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The fishing reels market has shown strong growth, increasing from $5.4 billion in 2023 to $5.73 billion in 2024, with a CAGR of 6.0%. It’s expected to grow to $7.02 billion by 2028. Growth factors include innovations in gear technology and sustainable fishing practices. Foreseen trends involve technological advancements in drag systems and integration of smart technologies, alongside sustainable and eco-friendly designs.

The increasing consumption of fish is expected to drive the fishing reel market. Global fish consumption is anticipated to rise, creating demand for fishing reels. Thus, the increasing consumption of fish drives the fishing reel market.

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What Are The Key Trends That Influence Fishing Reels Market Share Analysis?

Product innovations are driving growth in the fishing reels market, with major companies focusing on developing innovative solutions to enhance market presence. For instance, Shimano Inc., a Japanese cycling company, introduced the Curado 200 M in July 2023. This low-profile power baitcasting reel features advanced technologies like MagnumLite Spool III for reduced inertia, SilentTune for quiet casting, and SVS Infinity braking for precise control, catering to bass fishing enthusiasts.

Which Market Players Are Driving Growth In The Fishing Reels Market?

Major companies operating in the fishing reels  market report are Shimano Inc., G. Loomis, L.L.Bean Inc., Pure Fishing Inc., Weihai Guangwei Group Co. Ltd., Hardy & Greys Limited, Penn Fishing Tackle Manufacturing Co., Hatch Outdoors, E.A. Pflueger Company, Quantum Fishing, Okuma Fishing Tackle Corp., Lew’s Fishing, Sage Fly Fishing, ABU Garcia, Daiwa Corporation, Accurate Fishing, Jiuyu Fishing Tackle Co. Ltd., Avet Reels, Galvan Fly Reels, Nautilus Reels, Echo Fly Fishing, Islander Reels, Eposeidon Outdoor Adventure Inc, Lamson, Loop Tackle Design, NingBo HaiBao Fishing Tackle Co. Ltd., Ross Reels, Zebco Brands

How Is The Global Fishing Reels Market Segmented?

The fishing reels market covered in this report is segmented –

1) By Product Type: Spinning, Spin-Cast, Fly Reel, Baitcasting, Other Products
2) By Material: Aluminum, Graphite, Stainless Steel, Other Materials
3) By Fishing Type: Freshwater Fishing, Saltwater Fishing
4) By Reel Mechanism: Anti-Reverse Reel, Direct-Drive Reel
5) By Distribution Channel: Modern Trade, Outdoor Sport Stores, Online Sales, Other Distribution Channels

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The Fishing Reels Global Market Report 2024 provides an overview of the fishing reelsmarket for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The fishing reels market forecast analyzes fishing reels market size, fishing reels market share, leading competitor and their market positions.

The Table Of Content For The Fishing Reels Market Include

1. Fishing Reels Market Executive Summary
2. Fishing Reels Market Segments
3. Fishing Reels Market Size And Template Market Growth Rate
4.  Key Fishing Reels Market Trends
5. Major Fishing Reels Market Drivers
……
25. Key Mergers And Acquisitions In The Fishing Reels Market
26. Top Fishing Reels Companies
27. Fishing Reels Market Opportunities And Strategies
28. Fishing Reels Market, Conclusions And Recommendations
29. Appendix

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