Fishing Equipment Market to Reach $23 Billion, Globally, by 2032 at 4.8% CAGR 
By Allied Market Research US 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.

 
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News Id SourceStampcountry
2326‘River of fish’ making its way in desert is something you mustn’t missodishatv2022-10-09IN
2327Where can the biggest bass be caught in Northeast Tennessee?wjhl2022-09-23US
2328Woman catches super rare ‘gold’ fish in her backyard pondnypost2022-10-07US
2329Snail Darter declared officially recovered, ending decades-long conservation effortwjhl2022-10-04US
2330Florida freediver catches pending world record fish with spearusatoday2022-10-05US
2331600 dinosaur-like fish to be released into the Tennessee Rivernewschannel92022-10-05US
2332Which fish are best to catch when it gets cold in Tennessee?wjhl2022-09-30US
2333Invasive fish could eradicate Tennessee bass specieswjhl2022-10-04US
2334Scientists Track Eels to Their Ocean Breeding Grounds in World-Firstsciencealert2022-10-19EU
2335Yale researchers create a new amphibious turtle robot with shape-shifting limbsinterestingengineering2022-10-16US
2336B.C. First Nations seek action on sturgeon deaths, after court blamed declines on damglobalnews2022-10-13CA
2337Sambro, N.S., fisher, fish buyer, violated law during unmonitored halibut offloads, judge rulesCBC News2022-10-13CA
2338America's largest trout producer gains ASC certificationThe Fish Site2022-10-13US
2339Пришла осень, вода остывает, у рыбы закончилось кормовое изобилиеОхотники.ру2022-10-06RU
2340Low water levels along French river help to reveal medieval fisherymedievalists2022-10-06FR
2341Competitive fishing has a cheating problem, and these Canadian anglers say they've seen it happenCBC News2022-10-06CA
2342Tiny Fish at Center of 1970s Supreme Court Case Achieves Redemptioncnet2022-10-06US
234325,000 Pounds of Invasive Carp Taken in Missouri’s Grand Riversportfishingmag2022-10-06US
2344Pair of anglers embroiled in Lake Erie fishing cheating controversy indicted on felony chargesFox News2022-10-12US
2345The link between trout genetics and sustainabilityThe Fish Site2022-10-14FR
2346Новые методы фиксации численности рыбы в водоемах РоссииРыболовство.2022-10-13RU
2347Объевшись мальков горбушиОхотники.ру2022-10-04RU
2348"Fishing can teach you life lessons" Words of wisdom from the streams of Appalachiawlos2022-09-25US
2349Angler reels pending-record blue catfish from Tennessee riverusatoday2022-09-26US
2350Young man illegally fishing at MacRitchie Reservoir throws fish back into watermothership2022-09-27SG

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