| 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 |
| 3751 | Invasion of goldfish turns Colorado lake into giant fishbowl | digitaljournal | 2015-04-07 | US |
| 3752 | No, Fish Won't Swim Up Your Hoohah If You Pee In the Amazon River | gizmodo | 2015-04-08 | US |
| 3753 | Costco will buy most farmed salmon from Norway, not Chile | seattletimes | 2015-03-27 | US |
| 3754 | Capture of a Giant Trevally Off Panama Makes History | sportfishingmag | 2015-03-23 | PA |
| 3755 | Satellites Will Guard New Marine Reserve From Fish Pirates | popsci | 2015-03-19 | UK |
| 3756 | See the resemblance? Catfish named for ‘Star Wars’ character | CNN | 2015-03-17 | US |
| 3757 | 66-Inch Sturgeon Revived By Wildlife Officers, Returned To Sacramento River; Man Cited On Poaching Charges | sanfrancisco | 2015-03-13 | US |
| 3758 | ‘Dark’ ships off Argentina ring alarms over possible illegal fishing | mongabay | 2021-06-03 | AR |
| 3759 | Fishermen busted after scheming at bass weigh-in with week-old catch, game wardens say | WBRZ | 2021-06-03 | US |
| 3760 | Tampa Bay man's family fishing trips are more than a day on the boat | fox13news | 2021-06-03 | US |
| 3761 | Feds move to protect tiny ocean fish | Monterey County Herald | 2015-03-10 | US |
| 3762 | If Delta Salmon Die, They Could Take Orcas With Them | kcet.org | 2015-03-03 | US |
| 3763 | Five Hospitalized After Eating Fugu Fish | wsj | 2015-03-02 | JP |
| 3764 | Spearing a fish through the ice is hot new trend | twincities | 2015-02-21 | US |
| 3765 | Oregon chub becomes first fish to leave endangered species list | oregonlive | 2019-01-09 | US |
| 3766 | Asian carp not advancing toward Lake Michigan, testifies Army Corps general | mlive | 2015-02-13 | US |
| 3767 | Ecologist scours pubs for mounted Murray cod in name of river research | abc | 2015-02-12 | AU |
| 3768 | 17 million pounds of carp removed so far from Utah Lake | deseret | 2015-02-12 | US |
| 3769 | Federal government to kill 11,000 cormorants to save salmon | natmonitor | 2015-02-08 | US |
| 3770 | New invasive fish discovered, threatening waters of southern United States | news wise | 2021-06-07 | US |
| 3771 | Steve Wozniak's lengthy hunt for fish species | abcaction news | 2021-06-02 | NZ |
| 3772 | Fish killed with cigarette in 'abhorrent, barbaric' incident at popular Ashfield beauty spot | nottingham post | 2021-06-04 | US |
| 3773 | Angler hauls in rare mutant fish from Connecticut River | Hartford Courant | 2015-01-04 | US |
| 3774 | We finally know why a huge, odd and enigmatic fish likes to sunbathe | BBC News | 2015-02-08 | UK |
| 3775 | Nile River may be running out of fish | Global Post | 2015-02-09 | EG |
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