- August 7, 2020
- Category: Gaming, Sports and Fitness, Other Industry Reports
Global Fishing Reels Market Size study, by Type (Spinning Reels, Spincast Reels, Baitcaster Reels, Trolling Reels, and Offshore Reels), Distribution Channel (Outdoor Sports Stores, Modern Trade, Online Retail, and Other Channels) and Regional Forecasts 2021-2027
Chapter 1. Executive Summary 1.1. Market Snapshot 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion) 1.2.1. Fishing Reels Products Market, by Region, 2019-2027 (USD Billion) 1.2.2. Fishing Reels Products Market, by Type, 2019-2027 (USD Billion) 1.2.3. Fishing Reels Products Market, by Distribution Channel, 2019-2027 (USD Billion) 1.3. Key Trends 1.4. Estimation Methodology 1.5. Research Assumption Chapter 2. Global Fishing Reels Products Market Definition and Scope 2.1. Objective of the Study 2.2. Market Definition & Scope 2.2.1. Scope of the Study 2.2.2. Industry Evolution 2.3. Years Considered for the Study 2.4. Currency Conversion Rates Chapter 3. Global Fishing Reels Products Market Dynamics 3.1. Fishing Reels Products Market Impact Analysis (2019-2027) 3.1.1. Market Drivers 220.127.116.11. The growth and development in commercial fisheries sector 18.104.22.168. Increasing interest of people in different recreational activities 22.214.171.124. Growing popularity of fishing as a sport 3.1.2. Market Challenges 126.96.36.199. In order to save the marine life, governments across the world have been implementing rules and licensing restrictions 188.8.131.52. Preference of pre used and rental fishing equipment for recreational fishing 3.1.3. Market Opportunities 184.108.40.206. Associations encouraging and promoting fishing as a sport 220.127.116.11. Increase in the number of people adopting non vegetarian diet Chapter 4. Global Fishing Reels Products Market Industry Analysis 4.1. Porter’s 5 Force Model 4.1.1. Bargaining Power of Suppliers 4.1.2. Bargaining Power of Buyers 4.1.3. Threat of New Entrants 4.1.4. Threat of Substitutes 4.1.5. Competitive Rivalry 4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027) 4.2. PEST Analysis 4.2.1. Political 4.2.2. Economical 4.2.3. Social 4.2.4. Technological 4.3. Investment Adoption Model 4.4. Analyst Recommendation & Conclusion Chapter 5. Global Fishing Reels Products Market, by Type 5.1. Market Snapshot 5.2. Global Fishing Reels Products Market by Type, Performance - Potential Analysis 5.3. Global Fishing Reels Products Market Estimates & Forecasts by Type 2018-2027 (USD Billion) 5.4. Fishing Reels Products Market, Sub Segment Analysis 5.4.1. Spinning Reels 5.4.2. Spincast Reels 5.4.3. Baitcaster Reels 5.4.4. Trolling Reels 5.4.5. Offshore Reels 5.4.6. Others Chapter 6. Global Fishing Reels Products Market, by Distribution Channel 6.1. Market Snapshot 6.2. Global Fishing Reels Products Market by Distribution Channel, Performance - Potential Analysis 6.3. Global Fishing Reels Products Market Estimates & Forecasts by Distribution Channel 2018-2027 (USD Billion) 6.4. Fishing Reels Products Market, Sub Segment Analysis 6.4.1. Outdoor Sports Stores 6.4.2. Modern Trade 6.4.3. Online Retail 6.4.4. Other Channels Chapter 7. Global Fishing Reels Products Market, Regional Analysis 7.1. Fishing Reels Products Market, Regional Market Snapshot 7.2. North America Fishing Reels Products Market 7.2.1. U.S. Fishing Reels Products Market 18.104.22.168. Type breakdown estimates & forecasts, 2018-2027 22.214.171.124. Distribution Channel breakdown estimates & forecasts, 2018-2027 7.2.2. Canada Fishing Reels Products Market 7.3. Europe Fishing Reels Products Market Snapshot 7.3.1. U.K. Fishing Reels Products Market 7.3.2. Germany Fishing Reels Products Market 7.3.3. France Fishing Reels Products Market 7.3.4. Spain Fishing Reels Products Market 7.3.5. Italy Fishing Reels Products Market 7.3.6. Rest of Europe Fishing Reels Products Market 7.4. Asia-Pacific Fishing Reels Products Market Snapshot 7.4.1. China Fishing Reels Products Market 7.4.2. India Fishing Reels Products Market 7.4.3. Japan Fishing Reels Products Market 7.4.4. Australia Fishing Reels Products Market 7.4.5. South Korea Fishing Reels Products Market 7.4.6. Rest of Asia Pacific Fishing Reels Products Market 7.5. Latin America Fishing Reels Products Market Snapshot 7.5.1. Brazil Fishing Reels Products Market 7.5.2. Mexico Fishing Reels Products Market 7.6. Rest of The World Fishing Reels Products Market Chapter 8. Competitive Intelligence 8.1. Top Market Strategies 8.2. Company Profiles 8.2.1. Shimano Inc 126.96.36.199. Key Information 188.8.131.52. Overview 184.108.40.206. Financial (Subject to Data Availability) 220.127.116.11. Product Summary 18.104.22.168. Recent Developments 8.2.2. Pure Fishing, Inc 8.2.3. Daiwa Corporation 8.2.4. Bass Pro Shops 8.2.5. Zebco 8.2.6. Jiu Yu Fishing Tackle Co., Ltd 8.2.7. NingBo HaiBao Fishing Tackle Co., Ltd. 8.2.8. Okuma Fishing Tackle Co., Ltd. 8.2.9. Weihai Guangwei Group Co., Ltd 8.2.10. Weihai Hemingway Group Co. Ltd. Chapter 9. Research Process 9.1. Research Process 9.1.1. Data Mining 9.1.2. Analysis 9.1.3. Market Estimation 9.1.4. Validation 9.1.5. Publishing 9.2. Research Attributes 9.3. Research Assumption
Global Fishing Reels Market is valued approximately USD 4.46 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 3.97% over the forecast period 2021-2027. Fishing reel is a device connected to a fishing road used in winding and stowing line and have fitting which helps in casting distance and accuracy. Some reels are designed to be mounted to the edge of the boat with pressure sensors for immediate retrieval. The growth and development in commercial fisheries sector, increasing interest of people in different recreational activities and growing popularity of fishing as a sport are driving the demand for the product. The fishing technology is continuously developing, thus employing larger and more improved ships and sophisticated fishing equipment supporting the fishing reels market at commercial level. According to the report given by Food And Agriculture Organization of the United Nations, in 2018, the global production for fisheries increased by 5.4% from the average of previous three years to reach the highest level at 96.4 million tonnes. This increase was facilitated by marine fish captures. According to Proceedings of the National Academy of Science of the United States (PNAS), approximately 220 million people enjoy recreational fishing worldwide and with the improving prosperity these numbers are rising every year. However, in order to save the marine life, governments across the world have been implementing rules and licensing restrictions, also the preference of pre used and rental fishing equipment for recreational fishing impedes the growth of the market over the forecast period of 2021-2027. Also, associations encouraging and promoting fishing as a sport as well as increase in the number of people adopting non vegetarian diet are likely to increase the market growth during the forecast period.
The regional analysis of global Fishing Reels market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is leading with the most significant market share owing to the large number of anglers & rising popularity for recreational fishing. However, Asia-Pacific is also projected to exhibit highest growth rate over the forecast period 2021-2027. Factors such as availability of various locations for hosting fishing games, disposable incomes and a shift in preference for non-vegetarian food would create prominent growth rate for the Fishing Reels Market across Asia-Pacific region.
Major market player included in this report are:
Pure Fishing, Inc
Bass Pro Shops
Jiu Yu Fishing Tackle Co., Ltd
NingBo HaiBao Fishing Tackle Co., Ltd.
Okuma Fishing Tackle Co., Ltd.
Weihai Guangwei Group Co., Ltd
Weihai Hemingway Group Co. Ltd.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Distribution Channel:
Outdoor Sports Stores
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027
Target Audience of the Global Fishing Reels Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers