The fishing rods market size is poised to expand at a value CAGR of 4.5%, and is expected to create an absolute dollar opportunity of US$ 1.5 Bn during the forecast duration of 2020-2030. By rod type, spinning rods are foreseen to grow 1.7X than flying rods in 2020. On the other hand, casing rods will account for 18% of overall market share in 2020.
Rising participation in fishing competitions and support for recreational fishing initiatives from governments of various countries are expected to drive the expansion of the fishing rods market size over the coming years. Development of offshore wind projects in deep water, which poses low intervention with fishing activities and recreational boating, have been enabling higher fishing performance for anglers. Rise in offshore wind farm projects will continue to benefit the sales of fishing rods.
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With a multi-disciplinary approach, Fact.MR elaborates an extensive analysis of the historical, current and future outlook of the global Fishing Rods Market as well as the factors responsible for such a growth. Our highly dedicated professionals have inputted critical and accurate insights associated with every industry, and region by doing thorough primary and secondary research.
We leverage space-age industrial and digitalization tools to provide avant-garde actionable insights to our clients regarding the Fishing Rods Market. For enhancing readers’ experience, the report starts with a basic overview about the Fishing Rods Market and its classification.
Key Segments of Fishing Rods Market
Fact.MR’s study on the fishing rods market offers information divided into five key segments-rod type, rod weight, flex type, sales channel, and region. This report offers comprehensive data and information about important market dynamics
The insights for each vendor consists of:
- Company profile
- SWOT analysis
- Main market information
- Market share
- Revenue, pricing and gross margin
What insights does the Fishing Rods Market report provide to the readers?
- Fishing Rods Market fragmentation on the basis of product type, end use, and region.
- Comprehensive assessment of upstream starting materials, downstream demand, and present market landscape.
- Collaborations, R&D projects, acquisitions, and product launches of each Fishing Rods Market
- Various regulations imposed by the governments on the consumption of Fishing Rods Market in detail.
- Impact of modern technologies, such as big data & analytics, artificial intelligence, and social media platforms on the global Fishing Rods Market.
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The report covers following Fishing Rods Market Market insights and assessment that are helpful for all participants involved in the Fishing Rods Market market:
- Data on recently introduced regulations and their impact on key industries and on demand in Fishing Rods Market
- Latest industry Analysis on Fishing Rods Market Market, with key analysis of market drivers, trends, and influencing factors
- Key trends Analysis of Fishing Rods Market Market and changing consumer preferences in major industries.
- Changing Fishing Rods Market demand and consumption of diverse products
- Major trends underlining funding by key investors in numerous countries
- New investment opportunities in diverse technology and product or service types
- Comprehensive data and Competitive analysis of Fishing Rods Market major players
- Fishing Rods Market Market sales in US will grow at a steady pace, driven by growing consumer confidence and economic recovery
- Fishing Rods Market demand forecast in Europe remains stable, as many countries such as UK, France, and Germany focus on boosting growth
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Questionnaire answered in the Fishing Rods Market report include:
- How the market for Fishing Rods Market has grown?
- What is the present and future outlook of the global Fishing Rods Market on the basis of region?
- What are the challenges and opportunities for the Fishing Rods Market?
- Why the consumption of Fishing Rods Market highest in region?
- In which year segment is expected to overtake segment?
Regional Segments Analyzed Include
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Japan
- Middle East and Africa (GCC, S. Africa, N. Africa)
Compilation of authentic and first-hand intelligence, insights offered in the report are based on quantitative and qualitative assessment by leading industry experts, and inputs from opinion leaders & industry participants around the value chain. Growth determinants, macroeconomic indicators, and parent market trends have been scrutinized and delivered, coupled with the market attractiveness for each market segment encompassed. Qualitative impact of growth influencers on the market segments across regions has also been mapped by the report.
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