Fishing Equipment Market to Reach $23 Billion, Globally, by 2032 at 4.8% CAGR | |
By Allied Market Research |
Source: wfmz |
11/16/2023 |
|
|
|
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. |
|
|
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. |
|
|
|
News Id | | Source | Stamp | country |
3051 | Conservationists buy fishing licence in Great Barrier Reef to create net-free safe haven for dugongs | theguardian | 2022-03-14 | AU |
3052 | Fish Found Covered in Strange Circular Bite Marks: 'Really Weird Stuff Going On' | newsweek | 2022-03-15 | NZ |
3053 | 'Technological creep’ and why some worry it's destroying fishing? | PennLive | 2022-03-17 | US |
3054 | East Toba and Montrose Hydroelectric Project | canadianconsultingengineer | 2012-03-01 | CA |
3055 | Woman, 52, who ran illegal flounder operation fined, has boat seized | nzherald | 2022-03-06 | NZ |
3056 | 2nd state record fish caught in Georgia river in just over a year | Fox News | 2022-03-07 | US |
3057 | Fishermen catch a rare fish weighing 1000kgs, costs around Rs. 40,000 | thehansindia | 2022-03-10 | IN |
3058 | Harvey George, master carver of fish boats, dies | sookenewsmirror | 2022-03-07 | US |
3059 | The gilled menace: San Marcos researchers try to stop invasive suckermouth catfish | Express-News | 2022-03-07 | US |
3060 | Sleeping with fishes: Australian scientists discover some sharks do need their shut-eye | theguardian | 2022-03-09 | UK |
3061 | New Research Shows How Antarctic Fish Have Adapted To Freezing Water Temperatures | opticflux | 2022-03-09 | US |
3062 | Meet the Rainbow Fish! Stunning new species of wrasse is discovered living in the 'twilight zone' off the coast of the Maldives | dailymail | 2022-03-10 | UK |
3063 | Alarming catch: Why Yellowstone is worried about this fish | usatoday | 2022-03-10 | US |
3064 | River fishing limits remain 11 years after nuclear disaster | THE ASAHI SHIMBUN | 2022-03-07 | JP |
3065 | Clever Whales and the Violent Fight for Fish on the Line | hakaimagazine | 2022-03-08 | US |
3066 | The unprecedented effort to save one of Africa's most threatened fish | nationalgeographic | 2022-03-08 | UK |
3067 | Wild fish stocks squandered to feed farmed salmon, study finds | theguardian | 2022-03-02 | UK |
3068 | She went from show diver to aquarium curator | independenttribune | 2022-03-08 | UK |
3069 | Platteville fish dealer convicted in state’s first invasive carp case | nbc15 | 2022-03-10 | US |
3070 | How do blind cavefish survive their low-oxygen environment? | University of Cincinnati | 2022-03-13 | US |
3071 | One fish, two fish: New goby species described from the Philippines | mongabay | 2022-02-21 | PH |
3072 | Would you eat fish or prawns caught in the Brisbane River? For some anglers it's back on the menu | ABC Radio Brisbane | 2022-02-23 | AU |
3073 | Huge haul: NH tuna captain reels in 800 pound fish | whdh | 2022-02-23 | US |
3074 | China puts total fishing ban on ailing Yellow River’s upper reaches | scmp | 2022-02-26 | CN |
3075 | Huge Great White Snatches 100lb Tuna From Fisherman, Leaving His Hand 'All Cut Up' | MSN | 2022-03-06 | US |
|
|
|
|
|