Press release
Fishing Rods Market is growing at a CAGR of 5.13% in the forecast period (2024-2031)
Fishing Rods Market
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Fishing Rods Market size was valued at USD 1.03 billion in 2019 and is poised to grow from USD 1.08 billion in 2023 to USD 1.62 billion by 2031, growing at a CAGR of 5.13% in the forecast period (2024-2031).
The market is expanding primarily due to the growing global popularity of angling contests and rising personal disposable income. Other indirect market growth drivers include the increased popularity of ice fishing, an increase in research and development efforts, and the trend of fishing during holidays. Long-term market development prospects will also be produced by the increasing prevalence of e-commerce platforms, growing understanding of the benefits of fishing rods, such as their capacity to throw baits into far waters and growing awareness via social media platforms.
Market Segmentation:
Global fishing rods market is segmented based on the product, raw material, application, distribution channel, and region.
Based on the product, the global fishing rods market is segmented into spinning rods, fly fishing rods, casting rods, and others.
Based on raw material, global fishing rods market is segmented into bamboo, fiberglass, carbon fiber, and others.
Based on application, global fishing rods market is segmented into competitive casting, recreational, commercial, and others.
Based on distribution channel, global fishing rods market is segmented into online and offline.
Based on region, it is categorized into North America, Europe, Asia-Pacific, Latin America, and MEA.
Top Players in the Global Fishing Rods Market
St. Croix Rods
Shimano Inc.
Abu Garcia
Daiwa Corporation
Pure Fishing Inc.
Okuma Fishing Tackle Corp.
G. Loomis Inc.
Fenwick
Orvis Company
Hardy & Greys Ltd.
Cabela's Inc.
Sage Fly Fishing
PENN Fishing Tackle Manufacturing Co.
Ugly Stik
Shakespeare
Tica Fishing Tackle
Rapala VMC Corporation
Gamakatsu Fishing Hooks
Jarvis Walker Pty Ltd
Rapala
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Essential regions of the Fishing Rods market are:
• Fishing Rods North America Market includes (Canada, Mexico, USA)
• Fishing Rods Europe Market includes (Germany, France, Great Britain, Italy, Spain, Russia)
• Fishing Rods Asia-Pacific Market includes (China, Japan, India, South Korea, Australia)
• Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa)
• Fishing Rods South America Market includes (Brazil, Argentina)
FAQs: -
1. What are the sales, production, consumption, imports, and exports of the global market (North America, Europe, Asia-Pacific, South America, Middle East, and Africa)?
2. Who are the major manufacturers who dominate the world market?
3. What are their current capacity, production, sales, pricing, cost, gross, and revenue operating levels?
4. What are the market's risks and opportunities?
What's more, it likewise covers the request and give of the promoting research concentrate in the assessed figure time frame. Explained investigation of the market players with their profile, deals examination and serious scene is given in the report. Besides, organization, joint effort and consolidations in the business are referenced for the accommodation of the investigation of the global Fishing Rods industry.
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Objectives of the Study:
• To forecast the market size, in terms of value, for various segments with respect to five main regions, namely, North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle East & Africa (MEA)
• To provide detailed information regarding the major factors influencing the growth of the Market (drivers, restraints, opportunities, and challenges)
• To strategically analyze the micro markets with respect to the individual growth trends, future prospects, and contribution to the total market
• To provide a detailed overview of the value chain and analyze market trends with the Porter's five forces analysis
• To analyze the opportunities in the market for various stakeholders by identifying the high-growth Segments
• To identify the key players and comprehensively analyze their market position in terms of ranking and core competencies, along with detailing the competitive landscape for the market leaders
• To analyze competitive development such as joint ventures, mergers and acquisitions, new product launches and development, and research and development in the market
Looking ahead, the Fishing Rods Market is poised for continued growth, driven by evolving consumer preferences and ongoing innovations. The trend towards sustainability is expected to strengthen, with more consumers seeking products that align with their values. Additionally, the integration of advanced technologies and digital platforms will likely further enhance market accessibility and consumer engagement. The global Fishing Rods Market is a dynamic and evolving landscape, shaped by a confluence of trends and factors.
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Table of Contents
Global Fishing Rods Market Research Report 2024-2031
Chapter 1 Fishing Rods Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Fishing Rods Market Forecast
...
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