Global Fishing Rod Market 2025 – 2034

Reports Description

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 Overview

An increase in the number of individuals participating in fishing as a recreational activity across all age groups in countries such as the United Kingdom, Japan, and Australia is expected to be a factor that contributes to the expansion of the market.

Fishing’s popularity has increased over the years because it may teach its practitioners patience, which is an essential ability. This is one of the reasons why fishing has become so popular. Knowing fishing rods, hooks, and baits, as well as the ability to put up fishing rigs and tie knots, is a combination of science and art, which has proven to be challenging and creative for individuals.

Anglers utilize a variety of tools, gear, and accessories to capture fish, which are collectively referred to as “fishing equipment.” This equipment may be different based on the sort of fishing that is being done, such as fishing in freshwater or saltwater, fishing with a fly, fishing on ice, or fishing in deep seas.

Hooks, lines, sinkers and floats, rods, reels, nets and traps, spears and gaffs, and other fishing gear are all included in the category of fishing equipment. The sport of fishing for recreation is growing in popularity and is becoming more widespread in several places all over the world. A term that is used to describe fishing or shellfish collecting that is done solely for enjoyment is called “sports fishing.”

To exacerbate the situation, one can engage in sport fishing in both saltwater and freshwater environments. In addition, countries like the United Kingdom and the United States are taking steps to improve their fishing platforms, which has resulted in increased access to bodies of water where fishing may be done, which has contributed to the sport’s growing popularity.

People are being inspired to increase their engagement in fishing by a variety of fishing associations, such as the American Sportfishing Association, which hosts many fishing programs and events. A rod, line, reel, hooks, and a broad variety of baits or lures, such as artificial flies, are the most popular types of fishing equipment used in sports.

In addition, other types of fishing equipment include hooks. Furthermore, as a result of the growing popularity of fishing as a sport and as a recreational activity in countries such as the United States of America, the United Kingdom, China, and other nations, the government has been compelled to promote fishing activities and equipment, which simultaneously boosts the growth of the market for fishing equipment.

Fishing Rod Market Growth Factors

The introduction of e-commerce has revolutionized the sale of fishing equipment. Online merchants provide customers with a varied selection of products, pricing that is competitive, and shopping experiences that are convenient.

This has resulted in the market for fishing equipment becoming more accessible to a wider audience and has opened up new prospects for both customers and businesses. The process of purchasing and selling fishing equipment has been completely revolutionized by the growth of online selling platforms.

Through the use of these digital marketplaces, geographical borders have been reduced to little more than dots on a map, thereby surpassing the characteristics of traditional retailers. From fishing rods to reels and all the accessories that go along with them, anglers and fishing enthusiasts can now readily access a wide variety of fishing gear with just a few clicks. This includes all of the accessories that are associated with fishing.

This service’s exceptional accessibility not only benefits customers but also transforms businesses. These platforms have opened up a world of potential for retailers of fishing gear, allowing them to reach a larger consumer base and extend their operations beyond their previous boundaries.

Additionally, as a consequence of this digital transformation in the fishing equipment market, both consumers and sellers are reaping the benefits of this innovation. A rise in customers’ discretionary income has increased their spending capacity, which enables them to make investments in fishing equipment.

Fishermen frequently have a desire for high-quality fishing equipment, which may include expensive rods, reels, and electronics. An increase in wealth makes it possible for fishermen to make these kinds of purchases.

Anglers can experience a larger variety of fishing activities as a result of the increasing amount of discretionary spending they have. There are many different sorts of fishing that consumers can engage in, including fly fishing, deep-sea fishing, freshwater fishing, and saltwater fishing.

Each of these types of fishing may require a different set of gear and equipment. It is anticipated that the expansion of the fishing equipment market will be driven by the variety of fishing interests as well as the ability to afford the requisite equipment.

There is a rising possibility for manufacturers to produce and market environmentally friendly fishing equipment as a result of the growing emphasis on sustainability and environmental responsibility.

Items that are created from recycled materials, packaging that produces less waste, and fishing methods that are environmentally responsible are all in line with the tastes of consumers who are ecologically concerned. The option to identify oneself in the market and attract a certain subset of customers is available to brands that emphasize sustainability.

The use of modern fishing equipment and practices is causing the ocean environment to change in a variety of ways, including the disturbance of the sea floor, the alteration of food webs, and the shifting of many essential ecological services.

Furthermore, fishing gear or equipment that has been abandoned or lost is extremely harmful to marine life because it is the primary source of enormous amounts of plastic pollution in areas such as seas, rivers, or ponds.

Furthermore, this fishing gear that has been misplaced or forgotten is much more harmful because it has the potential to ensnare a large number of creatures that are not being harvested or used in any way.

Additionally, the utilization of mechanical or technical advancements, such as the utilization of drones to collect fish, leads to a reduction in the amount of garbage that is found inside oceans. Therefore, the maritime environment is negatively impacted by the negative impacts of contemporary fishing equipment, which in turn hinders the expansion of the market.

Fishing Rod Market Dynamics

An increase in the number of children who are interested in fishing:

Since children are showing a greater interest in fishing and other activities related to it, stakeholders have been presented with new chances for business. As an additional point of interest, fishing has emerged as a well-liked outdoor pastime among both adults and children.

In addition, parents are encouraging their children to begin fishing since it helps them become more focused and provides them with more patience. In addition, there are several short fishing rods available, particularly targeted toward children.

There are character variants of this short rod equipment that are suitable for children and are available too. As a result, the expansion of the market for fishing rods is being further fueled by the growing interest of children in fishing activities as well as the availability of fishing equipment for children.

Increasing user engagement with social media:

It has become increasingly common for people in every part of the world to have access to the Internet, which has led to an increase in the number of people utilizing various forms of social media. As a result of this, the majority of businesses that are competing in the market for fishing rods have started developing strategies for effectively marketing their products and services across a variety of social media channels.

The use of e-commerce is one of the effective techniques that a variety of businesses and industries have taken to raise awareness among their target customers about the product offerings that they have accessible on e-commerce channels.

Therefore, the global market for fishing equipment regards the marketing strategy of e-commerce as a crucial chance to acquire traction and enhance customer reach among its target demographics. This is because e-commerce is a form of marketing.

Fishing Rod Market Segmentation Analysis

By Product Type

In the year 2023, spinning rods were the most popular type of fishing rods on the market, accounting for more than 39 percent of total sales around the globe. The growth of the category can be attributed to the fact that it is simple in its use.

To improve the effectiveness of crankbaits, jerk baits, shaky heads, and drop shotting, these devices are designed to successfully launch lightweight lures further into the water. Additionally, because casting is made easier, these rods are quite helpful while fishing in windy circumstances, which is a situation in which the majority of other types of rods would fail horribly.

Furthermore, it safeguards against the occurrence of backlashes, which enables the use of lures to be disregarded. The popularity of the device has been growing because it can cast bait into waterways that are very far away.

It has the ability to cast lures far and wide, even targeting trout or tarpon, which are selective about their prey. Another point to consider is that casting does not have to be gathered in first. Those who are skilled in fishing can also use the fly line as a strike indicator by scrutinizing it.

By Application

In the year 2023, the percentage of people who fished for recreational purposes was the highest, topping 53 percent. It is projected that the amount of money spent on fishing vacations will increase as a greater number of people choose to spend their vacations fishing at some of the most well-known fishing sites.

To preserve marine life and generate substantial revenue, governments all around the world have also implemented regulations that regulate recreational fishing. For established fisheries, “pay to fish” is an additional source of revenue that allows them to charge tourists to utilize specific ponds, lakes, and reservoirs. This allows them to generate more revenue.

This section makes use of many hooks to maximize the possibility that they would be able to catch a school of specific pelagic species. These species include bluefin, yellowfin, marlin, billfish, sailfish, tuna, swordfish, halibut, and sablefish.

Fishermen who fish on a smaller scale or who sell unique species of fish that are difficult to catch using nets are more likely to utilize this method. This strategy is also more likely to be used by commercial fishermen.

By Distribution Channel

Over eighty-seven percent of the overall income in 2023 was generated through offline channels, making up the vast majority of the total income. After gaining first-hand experience with the rod, individuals decide to acquire it. A significant number of fishermen pay close attention to how the equipment feels when they are holding it and when they are in charge of it.

Additionally, a fishing rod is not a product that is used regularly; hence, support during the purchase process is necessary to ensure a smooth transaction to take place. When it comes to providing support to their consumers, brick-and-mortar stores that offer this service do an excellent job.

As a result of the fact that some products are more established than their rivals, their market share is also more restricted. A significant proportion of fishermen are over the age of 35, and the bulk of them have limited familiarity with purchasing online. In the coming years, it is projected that the increasing popularity of fishing among members of Generation Z and millennials will result in a rise in the usefulness of online platforms.

Report Scope

Fishing Rod Market Regional Analysis

When revenue was taken into consideration, the fishing rod market in North America was discovered to be the greatest in the entire world. Most people enjoy spending their time in the vicinity of water reservoirs, and they have turned this tranquil activity into a passion for themselves.

As a result of the fact that the majority of fishing spots are surrounded by water and flora, they are perfect for picnics and gatherings with loved ones. As a consequence of this, fishing in groups and little competition among members of the same group are also common in the United States.

All of these characteristics are supported by the geographical configuration of the countries that are located above, which includes a large number of lakes, canals, and other water reservoirs. It is predicted that the market will expand at the quickest rate in the Asia Pacific region.

There has been a significant rise in the level of public interest in recreational fishing over the past few years, although leisure fishing has not become very popular in the region.

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