Europe Fishing Equipment Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Fishing Rods, Nets and Traps, Hooks, Reels, Fishing Line, Sinkers, and Others) and Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Retail, and Others)

TIPRE00027149 | Pages: 111 | Consumer Goods | Feb 2022 | Type: Regional | Status: Published

The fishing equipment market in Europe is expected to grow from US$ 7,711.13 million in 2021 to US$ 9,671.63 million by 2028; it is estimated to grow at a CAGR of 3.3% from 2021 to 2028.

Recreational fishing, often known as sport fishing, is fishing for fun or competition. The most typical type of recreational fishing is done using a rod, reel, line, hooks, and various baits. Recreational activities help to improve physical well-being, emotional health, and cognitive functioning. They also provide possibilities for socialization with others. Thus, due to the rising benefits, there is an increasing demand for recreational fishing, which is boosting the market growth. Fishing equipment is in high demand due to increased fishing activities across the region. Moreover, there is a growing participation in various types of fishing activities in various countries. Thus, increased spending on fishing equipment and accessories due to a rise in the number of participants is increasing the sales of such products.

Thus, the increasing participation in recreational fishing is a major factor driving the market.

 

In Europe, currently, the UK, France, and Russia are the hardest-hit countries by the COVID-19 outbreak. The region is estimated to suffer an economic hit due to the lack of revenue from various industries subjected to disruption in the supply chain. The disruptions in the supply chain, the shutdown of manufacturing units, and labor shortages have had a negative impact on the fishing equipment market. Countries such as Poland, France, Germany, and the UK had restrictions on recreational fishing during the lockdowns caused by the COVID-19 pandemic, which negatively impacted the demand for fishing equipment. In comparison, Denmark encouraged people to take part in recreational fishing, which increased the sales of mandatory licenses for recreational fishing in the country, leading to a positive impact on the demand for fishing equipment. In the Netherlands, outdoor activities such as recreational fishing were allowed during the pandemic. After the upliftment of the lockdown, most countries across Europe lifted the restrictions on recreational fishing, which led to increased fishing activities, thereby positively impacting the demand for fishing equipment.

 

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Europe fishing equipment market. The Europe fishing equipment market is expected to grow at a good CAGR during the forecast period.

 

Europe Fishing Equipment Market Revenue and Forecast to 2028 (US$ Million)

Europe Fishing Equipment Market Revenue and Forecast to 2028 (US$ Million)

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Europe Fishing Equipment Market Segmentation

 

Europe Fishing Equipment Market – By Type

  • Fishing Rods
  • Nets and Traps
  • Hooks, Reels
  • Fishing Line
  • Sinkers
  • Others

Europe Fishing Equipment Market – By Distribution Channel

  • Supermarkets and Hypermarkets
  • Specialty Stores
  • Online Retail
  • Others

Europe Fishing Equipment Market, by Country

  • France
  • Germany
  • Italy
  • UK
  • Russia
  • Rest of Europe

Europe Fishing Equipment Market - Companies Mentioned

  • Daiwa; Decathlon SA
  • Decathlon SA
  • Eagle Claw Fishing Tackle Co.
  • Okuma Fishing Tackle Co. Ltd.
  • Pure Fishing Inc
  • Rapala VMC Corporation
  • Shimano Inc.
  • Tica Fishing Tackle
  • Weihai Guangwei Group Co., Ltd.

1.           Introduction

1.1         Study Scope

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

1.3.1        Europe Fishing Equipment Market, by Type

1.3.2        Europe Fishing Equipment Market, by Distribution Channel

1.3.3        Europe Fishing Equipment Market, by Country

2.           Key Takeaways

3.        Research Methodology

3.1         Scope of the Study

3.2         Research Methodology

3.2.1        Data Collection:

3.2.2        Primary Interviews:

3.2.3        Hypothesis formulation:

3.2.4        Macro-economic factor analysis:

3.2.5        Developing base number:

3.2.6        Data Triangulation:

3.2.7        Country level data:

4.           Europe Fishing Equipment Market Landscape

4.1         Market Overview

4.2         Europe Pest Analysis

4.2.1        Europe pest Analysis

4.2.2        Expert Opinion

5.           Europe Fishing Equipment Market – Key Market Dynamics

5.1         Market Drivers

5.1.1        Recreational Fishing Getting Popular

5.1.2        Growth of Fish-Based Tourism in Various Countries

5.2         Market Restraints

5.2.1        Environmental Hazards

5.3         Market Opportunities

5.3.1        E-Commerce Channels Surging Up

5.4         Future Trends

5.4.1        Technological/ Product Enhancement

5.5         Impact Analysis

6.           Fishing Equipment Market – Europe Analysis

6.1         Europe Fishing Equipment Market Overview

6.2         Europe Fishing Equipment Market –Revenue and Forecast to 2028 (US$ Mn)

7.           Europe Fishing Equipment Market Analysis – By Type

7.1         Overview

7.2         Europe Fishing Equipment Market, By Category (2020 and 2028)

7.3         Fishing Rods

7.3.1        Overview

7.3.2        Fishing Rods: Fishing Equipment Market – Revenue and Forecast To 2028 (US$ Million)

7.4         Nets and Traps

7.4.1        Overview

7.4.2        Nets and Traps: Fishing Equipment Market – Revenue and Forecast To 2028 (US$ Million)

7.5         Hooks

7.5.1        Overview

7.5.2        Hooks: Fishing Equipment Market – Revenue and Forecast To 2028 (US$ Million)

7.6         Reels

7.6.1        Overview

7.6.2        Reels: Fishing Equipment Market – Revenue and Forecast To 2028 (US$ Million)

7.7         Fishing Line

7.7.1        Overview

7.7.2        Fishing Line: Fishing Equipment Market – Revenue and Forecast To 2028 (US$ Million)

7.8         Sinkers

7.8.1        Overview

7.8.2        Sinkers: Fishing Equipment Market – Revenue and Forecast To 2028 (US$ Million)

7.9         Others

7.9.1        Overview

7.9.2        Others: Fishing Equipment Market – Revenue and Forecast To 2028 (US$ Million)

8.           Europe Fishing Equipment Market Analysis – By Distribution Channel

8.1         Overview

8.2         Europe Fishing Equipment Market, By Distribution Channel (2020 and 2028)

8.3         Supermarkets and Hypermarkets

8.3.1        Overview

8.3.2        Supermarkets and Hypermarkets: Fishing Equipment Market – Revenue and Forecast To 2028 (US$ Million)

8.4         Specialty Stores

8.4.1        Overview

8.4.2        Specialty Stores: Fishing Equipment Market – Revenue and Forecast To 2028 (US$ Million)

8.5         Online Retail

8.5.1        Overview

8.5.2        Online Retail: Fishing Equipment Market – Revenue and Forecast To 2028 (US$ Million)

8.6         Others

8.6.1        Overview

8.6.2        Others: Fishing Equipment Market – Revenue and Forecast To 2028 (US$ Million)

9.           Europe Fishing Equipment Market – Country Analysis

9.1         Overview

9.1.1        Europe: Fishing Equipment Market, by Key Country

9.1.1.1          Germany: Fishing Equipment Market –Analysis and Forecast to 2028 (US$ Million)

9.1.1.1.1          Germany: Fishing Equipment Market, by Type

9.1.1.1.2          Germany: Fishing Equipment Market, by Distribution Channel

9.1.1.2          France: Fishing Equipment Market –Analysis and Forecast to 2028 (US$ Million)

9.1.1.2.1          France: Fishing Equipment Market, by Type

9.1.1.2.2          France: Fishing Equipment Market, by Distribution Channel

9.1.1.3          Italy: Fishing Equipment Market –Analysis and Forecast to 2028 (US$ Million)

9.1.1.3.1          Italy: Fishing Equipment Market, by Type

9.1.1.3.2          Italy: Fishing Equipment Market, by Distribution Channel

9.1.1.4          UK: Fishing Equipment Market –Analysis and Forecast to 2028 (US$ Million)

9.1.1.4.1          UK: Fishing Equipment Market, by Type

9.1.1.4.2          UK: Fishing Equipment Market, by Distribution Channel

9.1.1.5          Russia: Fishing Equipment Market –Analysis and Forecast to 2028 (US$ Million)

9.1.1.5.1          Russia: Fishing Equipment Market, by Type

9.1.1.5.2          Russia: Fishing Equipment Market, by Distribution Channel

9.1.1.6          Rest of Europe: Fishing Equipment Market –Analysis and Forecast to 2028 (US$ Million)

9.1.1.6.1          Rest of Europe: Fishing Equipment Market, by Type

9.1.1.6.2          Rest of Europe: Fishing Equipment Market, by Distribution Channel

10.        Impact of COVID-19 Pandemic on Europe Fishing Equipment Market

10.1      Europe: Impact Assessment of COVID-19 Pandemic

11.        Industry Landscape

11.1      Product launch

11.2      Merger & Acquisition

11.3      Expansion

12.        Company Profiles

12.1      Eagle Claw Fishing Tackle Co.

12.1.1     Key Facts

12.1.2     Business Description

12.1.3     Products and Services

12.1.4     Financial Overview

12.1.5     SWOT Analysis

12.1.6     Key Developments

12.2      Okuma Fishing Tackle Co. Ltd.

12.2.1     Key Facts

12.2.2     Business Description

12.2.3     Products and Services

12.2.4     Financial Overview

12.2.5     SWOT Analysis

12.2.6     Key Developments

12.3      SHIMANO INC.

12.3.1     Key Facts

12.3.2     Business Description

12.3.3     Products and Services

12.3.4     Financial Overview

12.3.5     SWOT Analysis

12.3.6     Key Developments

12.4      TICA FISHING TACKLE

12.4.1     Key Facts

12.4.2     Business Description

12.4.3     Products and Services

12.4.4     Financial Overview

12.4.5     SWOT Analysis

12.4.6     Key Developments

12.5      RAPALA VMC CORPORATION

12.5.1     Key Facts

12.5.2     Business Description

12.5.3     Products and Services

12.5.4     Financial Overview

12.5.5     SWOT Analysis

12.5.6     Key Developments

12.6      Weihai Guangwei Group Co., Ltd.

12.6.1     Key Facts

12.6.2     Business Description

12.6.3     Products and Services

12.6.4     Financial Overview

12.6.5     SWOT Analysis

12.6.6     Key Developments

12.7      Decathlon SA

12.7.1     Key Facts

12.7.2     Business Description

12.7.3     Products and Services

12.7.4     Financial Overview

12.7.5     SWOT Analysis

12.7.6     Key Developments

12.8      Daiwa

12.8.1     Key Facts

12.8.2     Business Description

12.8.3     Products and Services

12.8.4     Financial Overview

12.8.5     SWOT Analysis

12.8.6     Key Developments

12.9      Pure Fishing Inc.

12.9.1     Key Facts

12.9.2     Business Description

12.9.3     Products and Services

12.9.4     Financial Overview

12.9.5     SWOT Analysis

12.9.6     Key Developments

13.        Appendix

13.1      About The Insight Partners

13.2      Glossary of Terms

 


LIST OF TABLES

Table 1.             Europe Fishing Equipment Market –Revenue and Forecast to 2028 (US$ Mn)

Table 2.             Europe Fishing Equipment Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

Table 3.             Germany Fishing Equipment Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 4.             Germany Fishing Equipment Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

Table 5.             France Fishing Equipment Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 6.             France Fishing Equipment Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

Table 7.             Italy Fishing Equipment Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 8.             Italy Fishing Equipment Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

Table 9.             UK Fishing Equipment Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 10.          UK Fishing Equipment Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

Table 11.          Russia Fishing Equipment Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 12.          Russia Fishing Equipment Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

Table 13.          Rest of Europe Fishing Equipment Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 14.          Rest of Europe Fishing Equipment Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

Table 15.          Glossary of Terms, Europe Fishing Equipment Market

 


LIST OF FIGURES

Figure 1.           Europe Fishing Equipment Market Segmentation

Figure 2.           Europe Fishing Equipment Market Segmentation – By Country

Figure 3.           Europe Fishing Equipment Market Overview

Figure 4.           Fishing Rods Accounted for the Largest Share of the Europe Fishing Equipment Market

Figure 5.           Europe Held the Largest Share of the Europe Fishing Equipment Market

Figure 6.           Expert Opinion

Figure 7.           Europe Fishing Equipment Market Impact Analysis of Drivers and Restraints

Figure 8.           Europe Fishing Equipment Market – Revenue and Forecast to 2028 (US$ Mn)

Figure 9.           Europe Fishing Equipment Market Revenue Share, By Type (2020 and 2028)

Figure 10.        Europe Fishing Rods: Fishing Equipment Market – Revenue and Forecast To 2028 (US$ Million)

Figure 11.        Europe Nets and Traps: Fishing Equipment Market – Revenue and Forecast To 2028 (US$ Million)

Figure 12.        Europe Hooks: Fishing Equipment Market – Revenue and Forecast To 2028 (US$ Million)

Figure 13.        Europe Reels: Fishing Equipment Market – Revenue and Forecast To 2028 (US$ Million)

Figure 14.        Europe Fishing Line: Fishing Equipment Market – Revenue and Forecast To 2028 (US$ Million)

Figure 15.        Europe Sinkers: Fishing Equipment Market – Revenue and Forecast To 2028 (US$ Million)

Figure 16.        Europe Others: Fishing Equipment Market – Revenue and Forecast To 2028 (US$ Million)

Figure 17.        Europe Fishing Equipment Market Revenue Share, By Distribution Channel (2020 and 2028)

Figure 18.        Europe Supermarkets and Hypermarkets: Fishing Equipment Market – Revenue and Forecast To 2028 (US$ Million)

Figure 19.        Europe Specialty Stores: Fishing Equipment Market – Revenue and Forecast To 2028 (US$ Million)

Figure 20.        Europe Online Retail: Fishing Equipment Market – Revenue and Forecast To 2028 (US$ Million)

Figure 21.        Europe Others: Fishing Equipment Market – Revenue and Forecast To 2028 (US$ Million)

Figure 22.        Europe: Fishing Equipment Market Revenue Share, by Key Country (2020 and 2028)

Figure 23.        Germany: Fishing Equipment Market –Revenue and Forecast to 2028 (US$ Million)

Figure 24.        France: Fishing Equipment Market –Revenue and Forecast to 2028 (US$ Million)

Figure 25.        Italy: Fishing Equipment Market –Revenue and Forecast to 2028 (US$ Million)

Figure 26.        UK: Fishing Equipment Market –Revenue and Forecast to 2028 (US$ Million)

Figure 27.        Russia: Fishing Equipment Market –Revenue and Forecast to 2028 (US$ Million)

Figure 28.        Rest of Europe: Fishing Equipment Market –Revenue and Forecast to 2028 (US$ Million)

Figure 29.        Impact of COVID-19 Pandemic on Fishing Equipment Market in Europe

  1. Daiwa; Decathlon SA
  2. Decathlon SA
  3. Eagle Claw Fishing Tackle Co.
  4. Okuma Fishing Tackle Co. Ltd.
  5. Pure Fishing Inc
  6. Rapala VMC Corporation
  7. Shimano Inc.
  8. Tica Fishing Tackle
  9. Weihai Guangwei Group Co., Ltd.
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe fishing equipment market
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the Europe fishing equipment market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the fishing equipment market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
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