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Report Name: -“2019-2023 Global Sports Fishing Equipment Consumption Market Report”
According to recent analysis, A GlobalSports Fishing Equipment marketreport provides in-depth unique Insights with Size, Share, Trends, Scope, Growth, Manufacturers, Suppliers, Distributors, Traders, Customers, Investors and Major Types as well as Applications and Forecast Period (2019 2023).Sports Fishing Equipment report provides a unique tool forevaluating the Overall Market, underlining opportunities, and supporting strategic and tactical decision-making.
Sports Fishing Equipment Market Overview:-
Sports fishing equipment is the equipment used when fishing. Almost any equipment or gear used for fishing can be called fishing equipment. Some examples are Rods, Reels and Poles, Lures, Flies and Baits, Fishing Lines and Hooks. North America demand of sports fishing equipment accounted for the highest market share (36.7%) in 2016, followed by Europe. China is expected to maintain the highest growth rate for the next five years owing to the increment of resident income and the growth of downstream applications.
The global sports fishing equipment industry mainly concentrates in North America, Europe, Japan and China. The global are rather scattered, the global leading players in this market are Newell (Jarden Corporation), Globeride(Daiwa), Shimano, Rapala VMC Corporation and Weihai Guangwei Group, which accounts for about 26% of total production value in 2016. The sports fishing equipment are mainly used by freshwater fishing, saltwater fishing. The main application is freshwater fishing, which accounts for above 64% and it is forecasted that share will be maintain in 2022. Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area, the future will still have more new investment enter the field. In the next five years, the demand value of sports fishing equipment is forecasted to keep slow increasing.Over the next five years, projects that Sports Fishing Equipment will register a 2.7% CAGR in terms of revenue, reach US$ 17300 million by 2023, from US$ 14800 million in 2017.
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This report presents a comprehensive overview, market shares, and growth opportunities of Sports Fishing Equipment market by product type, application, key manufacturers and key regions.
Sports Fishing Equipment market Top Key Players:
Sports Fishing Equipment Production Breakdown Data byTop Region:
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyses key emerging trends and their impact on present and future development.
By the product type, the Sports Fishing Equipment marketis primarily split into:
By the end users/application, Sports Fishing Equipment marketreport coversthe following segments:
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The study objectives of this report are:
In the end, Sports Fishing Equipment market report undertakes the new project,key development areas, business overview, product specification, SWOT analysis, investment feasibility analysis, return analysis, and development trends.The study also presents a round-up of exposures which companies operating in the market and must be avoided in order to enjoy bearable growth through the course of the forecast period.
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To view the original version on The Express Wire visit (2019-2023) Sports Fishing Equipment Market Forecast with Top Companies, Growth Factors, Classification, Regional Analysis, Development Factors and Sports Fishing Equipment Applications