Press release
Fishing Reels Market Expands with Market Share Analysis, Significant Trends, and a Positive Growth Trajectory
Fishing Reels Market
As per the report, the fishing reels market size has grown strongly in recent years. It will grow from $5.4 billion in 2023 to $5.73 billion in 2024 at a compound annual growth rate (CAGR) of 6.0%. The fishing reels market size is expected to see strong growth in the next few years. It will grow to $7.02 billion in 2028 at a compound annual growth rate (CAGR) of 5.2%.
Download Free Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=12692&type=smp
Rising Consumption Of Fish To Drive Market Growth
The increasing consumption of fish is expected to propel the growth of the fishing reel market going forward. Fish consumption refers to consuming or eating fish and other seafood as part of one's diet. Fishing reels are used in catching fish, as they are designed to facilitate the angler's ability to hook, fight, and land fish successfully. For instance, in July 2020, according to the Organization for Economic Cooperation and Development (OECD), a US-based intergovernmental organization, 90% of fish production is anticipated to be used as food by 2029. Fish for human consumption is expected to increase by 16.3%, or an additional 25 metric tons, to 180 metric tons by 2029. Therefore, increasing fish consumption is driving the growth of the fishing reel market.
Product Innovations Transforming The Fishing Reel Market
Product innovations are a key trend gaining popularity in the fishing reels market. Major companies operating in the fishing reels market are focused on developing innovative products and solutions to sustain their position in the market. For instance, in July 2023, Shimano Inc., a Japan-based cycling company, launched the Curado 200 M, a low-profile power baitcasting fishing reel. The Curado 200 M is a crucial tool for bass fishermen using heavier lines and lures. It is long-lasting because of its advanced features and optimal performance. As a result of Shimano's MagnumLite (MGL) Spool III's ability to lessen startup inertia, the Curado 200 M features increased line capacity. SilentTune technology has been included, which quietens the spool during casts. Precision casting is possible with SVS Infinity braking technology, which offers easy-to-manage, reliable spool management and brake force changes when dealing with challenging situations or switching between baits.
The fishing reels market covered in this report is segmented -
1) By Product Type: Spinning, Spin-Cast, Fly Reel, Baitcasting, Other Products
2) By Material: Aluminum, Graphite, Stainless Steel, Other Materials
3) By Fishing Type: Freshwater Fishing, Saltwater Fishing
4) By Reel Mechanism: Anti-Reverse Reel, Direct-Drive Reel
5) By Distribution Channel: Modern Trade, Outdoor Sport Stores, Online Sales, Other Distribution Channels
Buy Now & Get Exclusive Discount on this Report, Checkout link @
https://www.thebusinessresearchcompany.com/Discount?id=12692&type=discount
Major companies operating in the fishing reels market report are Shimano Inc., G. Loomis, L.L.Bean Inc., Pure Fishing Inc., Weihai Guangwei Group Co. Ltd., Hardy & Greys Limited, Penn Fishing Tackle Manufacturing Co., Hatch Outdoors, E.A. Pflueger Company, Quantum Fishing, Okuma Fishing Tackle Corp., Lew's Fishing, Sage Fly Fishing, ABU Garcia, Daiwa Corporation, Accurate Fishing, Jiuyu Fishing Tackle Co. Ltd., Avet Reels, Galvan Fly Reels, Nautilus Reels, Echo Fly Fishing, Islander Reels, Eposeidon Outdoor Adventure Inc, Lamson, Loop Tackle Design, NingBo HaiBao Fishing Tackle Co. Ltd., Ross Reels, Zebco Brands
Contents of the report:
1. Executive Summary
2. Fishing Reels Market Report Structure
3. Fishing Reels Market Trends And Strategies
4. Fishing Reels Market - Macro Economic Scenario
5. Fishing Reels Market Size And Growth
…..
27. Fishing Reels Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Explore the report store to make a direct purchase of the report @ https://www.thebusinessresearchcompany.com/report/fishing-reels-global-market-report
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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 Reels Market Expands with Market Share Analysis, Significant Trends, and a Positive Growth Trajectory here
News-ID: 3594524 • Views: …
More Releases from The Business research company
Evolving Market Trends In The Integrated Geophysical Services Industry: Enhancin …
The Integrated Geophysical Services Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Expected Integrated Geophysical Services Market Size During the Forecast Period?
The integrated geophysical services market has experienced consistent growth in recent years, expected to rise from $2.35 billion in 2024 to…
Global HR Advisory Services Market: Key Trends, Market Share, Growth Drivers, An …
The HR advisory services market report describes and explains the HR advisory services market and covers 2019-2024, termed the historic period, and 2024-2029, 2034F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.
The global HR advisory services market reached a value of nearly $155.74 billion in 2024, having grown at a compound annual growth rate (CAGR) of 4.22% since…
High Voltage Aluminium Electrolytic Capacitors Global Market Report 2025: Size, …
The high voltage aluminum electrolytic capacitors report describes and explains the high voltage aluminum electrolytic capacitors market and covers 2019-2024, termed the historic period, and 2024-2029, 2034F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.
The global high voltage aluminum electrolytic capacitors market reached a value of nearly $4.10301 billion in 2024, having grown at a compound annual growth…
Global Vertical Market Software Market: Key Trends, Market Share, Growth Drivers …
The vertical market software report describes and explains the vertical market software market and covers 2019-2024, termed the historic period, and 2024-2029, 2034F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.
The global vertical market software market reached a value of nearly $152.61027 billion in 2024, having grown at a compound annual growth rate (CAGR) of 12.11% since 2019.…
More Releases for Fish
Global Salmon Fish Market Report 2021-2028 | JCS Fish, Northern Fish Products Co …
The research “Salmon Fish Market Overview By Industry Size, Top Manufactures, Trends, Industry Growth, Analysis, and Forecast Till 2028”. The report is a 190+ page PDF containing a table of contents and a list of figures and tables. The Global "Salmon Fish Market" report is a profound study conducted based on the global market, which examines the ruthless structure of the general sector worldwide. Create by employing established systematic methods…
Global Salmon Fish Market 2020 consideration the impact of the COVID-19 pandemic …
Our analysis involves the study of the market taking into consideration the impact of the COVID-19 pandemic. Please get in touch with us to get your hands on an exhaustive coverage of the impact of the current situation on the market. Our expert team of analysts will provide as per report customized to your requirement.
Avail a detailed research offering a comprehensive analysis of the developments, growth outlook, driving factors,…
Fish Sauce Market Size, Share, Growth, Demand and Top Competitors are Fish Sauce …
To win the competition in the global market place, choosing this Global Fish Sauce Market research report is imperative. Businesses can acquire knowledge about complete background analysis of the industry which includes an assessment of the parental market. This Global Fish Sauce Market report takes into account different segments of the market analysis that today’s business insist. Clients get familiarity with a nice combination of best industry insight, practical solutions,…
Fish Sauce Market 2019 with Global Analysis and Players Like Thai Fish Sauce Fac …
Fish Sauce Market Share, Size, Trends, And Business chance Analysis Report 2018 embody historic information, with forecast information to 2026. This Report is useful for future strategy development, and to grasp regarding Market Drivers, Restraints, Opportunities, And world industry size, share, Growth, Trends, key players forecast to 2026.
SWOT analysis can be quite a useful tool when it comes finding the market drivers and restrains in the Fish Sauce Market which…
Fish Sauce Market SWOT Analysis with Top Key Players 2019: Thai Fish Sauce Facto …
This study categorizes the global Fish Sauce breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
This research report categorizes the global Fish Sauce market by top players/brands, region, type and end user. This report also studies the global Fish Sauce market status, competition…
Salmon Fish Industry Market In-Depth analysis to 2023 Profiling JCS Fish, Northe …
The global salmon market Is projected to grow at a healthy CAGR by 2023 over the past few years people have been more aware about protein rich diet and is benefits, Salmon ranks high in the healthy food list. Salmon has many health benefits, it is good for skin, hair, joints and brain, it is enriched with vitamins minerals and most importantly it’s a best source of omega-3, salmon is…
