Fish Hunting Equipment Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Product (Fishing Reels, Fishing Rods, Baits and Lures, Others); Distribution Channel (Supermarkets and hypermarkets, Online retail, Specialty store, Others) and Geography
Fish hunting refers to catching of fish from numerous sources like sea, river, pond, lake etc. Equipment and tools needed for fishing are called as fish hunting equipment. Fishing is done as a commercial activity and also as a free time activity. According to specific end user, manufacturers design and develop fishing rod, fishing reels, and other fishing equipment respectively. Fish hunting equipment market is expected to witness promising growth in coming years all over the world.
The "Global Fish Hunting Equipment Market Analysis to 2028" is a specialized and in-depth study of the consumer goods industry with a special focus on the global market trend analysis. The report aims to provide an overview of the fish hunting equipment market with detailed market segmentation by product, distribution channel, and geography. The report provides key statistics on the market status of the leading fish hunting equipment market players and offers key trends and opportunities in the market.
Based on product, the global fish hunting equipment market is segmented into fishing reels, fishing rods, baits and lures and others.
Based on distribution channel, the market is bifurcated into supermarkets and hypermarkets, online retail, specialty store and others.
MARKET DYNAMICS Drivers:
Introduction of new fishing products drive the demand further.
Increasing per capita disposable income to boost market growth of fish hunting equipment.
Unorganized retail sector in few developing countries.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The fish hunting equipment market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the fish hunting equipment market in these regions.
IMPACT OF COVID-19 ON FISH HUNTING EQUIPMENT MARKET
The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities. This pandemic restricted movement of people from one place to another. Also, many non-essential activities were restricted considering various precautionary guidelines. All these factors affected the fish hunting equipment market negatively.
Get more information on this report :
The report covers key developments in the fish hunting equipment market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from fish hunting equipment market are anticipated to lucrative growth opportunities in the future with the rising demand for fish hunting equipment in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the fish hunting equipment market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
Costa Del Mar, Inc.
JIUYANG Fishing Tackle Co., Ltd.
Maver UK Ltd
Pure Fishing, Inc.
Rushan Fudi Fishing Tackle Co., ltd.
S.C. ADDYA & CO. PVT. LTD.
The Orvis Company, Inc.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
Get more information on this report :
The List of Companies
1. Costa Del Mar, Inc.
2. Eagle Claw
3. Globeride, Inc.
4. JIUYANG Fishing Tackle Co., Ltd.
5. Maver UK Ltd
6. Pure Fishing, Inc.
7. Rushan Fudi Fishing Tackle Co., ltd.
8. S.C. ADDYA and CO. PVT. LTD.
10. The Orvis Company, Inc.