Fishing Wader Market Report 2024

This Fishing Wader market 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 fishing wader market size has grown strongly in recent years. It will grow from $2.9 billion in 2023 to $3.12 billion in 2024 at a compound annual growth rate (CAGR) of 7.4%. The growth observed during the historic period can be attributed to several factors such as the expansion of e-commerce, government initiatives, increased investment in fish farming, a surge in tourism, and rising participation in outdoor activities.

The fishing wader market size is expected to see strong growth in the next few years. It will grow to $4.17 billion in 2028 at a compound annual growth rate (CAGR) of 7.5%. The anticipated growth during the forecast period can be attributed to factors such as the increasing popularity of fishing chest waders, rising demand for fishing waders for personal use, growing emphasis on safety with fishing waders, a surge in recreational fishing activities, and expansion opportunities in outdoor and adventure sports. Major trends include innovations in product design, integration of advanced fabric technologies, growing popularity of chest waders, increasing demand for eco-friendly materials, and advancements in tech integration and wearable technology.

The increase in recreational fishing activities is projected to drive the growth of the fishing wader market. Recreational fishing, which involves catching fish for enjoyment rather than commercial purposes, is rising due to more leisure time, advancements in fishing gear and technology, and a growing interest in outdoor experiences. Fishing waders provide protection against cold and wet conditions, enhancing the fishing experience and enabling longer sessions in various environments. For instance, data from the Department of Primary Industries and Regions (PIRSA) reported in February 2023 shows that over 356,708 South Australians participated in recreational fishing in the 12 months leading up to March 2021, reflecting a participation rate of 23.3%, an increase from previous surveys in 2013-2014 and 2007-2008. This surge in recreational fishing is driving the growth of the fishing wader market.

Key players in the fishing wader market are developing advanced products with improved durability and comfort to appeal to a broader customer base, enhance user satisfaction, and maintain a competitive edge. Enhanced durability waders provide superior insulation while allowing for adequate ventilation, ensuring comfort during extended use. For example, in March 2023, Simms, a US-based fishing gear company, introduced the Freestone Wader collection. This collection features advanced, 3-layer Toray fabric with enhanced breathability and waterproofing, reinforced knees and seat for increased durability, and an adjustable waistband for a customizable fit. It also includes practical elements such as a reach-through fleece-lined hand warmer pocket, a zippered chest pocket for tools and fly boxes, and built-in gravel guards to prevent debris from entering the waders.

In August 2022, Vista Outdoor, a US-based designer, manufacturer, and marketer of outdoor sports and recreation products, acquired Simms Fishing Products for $192.5 million. This acquisition significantly expands Vista Outdoor’s outdoor products segment, which includes a wide range of outdoor brands. Simms Fishing Products, based in the US, manufactures fishing equipment, accessories, and apparel, including fishing waders.

Major companies operating in the fishing wader market are Decathlon SA, Under Armour Inc., Cabela's Inc., Columbia Sportswear Company, Vista Outdoor Inc., Patagonia Inc., Pure Fishing Inc., The Orvis Company Inc., LaCrosse Footwear Inc., Baffin Inc., Allen Company, Far Bank Enterprises Inc., Svendsen Sport A/S, The Fishin' Hole, Frogg toggs, Magnum (NZ) Ltd., Gator Waders LLC, Caddis Waders, DRYFT Fishing Waders, Paramount Outdoors, AQUAZ USA, Fishpond Inc., Korkers, Drake Waterfowl, Compass 360.

North America was the largest region in the fishing wader market in 2023. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the fishing wader market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the fishing wader market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

A fishing wader is a waterproof garment designed to keep anglers dry while fishing in water, allowing them to wade into deeper areas and access prime fishing spots while remaining comfortable and protected from cold and wet conditions.

The fishing wader market features several key products, including chest waders, hip waders, waist waders, boot foot waders, and stocking foot waders. Chest waders are waterproof overalls that extend from the feet up to the chest, providing full coverage to keep the wearer dry while wading in deeper water. These waders are made from materials such as nylon, polyester, neoprene, and rubber, and are available in various sizes including small, medium, and large. They are used for a range of applications, including personal and commercial use, and are designed for men, women, and children.

The fishing wader market research report is one of a series of new reports that provides fishing wader market statistics, including the fishing wader industry global market size, regional shares, competitors with fishing wader market share, detailed fishing wader market segments, market trends, and opportunities, and any further data you may need to thrive in the fishing wader industry. These fishing wader market research reports deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The fishing wader market consists of sales of stocking foot waders, boot foot waders, breathable waders, neoprene waders, thermal waders, and custom waders. 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.

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