consumer preferences, making it an exciting and dynamic industry to watch.

𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 𝗙𝗿𝗲𝗲 𝗦𝗮𝗺𝗽𝗹𝗲 𝗖𝗼𝗽𝘆 𝗼𝗳 𝘁𝗵𝗶𝘀 𝗥𝗲𝗽𝗼𝗿𝘁 -https://www.factmr.com/connectus/sample?flag=S&rep_id=1339

𝗞𝗲𝘆 𝗧𝗮𝗸𝗲𝗮𝘄𝗮𝘆𝘀 𝗳𝗿𝗼𝗺 𝗙𝗶𝘀𝗵𝗶𝗻𝗴 𝗥𝗼𝗱𝘀 𝗠𝗮𝗿𝗸𝗲𝘁 𝗦𝘁𝘂𝗱𝘆

• The global fishing rods market is expected to be valued at US$ 2.7 Bn at the end of 2020, and is anticipated to surpass US$ 4.2 Bn by 2030-end.
• By rod type, spinning rods are foreseen to grow 1.7X than flying rods in 2020. On the other hand, casing rods will account for 18% of overall market share in 2020.
• By rod weight, lightweight is anticipated to grow, but lose 194 BPS over the course of the forecast duration.
• The fishing rods market in APEJ is expected to grow by experiencing a value CAGR of 5.5%, whereas, North America is projected to be valued 1.8X than Europe, and is estimated to account for a major chunk of the demand pie by the end of the forecast period.

𝗞𝗲𝘆 𝗦𝗲𝗴𝗺𝗲𝗻𝘁𝘀 𝗖𝗼𝘃𝗲𝗿𝗲𝗱 𝗶𝗻 𝘁𝗵𝗲 𝗙𝗶𝘀𝗵𝗶𝗻𝗴 𝗥𝗼𝗱𝘀 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗦𝘂𝗿𝘃𝗲𝘆

• By Rod Type :
Spinning Rods
Carbon Fibre
Fibreglass
Casing Rods
Carbon Fibre
Fibreglass
Ice Fishing Rods
Carbon Fibre
Fibreglass
Fly Rods
Carbon Fibre
Fibreglass
Surf Rods
Carbon Fibre
Fibreglass
Telescopic Rods
Carbon Fibre
Fibreglass

• By Rod Weight :
Ultra-Light
Light
Medium
Medium Heavy
Heavy
Extra Heavy

• By Flex Type :
Tip Flex
Mid Flex
Full Flex

• By Sales Channel :
Supermarkets/ Hypermarkets
Sports Stores
Speciality Stores
Online Stores
Company Websites
Third-party Online
Specialty Online
Direct Procurement

• By Region :
North America
Latin America
Europe
CIS & Russia
Japan
Asia Pacific excluding Japan (APEJ)
Middle East & Africa (MEA)

𝐆𝐞𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐨𝐧 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐟𝐨𝐫 𝐒𝐩𝐞𝐜𝐢𝐟𝐢𝐜 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬 -https://www.factmr.com/connectus/sample?flag=RC&rep_id=1339

𝗙𝗶𝘀𝗵𝗶𝗻𝗴 𝗥𝗼𝗱𝘀 𝗠𝗮𝗿𝗸𝗲𝘁- 𝗖𝗼𝗺𝗽𝗲𝘁𝗶𝘁𝗶𝘃𝗲 𝗟𝗮𝗻𝗱𝘀𝗰𝗮𝗽𝗲

Prominent players in the Fishing Rods Industry are taking advantage of the rapidly increasing demand for the Fishing Rods in various applications. To further their outreach, players are relying on collaborations, partnerships and acquisitions with existing small, medium and large-scale vendors. Some prominent market developments are as follows:

• In August 2022, PENN Fishing, a leading saltwater tackle company introduced 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.
• In August 2022, Daiwa launched a new range of TATULA XT Rods, which include lightweight and powerful HVF (High Volume Fiber) graphite blank technology, X45 Bias and Braiding-X blank construction to prevent rod twist for longer casts, added sensitivity, and more hook-setting power. The series also includes two glass blank casting rods designed ideally for medium to larger size crankbaits and bladed jigs.

𝗣𝗿𝗼𝗺𝗶𝗻𝗲𝗻𝘁 𝗙𝗶𝘀𝗵𝗶𝗻𝗴 𝗥𝗼𝗱𝘀 𝗦𝗲𝗿𝘃𝗶𝗰𝗲 𝗣𝗹𝗮𝘆𝗲𝗿𝘀

• Pure Fishing Inc.
• Shimano Inc.
• Daiwa Corporation
• Eposeidon Outdoor Adventure Ltd.
• Clam Corporation
• TIEMCO Ltd.
• Wright & McGill Co.
• Okuma Fishing Tackle Co. Ltd.
•Croix Rods
• Piscifun

𝗞𝗲𝘆 𝗤𝘂𝗲𝘀𝘁𝗶𝗼𝗻 𝗮𝗻𝘀𝘄𝗲𝗿𝗲𝗱 𝗶𝗻 𝘁𝗵𝗲 𝘀𝘂𝗿𝘃𝗲𝘆 𝗼𝗳 𝗙𝗶𝘀𝗵𝗶𝗻𝗴 𝗥𝗼𝗱𝘀 𝗺𝗮𝗿𝗸𝗲𝘁 𝗿𝗲𝗽𝗼𝗿𝘁:

• Sales and Demand of Fishing Rods
• Growth of Fishing Rods Market
• Market Analysis of Fishing Rods
• Market Insights of Fishing Rods
• Key Drivers Impacting the Fishing Rods market
• Which are the Key drivers impacted by Fishing Rods market
• Restraints Shaping Market Growth
• Market Survey of Fishing Rods

𝗙𝗼𝗿 𝗶𝗻-𝗱𝗲𝗽𝘁𝗵 𝗰𝗼𝗺𝗽𝗲𝘁𝗶𝘁𝗶𝘃𝗲 𝗮𝗻𝗮𝗹𝘆𝘀𝗶𝘀, 𝗕𝘂𝘆 𝗡𝗼𝘄 - https://www.factmr.com/checkout/1339

𝗠𝗼𝗿𝗲 𝗩𝗮𝗹𝘂𝗮𝗯𝗹𝗲 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀 𝗼𝗻 𝗙𝗶𝘀𝗵𝗶𝗻𝗴 𝗥𝗼𝗱𝘀 𝗠𝗮𝗿𝗸𝗲𝘁

Fact.MR, in its new report, offers an unbiased Market Analysis of Fishing Rods, Sales and Demand of Fishing Rods, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.

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