Exploring Fishing Rods Market Opportunity, Latest Trends, Demand, and Development By 2027- MarkNtel Advisors

 According to Markntel Advisors Report, Fishing Rods Market is expected to grow at a significant growth rate, and the analysis period is 2022-2027, considering the base year as 2021.Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size & Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.

Fishing rods, which help people catch the fish, comprise of a hook at the one end tied with a long & flexible rope. They are manufactured using different materials like bamboo, graphite, fiberglass, etc., and are available extensively across both online & offline sales channels. Over the years, fishing has gained significant traction, especially across Europe & North America, as it helps individuals boost their self-esteem, improve patience levels, relieve stress, and much more.

 

Fishing Rods Market Research Report & Summary:

The Global Fishing Rods Market is projected to grow at a CAGR of around 4.2% during the forecast period, i.e., 2022-27.                 

Time Period Captured in the Report:

·        Historical Years: 2017-20

·        Base Years: 2021

·        Forecast Years: 2022-27 

Who are the Key Players Operating in the Fishing Rods Market?

The top companies of the Fishing Rods Market ruling the industry are: 

Clam Outdoor Corporation, Daiwa Corporation, Eposeidon Outdoor Adventure Ltd., Okuma Fishing Tackle Co. Ltd., Piscifun, Pure Fishing Inc., Shimano Inc., St. Croix Rods, TIEMCO Ltd., Wright & McGill Co.

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What is Included in Fishing Rods Market Segmentation?

The Fishing Rods Market explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic.  The further bifurcations are as follows:

• By Product
• Spinning Rods
• Fly Fishing Rods
• Casting Rods
• Others
• By Raw Material
• Bamboo
• Fiberglass
• Carbon Fiber
• By Distribution Channel
• Online
• Offline
• By Region
• North America
• South America
• Europe
• Middle East & Africa
• Asia-Pacific

 Explore the Complete Fishing Rods Market Analysis Report – https://www.marknteladvisors.com/research-library/fishing-rods-market.html

Market Dynamics:

Market Segmentation

Based on Product:

·        Spinning Rods

·        Fly Fishing Rods

·        Casting Rods

Amongst them all, spinning rods held the largest share in the Global Fishing Rods Market in the previous few years, and the same trend is projected even during 2022-27. It attributes primarily to their simple & hassle-free application and high efficiency in throwing lighter lures at long distances in water. These rods are incredibly beneficial for fishing at windy places since it makes casting easier. Moreover, their versatility, excellent durability, & low-costs are other characteristics that contribute to their dominance in the global market.

On the other hand, the demand for fly fishing rods is projected to witness the fastest growth in the market through 2027, owing prominently to its capability for casting lures in the water from a long distance. Fly fishing is most effective on rivers and not lakes. Fly fishing rods are lightweight and do not require reeling before casting. As a result, their increasing popularity for commercial fishing activities is augmenting the growth of the global fishing rods market.

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Why Markntel Advisor Report?

MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

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