Market New Research Sports Fishing Equipment Market Manufacturers,
Sports Fishing Equipment Market
Manufacturers, Types, Regions and
Application Research Report Forecast to 2025
“Rising participation in fishing activities by people of all ages
(particularly youth and females), increasing popularity of
fishing, and rise in demand for sports fishing equipment are
some of the factors driving the market. Moreover, increase in
demand for sea food and increasing disposable income of
consumers are also expected to drive the market growth.”
Global Sports Fishing Equipment Market is expected to grow significantly in the forecast period due to rising
popularity of fishing. Sport fishing is carried out fishing equipment like hooks, line, reel, rods, etc. These equipment
are mostly used by the participants in sports fishing who are also known as anglers.
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Rising participation in fishing activities by people of all ages (particularly youth and females), increasing popularity of
fishing, and rise in demand for sports fishing equipment are some of the factors driving the market. Moreover,
increase in demand for sea food and increasing disposable income of consumers are also expected to drive the market
growth. However, several taxes imposed for fishing and motorboat fuel are hampering the growth of the market.
Increasing popularity of spearfishing is an emergent trend witnessed by sports fishing equipment market. Additionally,
advent of fish aggregating devices (FADS) is also attracting larger audience, mostly in the Caribbean islands. The
changing food lifestyle of consumers on the global scale is expected to offer opportunities to the market.