Sports Fishing Equipment Market Rising Demand and Sales 2018 to 2022

“Global Sports Fishing Equipment Market 2018-2022” presents an in-depth assessment of the Sports Fishing Equipment including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for Sports Fishing Equipment investments from 2018 till 2022.

Our analysts forecast the global sports fishing equipment market to grow at a CAGR of 3.71% during the period 2018-2022.

This report provides a detailed analysis of the Sports Fishing Equipment market with description of market sizing and growth, segmentation of market by products & services and major markets, top market players etc. The report recapitulates the factors that will be responsible for the growth in the market in the forecasted period.

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Essential points covered in Global Sports Fishing Equipment Market 2018 Research are:-

  • What will the market size and the growth rate be in 2022?
  • What are the key factors driving the Global Sports Fishing Equipment market?
  • What are the key market trends impacting the growth of the Global Sports Fishing Equipment market?
  • What are the challenges to market growth?
  • Who are the key vendors in the Global Sports Fishing Equipment market?
  • What are the market opportunities and threats faced by the vendors in the Global Sports Fishing Equipment market?
  • What are the key outcomes of the five forces analysis of the Global Sports Fishing Equipment market?

This independent 117 pages report guarantees you will remain better informed than your competition. With over 200 tables and figures examining the Sports Fishing Equipment market, the report gives you a visual, one-stop breakdown of the leading products, submarkets and market leader’s market revenue forecasts as well as analysis to 2022.

Furthermore, the report provides a detailed analysis of the Global Sports Fishing Equipment market with analysis of market size by value and volume. Along with this, an analysis of penetration rate and the average revenue generated per user (ARPU) in the market has also been done.

The market is divided into the following segments based on geography: Americas, APAC, EMEA.


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MIR Announces the Publication of its Research Report: Global Sports Fishing Equipment Market 2018-2022

Commenting on the report, an analyst from MIR’s team said: The latest trend gaining momentum in the market is the advent of FADS. The introduction of fish aggregating devices (FADS) is drawing the attention of several sports fishermen, particularly in the Caribbean islands. Fishermen bait primary species such as mahi-mahi, billfish, and small to medium-sized tuna using FADS. Fishermen in the Dominican Republic are increasingly adopting FADS to trap billfish. Various fishermen also adopt these devices in areas such as eastern Atlantic side of Antigua, St. Lucia, and the west coast fishing villages.

According to the report, one of the major drivers for this market is the rising popularity of fishing. People of all age group are increasingly participating in fishing because it is considered as a popular recreational activity Fishing activity not only forges a deep connection with nature but also fosters bonding with family and friends and encourages wellness. The number of new fishing participants comprising of female and youth is higher in comparison to the general fishing population. In addition, freshwater fishing is considered as the most popular form of fishing as participants extensively prefer fishing in fresh water over salt water. Consequently, the demand for sports fishing equipment will also increase.

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 a SWOT analysis of the key vendors.

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