Global Fishing Rod Market Size Likely to Reach at a CAGR of 6.9% By 2034

Global Fishing Rods Market size was valued at USD 1.4 Billion in 2025 and is poised to grow to USD 1.9 Billion by 2034, growing at a CAGR of 6.9% during the forecast period 2025 – 2034.

Fishing Rod Market Growth Factors and Dynamics

Within the realm of the global sporting goods business, the fishing rod market is a dynamic sector that encompasses a wide array of products that are tailored for different fishing tactics and environments. As a result of an increase in the number of recreational fishing activities and an increase in the number of people interested in outdoor sports, the industry has experienced significant growth in recent years.

According to a survey published by the National Marine Fisheries Service, roughly 49 million people in the United States participated in recreational fishing in the year 2020. This brings about a considerable increase in the demand for fishing equipment, including rods.

Individuals are seeking peace in nature and pursuing hobbies that boost their physical and mental well-being, which is reflected in this rising consumer base, which mirrors a broader trend towards participating in nature and outdoor leisure activities, particularly after the pandemic.

Spinning rods, baitcasting rods, fly rods, and telescopic rods are just a few of the types of fishing rods that are available on the market. These rods are designed to accommodate a wide variety of fishing methods and tastes. The proliferation of e-commerce has brought about a significant change in the manner in which customers acquire fishing equipment, with online sales channels becoming increasingly popular.

The market for fishing rods is experiencing a significant trend that is characterized by an increased emphasis on environmentally friendly and sustainable products. As a result of consumers’ growing awareness of environmental issues, manufacturers are being forced to innovate and offer fishing rods made from environmentally friendly materials.

Casting rods have a wide range of applications that extend beyond the realm of recreational fishing and are impacting a variety of industries, including tourism, sports, and leisure. The demand for fishing rods and other fishing-related equipment is a substantial source of revenue for the tourism industry, particularly in areas that are well-known for their fishing activities.

Local economies are stimulated by activities such as guided fishing trips and fishing tournaments, which include the creation of jobs and the generation of money for small companies. Furthermore, fishing rods play an important part in competitive sports.

This is because a large number of participants, including sportsmen and fans, take part in tournaments that showcase their abilities and the effectiveness of high-quality fishing equipment. The robustness of the market is improved by its varied use across industries, which also helps to support continuing expansion in the fishing rod industry.

Report Scope

Fishing Rod Market Trends

There is a shift occurring in the market as a result of the increasing popularity of fishing as a hobby. In addition, the present firm that operates across the whole aquaculture sector is expanding its commercial focus to include fishing as one of its primary activities.

These companies have been seen to engage in consistent strategic activity within the sector, which has occurred concurrently with the manufacturers’ efforts to innovate their products. Many Fishing Rod Market have been responsible for staging significant fishing festivals for the previous few years.

The utilization of social media platforms is beneficial in terms of disseminating information and, thus, generating enthusiasm among novice anglers for fishing as a recreational activity, which in turn encourages the utilization of rods.

These manufacturers are also responsible for arranging and financing some of the most significant fishing competitions that take place across the world on an annual basis. These tournaments attract thousands of anglers who are eager to demonstrate their fishing prowess.

Additionally, for those who engage in fishing, it has become a means of escape from the hectic and noisy life of the city. More and more people are becoming interested in fishing because of the tranquil and pleasant atmosphere that surrounds the water reservoirs, as well as the ability to engage in a peaceful art form.

There has been a recent trend among individuals to schedule their holidays around fishing, during which they spend most of their time engaging in the activity. Because of this, the market for fishing rods around the world is being driven.

The following companies are among the most important players in the industry: AFTCO Manufacturing, Cabela’s Inc., Dongmi, Eagle Claw, Preston Innovations, RYOBI, Shakespeare, Shimano, St. Croix, Tica, Tiemco, and Weihai Guangwei Group.

Among the various strategies that manufacturers employ, product innovation appears to be the most important one. There is a wide variety of items available on the market to meet the specific requirements of each and every fisherman.

These products range from rods with a light weight to rods with a high weight, and they also range from slow action to very fast action. These items have been developed based on the reservoir that one wants to fish in, as there are different rods for fishing in ice, freshwater, and saltwater.

This has allowed for the development of innovative products. Furthermore, innovation has been done on the basis of one person’s interest in fishing for a certain species of fish based on the shape, size, and weight of the aquatic creature.

List of the prominent players in the Fishing Rod Market:

• St. Croix Rods (US)
• Shimano Inc. (Japan)
• Abu Garcia (Sweden) 
• Daiwa Corporation (Japan)
• Okuma Fishing Tackle Corp. (Taiwan)
• G. Loomis Inc. (US)
• Orvis Company (US)
• Hardy & Greys Ltd. (UK)
• Sage Fly Fishing (US)
• PENN Fishing Tackle Manufacturing Co. (US)
• Ugly Stik (US)
• Shakespeare (US)
• Tica Fishing Tackle (Taiwan)
• Rapala VMC Corporation (Finland)
• Gamakatsu Fishing Hooks (Japan)
• Jarvis Walker Pty Ltd (Australia)
• Rapala (Finland)
• Others

The Fishing Rod Market is segmented as follows:

By Product

• Spinning Rods
• Fly Fishing Rods
• Casting Rods
• Others

By Raw Material

• Bamboo
• Fiberglass
• Carbon Fiber
• Others

By Distribution Channel

• Online
• Offline

By Application

• Competitive Casting
• Recreational Fishing
• Commercial Fishing
• Others

Regional Coverage:

North America

• U.S.
• Canada
• Mexico
• Rest of North America

Europe

• Germany
• France
• U.K.
• Russia
• Italy
• Spain
• Netherlands
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• New Zealand
• Australia
• South Korea
• Taiwan
• Rest of Asia Pacific

The Middle East & Africa

• Saudi Arabia
• UAE
• Egypt
• Kuwait
• South Africa
• Rest of the Middle East & Africa

Latin America

• Brazil
• Argentina
• Rest of Latin America