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Fishing Reels Market Size, Share & Trends Analysis Report By Product (Spinning Reel, Baitcasting Reel, Spincast Reel, Others) By Distribution Channel (Online, Offline), By Region (North America, Europe), And Segment Forecasts, 2025 - 2030

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    Report

  • 100 Pages
  • November 2024
  • Region: Global
  • Grand View Research
  • ID: 6032514
Description Jump to:
The global fishing reels market size is expected to reach USD 7.70 billion by 2030, registering a CAGR of 8.5% from 2025 to 2030. The growth of the market is attributed to growing interest among millennials worldwide in recreational activities, such as fishing. From a broad perspective, rising consumer spending on sports fishing equipment has been favoring market growth.

North America is likely to witness a healthy demand for the product throughout the forecast period. Fishing is among the most popular sports and outdoor recreational activities in U.S. The American Sportfishing Association (ASA) represents the entire sportfishing community in the country and encourages U.S. citizens to participate in fishing activities as a sport. Presence of such associations has been encouraging domestic manufacturers to increase their scale of operation within the country, backed by an expanding number of millennials in the country expressing their passion for fishing.

At a macro level, various factors including rising global participation rates in fishing activities, growing popularity of social media, and development of deep water offshore wind projects continue to favor market growth. Furthermore, growing trend of fishing tackle collection has been improving product circulation worldwide. In this regard, fishing reels are being increasingly considered a possession of gentility, along with other equipment, such as creels and fly rods.

North America emerged as the largest regional market for fishing reels in 2019 and is likely to retain its pole position throughout the forecast period. This region offers sports enthusiasts a surfeit of popular fishing locations. Some of the most popular locations include Silver Lake (California), Devils Lake (North Dakota), Lake Winnipeg (Manitoba, Canada), Lake Simcoe (Ontario, Canada), and Lake Washington (Minnesota). Furthermore, rising popularity of ice fishing in North America has been contributing to the healthy demand for all fishing equipment over the years.

Offline distribution channel continue to remain the most preferred sales platform for the product. These channels include independent sports outlets, specialty stores, discount stores, and departmental stores. Rising need for anglers to feel the product before making a purchase continues to contribute to the growth of the offline segment.

The market is characterized by intense competitive rivalry, with both domestic and international players sharing the market space. To stay competitive, prominent market participants have adopted new product launches as their key strategy over the years.

Fishing Reels Market Report Highlights

  • The spinning reels segment dominated the global fishing reels industry with a revenue share of 32.6% in 2024.
  • Offline distribution held the largest revenue share of the global fishing reels industry in 2024. This includes points of sale such as specialty stores dedicated to sports & outdoor activity equipment, fishing tools and equipment, discount stores, departmental stores, individual sports outlets, sporting goods stores, and outdoor equipment retailers.
  • North America fishing reels market dominated global market with a revenue share of 60.3% in 2024. Asia Pacific fishing reels market is projected to experience the highest CAGR from 2025 to 2030.

Why should you buy this report?

  • Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments.
  • Competitive Landscape: Explore the market presence of key players worldwide.
  • Future Trends: Discover the pivotal trends and drivers shaping the future of the global market.
  • Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.

This report addresses:

  • Market intelligence to enable effective decision-making
  • Market estimates and forecasts from 2018 to 2030
  • Growth opportunities and trend analyses
  • Segment and regional revenue forecasts for market assessment
  • Competition strategy and market share analysis
  • Product innovation listing for you to stay ahead of the curve
  • COVID-19's impact and how to sustain in these fast-evolving markets

Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Snapshot
2.2. Segment Snapshot
2.3. Competitive Landscape Snapshot
Chapter 3. Fishing Reels Market Variables, Trends & Scope
3.1. Market Lineage Outlook
3.1.1. Parent Market Outlook
3.1.2. Related Market Outlook
3.2. Industry Value Chain Analysis
3.2.1. Profit Margin Analysis (Industry-level)
3.3. Market Dynamics
3.3.1. Market Driver Analysis
3.3.2. Market Restraint Analysis
3.3.3. Market Opportunities
3.3.4. Market Challenges
3.4. Industry Analysis Tools
3.4.1. Porter’s Five Forces Analysis
3.5. Market Entry Strategies
Chapter 4. Consumer Behavior Analysis
4.1. Demographic Analysis
4.2. Consumer Trends and Preferences
4.3. Factors Affecting Buying Decision
4.4. Consumer Ingredient Adoption
4.5. Observations & Recommendations
Chapter 5. Fishing Reels Market: Product Estimates & Trend Analysis
5.1. Fishing Reels Market, By Product: Key Takeaways
5.2. Product Movement Analysis & Market Share, 2024 & 2030
5.3. Market Estimates & Forecasts, By Product, 2018 - 2030 (USD Million)
5.3.1. Spinning Reels
5.3.1.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
5.3.2. Baitcasting Reels
5.3.2.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
5.3.3. Spincast Reels
5.3.3.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
5.3.4. Others
5.3.4.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
Chapter 6. Fishing Reels Market: Distribution Channel Estimates & Trend Analysis
6.1. Fishing Reels Market, By Distribution Channel: Key Takeaways
6.2. Distribution Channel Movement Analysis & Market Share, 2024 & 2030
6.3. Market Estimates & Forecasts, by Distribution Channel, 2018 - 2030 (USD Million)
6.3.1. Online
6.3.1.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
6.3.2. Offline
6.3.2.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
Chapter 7. Fishing reels: Regional Estimates & Trend Analysis
7.1. Fishing Reels Market: Regional Outlook
7.2. Regional Marketplaces: Key Takeaways
7.3. Market Estimates & Forecasts, by Region, 2018 - 2030 (USD Million)
7.3.1. North America
7.3.1.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
7.3.1.2. U.S.
7.3.1.2.1. Key Country Dynamics
7.3.1.2.2. Market Estimates and Forecast, 2018 - 2030 (USD Million)
7.3.1.3. Canada
7.3.1.3.1. Key Country Dynamics
7.3.1.3.2. Market Estimates and Forecast, 2018 - 2030 (USD Million)
7.3.1.4. Mexico
7.3.1.4.1. Key Country Dynamics
7.3.1.4.2. Market Estimates and Forecast, 2018 - 2030 (USD Million)
7.3.2. Europe
7.3.2.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
7.3.2.2. UK
7.3.2.2.1. Key Country Dynamics
7.3.2.2.2. Market Estimates and Forecast, 2018 - 2030 (USD Million)
7.3.2.3. Germany
7.3.2.3.1. Key Country Dynamics
7.3.2.3.2. Market Estimates and Forecast, 2018 - 2030 (USD Million)
7.3.2.4. France
7.3.2.4.1. Key Country Dynamics
7.3.2.4.2. Market Estimates and Forecast, 2018 - 2030 (USD Million)
7.3.2.5. Italy
7.3.2.5.1. Key Country Dynamics
7.3.2.5.2. Market Estimates and Forecast, 2018 - 2030 (USD Million)
7.3.2.6. Spain
7.3.2.6.1. Key Country Dynamics
7.3.2.6.2. Market Estimates and Forecast, 2018 - 2030 (USD Million)
7.3.3. Asia Pacific
7.3.3.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
7.3.3.2. China
7.3.3.2.1. Key Country Dynamics
7.3.3.2.2. Market Estimates and Forecast, 2018 - 2030 (USD Million)
7.3.3.3. India
7.3.3.3.1. Key Country Dynamics
7.3.3.3.2. Market Estimates and Forecast, 2018 - 2030 (USD Million)
7.3.3.4. Japan
7.3.3.4.1. Key Country Dynamics
7.3.3.4.2. Market Estimates and Forecast, 2018 - 2030 (USD Million)
7.3.3.5. Australia & New Zealand
7.3.3.5.1. Key Country Dynamics
7.3.3.5.2. Market Estimates and Forecast, 2018 - 2030 (USD Million)
7.3.4. Latin America
7.3.4.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
7.3.4.2. Brazil
7.3.4.2.1. Key Country Dynamics
7.3.4.2.2. Market Estimates and Forecast, 2018 - 2030 (USD Million)
7.3.4.3. Argentina
7.3.4.3.1. Key Country Dynamics
7.3.4.3.2. Market Estimates and Forecast, 2018 - 2030 (USD Million)
7.3.5. Middle East
7.3.5.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
7.3.5.2. UAE
7.3.5.2.1. Key Country Dynamics
7.3.5.2.2. Market Estimates and Forecast, 2018 - 2030 (USD Million)
7.3.5.3. South Africa
7.3.5.3.1. Key Country Dynamics
7.3.5.3.2. Market Estimates and Forecast, 2018 - 2030 (USD Million)
Chapter 8. Fishing Reels Market: Competitive Analysis
8.1. Recent Developments & Impact Analysis, By Key Market Participants
8.2. Company Categorization
8.3. Participant’s Overview
8.4. Financial Performance
8.5. Ingredient Benchmarking
8.6. Company Heat Map Analysis
8.7. Strategy Mapping
8.8. Company Profiles
8.8.1. SHIMANO INC.
8.8.1.1. Company Overview
8.8.1.2. Financial Performance
8.8.1.3. Ingredient Portfolios
8.8.1.4. Strategic Initiatives
8.8.2. DAIWA CORPORATION
8.8.2.1. Company Overview
8.8.2.2. Financial Performance
8.8.2.3. Ingredient Portfolios
8.8.2.4. Strategic Initiatives
8.8.3. GT
8.8.3.1. Company Overview
8.8.3.2. Financial Performance
8.8.3.3. Ingredient Portfolios
8.8.3.4. Strategic Initiatives
8.8.4. The Orvis Company, Inc.
8.8.4.1. Company Overview
8.8.4.2. Financial Performance
8.8.4.3. Ingredient Portfolios
8.8.4.4. Strategic Initiatives
8.8.5. OKUMA FISHING TACKLE CO., LTD.
8.8.5.1. Company Overview
8.8.5.2. Financial Performance
8.8.5.3. Ingredient Portfolios
8.8.5.4. Strategic Initiatives
8.8.6. LL Bean
8.8.6.1. Company Overview
8.8.6.2. Financial Performance
8.8.6.3. Ingredient Portfolios
8.8.6.4. Strategic Initiatives
8.8.7. Pure Fishing, Inc.
8.8.7.1. Company Overview
8.8.7.2. Financial Performance
8.8.7.3. Ingredient Portfolios
8.8.7.4. Strategic Initiatives
8.8.8. TiborReels
8.8.8.1. Company Overview
8.8.8.2. Financial Performance
8.8.8.3. Ingredient Portfolios
8.8.8.4. Strategic Initiatives
8.8.9. Accurate Fishing
8.8.9.1. Company Overview
8.8.9.2. Financial Performance
8.8.9.3. Ingredient Portfolios
8.8.9.4. Strategic Initiatives
8.8.10. Lew's Fishing (Rather Outdoors, Corporation.)
8.8.10.1. Company Overview
8.8.10.2. Financial Performance
8.8.10.3. Ingredient Portfolios
8.8.10.4. Strategic Initiatives
List of Tables
Table 1. Fishing reels market: Key market driver analysis
Table 2. Fishing reels market: Key market restraint analysis
Table 3. Global fishing reels market estimates & forecast, by region (USD Million)
Table 4. Global fishing reels market estimates & forecast, by product (USD Million)
Table 5. Global fishing reels market estimates & forecast, by distribution channel (USD Million)
Table 6. North America fishing reels market estimates and forecast, by country, 2018 - 2030 (USD Million)
Table 7. North America fishing reels market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 8. North America fishing reels market estimates & forecast, by distribution channel, 2018 - 2030 (USD Million)
Table 9. U.S. macro-economic outlay
Table 10. U.S fishing reels market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 11. U.S. fishing reels market estimates and forecast, by distribution channel, 2018 - 2030 (USD Million)
Table 12. Canada macro-economic outlay
Table 13. Canada fishing reels market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 14. Canada fishing reels market estimates and forecast, by distribution channel, 2018 - 2030 (USD Million)
Table 15. Mexico macro-economic outlay
Table 16. Mexico fishing reels market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 17. Mexico fishing reels market estimates and forecast, by distribution channel, 2018 - 2030 (USD Million)
Table 18. Europe fishing reels market estimates and forecast, by country, 2018 - 2030 (USD Million)
Table 19. Europe fishing reels market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 20. Europe fishing reels market estimates & forecast, by distribution channel, 2018 - 2030 (USD Million)
Table 21. Germany macro-economic outlay
Table 22. Germany fishing reels market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 23. Germany fishing reels market estimates and forecast, by distribution channel, 2018 - 2030 (USD Million)
Table 24. U.K. macro-economic outlay
Table 25. U.K. fishing reels market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 26. U.K. fishing reels market estimates and forecast, by distribution channel, 2018 - 2030 (USD Million)
Table 27. France macro-economic outlay
Table 28. France fishing reels market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 29. France fishing reels market estimates and forecast, by distribution channel, 2018 - 2030 (USD Million)
Table 30. Italy macro-economic outlay
Table 31. Italy fishing reels market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 32. Italy fishing reels market estimates and forecast, by distribution channel, 2018 - 2030 (USD Million)
Table 33. Spain macro-economic outlay
Table 34. Spain fishing reels market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 35. Spain fishing reels market estimates and forecast, by distribution channel, 2018 - 2030 (USD Million)
Table 36. Asia Pacific fishing reels market estimates and forecast, by country, 2018 - 2030 (USD Million)
Table 37. Asia Pacific fishing reels market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 38. Asia Pacific fishing reels market estimates & forecast, by distribution channel, 2018 - 2030 (USD Million)
Table 39. China macro-economic outlay
Table 40. China fishing reels market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 41. China fishing reels market estimates and forecast, by distribution channel, 2018 - 2030 (USD Million)
Table 42. India macro-economic outlay
Table 43. India fishing reels market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 44. India fishing reels market estimates and forecast, by distribution channel, 2018 - 2030 (USD Million)
Table 45. Japan macro-economic outlay
Table 46. Japan fishing reels market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 47. Japan fishing reels market estimates and forecast, by distribution channel, 2018 - 2030 (USD Million)
Table 48. Australia & New Zealand macro-economic outlay
Table 49. Australia & New Zealand fishing reels market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 50. Australia & New Zealand fishing reels market estimates and forecast, by distribution channel, 2018 - 2030 (USD Million)
Table 51. Latin America fishing reels market estimates and forecast, by country, 2018 - 2030 (USD Million)
Table 52. Latin America fishing reels market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 53. Latin America fishing reels market estimates & forecast, by distribution channel, (USD Million)
Table 54. Brazil macro-economic outlay
Table 55. Brazil fishing reels market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 56. Brazil fishing reels market estimates and forecast, by distribution channel, 2018 - 2030 (USD Million)
Table 57. Argentina macro-economic outlay
Table 58. Argentina fishing reels market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 59. Argentina fishing reels market estimates and forecast, by distribution channel, 2018 - 2030 (USD Million)
Table 60. Middle East & Africa fishing reels market estimates and forecast, by country, 2018 - 2030 (USD Million)
Table 61. Middle East & Africa fishing reels market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 62. Middle East fishing reels market estimates & forecast, by distribution channel, (USD Million)
Table 63. UAE macro-economic outlay
Table 64. UAE fishing reels market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 65. UAE fishing reels market estimates and forecast, by distribution channel, 2018 - 2030 (USD Million)
Table 66. South Africa macro-economic outlay
Table 67. South Africa fishing reels market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 68. South Africa fishing reels market estimates and forecast, by distribution channel, 2018 - 2030 (USD Million)
Table 69. Recent developments & impact analysis, by key market participants
Table 70. Company heat map analysis, 2024
Table 71. Companies implementing key strategies
List of Figures
Fig. 1 Fishing reels market segmentation
Fig. 2 Information procurement
Fig. 3 Primary research pattern
Fig. 4 Primary research approaches
Fig. 5 Primary research process
Fig. 6 Market snapshot
Fig. 7 Segment snapshot
Fig. 8 Regional snapshot
Fig. 9 Competitive landscape snapshot
Fig. 10 Global parent industry and fishing reels market size (USD Million)
Fig. 11 Global fishing reels market size, 2018 to 2030 (USD Million)
Fig. 12 Global fishing reels market: Penetration & growth prospect mapping
Fig. 13 Global fishing reels market: Value chain analysis
Fig. 14 Global fishing reels market: Dynamics
Fig. 15 Global fishing reels market: Porter’s five forces analysis
Fig. 16 Global fishing reels market estimates & forecast, by product (USD Million)
Fig. 17 Spinning reels market estimates & forecasts, 2018 - 2030 (USD Million)
Fig. 18 Baitcasting reels market estimates & forecasts, 2018 - 2030 (USD Million)
Fig. 19 Spincast reels market estimates & forecasts, 2018 - 2030 (USD Million)
Fig. 20 Other fishing reels market estimates & forecasts, 2018 - 2030 (USD Million)
Fig. 21 Fishing reels market estimates & forecast, by distribution channel (USD Million)
Fig. 22 Fishing reels market estimates & forecasts for online distribution, 2018 - 2030 (USD Million)
Fig. 23 Fishing reels market estimates & forecasts for offline distribution, 2018 - 2030 (USD Million)
Fig. 24 Fishing reels market: Regional outlook, 2024 & 2030 (USD Million)
Fig. 25 Regional marketplace: Key takeaways
Fig. 26 North America fishing reels market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 27 US fishing reels market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 28 Canada fishing reels market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 29 Mexico fishing reels market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 30 Europe fishing reels market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 31 Germany fishing reels market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 32 UK fishing reels market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 33 Italy fishing reels market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 34 France fishing reels market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 35 Spain fishing reels market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 36 Asia Pacific fishing reels market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 37 China fishing reels market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 38 India fishing reels market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 39 Japan fishing reels market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 40 Australia & New Zealand fishing reels market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 41 Latin America fishing reels market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 42 Brazil fishing reels market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 43 Argentina fishing reels market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 44 Middle East fishing reels market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 45 UAE fishing reels market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 46 South Africa fishing reels market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 47 Key company categorization
Fig. 48 Strategic framework of fishing reels

Companies Mentioned

  • SHIMANO INC.
  • DAIWA CORPORATION
  • GT
  • The Orvis Company, Inc.
  • OKUMA FISHING TACKLE CO., LTD.
  • Pure Fishing, Inc.
  • TiborReels
  • Accurate Fishing
  • Lew's Fishing (Rather Outdoors, Corporation.)

Methodology

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Table Information

Report AttributeDetails
No. of Pages100
PublishedNovember 2024
Forecast Period2024 - 2030
Estimated Market Value ( USD ) in 2024 $ 4.83 Billion
Forecasted Market Value ( USD ) by 2030 $ 7.7 Billion
Compound Annual Growth Rate8.5%
Regions CoveredGlobal
No. of Companies Mentioned9

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About the Fishing Reel Market

The Fishing Reel market within the context of Commercial Fishing is a highly competitive industry. It is comprised of a variety of manufacturers, suppliers, and distributors of fishing reels and related products. Fishing reels are used to store and deploy fishing line, and are essential for commercial fishing operations. Fishing reels come in a variety of sizes, shapes, and materials, and are designed to meet the needs of different types of fishing. Fishing reels are also used for recreational fishing, and are available in a range of prices to suit different budgets. The Fishing Reel market is constantly evolving, with new technologies and materials being developed to improve the performance of fishing reels. Manufacturers are also introducing new designs and features to meet the changing needs of commercial fishermen. Some of the major companies in the Fishing Reel market include Shimano, Daiwa, Abu Garcia, Penn, Okuma, and Quantum. These companies produce a wide range of fishing reels, from entry-level models to high-end models. Show Less Read more

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