Fishing Equipment Market to Reach $23 Billion, Globally, by 2032 at 4.8% CAGR | |
By Allied Market Research |
Source: wfmz |
11/16/2023 |
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Allied Market Research published a report, titled, "Fishing Equipment Market by Type (Hooks, Lines, Sinkers & Floats, Rods, Reels, Nets & Traps, Spear & Gaffs, and Others). Nature (Fresh Water, Salt Water, and Fly Fishing), and Distribution Channel (Offline and Online): Global Opportunity Analysis and Industry Forecast, 2022-2032." According to the report, the global fishing equipment market size was valued at $14.5 billion in 2022 and is projected to reach $23 billion by 2032, growing at a CAGR of 4.8% from 2023 to 2032. |
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Prime determinants of growth
Sports fishing is gaining traction and becoming prevalent in several regions around the world. Sports fishing term refers to fishing or shellfish collection, which is done primarily for pleasure. Moreover, sports fishing can take place in both salty and fresh water. Furthermore, nations such as the UK and the U.S. are making efforts to raise their fishing platform owing to which there is improved access to water bodies to fish in and make it a popular sport. Various fishing associations such as the American Sportfishing Association are inspiring people to raise their participation in fishing by organizing several fishing programs and events. In addition, the most common type of fishing equipment used in sports is a rod, line, reel, hooks, and a wide range of baits or lures such as artificial flies. |
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News Id | | Source | Stamp | country |
2501 | This monster Idaho fish was more than just a record. It was an unexpected species | idahostatesman | 2022-08-19 | US |
2502 | На реку за окунями | Охотники.ру | 2022-08-31 | RU |
2503 | Dead Fish in San Francisco Bay Area Blamed on Toxic Red Tide | Associated Press | 2022-08-31 | US |
2504 | Investing in the genetics of Scotland's trout sector | The Fish Site | 2022-08-31 | UK |
2505 | Climate-Endangered Arctic Epishelf Lake Harbors Viral Assemblages with Distinct Genetic Repertoires | journals.asm.org | 2022-08-25 | CA |
2506 | Arkansas Game and Fish reports two giant catfish caught in Lake Conway | arktimes | 2022-08-15 | US |
2507 | Teenage vandals cause major damage, attempt to poison koi fish at Salt Lake Cactus & Tropicals | Fox News | 2022-08-14 | US |
2508 | Scientists scramble to explain why western Alaska wild salmon stocks are low | npr | 2022-08-15 | US |
2509 | Should bass fishing become a sanctioned sport in SC? | wspa | 2022-08-19 | US |
2510 | Why carp, one of Australia's worst introduced pests, could be a great budget-friendly fish | ABC Radio Melbourne | 2022-08-13 | AU |
2511 | Native American chief shot at, imprisoned for fishing in the Columbia River | kptv | 2022-08-16 | US |
2512 | Federal Report Boosts Plan to Remove 4 Dams on Calif River | Associated Press | 2022-08-26 | US |
2513 | Man catches world-record shortnose gar at Lake of the Ozarks | Fox News | 2022-08-17 | US |
2514 | Maine Man Catches 'Unicorn' Fish He's Been Hunting for 20 Years | newsweek | 2022-08-18 | US |
2515 | Now China starts swabbing FISH: Officials bent on imposing country's zero-Covid policy | dailymail | 2022-08-18 | UK |
2516 | Rare toxic algae behind fish deaths in river Oder, say researchers | the peninsula qatar | 2022-08-19 | DE |
2517 | Monster fish eludes capture as Chinese city drains lake, millions watch | Washington Post | 2022-08-25 | CN |
2518 | Sensitive fish habitat near Chilliwack, B.C. now off-limits to people who want to 4×4 | Global News | 2022-08-26 | CA |
2519 | A History of Salt Cod | Published in History Today | 2019-11-11 | US |
2520 | Mexican Fish Extinct in Wild Successfully Reintroduced | Associated Press | 2022-01-02 | MX |
2521 | New England fish believed to be spotted feeding | CBC News | 2022-07-23 | CA |
2522 | Northern NSW floods trigger mass fish kill with hundreds of thousands lining riverbanks, beaches | ABC Rural | 2022-03-16 | AU |
2523 | Rare black fish with ‘mouth full of teeth’ found in Florida | sacbee | 2022-06-23 | US |
2524 | Timor-Leste Prime Minister celebrates tilapia farming success | The Fish Site | 2022-08-26 | AU |
2525 | British angler, 45, smashes record after reeling-in 7ft monster fish weighing 28 STONE | mirror | 2022-08-09 | UK |
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