Fishing Rods Market Outlook 2022-2030: Fishing Rods Market Growth is projected to grow at a compound annual growth rate (CAGR) of 4.8% from its estimated worth of around USD 1,096.98 million in 2022 to USD 1,149.64 million by 2030. Mostly used for sport fishing, a fishing rod is a long, thin pole with hooks and a line attached. It is usually long, cylindrical, and flexible, and is composed of steel, fiberglass, or wood. Casting lines with hooks fastened to the rod's free end is how fishermen use fishing rods to capture fish. To attract fish, bait or lures are utilized, such as artificial lures, live insects, or worms. To assist customers, throw lines more precisely and farther, fishing rod manufacturers provide a variety of features and capabilities. There are many different kinds of fishing rods, such as casting, spinning, and fly-fishing rods. Request for A Sample of This Research Report @ https://wemarketresearch.com/samplerequest/fishing-rods-market/762 Market Growth: Growing interest in fishing and related activities among kids has given stakeholders new commercial options. Moreover, both adults and kids now enjoy going fishing as an outdoor pastime. Fishing helps kids learn patience and focus, so parents urge their kids to start. There are also various short fishing poles available, particularly for kids. There are kidfriendly character designs available for this short rod equipment. Thus, the market for fishing rods is growing as a result of children's growing interest in fishing activities and the availability of fishing equipment for kids. Market Dynamics: Fishing in lakes, ponds, rivers, and other bodies of water is becoming a popular sport and recreational activity. Due to many pastime and foster awareness programs implemented by multiple fish clubs and societies worldwide, the demand for fishing rods is only growing. The worldwide fishing rod market is expanding due in part to technological developments that have improved the effectiveness of equipment and fishing rod design. The growing disposable income of individuals in industrialized nations is contributing to the market's acceleration. However, the development of the major companies in the worldwide fishing rod industry is being hampered by worries about the preservation of native aquatic populations and the influence on the marine ecology. Challenges in the Fishing Rods Market Environmental Concerns: Fishing can have negative environmental impacts, including plastic pollution and overfishing. Manufacturers are increasingly being pressured to produce sustainable products. Cost of High-End Equipment: Premium fishing rods with advanced materials and features are costly, which may deter budget-conscious consumers.
Supply Chain Issues: Like many industries, the fishing equipment market has faced supply chain disruptions due to global events, impacting the availability and cost of materials. Enquire for customization in Report @ https://wemarketresearch.com/customization/fishing-rods-market/762 Trends in Fishing Rods • • • •
Spinning Rods: Versatile and popular among beginners and seasoned anglers alike, these rods are widely used for various fishing applications. Casting Rods: Known for their accuracy and control, casting rods are ideal for more experienced anglers and are commonly used in freshwater environments. Fly Rods: Designed for the art of fly fishing, these rods are lightweight and flexible, providing finesse for catching trout, salmon, and other fly fish species. Trolling Rods: Ideal for catching larger fish, trolling rods are typically sturdier and used in open water or ocean settings.
Technological Advancements •
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Smart Rods: Equipped with sensors and Bluetooth connectivity, smart fishing rods can relay real-time data about water temperature, fish activity, and even suggest techniques for improved catches. Enhanced Rod Durability: New coatings and treatments are being developed to protect rods from corrosion, UV damage, and general wear and tear, increasing their lifespan. Customization and 3D Printing: Some manufacturers now offer customizable rods tailored to the angler’s preferences. 3D printing technology also enables more precise designs and material usage, reducing waste and lowering production costs.
Market Segments: On the basis of raw material: • • • •
Bamboo Fibreglass Carbon fibre others
On the basis of product type: • • • •
spinning rods fly fishing rods casting rods others
On the basis of application: • •
competitive casting recreational
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commercial Others
On the basis of distribution channel: • • •
Offline Online Others
Future Outlook The future of the fishing rods market looks promising. As manufacturers continue to innovate and adapt to environmental challenges, we can expect to see even more sustainable, durable, and technology-driven products in the market. The trend toward customization and eco-friendly solutions will likely dominate the landscape, along with an increased focus on engaging younger and more diverse audiences in fishing. Market Regional Analysis: North America currently holds the dominant position in the global Fishing Rods Market, driven by the substantial demand for fishing sports in the region. This trend of dominance is expected to continue during the forecast period. Additionally, Asia-Pacific is projected to experience significant growth, attributed to a notable increase in fish consumption and rising personal disposable income in the region. Key Market Players Involve in this market are: 1. TIEMCO Ltd. 2. TICA FISHING TACKLE. 3. St. Croix Rods. 4. SHIMANO INC. 5. POKEE FISHING TACKLE 6. Ryobi Limited. 7. Preston Innovations. 8. AFTCO 9. SAGE 10. Pure Fishing, Inc. 11. S.C. ADDYA & CO. PVT. LTD., 12. R. L. Winston Rod Company 13. Pride Rods 14. Moonshine Rod Company 15. and Rawson Fishing Ltd. Conclusion The market for fishing rods is changing in tandem with changes in consumer preferences, advancements in technology, and environmental concerns. The industry provides an increasing range of rods for every fishing style and skill level, whether you're a weekend fisherman or a competition fisherman. The fishing rods market is well-positioned for a
robust and sustainable future because to these advancements and a strong base of worldwide interest. Click Here for Purchase Report @ https://wemarketresearch.com/purchase/fishing-rodsmarket/762?license=single About We Market Research: WE MARKET RESEARCH is an established market analytics and research firm with a domain experience sprawling across different industries. We have been working on multi-county market studies right from our inception. Over the time, from our existence, we have gained laurels for our deep rooted market studies and insightful analysis of different markets. Contact Us: Mr. Robbin Joseph Corporate Sales, USA We Market Research USA: +1-724-618-3925 Websites: https://wemarketresearch.com/ Email:
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