Fishing reels Market Forecast to 2027 - COVID-19 Impact and Global Analysis By Type (Spinning Reel, Baitcasting Reel, Spincast Reel, Others); Distribution (Offline, Online) and Geography
Report Code: TIPRE00020622 No. of Pages: 150 Category: Consumer Goods Status: Upcoming
MARKET INTRODUCTION
A fishing reel is a cylindrical device connected to a fishing rod used in winding and stowing lines. Modern fishing reels generally have fittings aiding in casting for distance and accuracy, also as retrieving lines. They are commonly attached to a fishing pole. However, some specialized reels with pressure sensors for immediate retrieval are equipped on downrigger systems mounted on an ocean-going sport boat's gunwales or transoms and are used for "deep drop" and trolling.
MARKET DYNAMICS
Due to COVID-19, the industry has been beholding a significant demand. COVID 19 has been encouraging individuals worldwide to take fishing or as a social distancing hobby. While the need for the product proceeds to remain high globally, fishing tackle shops, most notably in the U.S., have been witnessing critical supply shortages owing to the shutting down of various warehouses and factories supplying fishing tackle. The economic implications of the Covid-19 lockdowns are likely to harm the fishing reels market as disposable incomes reduce, and the leisure sports industry suffers. However, the commercial segments may benefit from the situation as people and communities attempt to increase self-sufficiency.
MARKET SCOPE
The "Global Fishing reels Market Analysis to 2027" is a specialized and in-depth study of the food and beverage industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the fishing reels market with detailed market segmentation by form and distribution channel. The global fishing reels market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading fishing reels market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global fishing reels market is segmented into type and distribution channel. By type, the fishing reels market is classified Spinning Reel, Bait casting Reel, Spin cast Reel and others. By distribution channel, the fishing reels market is classified into online and offline.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global fishing reels market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2027 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The fishing reels 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 also includes the profiles affecting the fishing reels market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. 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 fishing reels market in these regions.
The report covers vital developments in the fishing reels 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 partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the fishing reels market are anticipated to lucrative growth opportunities in the future with the rising demand for fishing reels in the global market. Below mentioned is the list of few companies engaged in the fishing reels market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the fishing reels market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.
A fishing reel is a cylindrical device connected to a fishing rod used in winding and stowing lines. Modern fishing reels generally have fittings aiding in casting for distance and accuracy, also as retrieving lines. They are commonly attached to a fishing pole. However, some specialized reels with pressure sensors for immediate retrieval are equipped on downrigger systems mounted on an ocean-going sport boat's gunwales or transoms and are used for "deep drop" and trolling.
MARKET DYNAMICS
Due to COVID-19, the industry has been beholding a significant demand. COVID 19 has been encouraging individuals worldwide to take fishing or as a social distancing hobby. While the need for the product proceeds to remain high globally, fishing tackle shops, most notably in the U.S., have been witnessing critical supply shortages owing to the shutting down of various warehouses and factories supplying fishing tackle. The economic implications of the Covid-19 lockdowns are likely to harm the fishing reels market as disposable incomes reduce, and the leisure sports industry suffers. However, the commercial segments may benefit from the situation as people and communities attempt to increase self-sufficiency.
MARKET SCOPE
The "Global Fishing reels Market Analysis to 2027" is a specialized and in-depth study of the food and beverage industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the fishing reels market with detailed market segmentation by form and distribution channel. The global fishing reels market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading fishing reels market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global fishing reels market is segmented into type and distribution channel. By type, the fishing reels market is classified Spinning Reel, Bait casting Reel, Spin cast Reel and others. By distribution channel, the fishing reels market is classified into online and offline.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global fishing reels market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2027 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The fishing reels 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 also includes the profiles affecting the fishing reels market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. 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 fishing reels market in these regions.
The report covers vital developments in the fishing reels 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 partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the fishing reels market are anticipated to lucrative growth opportunities in the future with the rising demand for fishing reels in the global market. Below mentioned is the list of few companies engaged in the fishing reels market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the fishing reels market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.
- Shimano
- Daiwa Seiko Corporation
- 13 Fishing
- Shakespeare Fishing Tackle
- Cabelas
- Abu Garcia
- Scientific Anglers
- Bass Pro Shops
- Zebco
- Penn Reels
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.