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 |
2326 | ‘River of fish’ making its way in desert is something you mustn’t miss | odishatv | 2022-10-09 | IN |
2327 | Where can the biggest bass be caught in Northeast Tennessee? | wjhl | 2022-09-23 | US |
2328 | Woman catches super rare ‘gold’ fish in her backyard pond | nypost | 2022-10-07 | US |
2329 | Snail Darter declared officially recovered, ending decades-long conservation effort | wjhl | 2022-10-04 | US |
2330 | Florida freediver catches pending world record fish with spear | usatoday | 2022-10-05 | US |
2331 | 600 dinosaur-like fish to be released into the Tennessee River | newschannel9 | 2022-10-05 | US |
2332 | Which fish are best to catch when it gets cold in Tennessee? | wjhl | 2022-09-30 | US |
2333 | Invasive fish could eradicate Tennessee bass species | wjhl | 2022-10-04 | US |
2334 | Scientists Track Eels to Their Ocean Breeding Grounds in World-First | sciencealert | 2022-10-19 | EU |
2335 | Yale researchers create a new amphibious turtle robot with shape-shifting limbs | interestingengineering | 2022-10-16 | US |
2336 | B.C. First Nations seek action on sturgeon deaths, after court blamed declines on dam | globalnews | 2022-10-13 | CA |
2337 | Sambro, N.S., fisher, fish buyer, violated law during unmonitored halibut offloads, judge rules | CBC News | 2022-10-13 | CA |
2338 | America's largest trout producer gains ASC certification | The Fish Site | 2022-10-13 | US |
2339 | Пришла осень, вода остывает, у рыбы закончилось кормовое изобилие | Охотники.ру | 2022-10-06 | RU |
2340 | Low water levels along French river help to reveal medieval fishery | medievalists | 2022-10-06 | FR |
2341 | Competitive fishing has a cheating problem, and these Canadian anglers say they've seen it happen | CBC News | 2022-10-06 | CA |
2342 | Tiny Fish at Center of 1970s Supreme Court Case Achieves Redemption | cnet | 2022-10-06 | US |
2343 | 25,000 Pounds of Invasive Carp Taken in Missouri’s Grand River | sportfishingmag | 2022-10-06 | US |
2344 | Pair of anglers embroiled in Lake Erie fishing cheating controversy indicted on felony charges | Fox News | 2022-10-12 | US |
2345 | The link between trout genetics and sustainability | The Fish Site | 2022-10-14 | FR |
2346 | Новые методы фиксации численности рыбы в водоемах России | Рыболовство. | 2022-10-13 | RU |
2347 | Объевшись мальков горбуши | Охотники.ру | 2022-10-04 | RU |
2348 | "Fishing can teach you life lessons" Words of wisdom from the streams of Appalachia | wlos | 2022-09-25 | US |
2349 | Angler reels pending-record blue catfish from Tennessee river | usatoday | 2022-09-26 | US |
2350 | Young man illegally fishing at MacRitchie Reservoir throws fish back into water | mothership | 2022-09-27 | SG |
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