Global Fishing Reels Market 2024-2028

Global Fishing Reels Market 2024-2028
The fishing reels market is forecasted to grow by USD 1534.63 mn during 2023-2028, accelerating at a CAGR of 4.81% during the forecast period. The report on the fishing reels market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by recreational fishing gaining traction, innovations in reel design, materials, and features, and rising demand for eco-friendly fishing equipment.

Technavio's fishing reels market is segmented as below:

By Product TypeSpinning reelBaitcasting reelSpincast reelOthersBy Distribution ChannelOfflineOnlineBy Geographical LandscapeNorth AmericaEuropeAPACSouth AmericaMiddle East and AfricaThis study identifies the rising demand for smart fishing reels as one of the prime reasons driving the fishing reels market growth during the next few years. Also, increasing marketing initiatives with respect to fishing reels and the growing trend toward saltwater fishing will lead to sizable demand in the market.

The report on the fishing reels market covers the following areas:Fishing reels market sizingFishing reels market forecastFishing reels market industry analysisThe robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading fishing reels market vendors that include BPS Direct LLC, Cixi Dongshang Fishing Tackle Co. Ltd. , Eposeidon Outdoor Adventure Inc., Globeride Inc., Jiu Yu Fishing Tackle Co. Ltd., L.L. Bean Inc., Nanjing Honor Fishing Gear Ltd., Newell Brands Inc., NINGBO ETDZ HOLDINGS LTD., NingBo HaiBao fishing tackle co. Ltd., OKUMA FISHING TACKLE Co. Ltd., Pure Fishing Inc., Rather Outdoors Corp., Rhythm Inc., SHIMANO INC., Super Retail Group Ltd., SureCatch World Pte Ltd., The Orvis Co. Inc., TICA FISHING TACKLE, and Weihai Ecooda Outdoor Products Co. Ltd.. Also, the fishing reels market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth