U.S. Fishing Goods Market Size, Share & Trends Analysis Report By Product (Apparel, Footwear, Equipment), Price Range (Mass, Premium), Distribution Channel (Online, Sporting Goods Retailers), And Segment Forecasts, 2024 - 2030

June 2024 | 80 pages | ID: U8E73910D56EEN
Grand View Research, Inc.

Abstracts

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U.S. Fishing Goods Market Growth & Trends

The U.S. fishing goods market size is expected to reach USD 10.95 billion by 2030, growing at a CAGR of 3.2% from 2024 to 2030, according to a new report by Grand View Research, Inc. Recreational fishing continues to gain popularity as more Americans seek outdoor leisure activities. The pandemic-induced shift towards outdoor recreation has played a significant role in boosting fishing participation rates. Families and individuals are turning to fishing to relax and connect with nature. This growing interest translates into higher demand for fishing goods, from basic fishing rods and tackle to advanced equipment, contributing to market expansion.

The fishing goods market is benefiting from continuous technological innovations. High-tech fishing gear, including smart rods and reels, sonar devices, and GPS-enabled fish finders, enhances the fishing experience by improving efficiency and success rates. These advancements attract both seasoned anglers and tech-savvy younger generations, driving sales. Additionally, developing eco-friendly and sustainable products appeals to environmentally conscious consumers, further fueling the market growth.

Environmental consciousness is increasingly influencing consumer preferences in the fishing goods market. There is a growing demand for products that are sustainably produced and environmentally friendly. Manufacturers are responding by developing biodegradable lures, eco-friendly fishing lines, and sustainable apparel. These products not only meet the expectations of ecologically conscious consumers but also comply with regulatory standards aimed at protecting aquatic ecosystems and supporting market growth.

Additionally, the economic impact of fishing cannot be overlooked. Fishing contributes significantly to local economies, particularly in coastal and rural areas where tourism and related services thrive on fishing activities. The market benefits from the influx of visitors who spend on accommodations, charter services, fishing guides, and other local businesses. This economic boost is further supported by investments in infrastructure, such as the development of fishing piers, boat ramps, and recreational facilities, which enhance the overall fishing experience and accessibility.

U.S. Fishing Goods Market Report Highlights

• The fishing apparel market is expected to grow at a CAGR of 2.7% from 2024 to 2030. Technological innovations in fabric and design are pivotal in driving the growth of the fishing apparel market. Modern fishing clothing incorporates advanced materials that offer superior protection against the elements, such as UV-resistant fabrics, moisture-wicking technology, and breathable materials that keep anglers comfortable in various weather conditions.
• The premium fishing goods market is expected to grow at a CAGR of 3.8% from 2024 to 2030. This growth is driven by increasing disposable incomes and a willingness among consumers to invest in high-quality, durable, and technologically advanced fishing equipment. Premium products often offer superior performance, longevity, and innovative features that appeal to serious anglers. This segment’s growth contributes significantly to the overall market value.
• Online sales of fishing goods are projected to grow at a CAGR of 4.6% from 2024 to 2030, significantly contributing to the market’s overall growth. The convenience, extensive product selection, and competitive pricing offered by online retailers are major draws for consumers. The rise of e-commerce platforms and advancements in online retail technology, including augmented reality for product visualization and personalized shopping experiences, enhance customer satisfaction and drive online sales.

Contents

CHAPTER 1. METHODOLOGY AND SCOPE

1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
  1.3.1. Purchased Database
  1.3.2. GVR’s Internal Database
  1.3.3. Secondary Sources & Third-Party Perspectives
  1.3.4. Primary Research
1.4. Information Analysis
  1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing

CHAPTER 2. EXECUTIVE SUMMARY

2.1. Market Outlook
2.2. Product Outlook
2.3. Price Range Outlook
2.4. Distribution Channel Outlook
2.5. Competitive Insights

CHAPTER 3. U.S. FISHING GOODS MARKET VARIABLES, TRENDS & SCOPE

3.1. Market Lineage Outlook
3.2. Industry Value Chain Analysis
  3.2.1. Sales/Retail Channel Analysis
  3.2.2. Profit Margin Analysis
3.3. Market Dynamics
  3.3.1. Market Driver Analysis
  3.3.2. Market Restraint Analysis
  3.3.3. Industry Challenges
  3.3.4. Industry Opportunities
3.4. Industry Analysis - Porter’s
3.5. Market Entry Strategies

CHAPTER 4. CONSUMER BEHAVIOR ANALYSIS

4.1. Demographic Analysis
4.2. Consumer Trends and Preferences
4.3. Factors Affecting Buying Decision
4.4. Consumer Type Adoption
4.5. Observations & Recommendations

CHAPTER 5. U.S. FISHING GOODS MARKET: PRODUCT ESTIMATES & TREND ANALYSIS

5.1. Product Movement Analysis & Market Share, 2023 & 2030
5.2. Equipment
  5.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
5.3. Footwear
  5.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
5.4. Equipment
  5.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
    5.4.1.1. Rods, Reels, and Components
      5.4.1.1.1. Market estimates and forecast, 2018 - 2030 (USD Million)
    5.4.1.2. Lines and Leaders
      5.4.1.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
    5.4.1.3. Lures, Flies, and Artificial Baits
      5.4.1.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
    5.4.1.4. Creels, Strings, and Landing Nets
      5.4.1.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
    5.4.1.5. Others (Skis, Snowboards, and Others)
      5.4.1.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)

CHAPTER 6. U.S. FISHING GOODS MARKET: PRICE RANGE ESTIMATES & TREND ANALYSIS

6.1. Mass
  6.1.1. Market estimates and forecast, 2018 - 2030 (USD Million)
6.2. Premium
  6.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)

CHAPTER 7. U.S. FISHING GOODS MARKET: DISTRIBUTION CHANNEL ESTIMATES & TREND ANALYSIS

7.1. Online
  7.1.1. Market estimates and forecast, 2018 - 2030 (USD Million)
7.2. Sporting Goods Retailers
  7.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
7.3. Hypermarkets & Supermarkets
  7.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
7.4. Exclusive Brand Outlets
  7.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
  7.4.2. Others
    7.4.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)

CHAPTER 8. COMPETITIVE ANALYSIS

8.1. Recent developments & impact analysis, by key market participants
8.2. Company Categorization
8.3. Participant’s Overview
8.4. Financial Performance
8.5. Product Benchmarking
8.6. Company Market Share Analysis, 2023 (%)
8.7. Company Heat Map Analysis
8.8. Strategy Mapping
8.9. Company Profiles
8.10. Pure Fishing, Inc.
  8.10.1. Company Overview
  8.10.2. Financial Performance
  8.10.3. Type Benchmarking
  8.10.4. Strategic Initiatives
8.11. Shimano North America Fishing, Inc.
  8.11.1. Company Overview
  8.11.2. Financial Performance
  8.11.3. Type Benchmarking
  8.11.4. Strategic Initiatives
8.12. Daiwa Corporation
  8.12.1. Company Overview
  8.12.2. Financial Performance
  8.12.3. Type Benchmarking
  8.12.4. Strategic Initiatives
8.13. Rapala USA
  8.13.1. Company Overview
  8.13.2. Financial Performance
  8.13.3. Type Benchmarking
  8.13.4. Strategic Initiatives
8.14. Johnson Outdoors Inc.
  8.14.1. Company Overview
  8.14.2. Financial Performance
  8.14.3. Type Benchmarking
  8.14.4. Strategic Initiatives
8.15. Eagle Claw Fishing Tackle Co.
  8.15.1. Company Overview
  8.15.2. Financial Performance
  8.15.3. Type Benchmarking
  8.15.4. Strategic Initiatives
8.16. St. Croix Rods
  8.16.1. Company Overview
  8.16.2. Financial Performance
  8.16.3. Type Benchmarking
  8.16.4. Strategic Initiatives
8.17. Lew's Fishing
  8.17.1. Company Overview
  8.17.2. Financial Performance
  8.17.3. Type Benchmarking
  8.17.4. Strategic Initiatives
8.18. Zebco (Zero Hour Bomb Company)
  8.18.1. Company Overview
  8.18.2. Financial Performance
  8.18.3. Type Benchmarking
  8.18.4. Strategic Initiatives
8.19. Plano Synergy Holdings, Inc.
  8.19.1. Company Overview
  8.19.2. Financial Performance
  8.19.3. Type Benchmarking
  8.19.4. Strategic Initiatives

List Of Tables

LIST OF TABLES


Table 1. U.S. fishing goods market - Driving factor market analysis
Table 2. U.S. fishing goods market - Restraint factor market analysis
Table 3. U.S. fishing goods market estimates & forecast, by product (USD Million)
Table 4. U.S. fishing goods market estimates & forecast, by price range (USD Million)
Table 5. U.S. fishing goods market estimates & forecast, by distribution channel (USD Million)
Table 6. U.S. macro-economic outlay
Table 7. Recent developments & impact analysis, by key market participants
Table 8. Company market share, 2023
Table 9. Company heat map analysis
Table 10. Key companies launching new products
Table 11. Companies undergoing expansions
Table 12. Key Companies involved in partnerships/acquisitions

List Of Figures

LIST OF FIGURES


Fig. 1 U.S. fishing goods market segmentation
Fig. 2 Information procurement
Fig. 3 Primary research pattern
Fig. 4 Primary research approaches
Fig. 5 Primary research process
Fig. 6 Market snapshot
Fig. 7 Product segment snapshot
Fig. 8 Price Range segment snapshot
Fig. 9 Distribution channel segment snapshot
Fig. 10 Competitive landscape snapshot
Fig. 11 U.S. fishing goods market - Value chain analysis
Fig. 12 U.S. fishing goods market - Market dynamics
Fig. 13 U.S. fishing goods market - Value chain analysis
Fig. 14 U.S. fishing goods market, by product: Key takeaways
Fig. 15 U.S. fishing goods market, by product: Market share, 2023 & 2030
Fig. 16 U.S. fishing apparel market estimates & forecasts, 2018 - 2030 (USD Million)
Fig. 17 U.S. fishing footwear market estimates & forecasts, 2018 - 2030 (USD Million)
Fig. 18 U.S. fishing equipment market estimates & forecasts, 2018 - 2030 (USD Million)
Fig. 19 U.S. rods, reels and components market estimates & forecasts, 2018 - 2030 (USD Million)
Fig. 20 U.S. lines and leaders market estimates & forecasts, 2018 - 2030 (USD Million)
Fig. 21 U.S. lures, flies, and artificial baits market estimates & forecasts, 2018 - 2030 (USD Million)
Fig. 22 U.S. creels, strings, and landing nets market estimates & forecasts, 2018 - 2030 (USD Million)
Fig. 23 U.S. other fishing goods market estimates & forecasts, 2018 - 2030 (USD Million)
Fig. 24 U.S. fishing goods market, by price range: Key takeaways
Fig. 25 U.S. fishing goods market, by price range: Market share, 2023 & 2030
Fig. 26 U.S. mass fishing goods market estimates & forecasts, 2018 - 2030 (USD Million)
Fig. 27 U.S. premium fishing goods market estimates & forecasts, 2018 - 2030 (USD Million)
Fig. 28 U.S. fishing goods market, by distribution channel: Key takeaways
Fig. 29 U.S. fishing goods market, by distribution channel: Market share, 2023 & 2030
Fig. 30 U.S. fishing goods market estimates & forecasts, through online, 2018 - 2030 (USD Million)
Fig. 31 U.S. fishing goods market estimates & forecasts, through sporting goods retailers, 2018 - 2030 (USD Million)
Fig. 32 U.S. fishing goods market estimates & forecasts, through supermarkets & hypermarkets, 2018 - 2030 (USD Million)
Fig. 33 U.S. fishing goods market estimates & forecasts, through exclusive brand outlets, 2018 - 2030 (USD Million)
Fig. 34 U.S. fishing goods market estimates & forecasts, through other channels, 2018 - 2030 (USD Million)
Fig. 35 Key company categorization
Fig. 36 Company market share analysis, 2023
Fig. 37 Strategic framework of the U.S. fishing goods market