United States (USA) Fishing Equipment Market Overview, 2028

United States (USA) Fishing Equipment Market Overview, 2028

The United States dominates the Fishing Equipment sectors in North America. The fishing equipment market is includes a wide range of products used for recreational, commercial, and sports fishing. Factors contributing to the growth of the fishing equipment market include an increase in recreational fishing activities, growing demand for advanced fishing gear, and rising disposable incomes. Additionally, the popularity of fishing tournaments and the trend towards catch-and-release fishing are driving the demand for high-quality equipment. Fishing is the most fourth popular sports in the USA, According to research by national sporting goods association. The North American region is predicted to account for a considerable share of the global fishing equipment industry. The market growth can be attributed to the increased popularity of fishing in the region.

According to the research report, ""United States Fishing Equipment Market Overview, 2028"" published by Bonafide Research, The United States Fishing Equipment market is projected to reach market size of USD 4887 Million by 2028. The US fishing equipment market is a significant industry, with a wide range of products available to consumers. The market includes everything from basic fishing rods and reels to high-tech electronics and gear. The growing trend of travel and holiday is increasing the tendency towards recreational activities such as fish hunting, which is positively gaining speed the growth of the market for fish hunting equipment. The market is driven by a growing interest in recreational fishing, as well as an increasing number of people who view fishing as a way to connect with nature and enjoy the great outdoors. Additionally, advancements in technology have led to the development of more advanced and specialized fishing equipment, which has further driven demand for fishing gear. One of the key drivers of growth in the US fishing equipment market is the increasing popularity of recreational fishing. More Americans are taking up fishing as a hobby, and this has led to an increase in demand for high-quality fishing equipment. The US fishing equipment market is a thriving industry that includes a wide range of products designed for anglers of all skill levels. According to market research reports, the industry has experienced steady growth in recent years, and is expected to continue to do so in the coming years.

There are many innovations in USA fishing equipment market like, smart fishing gear, Eco friendly fishing gear, advance fishing lines, Wearable Technology and mobile apps. The market is also driven by technological advancements, with manufacturers developing innovative products that are lighter, stronger, and more efficient than ever before. Now fishing rods are made with carbon fibre materials that provide greater sensitivity and responsiveness, while reels are designed with advanced gearing systems and drag mechanisms.

According to the American Sport fishing Association's, US recreational anglers spent approximately USD 50 billion on fishing-related expenses such as equipment, travel, and other related costs. This figure includes both the expenditure by the anglers themselves and the expenditure by the businesses and industries that support recreational fishing. In the USA close to 2Million are great lake anglers, approx. 11 million are the salt anglers, and the approx. 40 millions are the fresh water anglers. There are so many fishing equipment events was going on in the USA, some of the name of the event are, Ultimate fishing show – grand rapids held in devos place at 9th march,2023. Progressive insurance northwest sports show held in minneapoils conventional centre at 9th march,2023. York fairgrounds gun show held in memorial hall, york at 4th march,2023.
There are many water bodies in the United States that offer great fishing opportunities for hobbyists. Here are a few water bodies, Lake Ouachita, Arkansas, Lake of the Ozarks, Missouri, Lake Havasu, Arizona/California, Lake Powell, Utah/Arizona, Lake Michigan, Kenai River, Alaska. Peak fishing season in the USA occurs during the summer months, particularly from June to August. During this time, many popular species of fish such as bass, trout, salmon, and catfish are abundant and actively feeding, making it an excellent time for fishing enthusiasts. Ice fishing is a popular activity in the USA, particularly in the northern states where lakes and rivers freeze over during the winter months. Ice fishing is an opportunity for fishermen to catch a variety of fish species that are active during the winter, such as walleye, northern pike, and panfish. Ice fishing requires drilling a hole through the ice to access the water below and using specialized equipment such as ice augers, fishing rods, and ice shelters to make the experience more comfortable.

Reels are more dominant in the fishing equipment market for the USA for several reasons. One of the main reasons is that reels offer a greater degree of control and accuracy when casting and retrieving fishing line, making them an essential tool for anglers who want to catch a variety of fish species. Additionally, reels are available in a wide range of sizes and designs, from small spinning reels for light tackle fishing to large conventional reels for big game fishing, which makes them versatile and suitable for different types of fishing. Baits and lures are a crucial component of fishing equipment for the USA because they are used to attract fish to the hook and entice them to bite. They come in a wide variety of shapes, sizes, colours, and materials, and each one is designed to mimic the natural prey of different fish species. Right bait or lure, anglers can increase their chances of catching fish significantly. Additionally, baits and lures are often less expensive than other fishing equipment, making them an affordable option for anglers on a budget.

Freshwater fishing equipment is dominant in the USA fishing market because there are more opportunities for freshwater fishing compared to saltwater or flying fish fishing. The United States has an abundance of freshwater bodies, including lakes, rivers, and streams, which are home to a wide variety of fish species that are popular among anglers. Additionally, many of these freshwater bodies are easily accessible to the public, making it easier for anglers to find places to fish. It is less expensive than saltwater fishing equipment. Freshwater fishing gear such as rods, reels, and lures tend to be smaller and lighter than their saltwater counterparts, and therefore less expensive to manufacture and purchase.

North America's economy has been hit the hardest by the COVID-19 pandemic. Among all key North American countries, the United States had the highest number of confirmed COVID-19 cases. The significant disruption in manufacturing facilities, as well as raw material sourcing, has harmed the fishing equipment market. However, there was little government action to restrict fishing activity in the United States, which was combined with active campaigns to promote recreational fishing, resulting in an increase in fishing equipment sales. Along with this, there was a sustained fishing activity because the majority of anglers in the United States believe recreational fishing is a safe activity during a pandemic. Recreational fishing is on the rise in North America as vaccination campaigns are carried out, which is benefiting the fishing equipment market.
Considered in this report

• Geography: United States
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028

Aspects covered in this report
• United States 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.