Middle East and Africa Fishing Reels Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Spinning Reel, Baitcasting Reel, Spincast Reel, and Others), and Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Re

Middle East and Africa Fishing Reels Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Spinning Reel, Baitcasting Reel, Spincast Reel, and Others), and Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Retail, and Others)

The Middle East and Africa fishing reels market is expected to reach US$ 434.55 million by 2028 from US$ 334.71 million in 2021; it is estimated to register a CAGR of 3.8% from 2021 to 2028. The region is in the developing stage of fishing activities carried out across the region. The latest trend has increased the fly-fishing activities in the countries across the Middle East and Africa, and specific places in the countries are dedicated to fly fishing activities and fly-fishing trips across the region. The increasing fly fishing trend across the countries increases demand for fly fishing reels, which is an ideal option for fly fishing. Along with this, in some countries, fishing activities are carried out in freshwater, leading to an increase in demand for freshwater reels. Thus, a rise in the demand for fly-fishing and freshwater fishing increases demand for fishing reels, thereby leading to a growth in the fishing reel market across the Middle East and Africa. Further, increased penetration of e-commerce in the Middle East and Africa positively impacts the fishing reel market, making the product easily available for consumers across the region.

South Africa had the largest number of COVID-19 cases in the Middle East & Africa region, followed by Saudi Arabia and the UAE. The UAE was the first country in the Middle East & Africa to report a confirmed case of COVID-19. Due to the lockdown, various manufacturing companies related to consumer goods were closed, leading to the reduction in the manufacturing of fishing reels. Further, the Middle East & Africa is mostly dependent on the Asia Pacific countries for the supply of fishing reels, which heavily impacted the restriction on import and export during the COVID-19 pandemic due to increased shipping cost, thereby restricting the market growth. The emerging fly-fishing trends in some countries in the Middle East & Africa is leading to an increase in demand for fishing reels. The vaccination campaign and the relaxations regarding the import and export activities are positively impacting the fishing reels market.

Based on type, the Middle East and Africa fishing reels market is segmented into spinning reel, baitcasting reel, spincast reel, and others. The spincast reel segment is expected to register the highest CAGR during the forecast period. The spincast reel is one of the most accessible reels to operate, ideal for all ages. This reel has a cover or closed face that protects all of the reel's essential parts. To use the reel, press down on the thumb button on the back of the reel while casting forward, peeling the line out. The line stops peeling out when the user releases the button, making it easier to control. The main benefits of using a spincast reel are that they are easy to use and rarely cause line tangles, and they are the cheapest type of fishing reel, costing around $20 usually. Spincast reels are simple to use and inexpensive, but they have some drawbacks, such as their closed-face design traps water and debris inside the reel, which can harm it over time, and spin casters have a limited casting range and aren't as precise as other reel types.

The overall Middle East and Africa fishing reels market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information about the market. The process also serves the purpose of obtaining an overview and forecast of the Middle East and Africa fishing reels market with respect to all the segments. Moreover, multiple primary interviews have been conducted with industry participants to validate data and gain more analytical insights into the topic. The participants involved in this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers—along with external consultants such as valuation experts, research analysts, and key opinion leaders—specializing in the Middle East and Africa fishing reels market. The key companies operating in the market include Rather Outdoors LLC; The Orvis Company; Cadence; NingBo HaiBao fishing tackle co., Ltd.; and Cabela’s LLC.

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