Global Sports Fishing Equipment Market Size, Share, And Covid-19 Impact Analysis, By Type (Hooks, Lines, Sinkers & Floats, Rods, Reels, Nets & Traps, Spears & Gaffs, and Others), By End-User (Individual Consumers, Clubs, And Sports Organizers), By Distribution Channel (Online Stores, Specialty Stores, Supermarkets/Hypermarkets, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis And Forecast 2025 - 2035

Global Sports Fishing Equipment Market Insights Forecasts to 2035

• The Global Sports Fishing Equipment Market Size Was Estimated at USD 16.41 Billion in 2024
• The Market Size is Expected to Grow at a CAGR of around 4.92% from 2025 to 2035
• The Worldwide Sports Fishing Equipment Market Size is Expected to Reach USD 27.83 Billion by 2035
• Asia Pacific is expected to grow the fastest during the forecast period.

According to a research report published by Spherical Insights & Consulting, The Global Sports Fishing Equipment Market Size was worth around USD 16.41 billion in 2024 and is predicted to grow to around USD 27.83 billion by 2035 with a compound annual growth rate (CAGR) of 4.92% from 2025 to 2035. Rising disposable income, increasing participation in recreational fishing activities, and technological advancements are increasing the sports fishing equipment market.

Market Overview

The sport fishing equipment is used on goods like fish lines, fish rods and fish hooks. They are utilized in the fishing of fish where there is no use of gear, trawling, seining, bag net fishing, grappling, line fishing, stunning, trapping, and gillnetting. Artificial or natural lures are attached to the fishing lines to attract, retain, and catch the fish. These lines are equipped with reels for fly fishing, casting, and spinning to assist in catching large-sized shellfish and fish. Handheld devices like harpoons and spears are also utilized, which can be thrown with a push to injure and trap the fish. Furthermore, shifting consumer trends and tastes have an impact on the global sports fishing equipment market in addition to new product innovation. Green fishing practices such as catch-and-release fishing and the use of green products are gaining momentum with environmentally conscious anglers. For instance, companies are developing intelligent products such as Garmin Striker series that features GPS and sonar capabilities, and smart rods that link to cellular apps in order to track fishing patterns and environmental conditions. Recent trends highlight the growing popularity of sustainable fishing practices, leading to a surge in demand for eco-friendly equipment and accessories.
 

Report Coverage

This research report categorizes the sports fishing equipment market based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the sports fishing equipment market. Recent market developments and competitive strategies, such as expansion, product launch, development, partnership, merger, and acquisition, have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyzes their core competencies in each sub-segment of the sports fishing equipment market.

Driving Factors

The sports fishing equipment market is driven by the rising levels of outdoor recreational activities, especially among the younger generations. Improved disposable incomes and increased awareness about water-friendly living are also influencing customers to spend money on high-quality fishing equipment with eco-friendliness. Recent trends highlight the growing popularity of sustainable fishing practices, leading to a surge in demand for eco-friendly equipment and accessories.
 

Restraining Factors

Overfishing is particularly relevant for locales of our planet where there are somewhat lax fishing regulations, and no one really controls anglers and the amount they catch. One of the key pitfalls is seasonal demand for fishing, which may result in sales volatility and stock issues for retailers. Moreover, the increasing raw material price and motivating costs can dictate pricing strategies, and hence, high-quality fishing equipment goes beyond the affordability of price-sensitive customers.

Market Segmentation

The sports fishing equipment market share is classified into type, end-user, and distribution channel.

• The hooks segment held the largest market share in 2024 and is anticipated to grow CAGR during the forecast period.

Based on the type, the global sports fishing equipment market is segmented into hooks, lines, sinkers & floats, rods, reels, nets & traps, spears & gaffs, and others. Among these, the hooks segment held the largest market share in 2024 and is anticipated to grow CAGR during the forecast period. This is due to a fish hook is a U-shaped or curved piece of solid wire that is connected to a fishing line on one end and sharpened on the other. Furthermore, the hook's materials, styles, sizes, and shapes can all be altered to suit its intended use. Fish hooks of today come in a wide variety of shapes, sizes, and materials.

• The sports organizers segment is expected to witness the fastest growth during the forecast period.

Based on end users, the global sports fishing equipment market is segmented into individual consumers, clubs, and sports organizers.  Among these, the sports organizers segment is expected to witness the fastest growth during the forecast period. This is due to the increasing number of competitive fishing tournaments, such as the Bisbee Black and Blue and the White Marlin Open, which drive demand for equipment.

• The online stores segment is anticipated to grow at the fastest CAGR during the forecast period.

Based on distribution channels, the sports fishing equipment market is segmented into online stores, specialty stores, supermarkets/hypermarkets, and others. Among these, the online stores segment is anticipated to grow at the fastest CAGR during the forecast period.   This is due to offering a wide range of products and the convenience of home delivery. The growth of e-commerce platforms has made it easier for consumers to access a variety of fishing gear, compare prices, and read reviews, thereby driving the online segment's growth.

Regional Segment Analysis of the Sports Fishing Equipment Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

North America is anticipated to hold the largest share of the sports fishing equipment market over the predicted timeframe.

North America is anticipated to hold the largest share of the sports fishing equipment market over the predicted timeframe. Rising living standards and population growth are driving growth in the sports fishing equipment market. As income levels improve in this region, there is a rapid increase in demand for fishing gear. People's and children's increased interest in fly fishing, freshwater fishing, and saltwater fishing is another factor driving the sector's growth.

Asia Pacific is expected to grow the fastest during the forecast period. This is sport fishing has grown in popularity as a leisure activity in nations like China, Japan, and India as disposable income has increased. The usage of cutting-edge equipment like corrosion-resistant reels and environmentally friendly lures, as well as the increasing acceptance of fishing as a recreational activity, are driving demand. Modern sports fishing equipment is also more necessary as a result of government programs that encourage sustainable fishing and coastal enjoyment.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the sports fishing equipment market, along with a comparative evaluation primarily based on their product offerings, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborate analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Shimano Inc.
• Pure Fishing Inc.
• Daiwa Corporation
• Rapala VMC Corporation
• Johnson Outdoors Inc.
• Okuma Fishing Tackle Co. Ltd.
• Gamakatsu Co. Ltd.
• Eagle Claw Fishing Tackle Co.
• St. Croix Rods
• Abu Garcia
• Penn Fishing Tackle Manufacturing Company
• Zebco
• Tica Fishing Tackle
• 13 Fishing
• Other
   

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs) 

Recent Development

• In August 2024, ADIHEX unveiled its largest fishing & marine sports section, which included state-of-the-art fishing gear, environmentally friendly gear, and contemporary technology. The event, highlighting both Emirati fishing traditions and sustainability, attracted enthusiasts with innovative rods, reels, and accessories for enhanced angling experiences.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2025 to 2035. Spherical Insights has segmented the sports fishing equipment market based on the below-mentioned segments: 

Global Sports Fishing Equipment Market, By Type

• Hooks
• Lines
• Sinkers & Floats
• Rods, Reels
• Nets & Traps
• Spears & Gaffs
• Others

Global Sports Fishing Equipment Market, By End-User

• Individual Consumers
• Clubs
• Sports Organizers

Global Sports Fishing Equipment Market, By Distribution Channel

• Online Stores
• Specialty Stores
• Supermarkets/Hypermarkets
• Others

Global Sports Fishing Equipment Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa