• Sat. Sep 24th, 2022

Growing consumer preference for outdoor recreational activities coupled with a growing trend of travel and vacations is fueling the growth of the sector

ByMary M. Ward

Aug 5, 2022

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Dublin, Aug. 05, 2022 (GLOBE NEWSWIRE) — The “Fishing and Hunting Equipment Market Research Report by product (accessories, archery and ATV accessories), distribution, region (Americas, Asia (Pacific and Europe, Middle East and Africa) – Global Forecast to 2026 – Cumulative Impact of COVID-19 Report has been added to from ResearchAndMarkets.com offer.

The global Angling and Hunting Equipment market size was estimated at USD 472.87 million in 2020, USD 503.67 million in 2021, and is projected to grow at a compound annual growth rate (CAGR) of 6 .78% to reach USD 701.02 million by 2026.

Segmentation and market coverage:
This research report categorizes Fishing and Hunting Equipment to forecast revenues and analyze trends in each of the following submarkets:

  • On the basis of product, the market has been studied across accessories, archery, ATV accessories, cameras and accessories, apparel, lures, fishing rods and reels, fishing calls Game, Gun Accessories, Maintenance & Storage, Hearing Protection, Optics & Scopes, Knives & Tools, Decoys & Terminal Trackers, Packs & Bag Packs, and Tree Stands.

  • On the basis of distribution, the market has been studied offline and online.

  • Based on region, the market has been studied in Americas, Asia-Pacific, Europe, Middle East & Africa. The Americas are studied in more detail through Argentina, Brazil, Canada, Mexico and the United States. The United States is studied in more detail through California, Florida, Illinois, New York, Ohio, Pennsylvania and Texas. Asia-Pacific is studied in more detail through Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan and Thailand. Europe, the Middle East and Africa are studied in more detail in France, Germany, Italy, the Netherlands, Qatar, Russia, Saudi Arabia, South Africa, Spain, the United Arab Emirates and the United Kingdom.

Competitive Strategy Window:
The strategic competitive window analyzes the competitive landscape in terms of markets, applications and geographies to help the vendor define an alignment or match between its capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for vendors to adopt successive strategies of merger and acquisition, geographic expansion, research and development, and new product introduction strategies to execute further business expansion and growth. during a forecast period.

FPNV positioning matrix:
The FPNV Positioning Matrix evaluates and categorizes the Fishing and Hunting Equipment Market vendors based on business strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features and Customer Support) which helps companies make better decisions and understand the competitive landscape.

Market share analysis:
The market share analysis offers the analysis of the vendors considering their contribution to the overall market. It gives the idea of ​​its revenue generation in the overall market compared to other providers in the space. It provides information on the performance of vendors in terms of revenue generation and customer base compared to others. Knowing the market share gives an idea of ​​the size and competitiveness of suppliers for the reference year. It reveals the characteristics of the market in terms of accumulation, fragmentation, dominance and merger.

The report provides information about the following pointers:
1. Market Penetration: Provides comprehensive information about the market offered by major players
2. Market Development: Provides detailed information on lucrative emerging markets and analyzes penetration in mature market segments
3. Market Diversification: Provides detailed information on new product launches, untapped geographies, recent developments and investments
4. Competitive Assessment and Intelligence: Provides a comprehensive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of key players
5. Product Development and Innovation: Provides smart insights into future technologies, R&D activities, and breakthrough product developments

Market dynamics
Drivers

  • Increase in consumer preference for outdoor recreational activities associated with a growing trend of travel and vacation

  • Increase government focus on improving local tourism

  • Demand from local fish market and fish processing companies

Constraints

Opportunities

Challenges

Main topics covered:

1. Preface

2. Research methodology

3. Executive Summary

4. Market Overview

5. Market Overview

6. Fishing and Hunting Equipment Market, By Product

7. Fishing and Hunting Equipment Market, By Distribution

8. Americas Fishing and Hunting Equipment Market

9. Asia-Pacific Fishing and Hunting Equipment Market

10. Europe, Middle East and Africa Fishing and Hunting Equipment Market

11. Competitive landscape

12. Enterprise Usability Profiles

13. Appendix

Companies cited

  • Costa Del Mar Inc.

  • Duluth Holdings Inc.

  • Johnson Outdoors Inc.

  • Maver UK Ltd.

  • Brands Newell Inc.

  • Okuma Fishing Tackle Co.,Ltd.

  • Pradco Outdoor Brands Inc.

  • Pure Peach, Inc.

  • Rather Outside, LLC

  • Sea Master Enterprise Co., Ltd.

  • Orvis Inc.

  • Tica fishing tackle

  • WC Bradley Co.

For more information about this report visit https://www.researchandmarkets.com/r/j9zty4

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