Japan Fishing Reels Market Size & Outlook, 2019-2027
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Japan fishing reels market highlights
- The Japan fishing reels market generated a revenue of USD 112.8 million in 2019 and is expected to reach USD 176.1 million by 2027.
- The Japan market is expected to grow at a CAGR of 5.7% from 2020 to 2027.
- In terms of segment, spinning reel was the largest revenue generating product in 2019.
- Spincast Reel is the most lucrative product segment registering the fastest growth during the forecast period.
Fishing reels market data book summary
| Market revenue in 2019 | USD 112.8 million |
| Market revenue in 2027 | USD 176.1 million |
| Growth rate | 5.7% (CAGR from 2019 to 2027) |
| Largest segment | Spinning reel |
| Fastest growing segment | Spincast Reel |
| Historical data | 2016 - 2018 |
| Base year | 2019 |
| Forecast period | 2020 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Spinning Reel, Baitcasting Reel, Spincast Reel |
| Key market players worldwide | Orvis, Shimano Inc, Okuma Corp, Penn Fishing Tackle, Floyd Pflueger & Ringer |
Other key industry trends
- In terms of revenue, Japan accounted for 2.6% of the global fishing reels market in 2019.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2027.
- In Asia Pacific, China fishing reels market is projected to lead the regional market in terms of revenue in 2027.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 176.1 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 |
Japan 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 36.44% in 2019. Horizon Databook has segmented the Japan fishing reels market based on spinning reel, baitcasting reel, spincast reel covering the revenue growth of each sub-segment from 2016 to 2027.
- Japan Fishing Reels Product Outlook (Revenue, USD Million, 2016-2027)
- Spincast Reel
- Others
- Baitcasting Reel
- Spinning Reel
- Japan Fishing Reels Distribution Channel Outlook (Revenue, USD Million, 2016-2027)
- Online
- Offline
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan fishing reels market , including forecasts for subscribers. This country databook contains high-level insights into Japan fishing reels market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Japan fishing reels market size, by product, 2016-2027 (US$M)
Japan Fishing Reels Market Outlook Share, 2019 & 2027 (US$M)
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