Things You Should Know About Sports Fishing Equipment Market Growth in 2019


The global sports fishing equipment market is expected to grow at a CAGR of 3.80% during the forecast period. Based on product, the global sports fishing equipment market has been segmented into fishing rods, fishing reels, fishing lures, and others. 



Fishing rods are available in various lengths and can be customized according to end-user requirements. Short fishing rods bend less than long fishing rods. Long fishing rods are suitable for long-distance casting and are ideal for deep fishing. Some of the popular types of fishing rods available in the global market are casting rods, spinning rods, fly rods, and pen rods. Some of the prominent vendors that offer fishing rods in the global market are Eagle Claw Fishing Tackle Co., Pure Fishing, Shimano, and Daiwa. 

Some vendors operating in the market are focusing on expanding their product offerings by launching new variants of fishing rods. For instance, in May 2019, Okuma fishing tackle announced the launch of lightweight Nesika Surf rods with small diameters. These fishing rods feature the ultimate flex reinforcement tip technology that improves rod strength without compromising on sensitivity. The development of new variants of fishing rods with improved technologies will encourage more end-users to invest in such models, subsequently accelerating the growth momentum of the sports fishing equipment market during the forecast period. 

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