Global Fishing Reels Market Size & Outlook, 2019-2027
Global fishing reels market, 2016-2027 (US$M)
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Global fishing reels market highlights
- The global fishing reels market generated a revenue of USD 4,290.2 million in 2019 and is expected to reach USD 5,889.4 million by 2027.
- The market is expected to grow at a CAGR (2020 - 2027) of 4% by 2027.
- In terms of segment, spinning reel accounted for a revenue of USD 1,443.3 million in 2019.
- Spincast Reel is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2019.
- Country-wise, Brazil is expected to register the highest CAGR from 2020 to 2027.
Global data book summary
| Market revenue in 2019 | USD 4,290.2 million |
| Market revenue in 2027 | USD 5,889.4 million |
| Growth rate | 4% (CAGR from 2019 to 2027) |
| Largest segment | Spinning reel |
| Fastest growing segment | Spincast Reel |
| Historical data covered | 2016 - 2018 |
| Base year for estimation | 2019 |
| Forecast period covered | 2020 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Spinning Reel, Baitcasting Reel, Spincast Reel |
Other key industry trends
- In terms of revenue, the North America accounted for 60.4% of the global fishing reels market in 2019.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2027.
- By country, Brazil is the fastest growing regional market and is projected to reach USD 75.0 million by 2027.
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Fishing Reels Market Scope
Fishing Reels Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Floyd Pflueger & Ringer | View profile | - | Seattle, Washington, United States, North America | https://floyd-ringer.com/ |
| Penn Fishing Tackle | View profile | 1-10 | Spirit Lake, Iowa, United States, North America | http://www.pennfishing.com |
| Shimano Inc | View profile | 13240 | 3-77 Oimatsu-cho, Sakai-ku, Sakai, Osaka Prefecture, Japan, 590-8577 | https://www.shimano.com |
| Orvis | View profile | 1001-5000 | Roanoke, Virginia, United States, North America | http://www.orvis.com |
| Okuma Corp | View profile | 4289 | 5-25-1 Shimo-Oguchi, Ohguchi-cho Niwa-gun, Aichi, Japan, 480-0193 | http://www.okuma.co.jp |
Global fishing reels market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to fishing reels market will help companies and investors design strategic landscapes.
Spinning reel was the largest segment with a revenue share of 33.64% in 2019. Horizon Databook has segmented the Global fishing reels market based on spinning reel, baitcasting reel, spincast reel covering the revenue growth of each sub-segment from 2016 to 2027.
- Global Fishing Reels Product Outlook (Revenue, USD Million, 2016-2027)
- Spincast Reel
- Others
- Baitcasting Reel
- Spinning Reel
- Global Fishing Reels Distribution Channel Outlook (Revenue, USD Million, 2016-2027)
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Horizon Databook provides a detailed overview of global-level data and insights on the Global fishing reels market , including forecasts for subscribers. This global databook contains high-level insights into Global fishing reels market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Global fishing reels market size, by region, 2016-2027 (US$M)
Top 10 countries: Fishing reels market size, 2019 (US$M)
Global fishing reels market share, by product, 2019 & 2027 (%, US$M)
Fishing reels market: Opportunity assessment by country
Global fishing reels market, by region, 2019 (US$M)
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