The fly fishing apparel and accessories market size has grown steadily in recent years. It will grow from $3.22 billion in 2023 to $3.36 billion in 2024 at a compound annual growth rate (CAGR) of 4.4%. The growth in the historical period can be attributed to the increased popularity of fly fishing, a rise in participation in outdoor activities, an increased demand for eco-friendly products, a growing preference for catch-and-release fishing, and a heightened interest in fashion and style.
The fly fishing apparel and accessories market size is expected to see steady growth in the next few years. It will grow to $4.05 billion in 2028 at a compound annual growth rate (CAGR) of 4.8%. The growth in the forecast period can be attributed to the increasing demand for seafood, a growing market for eco-friendly products, rising disposable income, the gaining traction of recreational fly fishing, and an increasing number of women participating in fly fishing. Major trends in the forecast period include major manufacturers expanding their product portfolios, ongoing technological advancements, innovations in fishing equipment, the development of eco-friendly and sustainable fly fish apparel, and the rising adoption of strategies by key players.
The anticipated growth in the fly-fishing apparel and accessories market is driven by an increased interest in outdoor activities. Outdoor activities encompass various leisure, recreational, sporting, and cultural pursuits conducted in outdoor settings. Fly fishing, offering a distinctive and immersive experience appealing to both beginners and experienced enthusiasts, aligns with the growing desire of more individuals to reconnect with nature and engage in recreational pastimes. For example, in 2021, the Outdoor Foundation reported that 164.2 million Americans aged six and above, constituting 54% of the population, participated in outdoor recreation at least once - a record-breaking figure. This marked a 6.9% increase from 2020, when 161.3 million Americans engaged in outdoor activities. Consequently, the heightened interest in outdoor pursuits is poised to propel the fly-fishing apparel and accessories market.
The increasing participation in fishing is expected to drive the growth of the fly-fishing apparel and accessories market. Fishing, a recreational activity centered around catching fish for sport or leisure, is enjoyed in diverse environments such as lakes, rivers, and seas. The fly-fishing apparel and accessories market significantly contributes to the surge in fishing participation by providing specialized gear, comfortable attire, and essential accessories, thereby meeting the needs of enthusiasts and enhancing their overall fishing experience. In 2021, The Outdoor Industry Association reported a 4.5% increase in the number of Americans participating in fishing, totaling 52.4 million enthusiasts. Notably, youth participation (ages 6-17) surged by 14%, indicating a growing interest in fishing among younger generations. Hence, the rising participation in fishing is expected to be a driving force for the fly-fishing apparel and accessories market.
Fly-fishing apparel and accessories market witnesses a significant trend of product innovation, with major companies actively engaged in developing cutting-edge products to fortify their market positions. In March 2022, Skwala Fishing, a US-based company specializing in fishing apparel and gear, introduced a new fly-fishing brand. This brand showcases garments meticulously designed and crafted to empower anglers in expanding their fly-fishing pursuits. The initial product lineup includes two waders, two coats, two insulation pieces, two sun shirts, wading pants, and shorts. Employing innovative breathable and insulation design and technology, the brand ensures angler comfort in diverse temperature conditions, featuring industry-leading stretch fabrics.
Prominent companies in the fly-fishing apparel and accessories market are emphasizing the development of advanced materials, exemplified by the integration of graphite technology to deliver reliable services. Sage, a US-based provider of high-quality fly fishing equipment, exemplified this approach in March 2022 with the introduction of the R8 Core Fly Rod. This rod incorporates an amplified two-way feedback loop enabled by novel materials, allowing anglers to better sense the rod's power throughout casting, presentation, and fish fighting, enhancing overall control. The rod utilizes an entirely new set of materials, resulting in a noticeably lighter, more torsionally stable, and feedback-enhanced product.
In August 2022, Vista Outdoor Inc., a US-based company specializing in outdoor sports and leisure goods, executed a strategic move by acquiring Simms Fishing Goods for $192.5 million. This acquisition positions Vista Outdoor for substantial growth in its Outdoor Products sectors and broadens its primary addressable market into a new and highly appealing category, featuring a premium, innovative brand with significant growth potential. Simms Fishing Products, the acquired entity, is a US-based producer of fishing equipment, accessories, and apparel.
Major companies operating in the fly fishing apparel and accessories market report are Decathlon SA, Shimano Inc., Columbia Sportswear Company, Patagonia Inc., The Orvis Company Inc., Simms Fishing Products LLC, Hardy & Greys Limited, Costa Del Mar, Outcast Sporting Gear, Wapsi Fly Inc., Original Buff S.A., Umpqua Feather Merchants, Griffin Enterprises Inc., R.L. Winston Rod Company, Scott Fly Rod Company, Hatch Outdoors Inc, Frogg Toggs, Snowbee USA, Bassdash, Loop Tackle Design AB, Vision Fly Fishing, Suncloud Optics, Fishpond, Scientific Anglers, Fishewear, WETFLY LLC, Howler Brothers, Montana Fly Company, Hareline Dubbin Inc, Temple Fork Outfitters.
North America was the largest region in the fly fishing apparel and accessories market in 2023. The regions covered in the fly fishing apparel and accessories market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the fly fishing apparel and accessories market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
The primary categories of fly-fishing apparel and accessories include apparel and accessories themselves. Apparel comprises clothing and accessories worn during fly fishing to improve comfort, safety, and utility while also adding a touch of style. These items are crafted from breathable fabrics, waterproof materials, and eco-friendly components designed for both men and women, and they are distributed through both offline and online channels.
The fly fishing apparel and accessories research report is one of a series of new reports that provides fly fishing apparel and accessories market statistics, including the fly fishing apparel and accessories industry's global market size, regional shares, competitors with fly fishing apparel and accessories market share, detailed fly fishing apparel and accessories market segments, market trends and opportunities, and any further data you may need to thrive in the fly fishing apparel and accessories industry. This fly-fishing apparel and accessories market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The fly fishing apparel and accessories market consists of sales of jackets, waders, packs, socks, rods, reels, nets, hooks, footwear, and clothing. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The fly fishing apparel and accessories market size is expected to see steady growth in the next few years. It will grow to $4.05 billion in 2028 at a compound annual growth rate (CAGR) of 4.8%. The growth in the forecast period can be attributed to the increasing demand for seafood, a growing market for eco-friendly products, rising disposable income, the gaining traction of recreational fly fishing, and an increasing number of women participating in fly fishing. Major trends in the forecast period include major manufacturers expanding their product portfolios, ongoing technological advancements, innovations in fishing equipment, the development of eco-friendly and sustainable fly fish apparel, and the rising adoption of strategies by key players.
The anticipated growth in the fly-fishing apparel and accessories market is driven by an increased interest in outdoor activities. Outdoor activities encompass various leisure, recreational, sporting, and cultural pursuits conducted in outdoor settings. Fly fishing, offering a distinctive and immersive experience appealing to both beginners and experienced enthusiasts, aligns with the growing desire of more individuals to reconnect with nature and engage in recreational pastimes. For example, in 2021, the Outdoor Foundation reported that 164.2 million Americans aged six and above, constituting 54% of the population, participated in outdoor recreation at least once - a record-breaking figure. This marked a 6.9% increase from 2020, when 161.3 million Americans engaged in outdoor activities. Consequently, the heightened interest in outdoor pursuits is poised to propel the fly-fishing apparel and accessories market.
The increasing participation in fishing is expected to drive the growth of the fly-fishing apparel and accessories market. Fishing, a recreational activity centered around catching fish for sport or leisure, is enjoyed in diverse environments such as lakes, rivers, and seas. The fly-fishing apparel and accessories market significantly contributes to the surge in fishing participation by providing specialized gear, comfortable attire, and essential accessories, thereby meeting the needs of enthusiasts and enhancing their overall fishing experience. In 2021, The Outdoor Industry Association reported a 4.5% increase in the number of Americans participating in fishing, totaling 52.4 million enthusiasts. Notably, youth participation (ages 6-17) surged by 14%, indicating a growing interest in fishing among younger generations. Hence, the rising participation in fishing is expected to be a driving force for the fly-fishing apparel and accessories market.
Fly-fishing apparel and accessories market witnesses a significant trend of product innovation, with major companies actively engaged in developing cutting-edge products to fortify their market positions. In March 2022, Skwala Fishing, a US-based company specializing in fishing apparel and gear, introduced a new fly-fishing brand. This brand showcases garments meticulously designed and crafted to empower anglers in expanding their fly-fishing pursuits. The initial product lineup includes two waders, two coats, two insulation pieces, two sun shirts, wading pants, and shorts. Employing innovative breathable and insulation design and technology, the brand ensures angler comfort in diverse temperature conditions, featuring industry-leading stretch fabrics.
Prominent companies in the fly-fishing apparel and accessories market are emphasizing the development of advanced materials, exemplified by the integration of graphite technology to deliver reliable services. Sage, a US-based provider of high-quality fly fishing equipment, exemplified this approach in March 2022 with the introduction of the R8 Core Fly Rod. This rod incorporates an amplified two-way feedback loop enabled by novel materials, allowing anglers to better sense the rod's power throughout casting, presentation, and fish fighting, enhancing overall control. The rod utilizes an entirely new set of materials, resulting in a noticeably lighter, more torsionally stable, and feedback-enhanced product.
In August 2022, Vista Outdoor Inc., a US-based company specializing in outdoor sports and leisure goods, executed a strategic move by acquiring Simms Fishing Goods for $192.5 million. This acquisition positions Vista Outdoor for substantial growth in its Outdoor Products sectors and broadens its primary addressable market into a new and highly appealing category, featuring a premium, innovative brand with significant growth potential. Simms Fishing Products, the acquired entity, is a US-based producer of fishing equipment, accessories, and apparel.
Major companies operating in the fly fishing apparel and accessories market report are Decathlon SA, Shimano Inc., Columbia Sportswear Company, Patagonia Inc., The Orvis Company Inc., Simms Fishing Products LLC, Hardy & Greys Limited, Costa Del Mar, Outcast Sporting Gear, Wapsi Fly Inc., Original Buff S.A., Umpqua Feather Merchants, Griffin Enterprises Inc., R.L. Winston Rod Company, Scott Fly Rod Company, Hatch Outdoors Inc, Frogg Toggs, Snowbee USA, Bassdash, Loop Tackle Design AB, Vision Fly Fishing, Suncloud Optics, Fishpond, Scientific Anglers, Fishewear, WETFLY LLC, Howler Brothers, Montana Fly Company, Hareline Dubbin Inc, Temple Fork Outfitters.
North America was the largest region in the fly fishing apparel and accessories market in 2023. The regions covered in the fly fishing apparel and accessories market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the fly fishing apparel and accessories market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
The primary categories of fly-fishing apparel and accessories include apparel and accessories themselves. Apparel comprises clothing and accessories worn during fly fishing to improve comfort, safety, and utility while also adding a touch of style. These items are crafted from breathable fabrics, waterproof materials, and eco-friendly components designed for both men and women, and they are distributed through both offline and online channels.
The fly fishing apparel and accessories research report is one of a series of new reports that provides fly fishing apparel and accessories market statistics, including the fly fishing apparel and accessories industry's global market size, regional shares, competitors with fly fishing apparel and accessories market share, detailed fly fishing apparel and accessories market segments, market trends and opportunities, and any further data you may need to thrive in the fly fishing apparel and accessories industry. This fly-fishing apparel and accessories market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The fly fishing apparel and accessories market consists of sales of jackets, waders, packs, socks, rods, reels, nets, hooks, footwear, and clothing. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Fly Fishing Apparel and Accessories Market Characteristics3. Fly Fishing Apparel and Accessories Market Trends and Strategies32. Global Fly Fishing Apparel and Accessories Market Competitive Benchmarking33. Global Fly Fishing Apparel and Accessories Market Competitive Dashboard34. Key Mergers and Acquisitions in the Fly Fishing Apparel and Accessories Market
4. Fly Fishing Apparel and Accessories Market - Macro Economic Scenario
5. Global Fly Fishing Apparel and Accessories Market Size and Growth
6. Fly Fishing Apparel and Accessories Market Segmentation
7. Fly Fishing Apparel and Accessories Market Regional and Country Analysis
8. Asia-Pacific Fly Fishing Apparel and Accessories Market
9. China Fly Fishing Apparel and Accessories Market
10. India Fly Fishing Apparel and Accessories Market
11. Japan Fly Fishing Apparel and Accessories Market
12. Australia Fly Fishing Apparel and Accessories Market
13. Indonesia Fly Fishing Apparel and Accessories Market
14. South Korea Fly Fishing Apparel and Accessories Market
15. Western Europe Fly Fishing Apparel and Accessories Market
16. UK Fly Fishing Apparel and Accessories Market
17. Germany Fly Fishing Apparel and Accessories Market
18. France Fly Fishing Apparel and Accessories Market
19. Italy Fly Fishing Apparel and Accessories Market
20. Spain Fly Fishing Apparel and Accessories Market
21. Eastern Europe Fly Fishing Apparel and Accessories Market
22. Russia Fly Fishing Apparel and Accessories Market
23. North America Fly Fishing Apparel and Accessories Market
24. USA Fly Fishing Apparel and Accessories Market
25. Canada Fly Fishing Apparel and Accessories Market
26. South America Fly Fishing Apparel and Accessories Market
27. Brazil Fly Fishing Apparel and Accessories Market
28. Middle East Fly Fishing Apparel and Accessories Market
29. Africa Fly Fishing Apparel and Accessories Market
30. Fly Fishing Apparel and Accessories Market Competitive Landscape and Company Profiles
31. Fly Fishing Apparel and Accessories Market Other Major and Innovative Companies
35. Fly Fishing Apparel and Accessories Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Fly Fishing Apparel and Accessories Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on fly fishing apparel and accessories market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
- Assess the Russia-Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis.
- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Where is the largest and fastest growing market for fly fishing apparel and accessories? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Report Scope
Markets Covered:1) By Product Type: Apparel; Accessories
2) By Material: Breathable Fabrics; Waterproof Fabrics; Eco-Friendly Materials
3) By Gender: Men; Women
4) By Distribution Channel: Offline; Online
Key Companies Mentioned: Decathlon SA; Shimano Inc.; Columbia Sportswear Company; Patagonia Inc.; The Orvis Company Inc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes
Delivery Format: PDF, Word and Excel Data Dashboard
Companies Mentioned
- Decathlon SA
- Shimano Inc.
- Columbia Sportswear Company
- Patagonia Inc.
- The Orvis Company Inc.
- Simms Fishing Products LLC
- Hardy & Greys Limited
- Costa Del Mar
- Outcast Sporting Gear
- Wapsi Fly Inc.
- Original Buff S.A.
- Umpqua Feather Merchants
- Griffin Enterprises Inc.
- R.L. Winston Rod Company
- Scott Fly Rod Company
- Hatch Outdoors Inc
- Frogg Toggs
- Snowbee USA
- Bassdash
- Loop Tackle Design AB
- Vision Fly Fishing
- Suncloud Optics
- Fishpond
- Scientific Anglers
- Fishewear
- WETFLY LLC
- Howler Brothers
- Montana Fly Company
- Hareline Dubbin Inc
- Temple Fork Outfitters.
Methodology
LOADING...
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | February 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 3.36 Billion |
Forecasted Market Value ( USD | $ 4.05 Billion |
Compound Annual Growth Rate | 4.8% |
Regions Covered | Global |
No. of Companies Mentioned | 30 |