The global Sports Fishing Equipment market is valued at 12600 million US$ in 2018 is expected to reach 16100 million US$ by the end of 2025, growing at a CAGR of 3.1% during 2019-2025.

Los Angeles, CA -- (SBWire) -- 02/05/2019 --Sports fishing equipment is the equipment used when fishing. Almost any equipment or gear used for fishing can be called fishing equipment. Some examples are Rods, Reels & Poles, Lures, Flies & Baits, Fishing Lines and Hooks.

North America demand of sports fishing equipment accounted for the highest market share (36.7%) in 2016, followed by Europe. China is expected to maintain the highest growth rate for the next five years owing to the increment of resident income and the growth of downstream applications.

The global sports fishing equipment industry mainly concentrates in North America, Europe, Japan and China. The global are rather scattered, the global leading players in this market are Newell (Jarden Corporation), Globeride(Daiwa), Shimano, Rapala VMC Corporation and Weihai Guangwei Group, which accounts for about 26% of total production value in 2016.

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The sports fishing equipment are mainly used by freshwater fishing, saltwater fishing. The main application is freshwater fishing, which accounts for above 64% and it is forecasted that share will be maintain in 2022.

Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area, the future will still have more new investment enter the field. In the next five years, the demand value of sports fishing equipment is forecasted to keep slow increasing.

The global Sports Fishing Equipment market is valued at 12600 million US$ in 2018 is expected to reach 16100 million US$ by the end of 2025, growing at a CAGR of 3.1% during 2019-2025.

This report focuses on Sports Fishing Equipment volume and value at global level, regional level and company level. From a global perspective, this report represents overall Sports Fishing Equipment market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.

At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

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The following manufacturers are covered:

Globeride(Daiwa)

Shimano

Newell

Rapala VMC Corporation

Weihai Guangwei Group

Dongmi Fishing

RYOBI

Pokee Fishing

Cabela's Inc.

Eagle Claw

Humminbird

St. Croix Rods

Gamakatsu

Tica Fishing

DUEL(YO-ZURI)

Tiemco

Preston Innovations

Beilun Haibo

AFTCO Mfg.

O. Mustad & Son

Okuma Fishing

Barfilon Fishing

Segment by Regions

North America

Europe

China

Japan

Segment by Type

Rods, Reels and Components

Line, Leaders

Lures, Files, Baits

Terminal Tackle

Electronics

Segment by Application

Freshwater Fishing

Saltwater Fishing

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