Japan Fishing Equipment Market Overview, 2028

Japan Fishing Equipment Market Overview, 2028

Fishing has played an important role in Japanese culture for centuries. Fishing is not only a means of subsistence and commerce but also a popular recreational activity and a cultural tradition. Traditional Japanese fishing methods include ""ukai,"" which is cormorant fishing; ""ayu-nobori,"" which is ayu fishing using a long bamboo pole; and ""tsuribori,"" which is hand-line fishing. Fishing is also a popular sport in Japan, with many enthusiasts taking part in freshwater and saltwater fishing. Bass fishing, in particular, is very popular, with many anglers using specialised lures and techniques to catch largemouth and smallmouth bass. One of the most unique aspects of fishing culture in Japan is the concept of ""tsuri,"" which refers to the practise of fishing for pleasure rather than for food or commercial purposes.

According to the research report ""The Japan Fishing Equipment Market Overview, 2028,"" published by Bonafide Research, the Japan Fishing Equipment market was valued at more than USD 425 Million in 2022. Fishing equipment is of great importance in Japan, as fishing is not only a popular recreational activity but also an important industry in the country. Fishing equipment manufacturers in Japan are known for their high-quality products, innovative designs, and advanced technologies. One of the most important fishing equipment products in Japan is fishing rods. Japanese fishing rods are known for their sensitivity, strength, and precision and are designed to meet the needs of various fishing techniques and environments. Many fishing enthusiasts in Japan prefer to use domestically made fishing rods for their superior quality and performance. Based on the product types of the fishing equipment, it includes the hooks, lines, sinkers, and floats; rods, reels, nets, and traps; spears and gaffs; baits and lures; and others. Reels and Baits & Lures have the highest market share in the country. Reels, baits, and lures are dominant in the Japanese fishing equipment market because they are essential tools for fishing and are used by a wide range of anglers. Japanese reel manufacturers are known for their precision engineering, high-quality materials, and advanced technologies, which make their reels popular among both professional and amateur anglers.

In Japan, the number of recreational anglers has been steadily increasing over the past decade, with a growing number of people taking up fishing as a hobby. In addition to recreational fishing, there are also many commercial anglers in Japan who engage in fishing for a living. These include fishermen who work in the commercial fishing industry as well as fish farmers who raise fish for food. Overall, fishing is a popular and important activity in Japan, with a significant number of people engaging in recreational and commercial fishing. The country's long coastline and numerous rivers and lakes provide ample opportunities for fishing enthusiasts to pursue their hobby or profession. Based on the nature of the fishing, it includes segments like salt water, fresh water, and flying fish. The Freshwater segment holds a significant share of the Japanese fishing equipment industry. In the future, the saltwater segment will grow with the highest CAGR.

Events and shows provide fishing enthusiasts with the opportunity to see the latest fishing equipment and accessories, learn about new techniques and technologies, and network with other fishing enthusiasts and professionals. The Japan Fishing Show is one of the largest fishing shows in Japan, held annually in Yokohama. The show features exhibitors showcasing the latest fishing equipment and accessories, as well as seminars and workshops on various fishing techniques and topics. The Osaka Fishing Festival is a popular fishing event held annually in Osaka. The festival features a wide variety of fishing-related activities, including demonstrations, seminars, and workshops on fishing techniques, as well as booths selling fishing equipment and accessories. The Tokyo Fishing Show is another popular fishing show held annually in Tokyo. The show features exhibitors showcasing the latest fishing equipment and accessories, as well as seminars and workshops on various fishing techniques and topics. Fishing Gear Exhibition is a trade show for fishing equipment and accessories held annually in Tokyo. The show is aimed at fishing industry professionals and features a wide range of exhibitors showcasing the latest fishing equipment and accessories.

There are several technological trends in fishing equipment in Japan, including many fishing equipment manufacturers in Japan are incorporating digital technology into their products, such as fish finders, GPS systems, and mobile apps that help anglers find and catch fish more easily. Japanese manufacturers are using advanced materials like carbon fibre to create stronger, lighter, and more durable fishing rods and other equipment. This allows for more efficient casting and greater sensitivity, which can lead to more successful fishing. Based on the distribution channel, which includes both online and offline, the offline segment held a major share in the Japanese fishing equipment market. Some of the top specialty stores include Fishing Gear Shibuya, Megabass, and JDM Tackle Heaven. Local manufacturers of fishing equipment in Japan are Shimano, Daiwa, and Tenkara Rod Co.

Considered in this report
• Geography: Japan
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028

Aspects covered in this report
• Japan Fishing Equipment market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Type
• Hooks
• lines
• Sinkers & floats
• Rods
• Reels
• Nets & Traps
• Spears& Gaffs
• Baits & Lures.
• Others

By Nature
• Fresh water
• Salt water
• Fly Fishing

By Distribution Channel
• Online
• offline

The approach of the report:
This report consists of a combined approach of primary and secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in it. The secondary research consists of third-party sources such as press releases, annual reports of companies, government-generated reports, and databases. After gathering the data from secondary sources, primary research was conducted by making telephone interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this; we have started doing primary calls to consumers by equally segmenting them in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we can start verifying the details obtained from secondary sources.

Intended audience:
This report can be useful to industry consultants, manufacturers, suppliers, associations and organizations related to the Fishing Equipment industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing and presentations, it will also increase competitive knowledge about the industry.