Fly Fishing Apparel And Accessories Market Size, Share & Trends Analysis Report By Product (Apparel, Gears), By Distribution Channel (Online, Offline), By Region, And Segment Forecasts, 2023 - 2030

Report Overview

The global fly fishing apparel and accessories market size was valued at USD 3,142.8 million in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 4.1% from 2023 to 2030. The market is primarily driven by factors such as the increasing popularity of fly fishing as a recreational activity, growing interest in eco-friendly and sustainable fishing practices, and the availability of a wide range of products catering to the diverse needs and preferences of anglers.

Fly fishing clothing and accessories are products designed to make the experience of fly fishing comfortable, convenient, and efficient. Fly fishing is gaining popularity as a recreational sport across the globe, which has created a large customer base for fly fishing clothing and accessories. In the U.S., the number of fly fishing participants has increased steadily over the past few years. Moreover, the growing participation of females in fishing sports is further projected to enhance the demand for fly fishing apparel and accessories over the forecast period. According to a 2021 report from the Recreational Boating & Fishing Foundation (RBFF) and Outdoor Foundation, 19.7 million women participated in fishing in 2020, an increase of 10% over the preceding year.

Fishing has emerged as a classic sport, thereby popularizing related tournaments and championships across the world. According to the American Sportfishing Association, around 40,000 to 50,000 fishing derbies and tournaments are organized in the U.S. annually. South Texas Angler, Texas Bass Nation South Region, Karlens Big Bass, and Rio Grande Bass Club are some of the popular tournaments that involve 12 to 30 people.

Such competitions and tournaments have significantly encouraged interest and participation in fishing. As a result, the sport is gaining high traction in countries with long coastlines, such as Australia, New Zealand, parts of the U.S. and Canada, Portugal, and Asian countries like Indonesia and Sri Lanka, which is expected to drive market growth.

The COVID-19 pandemic had a significant impact on the retail industry as a whole, including fly fishing apparel sales. Restrictions on travel and social gatherings may have reduced the demand for fly fishing trips and gear, but conversely, more people have been engaging in outdoor activities closer to home.

This led to an increase in demand for fly fishing apparel for local fishing trips in Europe. In addition, there is a growing interest in sustainable and environment-friendly products for outdoor recreation activities, including fly fishing. Brands that offer eco-friendly and ethically sourced apparel may have an advantage in the market in this region, particularly among younger consumers who are more environmentally conscious.

Product Insights

Based on product, fly fishing gear accounted for the largest share of 77.2% in 2022 and is expected to maintain the fastest growth of 4.2% during the forecast period. Fly fishing gear has seen significant innovation in recent years, with manufacturers introducing new products that are lighter, stronger, and more durable than before. This has helped improve the overall fishing experience for anglers and made the sport more accessible to beginners. Fly fishing gear has been gaining significant traction in recent years as there is increased interest in outdoor activities and nature-based hobbies. Also, fly fishing gear such as packs and socks are nowadays easily affordable and accessible, making it easier for beginners to indulge in fly fishing activities.

Distribution Channel Insights

Based on the distribution channel, the offline segment accounted for the largest share of 73.9% in 2022. The appeal of physical stores for anglers to connect with like-minded individuals, receive personalized advice and recommendations from knowledgeable staff, and physically examine and test products before purchasing has led to the dominance of offline sales channels in the fly fishing apparel and accessories industry.

However, the online channel is estimated to be the fastest-growing segment during the forecast period. With the convenience of online shopping, more people are turning to the internet to purchase their fishing gear. Fly fishing has become increasingly popular, particularly among millennials, which has led to more people seeking out fishing equipment online.

The interest of millennials and generation Z in fish hunting as a recreational sport is a significant factor contributing to the growth of online sales channels. The presence of online retailers such as Cabela’s, Tackle Warehouse LLC, Fishing Tackle Unlimited, and Amazon has played a crucial role in creating awareness among anglers regarding various types of fishing tackles available in the market.

Sales of fly fishing apparel & accessories through online channels are expected to witness the fastest CAGR during the forecast period. The popularity of e-commerce channels is expected to increase over the projected timeframe, compared to offline distribution channels, given the increasing number of market players marking their presence online.

Fly fishing apparel & accessories industry players have been offering customers the ability to place and track orders online on their platforms, e-commerce sites, or third-party platforms like Shopify. In this regard, the emergence of high-end online shopping platforms is expected to act as a driver for the fly fishing apparel & accessories industry in the foreseeable future.

Regional Insights

Based on region, North America accounted for the largest revenue share of 46.1% in the global market in 2022 and is expected to continue its dominance throughout the forecast period. Fly fishing is a popular sporting/recreational activity among Americans. The rising participation of the youth and women in outdoor activities such as recreational fishing is driving the sales of fly fishing apparel and accessories in the region.

Moreover, major associations and organizations such as the American Sportfishing Association (ASA), Northwest Sportfishing Industry Association (NSIA), and American Catfishing Association (ACA) play a key role in promoting sport fishing activities in America. These have helped the recreational fishing businesses thrive in the region. In May 2022, the American Sportfishing Association (ASA) and Recreational Boating & Fishing Foundation (RBFF) launched a campaign to encourage industry leaders in the sportfishing industry, fishing communities, and young anglers to engage in fly fishing in spring and summer.

Key Companies & Market Share Insights

The global fly fishing apparel & accessories industry is highly competitive owing to the presence of a large number of global as well as many small- and mid-sized regional players. Companies with multiple brands and vast distribution networks hold a significant market share. The Orvis Company, Inc.; Simms Fishing Products; Patagonia, Inc.; and Redington (Far Bank Enterprises) are some major players in the global fly fishing apparel & accessories industry and have extensive product portfolios and strong distribution channels.

• In August 2022, Simms Fishing Products, a leading manufacturer of outerwear, waders, footwear, and technical apparel, unveiled ‘Fall 2022’, a product lineup with fresh styles, functions, and advances in every category. The campaign, ‘Always On The Water’ was aimed at encouraging anglers to enjoy the upcoming colder fishing seasons and celebrate their lives off the water.

• In March 2022, Skwala Fishing revamped itself as a new brand in the market. Focused on superior performance and fabric technology, the brand launched itself with a range of products that included jackets, waders, insulation pieces, and shorts.

Some prominent players in the global fly fishing apparel and accessories market include:

• The Orvis Company, Inc.

• Simms Fishing Products

• Patagonia, Inc

• Snowbee USA

• Skwala Fishing

• Redington (Far Bank Enterprises.)

• Bassdash

• FROGG TOGGS

• Compass 360 (Slumberjack)

• 8Fans

Fly Fishing Apparel And Accessories Market Report Scope

Global Fly Fishing Apparel And Accessories Market Report Segmentation

This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2017 to 2030. For the purpose of this study, Grand View Research has segmented the global fly fishing apparel and accessories market report based on product, distribution channel, and region:

• Product Outlook (Revenue, USD Million, 2017 - 2030)

  • Apparel

    • Jackets

    • Waders

    • Others

  • Gears

    • Packs

    • Socks

    • Others

• Distribution Channel Outlook (Revenue, USD Million, 2017 - 2030)

  • Online

  • Offline

• Regional Outlook (Revenue, USD Million, 2017 - 2030)

  • North America

    • U.S.

  • Europe

    • Germany

    • U.K.

    • France

  • Asia Pacific

    • Australia

    • New Zealand

  • Central & South America

  • Middle East & Africa