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Fishing Reels Market

The global fishing reels market size was valued at $5.0 billion in 2021, and is projected to reach $7.6 billion by 2031, growing at a CAGR of 4.3% from 2022 to 2031.

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Fishing Reels Market

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  2. The fishing reels market is segmented into Product Type, Material, Fishing Type and Distribution Channel. Fishing reels are mounted to fishing rod and it is used to wind and stow fishing line. The global fishing reels market is expected to witness a significant growth during the forecast period owing to the rising importance of Blue economy on the GDP of a nation. The rising participation of people in recreational, leisure, and hunting activities is anticipated to boost the growth of the fishing reels industry. Fishing is becoming popular among all age groups across the globe. According to the Food and Agricultural Organization of the United Nations (2018) estimates, an average of 6.7% of the world's population participates in recreational fishing but varies this figure substantially and it is directly related to economic and cultural and societal-level developments affecting resources, time, and socialization into recreational fishing. In Europe an estimated 9 million people, or 1.6% of the population, are engaged in marine recreational fishing, spending about $6.7 billion a year, and fishing for around 77 million days a year. Fishing Reels Market Download Report Sample

  3. Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/17266 Frontrunners in the industry- Tackle World, okuma inspired fishing, BPS Direct, LLC., Rather outdoors,corporation, Daiwa Corporation, zebco, Rhythm inc, Shimano, Inc., Tica Fishing Tackle, Abu Garcia, kastking, Piscifun, Pure Fishing, Inc., The Orvis Company, Inc., BCF Australia Fishing Reels Market Download Report Sample

  4. Fishing Reels Market • The Fishing Reels Market is segmented on the basis of type, Distribution Channel and region. • By type • On the basis of fishing type, the freshwater segment led the market with 68.5% in 2021. The presence of large number of freshwater bodies across the globe and the rising number of participants in recreational fishing are the major factors that has boosted the growth of the freshwater segment. • By Distribution Channel • Depending on the distribution channel, the online sales is expected to be the fastest-growing segment during the forecast period. This growth is attributable to the rising penetration of the smartphones, growing penetration of internet, rising adoption of e-commerce platforms, and rising investments of the suppliers on increasing their digital presence. According to the International Telecommunication Union (ITU), in 2021, around 4.9 billion people across the globe had access to the internet. Download Report Sample

  5. By Region • Region-wise, North America dominated the global market in 2021. The huge presence of anglers and marine tourists along with the rising government initiatives to promote the growth of Blue economy owing to its huge impact on the GDP of the region has led to the dominance of this region in the global market. • Purchase this Report (Price 4,904 USD for single user license): https://www.alliedmarketresearch.com/checkout-final/3b5a3a9bc1ec16198d8b2022b0f6d8d1 • Key findings of the study • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the fishing reels market analysis from 2021 to 2031 to identify the prevailing fishing reels market opportunity. • The market research is offered along with information related to key drivers, restraints, and opportunities. • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network. • In-depth analysis of the market segmentation assists to determine the prevailing market opportunities. • Major countries in each region are mapped according to their revenue contribution to the global fishing reels market size. Fishing Reels Market Download Report Sample

  6. According to the global fishing reels market analysis, the market is segregated based on product type, material, fishing type, distribution channel, and region. Based on the product type, the market is divided into spinning, spincast, fly reel, baitcasting, and others. Further, on the basis of material, the market is segmented into aluminum, graphite, stainless steel, and others. Based on the fishing type, the market is segregated into saltwater fishing and freshwater fishing. Depending on the distribution channel, it is divide into modern trade, outdoor sport stores, online sales, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Do You Have Any Query Or Specific Requirement? Ask to Our Industry Expert : https://www.alliedmarketresearch.com/connect-to-analyst/17266 Fishing Reels Market Download Report Sample

  7. About Allied Market Research: Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting services to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry. Fishing Reels Market Download Report Sample

  8. Contact Us: David Correa 5933 NE Win Sivers Drive #205, Portland, OR 97220 United States USA/Canada (Toll Free): 1-800-792-5285, 1-503-894-6022, 1-503-446-1141 UK: +44-845-528-1300 Hong Kong: +852-301-84916 India (Pune): +91-20-66346060 Fax: +1(855)550-5975 help@alliedmarketresearch.com Web: https://www.alliedmarketresearch.com Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research Fishing Reels Market Download Report Sample

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